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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Marubeni-Itochu to Boost Capacity at OCTG Threading Company in Malaysia
30 August 2012 - Marubeni-Itochu Steel Inc. announced it will increase processing capacity at Sobena Offshore Inc., an OCTG threading company operated in Malaysia by Marubeni-Itochu Tubular Asia), a Singapore-based MISI Group steel pipe sales company.
Carpenter to Establish Manufacturing Facility in China
30 August 2012 - Carpenter Technology Corporation announced it plans to construct a bar finishing facility in China to meet increased customer demand in Asia.
ThyssenKrupp Nirosta Introduces Short-Time Working Due to Weak Orders
30 August 2012 - Due to continuing weak orders at ThyssenKrupp Nirosta GmbH, short-time working is being introduced from September 2012.
Integrated Mill Systems Upgrades ArcelorMittal Cleveland TCM
30 August 2012 - Integrated Mill Systems recently finished its drives & automation upgrade of the ArcelorMittal Cleveland Works TCM, on time and budget.
Krakatau Steel to Build US$400 Million Hot Strip Mill in 2013
29 August 2012 - Indonesia’s largest steelmaker, PT Krakatau Steel (KRAS), plans to spend up to US$400 million on a new hot strip mill next year as part of its expansion plan, the Jakarta Post reports.
Union Contract with U.S. Steel Expected; ArcelorMittal Contract Uncertain
29 August 2012 - With three days left to negotiate a new contract involving about 26,000 unionized workers at U.S. plants operated by U.S. Steel and ArcelorMittal, industry analysts say the most likely scenario is that the Pittsburgh steelmaker will make peace with the United Steelworkers union -- but ArcelorMittal may not.
China Steel Corp. to Revamp CAL and Open New Service Center in China
29 August 2012 - Taiwan-based China Steel Corporation (CSC) announced the results of its Board of Directors meeting held on 27 August 2012, including decisions to revamp a continuous annealing line and establish a new service center in China.
Essar Steel Wins Global Pipe Orders Worth US$72 Million
29 August 2012 - Essar Steel has received two sizeable orders from the Middle East and Africa for manufacturing of API grade steel pipes worth Rs 400 crore (US$72 million).
Carpenter to Sell Distribution Businesses
28 August 2012 - Carpenter Technology Corporation has commenced a process to sell Latrobe Specialty Steel Distribution and its Mexican distribution business, Aceros Fortuna.
Greer Steel Selects Matisko for VP-Commercial
28 August 2012 - Greer Steel, a U.S. producer of cold rolled strip steel, has named David E. Matisko as Vice President-Commercial at the company’s Dover, Ohio, facility.
Ilva to Invest €146 Million in Environmental Projects
28 August 2012 - On 25 August, the board of directors of Taranto, Italy-based steel producer Ilva approved a €146 million environmental plan, confirming its timely engagement in developing new investment projects aimed at reducing pollution in the Taranto area, SteelOrbis reports.
Timken Announces Additional Leadership Appointments
28 August 2012 - The Timken Company has appointed new leaders to the following positions: president of the company’s China business; managing director and director of manufacturing operations in India; vice president - quality advancement; and senior vice president of planning and development.
Timken Names Leaders to Key Supporting Roles
28 August 2012 - The Timken Company announced the appointment of four new leaders within its Bearings and Power Transmission group, reporting to Christopher A. Coughlin, group president: John W. Beam, vice president for supply chain; Richard M. Boyer, vice president of manufacturing; Hans Landin, vice president of business advancement; and Michael P. Morgan, controller.
Jindal Begins Commercial Production at New Indian Plate Mill
28 August 2012 - Jindal Steel & Power Ltd (JSPL) proudly announced the commercial production of India’s widest 5.0-meter-wide plate mill in Angul, Odisha, India - part of the first phase of the 6.0 million tonnes per annum integrated steel plant there.
ThyssenKrupp Seeks $8.8 Billion for U.S., Brazil Mills: Report
28 August 2012 - German steelmaker ThyssenKrupp plans to sell its U.S. and Brazilian mills separately for at least the book value, which is about 7 billion euros ($8.8 billion), its chief executive has told German newspaper Welt am Sonntag.
RÜTGERS SEVERTAR to Complete Phase 1 Construction Work in December 2012
28 August 2012 - RÜTGERS SEVERTAR LLC will complete by December 2012 phase 1 of production facilities for the processing of coal tar based on coke production to supply premium quality chemical raw materials to international markets.
Emirates Steel Appoints First UAE National as CEO
28 August 2012 - Emirates Steel’s Board of Directors agreed to appoint engineer Saeed Ghumran Al Romaithi as the company's new Chief Executive Officer.
Schnitzer Provides Market Outlook and Announces Significant Cost Reductions
28 August 2012 - Schnitzer Steel Industries, Inc. announced its market outlook for its fourth quarter of fiscal 2012 as well as initiatives it expects will extract greater synergies from recent acquisitions and technology investments.
ThyssenKrupp Steel USA to Temporarily Shut Down Production Due to Tropical Storm
27 August 2012 - ThyssenKrupp Steel USA in Calvert, Ala., said it will shut down operations by 6 p.m. on 27 August 2012 due to Tropical storm Isaac.
Severstal Launches Reconstruction of Gas-Cleaning Units at Cherepovents
27 August 2012 - OAO Severstal announced that its Cherepovets steel mill, one of the world’s largest integrated steelmaking plants and part of the Severstal Russian Steel division, has launched the reconstruction of its gas-cleaning units.
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