Steel News

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.

Tree Island Richmond BC Union Local Given Mandate to Serve 72-Hour Strike Notice

27 August 2012 - Teamster employees at Tree Island Industries's British Columbia, Canada manufacturing facility have voted to give their union authority to serve 72-hour strike notice should negotiations over a new labor agreement not be achieved.

Nucor Announces Sale of Wire Products Facility In Pennsylvania

27 August 2012 - Nucor Corporation has completed the sale of the assets of its Nucor Wire Products Pennsylvania facility located in New Salem, Pa., to an affiliate of Wire Mesh Corporation.

U. S. Steel Canada Recalls Workers, Plans Hiring Blitz

27 August 2012 - U.S. Steel has recalled all of its laid-off Hamilton workers and is posting plans to hire another 72 staff for its Canadian operations, the Hamilton Spectator reported.

Keystone Steel & Wire Recognized for Company-Wide Recycling Program

27 August 2012 - Keystone Steel & Wire was recently chosen to receive the 2012 Steel Manufacturers Association Achievement in Environmental Stewardship and Recycling Award.

Gerdau Reuses More Than 220 Billion Gallons of Water in the First Half of 2012

27 August 2012 - Gerdau, leading producer of long steel in the Americas and one of the leading suppliers of special steel in the world, has reached a world milestone by reusing 220 billion gallons of water in the first half of 2012.

Report: ThyssenKrupp Wants Plant Offers by 28 September

24 August 2012 - ThyssenKrupp AG is inviting non-binding offers of purchase by 28 September for its plants in Calvert and Brazil, according to Brazil's Valor Economico business newspaper, as reported by Dow Jones Newswire.

voestalpine Takes the Next Step in Its Expansion Strategy in the U.S.

23 August 2012 - In the next several years, voestalpine will be investing more than €100 million in new plants in China, the U.S., South Africa, Romania, and Germany as part of a comprehensive globalization strategy in the automotive sector. Now the first concrete step is being taken overseas. A production facility is being erected in the U.S., with a construction budget of €50 million.

Essar Steel Minnesota Announces Project Accomplishments

23 August 2012 - Essar Steel Minnesota announced major achievements for its iron ore mining and taconite pellet plant: during a tour of the site with IRRRB members, company spokespeople announced that they’ve secured over a billion dollars in project financing, the amount needed for their initial production of 4.1 million tons per year of taconite pellets.

voestalpine Steel Service Center Romania Opens For Business

23 August 2012 - A major milestone was celebrated on 23 July 2012 in Giurgiu, Romania: the start of production operations at voestalpine Steel Service Center Romania SRL.

Italian Court Confirms Production Halt at Steel Plant

22 August 2012 - An Italian court said steel plant ILVA would have to clean up pollution caused by noxious emissions before it could resume production, according to documents on Monday 20 August which explained a ruling placing parts of the site under special administration.

Performance Test Proves Economy Efficiency of Corex Hot-Metal Production Route

22 August 2012 - One year following startup of the second Corex module at the Chinese steelmaker Baosteel in Shanghai, a successful performance test has now proven the economy efficiency of this alternative technology for the production of hot metal.

Salzgitter Group Supplies Another 15,200 Tonnes of Steel for Meerwind Offshore Wind Farm

22 August 2012 - Salzgitter Group company Ilsenburger Grobblech GmbH (ILG) has received an order from Siemens Wind Power A/S to supply around 15,200 tonnes of steel plate to construct the tubular steel masts for the Meerwind offshore wind farm.

Sesa Goa Commissions New Pig Iron Plant

22 August 2012 - Sesa Goa Limited announced the successful commissioning of its third blast furnace of 450 m3 capacity with the hot metal production commencing from 17 August 2012.

H&K Industrieanlagen to Supply New Slab Turnover Device for Dillinger Hütte

22 August 2012 - Germany's H&K Industrieanlagen has received an order from German heavy-plate producer Dillinger Hütte to supply a new slab turnover device for the heavy-plate mill.

NLMK Expands Secondary Treatment to Add New Steel Grades

22 August 2012 - NLMK announced that Novolipetsk, its main production site in Lipetsk, Russia, has commissioned a 2 million tonne per year ladle furnace (LF) to produce high-grade steels, enabling the company to produce new types of high-quality rolled steels for use in the automotive, mechanical engineering and construction industries.

Outokumpu Stainless Orders Heat Treatment Line for Stainless Steel Plates

22 August 2012 - Outokumpu Stainless AB has awarded SMS Siemag, Germany, a contract for the supply of a heat treatment line for stainless steel plates. The expansion will allow the Outokumpu Stainless works in Degerfors, Sweden, to boost its production of heat treated plates and improve the product quality.

Kezhou Ganxin to Build High-Strength Steel Production Line

21 August 2012 - Xinjiang region-based Chinese steelmaker Kezhou Ganxin Iron and Steel Co., Ltd., announced it will start construction of its sintering machine project for a high-strength steel production line with an annual capacity of one million tonnes.