Steel News

Ryerson Appoints Erich S. Schnaufer Interim Chief Financial Officer

04 June 2015 - Ryerson Holding Corporation, a leading processor and distributor of metals, announced the appointment of Erich S. Schnaufer to the position of interim chief financial officer, effective June 1, 2015.

AK Steel and Other US Producers File Trade Cases Against Five Countries

04 June 2015 - AK Steel today announced that it has joined other major domestic steel producers in filing anti-dumping and counter-vailing duty petitions against five countries related to corrosion-resistant steel.

Carpenter Technology Names Tony R. Thene to Serve as President and CEO

03 June 2015 - Carpenter Technology Corporation announced that its Board of Directors has appointed Tony R. Thene as Carpenter’s President, Chief Executive Officer (CEO) and member of the Board of Directors, effective July 1, 2015.

PRO-TEC Coating Company President Bryan P. Vaughn To Retire; Brent Rosebrook Named Acting President

03 June 2015 - PRO-TEC Coating Company, a 50/50 joint venture between United States Steel Corporation and Kobe Steel, Ltd., of Japan, announced that its president, Bryan Vaughn, has elected to retire effective June 1, 2015 after 34 years of service in the steel industry.

U.S. Steel Imports Drop 3.7% in April 2015

02 June 2015 - Based on preliminary U.S. Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,483,000 net tons (NT) of steel in April 2015, including 2,938,000 net tons (NT) of finished steel (down 3.7% and 7.8%, respectively, vs. March final data).

Vadim Larin Appointed CEO of Severstal Management

02 June 2015 - PAO Severstal, one of the world’s leading steel and steel-related mining companies, announced that Vadim Larin, previously COO of Severstal Management, has been appointed CEO of Severstal Management in line with Company’s plans announced earlier on 27 April 2015.

AK Steel Announces Executive Promotions and Organization Changes

01 June 2015 - AK Steel's Board of Directors has approved the following executive promotions and organization changes, effective May 29, 2015:

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.