Steel News

JP Steel Plantech to Supply New SBQ Mill to Jatim Taman Steel

09 March 2015 - Jatim Taman Steel has placed an order with JP Steel Plantech Co for a new SBQ mill to produce special round bar and flat bar.

EVRAZ North America Sells Structural Tubing Business

06 March 2015 - EVRAZ plc announced that its North American subsidiary EVRAZ North America (ENA) has signed an agreement with Maruichi Oregon Steel Tube LLC to sell ENA’s structural tubing business (formerly known as Columbia Structural Steel) in Portland, Ore., for approximately US$51 million in cash, including approximately US$8.5 million of proceeds from the sale of inventories.

TimkenSteel and SMS Meer Develop Advanced Q&T Facility

06 March 2015 - TimkenSteel has placed an order with SMS Meer for the design, construction and installation of a complete new heat treatment plant for the company’s Gambrinus complex in Canton, Ohio, USA.

Rizhao Produces First Coil on Arvedi ESP Plant from Primetals Technologies

06 March 2015 - In February, Chinese steel producer Rizhao Steel Group Co. Ltd. rolled the first coil on the ArvediESP (Endless Strip Production) plant No. 1 supplied by Primetals Technologies.

Metinvest-SMC Opens New Warehouse in Ukraine

06 March 2015 - Metinvest-SMC, Metinvest Group's wholesale and retail sales channel in Ukraine, opened a new warehouse to hold a buffer stock of pipe products and a retail metal center.

ArcelorMittal Kryvyi Rih Supplies Rebar for New Volkswagen Dealer in Ukraine

06 March 2015 - ArcelorMittal Kryvyi Rih has supplied more than 700 tons of 8-28mm rebar for the construction of a new, flagship Volkswagen car showroom, Volkswagen Center Kryvyi Rih, which opened in Kryvyi Rih, Ukraine, in February 2015.

Esmark Reaffirms Continued Interest in Železara Smederevo Steel Works

05 March 2015 - Esmark Inc. Chairman and Chief Executive Officer James P. Bouchard announced that, despite the recent efforts to reach a definitive agreement with the Republic of Serbia for the restructuring and revitalization of the Železara Smederevo Steel Works, Esmark continues to believe its comprehensive business plan and world-class management team provide the best possible future for the mill.

Metinvest Resumes HDG Production at Ilyich Works

05 March 2015 - Hot-dip galvanized (HDG) production at Ilyich Iron & Steel Works of Mariupol, Ukraine, which had been idled since January, will start on 5 March 2015.

Allegheny Technologies Elects New Director

05 March 2015 - Allegheny Technologies Incorporated announced that David J. Morehouse has been elected to the ATI Board of Directors. His election increases the number of directors to eleven.

NLMK Group Funding for Social Programs Up 14% in 2014

05 March 2015 - NLMK Group increased funding for social programs in 2014 by 14% to 2.9 billion rubles.

MMK Increases Steel Shipments to Shipbuilders

04 March 2015 - Russia's OJSC Magnitogorsk Iron and Steel Works (MMK) supplied 78,000 metric tons of metal products to shipbuilders in 2014, which represents a 37.2% growth y-o-y.

Alpha Natural Resources Subsidiaries Downsizing West Virginia Mining Operations

03 March 2015 - Two operating affiliates of Alpha Natural Resources Inc. have notified their employees that certain West Virginia coal mines are being idled due to sustained weak market conditions and federal government regulations that have challenged the entire Central Appalachian mining industry.

Gerdau’s New Structural Steel Mill in Mexico Starting Up Operations

02 March 2015 - With the start of steel production scheduled for the first quarter of 2015, the melt shop of Gerdau's new steel mill in Mexico is in its final testing period.

Insteel Industries Announces Consolidation of PC Strand Facilities

02 March 2015 - Insteel Industries Inc. will be closing its prestressed concrete strand (PC strand) facility in Newnan, Ga., and moving the manufacturing to its other three PC strand production facilities located in Gallatin, Tenn.; Houston, Texas; and Sanderson, Fla. The Newnan facility was acquired from American Spring Wire Corporation in August 2014.

ArcelorMittal USA Idling Indiana Harbor Long Carbon Facility

27 February 2015 - ArcelorMittal will idle its Indiana Harbor Long Carbon (IHLC) facility beginning with the electric arc furnace on 1 March 2015, followed by the rolling mill operation in Q2 2015, pending customer requirements.

NLMK Generates Significant Savings through PCI Implementation at Novolipetsk

26 February 2015 - Russia’s NLMK Group made a saving of 425 million rubles in 2014 through the use of pulverized coal injection (PCI) technology at two blast furnaces at its Novolipetsk production site in Lipetsk.

U. S. Steel Names Vice President and Controller

26 February 2015 - United States Steel Corporation announced the promotion of Colleen M. Darragh to the position of vice president and controller, effective immediately.

MMK Increases Production and Shipments of Automotive Sheet

26 February 2015 - OJSC Magnitogorsk Iron and Steel Works (MMK) increased 2014 shipments of metal products to automotive producers by 18% y-o-y to 415,000 tonnes from 353,000s tonnes in 2013.

Essar Steel Algoma Files Counter Claim Against Cliffs

26 February 2015 - Essar Steel Algoma Inc. (ESAI) has filed counter-claims against its iron ore supplier for damages in excess of US$164 million arising out the parties’ relationship, including a claim for certain outstanding credit payments owed by Cliffs.

MTAG Switzerland to Deliver Vacuum Degassing Installation to ArcelorMittal Hunedoara

25 February 2015 - MTAG Switzerland has signed a contract to supply a 100-metric-ton turnkey vacuum degassing installation with a dry mechanical pumping system to Romanian long product producer ArcelorMittal Hunedoara.