Steel News

Mechel Announces Launch of E-Commerce System B2B-Mechel

04 May 2011 - Mechel OAO announced the launch of B2B-Mechel, an electronic trading system that will enable the company to automate all aspects of the purchase process.

Interruption of Operations at Severstal Columbus

04 May 2011 - Electrical power was interrupted at the OAO Severstal’s Columbus plant in Mississippi as a result of a severe storm earlier this week.

ThyssenKrupp Makes Donation for Alabama Disaster Relief

04 May 2011 - ThyssenKrupp Steel USA is donating $10,000 on behalf of its team to the Alabama Gulf Coast Red Cross Chapter earmarked specifically for disaster relief efforts in northern Alabama as a result of recent tornadoes.

Sumitomo’s Kashima Steelworks Moves toward Normal Blast Furnaces Operation

04 May 2011 - Sumitomo Metal Industries’ Kashima Steelworks has now opened all the tuyeres of its two blast furnaces for the first time since they were struck March 11 by the Great East Japan Earthquake.

AK Steel Announces June 2011 Surcharges

03 May 2011 - AK Steel says it will add a $435 per ton surcharge to invoices for electrical steel products shipped in June 2011.

SSAB Announces Changes in Group Executive Committee

03 May 2011 - SSAB announced a change to its Group Executive Committee following the departure of SSAB Americas President David Britten.

TMK Ipsco Breaks Ground on R&D Center

03 May 2011 - TMK Ipsco has broken ground on a new 51,000 square-foot Research & Development Center in Houston, Tex., that will house its innovation initiatives, including new product design and development, experimental and validation testing, and advanced metallurgical research.

Essar Steel Algoma Names Hrusovsky as Chief Executive Officer

03 May 2011 - Essar Steel Algoma’s Board of Directors announces the pending appointment of James Hrusovsky, former CEO of Severstal Columbus, as the company’s new Chief Executive Officer.

Carpenter Technology to Expand Reading Facility

03 May 2011 - Carpenter Technology Corp. announced a significant expansion project at its Reading, Pa., facility that will allow for the installation of two additional Electroslag Remelting Furnaces and increase capacity for Forge Finishing and Annealing operations.

ThyssenKrupp Moves Ahead with Sale of Metal Forming Group

03 May 2011 - ThyssenKrupp and Gestamp Automoción S.L. have signed the sale and purchase contract for the transfer of the Metal Forming Group.

BHP Billiton Approves Samarco Expansion

02 May 2011 - BHP Billiton announced that the partners of Samarco had approved the US$3.5 billion Fourth Pellet Plant Project at Samarco (Brazil). The expansion will increase Samarco iron ore pellet production capacity by 8.3 million tonnes.

Allegheny Technologies Announces Chairman, Executive Appointments

02 May 2011 - Allegheny Technologies Inc. announced that Richard J. Harshman, 54, has officially taken over as Chairman, President and Chief Executive Officer of ATI succeeding L. Patrick Hassey who has retired. The company also announced a number of executive title changes.

China Steel Signs Partnership Agreement with JAC Motor

02 May 2011 - China Steel Corp. has signed a strategic partnership agreement with JAC Motor targeting the annual supply of more than 20,000 tonnes of cold rolled products beginning in 2012.

U. S. Steel Announces Vice President - Tubular Technology & Business Development

02 May 2011 - David L. Britten will join U. S. Steel effective May 3, 2011, to serve in the newly created position of Vice President – Tubular Technology & Business Development.

Vale Commences Pellet Production in Oman

02 May 2011 - Vale has started pellet production at its first pelletizing plant of its industrial complex in the coastal city of Sohar, Sultanate of Oman. The US$1.356 billion plant and distribution center will serve as a hub supplying iron ore products in the Middle East, North Africa, and India.

ThyssenKrupp Awards Four Refractory Contracts to Magnesita

02 May 2011 - ThyssenKrupp awards four contracts to Magnesita Refratários for provision of refractory solutions at its Beeckerwerth, Bruckhausen, and HKM integrated facilities in Germany, as well as its CSA facility in Brazil.

Hertwich Commissions Billet Saw at Weseralu

29 April 2011 - Hertwich Engineering successfully commissioned a billet saw at Weseralu GmbH in Minden, Germany. During a revamp of the press works, Weseralu invested in a saw for round billets to perform the cutting-to-length operation in-house in the future.

Metinvest to Launch BOF Steel Rail Production at Azovstal

29 April 2011 - Metinvest is launching BOF steel rails production at Azovstal Iron and Steel Works. The manufacturing procedure for the rails production has been approved by Azovstal’s strategic partner, Ukrainian Rail monopoly Ukrzaliznytsya.

Universal Stainless Reports First Quarter 2011 Results

29 April 2011 - Universal Stainless & Alloy Products, Inc. reported that sales for the first quarter of 2011 were $59.8 million, an increase of 72% from the first quarter of 2010 and up 16% from the 2010 fourth quarter. Net income for the first quarter was more than triple the level of last year's first quarter and up 25% from the fourth quarter of 2010.

Kobe Steel Reports Project Status of Mesabi Nugget ITmk3 Plant

29 April 2011 - During recent operations, Mesabi Nugget, the world's first commercial plant using the ITmk3® Process, has reached 80% nugget productivity and plant availability has improved to 85%.