Steel News

SunCoke Energy Partners Completes Lakeshore Coal Handling Acquisition

03 September 2013 - SunCoke Energy Partners, L.P. (SXCP) completed its acquisition of Lakeshore Coal Handling Corp. on 30 August 2013. SXCP purchased Lakeshore from privately held Beemsterboer Corporation for an all cash price of US$28.6 million.

Reuters: U. S. Steel's Locked-Out Canadian Workers Vote to Accept Contract

03 September 2013 - Workers locked out at U.S. Steel’s Lake Erie works in Canada have voted to accept a contract offer, according to results posted on their union's website late on Friday, Reuters reports.

316 New Apprentices Taken on At ThyssenKrupp Steel Europe

03 September 2013 - The new apprenticeship year at ThyssenKrupp Steel Europe AG has begun. As of 1 September the company has taken on a total of 316 apprentices in 21 different occupations — 270 young men and 46 young women.

Outokumpu Stainless Steel Efficiently Removes SO2 Emissions at Power Plant

03 September 2013 - Outokumpu has delivered austenitic 4565 stainless steel grade and quarto plates to a power plant in Boxberg, Saxony, Germany. The plant is being constructed by Babcock Noell GmbH and its subcontractor Heinz Gothe GmbH & Co. KG.

Paolo Rocca Announces US$225 Million in Investments for Ternium Plant in Guerrero, Mexico

02 September 2013 - Paolo Rocca has announced investments of US$225 million in safety and environmental areas for its Ternium plant in Guerrero, Mexico.

Platts: Russia's Severstal Opts Out of Two Iron Projects to Cut Capex

02 September 2013 - Russian steel and mining group Severstal has withdrawn from further participation in Amapa, its iron ore mining joint venture in northern Brazil with SPG Mineracao, and an iron plant project in North America to cut capital expenditure, chief financial officer Alexei Kulichenko, told a press conference Thursday, Platts reports.

SAIL Bhilai Wins Award for India's Best Integrated Steel Plant for the 11th Time

30 August 2013 - The Bhilai Steel Plant (BSP), a unit of Steel Authority of India Limited (SAIL), has been adjudged the winner of the much coveted Prime Minister’s Trophy for Best Integrated Steel Plant in the country for assessment year 2011–12.

ArcelorMittal FCE Supplies 140,000 Tonnes of Steel for Drink Cans

30 August 2013 - This year, ArcelorMittal Flat Carbon Europe (FCE) will supply an estimated 140,000 tonnes of drawn and wall iron (DWI) steels to beverage can producers across the globe.

General Steel Optimistic on Second Half as It Reports Second Quarter Results

30 August 2013 - General Steel Holdings, Inc., a leading non-state-owned steel producer in China, announced financial results for the second quarter noting that it is encouraged to see an improvement in the pricing trend of steel in China and is optimistic about its ability to enhance profitability in the second half of 2013.

Cliffs Natural Resources and USW Reach New Labor Agreement for Bloom Lake Mine

30 August 2013 - Cliffs Natural Resources Inc. announced that the United Steelworkers Union local membership have ratified a three-year labor contract agreement for its Bloom Lake Mine in Fermont, Quebec.

Worthington Signs Agreement with WISCO for Majority Owernship of TWB

29 August 2013 - In late July 2013, Worthington Industries announced that it closed on an agreement with Wuhan Iron and Steel Company (WISCO) to become the majority member in Tailor Welded Blanks (TWB), its laser welded blanking joint venture.

Mitsubishi-Hitachi Metals Machinery to Supply Tandem Cold Mill to Baosteel

29 August 2013 - Mitsubishi-Hitachi Metals Machinery, Inc. and Mitsubishi Corp. jointly received an order for a tandem cold mill from China's Baosteel.

Danieli Automation to Supply Arvedi with 3 Q-Robot ZINC Systems

29 August 2013 - To reduce the need for manual labor and increase zinc yield, Arvedi has chosen Danieli Automation’s Q-Robot ZINC system for hot-dip galvanizing lines on the strength of its well-established reputation among dross removal systems and decided to order 3 new systems for its plants in Cremona, Italy.

Esmark Announces Management Changes; Delays Restart of Ohio Mill Operations

29 August 2013 - Esmark Inc. announced management changes for its Esmark Steel Group subsidiary to better serve its diverse customer base and streamline service center and mill operations in Chicago and Ohio, respectively. As part of the management realignment, Esmark Inc. chairman and CEO James P. Bouchard will reassume CEO duties of Esmark Steel Group.

China Gerui Advanced Materials Reports Results, Offers Outlook

28 August 2013 - China Gerui Advanced Materials Group Limited, a leading high-precision cold rolled steel producer in China, announced its unaudited financial results for the three months ended 30 June 2013.

Cliffs Natural Resources Reports on Sustainability Progress

28 August 2013 - Cliffs Natural Resources Inc. announced the release of its 2012 sustainability report, entitled "Embracing our Past, Securing our Future." The sustainability report is a comprehensive look at Cliffs' global operations and outlines the company's progress in key areas of its sustainability strategy.