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Olympic Steel to Add Service Center in Kentucky

27 August 2010 - Olympic Steel has purchased a service center facility in Mount Sterling, Ky., that it will use to perform plate burning, machining, forming, and shot blasting.

AK Steel Celebrates Bricklaying Ceremony for New SunCoke Plant

26 August 2010 - AK Steel held a ceremonial bricklaying for the new $360-million SunCoke Energy plant that will be built adjacent to AK Steel's Middletown Works in Middletown, Ohio.

Tenova to Supply Roll Shop for Bokaro Steel Plant

26 August 2010 - Tenova S.p.A’s Pomini Roll Grinder business unit recently signed a turnkey contract with SAIL - Bokaro Steel Plant for the supply of roll shop equipment for the upcoming new cold rolling mill complex, which will have an annual production capacity of 1,200,000 tonnes.

Grupo Simec Receives NYSE Amex Delinquency Notice

26 August 2010 - Grupo Simec S.A.B. de C.V. received written notice from NYSE Amex LLC, indicating that the company was not in compliance with the Exchange’s continued listing criteria. The company has not filed its Annual Report on Form 20-F for the year ended December 31, 2009.

Salzgitter Flachstahl Contracts SMS Siemag to Implement Near-Net Caster

26 August 2010 - Salzgitter Flachstahl GmbH has placed an order with SMS Siemag for the construction of a near-net-shape caster in Peine, Germany. This will be the first time the casting concept has been implemented on an industrial scale, enabling the casting of HSD steels.

Siemens Receives Order from Gerdau Açominas for Rolling Mills

26 August 2010 - Gerdau Açominas has ordered a plate mill and a Steckel mill from Siemens VAI Metals Technologies, to be constructed at Ouro Branco in the state of Minas Gerais, Brazil. A second strand will also be added to the existing Siemens VAI continuous slab caster that initiated production a year ago.

Baosteel Xinjiang Bayi Steel Accelerates Coke Production Capacity

26 August 2010 - Bayi Steel Coking Coal Group is accelerating the capacity expansion of each of its mines, with the aim of increasing coal production capacity to 7 million tonnes in the next three years.

Green Initiatives Discussed at Posco Meeting

25 August 2010 - Posco recently held its first Posco Family Green Growth Committee meeting to check the current status and pending plans for its “green” projects and to prepare countermeasures to greenhouse gas regulations.

Preliminary Steel Imports up 19% in July

25 August 2010 - The U.S. imported a total of 2,415,000 net tons of steel in July, up 19% from June data, according to the latest report from AISI. Finished steel imports were up 15% from June data.

Gerdau Ameristeel Shareholders Approve Gerdau’s Acquisition of Remaining Shares

25 August 2010 - Gerdau Ameristeel's shareholders approve Gerdau SA’s acquisition of all remaining common shares of Gerdau Ameristeel for US$11.00 in cash per common share. Once completed, the deal will make Gerdau Ameristeel a wholly owned subsidiary of Gerdau.

Air Products to Build Third Air Separation Unit at ArcelorMittal Belgium

25 August 2010 - Air Products will build a third on-site air separation unit at ArcelorMittal’s Gent site as part of a new long-term contract to supply oxygen, nitrogen and argon to ArcelorMittal Belgium NV.

Vale Comes to Agreement with Liberia on Infrastructure Development

24 August 2010 - VBG - Vale BSGR Ltd. entered into an agreement with the government of the Republic of Liberia, laying down the main terms and conditions to be included in a definitive agreement on an infrastructure project to be implemented by a Liberian subsidiary of Vale BSGR.

Tata Steel Begins Construction of Gopalpur Industrial Park

24 August 2010 - Tata Steel has broken ground for the Gopalpur Industrial Park in southern Odisha. The company has proposed anchor investments of Rs 1000 crore for a 50,000-tonnes-per-annum Ferro Chrome Plant and a 400,000-tonnes-per-annum Rebar Steel Mill at the park.

AK Steel Names New VP of Sales and Customer Service

24 August 2010 - AK Steel has named Gary T. Barlow as Vice President, Sales and Customer Service, effective September 1, 2010. Barlow succeeds Douglas W. Gant, who is retiring after 30 years of service to the company.

SAIL Commissions Second Ladle Furnace at Rourkela Steel Plant

24 August 2010 - Steel Authority of India Ltd. Chairman C.S. Verma has inaugurated the second ladle furnace of Steel Melting Shop-II at Rourkela Steel Plant. The 150-tonne ladle furnace will enhance the production capacity from the current 1.68 million tonnes per annum to 1.85 million tonnes of liquid steel per annum.

Russel Metals to Streamline Long Products Operations in Ontario

24 August 2010 - Russel Metals announces plans to combine its Ontario structural steel and other long products operations in its Cambridge facility, resulting in closure of its Port Robinson facility.

Siemens to Supply Water Treatment Plant for New Minimill in Slovakia

24 August 2010 - Slovakia Steel Mills has placed an order with Siemens to supply a water treatment plant to process water for direct and indirect cooling at the company’s new minimill in Strážské, which is designed to produce around 600,000 tonnes of structural steel per year.

World Crude Steel Production Dips 3.3% in July, Beats Year-Earlier Total

23 August 2010 - World crude steel production for the 66 countries reporting to the world steel association stood at an estimated 114.79 million tonnes in July 2010 — a 3.3% decrease from the previous month (June 2010) and an 9.6% increase vs. July 2009.

Stainless Steel Imports up 60% Through May 2010

23 August 2010 - Total stainless steel imports reached 235,739 tons in YTD May 2010, 60.0% increase compared to the comparable year-ago period according to the latest report from SSINA. Total specialty steel imports were up 46.7% through the same period.

Siemens to Modernize Shanxi Taigang Stainless Hot Strip Mill

23 August 2010 - Siemens VAI Metals Technologies GmbH will modernize Taigang Group’s hot strip mill at Shanxi Taigang Stainless Steel, including upgrades to the finishing mill and laminar-cooling line.

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