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Salzgitter AG update on Q1 2013 performance

17 May 2013 - In the first three months of 2013, the performance of the Salzgitter Group was overshadowed by persistently unfavorable general economic conditions in Europe.

Austria's Voestalpine on track to hit earnings forecast

17 May 2013 - Austrian steelmaker Voestalpine is on track to hit earnings before interest and tax (EBIT) of about 800 million euros ($1.03 billion) for 2012/13, up from 704 million last year, Chief Executive Wolfgang Eder said.

SAIL plans second plant at Burnpur

17 May 2013 - Steel Authority of India Ltd. (SAIL) is planning to set up a new 3 million tonnes per annum (mtpa) plant at Burnpur, West Bengal, in addition to the 2.5 mtpa unit now under erection there.

Hebei Puyang Iron and Steel Orders Medium Slab Caster from SMS Siemag

17 May 2013 - China's Hebei Puyang Iron and Steel Co., Ltd (Puyang Steel) has awarded SMS Siemag Technology (Beijing) Co. a contract for the supply of a medium slab caster to be installed at the works in Wuan City, Hebei Province.

Outokumpu Conducting Strategic Review of Its VDM High Performance Alloys Business

17 May 2013 - Outokumpu has started a strategic review of its high performance alloys or VDM business unit. During this review, Outokumpu will evaluate strategic options for VDM and consider how best to drive continued growth and profitability for the business, within or outside of Outokumpu.

Tenaris’ Dopeless® Technology Run for First Time in Brazil

17 May 2013 - Tenaris’ Dopeless® technology was run for the first time in Brazil, in a Petrobras deepwater offshore operation, during the first half of this year.

Siemens Receives FAC from Outokumpu for Stainless Steel Plant in the USA

17 May 2013 - At the beginning of April, Siemens Metals Technologies received the final acceptance certificate for the stainless steel works owned by Outokumpu Stainless in Calvert, Ala.

ArcelorMittal Ruhrort's RH Facility to Receive New Vacuum Pump from SMS Mevac

17 May 2013 - ArcelorMittal Ruhrort in Duisburg, Germany, has contracted SMS Mevac GmbH to modernize the steam ejector pump system for its existing RH facility (Ruhrstahl-Heraeus process). .

Steel Industry Names William Heenan As Recipient Of 2013 SMDI Lifetime Achievement Award

17 May 2013 - The Steel Market Development Institute (SMDI) announced that William M. Heenan, Jr. is the recipient of the 2013 Steel Market Development Institute Lifetime Achievement Award.

Kennametal Young Engineers Present Products for the Future

16 May 2013 - Eighteen students from Kennametal's Young Engineers Program in Latrobe, Pa., showed-off their engineering, manufacturing and marketing talents, presenting innovative products they invented as part of a class project for the program.

JFE Steel to Launch Steel Pipe Manufacturing and Sales JV in Zhejiang, China

16 May 2013 - JFE Steel announced that it, Kawasaki Kokan Co., Marubeni-Itochu Steel Inc. and Taiwan's largest cold drawn pipe manufacturer Shuan Hwa Industrial Co. signed an agreement to establish a joint-venture company in Zhejiang Province, China.

CSN announces Q1 2013 results

16 May 2013 - Brazilian flat-steel maker Companhia Siderurgica Nacional (SID, CSNA3.BR), or CSN, late Wednesday reported a drop of 82% in its first-quarter net profit, due to the rise of its costs in the period.

Marmon/Keystone Establishes Nashville Service Center

15 May 2013 - Marmon/Keystone president J.T. "Tim" Spatafore announced the opening of a Nashville, Tenn., facility.

IronArc Revolutionizing Iron Production, Halving Carbon Dioxide Emissions

15 May 2013 - A new method for producing hot metal has been developed by ScanArc Plasma Technologies of Sweden, in collaboration with the steel group Ovako at its Hofors, Sweden, plant.

ThyssenKrupp Meets Operating Targets in First Half of 2012/2013

15 May 2013 - In the 1st half of the 2012/2013 fiscal year (October 01, 2012 – March 31, 2013) ThyssenKrupp achieved order intake from continuing operations of €19.3 billion, down 7% year-on-year.

LanzaTech Plans to Raise $80 Million for Waste Gas-to-Biofuel

15 May 2013 - LanzaTech NZ Ltd. plans to start raising $60 million to $80 million from venture capital and strategic investors this year to develop technology for waste gas-to-biofuel.

Mike Rehwinkel Elected AISI Chariman

15 May 2013 - The Board of Directors of the American Iron and Steel Institute (AISI) has elected Michael T. Rehwinkel, president and CEO of EVRAZ North America, to serve as chairman of the Institute until May 2014. 

Praxair Is Building Chinese Base

15 May 2013 - Praxair has started to build a liquid oxygen production base in Chongqing, the largest of its kind in China.

Salzgitter's Loss Widens in 1Q, Expects No Significant Improvement

15 May 2013 - Germany-based steelmaker Salzgitter Group has issued its financial results data for the first quarter of the current year, stating that the performance of the company was overshadowed by persistently unfavorable general economic conditions in Europe.

Emirates Steel Develops Apprenticeship Program

14 May 2013 - Emirates Steel, the only integrated steel plant in the UAE, has developed an internationally accredited three-year apprenticeship program that will develop the skills, knowledge and professionalism of UAE nationals.

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