Steel News

U.S., Canadian Metals Shipments Hold Steady in March

20 April 2011 - March shipments of steel and aluminum products from U.S. and Canadian metals service centers showed continued steady growth from the previous year, according to MSCI’s latest Metals Activity Report.

Outokumpu to Supply Stainless Steel for New Myllysilta Bridge in Turku

20 April 2011 - Outokumpu will supply duplex stainless steel for cladding on the new Myllysilta Bridge that is to be constructed in Turku, Finland.

worldsteel Announces new Director General

20 April 2011 - The worldsteel Board of Directors has formally approved the appointment of Edwin Basson as Director General of the World Steel Association, effective from August 2011.

Ruukki to Supply Steel Frame, Envelope Structures for Shopping Center in Finland

20 April 2011 - Rautaruukki will design, manufacture and install the steel frame and envelope structures for the Tervaskangas shopping center in Kouvola, Finland.

JFE Steel to Supply 13% Chrome Line Pipe for In Salah Gas Development

20 April 2011 - JFE Steel Corp. has been awarded orders to supply line pipe for four new gas fields at the In Salah Gas Southern Fields Development Project in Algeria.

Steel Dynamics Reports Significantly Stronger First Quarter 2011 Results

19 April 2011 - Steel Dynamics reported first quarter net income of $106 million on net sales of $2.0 billion.

Timken Increasing Capacity Across its Steel Plants

19 April 2011 - The Timken Company announced it will increase its annual steelmaking capacity by 120,000 tons across its steel manufacturing facilities in Canton, Ohio.

February Steel Shipments Down 7.5% from January

19 April 2011 - U.S. steel mills shipped 6,967,481 net tons for the month of February 2011, a 7.5% decrease from the 7,528,655 net tons shipped in the previous month, according to the latest report from AISI.

worldsteel Presents Short Range Outlook

19 April 2011 - The World Steel Association is forecasting that apparent steel use will increase by 5.9% to 1,359 million tonnes in 2011, and by 6.0% in 2012 to reach a new record of 1,441 million tonnes.

NLMK Group’s VIZ-Stal to Launch HP Transformer Steel Production

19 April 2011 - NLMK Group is proceeding with plans to master the production of high-permeability transformer steel, including the launch of a 70,000 tonne/year HPS facility by its fully owned Urals-based VIZ-Stal subsidiary.

MMK Boosts Shipments to Russian Automakers

18 April 2011 - Magnitogorsk Iron and Steel Works nearly doubled its shipments to the domestic car making sector in 2010 compared to 2009.

Novolipetsk Wins All-Russian Environmental Competition

18 April 2011 - Novolipetsk has been honored as one of Russia’s Top 100 – Ecology and Environmental Management for its environmental activity in 2010.

Tenova Core to Supply Walking Beam Furnace for Gerdau Ameristeel

18 April 2011 - Gerdau Ameristeel has contracted Tenova Core to design and supply a 140 tonnes/hour walking beam reheat furnace at Gerdau’s Calvert City, Ky., facility.

Steel Dynamics, LaFarga Create Copper Wire Rod Venture

18 April 2011 - Steel Dynamics, Inc. and LaFarga Group are creating a new partnership that will utilize recycled copper scrap to produce higher-margin copper wire rod.

Posco’s ZPSS Produces First Coil on No. 2 Cold Mill

18 April 2011 - Zhangjiagang Pohang Stainless Steel Co. Ltd. has produced its first coil product on its new No. 2 cold rolling mill.

Siemens to Supply Shougang Jingtang with Automation, Electrical Equipment

15 April 2011 - Shougang Jingtang United Iron & Steel has contracted Siemens to supply drive, electrical, and automation equipment for a continuous annealing line and a double-stand cold reduction mill in cold rolling mill no. 3. Commissioning is scheduled for August 2013.

Shougang Jingtang Orders Third Continuous Annealing Line from SMS Siemag

15 April 2011 - Shougang Jingtang has ordered from SMS Siemag a continuous annealing line that will produce tinplate, which will then be electroplated and used as packaging material. The line is scheduled to go into operation in mid-2013.

ThyssenKrupp Starts Coated Production

15 April 2011 - ThyssenKrupp Steel USA recently started production of its first coated prime coil on hot dip galvanizing line (HDGL) number 1. The HDGL lines are the last of the carbon steel start-up’s mills to begin production.

Essar Steel Commissions Compact Strip Production Mill

15 April 2011 - Essar Steel has commissioned its Compact Strip Production mill with a capacity of 3.5 million tonnes per annum (MTPA), which is part of the company’s plans to expand its steel production capacity at its Hazira complex from 4.6 to 10 MTPA.

Steel Dynamics Names Millett President and COO

15 April 2011 - Steel Dynamics, Inc.’s board of directors has approved the appointment of Mark D. Millett to the new position of President and Chief Operating Officer, effective immediately. Richard P. Teets Jr. will continue as Executive Vice President and President and COO of Steelmaking.