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Latest News
Report: Hrusovsky Elected as CEO of Alton Steel
13 December 2013 - Alton Steel’s Board of Directors has elected James Hrusovsky as CEO, the company announced Tuesday, the St. Louis Business Journal reported.
SteelBenchmarker: HRB Prices Stagnate
13 December 2013 - The bi-monthly SteelBenchmarker™ Western European HRB price for 9 December 2013 rose 1.7% to US$611 per tonne (on a Euro basis, it rose 0.2%) after falling last time.
SEASI Gives Update on ASEAN Steel Industry Situation in the First Half of 2013
13 December 2013 - Demand for steel in ASEAN countries picked up significantly — by 17% in the first half of 2013 compared with the first half of 2012, according to the South East Asia Iron & Steel Institute (SEASI).
MRC Global Makes Two International Acquisitions
13 December 2013 - MRC Global Inc. has acquired Stream AS in Norway and Flangefitt Stainless Ltd. in the U.K.
JFE Establishes Joint Venture in Myanmar for Steel Structure Projects
13 December 2013 - JFE Engineering Corporation of Tokyo, Japan, has established J&M Steel Solutions Company Limited, a joint venture company committed to infrastructure construction, together with Myanmar’s Ministry of Construction, and has commenced the construction of a new plant.
U.S. Steel Exports Rise in October
12 December 2013 - Steel exports increased in October 2013 compared to September 2013 by 10.9% according to government reporting analyzed by the American Institute for International Steel (AIIS).
New Millennium Iron Announces Retirement of Director, Appointment of New Board Member
12 December 2013 - New Millennium Iron Corp. (NML) announced that Mr. Hemant Nerurkar, formerly managing director of Tata Steel Limited, Jamshedpur, India, recently resigned as a director of the corporation.
Worthington Steel to Close Baltimore Facility
12 December 2013 - On 10 December 2013, the Steel Processing Segment (Worthington Steel) of Worthington Industries, Inc. announced to its employees that its Baltimore steel facility will be closing by the end of its fiscal year, 31 May 2014.
ArcelorMittal Announces Changes to Organizational Structure
12 December 2013 - ArcelorMittal announced it has reviewed its organization with the aim of simplifying it.
SDI Receives MCA Chairman's Award
12 December 2013 - Steel Dynamics Inc. and one of its customers, Metal Sales Manufacturing Corp. of Louisville, were among the metals-related companies to receive the Metal Construction Association’s (MCA) 2013 Chairman’s Award for Overall Excellence during this year’s Metalcon International convention in Atlanta.
U. S. Steel Announces Executive Management Changes
12 December 2013 - United States Steel Corporation announced a series of executive management changes including naming John J. Quaid, vice president - Iron Ore; Larry T. Brockway as senior vice president, chief risk officer and treasurer; Sharon K. Owen to retire from North American Flat-Rolled Operations.
Metalloinvest Announces New Appointments
12 December 2013 - Andrey Ugarov has been appointed deputy CEO, chief operating officer, of Management Company Metalloinvest and Marina Novikova has been appointed deputy CEO, organisational development and human resources management.
Tata Steel's New Electrical Steels Improve Power Industry Efficiency
11 December 2013 - Tata Steel subsidiary Cogent Power has unveiled a range of sophisticated new electrical steel products which reduce electricity losses by 20–30% compared with conventional grain-oriented grades.
NLMK Improves Occupational Health and Safety Across Russian Sites
11 December 2013 - NLMK Group has launched new occupational health and safety (OHS) programs at all of its Russian sites.
ArcelorMittal and Bekaert Group Announce New Agreement in Latin America
11 December 2013 - ArcelorMittal Long Carbon Americas will extend its partnership in Latin America with the Bekaert Group, a worldwide market and technology leader in steel wire transformation and coatings.
SMS Logistiksysteme to Supply Billet Inspection Line for Steelmaker in Vietnam
11 December 2013 - SMS Logistiksysteme, Germany, received an order from Taiwanese Nan Ya Plastics Corp., a company of the Formosa Plastics Group, to supply a billet inspection line for the new fully integrated steelworks of Formosa Ha Tinh Steel Corporation domiciled in Vietnam.
AIIS Praises New WTO Trade Facilitation Agreement
11 December 2013 - The American Institute for International Steel (AIIS) applauded the trade facilitation deal reached 7 December 2013 by the 159 member countries of the World Trade Organization at the WTO’s just-concluded Ninth Ministerial Conference meeting in Bali, Indonesia.
Severstal Initiates Antidumping Investigation of Ukrainian Wire Rod
11 December 2013 - The Domestic Market Protection Department of the Eurasian Economic Commission has announced the start of an antidumping investigation after an application was filed by OAO Severstal and other Russian manufacturers.
Arch Coal's Leer Mine Reaches Major Milestone with Start-Up of Longwall
11 December 2013 - Arch Coal, Inc. announced that Tygart Valley's Leer mine in northern West Virginia has begun operating its longwall mining system, representing a major milestone in the development of the overall mining complex.
Kvaerner Divests North American Construction Business
10 December 2013 - Kvaerner has sold its onshore construction business in North America to Matrix Service Company for an enterprise value of US$80.3 million.
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