Steel News

United States Steel Corporation Names Nancy Sykes Vice President - Human Resources

15 May 2015 - United States Steel Corporation President and Chief Executive Officer Mario Longhi today announced that Nancy Sykes has been named vice president - human resources.

Tata Steel Takes Next Step Towards Creation of New Research and Development Base

15 May 2015 - Scientists developing stronger and lighter steels to meet the demands of the 21st century will have access to the latest research facilities thanks to a deal between Tata Steel and the University of Warwick.

POSCO Investor Relations Meeting Announces Increase in Rate of Business Profit for the First Quarter

15 May 2015 - POSCO held an Investor Relations meeting on 21 April, where it announced that it had recorded 15.1 trillion won in sales revenue and 731 billion won in business profit on a consolidated basis for the first quarter.

Larry J. Pollock Joins Universal Stainless in New Position of Executive Vice President, Chief Manufacturing Officer

13 May 2015 - Universal Stainless & Alloy Products, Inc. announced today that Larry J. Pollock has been named Executive Vice President, Chief Manufacturing Officer of the Company.

CSN Announces 1Q15 results

12 May 2015 - CSN – Companhia Siderurgica Nacional announced its results for the first quarter of 2015 (1Q15).

TimkenSteel Holds Annual Meeting of Shareholders; Declares Fourth Consecutive Quarterly Dividend

12 May 2015 - TimkenSteel, a leader in customized alloy steel products and services, today held its first annual meeting of shareholders, where shareholders elected three board members to three-year terms: Joseph A. Carrabba, retired chairman, president and CEO of Cliffs Natural Resources, Inc.; Phillip R. Cox, president and CEO of Cox Financial Corp.; and John P. Reilly, retired chairman, president and CEO of Figgie International.

ArcelorMittal Reports Results for the First Quarter of 2015

11 May 2015 - ArcelorMittal, the world’s leading integrated steel and mining company, announced results for the three-month period ended March 31, 2015.

ArcelorMittal Europe Reports Operating Profit of €281 Million for Q1 2015

11 May 2015 - ArcelorMittal, the world’s leading integrated steel and mining company, announced results for the three-month period ended March 31, 2015.

TimkenSteel Produces Blooms on “Jumbo” Caster Designed by SMS group for Wide Range of Steel Grades

11 May 2015 - TimkenSteel has successfully commissioned its vertical continuous caster in Canton, Ohio, U.S.A. The first heat was successfully cast in 2014. TimkenSteel is presently ramping up production to full capacity.

New York’s 3 World Trade Center Chooses Outokumpu Stainless Steel for Its Facade

08 May 2015 - The Finnish stainless steel manufacturer Outokumpu will deliver the façade material for the prestigious World Trade Center’s third tower in New York City, USA. Once complete, the tower, known as 3 World Trade Center (3WTC), will be a unique addition to the New York skyline with its distinctive and appealing Linen look.

Magnetation LLC Reaches Agreement with Noteholders to Restructure Balance Sheet and Provide New Financing

08 May 2015 - - Secures $135 Million in Debtor-In-Possession Financing to Implement Financial Restructuring as Part of Chapter 11 Reorganization Filing - Operations and Customer Shipments to Continue Uninterrupted

Co-Operation Agreement Signed Between Paul Wurth and China Steel Corp.

08 May 2015 - On 8 April 2015, Paul Wurth S.A. and the Taiwan-based steelmaker China Steel Corporation (CSC) signed a Co-operation Agreement in the field of upcoming ironmaking plant construction projects in the Southeast Asian region, including material handling, sinter plants, blast furnaces and direct reduction plants.

New Coal-Injection Plant for Salzgitter Flachstahl GmbH

07 May 2015 - Salzgitter Flachstahl GmbH (SZFG) has invested in a new major plant within the metallurgy area, namely the coal-injection system for the A and B blast furnaces. This plant has now commenced operation and is already reducing the costs for pig iron production.

AK Steel's Coshocton Works Recognized For Outstanding Safety Performance

07 May 2015 - AK Steel's Coshocton (Ohio) Works has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene. The recognition is part of a collaborative safety awareness program established by the Coshocton County Safety Council and Chamber of Commerce.

ArcelorMittal Launches S390 EK, a Green, Cost-Effective Solution for Silos and Tanks

06 May 2015 - ArcelorMittal has launched its new high-strength steel grade S390 EK, an innovative, competitive and environmentally friendly solution for the manufacture of silos and tanks. Unlike any other product currently on the market, S390 EK includes two-side enamelling to avoid fish-scaling, thus eliminating the need for specific surface treatments or doped ground enamel, while demonstrating high mechanical properties after enamel firing to withstand load pressure in the silo.

Schnitzer Board Announces a New Independent Director

06 May 2015 - On 29 April 2015, Schnitzer Steel Industries, Inc. announced the election of Michael W. Sutherlin to its Board of Directors.

Grupo Simec Announces Results of Operations for the First Quarter of 2015, Ended March 31, 2015

06 May 2015 - Grupo Simec, S.A.B. de C.V. announced its results of operations for the three-month period ended March 31, 2015.

TimkenSteel Corporation Announces First-Quarter 2015 Results; Reports Earnings Per Share of $0.15

05 May 2015 - - Net sales of $388.7 million is flat to prior-year quarter. - Reported earnings per share of $0.15, a 76.1 percent decrease over adjusted(1) prior-year quarter. - Paid quarterly dividend of $0.14 per share. - Opened advanced technology center in Canton, Ohio.

ARCEO launches a 60 million EUR investment in Belgium with a breakthrough coating technology

05 May 2015 - ARCEO, a joint venture from ArcelorMittal and Sogepa (Société de Gestion et de Participations) is investing 60 million EUR in the construction of an innovative coating line at Kessales (Liège) in Belgium.

Outokumpu: Jan Hofmann Appointed President, APAC and Member of ohe Outokumpu Leadership Team

05 May 2015 - Jan Hofmann has been appointed President of the APAC business area and member of the Outokumpu Leadership Team effective 29 April 2015.