Steel News

EVRAZ Caspian Steel Launches Mass Production

09 July 2014 - EVRAZ plc announced the start of mass production at its rolling mill EVRAZ Caspian Steel in Kostanay, Kazakhstan.

Lincoln Electric Licenses NanoSteel's Weld Overlay and Thermal Spray Technologies

09 July 2014 - Lincoln Electric and The NanoSteel® Co. announced that Lincoln Electric has been granted an exclusive worldwide license to NanoSteel's proprietary steel coatings technology for weld overlay and thermal spray applications.

JP Steel Plantech to Supply China Steel with Cold Leveler and Pre-Leveler

09 July 2014 - JP Steel Plantech Co. (SPCO) has received orders from China Steel Corp. Group (CSC) in Taiwan for one cold leveler and one pre-leveler to carry out CSC’s plate mill improvement plans to produce direct quenching plates.

Timken Investing US$22 Million in New Selling Support Infrastructure

09 July 2014 - The Timken Co. is investing US$22 million in new customer and sales management tools, designed to improve the customer experience through increased sales force effectiveness.

Audit Confirms NLMK Quality Management Systems Meet International Standards

09 July 2014 - An annual audit by the British Standards Institution has confirmed that NLMK Lipetsk production site management systems comply with international standards.

IAM Members Ratify New Labor Agreement For AK Steel's Middletown Works

09 July 2014 - AK Steel said that members of the International Association of Machinists and Aerospace Workers (IAM) Local 1943 have ratified a new 42-month labor agreement covering about 1,700 hourly production and maintenance employees at the company’s Middletown (OH) Works.

AHMSA Orders RH Plant from Siemens

08 July 2014 - Siemens Metals Technologies has won an order from Mexican steel producer Altos Hornos de Mexico, S.A.B. de C.V. (AHMSA) to supply a 150-ton, twin RH vacuum degassing plant with mechanical vacuum pumps for its converter steelworks No. 2 in Monclova.

ThyssenKrupp Steel Europe Modernizing Converter Plant, Waste Heat Boiler in Duisburg-Bruckhausen

08 July 2014 - ThyssenKrupp Steel Europe is modernizing its No. 2 converter and associated waste-heat boiler system in the Duisburg-Bruckhausen, Germany, steelmaking plant, one of the biggest in Europe.

Universal Stainless Promotes Christopher Zimmer to Executive VP and CCO

08 July 2014 - Universal Stainless & Alloy Products Inc. announced that Christopher M. Zimmer has been named executive vice president and chief commercial officer of the company.

AK Steel Announces Stainless Steel Price Increase

08 July 2014 - AK Steel said on 24 June 2014 that it will increase base prices for all of its stainless steel products, effective with shipments on 6 July 2014.

ArcelorMittal SA to Install Two Heat Exchangers for HVAC Industry

01 July 2014 - ArcelorMittal SA (ArcelorMittal) announced that a Company plant in Trevoux in Rhone-Alpes, France, will install two innovative production tools to produce customized heat exchangers for the heating, ventilation, and air conditioning (HVAC) industry.

TimkenSteel Corporation Debuts as a Public Company Following Spinoff

01 July 2014 - TimkenSteel Corporation (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced the completion of its spinoff from The Timken Company.

Grupo Sarralle Will Install Complete Steel Mill for Siderùrgica Latino-Americana (Silat) in Brazil

30 June 2014 - Once in operation, the Greenfield project will allow for the production of 700,000 tpy of finished product (namely rebar, wire rod and mesh).

Mechel Announces Results of Its Annual General Shareholders' Meeting

30 June 2014 - Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces that its Annual General Shareholders' Meeting was held today.

Siemens and Baosteel Cooperate in Slag Granulation Solutions

30 June 2014 - Siemens Metals Technologies and Baosteel Engineering & Technology Group Co. Ltd., a subsidiary of the Baosteel group, will be cooperating in future in the granulation of slag produced in BOF converters and electric arc furnaces.

German Automotive Industry Benefits From New Slitter For Advanced and Ultra High-Strength Steels

27 June 2014 - Europe’s second largest steel producer, Tata Steel, has further strengthened its commitment to the automotive industry with the unveiling of its new slitting line to process advanced and ultra high-strength steels.

Commercial Metals Company Announces Entrance Into Fourth Amended and Restated Credit Agreement

27 June 2014 - Commercial Metals Company (NYSE: CMC) today announced financial results for its third quarter ended May 31, 2014. Net earnings attributable to CMC for the third quarter were $23.6 million, or $0.20 per diluted share, on net sales of $1.8 billion.

General Steel Estimates Earnings per Share of $0.08 to $0.12 for the Second Half of 2014

27 June 2014 - General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, today announced that the Company is confident in its business turnaround and currently estimates earnings per share ("EPS") of $0.08 to $0.12 for the second half of 2014.

Schnitzer Reports Third Quarter 2014 Financial Results

26 June 2014 - Schnitzer Steel Industries, Inc. (Nasdaq:SCHN) today reported adjusted earnings per share of $0.16 and earnings per share of $0.12 for its fiscal 2014 third quarter ended May 31, 2014.

Gerdau Steel Appoints New Managing Director

26 June 2014 - Gerdau Steel India Ltd has appointed Sridhar Krishnamoorthy as Managing Director with immediate effect.