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NLMK Announces Change in its Management Team
18 January 2013 - NLMK announced that Galina Aglyamova stepped down as NLMK Group vice president of finance starting from 28 December 2012, to take on a new career challenge; she will be succeeded in this position by Grigory Fedorishin, formerly director of strategy and business development of the company.
George Hlavacs Celebrates 50 Years of Service at Middough
18 January 2013 - George E. Hlavacs, PE, part owner of Middough Inc., is celebrating 50 years of service at the company.
Tubinoxia Becomes Majority Stakeholder in Tubular Joint Venture with Outokumpu
18 January 2013 - Outokumpu’s partner in the OSTP tubular joint venture, Tubinoxia S.r.l. has exercised its call option and acquired additional 15% of the joint venture’s shares from Outokumpu.
Severstal North America Partners with Mississippi State University to Create Steel Research Center
17 January 2013 - Severstal North America has partnered with Mississippi State University (MSU) to create a Steel Research Center.
Hyundai Steel Orders New Vacuum Degassing Installation from MTAG Technology AG
17 January 2013 - MTAG Technology, headquartered in Emmenbrücke, Switzerland, has been contracted by Hyundai Steel to design and supply a 70-ton turnkey vacuum degassing system for its Incheon Works in South Korea.
AIST Foundation Offers Inaugural Junior Faculty Award
17 January 2013 - The AIST Foundation has issued a call for proposals for the 2013-2014 inaugural recipient of the AIST Foundation Junior Faculty Award. The purpose of the award is to increase the number of younger engineering professors with a vested interest in the iron and steel industry.
Insteel Industries Encouraged by Ongoing Recovery in U.S. Housing Market
17 January 2013 - As it reported its earnings for its fiscal first quarted ended 31 December 2012, Insteel Industries said market conditions were stronger than anticipated during what is typically its weakest period of the year due to the seasonal downturn in construction activity, but its outlook for the remainder of the year remains cautious.
The World Steel Association to Host Steel Debate on Twitter
17 January 2013 - The World Steel Association (worldsteel) will host its very first Twitter debate Steel: The Next Hero – Looking to the Future on Friday, 18 January 2013 at 14:00 GMT (9:00 am EST).
A. M. Castle & Co. Announces Plan to Reduce Costs and Improve Performance
17 January 2013 - A. M. Castle & Co., a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced restructuring actions, including an organizational restructuring, warehouse realignments and performance improvement programs.
MSCI: 2012 Service Center Shipments Match 2011
16 January 2013 - With the exception of aluminum shipments in Canada, which increased moderately, the slowdown in North American service center shipments from 2011 levels that has characterized the second half of 2012 and continued in December, left the year about even with 2011.
Steel Benchmarker™: U.S. Hot Rolled Band Prices Remain Weak
16 January 2013 - In its one hundred sixty third report, the SteelBenchmarker™ released 11 steel product and three U.S. scrap prices, showing increasing hot rolled band prices in China, western Europe and world export pricing but decreasing U.S. prices.
EVRAZ Completes Acquisition of Indirect Controlling Interest in OJSC Rapadskaya
16 January 2013 - EVRAZ announced that it has completed the acquisition of a further 50% interest in Corber Enterprises Limited, which holds an 82% interest in OJSC Raspadskaya and its subsidiaries.
Goldman Boosts Iron Ore View as 'Oversupply' Two Years Away
16 January 2013 - Iron ore will see another year of “exceptional prices” before supplies start to outpace demand, Goldman Sachs Group Inc. said as it increased its forecast for the seaborne commodity used in steel, Bloomberg reports.
Carpenter Technology Provides Update on Expected Second Quarter Results
16 January 2013 - Carpenter Technology continued to see strong demand for its premium and ultra-premium products sold into the aerospace and energy markets during the quarter ended 31 December 2012, but saw weaker demand in lower value product lines, which were impacted by current economic uncertainty.
U.S. Agency Will Not Remove Duties on Clad Steel Plate Imports from Japan
15 January 2013 - The U.S. International Trade Commission (USITC) determined that revoking the existing antidumping duty order on clad steel plate from Japan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
Ranger Steel Names New C-Suite Leaders
15 January 2013 - Houston-based steel plate distributor Ranger Steel Services LP has recently named a new CEO, president and COO, the Houston Business Journal reports.
ArcelorMittal Lázaro Cárdenas Creates Specialized Steel Slabs for Gas Industry
15 January 2013 - ArcelorMittal Lázaro Cárdenas in Mexico has recently launched production for slabs which will be used in pipelines that transport sour gas.
ATI 2003® Lean Duplex Alloy Selected for North Sea Project
15 January 2013 - Allegheny Technologies Inc. announced that ATI 2003® lean duplex stainless was chosen over 316L stainless and coated carbon steel for topside secondary and outfitting structural components on a major offshore project in the Norwegian North Sea.
RHI to Purchase Stake in Indian Orient Refractories
15 January 2013 - A wholly-owned affiliate of RHI AG signed a share purchase agreement to acquire 43.6% of the share capital of Orient Refractories Ltd., an Indian producer of special refractories and monolithics.
2013 North American Car and Truck of the Year Feature Advanced Steel Technologies
15 January 2013 - The Steel Market Development Institute is starting 2013 with two exciting steel success stories: The 2013 North American Car and Truck/Utility of the Year award winners, the Cadillac ATS and Dodge Ram 1500, both feature an extensive amount of advanced high-strength steels (AHSS).
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