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Latest News

U. S. Steel Receives President Obama for Tour, Speech at Mon Valley Works

30 January 2014 - The United States Steel Corporation hosted U. S. President Barack Obama at its Mon Valley Works steel mill outside Pittsburgh, Pa., on 28 January 2014.

SteelBenchmarker: HRB Prices Hibernating

30 January 2014 - In its 188th report, the SteelBenchmarker released 10 steel product and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 27 January 2014:

Cliffs Natural Resources Announces Executive Changes

30 January 2014 - Cliffs Natural Resources’ president and chief operating officer Gary B. Halverson made the following executive organizational announcements:

Carpenter Technology Reports Strong Quarter, Sees Positive Signs of Growth

30 January 2014 - Carpenter Technology Corporation announced financial results for the quarter ended 31 December 2013.

Timken Predicts Its Steel Sales to Increase 12–17% This Year

30 January 2014 - As it reported its 2013 earnings results, The Timken Company said the spinoff of its steel business into a separate company should be complete by the middle of 2014.

AIIS: U.S. Steel Imports Decline Again in December; "Disappointing" 2013

29 January 2014 - U.S. steel imports declined 3.5% in December 2013 compared to the previous month, based on preliminary government reporting analyzed by the American Institute for International Steel (AIIS).

POSCO Chooses New CEO

29 January 2014 - POSCO president Kwon Oh-joon has been selected as the company’s next CEO, following Joon-Yang Chung’s resignation.

ATI Names Chief Commercial and Marketing Officer

29 January 2014 - Allegheny Technologies Inc. announced that Kevin B. Kramer has been named senior vice president, chief commercial and marketing officer, effective 3 February 2014.

Nucor Reports Improvements in Sheet as Longs Segment Performance Decreases

28 January 2014 - Nucor Corporation announced consolidated net earnings of US$488.0 million for the full year 2013, compared with consolidated net earnings of US$504.6 million for the full year 2012.

U. S. Steel Reports Results, Continues "Multi-Year Journey" to Profitability

28 January 2014 - United States Steel Corporation reported a fourth quarter 2013 net loss of US$122 million compared to a third quarter 2013 net loss of US$1,791 million and fourth quarter 2012 net loss of US$50 million.

SDI Optimistic for 2014 as It Reports 2013 Results

28 January 2014 - Steel Dynamics, Inc. announced fourth quarter net income of US$55 million on net sales of US$1.9 billion.

Ron O'Malley Named F. Kenneth Iverson Chair of Steelmaking Technologies at Missouri S&T

28 January 2014 - Dr. Ronald J. O’Malley, the former chief metallurgist at Nucor Steel Decatur in Trinity, Ala., has joined Missouri University of Science and Technology as the new F. Kenneth Iverson Endowed Chair of Steelmaking Technologies.

AK Steel Says It Continues to Make Progress, "Add Value"

28 January 2014 - AK Steel reported net income of US$35.2 million for the fourth quarter of 2013, compared to a net loss of US$230.4 million for the fourth quarter of 2012.

Gatto Industrial Plates Names New Transportation Manager

28 January 2014 - Gatto Industrial Platers, Inc., a leading high-production metal finishing company specializing in zinc plating, zinc-nickel plating and aluminum chromate, has hired Darron Kirkman to be the company’s transportation manager.

SMA Names New Leadership on Board of Directors

27 January 2014 - The Steel Manufacturers Association (SMA) Board of Directors announced that Richard Teets, Jr., executive vice president for steelmaking and president and COO of steel operations for Steel Dynamics, Inc., has been named chairman of the SMA Board of Directors for 2014–2015.

China Gerui Comments on China's Steel Industry Restructuring Policy

27 January 2014 - China Gerui Advanced Materials Group Limited, a high precision, cold-rolled steel producer in China, recently commented on the Chinese Government's recent accelerated initiatives to restructure its steel industry.

Outotec Ranked Third in Global List of 100 Most Sustainable Companies

27 January 2014 - Outotec was recently ranked 3rd on the Global 100 list of the world's most sustainable companies.

U. S. Steel Canada Announces Management Appointments

24 January 2014 - U. S. Steel Canada, a subsidiary of United States Steel Corporation, announced several management appointments effective 1 February 2014.

GrafTech Gives Update on Initiatives to Drive Operating Efficiencies, Global Competitiveness

24 January 2014 - GrafTech International Ltd. provided an update and reconfirmed the savings targets on its previously announced global rationalization initiatives.

World Crude Steel Output Increased by 3.5% in 2013

23 January 2014 - World crude steel production reached 1,607 million tonnes for the year 2013, up by 3.5% compared to 2012, with the growth coming mainly from Asia and Middle East while production in all other regions decreasing year-on-year, according to the World Steel Association.

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