Steel News

Boulder Imaging Promotes Chris Sheridan to Director of Engineering

18 August 2014 - Boulder Imaging (BI) announced that Chris Sheridan has been promoted to director of engineering.

Tata Steel Provides Update on Global Operations in Quarterly Report

18 August 2014 - Tata Steel Group declared its consolidated financial results for the quarter ended 30 June 2014.

Olympic Steel Promotes Andrew Markowitz to Vice President Sales and Marketing—Specialty Metals

15 August 2014 - Olympic Steel Inc., a leading national metals service center, announced the promotion of Andrew Markowitz to the newly created position of vice president sales and marketing—specialty metals. Additionally, Jerrold Gideon has been promoted to general manager—Integrity Stainless.

SteelBenchmarker: HRB Prices Revive

15 August 2014 - In its 201st report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 11 August 2014:

SKF Appoints New Press & Media Relations Director

15 August 2014 - Theo Kjellberg has been appointed director press & media relations within the SKF Group, starting 25 August 2014.

Salzgitter Reports Results in Difficult Steel Market

15 August 2014 - The Salzgitter Group closed the first half of 2014 with a significant year-on-year improvement in its pre-tax result approximating breakeven.

Superior Tube Appoints Former Navy Pilot as Aerospace Market Manager

14 August 2014 - Superior Tube Company, a global leader in the manufacture of small diameter precision tubing for safety critical applications, announced the recent appointment of Wade Burchell as aerospace market manager.

TimkenSteel to Increase Prices on SBQ, Q&T Bar Products

14 August 2014 - TimkenSteel announced a price increase for SBQ products.

Steel Institute and Others Ramp Up Call for Currency Policy Remedies

14 August 2014 - The American Iron and Steel Institute (AISI) and allied manufacturing groups reiterated their call for strong and enforceable currency manipulation disciplines in all future trade agreements, including the Trans-Pacific Partnership (TPP).

AISI: June Steel Shipments Down 1.3% From May, Up 6.2% From Prior Year

13 August 2014 - The American Iron and Steel Institute (AISI) reported that for the month of June 2014, U.S. steel mills shipped 8,291,823 tons, a 1.3% decrease from the 8,398,976 tons shipped in the previous month, May 2014, and a 6.2% increase from the 7,806,319 tons shipped in June 2013.

WMR Plymouth Earns SHARP Recognition

13 August 2014 - On 1 August 2014, Western Metals Recycling’s Plymouth, Utah recycling facility received the prestigious SHARP (Safety & Health Achievement Recognition Program) designation from the Utah Labor Commission.

Global Metals Deal Activity Rebounds in the Second Quarter of 2014

12 August 2014 - Merger and acquisition (M&A) activity in the global metals sector surged in the second quarter of 2014, showing robust growth from both a sequential and year-over-year basis as companies looked to acquire assets across key industries to strengthen their growth opportunities and drive higher-margin sales, according to PwC US.

U.S. Steel Exports Rise Slightly in June

12 August 2014 - Exports of U.S. steel products held steady in June 2014, as increases to minor trading partners offset decreases to the North American Free Trade Agreement (NAFTA) countries.

Steelworkers Ratify Contract at PSC Metals, Ending Lockout

12 August 2014 - The United Steelworkers (USW) said that the members of USW Local 3610-02 have ratified a new, three-year agreement with PSC Metals, ending the company's lockout after six months.

U. S. Steel General Counsel Named One of Best General Counsels

11 August 2014 - United States Steel Corporation announced that Suzanne Rich Folsom, general counsel and senior vice president – governmental affairs, has been named a Best General Counsel by The Ethisphere Institute in their annual list of "Attorneys Who Matter."

Northwest Pipe Expects Low Margins as High Import Levels Impact Line Pipe Market

11 August 2014 - Northwest Pipe Company announced its financial results for the quarter ended 30 June 2014.

AK Steel Applauds Enactment of Highway and Transportation Funding Act

11 August 2014 - AK Steel is applauding the enactment of the Highway and Transportation Funding Act, legislation that is vital to maintaining and improving America's infrastructure — much of which is made with steel.

Union Workers Locked Out of ArcelorMittal Contrecoeur Plant

08 August 2014 - The United Steelworkers (USW)/Syndicat des Métallos is condemning ArcelorMittal's lockout at its Contrecoeur-Ouest plant in Quebec, Canada, imposed Wednesday, 6 August 2014 at 10:30 p.m.

Olympic Steel Reports Record Net Sales

08 August 2014 - Olympic Steel, Inc., a national metals service center, announced financial results for the second quarter and six months ended 30 June 2014.

Alpha Natural Resources Downsizing West Virginia Mining Operations

08 August 2014 - Eight operating affiliates of Alpha Natural Resources, Inc. have notified their employees that the coal mines and other facilities where they work are subject to being idled due to sustained weak market conditions and government regulations that have challenged the entire Central Appalachian mining industry.