Steel News

Kobe Steel to Reline No. 3 Blast Furnace at Kakogawa Works

20 May 2014 - Kobe Steel, Ltd. plans to reline the No. 3 blast furnace at its Kakogawa Works in western Japan.

U.S. Charges Chinese Hackers for Cyber Espionage Against U.S. Corporations, Labor Organization

20 May 2014 - A grand jury in the Western District of Pennsylvania (WDPA) indicted five Chinese military hackers for computer hacking, economic espionage and other offenses directed at six American victims in the U.S. nuclear power, metals and solar products industries, including U. S. Steel, Allegheny Technologies Inc., and the United Steelworkers union.

ArcelorMittal’s Robrecht Himpe Addresses European Steel Day as New EUROFER President

20 May 2014 - Robrecht Himpe, executive vice president at ArcelorMittal Europe, addressed hundreds of delegates on 15 May 2014 at European Steel Day — as the new president of EUROFER, the European Steel Association.

voestalpine On Track for Expansion with New Plant in China

19 May 2014 - The voestalpine Group’s 22nd production site in China was officially opened on 14 May 2014.

AK Steel Applauds Preliminary Ruling in Trade Case vs. Electrical Steel

19 May 2014 - AK Steel said that the U.S. Department of Commerce has announced its preliminary determinations that imports of non-oriented electrical steel (NOES) from China, Germany, Japan, South Korea, Sweden and Taiwan are being sold at less than fair value (dumped) in the U.S.

SMA Presents Achievement in Advocacy Award to Steel Dynamics VP

16 May 2014 - The Steel Manufacturers Association (SMA) presented its James F. Collins Achievement in Advocacy Award to John Nolan, vice president of product development for Steel Dynamics, during SMA’s Annual Members Conference at the Renaissance Mayflower Hotel in Washington, D.C.

Metinvest Steelworkers Start Patrolling Mariupol’s Streets with Police

16 May 2014 - Metinvest steelworkers began patrolling the streets of Mariupol, Ukraine, with local law enforcement officers on 11 May after training in district police stations.

SunCoke Energy Updates 2014 Guidance, Receives Permit to Build New Facility in Kentucky

15 May 2014 - On 9 May 2014, SunCoke Energy Inc. (SXC) closed on its dropdown agreement with SunCoke Energy Partners L.P. (SXCP) to contribute a 33% interest in each of the Haverhill and Middletown cokemaking facilities for total consideration of US$365 million.

Timken Announces Management and Board Changes

15 May 2014 - The Timken Co. announced that the Board of Directors has named Richard G. Kyle as president and chief executive officer of the company, effective immediately.

SSAB and Hexicon In Agreement to Develop Floating Platforms for Wind Power

15 May 2014 - SSAB is entering into an agreement with Hexicon AB to develop far off shore platforms.

ArcelorMittal Upgrades Forecast for European Steel Demand in 2014

15 May 2014 - ArcelorMittal Europe announced results for the first quarter of 2014, recording an operating profit of €58 million.

Severstal Responds to Speculation of Sale of Severstal North America

14 May 2014 - Severstal released a statement on media speculation that the company is looking to divest its U.S. operations in Dearborn, Mich., and Columbus, Miss.

SMA Presents Annual Awards for Safety, Environmental Stewardship, Innovation and Community Involvement

14 May 2014 - The Steel Manufacturers Association (SMA) presented its annual awards for 2014, recognizing the safety, environmental stewardship, innovation and community involvement efforts of the minimill steel industry.

TMEIC Completes Modernization of China Steel’s Hot Strip Mill No. 1

14 May 2014 - TMEIC has just completed the modernization of the No. 1 hot strip mill at China Steel Corp. in Kaohsiung, Taiwan.

Baosteel Orders PQSC Piercer Plugs from SMS Meer

14 May 2014 - Baosteel, based in Shanghai, China, has ordered PQSC® piercer plugs from SMS Meer.

ArcelorMittal’s Improving Quarterly Results Reflect Recovering Steel Markets

14 May 2014 - ArcelorMittal, the world’s leading integrated steel and mining company, announced results for the three month period ended 31 March 2014.

AK Steel Employee Receives Award For Technical Research Paper

14 May 2014 - An AK Steel employees has been recognized by the American Iron and Steel Institute (AISI) for distinguished research.

GE Enables WISCO to Build Steel Plant of the Future to Meet China’s Growing Auto Demand

13 May 2014 - Faced with increasing market demand for high-quality steel for the domestic car industry, China’s Wuhan Iron Steel Group (WISCO) has turned to GE’s Power Conversion business to support, design, supply and commission electrical and automation equipment for the continuous annealing line of the new Fangchenggang site in Guangxi Province, China.

Johnstown Wire Technologies Acquired by Private Investment Firm

13 May 2014 - Aterian Investment Partners, a private equity firm, announced that one of its affiliates has acquired Johnstown Wire Technologies Inc.

Mexican, Indian Companies Partner to Develop Micro-Mills for Long Product Production in Americas

13 May 2014 - Mexico's PMP Grupo (Planeación, Mantenimiento y Proyectos) and India’s Preet Machines Limited have formed a commercial alliance to boost the construction of micro-mills for the recycling and transformation of scrap iron in the USA, Mexico and Canada, as well as other countries in Latin America.