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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
CMC Appoints John Elmore SVP and President of CMC International
02 July 2012 - Commercial Metals Company announced that effective today, Mr. John Elmore has been selected to serve as Senior Vice President of the company and President of the company's International division, succeeding Mr. Hanns Zollner who will retire as of 1 January 2013.
U.S. Steel Shipments Down 3.1% from March to April
02 July 2012 - The American Iron and Steel Institute (AISI) reported that for the month of April 2012, U.S. steel mills shipped 8,245,339 tons, a 3.1% decrease from the 8,512,825 tons shipped in the previous month.
U.S. Steel Announces New Executive Appointments
02 July 2012 - The United States Steel Corporation's Board of Directors has elected Mario Longhi to the position of executive vice president and chief operating officer. The company also announced the appointments of George F. Babcoke, Douglas R. Matthews and Michael S. Williams to the company's executive management committee.
MMFX Steel Appoints Technical Sales Manager
02 July 2012 - MMFX Steel Corporation of America has hired Recto (Jon) Colinares to serve as Technical Sales Manager. Mr. Colinares will provide engineering support as well as direct sales of MMFX2 corrosion-resistant and high-strength concrete reinforcing steel products.
MMK Signs Long-Term Contract for Gas Supplies from NOVATEK
02 July 2012 - Magnitogorsk Iron and Steel Works (MMK) signed a long-term gas supply contract with OOO NOVATEK-Chelyabinsk to support the group’s operating performance and future development.
Oates of Universal Stainless Wins 2012 E&Y Entrepreneur of the Year Award
29 June 2012 - Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced that Dennis M. Oates, Chairman, President and Chief Executive Officer, has received the Ernst & Young Entrepreneur of the Year® 2012 Award.
U. S. Steel Names Christian Korn Vice President-Commercial, Europe
29 June 2012 - United States Steel Corporation (NYSE: X) announced today that Christian Korn has been named vice president – commercial, Europe.
ArcelorMittal Unveils iCARe™ Portfolio of Electrical Steel Solutions for Electric Vehicle Market
27 June 2012 - ArcelorMittal unveiled its first electrical steel product range designed specifically to meet the requirements of the electric vehicle sector at the Coil Winding, Insulation and Electrical Manufacturing Exhibition (CWIEME) in Berlin.
ThyssenKrupp Mandates Two Firms to Examine Strategic Options for Steel Americas Unit
27 June 2012 - ThyssenKrupp AG has mandated Goldman Sachs and Morgan Stanley to examine strategic options for its Steel Americas plants in Brazil and the U.S.
Salzgitter Appoints New Board Members
27 June 2012 - Dirk Schulte was appointed the new Industrial Relations Director of the Salzgitter steel companies and Stephan Lemgen will take over as Peiner Träger GmbH's new Managing Director Technology.
SDI Plans to Add Hot Band Leveling Line at Butler Plant
27 June 2012 - Steel Dynamics Inc. (SDI) is planning to expand its product line in Butler, Ind., with the addition of a hot band leveling line.
Commerical Metals Reports Third Consecutive Profitable Quarter
27 June 2012 - Commercial Metals Company reported net earnings of $40.7 million on net sales of $2.0 billion for the third quarter ended 31 May 2012.
OMK Launches New Mill at Almetyevsk Pipe Plant
27 June 2012 - Russia's United Metallurgical Co. (OMK) has launched a new highly productive 10-65 mill by Italian MTM at its Almetyevsk Pipe Plant (APP).
OMK Signs Financing Agreement for New Pipe and Steelmaking Complex
27 June 2012 - The United Metallurgical Co. (OMK) has signed a cooperation agreement with Sberbank of Russia for the financing of the construction of an integrated pipe and steelmaking complex in the town of Chusovoy of the Perm Territory.
ThyssenKrupp VDM Wins 2012 Steel Innovation Prize
27 June 2012 - ThyssenKrupp VDM was, together with the Jülich Research Centre, awarded the 2012 Steel Innovation Prize in the "Steel in Research & Development/Processes" category for the new material Crofer® 22 H.
SDI Selects Tenova Core New Walking Beam Furnace
27 June 2012 - Tenova Core has been contracted by Steel Dynamics, Inc., for the design and supply of a 100 ton/hour walking beam reheating furnace at its Pittsboro, Ind., facility.
ArcelorMittal Unveils iCARe™ Portfolio of Electrical Steel Solutions for Electric Vehicle Market
27 June 2012 - ArcelorMittal unveiled its first electrical steel product range designed specifically to meet the requirements of the electric vehicle sector at the Coil Winding, Insulation and Electrical Manufacturing Exhibition (CWIEME) in Berlin.
Two ArcelorMittal Mills Cut 440,000 Tonnes of Emissions with Gas Recovery Projects
27 June 2012 - ArcelorMittal Flat Carbon Europe sites in Gent and Bremen are recovering and re-using their waste gases to reduce their emissions and energy costs. Their projects have been identified as best practices for the rest of the group to replicate.
Salzgitter Lowers Profit Guidance on Deteriorating Economic Outlook
27 June 2012 - In releasing its profit guidance for the financial year 2012, the Salzgitter group notes that the economic outlook for Germany and the eurozone as a whole has deteriorated further due to the severe problems caused by Europe's debt crisis; this falls markedly short of the expectations underlying the profit guidance released by the Salzgitter Group on 15 May 2012.
Sutor Technology Receives Nasdaq Notification of Non-Compliance with Minimum Bid Price Rule
26 June 2012 - Sutor Technology Group Limited, a leading China-based non-state-owned manufacturer and distributor of high-end fine finished steel products and welded steel pipes received notification that it is not in compliance with the $1.00 minimum closing bid price requirement under the NASDAQ Listing Rules.
