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World Crude Steel Production Slightly Higher in October

20 November 2012 - World crude steel production for the 62 countries reporting to the World Steel Association was 126 million tonnes in October 2012, an increase of 1.3% compared to October 2011.

Forjasul Orders EloForge™ Induction Heating System from SMS Elotherm

20 November 2012 - Forjasul Canoas from Rio Grande do Sul, Brazil, has placed an order with SMS Elotherm for the supply of an EloForge™ induction heating system.

VISA Steel and SunCoke Energy Announce Indian Joint Venture

20 November 2012 - VISA Steel Limited and SunCoke Energy, Inc. announced that they have entered into agreements to form a cokemaking joint venture in India.

Optima Specialty Steel to Acquire Kentucky Electric Steel

20 November 2012 - Optima Specialty Steel, Inc., has entered into a definitive merger agreement with ALJ Regional Holdings, Inc., to acquire 100% of KES Acquisition Company dba Kentucky Electric Steel.

U.S., Russia Reach Draft Deal on Hot Rolled Steel Trade

19 November 2012 - The U.S. Commerce Department said it had reached a draft agreement with the Russian government to revise a 13-year-old deal governing imports of hot-rolled steel, Reuters reports.

SDI Roanoke Bar Division Announces Price Increase

19 November 2012 - Steel Dynamics Inc. Roanoke Bar Division announced on 12 November 2012 that it was increasing the price of all its products by $35/ton or $1.75 cwt, effective with shipments beginning 1 December 2012.

Cliffs Natural Resources Announces Significant Adjustments to 2013 Operating Plan

19 November 2012 - Cliffs Natural Resources Inc. announced a decision to delay portions of its Bloom Lake Mine Phase II expansion in Quebec and idle a portion of its production at two of its U.S. iron ore operations, Northshore Mining in Minnesota and Empire Mine in Michigan.

Voestalpine Breaks Ground on New U.S. Plant

19 November 2012 - On 14 November 2012, the voestalpine Group held a groundbreaking ceremony for its Metal Forming Division’s new plant in Cartersville, Ga.

AISI Recognizes DiMicco for His Service to the Institute, Steel Industry

19 November 2012 - The American Iron and Steel Institute recognized Daniel DiMicco, who is stepping down as CEO of Nucor Corporation on 1 January 2013, for his dynamic leadership on AISI's Board of Directors which has been invaluable in advancing the steel industry's pro-manufacturing agenda.

Specialty Steel Industry of North America Releases Market Data for August 2012

19 November 2012 - The Specialty Steel Industry of North America has released statistical data on imports, U.S. consumption, and import penetration for YTD August 2012, commenting that it is particularly tracking remarkable growth in imports of stainless plate, which are up nearly 31% over 2011 levels.

CCR Technologies to Supply 2-Strand Billet Caster to Gerdau Corsa

19 November 2012 - CCR Technologies Inc. of Ontario, Canada, has been awarded the complete turnkey supply of a 2-strand billet caster for Gerdau Corsa of Mexico.

AISI: September Steel Shipments Down 13.7% from August

16 November 2012 - The American Iron and Steel Institute (AISI) reported today that for the month of September 2012, U.S. steel mills shipped 7,233,375 tons, a 13.7% decrease from the 8,377,162 tons shipped in the previous month.

John Ferriola to be Named Nucor CEO Effective 1 January 2013

16 November 2012 - Nucor CEO Daniel R. DiMicco announced that he is passing this privilege and responsibility on to current President and Chief Operating Officer, John J. Ferriola. Ferriola will follow DiMicco as CEO effective 1 January 2013.

Record Levels of Steel Scrap Consumption Announced on America Recycles Day

16 November 2012 - In celebration of America Recycles Day, the Steel Recycling Institute announced that the recycling rate for the world’s most recycled material – steel – is at an all-time high of 92%. More than 85 million tons of steel scrap was consumed by steelmaking furnaces in 2011—an increase of nearly 10 million tons versus 2010.

The New Boom: Shale Gas Fueling an American Industrial Revolution

16 November 2012 - The shale gas revolution is firing up an old-fashioned American industrial revival, breathing life into businesses such as petrochemicals and glass, steel and toys, the Washington Post reports.

Nucor Steel Chooses Quad Infotech to Deliver a Complete MES Solution for Its Jewett Plant

16 November 2012 - Quad Infotech has been awarded an order by Nucor Steel Texas to provide a comprehensive manufacturing execution system (MES) in its steel plant in Jewett, Texas.

Tata Steel Subsidiary Develops New Electrical Steel Grades

16 November 2012 - Cogent Power, a wholly owned subsidiary of Tata Steel, has developed a range of new electrical steel grades suitable for hybrid (HEV) and electric vehicle (EV) drive motor applications.

North American Service Centers See Pick Up in October

15 November 2012 - The slowdown in shipments from U.S. and Canadian service centers from 2011 levels which began in August, eased significantly in October, the Metals Service Center Institute reports.

AIST Announces the Matching Funds Challenge II

15 November 2012 - The AIST board of directors has approved a Matching Funds Challenge II: AIST will match, dollar for dollar, donations made to the AIST Foundation through 30 June 2013, up to an aggregate total of US$500,000.

U.S. Agency Determines Imports Are Not Hurting U.S. Pipe and Tube Industry

15 November 2012 - The U.S. International Trade Commission determined that imports of circular welded carbon-quality steel pipe from a host of countries have not injured or do not threaten to injure the U.S. industry; as a result, no antidumping or countervailing duty orders will be issued on the imports.

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