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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Ruukki Revises 2012 Guidance Due to Weak Steel Markets
27 September 2012 - Rautaruukki (Ruukki) has revised its guidance for 2012. Instead of growing about 5% as estimated earlier, net sales are now estimated to remain at the same level as the previous year.
Ruukki Announces Layoffs to Improve Efficiencies, Cut Costs
27 September 2012 - Ruukki Metals is to initiate employer-employee negotiations concerning the efficiency of its operations. The negotiations affect most of Ruukki Metals’ production organization in Finland, which means a total of around 3,500 persons.
Report Says ArcelorMittal Closing French Steel Mill
27 September 2012 - A French minister raced on Thursday to the last blast furnaces in the Lorraine region, once the heart of the nation’s steel industry, after a report that the idled plant would close in a blow to the Socialist government’s fight against unemployment, according to a Reuters report.
Universal Stainless Provides Update on Bookings
27 September 2012 - Universal Stainless & Alloy Products, Inc. reported that based on updated information and continued shifts in customer demand, it now expects its order entry for September to approximate the monthly average of the trailing three months.
Worthington Reports First Quarter Fiscal 2013 Results
26 September 2012 - Worthington Industries, Inc. reported the results of its fiscal 2013 first quarter ended 31 August 2012; its outlook, however, remains uncertain as the economic recovery is lacking momentum, it reported.
New Siemens Wire Rod Mill to Boost Capacity for Chinese Quality Steelmaker
26 September 2012 - Siemens VAI Metals Technologies will supply the Weiyuan Iron & Steel Company, Ltd with a new wire rod mill to expand annual production by 650,000 tons per year.
ArcelorMittal to Boost Productivity Using UCC as a Service From Siemens Enterprise Communications
26 September 2012 - Seeking to consolidate and optimize its worldwide communications infrastructure, ArcelorMittal has chosen Siemens Enterprise Communications to deliver a global Private Cloud Service for Unified Communications and Collaboration (UCC) based on a centralized OpenScape UCC Solution.
ArcelorMittal to Boost Productivity Using UCC as a Service From Siemens Enterprise Communications
26 September 2012 - Seeking to consolidate and optimize its worldwide communications infrastructure, ArcelorMittal has chosen Siemens Enterprise Communications to deliver a global Private Cloud Service for Unified Communications and Collaboration (UCC) based on a centralized OpenScape UCC Solution.
U.S. Steel Europe Opens Milan Office
26 September 2012 - U. S. Steel Europe announced, in line with its new commercial strategy, the opening of a sales office in Milan, Italy. The new sales office will work to identify additional sales opportunities and expand U. S. Steel Europe’s commercial presence in Italy.
Emirates Steel Inaugurates $1.9 Billion Expansion
26 September 2012 - Emirates Steel, the only integrated steel plant in the UAE, has inaugurated the completion of its AED7bn ($1.9bn) phase two expansion program.
Italian Judge Rejects Ilva Steel Mill Clean-Up Plan
26 September 2012 - A judge rejected a plan on Wednesday by steelmaker ILVA to clean up its heavily polluting factory in southern Italy, raising new doubts over the future of Europe’s biggest steelworks, Reuters reports.
Nippon Steel and Sumitomo Metals Announce Expansion Project for Robe River Joint Venture in Western Australia
26 September 2012 - Nippon Steel Corporation and Sumitomo Metal Industries announced they have decided to invest to expand capacity at Cape Lambert by 70 million tons per year. They will also replace existing port facilities which are jointly operated with the Rio Tinto group in the Pilbara region of Western Australia.
Nippon Steel and Sumitomo Metals Announce Expansion Project for Robe River Joint Venture in Western Australia
26 September 2012 - Nippon Steel Corporation and Sumitomo Metal Industries announced they have decided to invest to expand capacity at Cape Lambert by 70 million tons per year. They will also replace existing port facilities which are jointly operated with the Rio Tinto group in the Pilbara region of Western Australia.
NLMK Announces New Candidate for Company President
26 September 2012 - Russia's NLMK announced that its Board of Directors has considered the proposal to nominate Oleg Bagrin, Executive Vice President and a member of NLMK Group’s Board of Directors, as candidate to the position of NLMK President and Chairman of the Management Board.
Dock Wall Collapses Under Cargo Weight at ArcelorMittal Burns Harbor
25 September 2012 - An ArcelorMittal dock wall at the Port of Indiana Burns Harbor was crushed under the weight of cargo off-loaded from a ship there early Tuesday morning, according to the Northwest Indiana Times.
ThyssenKrupp Materials to Build $13 Million Facility in Alabama
25 September 2012 - ThyssenKrupp Materials North America Inc. said it will invest $13 million to build a materials processing and distribution center in Woodstock, Ala., according to a report from the Birmingham News.
SAIL Targets Capital Expenditures of Rs 12,000 Crore During Fiscal Year 2013
25 September 2012 - Notwithstanding the short term dampeners in the Indian and the world economy, SAIL Chairman V.S. Verma expressed confidence in the growth of the Indian steel industry driven by the increased infrastructure investment and higher pace of urbanization.
Sparrows Point Steel Mill Up for Sale — Again
25 September 2012 - Sparrows Point’s new owners are setting a three-month deadline for interested parties to bid on the idled steel mill complex — in whole or in pieces, the Baltimore Sun reports.
ArcelorMittal Dofasco Invests $1.6 Million in Local Organizations
25 September 2012 - ArcelorMittal Dofasco announced the company is investing $1.6 million in 31 community organizations in the region.
Mechel Board of Directors Announces Revised Strategy, Including Divestments
25 September 2012 - Mechel OAO's Board of Directors held a meeting on 21 September 2012, with the agenda including, among other issues, the measures on restructuring the Group's assets in order to improve the company's financial performance and increase its shareholder value, in view of the revised strategy approved in May this year.
