Steel News

Jemison Demsey Mulls New Alabama Plant

13 August 2012 - Flat-rolled steel processor Jemison Demsey Metals has received tax abatements to build a $28.1 million facility in the Decatur, Ala., area.

ThyssenKrupp Reports Results for First Nine Months of Fiscal Year

13 August 2012 - Low volumes and prices in ThyssenKrupp's materials business caused declines in orders from continuing operations and sales as the German company reported its earnings results for the period 1 October 2011 to 30 June 2012.

ThyssenKrupp Steel Europe Finds New Owner for Construction Activities

13 August 2012 - In October 2011, the Executive Board of ThyssenKrupp Steel Europe decided to divest the company’s business with high-quality steel products for the construction industry; a purchase and sale contract for the Construction Group has now been agreed with Kingspan.

BlueScope & Nippon Steel Establish Coated Products Joint Venture

13 August 2012 - Australia’s BlueScope and Japan’s Nippon Steel Corporation have agreed to form a new US$1.36 billion joint venture encompassing BlueScope’s ASEAN and North American building products businesses.

Timken Announces New Appointments

13 August 2012 - The Timken Company announced the appointment of Kevin Beck to assistant treasurer for Corporate Treasury. In addition, Paul Locke has been named controller for Aerospace and Defense.

MMK Sells Its Stakes in OOO BRU and OOO Rudnik

13 August 2012 - MMK announces the sale of its 51% stake in OOO Bakalskoe Iron Ore Management and its 100% stake in OOO Rudnik, which owns a license for the development of the Techenskoe field.

China Gerui Advanced Materials Announces Strategic Update and Revisions to Guidance

13 August 2012 - China Gerui Advanced Materials Group Limited, a leading high precision, cold-rolled strip steel producer in China, announced that a strategic update as to its recent export activities and that it will be revising its fiscal 2012 revenue and earnings per share guidance.

Ahmsa Halts Mexico Coal Mine Output After Six Killed

09 August 2012 - Mexican integrated steelmaker Altos Hornos de Mexico Sa de CV (Ahmsa) halted operations at Mine VII of its Mimosa mining unit following the death of six miners last Friday.

Taishan Steel to Start Stainless Rolling Facility Upgrade in September

09 August 2012 - Chinese plantmaker China 19th Metallurgical Corp. announced it has won a tender to carry out the upgrading project of the stainless steel rolling mill of Shandong Province-based steelmaker Shandong Taishan Iron and Steel Group.

ILVA Steel Plant to be Opened for Upgrades

08 August 2012 - An Italian court ruled on 7 August that Europe's largest steel plant, ILVA, could upgrade its production line to meet regulatory standards, and the chairman of the plant said it could keep running while the improvements are made.

U.S. Mills: Steel Can Hold Its Own in Automotive Market

08 August 2012 - Don’t be so quick to abandon steel as the automotive material of choice, said a wing of the American Iron and Steel Institute in a statement Tuesday.

Union Official Says Liquidation Company is Highest Bidder for Sparrows Point

08 August 2012 - A top union official told RG Steel Sparrows Point steelworkers on 8 August that Hilco Industrial, a Michigan liquidation company, is the winning bidder for the mill. Its bid was $72 million.

Baosteel Signs Cooperation Deal with China Communications Construction

08 August 2012 - Shanghai-based steel giant Baosteel Group announced it has signed a strategic cooperation agreement with China Communications Construction Co.

Nippon Steel and WISCO Plan Expansion to Tinplate Joint Venture

08 August 2012 - Nippon Steel Corporation and Wuhan Iron and Steel Corporation (WISCO) plan to double producion capacity at their Chinese joint venture, WISCO-Nippon Steel Tinplate Co., to 400,000 tonnnes/year of tinplate and 400,000 tonnes/year of tin mill black plate.

Middough Client Achieves Highest Safety Rating

07 August 2012 - Middough Inc., a top-ranking U.S. engineering, architectural and management services company, is pleased to announce that its client, Linde L.L.C., was recently presented with the highest safety rating ever awarded by Northstar Bluescope Steel.

Hengyang Valin Steel Commissions PQF® Seamless Tube Mill

07 August 2012 - China's Hengyang Valin Steel Tube has commissioned a new 500,000 tonnes/year PQF® seamless tube mill from SMS Meer.

U. S. Steel Names James R. Gray General Manager—Great Lakes Works

07 August 2012 - United States Steel Corporation announced that James R. Gray has been named general manager – Great Lakes Works. The change was effective 1 August.

Timken Appoints Two Key Executives to New Leadership Positions

07 August 2012 - The Timken Company announced that Christopher A. Coughlin and Richard G. Kyle have been named to the newly created positions of group presidents. In these roles, Coughlin and Kyle will be responsible for all activities related to the company's four business segments.

Kiswire Opens R&D Center in Malaysia

07 August 2012 - South Korea’s Kiswire announced plans to invest a further RM1.8 billion to beef up its operations in Johor as it moves to make Malaysia its production hub for high-carbon steel wire products in South-East Asia, after officially opening the Kiswire research and development center and regional headquarters on 31 July.

OSHA Cites ArcelorMittal Plate Mill for Safety and Health Hazards

06 August 2012 - The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has cited steel plate manufacturer ArcelorMittal for eight safety and health – including one repeat – violations at its Conshohocken, Pa., facility.