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Nucor to Close Nuconsteel

06 January 2012 - Nucor announced plans to exit the business of fabricating light gauge steel framing and close its Nuconsteel division.

Ruukki to Deliver Steel Structures for New Mail Terminal in Sweden

05 January 2012 - Ruukki has signed a contract worth around EUR 5 million for total delivery of a new mail terminal to be built in Hallsberg, Central Sweden, comprising the steel frame, façades, and load-bearing roof structures.

New Dodge Compact Car Features Advanced Steel Technologies

05 January 2012 - High-strength steel will be used in an industry-leading 68% of the all-new 2013 Dodge Dart's body structure, according to the Steel Market Development Institute.

Essar Steel Minnesota Announces Mineral Reserves and Resources Estimates

05 January 2012 - Essar Steel Minnesota has received the results of its National Instrument (NI) 43-101 Mineral Resources and Mineral Reserves Report prepared by Met-Chem Canada Inc. in connection with its Minnesota iron ore project.

Essar Steel Completes Capacity Expansion at Hazira

05 January 2012 - Essar Steel has completed its expansion of its Hazira complex, doubling the facility’s annual capacity to 10 million tonnes and making it the largest single-location flat steel producer in India.

Krakatau Posco Signs MOU with Sookmyung University

04 January 2012 - Krakatau Posco recently signed an MOU with Sookmyung Women’s University, pledging to support the development of the local female workforce as a responsible corporate citizen.

Kobe Steel to Form Aluminum Joint Venture in China

04 January 2012 - Kobe Steel and Jiangsu ALCHA Aluminium Co., Ltd. recently signed a letter of intent to establish a joint venture in Baotou, Inner Mongolia, to produce and sell aluminum coil and sheet. Both companies plan to sign the final agreement in spring 2012.

Tata Steel Inaugurates New Hospital Facilities

04 January 2012 - HM Nerurkar, Managing Director of Tata Steel, inaugurated two new facilities at Tata Main Hospital in Jamshedpur on January 2.

SKF Appoints Senior Vice President, Group Business Transformation

04 January 2012 - SKF recently announced the appointment of Lars Wilsby as Senior Vice President, Group Business Transformation, with responsibility for Group IT and Demand Chain processes.

CMC Enters Amended Credit Agreement, Receivables Purchase Agreement

04 January 2012 - Commercial Metals Co. has entered into amended Credit and Receivables Purchase Agreements.

Baosteel Tagged as Top 10 Innovative Enterprise

03 January 2012 - Baosteel was awarded the title of "China Top 10 Innovative Enterprises” in December at the China Independent Innovation Conference held in Beijing.

Posco-India Opens Field Office to Support Odisha Project

03 January 2012 - Posco-India recently opened a new field office near Nuagaon village to accelerate efforts to secure the construction site for its Odisha project, which has been stalled since mid-May of 2011.

Tata Steel CEO Honored by Indian Institute of Materials Management

03 January 2012 - The Indian Institute of Materials Management (IIMM) has named Tata Steel Managing Director Mr. HM Nerurkar as CEO of the Year for 2011.

ALJ Announces Results for Fiscal Year 2011

03 January 2012 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, posted net income of $5.919 million on net sales of $45.89 million for the fourth quarter, and net income of $11.417 million on net sales of $162.01 million for the year ended September 30, 2010.

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