Steel News

Metinvest to Upgrade Azovstal's Blast Furnace No. 4

29 October 2013 - Metinvest Group will invest over US$ 92 million to upgrade Azovstal’s blast furnace No. 4. The work will increase the furnace’s annual output by 25% to 1.1 million tons of iron.

SunCoke Energy Reports Third Quarter 2013 Results

29 October 2013 - SunCoke Energy, Inc. reported third quarter 2013 net income attributable to shareholders of US$6.2 million, or US$0.09 per diluted share, down from net income attributable to shareholders of US$31.6 million, or US$0.45 per diluted share in third quarter 2012.

voestalpine Commences Operations at Visionary Cold Rolling Center in Kematen

28 October 2013 - The voestalpine Group is opening one of the world’s most modern cold rolling centers for the production of high quality strip steel in Kematen an der Ybbs in Lower Austria.

Converter Successfully Revamped by SMS Siemag at ArcelorMittal Gent

28 October 2013 - ArcelorMittal Gent in Belgium successfully commissioned the converter modernized by SMS Siemag according to schedule.

Cliffs Natural Resources Names New President and Chief Operating Officer

28 October 2013 - Cliffs Natural Resources Inc. has appointed Gary B. Halverson, 55, formerly interim chief operating officer of Barrick Gold Corporation Inc., to the newly created position of president and chief operating officer, effective 18 November 2013.

Universal Stainless Reports Preliminary Third Quarter 2013 Results

28 October 2013 - Universal Stainless & Alloy Products, Inc. said that, based on preliminary results, it expects net sales for the third quarter of 2013 to approximate US$48 million.

SSAB Reports on Third Quarter 2013 Results

28 October 2013 - SSAB said global demand for steel during the third quarter was on the same level as during the second quarter, and SSAB's shipments were unchanged compared with the previous quarter.

NLMK's Stoilensky Improves System of Handling and Storing Iron Ore Waste

28 October 2013 - Stoilensky, NLMK Group’s iron ore producer, is going ahead with production testing the first stage of its thickening unit at the tailings department as part of the plant’s program aimed at enhancing the efficiency of its existing infrastructure.

Metalloinvest Confirms High Quality of Its Steel Products

28 October 2013 - Ural Steel (part of Metalloinvest) has successfully passed the audit of its steel products for compliance with European standards.

Yenakiieve Steel Installs New Blast Air Turbine-Compressor Unit

25 October 2013 - Metinvest Group’s Yenakiieve Steel installed a new turbine and compressor unit to provide additional blast air to the plant’s blast furnaces last week.

Interpipe Announces Start of Steel Billet Sales

25 October 2013 - Ukraine’s Interpipe Co. announced the launch of sales of steel billets which are produced by Interpipe Steel’s electric steel-melting complex.

Severstal Reports Q3 and 9M 2013 Operational Results

25 October 2013 - OAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announced its operational results for the third quarter of 2013 and first nine months of 2013.

Severstal North America Steps Up Sustainable Sourcing Practices

24 October 2013 - Severstal North America recently joined two of the most renowned sustainability organizations in operations and sourcing, the United Nations Global Compact (UNGC) and the Conflict-Free Sourcing Initiative (CFSI).

Siemens Modernizes Cooling Section of Hot Rolling Mill No. 2 at Wisco

24 October 2013 - Siemens Metals Technologies has won an order to modernize the cooling section in the hot rolling mill No. 2 of Wuhan Iron & Steel Co. Ltd. (Wisco) in the Chinese city of Wuhan.

Tata Steel Launches Long-Length Wear-Resistant Rail for the World Market

24 October 2013 - Tata Steel has launched a new state-of-the-art facility which will produce train track capable of lasting up to three times longer than standard rail.

Timken Reports Third Quarter Results; Updates Outlook

24 October 2013 - The Timken Company reported third-quarter 2013 sales of US$1.1 billion. Sales decreased 7% when compared with the same period a year ago, primarily due to weaker demand from the company's broad end markets, partially offset by acquisitions.