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Steel Dynamics Reports 2nd Quarter 2011 Results

19 July 2011 - Steel Dynamics reports net income of $99 million on net sales of $2.1 billion for the second quarter.

Metinvest Expands In-House Production of Coking Coal

19 July 2011 - Metinvest announced plans to increase its in-house production of coking coal, following the commissioning of Affinity Mine, owned by its subsidiary United Coal Co. The planned capacity of this coal mining unit will amount to 1.9 million tonnes of high-quality coking coal.

May Steel Shipments up 1.7% from April

19 July 2011 - U.S. steel mills shipped 7,380,064 net tons for the month of May 2011, a 1.7% increase from the 7,258,534 net tons shipped in the previous month according to the latest report from AISI.

Baosteel Ranks 16 on 2011 Fortune 500 Chinese Enterprises

18 July 2011 - Baosteel was ranked No. 16 in the 2011 Fortune 500 Chinese enterprises, which Fortune released last week on its Chinese website.

MMK Launches First Stage of New Cold Rolling Complex

18 July 2011 - Magnitogorsk Iron and Steel Works (MMK) recently launched its Mill 2000 project, the first stage of a new cold rolling complex with 2 million tonnes-per-annum capacity of finished products.

Siemens VAI to Modernize Hot-Rolling Mill at Hoesch Hohenlimburg

18 July 2011 - Siemens received a contract from Hoesch Hohenlimburg GmbH to modernize the medium-wide-strip hot-rolling mill at the company's Hagen location. The project is scheduled for completion by mid-January 2013.

Blanco CS Selects ThyssenKrupp Nirosta as ‘Supplier of the year’

18 July 2011 - Blanco CS honors ThyssenKrupp Nirosta with its Supplier Award 2011 in recognition of consistent quality, delivery performance, dependability and flexibility.

Metinvest to Revamp Heavy Plate Mill, Expand High-Strength Product Mix

18 July 2011 - Metinvest is proceeding with the active phase of its $63-million project to revamp the Heavy Plate Mill 3600 at its Azovstal Iron & Steel Works, including the installation of a hot plate leveler, automatic gauge control, and an accelerated cooling unit.

Ruukki to Supply Steel Structures for Kaunisvaara Iron Ore Mine

15 July 2011 - Rautaruukki has signed a contract with Peab AB of Sweden to manufacture and install the steel structures for the concentration mill and stockpile buildings at the Kaunisvaara iron ore mine in Pajala, Northern Sweden. Delivery is scheduled to begin in September.

SMS Meer to Expand Mönchengladbach Site

15 July 2011 - SMS Meer is investing around 60 million euros in the expansion of its Mönchengladbach site in Germany by 2015 to increase productivity, reduce delivery times, and safeguard jobs over the long term.

Reliance to Acquire Continental Alloys & Services

15 July 2011 - Reliance Steel & Aluminum Co. has reached an agreement to purchase all of the outstanding capital securities of Houston, Tex.-based Continental Alloys & Services, Inc. and certain affiliated companies. The transaction is expected to be finalized within 30 days.

Steel Dynamics Names Rinn Executive VP of Metals Recycling

15 July 2011 - Steel Dynamics announces the appointment of Russell B. Rinn as Executive Vice President of Metals Recycling and President and Chief Operating Officer of OmniSource Corp.

voestalpine Director Honored as Best Environmental Manager of 2011

15 July 2011 - The director of Strategic Environmental Management at voestalpine, Hannes Sigmund, was honored at this year’s EMAS Conference as the Best Environmental Manager of 2011. The award recognizes his dedication to the environment and comprehensive activities in cross-vocational environmental protection.

Ruukki Makes First Deliveries of Steel Structures for Offshore Wind Farm

14 July 2011 - Ruukki has delivered, from its Kalajoki plant, the first batch of steel structures for offshore wind tower foundations to the Norwegian company Kvaerner Verdal AS. Deliveries for the Nordsee Ost offshore wind farm project in the North Sea will continue until summer 2012.

Siemens to Supply Long Product Mills for Evraz Plants in Russia, Kazakhstan

14 July 2011 - Evraz Group has placed orders with Siemens VAI Metals Technologies to supply long product rolling mills for two of the company’s new production facilities.

Severstal North America to Receive $730 Million Loan from DOE

14 July 2011 - Severstal North America has received a conditional commitment for a $730 million loan from the U.S. Department of Energy.

Posco Secures 100% Ownership of South Africa-Based Poschrome

14 July 2011 - Posco signs a MoU with JV partner Samancor Chrome to secure 100% ownership of South African ferrochrome manufacturer Poschrome.

Siemens to Supply Long Product Mills for Evraz Plants in Russia, Kazakhstan

14 July 2011 - Evraz Group has placed orders with Siemens VAI Metals Technologies to supply long product rolling mills for two of the company’s new production facilities.

Randstad Honors SAIL for HR Practices, Employer Branding

14 July 2011 - Maharatna Steel Authority of India Limited was recently honored with the prestigious Randstad Award for 2011.

Sumitomo Metals Receives Order for H-SA700 Ultrahigh Tensile Strength Steel

13 July 2011 - Sumitomo Metal Industries, Ltd. has received the first order for its ultrahigh tensile strength steel, H-SA700, from Obayashi Corp. for construction of a “Techno Station” main building at its Technical Research Institute. Sumitomo Metals also independently developed a process innovation for this material: the preheating for welding can be omitted.

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