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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
Thailand Drafts Law to Shut Mills Producing Substandard Steel
18 June 2012 - The Council of Ministers of Thailand approved a draft bill this past week that will allow the country's Ministry of Industry to shut mills that produce substandard steel. The new law will stipulate the type of raw materials to be used and ensure that the quality of products made in mills are in accordance with law.
Chengdu Plate Co. Develops Production of Thicker HDG Plate
18 June 2012 - Chinese steelmaker Chengdu Plate Co. announced it has developed production of 2.3 x 1250 mm hot-dip galvanized (HDG) plate.
Bekaert and Xinsteel Break Ground for New Plant in China
18 June 2012 - On May 28, Bekaert and Xinsteel broke ground for a new wire production plant in Xinyu, Jiangxi Province, China.
ArcelorMittal Commissions New Ladle Shop in Polish Facility
15 June 2012 - ArcelorMittal Poland has commissioned two new investments at its unit in Dąbrowa Górnicza – a Pulverized Coal Injection (PCI) into blast furnace No. 2 and a modernized sinter belt.
The Timken Company Board Elects Diane C. Creel as Director
15 June 2012 - The Timken Company's board of directors has elected Diane C. Creel, age 63, as a director of the company, for a term that expires at the company's annual meeting in 2013.
Commercial Metals Company Announces Sale Of Certain Croatian Pipe Mill Assets
14 June 2012 - Commercial Metals Company (CMC) announced the completion of the sale to an undisclosed and unaffiliated third-party of the assets related to the welded pipe mill and seamless pipe mill of CMC's former Croatian pipe mill, CMC Sisak d.o.o., for US$6.65 million. These assets were part of the assets excluded from the sale on June 1, 2012, of CMC Sisak to Industrielle Beteiligung SA.
ThyssenKrupp Stainless USA Names New Sales Director
14 June 2012 - ThyssenKrupp Stainless USA announced an additional director to its NAFTA commercial team. Stephen G. Davidson has joined the company’s sales and marketing group as an additional Sales Director based out of the Chicago, Ill. office.
Jindal May Cancel Bolivian Steel Project
14 June 2012 - India's Jindal Steel & Power (JSPL) said it was making plans to scrap a US$2.1 billion steel project in Bolivia, saying the Bolivian government had not met contract terms that include supply of natural gas for the project.
Nucor Announces Guidance for Its Second Quarter Earnings
13 June 2012 - Nucor Corporation announced guidance for its second quarter ending June 30, 2012. Nucor expects second quarter results to be in the range of US$0.35 to $0.40 per diluted share. This performance, excluding an expected impairment charge, is somewhat below the qualitative guidance presented in its first quarter earnings release and conference call.
Sutor Forms Joint Venture with China Railway Materials Wuhan Company Ltd.
13 June 2012 - Sutor Technology Group Limited has approved a plan to form a joint venture which will primarily be engaged in providing raw materials procurement, logistic and other related services to third parties.
SAIL and Kobe Steel Establish Iron Making Joint Venture
13 June 2012 - Indian state-owned steelmaker Steel Authority of India Limited (SAIL) and Japanese steel producer Kobe Steel have established a 50-50 iron making joint venture in Durgapur in West Bengal.
Outokumpu Faces In-Depth EU Antitrust Review of Inoxum Deal
13 June 2012 - Outokumpu Oyj faces an in-depth review by European Union regulators of its bid for ThyssenKrupp AG’s Inoxum stainless steel division in a deal that would create Europe’s largest maker of the alloy.
Industries Qatar Plans To Invest In New Steel Plant In Algeria
13 June 2012 - Industries Qatar QSC’s steel unit plans to invest in a new plant in Algeria that will start operating after 2016, according to a five-year plan released by the company.
SSAB Starts Production at Axis Expansion
13 June 2012 - SSAB announced that the US$220 million expansion of its Axis, Ala., steel mill is nearly complete and recently began production.
2011–2013 FeMET, StEEL and Premier Scholarships Awarded
12 June 2012 - The American Iron and Steel Institute (AISI) and the Association for Iron & Steel Technology Foundation's "Ferrous Metallurgy Education Today," or FeMET Initiative, and "Steel Engineering Education Link," or StEEL Scholarship program, both aimed at attracting top talent to the North American steel industry, have awarded scholarships of US$5,000 to third-year students from leading North American colleges for the 2011–2013 academic years.
Salzgitter AG Takes Over Part of the Operations of Kovac Stahl, Graz/Austria
12 June 2012 - Salzgitter AG/Germany has signed a contract to acquire the Graz- and Gratkorn-based operations of Kovac Stahl, Graz/Austria.
Posco, GE Sign Pact to Cooperate in Energy Development
12 June 2012 - Posco has signed an initial agreement with General Electric Co. to cooperate in energy development overseas and power plant business.
RG Idles Coke Batteries at Mountain State Carbon
09 June 2012 - Three coke batteries have been put on hot idle at Mountain State Carbon LLC, and about 200 unionized workers at the joint venture of RG Steel LLC and Severstal North America Inc. are being laid off, according to a local union official.
AK Steel Receives "Metallic Supplier of the Year" Award from Chrysler Group LLC
08 June 2012 - AK Steel has received the Metallic "Supplier of the Year" award from Chrysler Group LLC. The award recognizes AK Steel for extraordinary performance in 2011, and positions AK Steel among an elite group of Chrysler's top suppliers.
Anshan Drops Plan for Indian Steel Plant
07 June 2012 - China’s second-largest steelmaker, Anshan Group, has scrapped a plan to build a steelworks in India because of uncertainties in resource allocations. It is, however, continuing talks for a planned plant in the USA.
