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Republic Steel's Canton Facility Experiences Tranformer Failure

06 August 2013 - Republic Steel experienced a failure at the transformer that supplies power to the #7 furnace in its Canton, Ohio, melt shop on 2 August 2013. This failure is being investigated and will result in an outage of its #7 back-up furnace lasting between two and eight weeks.

Kenwal Adds Strip Width Measurement by ISRA VISION PARSYTEC

06 August 2013 - Kenwal is adding strip width measurement from ISRA VSION PARSYTEC to supplement its existing inspection system for the pickling line of its steel plant in Dearborn, Mich.

ArcelorMittal Restarts Steel Expansion Project in Brazil

05 August 2013 - ArcelorMittal announced that it is to restart an expansion project at its Monlevade and Juiz de Fora sites in Brazil, which will increase production capacity from 3.75 to 4.9 million tonnes a year.

SANGRAF International Adds Legal Counsel to Team

05 August 2013 - SANGRAF International, a manufacturer of premium graphite electrodes to the EAF steel industry, has announced the appointment of Dan Ilkay as general counsel.

EUROFER Expects European Steel Consumption to Fall 4.5% This Year

05 August 2013 - The base case scenario of a stabilization of the EU economy in the second half of 2013 and a gradual but slow recovery in 2014 is confirmed by EUROFER’s Q3-2013 Economic & Steel Market Outlook.

TMS International's Quarterly Results Impacted By Softness in Steel Production

05 August 2013 - TMS International Corp., the parent company of Tube City IMS Corp., a leading provider of outsourced industrial services to steel mills globally, announced results for its second quarter ended 30 June 2013.

Metinvest Group Appoints New CFO

05 August 2013 - Metinvest Group announced that Aleksey Kutepov was appointed CFO. He replaces Sergiy Novikov, who will continue his career within the Metinvest Group.

Mechel Holds Successful Testing of Equipment for Coking Coal Equipment

05 August 2013 - Russia’s Mechel OAO announced it has successfully tested equipment that produces coking coal concentrate at the Elga coal deposit's seasonal washing plant in the Republic of Sakha (Yakutia).

Cliffs Natural Resources Reaches Tentative Agreement with USW at Quebec Mine

05 August 2013 - Cliffs Natural Resources Inc. announced a tentative agreement with the United Steelworkers Union for a new three-year labor contract offer that will cover approximately 300 represented workers at Cliffs' Bloom Lake mine in Fermont, Quebec.

ThyssenKrupp Steel German Subsidiary Modernizes Medium-Wide Strip Mill

05 August 2013 - Hoesch Hohenlimburg, a specialist supplier of hot rolled strip steel based in Hagen, Germany, has completed one of the biggest modernization projects in the firm’s history: The recently upgraded medium-wide strip mill has now been successfully ramped up.

ArcelorMittal Reports Results for "Challenging" First Half of Year

02 August 2013 - As it reported its results for the first half of 2013, ArcelorMittal said the second half of the year should deliver a clear underlying improvement relative to the second half of 2012, which it believes marked the lowest point in the cycle.

Reuters: U.S. Steelmakers Seek Protection Against European Imports

02 August 2013 - A U.S. steel industry group has asked the government trade representative to intervene to help protect domestic producers from growing imports of steel products from Europe, according to a Reuters report.

PwC US Says Overcapacity Continues to Impact M&A Activity in Steel Sector

02 August 2013 - While merger and acquisition (M&A) activity in the global metals sector has seen continued declines in both deal value and volume during the second quarter of 2013, China and other emerging markets played a significant role in the overall deal environment, according to PwC US.

GrafTech Reports Second Quarter 2013 Results

02 August 2013 - As it announced its second quarter financial results, GrafTech International said the environment for its Industrial Materials products remains very difficult as steel production outside of China continues to decline year-over-year and that the weakness is further exacerbated by overcapacity in the graphite electrode industry.

2012 Was Record Year for Global Stainless Production, But Increase Uneven

02 August 2013 - The International Stainless Steel Forum (ISSF) has released preliminary figures for 2012 which show that stainless steel production grew by 5.2% to reach a record high of 35.4 million metric tonnes. China accounted for the increase in production, with other regions of the world showing negative growth, mainly due to de-stocking.

ThyssenKrupp Steel Europe Reaches Agreement With Employees in Spain

02 August 2013 - ThyssenKrupp Steel Europe has reached agreement with employees at its ThyssenKrupp Galmed plant in Spain, including the termination of all employment contracts and the closure of the facility.

Vallourec Reports Second Quarter and First Half 2013 Results

02 August 2013 - Despite the challenging environment in European industrial markets, Vallourec continued to benefit from its high premium offering and its strong market position to serve the shale hydrocarbons plays in the USA, the deep offshore market in Brazil and the dynamic market in the Middle East.

LKAB Names New Senior Vice President Sales

02 August 2013 - Peter Schmid, MSc., currently president of the LKAB subsidiary LKAB Wassara AB, has been appointed senior vice president sales for the LKAB Group and will be stationed at LKAB's head office in Luleå, Sweden. He will assume his new position on 1 August 2013.

METALLOINVEST Announces Second Quarter Operational Results

02 August 2013 - METALLOINVEST, a Russia-based iron ore and HBI producer, announced its operational results for the second quarter of 2013.

OAO Severstal Announces Management Structure Optimization

02 August 2013 - Further to the management and organizational changes announced by OAO Severstal on 15 July, the company announces further changes to optimize its management structure in order to achieve its stated goals of improving efficiency and reducing costs.

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