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Latest News

Preliminary U.S. Steel Imports Rose 13% in October

02 December 2014 - Based on preliminary U.S. Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 4,398,000 tons of steel in October, including 3,396,000 tons (tons) of finished steel (up 12.8% and 14.9%, respectively, vs. September final data).

AWMI Meets in Savannah for Annual Leadership Conference

01 December 2014 - The annual conference of the Association of Women in the Metal Industries (AWMI) was held 13–15 November 2014 in Savannah, Ga. The meeting provides an array of opportunities for members and conference attendees to touch upon each of AWMI’s cornerstones — educate, grow, network and mentor — by hearing from industry leaders, learning about the latest issues shaping the metals business, interacting with peers and exchanging ideas.

U.S. Steel Industry Group Provides Comments on China's Trade Barriers

01 December 2014 - The American Iron and Steel Institute (AISI) is urging the U.S.’s highest ranking trade officials to bring up the critical steel issues of China’s currency manipulation, overcapacity and non-market economy status when they meet with Chinese officials at the U.S.-China Joint Commission on Commerce and Trade (JCCT) on16–18 December in Chicago.

USW Applauds ITC for Continuing Investigation of Welded Line Pipe from Korea and Turkey

01 December 2014 - The United Steelworkers (USW) union said that the International Trade Commission (ITC) took the correct action in voting to continue investigating antidumping and countervailing duties on welded line pipe from Korea and Turkey.

U.S. Agency Votes to Continue Trade Cases on Welded Line Pipe

28 November 2014 - The United States International Trade Commission determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of certain welded line pipe from Korea and Turkey that are allegedly subsidized and sold in the U.S. at less than fair value.

SteelBenchmarker: HRB Prices Nosediving

28 November 2014 - In its 208th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 24 November 2014:

Kennametal Board Names Don Nolan Chief Executive Officer

28 November 2014 - The board of directors of Kennametal Inc. announced the appointment of Donald (Don) A. Nolan as the company's president, chief executive officer and member of the board of directors, while electing William R. Newlin, lead director, to serve as chairman of the board, both effective 17 November 2014, facilitating a clear-cut, transparent transition of immediate effect. As previously announced, Carlos Cardoso's retirement is effective 31 December 2014.

Outokumpu Wins Award for Environmental Achievements

28 November 2014 - International Chromium Development Association (ICDA) awarded Outokumpu’s Tornio operations in Finland on long-term successful work in waste water treatment and protection of sea environment on 5 November 2014. The award is based on voting of ICDA council and committees.

ArcelorMittal Named Among Global Top Companies for Leaders

27 November 2014 - ArcelorMittal has been ranked 14th on the 2014 global Aon Hewitt Top Companies for Leaders list. This comprehensive study recognizes companies with best-in-class talent management practices around the world.

The Timken Co. Names New Director

27 November 2014 - The Timken Company's board of directors has elected Maria A. Crowe a director of the company for a term that expires at its May 2015 annual meeting. The election brings The Timken Company board to 11 directors.

ArcelorMittal Europe Reports €125 Million Operating Profit for Q3 2014

27 November 2014 - ArcelorMittal Europe announced its results for the third quarter of 2014.

MISCOR Group Names New VP of Finance

27 November 2014 - MISCOR Group announced it has named Edward Zeuch as vice president of finance.

Markets on the Upswing: CRU 2014 North American Steel Conference

26 November 2014 - Each year, CRU holds its North American Steel Conference in Chicago, Ill., USA, featuring the latest updates from new and established market players, market and pricing forecasts, and the latest on the international trading front.

WorldAutoSteel Case Studies Stress Need For Lifecycle Mindset In Vehicle Emissions Regulations

26 November 2014 - WorldAutoSteel, the automotive group of the World Steel Association, recently released findings of two new case studies that examine the effect various automotive materials can have on total life cycle greenhouse gas (GHG) emissions for light-duty truck and sport utility vehicle (SUV) classes.

Consortium Receives German Future Award for “Horizontal Strip Casting of Steel” Project

26 November 2014 - German Federal President Joachim Gauck presented the “German Future Award – Federal President’s Award for Technology and Innovation” in Berlin on 19 November 2014. The project partners are Salzgitter Flachstahl GmbH, SMS Siemag AG, and the Technical University of Clausthal.

AISI: September Steel Shipments Down 1.3% From August

26 November 2014 - The American Iron and Steel Institute (AISI) reported that for the month of September 2014, U.S. steel mills shipped 8,372,929 tons, a 1.3% decrease from the 8,480,954 tons shipped in the previous month, August 2014, and a 6.3% increase from the 7,879,747 tons shipped in September 2013.

Systems Contracting Named a Top Specialty Contractor

25 November 2014 - Systems Contracting Corporation, a contractor serving the industrial, municipal and commercial construction markets, has been named one of the Top 600 Specialty Contractors nationwide in an annual ranking report released by Engineering News-Record (ENR), a leading U.S. construction/engineering industry publication.

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