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Industry
Latest News
Falcon Steel Boosts Transmission Pole Production
16 July 2015 - Falcon Steel is expanding its in-house transmission pole production capacity to meet increasing demand for steel pole structures in power delivery applications.
Vallourec Star Cutting 60-80 Jobs At Youngstown Plant
15 July 2015 - According to a report by the Youngstown Vindicator, Vallourec Star will cut 60 to 80 jobs at its Youngstown, Ohio, USA plant in early August because of weak demand in the oil and gas market.
Steel Associations From Six Latin American Countries Join to Urgently Request Their Governments to Ensure Fair Trade in the Region
15 July 2015 - On 13 July, eight national and regional associations of the Latin American steel industry published in newspapers of Argentina, Brazil, Chile, Colombia, Mexico and Peru, an Open Letter that calls governments of the region to act urgently to ensure level playing field for steel trade, particularly with China.
Synalloy Names New Chief Financial Officer
15 July 2015 - Synalloy, a company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, and specialty chemicals and the master distribution of seamless carbon pipe and tube, is pleased to announce that effective immediately, Dennis M. Loughran has joined the company as Senior Vice President and Chief Financial Officer.
Three Dead, Six Injured in Explosion at Esfahan Steel Co. in Iran
15 July 2015 - At least three workers were killed and six others were injured on 9 July in an explosion at Iran's largest steel producer, a factory official said.
ArcelorMittal, Lanzatech and Primetals Technologies Announce Partnership to Construct Breakthrough €87million Biofuel Production Facility
14 July 2015 - ArcelorMittal, the world’s leading steel and mining company, LanzaTech, the carbon recycling company, and Primetals Technologies, a leading technology and service provider to the iron and steel industry today announce they have entered into a letter of intent to construct Europe’s first-ever commercial scale production facility to create bioethanol from waste gases produced during the steelmaking process.
Simon Wandke Promoted to CEO of ArcelorMittal Mining
14 July 2015 - ArcelorMittal, the world’s leading steel and mining company, announced that Simon Wandke has been nominated Executive Vice President of ArcelorMittal and promoted to Chief Executive Officer of ArcelorMittal Mining, with immediate effect.
ArcelorMittal Launches New Generation of Wider Sheet Piles
13 July 2015 - ArcelorMittal has announced the launch of a new range of wider sheet pile sheet pile line: AZ®20-800 and AZ 25-800.
Italy's Ilva to Re-Open Steel Furnace After Environmental Work
13 July 2015 - According to Reuters, Italy's Ilva steelworks, the largest in Europe by output capacity, will re-open the third of its five furnaces next month after a year's inactivity due to environmental problems, the company told trade unions on Wednesday.
AMERICAN Steel Pipe's $70-Million Expansion Complete
13 July 2015 - AMERICAN Steel Pipe, a division of AMERICAN Cast Iron Pipe Company, announces completion of its new, 150,000-square-foot steel pipe processing facility.
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.
