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Latest News

Vladimir Lisin Re-Elected Chairman of NLMK’s Board of Directors

09 June 2014 - NLMK’s Board of Directors today held its first meeting since the Annual General Shareholders’ Meeting.

USW Promotes Buy American Initiative to Save New York Jobs; Provide Massive Economic Stimulus

09 June 2014 - The United Steelworkers (USW) announced today that they have launched a campaign to urge state lawmakers to co-sponsor and pass Buy American legislation to require all NY State Procurement, such as the Port Authority of NY (PANY) and the Metropolitan Transit Authority (MTA), to abide by Buy American rules in infrastructure projects.

IREPAS: Healthy Demand, but Concerns Persist in Global Long Products Market

09 June 2014 - In its June 2014 Short Range Outlook, IREPAS said demand has continued to improve in the global long steel products market, especially in the Americas and the EU.

U. S. Steel Vice President And Controller Greg Zovko To Retire

06 June 2014 - United States Steel Corporation (NYSE: X) Executive Vice President and Chief Financial Officer David B. Burritt announced today that Vice President and Controller Gregory A. Zovko has informed the company of his plan to retire effective June 30 after 31 years with the company.

MMFX Steel Appoints New VP of Sales and Marketing

06 June 2014 - MMFX® Steel Corporation of America has appointed Kevin McKown as the new vice president of sales and marketing.

JSW Steel Wins Prime Minister’s Trophy For Excellence In Performance

06 June 2014 - JSW Steel, India’s leading steel manufacturer has won the prestigious Prime Minister’s Trophy for excellence in performance for the year 2012-13.

AK Steel Announces Executive Promotions

05 June 2014 - AK Steel (NYSE: AKS) said today that its Board of Directors has approved the promotion of the following Executive Officers, effective May 30, 2014.

American Iron and Steel Steel Institute Elects New Chairman

05 June 2014 - The Board of Directors of the American Iron and Steel Institute (AISI) has elected Mike Rippey, president and CEO of ArcelorMittal USA, to serve as chairman of the Institute until May 2015.

AISI: U.S. Preliminary Steel Imports Rise 15% in April

03 June 2014 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,726,000 tons of steel in April 2014, including 2,738,000 tons of finished steel— up 15.2% and 12.2%, respectively, vs. March 2014 final data.).

AIIS: U.S. Steel Imports Surge in April 2014

02 June 2014 - U.S. steel imports surged in April 2014, continuing a growth trend that has year-to-date imports more than one-fourth higher than at this time in 2013, the American Institute for International Steel (AIIS) reported.

Tata Steel Reported Significant Improvement in First Quarter

30 May 2014 - Tata Steel said the improved and steady performance of operations across geographies, despite weak market conditions, led to significantly improved Group performance in the first quarter of the year.

Schnitzer Provides Outlook for Third Quarter of Fiscal 2014

29 May 2014 - Schnitzer Steel Industries Inc. announced its outlook for its third quarter of fiscal 2014 ending 31 May 2014.

Mechel Announces Change in Management

29 May 2014 - Mechel OAO announced the appointment of Andrey Slivchenko as its new chief financial officer, replacing Stanislav Ploschenko.

SteelBenchmarker: HRB Prices Plateau

28 May 2014 - The bi-monthly SteelBenchmarker™ United States HRB spot price for 26 May 2014 increased 0.9% to US$763 per metric ton after staying flat last time.

Platts Global Metals Awards Laud 2014 Winners’ Innovative & Philanthropic Initiatives

28 May 2014 - Companies and individuals from four continents were honored Wednesday, 21 May 2014 at the 2014 Platts Global Metals Awards for exemplary achievements in the steel, metals and mining industries.

U.S. Graphite Electrode Producers Hail Decision To Extend Duties Against China

28 May 2014 - The U.S. International Trade Commission (ITC) voted to extend the current antidumping order against imports of small diameter graphite electrodes from China for another five years.

U.S. Will Not Sunset Duties on Light-Walled Pipe

28 May 2014 - The U.S. International Trade Commission (USITC) determined that antidumping and countervailing duties on light-walled rectangular pipe and tube from four countries will be continued for another five years.

World Crude Steel Production Up 1.7% in April 2014

27 May 2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million metric tons in April 2014, an increase of 1.7% compared to April 2013.

Alacero Expects Better Outlook for Latin America in the Medium-Term, If Fair Trade Conditions Are Ensured

27 May 2014 - On 13 May 2014 in Bogotá, Colombia, during the semiannual meeting of Alacero’s Board of Directors, presided by Martin Berardi, participants analyzed the current situation of the steel value chain and defined action lines to strengthen the promotion of the industrialization process and to ensure fair trade conditions in the region.

Gerdau Comments on Positive First Quarter Performance

26 May 2014 - Gerdau’s 15.1% increase in consolidated net income in the first quarter of 2014 was due primarily to the effect of the exchange rate from dollars into reals (BRL), intensification in iron ore sales and the larger volume of steel sold on the domestic Brazilian market and in Latin American countries.

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