Steel News

AWMI Announces 2012 International Member of the Year

24 May 2013 - The Association of Women in the Metal Industries is proud to recognize Lauren Kerekes, international treasurer and member of the Columbus Chapter, as the recipient of its 2012 International Member of the Year Award.

ArcelorMittal CEO Meets Romania's Leaders to Voice Energy Price Concerns

24 May 2013 - ArcelorMittal chairman and CEO Lakshmi N. Mittal met the Romanian president and prime minister on a one-day visit to the country last week. Discussions centred on the Romanian steel industry and the challenges facing it — including high energy prices.

MMFX2 Grade 100 High-Strength Rebar Benefits Infrastructure with New Design Specifications

24 May 2013 - MMFX Steel Corp. of America continues to advance infrastructure technology with the newly published 2013 Interim Revisions of the American Association of State Highway and Transportation Officials (AASHTO) Load and Resistance Factor Design (LRFD) Bridge Design Specifications.

Severstal Awarded for Contribution to the Development of Entrepreneurship in Russia

24 May 2013 - ОАО Severstal has been named the winner in the Best Corporate Program for the Development of Social Entrepreneurship category at the Welfare Impulse awards.

AK Steel Announces Price Increase for Carbon Steel Products

23 May 2013 - AK Steel said today that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum ofUS$50 per ton, effective immediately with new orders.   

Severstal to Improve Heavy Plate Quality for South Stream and Power of Siberia Oil and Gas Projects

23 May 2013 - More than 200 million rubles are to be invested into a large-scale project to upgrade the equipment at plate-rolling facility No.3 of Severstal's Cherepovets steel mill.

Tata Steel Reports Consolidated Financial Results

23 May 2013 - As it reported its quarterly earnings results, Tata Steel says severely depressed conditions in Europe are expected to continue over the short-to-medium term and have led to a downward revision of cash flow expectations and the valuation of the Groups’ European operations.

Kentucky Electric Steel Announces $6 Million Capital Improvement Project

23 May 2013 - Kentucky Electric Steel's parent company Optima Specialty Steel has committed US$6 million in capital to provide KES with the ability to produce high-quality round bars with diameters up to 3.75 inches.

Essar Steel Becomes Extra-Wide Plate Manufacturer

23 May 2013 - Essar Steel has joined the ranks of international steel producers who manufacture extra wide plates.

Korean Metallurgist Nominated for 2013 European Inventor Award for Sustainable Steel Production Invention

22 May 2013 - Korean scientist and metallurgist Sanghoon Joo of POSCO, who developed a new energy-efficient, cleaner and faster method of producing steel, has been nominated for the European Inventor Award 2013.

Arch Coal Foundation Awards Scholarships to 16 High School Graduates

22 May 2013 - The Arch Coal Foundation announced that 16 recent high school graduates have been chosen as 2013 Arch Coal Scholars.

Grupo Simec Announces Contract Clarification with U. S. Steel

22 May 2013 - During a 5-year period, Grupo Simec will supply tube rounds to the U.S. Steel Tubular Products Division. The company estimates that the contract will generate sales of approximately US$1.3 billion.

ArcelorMittal Kryvyi Rih Repairs Blast Furnace in Record Time

22 May 2013 - ArcelorMittal Kryvyi Rih, the largest producer of rolled steel in Ukraine, has finished the overhaul of its blast furnace number seven after just 26 days. A total of 17 operations were performed on the blast furnace.

Outokumpu Unveils New Vision, Prodcts and Pricing Model; Comments on Its Strategy Progress

22 May 2013 - At Outokumpu Experience, the company’s global event in London for customers, partners and analysts, Outokumpu launched its latest addition to the duplex product family, the FDX platform, introduced a new pricing model and commented on its strategy progress and the Terni divestment process.

Severstal CEO Awarded for Contribution to Latvian Economic Advancement

22 May 2013 - Alexey Mordashov, CEO of OAO Severstal, has been awarded with the Cross of Recognition, Degree III, which is one of Latvia’s highest honors, in recognition of his contribution to Latvia’s economic development.

Sandvik Materials Technology Appoints New Head of Product Area Tube

22 May 2013 - Sandvik Materials Technology has appointed Michael Andersson as the new head of Product Area Tube.

Evraz Returns to Black as Q1 Sales Rise

22 May 2013 - Evraz Highveld Steel and Vanadium reported a return to profitability as it delivered a first quarter profit after suffering significant losses during the first and fourth quarters of 2012.

Baosteel Profit Up 33% to RMB 1.6 Billion in Q1

22 May 2013 - Shanghai Baoshan Iron and Steel Co. (Baosteel) reported a net profit of RMB 1.628 billion (US$262.15 million) for Q1 2013, up 33.3% from a year earlier.

Universal Stainless Achieves Nadcap Heat Treat Accreditation for Bridgeville Facility

21 May 2013 - Universal Stainless & Alloy Products, Inc. has achieved Nadcap Heat Treat accreditation at its Bridgeville, Pa., facility.

Gerdau Expands in Knoxville, Adds 40 New Jobs

21 May 2013 - On Monday, state officials joined representatives from Gerdau to announce they were adding a facility in the WestBridge BusinessPark where workers will take steel rebar manufactured at the current Lonsdale mill and apply finishing services for original equipment manufacturers. The new facility will create approximately 40 new jobs.