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Severstal NA, UAW Reach Tentative Agreement on New Labor Agreement

04 April 2012 - Severstal North America and United Auto Workers (UAW) Local 600 have reached a tentative agreement on a new five-year labor pact. The company expects ratification of the agreement to be completed shortly.

Sandvik Certified to New International Energy Management Standard

04 April 2012 - Sandvik has successfully achieved certification to the new International Energy Management Standard ISO 50001:2011, as part of the company's ongoing energy efficiency program designed to reduce energy consumption across the organization.

Steel Technologies to Expand Operations in Mexico

04 April 2012 - Steel Technologies LLC has secured land in the municipality of Celaya, Mexico, to construct its recently announced flat-rolled steel processing operation. The new 125,000-square-foot facility will be equipped with two slitting lines as well as space for additional equipment.

Timken Launches New Ultrasonic Inspection Line at Faircrest

03 April 2012 - The Timken Co. has completed its ultrasonic test (UT) inspection line at its Faircrest Steel Plant in Canton, Ohio. This $5 million investment increases Timken’s large-bar finishing capacity and helps ensure large-bar sound-center quality.

Vallourec Presents New Marine Tube System for Offshore Wind Turbines

03 April 2012 - Vallourec has developed its patented PREON® marine tubes system to anchor offshore wind turbines to the seabed. The solution allows offshore wind turbine foundations to be installed with less effort, noise, and at a lower depth compared to existing solutions, the company claims.

BHP Billiton Announces Change in Iron Ore Leadership

03 April 2012 - Iron Ore President, Ian Ashby, is leaving BHP Billiton on July 1, 2012, after more than 25 years with the company. He will be succeeded by Jimmy Wilson, currently BHP Billiton Energy Coal President.

Cherepovets Steel Mill to Increase Environmental Investments in 2012

03 April 2012 - ОАО Severstal announced that its Cherepovets Steel Mill plans to increase investments in environmental activities in 2012 to 1.25 billion rubles (more than US $42 million), about 57% more than last year.

Andritz to Supply Anneal-Pickle Line, Rolling Mill to ThyssenKrupp Nirosta

03 April 2012 - ThyssenKrupp Nirosta has placed an order with Andritz to supply an annealing and pickling line as well as a rolling mill for its works in Krefeld.

SMS Siemag to Modernize Continuous Caster for Salzgitter Flachstahl

02 April 2012 - Salzgitter Flachstahl has awarded SMS Siemag a contract for the supply of a new ladle turret for Continuous Caster No. 2 at its Salzgitter location.

Rio Tinto Joins New Iron Ore Trading Network

02 April 2012 - Rio Tinto has become a member of the new China Beijing Metals Exchange (CBMX), an electronic trading platform that will provide participating members with an additional iron ore trading channel in the China market.

JMC Steel Completes Acquisition of Lakeside

02 April 2012 - JMC Steel Group, Inc. and Lakeside Steel Inc. have completed Lakeside's statutory plan of arrangement under the Business Corporations Act (Ontario). The Ontario Superior Court of Justice issued a final order approving the arrangement on March 29, 2012.

Andritz Acquires Furnace Specialist Bricmont

02 April 2012 - International technology Group Andritz has acquired Bricmont Inc. from Inductotherm Group. Andritz Bricmont will continue to supply furnace systems to the aluminum and steel industries.

AK Steel's Zanesville Works Recognized for Outstanding Safety Performance

02 April 2012 - The Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene has recognized AK Steel's Zanesville Works for Outstanding Safety Performance.

Worthington Reports Third Quarter Fiscal 2012 Results

30 March 2012 - Worthington Industries, Inc. reported net sales of $611.3 million and net earnings of $25.9 million, or $0.37 per share, for its fiscal 2012 third quarter ended February 29, 2012. In last year's third quarter, the company reported net sales of $569.4 million and net earnings of $26.3 million, or $0.35 per share.

Severstal to Build Ball-Rolling Mill at Cherepovets Mill

30 March 2012 - ОАО Severstal announced plans to build a ball-rolling mill worth around RUR 150 million at the company’s its Cherepovets Steel Mill, part of the Severstal Russian Steel Division.

Posco Holds Training Program for QSS Leaders from Overseas

30 March 2012 - Posco recently held a two-week training session at the Future Creation Academy in Pohang for QSS Leaders from overseas subsidiaries. Participants came from five countries: Malaysia, Turkey, Indonesia, Japan, and India.

SMS Siemag to Supply Converter, Relining Device to Salzgitter Flachstahl

30 March 2012 - Salzgitter Flachstahl awarded SMS Siemag a contract to supply a new converter vessel for Converter A in the Salzgitter steelmaking plant. It also ordered a new relining device with telescopic lifting system to make refractory lining jobs easier in the future.

Mechel in Discussions with Lenders

30 March 2012 - Mechel OAO has commenced discussions with its lenders seeking waivers and amendments to certain credit facilities.

Mechel Reports Resumption of Work at Otelu Rosu Plant

29 March 2012 - Mechel OAO announced the resumption of smelting operations at its Ductil Steel Otelu Rosu plant in Romania.

Shale-Inland Completes Industrial Pipe, Valves and Fittings Acquisition

29 March 2012 - Shale-Inland Holdings, LLC has completed its acquisition of the Industrial Pipe, Valves and Fittings business (IPVF) of HD Supply, Inc., and the IPVF companies have been combined with Main Steel and Shale-Inland Stamping & Fabricating.

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