Steel News

New CFO Appointed to Sandvik Group

10 September 2013 - Mats Backman has been appointed executive vice president and CFO of Sandvik and member of the Group Executive Management, effective 1 October 2013.

New Ruukki Ramor 550 Steel Enables Increasingly Lighter Structures

10 September 2013 - Ruukki is expanding its range of Ramor protection steels with a new Ramor 550 grade designed for ballistic protection.

Marubeni-Itochu Acquires U.S. OCTG Distributor Sooner Inc.

09 September 2013 - Marubeni-Itochu Steel Inc. has reached an agreement with Oil States International Inc., that Marubeni-Itochu Tubulars America Inc., a subsidiary of MISI, will acquire 100% of Sooner Inc., a subsidiary of OIS, for approx. US$600 million.

EVRAZ North America and USW Extend Agreement at Pueblo

09 September 2013 - The United Steelworkers (USW) Locals 2102 and 3267, their respective executive boards and EVRAZ North America have approved a three-year extension of the existing collective bargaining agreement for the Pueblo, Colo., facility.

Timken Announces Planned Departure of Executive Vice President; Additional Leaders Named

09 September 2013 - The Timken Company announced that Glenn A. Eisenberg, executive vice president of finance and administration and chief financial officer, plans to leave the company next year when it separates the steel business from its bearings and power transmission (B&PT) business via a spinoff. 

SunCoke Energy Extends Cokemaking Agreement with ArcelorMittal Indiana Harbor

09 September 2013 - SunCoke Energy, Inc. and ArcelorMittal have agreed to a 10-year extension of their existing contract, under which SunCoke provides 1.22 million tons of metallurgical coke annually to ArcelorMittal from its Indiana Harbor cokemaking operation located in East Chicago, Ind.

OMK's Trubodetal Plant Patents Unique Stamping Technology

06 September 2013 - Trubodetal JSC (Chelyabinsk, part of United Metallurgical Company, CJSC OMK) has been issued a patent for a unique technology for stamping T-bends to be used under high pressure.

Baosteel Wins Nine Prizes in Metallurgical Science and Technology Awards 2013

06 September 2013 - Recently, the China Iron & Steel Association and the Awards Committee of Metallurgical Science and Technology Awards of the Chinese Society for Metals officially announced the evaluation and selection results of Metallurgical Science and Technology Awards 2013. Out of a total of 76 award-winning projects, Baosteel won nine awards — the only Grand Prize awarded, two 1st place prizes, four 2nd place prizes, and two 3rd place prizes.

NLMK/Lipetsk University Educational Project Wins State Support in National Contest

06 September 2013 - A joint project from NLMK Group's Novolipetsk and its affiliated university, the Lipetsk State Technical University, has won an open contest organized by the Russian Ministry of Education and Science for a state grant to implement projects aimed at training highly-qualified personnel for companies of the Lipetsk region.

METALLOINVEST Announces Financial Results for First Half of 2013

06 September 2013 - METALLOINVEST announced its results for the first half of the year, saying it was marked by positive changes despite difficult conditions in the industry.

Severstal Russian Steel Implements Investment Program in First Half of 2013

06 September 2013 - The Russian Steel division of OAO Severstal, one of the world’s leading steel and steel-related mining companies, invested approximately 8 billion rubles (approx. US$240 million) in its operations in H1 2013, representing 41% of the division’s planned capital expenditure for 2013 as a whole.

Tata Steel's Lightweight Armor Steel Can Take a Punch

06 September 2013 - Tata Steel has received orders for more than 200 samples of its perforated armor steel, which has been exported to a number of countries worldwide, including Germany, France, the U.S. and India.

Emirates Steel Dispatches First Shipment of Structural Steel to the Americas

05 September 2013 - The first ever 'Made in UAE' shipment of structural steel landed recently in the American and Mexican ports of Huston and Altamira. It represented Emirates Steel's first ever export shipment to the Americas.

Timken Announces Plan to Separate Steel Business Into Independent Company

05 September 2013 - The Timken Company announced that its board of directors has approved a plan to pursue a separation of the company's steel business from its bearings and power transmission business through a spinoff, creating two publicly traded companies.

Nippon Steel and Baosteel Plan Capacity Expansion at Automotive Sheet JV in China

05 September 2013 - Nippon Steel & Sumitomo Metal Corporation (NSSMC) and Baoshan Iron & Steel Co., Ltd. (Baosteel) are planning to construct a fourth hot-dip galvanizing line at their Baosteel-NSC Automotive Steel Sheets Co. (BNA) joint venture in China. Start of operations is planned for 2015.

Plain Dealer: ArcelorMittal Cleveland to Invest $55 Million in Blast Furnace

05 September 2013 - The ArcelorMittal steel mill in Cleveland will invest US$55 million in one of its two blast furnaces, according to Mark Granakis, president of Local 979 of the United Steelworkers, the Cleveland Plain Dealer reports.

ThyssenKrupp Steel Europe to Optimize Management Structure

05 September 2013 - The Supervisory Board of ThyssenKrupp Steel Europe AG has decided to realign the company’s management structure in connection with the optimization program “Best-in-Class Reloaded," under which Steel Europe is making a significant contribution to the profitability and strategic development of the Group as a whole.

OMK's Trubodetal Plant Increases Efficiency of Occupational Training

05 September 2013 - The OLYMP:OKS computer training and control system for developing employees’ professional competence is being put into operation in the training center of Trubodetal JSC (Chelyabinsk, a part of United Metallurgical Company, CJSC OMK).

Arch Coal's Mine Rescue Teams Capture Top Spots in Kentucky Safety Competition

05 September 2013 - Arch Coal, Inc. announced that mine rescue teams from two subsidiaries captured top honors at the 2013 Harlan County Safety Days recently held on the campus of the Southeast Kentucky Community & Technical College in Cumberland, Ky. 

Nucor Names Ray Milchovich Lead Director

04 September 2013 - Nucor Corporation announced that its board of directors appointed Raymond J. Milchovich as lead director effective 5 September 2013. Daniel R. DiMicco will continue to serve as executive chairman of Nucor.