Steel News

AZZ incorporated Announces Plan to Build New "Greenfield" Galvanizing Services Plant in Reno, Nevada

06 July 2015 - AZZ incorporated, a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services, announced the construction of a new hot-dip galvanizing plant near Reno, Nevada.

ArcelorMittal Mexico to Cut 2,800 Jobs

06 July 2015 - ArcelorMittal, the world's largest producer of steel, will cut 2,800 jobs at its Mexico unit as global prices slump, it said in a joint statement with local competitors on 1 July, while accusing Russia, China and Turkey of dumping steel on markets at levels below production costs.

Dongkuk Steel Set to Shut Down No. 2 Plate Mill

03 July 2015 - As reported by SteelFirst, Dongkuk Steel will shut down one of its two plate mills to cope with an oversupplied domestic market, it announced late on Thursday June 25.

AISI: Weekly Raw Steel Production Decreases 8.3% Year on Year, Year-to-Date Production Down 7.4%

03 July 2015 - The American Iron and Steel Institute released its statistics on U.S. raw steel production for the week ending 27 June 2015.

Wuhan Iron & Steel Trials CRC Mill at Fangchenggang Plant

01 July 2015 - According to SteelFirst, Central China's Wuhan Iron & Steel (Wugang) produced the first cold rolled coil at its Fangchenggang plant in the country’s southern Guangxi province at the weekend on Monday June 29.

Carpenter Appoints Haniford to Senior Vice President, Specialty Alloys Operations

01 July 2015 - Carpenter Technology Corporation announced that Joseph (Joe) E. Haniford has been named Senior Vice President, Specialty Alloys Operations (SAO), effective Monday, July 13.

Harley Scardoelli Elected Corporate Director of Investor Relations for Gerdau

01 July 2015 - Gerdau announces the election, in meetings of the Boards of Directors of Gerdau S.A. and Metalúrgica Gerdau S.A., of Harley Scardoelli to the office of Corporate Director of Investor Relations, effective 15 July 2015, in view of the resignation of André Pires de Oliveira Dias.

Missouri S&T's New "Third-Generation" AHSS Could Help Automakers Improve Fuel Efficiency

01 July 2015 - A high-strength steel being developed at Missouri University of Science and Technology could help auto manufacturers in their quest to meet future fuel efficiency requirements.

Mechel Reports First Quarter 2015 Operational Results

01 July 2015 - Mechel OAO, one of the leading Russian mining and metals companies, announced their operational results for the First Quarter of 2015.

AIC North America Corp. Welcomes Roger Wallberg As New Technical Director

30 June 2015 - AIC North America Corp. announced the appointment of Mr. Roger Wallberg to the position of Technical Director, effective 1 April 2015.

Alacero: Latin American Finished Steel Production Remains Stable, While Imports Grow 15% in Jan-Apr 2015

30 June 2015 - Alacero released their figures for the Latin American steel market for the first months of 2015 on 24 June.

2014 World DRI Production Tops 74.5 Million Tons

30 June 2015 - The world’s direct reduction industry produced 74.55 million tons of DRI Products in 2014 according to data compiled by Midrex and audited by World Steel Dynamics.

Unifrax Announces Senior Executive Changes

30 June 2015 - Unifrax I LLC (“Unifrax”), the Tonawanda, N.Y. based manufacturer of specialty fiber products, announced that Duncan Yardley has been promoted to Executive Vice President and Chief Operating Officer, and John Dandolph has been promoted to Executive Vice President and Chief Financial & Strategy Officer.

India to Ship 16.5 Million Tons of Iron Ore to Japan, South Korea Over Three Years

30 June 2015 - The Indian government approved the renewal of agreement for supplying up to 16.5 million tonnes (MT) of high grade iron ore to steel plants in Japan and South Korea over three years till March 2018.

AISI Hails Presidential Signing of Trade Package

29 June 2015 - President Obama today signed two significant trade initiatives - Trade Promotion Authority (TPA), and the extension of the Africa Growth and Opportunity Act and other trade preference programs, which includes renewal of Trade Adjustment Assistance (TAA) and trade remedy improvements.

U. S. Steel President And CEO Mario Longhi Commends President Obama For Strengthening Trade Enforcement Laws

29 June 2015 - Today United States Steel Corporation President and CEO Mario Longhi commended President Barack Obama as he signed the Trade Promotion Authority (TPA) and Trade Adjustment Assistance (TAA) legislation into law.

AISI: Preliminary Steel Imports Decrease 4% in May

29 June 2015 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,374,000 net tons (NT) of steel in May 2015, including 2,744,000 net tons (NT) of finished steel (down 3.6% and 7.2%, respectively, vs. April final data).