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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

Latest News

SSC Completes Construction of New Coil Center in Japan

26 July 2012 - SSC Co., Ltd. held an inauguration ceremony for its new coil center in the Tohoku region of Japan on 24 July 2012.

Tata Steel Begins Work on £240m Investment in Wales

26 July 2012 - On 26 July, Tata Steel marked the launch of a £240 million investment at its Port Talbot works in South Wales by calling on government at all levels in the UK to take urgent and immediate action to create growth and remove obstacles for recovery in the manufacturing economy.

Acerinox Reports Results for the First Half of 2012

25 July 2012 - Spanish stainless steel producer Acerinox reported its results for the first half of 2012, noting the strength of the North American market and strong performance of North American Stainless has enabled it to post healthy results despite the weak European market and tense prices in the Asian markets.

Russula Completes Two Projects for Nucor Steel Jackson

25 July 2012 - Russula has successfully completed two projects for the Nucor Steel rolling mill in Jackson, Miss.

Tata Steel to Invest €12 Million in French Steel Mill to Make Longer Premium Rails

25 July 2012 - Tata Steel has announced it will invest more than €12 million in new technology so it can produce longer wear-resistant rails at its French steel mill.

ArcelorMittal Announces Sale of Its Stake in Paul Wurth Group to SMS

25 July 2012 - ArcelorMittal announced the sale of its 48.1% stake in Paul Wurth Group to SMS GmbH for €300 million.

Allegheny Technologies Announces Second Quarter 2012 Results

25 July 2012 - Allegheny Technologies Inc. reported second quarter 2012 results similiar to those achieved in the first quarter in spite of a weakening global economy.

ArcelorMittal Reports Second Quarter and First Half 2012 Results

25 July 2012 - ArcelorMittal, the world's largest steel company, announced its earnings and operating results for the "challenging" first half of 2012.

KOCKS to Supply New SBQ Mill to NISCO

25 July 2012 - Nanjing Iron & Steel Co., Ltd. (NISCO) signed a contract with the German company FRIEDRICH KOCKS GmbH & Co KG for the supply and the commissioning of a 3-roll Reducing & Sizing Block 370/4 in heavy duty design [RSB++]for a new SBQ bar mill.

Jindal Steel & Power to Buy CIC Energy Corp.

24 July 2012 - Coal company CIC Energy Corp., listed on the Toronto and Botswana stock exchanges and headquartered in Nassau, Bahamas, has entered into a binding merger agreement with India's Jindal Steel & Power Limited.

SDI Roanoke Issues Final Acceptance Certificate for Simetal EAF Heatopt System Installed by Siemens

24 July 2012 - Siemens received the final acceptance certificate from SDI Roanoke for its holistic process model with Lomas offgas monitoring which is reducing conversion costs in its electric steel plant.

AK Steel Reports Second Quarter 2012 Financial Results

24 July 2012 - AK Steel reported a net loss of $724.2 million for the second quarter of 2012, including a non-cash ccharge of $736.0 million for a valuation allowance for the company’s deferred tax assets.

SDI Reports Slightly Lower Second Quarter Sales and Income

24 July 2012 - Steel Dynamics, Inc. announced second quarter net income of $44 million on net sales of $1.9 billion. In the first half of 2012 net income was $90 million on net sales of $3.9 billion.

Ilva to Restart Hot Rolling Line in Early September

24 July 2012 - Taranto, Italy-based steel producer Ilva, part of the Riva Group, announced that its hot rolling line No. 1 will be restarted in September.

SDI Roanoke Issues Final Acceptance Certificate for Simetal EAF Heatopt System Installed by Siemens

24 July 2012 - Siemens received the final acceptance certificate from SDI Roanoke for its holistic process model with Lomas offgas monitoring which is reducing conversion costs in its electric steel plant.

Siemens to Supply Electrical Steel Works to BMM Ispat

23 July 2012 - Indian steelmaker BMM Ispat Ltd. ordered the core systems for an electrical steel plant from Siemens VAI Metals Technologies, including an electric arc furnace specially designed for combined charging of hot metal and direct-reduced iron.

Universal Stainless Reports Second Quarter 2012 Results

20 July 2012 - Universal Stainless & Alloy Products, Inc. reported today that sales for the second quarter of 2012 were $67.9 million, an increase of 7% from the second quarter of 2011 but 9% below the record 2012 first quarter.

Gerdau Announces New CFO

20 July 2012 - Gerdau announced that its Executive Vice President and CFO, Osvaldo Burgos Schirmer, will retire on 31 December 2012, after 26 years of service with the company.

JSW Planning 2.3 Million Tonne Cold Rolling Complex for Automotive Steels

20 July 2012 - JSW Steel Limited plans to set up a 2.3 million tonne per annum cold rolling mill complex to manufacture high-grade automotive steel at Toranagallu in Bellary district.

Republic Steel Gets Air Permit for Expansion

19 July 2012 - The Ohio Environmental Protection Agency issued on 18 July 2012 a final air permit to Republic Steel for its new EAF, a natural gas-fired boiler, material handling and storage area, and modification of existing roads at the 1807 E. 28th St. steel mill in Lorain, Ohio.