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Latest News
Quintiq Acquired by Dassault Systèmes
31 July 2014 - Dassault Systèmes — a 3DEXPERIENCE company and world leader in 3D design software, 3D digital mock up and product lifecycle management (PLM) solutions — announced the signing of a definitive share purchase agreement for Dassault Systèmes to acquire Quintiq, a leading provider of on-premise and on-cloud supply chain and operations planning & optimization software, for approximately €250 million.
Metinvest Reduces Operations at Some Facilities Due to Situation in Ukraine
31 July 2014 - Due to continuing military action, freight transportation via Donetsk Railways in Avdiivka-Yasynuvata (Donetsk oblast) has been interrupted and partially blocked, compromising the supply of raw materials to Metinvest’s Ilyich Iron & Steel Works of Mariupol and Azovstal.
Modernization of Blast Furnace 2 at ThyssenKrupp Duisburg-Schwelgern Making Good Progress
31 July 2014 - The modernization of blast furnace 2 in Duisburg-Schwelgern is proceeding according to schedule.
U. S. Steel Posts US$18 Million Net Loss in Second Quarter
30 July 2014 - U. S. Steel said the impacts of the extraordinary weather conditions and operational issues that began in the first quarter resulted in continuing operating inefficiencies; higher repairs and maintenance costs; and logistical issues that temporarily limited its production capabilities during the second quarter.
Sheri H. Edison Named to AK Steel's Board of Directors
30 July 2014 - Sheri H. Edison has been elected to AK Steel’s Board of Directors, effective 1 August 2014.
Carpenter Reports Improving Quarterly Results
30 July 2014 - Carpenter Technology Corporation announced financial results for the quarter ended 30 June 2014.
AISI: Preliminary Count Shows U.S. Imports Dropped 11% in June
30 July 2014 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,586,000 tons of steel in June 2014, including 2,706,000 tons of finished steel (down 11.1% and 8.0%, respectively, vs. May final data).
GrafTech Reports Results in Challenging Environment
30 July 2014 - As it reported its quarterly financial results, GrafTech International said that it expects to operate its graphite electrode facilities at full capacity in the second half of the year.
AK Steel Reports Improved Second Quarter Results
29 July 2014 - AK Steel reported its financial results for the second quarter of 2014.
AIIS: U.S. Steel Imports Decline 11% in June
29 July 2014 - U.S. steel imports dropped more than 11% in June 2014, the first monthly decline since March 2014, according to government data analyzed by the American Institute for International Steel (AIIS).
SMS Meer to Supply Cooling Bed for Bar Mill Modernization at Deutsche Edelstahlwerke
29 July 2014 - Deutsche Edelstahlwerke has ordered a new rake-type cooling bed from SMS Meer for its Siegen works in Germany as part of the modernization of its bar mill.
Reliance Steel Reports Record Quarterly Sales in Q2
29 July 2014 - While the company was somewhat disappointed with demand growth in the second quarter, Reliance does expect the economy to continue to improve with the potential for continued volume improvement in the second half of 2014.
ThyssenKrupp Steel Europe Investing €90 Million to Modernize Continuous Caster in Duisburg-Beeckerwerth
29 July 2014 - The current reline of blast furnace 2 in Duisburg-Schwelgern is being used as an opportunity to modernize a further key facility of ThyssenKrupp Steel Europe: Work has started on revamping one of the continuous casters in Duisburg-Beeckerwerth.
voestalpine Stahl to Equip Linz Works with 28 Warehouse Management Systems
28 July 2014 - voestalpine Stahl GmbH has awarded 3tn the order to supply 28 TWMS/metals warehouse management systems for its Linz works.
Metinvest’s Avdiivka Coke Restores Production Capacity
28 July 2014 - Metinvest Group's Avdiivka Coke in Ukraine continues to restore areas that were damaged during an artillery attack on the night of 21–22 July.
SunCoke Energy Inc. Reports Second Quarter 2014 Results
28 July 2014 - SunCoke Energy Inc. reported second quarter 2014 net loss attributable to shareholders of US$49.2 million, or US$0.71 per diluted share.
New Electrical Power Unit Helps ArcelorMittal Bottrop Coke Plant Cut Energy Use
28 July 2014 - ArcelorMittal Bottrop in Germany has invested in a cutting-edge electrical power unit which not only produces electricity but also doubles up as a pressure reducing station.
Jindal Chooses GE Power Conversion to Help Triple Output of Steel Plants in India
25 July 2014 - GE’s Power Conversion business announced that Jindal Steel & Power Limited (JSPL) has chosen GE Power Conversion’s AC motors and drives to upgrade the steckel mill at its Raigarh Steel Plant, Chhattisgarh, India.
SSAB Reports Positive H1 Results, Provides Outlook for Remainder of Year
25 July 2014 - SSAB said it expects its North American operations to continue to develop positively during the second half of 2014, driven by an improved market and positive effects of previous price increases.
NLMK Awarded Honorary Certificate of the Russian Government
25 July 2014 - The honorary certificate of the Government of the Russian Federation has been awarded to NLMK workers in recognition of the contribution they have made to the development of the country’s steelmaking.
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