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Latest News
Canadian Government Supports Steel-Trade Apprentices in Ontario
24 May 2010 - The Canadian Steel Trade and Employment Congress received $1.8 million last year, which helped retain and employ 140 workers in the steel industry. Now the Government of Canada is providing an additional $250,000 to help employers in the industry hire 50 new apprentices.
Olympic Steel Recognized for Safety Excellence
24 May 2010 - Olympic Steel, Inc. has been recognized for its adherence to excellence in safety by the Fabricators & Manufacturers Associations, International. Its facilities in Cleveland, Chicago, and Detroit received Safety Awards of Honor for perfect safety records with no recordable injuries or illnesses for the reporting period.
April World Crude Steel Output Nearly 36% above Last Year
21 May 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 121.65 million tonnes in April 2010 — a 0.4% decrease from the previous month (March 2010) and a 35.7% increase vs. April 2009.
Esmark Completes Acquisition of Five Midwest Service Centers
21 May 2010 - Esmark Steel Group completes its acquisition of five steel service centers in Illinois and Ohio from OAO Severstal.
ThyssenKrupp Expands Materials Services in Central and Eastern Europe
21 May 2010 - The ThyssenKrupp Group recently bought all shares of Techno-Stahl Stahlgroßhandel und Brennschneidbetrieb GmbH, a flame-cutting company with technical expertise in the area of processed flat products.
Posco Breaks Ground for Posco-CYPC in Yantai
21 May 2010 - Posco has started the construction of Posco-CYPC, a new Chinese processing center capable of processing 170,000 tons of steel products annually for local customers such as Shanghai GM and Geely, as well as Foxconn and Samsung Electronics.
Tenova Core to Supply Heat Treat Furnace for SSAB
21 May 2010 - Tenova Core will design and supply an austenitizing/tempering roller hearth furnace at SSAB’s Axis, Ala., plant.
HRH Prince Charles visits Teesside Cast Products
20 May 2010 - Corus CEO Kirby Adams and Managing Director Jon Bolton host His Royal Highness Prince Charles and a delegation from the Business in the Community charity during a tour of Teesside Cast Products on Wednesday, May 19.
ArcelorMittal Kryviy Rih Holds National Young Rollermen Contest
20 May 2010 - OJSC ArcelorMittal Kryviy Rih recently hosted a national contest in which teams of rollermen from four companies competed in terms of technology, safety and skills.
ThyssenKrupp Schulte Opens New Center in Bielefeld
20 May 2010 - ThyssenKrupp Schulte GmbH has opened a state-of-the-art flame cutting center that will produce finished parts tailored to customer requirements, mainly from structural steels, boiler plate, wear-resistant steels and special structural steels up to grade S 960 QL.
Industry Task Force Applauds UL Action on Electrical Metallic Tubing from China
20 May 2010 - Members of the Committee on Pipe and Tube Imports and its Customs Task Force are applauding recent efforts by Underwriters Laboratories to notify the public about unsafe Chinese electrical metallic tubing.
Praxair Canada to Supply Essar Steel Algoma
20 May 2010 - Praxair Canada and Essar Steel Algoma sign a long-term supply agreement for the design and construction of a cryogenic air separation plant that will supply 900 tons per day of gaseous oxygen to Algoma’s Sault Ste. Marie steelmaking plant.
Siemens Starts up New Plate Mill for Jinan Iron & Steel
19 May 2010 - Jinan Iron & Steel expands its plate production in Jigang with start-up of a new 4.3-meter plate mill from Siemens VAI Metals Technologies.
Tube City IMS UK Receives Contractor of the Year Award from Corus
19 May 2010 - Tube City IMS subsidiary Tube City IMS UK has been awarded the designation "Contractor of the Year" from its major customer, Corus.
Service Center Metal Shipments Maintain Momentum through April
19 May 2010 - April shipments of steel and aluminum from U.S. and Canadian metals service centers continued to build on this year’s growing upward momentum, according to the latest Metals Activity Report from MSCI.
Commercial Metals Issues Third Quarter Guidance
19 May 2010 - Commercial Metals is estimating that third-quarter results will range from breakeven to a $0.10 per share loss, up from a loss of $1.53 per share in the previous quarter.
Vallourec Welcomes President Barack Obama to its V & M Star Plant in Youngstown
19 May 2010 - Vallourec welcomes U.S. President Barack Obama to its Vallourec and Mannesmann Star facility in Youngstown as part of the President’s ‘Main Street’ tour.
March Steel Shipments up 21.2% from February
18 May 2010 - U.S. steel mills shipped 7,646,938 net tons for the month of March 2010, a 21.2% increase from the 6,311,076 net tons shipped in the previous month according to the latest report from AISI.
Commerce Finds Dumping, Subsidization of PC Strand from China
18 May 2010 - In the antidumping duty investigations on imports of prestressed concrete steel wire strand from China, the Department of Commerce has determined that Chinese producers/exporters have sold the product in the U.S. at 42.97 to 193.55%. In the countervailing duty case, Commerce determined that Chinese producers/exporters have received net countervailable subsidies ranging from 8.85 to 45.85%.
NLMK to Acquire Kaluga Electric Steelmaking Plant
18 May 2010 - NLMK recently purchased a 100% stake in CJSC Kaluga Electric Steelmaking Plant from LLC Metallurgical Holding to advance the development strategy of its Long Products Division.
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