Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
AK Steel Announces Price Increase For Carbon Steel Products
27 July 2012 - AK Steel said it will increase current spot market base prices for all carbon flat-rolled steel products by $40 per ton, effective immediately with new orders.
The David J. Joseph Company Announces Organizational Changes
27 July 2012 - The David J. Joseph Company (DJJ), a Cincinnati-based global scrap broker, recycler and logistics provider, recently announced several organizational changes which will take place over the next 30 days.
NanoSteel Appoints New Chief Marketing Officer
27 July 2012 - The NanoSteel® Company, a leader in nano-structured steel materials design, announced that Ms. Ellen W. Bossert has been named chief marketing officer; she will lead the company’s worldwide marketing strategy and manage the evolution of the NanoSteel brand into new industry segments and applications.
Severstal to Produce New Pipes for Gazprom
26 July 2012 - Severstal's Izhora Pipe Mill, which specializes in large diameter pipes production using strip produced by Severstal's Cherepovets Steel Mill, and Gazprom have signed a long-term scientific and technical cooperation agreement.
Weak Orders Cause ThyssenKrupp Steel Europe to Implement Short-Time Working
26 July 2012 - Against the background of continuing weak orders at ThyssenKrupp Steel Europe, short-time working is being introduced beginning in August, affecting approximately 2,170 employees.
Timken Reports Second Quarter Results; Revises Full-Year Outlook
26 July 2012 - The Timken Company reported its results for the second quarter of 2012; its steel segment sales were slightly lower than last year as increased pricing and a favorable mix were offset by lower shipments.
SSAB Reports Lower Sales and Profit as Global Economic Growth Slows
26 July 2012 - SSAB says economic uncertainty in Europe, slowing growth in China, and a weakening U.S. economic recovery combined to dampen steel demand during the second quarter of this year.
NLMK Commissions First Blast Furnace Built in Russia in 25 Years
26 July 2012 - NLMK, a global steelmaking company, announced the successful completion of guarantee tests and the subsequent commissioning of its new 3.4 million tonnes per year blast furnace #7.
Armenian Steel Producer Orders Compact Continuous Billet Casting Plant from Siemens
26 July 2012 - Siemens VAI Metals Technologies has received an order from ASCE Group OJSC to deliver a continuous billet casting plant for its Charentsavan location. Thus, the Armenian steel producer is the first company to operate a compact and cost-efficient continuous billet casting plant for carbon steels that complies with the new plant design presented by Siemens in 2011.
SSC Completes Construction of New Coil Center in Japan
26 July 2012 - SSC Co., Ltd. held an inauguration ceremony for its new coil center in the Tohoku region of Japan on 24 July 2012.
Tata Steel Begins Work on £240m Investment in Wales
26 July 2012 - On 26 July, Tata Steel marked the launch of a £240 million investment at its Port Talbot works in South Wales by calling on government at all levels in the UK to take urgent and immediate action to create growth and remove obstacles for recovery in the manufacturing economy.
Acerinox Reports Results for the First Half of 2012
25 July 2012 - Spanish stainless steel producer Acerinox reported its results for the first half of 2012, noting the strength of the North American market and strong performance of North American Stainless has enabled it to post healthy results despite the weak European market and tense prices in the Asian markets.
Russula Completes Two Projects for Nucor Steel Jackson
25 July 2012 - Russula has successfully completed two projects for the Nucor Steel rolling mill in Jackson, Miss.
Tata Steel to Invest €12 Million in French Steel Mill to Make Longer Premium Rails
25 July 2012 - Tata Steel has announced it will invest more than €12 million in new technology so it can produce longer wear-resistant rails at its French steel mill.
ArcelorMittal Announces Sale of Its Stake in Paul Wurth Group to SMS
25 July 2012 - ArcelorMittal announced the sale of its 48.1% stake in Paul Wurth Group to SMS GmbH for €300 million.
Allegheny Technologies Announces Second Quarter 2012 Results
25 July 2012 - Allegheny Technologies Inc. reported second quarter 2012 results similiar to those achieved in the first quarter in spite of a weakening global economy.
ArcelorMittal Reports Second Quarter and First Half 2012 Results
25 July 2012 - ArcelorMittal, the world's largest steel company, announced its earnings and operating results for the "challenging" first half of 2012.
KOCKS to Supply New SBQ Mill to NISCO
25 July 2012 - Nanjing Iron & Steel Co., Ltd. (NISCO) signed a contract with the German company FRIEDRICH KOCKS GmbH & Co KG for the supply and the commissioning of a 3-roll Reducing & Sizing Block 370/4 in heavy duty design [RSB++]for a new SBQ bar mill.
Jindal Steel & Power to Buy CIC Energy Corp.
24 July 2012 - Coal company CIC Energy Corp., listed on the Toronto and Botswana stock exchanges and headquartered in Nassau, Bahamas, has entered into a binding merger agreement with India's Jindal Steel & Power Limited.
SDI Roanoke Issues Final Acceptance Certificate for Simetal EAF Heatopt System Installed by Siemens
24 July 2012 - Siemens received the final acceptance certificate from SDI Roanoke for its holistic process model with Lomas offgas monitoring which is reducing conversion costs in its electric steel plant.
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