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Latest News

AISI Releases June SIMA Imports Data; Import Market Share 27% in June

10 July 2015 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of June total 3,065,000 net tons (NT).

ArcelorMittal USA CEO Hints at Future Divestment of U.S. Plants

10 July 2015 - In a blog post from 23 June, ArcelorMittal CEO Andrew Harshaw expressed concern over the unsustainability of operating multiple hot strip mills in the United States at low capacity utilization rates.

Alpha Natural Resources Affiliates Issue Warn Notice to Certain Mining Operations Due to Potential Asset Sale

10 July 2015 - Three operating affiliates of Alpha Natural Resources Inc. have notified their employees that they may sell substantially all of the assets of the mining operations where these employees work.

SSAB’s University Challenge Encourages Students to Develop Innovative Applications for High-Strength Steel

09 July 2015 - SSAB’s University Challenge is an opportunity for students to present their ideas for new, innovative solutions using high-strength steels.

AISI: Weekly Raw Steel Production Slips 2.8% From Prior Week, 11.4% Decrease Year on Year

09 July 2015 - The American Iron and Steel Institute released its weekly raw steel production statistics for the week ending 4 July 2015.

Schnitzer Steel Industries Reports Third Quarter 2015 Financial Results

09 July 2015 - Schnitzer Steel Industries, Inc. reported financial results for its fiscal 2015 third quarter ended May 31, 2015.

Mexico Renews Countervailing Duty on Cold Rolled Coil from Russia and Kazakhstan

08 July 2015 - The countervailing duty applied to Mexican imports of cold-rolled coil from Russia and Kazakhstan was extended by five years after a review, Mexico's Ministry of Economy said on 1 July.

Ovako Appoints New President of Business Area Bar Imatra

08 July 2015 - Janne Pirttijoki has been appointed President of Business Area Bar Imatra and will join Ovako's group management.

Commercial Metals Company Reports Q3 Earnings

08 July 2015 - Commercial Metals Company announced financial results for its third quarter ended May 31, 2015.

POSCO to Supply Automotive Materials to Ssangyong Motor

07 July 2015 - On 23 June, POSCO signed an MOU with Ssangyong Motor, and opted to further enhance its global competitiveness by consistently evolving an amicable cooperative relationship between the two companies.

AZZ incorporated Releases Financial Results for First Quarter

07 July 2015 - AZZ incorporated, a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services, announced financial results for the three month period ended May 31, 2015.

AZZ incorporated Announces Plan to Build New "Greenfield" Galvanizing Services Plant in Reno, Nevada

06 July 2015 - AZZ incorporated, a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services, announced the construction of a new hot-dip galvanizing plant near Reno, Nevada.

ArcelorMittal Mexico to Cut 2,800 Jobs

06 July 2015 - ArcelorMittal, the world's largest producer of steel, will cut 2,800 jobs at its Mexico unit as global prices slump, it said in a joint statement with local competitors on 1 July, while accusing Russia, China and Turkey of dumping steel on markets at levels below production costs.

Dongkuk Steel Set to Shut Down No. 2 Plate Mill

03 July 2015 - As reported by SteelFirst, Dongkuk Steel will shut down one of its two plate mills to cope with an oversupplied domestic market, it announced late on Thursday June 25.

AISI: Weekly Raw Steel Production Decreases 8.3% Year on Year, Year-to-Date Production Down 7.4%

03 July 2015 - The American Iron and Steel Institute released its statistics on U.S. raw steel production for the week ending 27 June 2015.

Wuhan Iron & Steel Trials CRC Mill at Fangchenggang Plant

01 July 2015 - According to SteelFirst, Central China's Wuhan Iron & Steel (Wugang) produced the first cold rolled coil at its Fangchenggang plant in the country’s southern Guangxi province at the weekend on Monday June 29.

Carpenter Appoints Haniford to Senior Vice President, Specialty Alloys Operations

01 July 2015 - Carpenter Technology Corporation announced that Joseph (Joe) E. Haniford has been named Senior Vice President, Specialty Alloys Operations (SAO), effective Monday, July 13.

Harley Scardoelli Elected Corporate Director of Investor Relations for Gerdau

01 July 2015 - Gerdau announces the election, in meetings of the Boards of Directors of Gerdau S.A. and Metalúrgica Gerdau S.A., of Harley Scardoelli to the office of Corporate Director of Investor Relations, effective 15 July 2015, in view of the resignation of André Pires de Oliveira Dias.

Missouri S&T's New "Third-Generation" AHSS Could Help Automakers Improve Fuel Efficiency

01 July 2015 - A high-strength steel being developed at Missouri University of Science and Technology could help auto manufacturers in their quest to meet future fuel efficiency requirements.

Mechel Reports First Quarter 2015 Operational Results

01 July 2015 - Mechel OAO, one of the leading Russian mining and metals companies, announced their operational results for the First Quarter of 2015.

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