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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.
AK Tube Plants Recognized for Safety Performance
29 March 2012 - The Columbus, Ind., and Walbridge, Ohio, plants of AK Tube LLC have each received the "Safety Award of Merit" from the Fabricators and Manufacturers Association, International (FMA), a leading trade organization that serves the metal forming and fabricating industry.
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.
Commercial Metals Reports Improved Second Quarter Earnings
29 March 2012 - Commercial Metals Co. reported net earnings of $28.9 million, or $0.25 per diluted share, on net sales of $2.0 billion for the second quarter ended February 29, 2012. This earnings performance is a significant improvement over the net loss of $46.2 million, or $0.40 per share, reported in last year's second quarter with sales of $1.8 billion.
Severstal North America Debuts New Culvert Mobile App
29 March 2012 - Severstal North America introduced its new Culvert mobile application, which is designed to help corrugated steel pipe professionals work faster and smarter. It is available for Apple iOS and Android devices.
Commerce Delivers Mixed Preliminary Ruling on Welded Steel Pipe from Multiple Countries
28 March 2012 - The Department of Commerce announced its affirmative preliminary determinations in the countervailing duty (CVD) investigations of imports of circular welded carbon-quality steel pipe from India and Vietnam, and its negative preliminary determinations in the CVD investigations of imports of such steel pipe from Oman and the United Arab Emirates.
Siemens to Supply Secondary Dedusting for Ruukki Steelworks in Finland
28 March 2012 - Siemens VAI Metals Technologies has received an order from Ruukki Metals Oy to supply and install equipment for a new secondary dedusting system in its converter steelworks in Raahe, Finland. The new system is scheduled to come into operation at the end of 2013.
Nippon Steel to Reline Yawata Works No. 4 Blast Furnace
28 March 2012 - Nippon Steel announced plans to reline the No. 4 blast furnace at the company’s Yawata Works.
JFE Steel to Study Feasibility of Integrated Steelworks in Vietnam
28 March 2012 - JFE Steel Corp. has signed a memorandum of understanding with the E United Group, a Taiwanese corporate group, to study the feasibility of building and operating an integrated steelworks in Vietnam for which JFE Steel would be the majority shareholder.
Preliminary Steel Imports Decline 5% in February
28 March 2012 - The U.S. imported a total of 2,689,000 net tons of steel in February, down 5% from January final data, according to the latest report from AISI. Finished steel imports were down 7% through the same period.
Cherepovets Mill to Achieve Wastewater Discharge Reduction by 2013
27 March 2012 - ОАО Severstal announced that its Cherepovets Steel Mill will achieve a 200,000-m3 wastewater discharge reduction into bodies of water by 2013, by closing down two of the five current effluent discharge outlets.
ArcelorMittal Poland Commissions Investments at Dabrowa Górnicza
27 March 2012 - ArcelorMittal Poland has commissioned two new investments at its unit in Dąbrowa Górnicza: a Pulverized Coal Injection (PCI) into blast furnace no. 2 and a modernized sinter belt.
SAIL Inaugurates Emission-Free Coke Batteries at Bokaro
27 March 2012 - SAIL Chairman CS Verma recently inaugurated two rebuilt coke oven batteries at the Bokaro Steel Plant of Maharatna Steel Authority of India Ltd. (SAIL). He also inaugurated the Coil Packaging Line-2 of the new cold rolling mill as well as the Centre of Excellence.
Lakeside Shareholders Approve Arrangement
27 March 2012 - Lakeside Steel announced that Lakeside stockholders approved the previously announced plan of arrangement for the acquisition of the company’s common shares by 2312522 Ontario Inc., a wholly owned subsidiary of JMC Steel Group, Inc.
Posco CEO Joonyang Chung Starts Second Term
27 March 2012 - Posco recently held the 44th Ordinary General Meeting of Shareholders at the Seoul Posco Center, re-electing Chung Joonyang as CEO and electing Outside Director Han Joonho as the Chairman of the Board of Directors.
Metinvest Honored for CSR among Ukrainian Businesses
26 March 2012 - Metinvest was ranked highest among Ukrainian businesses for its corporate social responsibility (CSR) activities, recognizing that the company carried out transparent and systemic activities, and integrated CSR into business-planning and its general strategy.
Posco Develops Steel Bodies for Electric Vehicles
26 March 2012 - Posco started development of its PBC-EV (Posco Body Concept-Electric Vehicle) in 2010 to generate profit from high value-added products. The concept employs at least 40% more high-quality steel than traditional automobile bodies.
Mechel Could Lose Mining License for Key Asset
26 March 2012 - Mechel OAO might lose its mining license for one of its key assets, Yakutugol subsidiary, due to major violations discovered by the Russian Ministry of Natural Resources. Yakutugol represents about 30% of Mechel's coal output.
Sumitomo’s Thai Sumilox Restores Operation in Thailand after Flood
26 March 2012 - Thai Sumilox Company, Ltd. has restored its pressing line and resumed operation following the October 8, 2011 suspension due to flood damage in Thailand.
Tata Steel Calls for LCA Approach to Building Sustainability
26 March 2012 - Tata Steel recently took part in a presentation on Life Cycle Analysis (LCA) at an Ecobuild sustainable building event in London, where Tata Steel sustainability expert John Dowling covered the steel industry view of LCA and why it is important to consider the whole life of buildings from cradle to grave.
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