Steel News

Schneider Electric Names NLMK’s Trading Company as Preferred Supplier

11 May 2011 - Schneider Electric has chosen Novex Trading SA, a trading company within NLMK Group, as a preferred supplier.

Northwest Pipe Reports Q1 2011 Results

11 May 2011 - Northwest Pipe has filed its first-quarter Quarterly Report on Form 10-Q with the SEC, in which it reported net income of $3.6 million on sales of $111.5 million.

SAIL Subsidiary MEL to Expand Ferro-Alloy Production

10 May 2011 - SAIL Chairman Mr. C.S. Verma has advised the management of SAIL subsidiary Maharashtra Elektrosmelt Ltd. to draw up an expansion plan targeting 100% fulfillment of SAIL’s integrated steel plants’ requirements for ferro-alloys.

Cliffs Resumes Underground Mining at Oak Grove Mine

10 May 2011 - Power has been fully restored and underground mining has resumed at Cliffs Natural Resources’ Oak Grove Mine in Alabama, which was struck by severe weather in late April.

Chinese Ministry of Commerce Okays Cliffs Acquisition of Consolidated Thompson

10 May 2011 - The Chinese Ministry of Commerce has cleared Cliffs Natural Resources’ proposed acquisition of Consolidated Thompson Iron Mines Limited.

Allegheny Technologies Completes Acquisition of Ladish

10 May 2011 - Allegheny Technologies has completed its acquisition of Ladish Co., Inc. in accordance with the agreement and plan of merger adopted by Ladish shareholders at a special meeting held on May 6, 2011.

Executive Board Sets Strategic Course for ThyssenKrupp

10 May 2011 - The Executive Board of ThyssenKrupp AG has decided on extensive measures regarding the further strategic development of the Group, which involves focusing the company’s portfolio and discarding business activities for which alternative options are more suitable.

Posco-JNPC Conducts Disaster-Response Training

10 May 2011 - Posco-JNPC recently conducted two days of safety drills to bolster its contingency capability to swiftly react to natural disasters.

Cliffs Natural Resources Joins Ranks of the Fortune 500

09 May 2011 - Cliffs Natural Resources Inc. been added to the Fortune 500 list 2011, Fortune Magazine's annual ranking of America's largest companies by revenue.

Severstal Columbus Resumes Operations

09 May 2011 - OAO Severstal’s Columbus plant in Mississippi has resumed its steelmaking and rolling operations.

Tata Steel Invests in Steel Production at Scunthorpe Rod Mill

09 May 2011 - Tata Steel is investing £1.2 million in two new machines—one for testing and one for size and shape measuring—at its wire rod rolling mill in Scunthorpe to increase quality and efficiency, and to boost production of high-grade steels for the automotive sector, among others.

Eisenbahn und Häfen to Merge with ThyssenKrupp Steel Europe

09 May 2011 - Eisenbahn und Häfen GmbH, a major provider of logistics services in the ThyssenKrupp Group, is planned to be merged into parent company ThyssenKrupp Steel Europe AG in June 2011. The supervisory boards of the two companies have now approved the move.

Essar Steel to Supply Plates for Warship

06 May 2011 - Essar Steel’s plate products have now been approved by the Indian Navy, and the company has received an order from Mazagoan Dock to supply 13,000 tonnes of heavy plates to build ships for Defense.

Main Steel Receives Safety Awards from FMA

06 May 2011 - The Fabricators and Manufacturers Association recognizes Main Steel Polishing Company as a multiple winner of the 2011 FMA/CMA Safety Award.

Nucor’s Stratman Appointed AIST President for 2011–2012

06 May 2011 - The Association for Iron & Steel Technology announced the appointment of R. Joseph Stratman, Executive Vice President, Nucor Corp., as President of AIST for 2011–2012. The Association also announced its new executive committee and board of directors.

USW Membership Ratifies Agreement with RG Steel

06 May 2011 - Members of the United Steelworkers (USW) have ratified their new contract with RG Steel, which purchased USW-represented facilities from Severstal North America last month.

Commercial Metals Company Names New Chief Financial Officer

06 May 2011 - Commercial Metals Co announced that Barbara R. Smith will assume the role of Senior Vice President and Chief Financial Officer, succeeding Bill Larson who has been with CMC for twenty years.

Gibraltar Reports First Quarter Results

05 May 2011 - Gibraltar Industries reported GAAP income from continuing operations of $1.4 million on net sales of $163.6 million for the first quarter ended March 31, 2011.

Tata Steel Commissions Research that Reveals Kids’ Lack of Fitness

05 May 2011 - Research released to launch the Tata Kids of Steel triathlon series has revealed that more children prefer sedentary activities over physical activity. The survey of 1500 British 6- to 15-year-olds was commissioned by Tata Steel in partnership with British Triathlon.

SMDI Honors Heimbuch for Auto/Steel Partnership Role

05 May 2011 - The Steel Market Development Institute announced Dr. Roger Heimbuch as recipient of the 2011 Market Development Industry Leadership Award for his work in the Auto/Steel Partnership as well as his contributions to increasing the use of AHSS in the automotive marketplace.