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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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Latest News

SSAB Starts Production at Axis Expansion

13 June 2012 - SSAB announced that the US$220 million expansion of its Axis, Ala., steel mill is nearly complete and recently began production.

2011–2013 FeMET, StEEL and Premier Scholarships Awarded

12 June 2012 - The American Iron and Steel Institute (AISI) and the Association for Iron & Steel Technology Foundation's "Ferrous Metallurgy Education Today," or FeMET Initiative, and "Steel Engineering Education Link," or StEEL Scholarship program, both aimed at attracting top talent to the North American steel industry, have awarded scholarships of US$5,000 to third-year students from leading North American colleges for the 2011–2013 academic years.

Salzgitter AG Takes Over Part of the Operations of Kovac Stahl, Graz/Austria

12 June 2012 - Salzgitter AG/Germany has signed a contract to acquire the Graz- and Gratkorn-based operations of Kovac Stahl, Graz/Austria.

Posco, GE Sign Pact to Cooperate in Energy Development

12 June 2012 - Posco has signed an initial agreement with General Electric Co. to cooperate in energy development overseas and power plant business.

RG Idles Coke Batteries at Mountain State Carbon

09 June 2012 - Three coke batteries have been put on hot idle at Mountain State Carbon LLC, and about 200 unionized workers at the joint venture of RG Steel LLC and Severstal North America Inc. are being laid off, according to a local union official.

AK Steel Receives "Metallic Supplier of the Year" Award from Chrysler Group LLC

08 June 2012 - AK Steel has received the Metallic "Supplier of the Year" award from Chrysler Group LLC.  The award recognizes AK Steel for extraordinary performance in 2011, and positions AK Steel among an elite group of Chrysler's top suppliers.

Anshan Drops Plan for Indian Steel Plant

07 June 2012 - China’s second-largest steelmaker, Anshan Group, has scrapped a plan to build a steelworks in India because of uncertainties in resource allocations. It is, however, continuing talks for a planned plant in the USA. 

MMK Invests to Expand Into Market for Shipbuilding Steels

05 June 2012 - MMK is investing in abrasive blast cleaning equipment for rolling shop No. 9, which houses its 5,000 mm plate mill. This will allow MMK to produce AB2-1 and AB2-2 shipbuilding steels.

RG Steel Begins Shutdown

05 June 2012 - A total of 263 union workers at RG Steel's Warren steel mill have been laid off as the plant finishes filling customer orders before being shut down, a union leader said Monday, 4 June.

Commercial Metals Company Announces Completion of Sale of Croatian Pipe Mill

04 June 2012 - Commercial Metals Company announced the completion of the sale of its Croatian Pipe Mill and wholly owned subsidiary, CMC Sisak, d.o.o., pursuant to a definitive purchase agreement whereby CMC sold all of the outstanding shares of CMC Sisak to the Danieli Group – Steel Making Division.

AK Tube Plant Recognized for Outstanding Safety Performance

03 June 2012 - The Walbridge, Ohio, plant of AK Tube LLC, a subsidiary of AK Steel, has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene.

Severstal Announces Investment Plans for Iron Ore and Coal Exploration in 2012

03 June 2012 - OАО Severstal announced that it will invest approximately $98 million in geological exploration for iron ore and coal projects both in Russia and internationally in 2012.

Michael Wallis Succeeds Ulrich Albrecht-Frueh as Chief Executive Officer of ThyssenKrupp Stainless USA

03 June 2012 - ThyssenKrupp Stainless USA LLC announced the appointment of Michael Wallis as chief executive officer of the company in Calvert, Ala., effective 15 June 2012.

Posco Honored by Korea Herald Business

03 June 2012 - Posco was ranked first as Korea’s “nicest company,” determined through a survey conducted by the Korea Herald Business.

Michael Wallis Succeeds Ulrich Albrecht-Frueh as Chief Executive Officer of ThyssenKrupp Stainless USA

03 June 2012 - ThyssenKrupp Stainless USA LLC announced the appointment of Michael Wallis as chief executive officer of the company in Calvert, Ala., effective 15 June 2012.

Republic Steel Breaks Ground on New EAF at Lorain

02 June 2012 - Republic Steel announced that contracts have been awarded and construction is under way for the new electric arc furnace and related equipment at its Lorain, Ohio, steelmaking facility. The company expects the first heat of steel from the new facility to be tapped during the second quarter of 2013.

RG Steel Files for Bankruptcy, Esmark Offers to Buy Wheeling Corrugating

01 June 2012 - RG Steel LLC and its wholly owned subsidiaries announced that they have filed petitions under Chapter 11 of the United States Bankruptcy Code with the U.S. Bankruptcy Court for the District of Delaware.

voestalpine Achieves New Record Revenue of Over EUR 12.1 Billion

01 June 2012 - At EUR 12.1 billion, the voestalpine Group generated the highest revenue in the company’s history during the business year 2011/12.

Severstal Wins Best Corporate Development Strategy Award

29 May 2012 - OAO Severstal has been named the winner in the Best Corporate Development Strategy category at the annual awards hosted by RCB Group and the investor.ru portal, for its strategy to achieve a top five industry position by EBITDA through sustained high margins and returns on investment in 2011.

AK Steel Executive Officers Assigned New Responsibilities

28 May 2012 - AK Steel announced that four of its officers have new executive-level responsibilities, effective immediately. The changes in responsibilities were made as part of the company's long-term strategic and succession plans.

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