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Latest News
Carpenter Technology Acquires Oilfield Alloys
28 June 2011 - Carpenter announced the acquisition of Singapore-based Oilfield Alloys Pte. Ltd., a manufacturer and distributer of directional drilling equipment in the Asia-Pacific region.
Sumitomo Metals to Acquire Standard Steel
28 June 2011 - Sumitomo Metal Industries, Ltd. and Sumitomo Corp. have agreed to acquire Steel Wheel Acquisition Corp., the parent company of Standard Steel, Inc. in the United States, for approximately US$340 million.
Posco Named World’s Most Competitive Steelmaker
27 June 2011 - World Steel Dynamics has named Posco as the most competitive steelmaker in the world for the second consecutive year.
USITC to Continue Cases on High Pressure Steel Cylinders from China
27 June 2011 - The USITC has found reasonable indication that a U.S. industry is materially injured due to imports of high pressure steel cylinders from China that are allegedly sold in the United States at less than fair value and subsidized by the government of China.
Severstal North America Honored for Steel Excellence
27 June 2011 - Severstal North America was named this year’s winner for Best Brownfield Technology in American Metal Market's 2011 Awards for Steel Excellence for the company’s efforts to remediate a steelworks site in Dearborn.
Agencies Deny Cliffs’ Remediation Plan for Pinnacle Mine
27 June 2011 - Regulatory agencies have denied a remediation plan submitted by Cliffs Natural Resources Inc. to address detected levels of carbon monoxide at the company's Pinnacle Mine in West Virginia.
Bricmont to Provide Melting, Holding Furnaces for Weiqiao Aluminum and Electricity
27 June 2011 - Bricmont, Inc. has been awarded a contract to supply eight high-production-capacity round top-charge aluminum melting furnaces and eight rectangular tilting holding furnaces for Weiqiao Aluminum and Electricity Company’s new production facility.
Schnitzer Honored as Scrap Company of the Year
24 June 2011 - Schnitzer Steel Industries was named ‘Scrap Company of the Year’ this week during American Metal Market's 2nd Annual Awards for Steel Excellence.
Metinvest Holds Anniversary Meeting with Partners
24 June 2011 - Metinvest recently held a reception for representatives of Ukrainian and international business in celebration of the company’s fifth anniversary.
Daewoo International to Start Myanmar Gas Project in 2013
24 June 2011 - Daewoo International is accelerating its pace of overseas resources development, including plans to embark on its Myanmar gas project from May 2013.
AISI Supports Legislation Strengthening OSHA’s Voluntary Protection Program
24 June 2011 - The American Iron and Steel Institute released letters endorsing the Voluntary Protection Program Act, recently introduced in the Senate (S. 807) and in the House (H.R 1511).
JSW Awards Two Environmental Solutions Contracts to Harsco
24 June 2011 - Harsco Corp. has been awarded two major new environmental solutions contracts by JSW Steel Ltd., one of India's largest steelmakers.
Mechel Wins Subsoil License for Pionerskoye Iron Ore Deposit
23 June 2011 - Mechel OAO has won the auction for the subsoil license for Pionerskoye iron ore deposit, which has estimated reserves of 137 million tonnes of iron ore with high iron content.
Tata Steel Announces Arbitration Settlement for Teesside Cast Products
23 June 2011 - Following a partial final award, Tata Steel has reached a commercial settlement to all disputes relating to the former offtake agreements.
Courts Dismiss Export Practices Charges against Outokumpu Oyj
23 June 2011 - Finnish courts dismiss charges pressed against Outokumpu and five of its employees for alleged money laundering in connection with export practices to Russia.
AK Steel Recognized for Operational Improvements at Butler, Zanesville
23 June 2011 - AK Steel has received an award from American Metal Market for ‘Best Operational Improvements’.
Mechel, Posco Management Sign Two Agreements
23 June 2011 - A meeting between the management of Mechel and Posco on June 21 resulted in the signing of the Framework Project Agreement and the Agreement on Construction of a Permanent Shift Worker Settlement for Elga Coal Complex.
Metinvest, Air Liquide Sign Long-Term Contract
22 June 2011 - Metinvest has signed a new long-term contract with Air Liquide for the supply of oxygen, nitrogen and argon for the company’s Yenakiievo I&SW facility in the Donetsk Region.
SMS Meer Supplies Seamless Tube Plant for Hengyang Valin
22 June 2011 - At the Hunan works of Chinese tube producer Hengyang Valin Steel Tube, erection has started of the new PQF® plant supplied by SMS Meer. The mill is designed for an annual capacity of 500,000 tonnes of seamless tubes in diameters up to 180 m.
Severstal NA Appoints Vice President, Strategy and Business Development
22 June 2011 - Severstal North America announced this week the appointment of Saikat Dey as Vice President, Strategy and Business Development.
