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Siemag to Provide Slab Grinding Machine for Outokumpu Stainless Oy

23 December 2008 - Outokumpu Stainless Oy, Tornio, places order with Siemag for a grinding machine designed to grind slabs at temperatures of up to 800°C.

World Steel Production Continues to Fall in October 2008

22 December 2008 - Figures released by the World Steel Association International show that world crude steel production for the 67 countries reporting stood at an estimated 100.5 million tonnes in October 2008 — 12.4% lower than for the same month of 2007, and 6.9% lower than the previous month, September 2008.

Tata’s Managing Director Honored by Indian Society for Quality

22 December 2008 - The Indian Society for Quality confers its Jamsetji Tata award on B Muthuraman, Managing Director of Tata Steel, for the year 2008.

Worthington Sells Share of Aegis Metal Framing Joint Venture

22 December 2008 - ABSTRACT: Worthington Industries subsidiary Dietrich Metal Framing signs agreement to sell its share of Aegis Metal Framing to its partner, MiTek Industries, for approximately $25 million.

SSAB to Build New R&D Facility for North American Division

22 December 2008 - ABSTRACT: SSAB announces plans to construct a research and development facility adjacent to its steel mill in Montpelier, Iowa, replacing the R&D lab that had been sold earlier this year along with SSAB's tubular operations.

World Steel Production Slumps through November 2008

22 December 2008 - ABSTRACT: Figures released by the World Steel Association International show that world crude steel production for the 67 countries reporting stood at an estimated 89.0 million tonnes in November 2008 — 19.0% lower than for the same month of 2007, and 10.3% lower than the previous month (October 2008).  

Horsehead Announces Plans to Reduce Costs

22 December 2008 - ABSTRACT: Horsehead announces plans to reduce its salaried workforce, idle its recycling facilities for a week, and undertake the majority of general contracting functions for the construction of its new South Carolina facility.

Siemag to Supply Automatic Coil Transport System for Severstal NA

22 December 2008 - ABSTRACT: Siemag will supply an automatic coil transport system to Severstal North America for handling steel coils between a new galvanizing plant and a pallet conveyor system.

Revised Emissions Trading Directive to Affect Ruukki Beyond 2013

19 December 2008 - Ruukki’s emissions allowances for steel production will be affected beyond 2013 by recent amendments to the European Union's Emissions Trading Directive.

voestalpine Abandons Efforts to Secure Land in Romania

19 December 2008 - voestalpine Group defers indefinitely its decision on a possible location of a new greenfield steel plant in the Black Sea region, bringing to a halt all efforts to secure property at a potential location in Romania.

Worthington Reports 2nd Quarter Results

19 December 2008 - ABSTRACT: Worthington Industries reports a net loss of $159.5 million on net sales of $745.4 million for the second quarter, and a net loss of $90.8 million on net sales of $1658.6 million for the six-month period ended November 30, 2008.

World Stainless Production Logs One Last Hurrah for 2008

19 December 2008 - Worldwide production of crude stainless steel reached 6.3 million tonnes in the third quarter of 2008, an increase of 6.8% as compared to the same quarter in 2007, according to the International Stainless Steel Forum.

Mechel OAO Announces New Appointments

18 December 2008 - Mechel OAO announces a number of new executive appointments, including Vladimir Polin, who will now serve as Senior Vice President of Mechel OAO.

Schnitzer Steel Updates 1st Quarter Expectations

18 December 2008 - ABSTRACT: Schnitzer Steel updates its expectations for fiscal first quarter financial and operating results based on market weakening across all of its product lines, lower sales volumes, and reduced sales prices.

Commercial Metals Reports 1st Quarter Results

18 December 2008 - ABSTRACT: Commercial Metals reports net earnings of $62.0 million on net sales of $2.4 billion for the quarter ended November 30, 2008.

Second Danieli Superflexible Bar and Rod Mill in Operation at Kroman Çelik

17 December 2008 - Kroman Çelik completes startup of its new Danieli superflexible bar and rod mill, with the commissioning of its high-speed wire rod line.

Baosteel Produces Top Grade Silicon Steels Through PL-TCM

17 December 2008 - Baosteel is successfully producing top grade non-oriented silicon steel through its 1550-mm Pickling Line-Tandem Cold Mill.

SMS Demag and IMS Messsysteme Found SURCON GmbH

17 December 2008 - SMS Demag and IMS Messsysteme form a joint venture, SURCON GmbH, which will develop, produce and market slab inspection systems based on 3D and 2D measuring methods.

ArcelorMittal, European Works Council to Strengthen Dialogue

17 December 2008 - ArcelorMittal’s Group Management Board and the Secretariat of the European Works Council agree to strengthen the social dialogue regarding the company’s SG&A Voluntary Separation programs and other local productivity plans.

ArcelorMittal Responds to French Competition Council Announcement

17 December 2008 - ArcelorMittal responds to the French Competition Authority’s imposition of a €301.78 million fine on the company’s French subsidiaries that are active in steel distribution.

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