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Ryerson Expands Long Products Capacity

13 December 2011 - Ryerson has acquired Turret Steel Industries, Inc. and Sunbelt-Turret Steel, Inc., steel service centers headquartered in Pittsburgh. The acquisition also includes Turret-affiliated companies Wilcox Steel and Imperial Logistics.

Sumitomo Metals Develops new High Strength, Highly Corrosion-Resistant Alloy

12 December 2011 - Sumitomo Metal Industries, Ltd. has developed new martensitic stainless steel OCTG, SM17CRS-125 (referred to as Super 17Cr), which the company claims has best-in-class corrosion resistance and strength to meet increasing demand in ultra-deep well developments.

Kobe Steel to Make Capital Investments at Three Steelworks

12 December 2011 - Kobe Steel, Ltd. plans to make capital investments of approximately 36 billion yen to enhance the hot-metal treatment capacity at its Kakogawa Works and Kobe Works and the heat-treatment capacity for steel plate at the Kakogawa Works.

CMC Board of Directors to Review Unsolicited Tender Offer from Carl Icahn

12 December 2011 - Commercial Metals Company's Board of Directors, in consultation with its independent financial and legal advisers, will review the unsolicited tender offer from Carl Icahn and Icahn Enterprises Holdings L.P. to acquire all outstanding common shares of Commercial Metals Company at a price of $15.00 per share. 

USITC to Continue Cases on Welded Carbon Steel Pipe from India, Oman, UAE, and Vietnam

12 December 2011 - The U.S. Department of Commerce will continue to conduct its antidumping and countervailing duty investigations on imports of circular welded carbon-quality steel pipe from India, Oman, the United Arab Emirates, and Vietnam based on the USITC’s finding of reasonable indication of material injury due to imports of these products.

Allegheny Technologies Elects New Director

12 December 2011 - Allegheny Technologies announced the election of John R. Pipski to the company’s Board of Directors, where he will serve on ATI’s Audit Committee and the Technology Committee.

EVRAZ Consolidates European Steel Business

09 December 2011 - EVRAZ plc and EVRAZ Group S.A. intend to create EVRAZ Europe, a company that will consolidate all of its European assets including EVRAZ Vitkovice Steel a.s. (Czech Republic) and EVRAZ Palini e Bertoli Spa (Italy). The new company will be led by Dmitrij Scuka, who is appointed CEO starting January 2, 2012.

Sumitomo Metals Introduces New Technology in Corporate R&D Labs

09 December 2011 - Sumitomo Metal Industries, Ltd. opened the research and laboratory building at its Corporate Research & Development Laboratories in Amagasaki, Hyogo Prefecture, installing cutting-edge ultrahigh resolution electron microscopes among other technology.

Ryerson Opens Service Center in Tijuana, Mexico

09 December 2011 - Ryerson Inc. announced the opening of its newest service center in Tijuana, Baja California, Mexico, offering a wide range of products and processing capabilities.

Steel Import Permits Down 14% in November

09 December 2011 - Steel import permit applications totaled 1,984,000 net tons for the month of November, a 14% decrease from the 2,309,000 permit tons recorded in October according to the latest report from AISI.

Power on at Posco CGL Line in Maharashtra

09 December 2011 - Posco Maharashtra held a ceremony on Nov. 23 to bring power on line for the CGL plant, construction of which involved the installation of 14 steel towers and a cable network located 4 km from the plant.

ArcelorMittal Comments on 24-Hour Work Stoppages

08 December 2011 - Willie Smit, Management Committee Member and Executive Vice President, Head of Human Resources for ArcelorMittal Group, offered a statement on the European strikes, noting that the 24-hour production stoppage is limited to the four long carbon plants in Luxembourg and two flat carbon plants in Liege, Belgium, and Florange, France.

ArcelorMittal Ostrava to Offer Voluntary Departure to Employees

08 December 2011 - ArcelorMittal Ostrava says it will not give any notices to its employees, despite the European steel industry’s struggles with overproduction against low demand. Rather, the company is going to offer “generous conditions” to those who decide to leave by themselves.

Schulz to Step Down from ThyssenKrupp AG Supervisory Board

08 December 2011 - Prof. Dr.-Ing. Ekkehard D. Schulz has informed the ThyssenKrupp AG Executive Board and Supervisory Board that he is standing down from the company’s Supervisory Board as of December 31, 2011.

ThyssenKrupp Sells Automotive Systems Industrial do Brasil to Magna International

08 December 2011 - ThyssenKrupp AG has sold Automotive Systems Industrial do Brasil to Cosma International, an operating unit of Magna International Inc.

ArcelorMittal Kryvyi Rih Sets New Converter Lining Record

08 December 2011 - Converter No. 6 at PJSC ArcelorMittal Kryvyi Rih has set a new record, implementing 4475 steel castings and lasting for almost one year without relining.

AK Steel Announces Carbon Steel Price Increase

08 December 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products effective immediately with new orders. 

Mechel Suspends Work at Several Facilities in Two Southern Kuzbass Mines

07 December 2011 - Mechel OAO has suspended work at several facilities at two of Southern Kuzbass Coal Company’s mines following a check by of the Southern Siberian department of the Federal Agency for Ecological, Technological and Nuclear Monitoring.

Essar Steel Algoma Provides Support for new Sault College Academic Building

07 December 2011 - Essar Steel Algoma has given a $1 million check in support of Sault College's new academic building, representing the largest ever private donation in the College's history.

Main Steel Adds Key Senior Management

07 December 2011 - Joe DeCarlo has joined Main Steel Polishing Co. Inc. as its Vice President of Stainless Marketing, assuming responsibility for product management and promotion as well as driving new business development.

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