Steel News

Carpenter to Consolidate Specialty Wire Production to Wauseaon, Ohio

31 August 2012 - Carpenter Technology Corporation announced it will relocate its Carpenter Specialty Wire Products business from Orangeburg, S.C., to an advanced precision wire manufacturing facility in Wauseon, Ohio.

Metalloinvest Chooses Siemens and Midrex for Its New HBI Production Facility

31 August 2012 - Siemens Metals Technologies and consortium partner Midrex Technologies, Inc. signed a contract with the Russian Metalloinvest Company to expand the HBI production at Lebedinsky Mining and Processing Integrated Works in Gubkin, Russia.

Wisconsin Honors Chicago Steel Company for Tree Planting Program

31 August 2012 - To improve and beautify the environment, Chicago steel manufacturer A. Finkl & Sons has extended its partnership with the Wisconsin Department of Natural Resources and will provide 400,000 tree seedlings annually for the next 10 years, valued at almost $600,000.

Universal Stainless Announces Resignation of Senior VP of Operations

31 August 2012 - Universal Stainless & Alloy Products, Inc. announced the resignation of William W. Beible Jr. from his position with the company in order to pursue other interests.

Tenova Melt Shops to Supply 300-ton Ladle Furnace to ArcelorMittal

31 August 2012 - Tenova Melt Shops has recently been contracted by ArcelorMittal to provide the turnkey supply of a 300 ton ladle furnace that will operate in an integrated cycle in an ArcelorMittal plant (ex Sidmar) located at Gent, Belgium.

Marubeni-Itochu to Boost Capacity at OCTG Threading Company in Malaysia

30 August 2012 - Marubeni-Itochu Steel Inc. announced it will increase processing capacity at Sobena Offshore Inc., an OCTG threading company operated in Malaysia by Marubeni-Itochu Tubular Asia), a Singapore-based MISI Group steel pipe sales company.

Carpenter to Establish Manufacturing Facility in China

30 August 2012 - Carpenter Technology Corporation announced it plans to construct a bar finishing facility in China to meet increased customer demand in Asia.

ThyssenKrupp Nirosta Introduces Short-Time Working Due to Weak Orders

30 August 2012 - Due to continuing weak orders at ThyssenKrupp Nirosta GmbH, short-time working is being introduced from September 2012.

Integrated Mill Systems Upgrades ArcelorMittal Cleveland TCM

30 August 2012 - Integrated Mill Systems recently finished its drives & automation upgrade of the ArcelorMittal Cleveland Works TCM, on time and budget.

Krakatau Steel to Build US$400 Million Hot Strip Mill in 2013

29 August 2012 - Indonesia’s largest steelmaker, PT Krakatau Steel (KRAS), plans to spend up to US$400 million on a new hot strip mill next year as part of its expansion plan, the Jakarta Post reports.

Union Contract with U.S. Steel Expected; ArcelorMittal Contract Uncertain

29 August 2012 - With three days left to negotiate a new contract involving about 26,000 unionized workers at U.S. plants operated by U.S. Steel and ArcelorMittal, industry analysts say the most likely scenario is that the Pittsburgh steelmaker will make peace with the United Steelworkers union -- but ArcelorMittal may not.

China Steel Corp. to Revamp CAL and Open New Service Center in China

29 August 2012 - Taiwan-based China Steel Corporation (CSC) announced the results of its Board of Directors meeting held on 27 August 2012, including decisions to revamp a continuous annealing line and establish a new service center in China.

Essar Steel Wins Global Pipe Orders Worth US$72 Million

29 August 2012 - Essar Steel has received two sizeable orders from the Middle East and Africa for manufacturing of API grade steel pipes worth Rs 400 crore (US$72 million).

Carpenter to Sell Distribution Businesses

28 August 2012 - Carpenter Technology Corporation has commenced a process to sell Latrobe Specialty Steel Distribution and its Mexican distribution business, Aceros Fortuna.

Greer Steel Selects Matisko for VP-Commercial

28 August 2012 - Greer Steel, a U.S. producer of cold rolled strip steel, has named David E. Matisko as Vice President-Commercial at the company’s Dover, Ohio, facility.

Ilva to Invest €146 Million in Environmental Projects

28 August 2012 - On 25 August, the board of directors of Taranto, Italy-based steel producer Ilva approved a €146 million environmental plan, confirming its timely engagement in developing new investment projects aimed at reducing pollution in the Taranto area, SteelOrbis reports.

Timken Announces Additional Leadership Appointments

28 August 2012 - The Timken Company has appointed new leaders to the following positions: president of the company’s China business; managing director and director of manufacturing operations in India; vice president - quality advancement; and senior vice president of planning and development.

Timken Names Leaders to Key Supporting Roles

28 August 2012 - The Timken Company announced the appointment of four new leaders within its Bearings and Power Transmission group, reporting to Christopher A. Coughlin, group president: John W. Beam, vice president for supply chain; Richard M. Boyer, vice president of manufacturing; Hans Landin, vice president of business advancement; and Michael P. Morgan, controller.

Jindal Begins Commercial Production at New Indian Plate Mill

28 August 2012 - Jindal Steel & Power Ltd (JSPL) proudly announced the commercial production of India’s widest 5.0-meter-wide plate mill in Angul, Odisha, India - part of the first phase of the 6.0 million tonnes per annum integrated steel plant there.

ThyssenKrupp Seeks $8.8 Billion for U.S., Brazil Mills: Report

28 August 2012 - German steelmaker ThyssenKrupp plans to sell its U.S. and Brazilian mills separately for at least the book value, which is about 7 billion euros ($8.8 billion), its chief executive has told German newspaper Welt am Sonntag.