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SMS Siemag Commissions Slab Caster for Bhushan Steel
08 August 2011 - SMS Siemag, Germany, has successfully commissioned a single-strand continuous slab caster for Bhushan Steel Ltd. at its Angul, Orissa, location.
Evraz to Expand Portland Tubular Operations
08 August 2011 - Evraz Group plans to expand Evraz Inc. NA’s structural tubing facility in Portland, Ore., to add capacity to manufacture API-certified pipe. The expansion is scheduled for completion by August 2012.
Rio Tinto and Jindal Steel and Power Agree to Advance HIsmelt
08 August 2011 - Rio Tinto has signed an MoU with Jindal Steel and Power Ltd. (JSPL) that involves the relocation of the existing Kwinana HIsmelt plant from Australia to India at JSPL's existing facility in Angul, Orissa. JSPL and Rio Tinto will work together to further develop and market the technology.
Latrobe Specialty Negotiates Wage Re-opener with Local 1537
08 August 2011 - United Steelworkers’ Local 1537 overwhelmingly approved a tentative agreement with Latrobe Specialty Metals Co. on Saturday, July 30th.
Northwest Pipe Reports Q2 2011 Results
08 August 2011 - Northwest Pipe Co. announced net income of $5.4 million on net sales of $143.8 million for the second quarter, and net income of $8.9 million on net sales of $255.3 million for the first six months of 2011.
Mechel Appoints CEO for Mechel-Energo OOO
05 August 2011 - Mechel OAO announced the appointment of Anatoly Merzlyakov as the new Chief Executive Officer of Mechel-Energo OOO.
Posco-IPPC Operating New Design Center in Pune, India
05 August 2011 - Posco-IPPC (India Pune Processing Center) has begun to operate an electric transformer design center to provide the highest possible level of customer satisfaction for small- and medium-sized producers of electric transformers.
Tata Steel to Invest £7 million in Hartlepool
05 August 2011 - Tata Steel plans to improve productivity and customer service at its Hartlepool site in the U.K. by investing in enhanced welding and material handling capability. Installation and commissioning of a new plant and equipment is scheduled for the first six months of 2012.
Evraz Increases 2Q 2011 EBITDA Guidance
05 August 2011 - Evraz Group is increasing its EBITDA guidance for 2Q 2011 to US$875-950 million from a previously announced guidance range of US$750-825 million.
Gerdau Reports 2nd Quarter Results
05 August 2011 - Gerdau's consolidated sales volume reached 4.9 million tonnes in the second quarter of 2011, an increase of 12% vs. the 2Q 2010, expanding the company's total net income to R$9 billion, a 9% increase compared to a year ago.
Reliance Steel & Aluminum Acquires Continental Alloys & Services
04 August 2011 - Reliance Steel & Aluminum has completed its acquisition of the outstanding capital securities of Continental Alloys & Services, Inc., and certain affiliated companies.
Russel Metals Announces Strong 2nd Quarter Results
04 August 2011 - Russel Metals announced earnings of $31 million on revenues of $619 million for the second quarter, and net earnings of $64 million on revenues of $1.3 billion for the first six months of 2011.
NLMK Creates US and European Business Divisions
04 August 2011 - NLMK has created two new business divisions, NLMK Europe and NLMK USA, following the company’s July 1 acquisition of the rolling business of Steel Invest and Finance.
Steel Import Permits Down 13% in July
04 August 2011 - Steel import permit applications reached 2,447,000 net tons for the month of July, a 13% decrease from the 2,797,000 permit tons recorded in June according to the latest report from AISI.
Government of Zimbabwe, Essar Africa Holdings Announce New Steel and Mining Entity
04 August 2011 - Government of Zimbabwe and Essar Africa Holdings Limited announce the launch of NewZim Steel Private Limited and NewZim Minerals Private Limited.
Wheels Task Force to Develop Lightweight Steel Wheel
03 August 2011 - The Steel Market Development Institute’s Wheels Task Force will begin a project to develop a lightweight high-strength steel wheel, with a cost-effective design and manufacturing process, to showcase the benefits to automotive manufacturers and consumers.
Olympic Steel Announces Management Changes
03 August 2011 - Olympic Steel, Inc. announced a series of management changes, beginning with the promotion of Andrew S. Greiff to the newly formed position of President of Specialty Metals.
Tenova Reaches 100% Ownership In Tenova Multiform
03 August 2011 - Tenova has reached 100% equity ownership in Tenova Multiform, the joint venture company within the Strip Processing Lines and Cold Rolling Mills business in India, established in 2009.
Tenova Implements New Corporate Structure
03 August 2011 - Due to strong growth during the past decade, Tenova has decided to implement a new structure, splitting the Group into two divisions: Tenova Iron & Steel and Tenova Mining & Metals.
Posco Starts Construction on Integrated Steel Mill in Indonesia
03 August 2011 - Posco has started construction of the main facilities on a new integrated steel mill planned for Cilegon, Indonesia. The project is being executed by a 70:30 joint venture between Posco and Indonesia’s state-run steelmaker, Krakatau Steel.
