Steel News

CMC Announces New President and Chief Operating Officer

08 April 2011 - Commercial Metals Company announced the promotion of Joe Alvarado to the position of President and Chief Operating Officer.

Latrobe Specialty Steel to Expand in Wauseon

08 April 2011 - Latrobe Specialty Steel will use a Contingency Grant recently awarded by the Ohio Department of Development to purchase and install technologically advanced hydrogen atmosphere furnaces at its Wauseon, Ohio, facility.

ALJ Releases Second Quarter Revenue Performance

08 April 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $40.3 million for the second quarter and revenue of $73.0 million for the six months ended March 31, 2011.

Essar Steel Enhances Processing Capacity at Pune, Bahadurgarh

08 April 2011 - The Essar Steel Processing & Distribution Facility at Bahdurgarh and Pune recently each added a world-class slitting line for thicker hot rolled steel coils.

Broner Completes Scheduling Project for ArcelorMittal Galati Plate Mill

07 April 2011 - Broner Metals Solutions completes project to provide Tracking and Order Scheduling solutions for the Heavy Plate Mill of ArcelorMittal Galati in Romania.

Posco Completes Thick Steel Plate Plant in Gwangyang

07 April 2011 - Posco recently completed construction of a new thick steel plate plant in Gwangyang Steelworks that will make the company the largest steel plate producer with an annual production capacity of 7 million tons.

Steel Import Permits Up 24% in March

07 April 2011 - Steel import applications reached a total of 2,378,000 net tons for the month of March, a 24% increase from the 1,914,000 permit tons recorded in February according to the latest report from AISI.

MMK Completes First Phase of Equipping Mill 2000

07 April 2011 - Magnitogorsk Iron & Steel Works has assembled the first phase of technological equipment at its Mill 2000.

Outokumpu Announces Plans to Improve Efficiency

07 April 2011 - Outokumpu announced plans to implement actions to improve profitability, gain more efficiency and remove overlapping activities in sales, supply chain and supporting functions in Europe.

Siemens to Equip New Steel Mill for Qatar Steel

06 April 2011 - The Qatar Steel Company awarded a contract to Siemens VAI Metals Technologies for the supply of a new EAF, ladle furnace and billet caster for a new steel mill in Mesaieed, Qatar.

Metinvest to Improve the Efficiency of its Steelmaking Facilities

06 April 2011 - Metinvest is planning to improve the efficiency of its Yenakiieve Iron and Steel Works by improving the administration and management of its production sites.

OJSC ArcelorMittal Kryviy Rih Names Chief Production Officer

06 April 2011 - OJSC ArcelorMittal Kryviy Rih has appointed Aleksandr Ioskov to the position of Chief Production Officer.

Mechel Announces New Management Appointment

06 April 2011 - Mechel OAO announces the appointment of Mikhail Urvantsev to the newly created position of Vice-President for Commercial Activities.

Posco to Add FINEX Plant, Wire Rod Plant, Stainless Steel Plant

06 April 2011 - Posco announced plans to establish its fourth FINEX plant, third wire rod plant and a new stainless steel plant at its Pohang Works.

Sandvik Materials Technology Names New President

05 April 2011 - Sandvik Materials Technology announces the appointment of Jonas Gustavsson as the new President of the business area effective May 1, 2011.

Schnitzer Reports Strong 2nd Quarter Fiscal 2011 Financial Results

05 April 2011 - Schnitzer Steel Industries reported $1.10 diluted earnings per share from continuing operations for its fiscal 2011 second quarter ended February 28, 2010, a 77% increase from $0.62 diluted earnings per share for the year-ago second quarter.