Steel News

Siemens Receives FAC from Outokumpu for Stainless Steel Plant in the USA

17 May 2013 - At the beginning of April, Siemens Metals Technologies received the final acceptance certificate for the stainless steel works owned by Outokumpu Stainless in Calvert, Ala.

ArcelorMittal Ruhrort's RH Facility to Receive New Vacuum Pump from SMS Mevac

17 May 2013 - ArcelorMittal Ruhrort in Duisburg, Germany, has contracted SMS Mevac GmbH to modernize the steam ejector pump system for its existing RH facility (Ruhrstahl-Heraeus process). .

JFE Steel to Launch Steel Pipe Manufacturing and Sales JV in Zhejiang, China

16 May 2013 - JFE Steel announced that it, Kawasaki Kokan Co., Marubeni-Itochu Steel Inc. and Taiwan's largest cold drawn pipe manufacturer Shuan Hwa Industrial Co. signed an agreement to establish a joint-venture company in Zhejiang Province, China.

CSN announces Q1 2013 results

16 May 2013 - Brazilian flat-steel maker Companhia Siderurgica Nacional (SID, CSNA3.BR), or CSN, late Wednesday reported a drop of 82% in its first-quarter net profit, due to the rise of its costs in the period.

ThyssenKrupp Meets Operating Targets in First Half of 2012/2013

15 May 2013 - In the 1st half of the 2012/2013 fiscal year (October 01, 2012 – March 31, 2013) ThyssenKrupp achieved order intake from continuing operations of €19.3 billion, down 7% year-on-year.

Salzgitter's Loss Widens in 1Q, Expects No Significant Improvement

15 May 2013 - Germany-based steelmaker Salzgitter Group has issued its financial results data for the first quarter of the current year, stating that the performance of the company was overshadowed by persistently unfavorable general economic conditions in Europe.

Mike Rehwinkel Elected AISI Chariman

15 May 2013 - The Board of Directors of the American Iron and Steel Institute (AISI) has elected Michael T. Rehwinkel, president and CEO of EVRAZ North America, to serve as chairman of the Institute until May 2014. 

Emirates Steel Develops Apprenticeship Program

14 May 2013 - Emirates Steel, the only integrated steel plant in the UAE, has developed an internationally accredited three-year apprenticeship program that will develop the skills, knowledge and professionalism of UAE nationals.

Tata Steel Writes Down Assets Due to Weakness in Europe

14 May 2013 - Tata Steel expects non-cash write down of the goodwill and assets in the consolidated financial statements for the year ended 31 March 2013 of around US$1.6 billion due primarily to weakness in Europe.

EVRAZ North America Announces New Executive Vice President for Flat Products

14 May 2013 - EVRAZ North America announced the appointment of John Zanieski as executive vice president, Flat Products Group and Recycling.

Timken Acquires Standard Machine, Expanding Its Industrial Services Offering in Canada

14 May 2013 - The Timken Company announced the continued expansion of its industrial services capabilities with the acquisition of the Standard Machine business based in Saskatoon, Saskatchewan, Canada.

AK Steel Announces Company's 2013 Sons and Daughters Scholarship Recipients

13 May 2013 - AK Steel is continuing a longstanding tradition this year by awarding college scholarships to sons and daughters of company employees.  The awards recognize outstanding academic achievement, leadership and community involvement. 

Cambelle-Inland Forms Strategic Alliance with China Gerui Advanced Materials Group

13 May 2013 - China Gerui Advanced Materials, a high-precision, cold rolled steel producer in China, engaged Cambelle-Inland, the China investment vehicle of Craig T. Bouchard to advise it on strategic planning and expansion in North America and around the world.

Essar Steel Launches Specialized Plate Products for Shipping and Logistics Industry

13 May 2013 - Essar Steel announced the launch of high-end branded steel plate products for the shipping and logistics industry.

Jindal Steel Orders X-Melt BOF Converter Shop from SMS Siemag

13 May 2013 - Jindal Steel and Power Ltd. (JSPL), one of India's largest steel producers, has contracted SMS Siemag for the delivery of an X-Melt® BOF converter shop including a secondary metallurgy center and comprehensive environmental technology.

U. S. Steel and Kobe Steel Commission PRO-TEC Coating Continuous Annealing Line

13 May 2013 - The United States Steel Corporation and Kobe Steel, Ltd., of Japan formally commissioned the new continuous annealing line at their joint venture PRO-TEC Coating Company. PRO-TEC will now process some of the strongest and most formable grades of steel in North America