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Latest News

SMS Group: Customers Remain Reluctant to Invest in New Plants

25 June 2015 - Order intake by the SMS group in the last business year declined to EUR 3.167 billion, (2013: EUR 3.309 billion). Sales, at EUR 3.406 billion, remained at the same level as the previous year (2013: EUR 3.495 billion).

India Raises Duties on Some Steel Products to Counter Chinese Imports

24 June 2015 - As reported by Reuters, India has raised duties on certain steel products by up to 2.5 percentage points, as domestic producers struggle to cope with surging cheap imports from China and Russia, among others.

Rakesh Singh Appointed Chairman of Steel Authority of India Ltd.

24 June 2015 - Rakesh Singh, IAS, Secretary, Government of India, Ministry of Steel has taken additional charge of the post of Chairman, Steel Authority of India Limited (SAIL), effective 11 June 2015. Singh is a 1978 batch officer of Punjab cadre.

World Crude Steel Production for May 2015; U.S. Down 8.5% From Last Year

23 June 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 139 million tonnes (Mt) in May 2015, a -2.1% decrease compared to May 2014.

Taranto's Ilva on the Verge of Total Shutdown

23 June 2015 - According to a report by Kallanish, Ilva's Taranto plant could be on the verge of a total shutdown after the public prosecutor’s office ordered the seizure of the operation’s blast furnace no. 2 (BF2) on Thursday 18 June.

Mexico Places Duties on Cold-Rolled Steel From China

23 June 2015 - Mexico's government said on 19 June 2015 that it would impose import duties on cold-rolled steel sheet from China after an anti-dumping investigation, as reported by Reuters.

Steel Dynamics Provides Second Quarter 2015 Earnings Guidance

23 June 2015 - Steel Dynamics, Inc. provided second quarter 2015 adjusted earnings guidance in the range of $0.20 to $0.24 per diluted share, excluding the following items:

EVRAZ North America Plans 28% Ramp-Up of Large Diameter Pipe Production

22 June 2015 - EVRAZ plc hosted an Investor Day on 17 June 2015 in London, United Kingdom.

Kalenborn Abresist Corp. Celebrates Company and Employee Anniversaries

22 June 2015 - Kalenborn Abresist Corporation recently recognized several employees with 25 years or more of service to the company.

Most of U. S. Steel's Irvin Employees Back to Work at West Mifflin Plant

19 June 2015 - According to a report by the Pittsburgh Business Times, United States Steel Corporation's Irvin plant in West Mifflin is nearly fully staffed.

TMK IPSCO to Temporarily Shut Down Ambridge Mill For a Month in Line With $15 Million Renovation Plan

19 June 2015 - According to a report by the Pittsburgh Post-Gazette, TMK IPSCO said it will shut down its Ambridge, Pa., USA, seamless tube plant for a little more than a month this summer to make $15 million in improvements.

U.S. Weekly Raw Steel Output Declines 7.5% Year-on-Year

19 June 2015 - According to data compiled by the American Iron and Steel Institute (AISI), in the week ending June 13, 2015, domestic raw steel production was 1,747,000 net tons while the capability utilization rate was 73.9%.

Nucor Announces Guidance For Its Second Quarter Earnings

19 June 2015 - Nucor Corporation announced guidance for its second quarter ending July 4, 2015.

Global Steel Industry Calls On Governments to Take Action Against China’s New Steel Policy and Overcapacity

18 June 2015 - The American Iron and Steel Institute (AISI), the Steel Manufacturers Association (SMA), the Canadian Steel Producers Association (CSPA), Specialty Steel Industry of North America (SSINA), the Committee on Pipe and Tube Imports (CPTI), the Latin American Steel Association (Alacero), the Mexican Iron and Steel Industry Chamber (Canacero), the European Steel Association (Eurofer), the Turkish Steel Producers Association (TCUD) and the Brazil Steel Institute have issued a joint industry statement concerning China's new steel policies on 16 June 2015.

Outokumpu Appoints Michael Williams President and Head of Business Area Coil Americas, Joins Outokumpu Leadership Team

18 June 2015 - Outokumpu announced the appointment of Michael Williams as the President and Head of Business Area Coil Americas and member of the Outokumpu Leadership Team as of July 1, 2015.

Emirates Steel Logs Solid Production in 2014

17 June 2015 - Abu Dhabi-Based Emirates Steel produced 0.55 million tonnes of heavy structural sections, 1.85 million tonnes of rebar and 0.4 million tonnes of wire rod during 2014 despite market challenges, its chief executive said.

American Metal Market Announces 2015 Award Winners for Steel Excellence

17 June 2015 - Winners of the sixth annual American Metal Market Awards for Steel Excellence were announced 9 June 2015 at the annual Steel Awards Dinner held in conjunction with the Steel Success Strategies XXX conference.

Salzgitter AG Closes HSP Hoesch Spundwand un Profil GmbH

17 June 2015 - The Executive Board of Salzgitter AG took the decision in its meeting on 16 June 2015 to close down the operations of HSP Hoesch Spundwand und Profil GmbH (HSP), a wholly-owned subsidiary of Salzgitter AG.

LanzaTech Announces Appointment of Executive Vice President, Strategy, Finance and Operations

16 June 2015 - LanzaTech, the carbon recycling company, announced the appointment of Jean Paul Michel, formerly Global Chief Operating Officer and Group Head of Operations at OSRAM, as Executive Vice President, Strategy, Finance and Operations.

ANDRITZ METALS Wins Prestigious Energy Globe Award for Nitrate-Free Production of Stainless Steel

15 June 2015 - International technology Group ANDRITZ has been awarded the Energy Globe Award, one of the world's most prestigious environment awards, for its environmental protection technologies PYROMARS and ZEMAP.

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