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SMS Meer to Upgrade ArcelorMittal Hamburg Wire Rod Mill

29 July 2011 - ArcelorMittal Hamburg GmbH has placed an order with SMS Meer for the modernization of a two-strand wire rod mill, with an annual capacity of 900,000 tonnes. New cantilever stands will enable higher rolling forces in the future.

Carpenter Technology Reports Fourth Quarter Results

29 July 2011 - Carpenter Technology reported net income attributable to Carpenter of $25.5 million on net sales of $483.6 million for the fourth quarter, and net income attributable to Carpenter of $71.0 million on net sales of $1.675 billion for the full year fiscal 2011.

Preliminary Finished Steel Imports Increase 5% in June

29 July 2011 - The U.S. imported 2,110,000 net tons of finished steel in June, up 5% from May final data according to the latest report from AISI.

Reliance Steel & Aluminum Announces New Credit Facility

28 July 2011 - Reliance Steel & Aluminum has amended and restated its existing $1.1 billion unsecured revolving credit facility for five years and increased the size to $1.5 billion.

China Steel Installs Jet Edge Waterjet Cutting Machine

28 July 2011 - China Steel, a custom fabrication and machine shop in Sault Ste. Marie, Ont., recently added a 90KSI Jet Edge waterjet cutting machine capable of cutting most materials up to 24 x 13 ft.

Cliffs Natural Resources Reports Second Quarter 2011 Results

28 July 2011 - Cliffs Natural Resources reported net income attributable to Cliffs' common shareholders of $408 million on record consolidated revenues of $1.8 billion for the second quarter ended June 30, 2011.

Allegheny Technologies Announces Second Quarter 2011 Results

28 July 2011 - Allegheny Technologies reported net income of $64.0 million on sales of $1.35 billion for the second quarter, and net income of $120.3 million on sales of $2.58 billion for the first six months of 2011.

ThyssenKrupp VDM Further Develops Alloy 31 Material

28 July 2011 - ThyssenKrupp VDM has further developed its tried-and-tested material Alloy 31 and claim to have improved upon its properties. The new Nicrofer 3426 hMo occupies a position between high-alloy nickel materials and stainless steels and is a superaustenitic.

SMS Siemag Acquires Gesellschaft für aero- und thermodynamische Verfahrenstechnik

27 July 2011 - Gesellschaft für aero- und thermodynamische Verfahrenstechnik, gatv, a German company specializing in aerodynamic and thermodynamic process engineering, was incorporated into SMS Siemag on July 1. Employees are being integrated as a separate department into the newly created "Thermal Processing Engineering" Division.

SMS Siemag to Supply Pickling Line/Tandem Cold Mill to JSW Steel

27 July 2011 - JSW Steel Ltd. has placed an order with SMS Siemag for the supply of a pickling line/tandem cold mill at its location in Toranagallu Vidyanagar (Bellary), India. The mill will have an annual capacity of 2.3 million tonnes of cold strip in widths up to 1890 mm.

USW Members Reject New Contract at ATI

27 July 2011 - United Steelworkers members have rejected a four-year contract with Allegheny Technologies that would have covered represented employees at ATI Allegheny Ludlum and ATI’s Albany, Ore., titanium operations.

Timken, Partners Break Ground on Wind Energy R&D Center

27 July 2011 - Timken, Stark State College and the Stark County Port Authority officially broke ground this week on a Wind Energy Research and Development Center, America's first R&D center for large wind-turbine gearbox systems.

AK Steel Reports Second Quarter 2011 Results

27 July 2011 - AK Steel reported net income of $33.1 million on net sales of $1,791.9 million for the second quarter and net income of $41.8 million on net sales of $3,373.0 million for the first six months of 2011.

Harsco to Provide Services to New Vallourec & Sumitomo Tubos do Brasil Facility

26 July 2011 - Harsco Corp. has been awarded a new multi-year contract to support the new greenfield Vallourec & Sumitomo Tubos do Brasil steel complex in Brazil.

Tata Steel and Royal Academy of Engineering Establish New Chair at Warwick University

26 July 2011 - Tata Steel RD&T and the Royal Academy of Engineering are jointly funding a new Chair for research into Low Carbon Materials Technology at WMG at the University of Warwick. The two partners will put £600,000 into the new Research Chair.

U.S. Steel Reports 2011 Second Quarter Results

26 July 2011 - United States Steel reported net income of $222 million on net sales of $5.12 billion for the second quarter, and net income of $136 million on net sales of $9.98 billion for the first six months of 2011.

Metals USA Reports Q2 Sales and Volume Growth

26 July 2011 - Metals USA Holdings Corp. reported net sales for the second quarter of 2011, ended June 30, 2011, of $505.6 million, up 51% from a year ago. Net income for the second quarter was $21.5 million compared to $2.5 million for the same period in 2010.

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