.jpg?lang=en-US&ext=.jpg)
-(1).gif?width=220&height=200&mediaprotectionhash=8011a71ede637cd523c67b1296fc49e6151560fde821a46f29cc85998cc76615&ext=.gif)
Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Alabama Environmental Agency to Fine ThyssenKrupp Steel USA
15 August 2012 - The Alabama Department of Environmental Management is proposing to issue a fine to ThyssenKrupp Steel USA for several safety violations.
Keystone Reports Second Quarter Operating Results
14 August 2012 - Keystone Consolidated Industries, Inc. reported operating income before pension and other postretirement benefit (OPEB) credits for the second quarter of 2012 of $8.8 million, as compared to $10.0 million in the second quarter of 2011.
New Millennium Iron Announces $12.8 Million Investment by Tata Steel Minerals Canada
14 August 2012 - Tata Steel Minerals Canada Ltd, a joint venture between Tata Steel and New Millennium Iron Corp., has signed an agreement with the Sept-Îles Port Authority providing TSMC with access to a minimum of 5 million tonnes of annual shipping capacity from the new multi-user deep water dock facility to be located in the Bay of Sept-Îles at Pointe Noire, an ideal location for year round shipping in large ore carriers to Tata Steel’s European plants.
Evraz Resumes Operations of Evraz Highveld in South Africa
14 August 2012 - EVRAZ plc announced the restart of operations at EVRAZ Highveld Steel and Vanadium in South Africa which had been temporarily suspended as a result of an industrial action announced by EVRAZ Highveld’s largest union NUMSA at the end of July.
New Structural Plant Will be Built by Gerdau Corsa in Mexico
14 August 2012 - Gerdau is resuming a R$1.1 billion project to build a new plant in Mexico through its joint venture with Gerdau Corsa.
Essar Steel Algoma Reports Positive EBITDA
13 August 2012 - Essar Steel Algoma reported positive EBITDA of $54.6 million and a net loss of $7.2 million for the three month period ending 30 June 2012 on shipments of 644,844 tons.
ThyssenKrupp Says It Will Reduce Workforce
13 August 2012 - ThyssenKrupp Steel USA said on 13 August that it will reduce the current workforce of its Calvert, Ala., plant by 197, of which 143 are hourly positions.
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.
