Steel News

SDI Provides Q3 2014 Earnings Guidance

19 September 2014 - Steel Dynamics Inc. provided third quarter 2014 earnings guidance, noting that demand trends for key steel-consuming end markets is expected to remain favorable, as strength in automotive, manufacturing, energy and construction markets continue to improve.

Cliffs Natural Resources Appoints Olympic Steel CEO to Board of Directors

19 September 2014 - Cliffs Natural Resources Inc. has appointed Michael D. Siegal to its Board of Directors, effective immediately.

Air Products Recognized for Sustainability Leadership by Dow Jones Indexes

19 September 2014 - Air Products has again achieved a leadership position among the top 10% of companies in its industry as a component of the Dow Jones Sustainability World Index (DJSI) 2014/2015, a gold standard benchmark for corporate sustainability performance.

Nucor Announces Guidance for Q3 Earnings

18 September 2014 - Nucor Corporation announced guidance for its third quarter ending 4 October 2014.

U. S. Steel Announces Strategic Actions to Strengthen Company; Updates Q3 Outlook

17 September 2014 - United States Steel Corporation announced three key strategic actions that support its transformation:

Paul Wurth Announces Resignation of CEO, Names Succesor

17 September 2014 - Marc Solvi, CEO of Paul Wurth S.A. since 1 January 1998, will resign from his function as of 31 December 2014 but remain a member of the company’s Board of directors.

SMA Comments on ITC Hearing on Rebar Trade Case

17 September 2014 - The Steel Manufacturers Association (SMA) commented on the U.S. International Trade Commission (ITC) hearing on 15 September 2014, the final phase of antidumping and countervailing duty investigations on steel concrete reinforcing bar from Turkey and Mexico.

SMU Steel Summit 2014 Explores State of Steel Markets

16 September 2014 - Imports and exports. Non-residential construction and housing starts. GDP and geopolitics. Global steel and raw materials pricing, risk and forecasts. All of this and much more was discussed in depth during Steel Market Update’s fourth annual Steel Summit in Atlanta, Ga., USA, on 3–4 September 2014. This was the first two-day conference for the Steel Summit, and nearly 200 people attended.

Michelle Galanter Applebaum Joins Northwest Pipe’s Board of Directors

16 September 2014 - Northwest Pipe Co., an industry leader of engineered welded steel pipe products, announced that Michelle Galanter Applebaum, a well-known retired equity analyst and former Salomon Brothers/Citigroup managing director, has been elected to Northwest Pipe’s board of directors.

Outotec Selected Again to the Dow Jones Sustainability Index

15 September 2014 - Outotec has been selected for the second consecutive year to the Dow Jones Sustainability Europe Index for 2014–2015.

USW Calls DOC Decision on Dumped Rebar a Mixed Blessing

12 September 2014 - The United Steelworkers (USW) international president Leo W. Gerard released the following statement in regards to the U.S. Department of Commerce final investigation determination on dumped steel concrete reinforcing bar (rebar) from Mexico and Turkey.

EVRAZ Stratcor Names New Sales Manager for Vanadium Products Used by Steel Industry

12 September 2014 - Michael P. Shea has been named EVRAZ Statcor’s sale manager responsible for selling ferrovanadium and Nitrovan® vanadium to steel producers in North America.

ThyssenKrupp Steel Europe Wins Best Employers International Award

12 September 2014 - Aspects such as lifelong learning, health promotion and knowledge transfer are firmly entrenched in ThyssenKrupp Steel Europe’s human resources policy. For the extensive support given to employees in all phases of life, Germany’s biggest steel producer has now been honored for the first time with the “2014 AARP Best Employers International Award”, an annual award bestowed by the non-profit American Association of Retired Persons.

LanzaTech Announces Appointment of Chief Financial Officer

12 September 2014 - LanzaTech, a revolutionary carbon recycling company, announced the appointment of Gregg Clevenger as chief financial officer.

National Steel Bridge Alliance Names New Marketing Manager

12 September 2014 - The National Steel Bridge Alliance (NSBA) is proud to welcome Matt Shergalis as its new marketing manager.

Nucor Promotes Dave Sumoski To Executive Vice President

11 September 2014 - Nucor Corporation announced that Dave Sumoski, vice president and general manager of Nucor Steel Memphis Inc., will be promoted to executive vice president of engineered bar products, which includes special bar quality (SBQ) and cold finish businesses, effective 14 September 2014.

SteelBenchmarker: HRB Prices Recede

11 September 2014 - In its two hundred third report, the SteelBenchmarker released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 8 September 2014.

Cliffs Natural Resources Appoints John Baldwin to Board of Directors

11 September 2014 - Cliffs Natural Resources Inc. announced that it has appointed John T. Baldwin to its Board of Directors, effective immediately.

OSHA Fines Vallourec Star for 22 Serious Safety Violations

11 September 2014 - After receiving information that a worker had suffered severe injuries after being crushed between two machines, the U.S. Department of Labor's Occupational Safety and Health Administration has cited Vallourec Star for 22 serious safety violations.

U.S. Makes Final Determination in Trade Case vs. Rebar from Mexico and Turkey

11 September 2014 - On 9 September 2014, the Department of Commerce (Commerce) announced the affirmative final determination in the antidumping duty (AD) investigation of imports of rebar from Mexico, the affirmative final determination in the countervailing duty (CVD) investigation of imports of rebar from Turkey, and the negative final determination in the AD investigation of imports of rebar from Turkey.