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Latest News

Reliance Steel & Aluminum Co. Announces Executive Leadership Succession

01 June 2015 - Reliance Steel & Aluminum Co. announced that in accordance with the previously announced executive leadership succession plan, effective as of May 20, 2015, the Company has appointed Gregg J. Mollins as Chief Executive Officer and President of Reliance. David H. Hannah has transitioned to the role of Executive Chairman.

Usiminas to Temporarily Idle Two Blast Furnaces

29 May 2015 - Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas) informed its shareholders in a press release on 18 May of its plans to temporarily shut down two blast furnaces, the No. 1 at Cubatão Plant and the No. 1 at the Ipatinga plant, from 31 May and 4 June 2015, respectively.

Conares to Grow UAE Steel Production Capabilities

29 May 2015 - According to Construction Week Online, Conares intends to further strengthen its steel production capabilities in the UAE.

Latin American Finished Steel Imports Grow 20% in 1Q 2015, While Production Increases Only 2%

28 May 2015 - According to Alacero, during 1Q 2015, crude steel production in Latin America decreased 2% while finished steel production grew 2% vs 1Q 2014.

Outokumpu CEO Mika Seitovirta elected the Chairman of ISSF

27 May 2015 - The International Stainless Steel Forum (ISSF) elected Mika Seitovirta, Outokumpu CEO, as new chairman in the organization’s 19th Annual Conference in Hong Kong, China.

Outokumpu’s Stainless Steel Fuel Tank Wins ISSF New Applications Award

27 May 2015 - A stainless steel fuel tank developed by Outokumpu received the New Applications Award by ISSF (International Stainless Steel Forum) in the Best New Development Award category at the ISSF Annual Conference in Hong Kong, China.

World Crude Steel Production for April 2015

27 May 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 135 million tonnes (Mt) in April 2015, a -1.7% decrease compared to April 2014.

SSAB Launches New Sustainability Strategy

26 May 2015 - To increase its focus on sustainability, global steel company SSAB is launching a new sustainability strategy.

American Institute for International Steel, Inc., Eurometal — Steel Trade Study Group and the International Steel Trade Association Agree to Establish a Global Steel Supply Chain Partnership

26 May 2015 - The purpose of their agreement is to establish a Global Steel Supply Chain Partnership as a framework for collaboration among the three associations.

Tata Steel reports Consolidated Financial Results for the Fourth Quarter and Full Year Ended March 31, 2015

25 May 2015 - Tata Steel Group (the “Company”) today declared its Consolidated Financial Results for the full year (FY’15) and fourth quarter (Q4FY’15) ended March 31, 2015.

AK Steel Announces Company's 2015 Sons and Daughters Scholarship Recipients

25 May 2015 - AK Steel is continuing a longstanding tradition this year by awarding college scholarships to sons and daughters of company employees.

AISI Announces 2015 Institute Medal Winners

25 May 2015 - The American Iron and Steel Institute (AISI) yesterday awarded its highest technical award, the 2015 Institute Medal, to four industry authors for their winning paper, “Identification and Reduction of Unsteady Bulging in Continuous Casting.”

Universal Steel Co. Names Dolata to Sales GM Position

22 May 2015 - Universal Steel Company, a leading flat rolled steel service center, has announced the recent hiring of Dean Dolata as the General Manager of Sales.

Mike Rippey Awarded Gary Memorial Medal from AISI

22 May 2015 - The American Iron and Steel Institute (AISI) announced that Mike Rippey, chairman, ArcelorMittal USA, is the 2015 recipient of the Gary Memorial Medal—the industry’s highest honor.

Chuck Schmitt Elected AISI Chairman

22 May 2015 - The Board of Directors of the American Iron and Steel Institute (AISI) has elected Chuck Schmitt, president of SSAB Americas, to serve as chairman of the Institute until May 2016.

AISI: Weekly Raw Steel Production Up 2.4% for Week Ending 16 May 2015

22 May 2015 - According to statistics compiled by the American Iron and Steel Institute (AISI), in the week ending May 16, 2015, domestic raw steel production was 1,705,000 net tons while the capability utilization rate was 72.1 percent.

SteelGuru: Chinese Exports to Surge as Domestic Consumption Shrinks

21 May 2015 - Anticipated slowdown in domestic steel consumption is China is likely to throw up surplus volume for export.

General Steel Reports First Quarter 2015 Financial Results

21 May 2015 - General Steel Holdings, Inc., a leading non-state-controlled steel producer in China, today announced its financial results for the first quarter ended March 31, 2015.

ArcelorMittal Announces Closure of Georgetown, S.C. Wire Rod Facility

21 May 2015 - According to a report by The Sun News, more than 220 skilled laborers and professionals at ArcelorMittal in Georgetown, S.C., USA, will lose their jobs later this year.

AK Steel Receives "Deal Maker of the Year" Award for Dearborn Acquisition From the Association for Corporate Growth

21 May 2015 - AK Steel has received a "Deal Maker of the Year" award from the Association for Corporate Growth (ACG) for the company's $690 million acquisition of Severstal Dearborn, LLC.

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