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

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voestalpine Comments on HBI Contract with AHMSA, Says Other Negotiations Underway

21 August 2014 - voestalpine has revealed further details about its HBI supply agreement with AHMSA, and said negotiations with other North Ameican and European companies are currently underway.

ArcelorMittal Sends Second Shipment of Oversize Beams for German Bridge Project

21 August 2014 - This summer sees ArcelorMittal and CFL cargo repeating the feat achieved at the beginning of last year. On 18 August 2014, 14 more jumbo beams were transported by CFL cargo from ArcelorMittal Differdange to Dresden for use in the construction of a railway bridge by German rail company Deutsche Bahn.

Arnold Machine Builds Successful Custom Automation System for Nucor Steel

21 August 2014 - Arnold Machine Inc. (AMI), a premier full-service designer and manufacturer of industrial equipment and services, has built and successfully implemented a new proprietary automation system for custom fence posts for Nucor Steel.

Metalloinvest and Pittini Group Sign HBI Supply Contract

21 August 2014 - Metalloinvest and Italian steel factory Ferriere Nord S.P.A. (part of the Pittini Group) announced the signing of a long-term hot briquetted iron (HBI) supply contract.

AHMSA to Source 400–650,000 Annual Tons of HBI from voestalpine

20 August 2014 - In a statement on the Mexican stock exchange, Altos Hornos de Mexico (AHMSA) revealed further details about its HBI supply agreement with voestalpine.

QuesTek's High Performance Ferrium® M54® Steel Qualified for Navy T-45 Aircraft Hook Shank Production

20 August 2014 - QuesTek’s Ferrium M54 steel has been qualified to be used in a demanding Navy aerospace application (T-45 hook shanks), in part because it showed more than twice the component life as the existing steel.

EVRAZ Stratcor Consolidates North American Sales Activities in Chicago

20 August 2014 - As part of EVRAZ’s long-term plan to consolidate its vanadium-sales activities serving the steel, titanium, and chemical industries, EVRAZ Stratcor has assumed the responsibility for marketing EVRAZ’s ferrovanadium and Nitrovan® vanadium products sold in North America, effective 8 August 2014.

INTECO Supplying Ruspolymet with VAR Plant; Discussing Strategic Partnership

19 August 2014 - In June 2014, Russian special steel producer Ruspolymet assigned INTECO with the engineering and supply of a 6t vacuum arc remelting (VAR) plant.

Artillery Shelling Shuts Down Four Metinvest Group Plants

19 August 2014 - Damage from heavy artillery cut the electricity transmission lines to the cities of Yenakiieve and Khartsyzsk, Ukraine. This led to the full shutdown of production at Yenakiieve Steel, Enakievskiy Koksohimprom and Khartsyzsk Pipe. Avdiivka Coke is still cut off from electricity, Metinvest reports.

Mechel Reports New Management Appointment

19 August 2014 - Mechel OAO reports that Alexey Ivanushkin was appointed first deputy chief executive officer.

JSW Steel to Acquire Welspun Maxsteel Ltd.

18 August 2014 - JSW Steel Limited has entered into a definitive agreement with Welspun Enterprises Ltd. (WEL) to acquire WEL’s shares in Welspun Maxsteel Ltd. (WMSL) for an enterprise value of Rs 1000 crores plus net current assets as of 31 August 2014, subject to regulatory approvals and customary closing conditions.

Insteel Industries Closes on Acquisition of American Spring Wire’s PC Strand Business

18 August 2014 - Insteel Industries Inc. announced that its wholly-owned subsidiary, Insteel Wire Products Company, has completed the acquisition of substantially all of the assets associated with the prestressed concrete strand (PC strand) business of American Spring Wire Corporation (ASW) for a purchase price of approximately US$36.0 million, subject to certain post-closing adjustments.

ArcelorMittal Dofasco Selects Quintiq to Optimize Maintenance Scheduling

18 August 2014 - Quintiq, a global leader in supply chain planning and optimization (SCP&O), announced that ArcelorMittal Dofasco Inc. has selected Quintiq’s software platform to optimize maintenance planning and scheduling at its Hamilton, Ontario, Canada, flat rolled steelmaking facility.

Tata Steel Provides Update on Global Operations in Quarterly Report

18 August 2014 - Tata Steel Group declared its consolidated financial results for the quarter ended 30 June 2014.

Salzgitter Reports Results in Difficult Steel Market

15 August 2014 - The Salzgitter Group closed the first half of 2014 with a significant year-on-year improvement in its pre-tax result approximating breakeven.

Gerdau's Sayreville Mill Earns International Energy Certification

14 August 2014 - The Gerdau Long Steel North America steel mill in Sayreville, N.J., is the first North American steel mill to be awarded ISO 50001 certification, an international distinction that recognizes the mill’s energy management system.

TimkenSteel to Increase Prices on SBQ, Q&T Bar Products

14 August 2014 - TimkenSteel announced a price increase for SBQ products.

Tata Steel Signs Contracts to Supply Pipes to Subsea 7

14 August 2014 - Tata Steel has signed a series of contracts with Subsea 7 — one of the world’s leading contractors in engineering, construction and subsea services to the offshore industry — to supply undersea pipes to four separate North Sea projects.

ArcelorMittal Donates US$700,000 to Bosnia’s Flood Affected Communities

14 August 2014 - Following the catastrophic floods that hit Bosnia and Herzegovina in May this year, ArcelorMittal Zenica, and ArcelorMittal Prijedor have announced they will donate US$350,000 each to the flood-affected local communities, for projects to rebuild the damaged areas as well as landslide prevention.

Russula to Upgrade Automation System at Nucor Steel Utah’s No. 2 Bar Mill

13 August 2014 - Russula will upgrade the automation system and drives for the stacker on Nucor Steel Utah’s No. 2 bar mill in Plymouth, Utah.

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