Steel News

SDI Optimistic As It Announces Q3 Results

21 October 2014 - Steel Dynamics Inc. announced its results for the third quarter of 2014, including a short-term outlook.

Harsco Names New CFO

21 October 2014 - Diversified global industrial company Harsco Corp. announced the appointment of Peter F. Minan as chief financial officer, effective 11 November 2014.

worldsteel Announces 9th steelChallenge Launch Date

20 October 2014 - The World Steel Association (worldsteel) announced that the steelChallenge-9 will begin with the regional championship round on 19 November 2014 and will finish with the world championship round on 11 February 2015.

Cliffs Natural Resources Appoints Susan Green to Board of Directors

20 October 2014 - Cliffs Natural Resources Inc. has appointed Susan M. Green to its Board of Directors, effective 15 October 2014.

OSHA Cites Kloeckner Metals for 1 Repeat, 3 Serious Violations

17 October 2014 - An employee was severely injured when he became caught in unguarded arbor rollers at Kloeckner Metals Corp. on 22 April 2014. The U.S. Department of Labor's Occupational Safety and Health Administration has cited the Cincinnati manufacturing plant with one repeat and three serious safety violations, carrying proposed penalties of US$56,000.

SteelBenchmarker: HRB Prices Continue Downward

17 October 2014 - In its 205th report, the SteelBenchmarker released 10 steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 13 October 2014.

MSCI: North American Service Center Growth Resumes in September

17 October 2014 - Year-over-year growth in steel and aluminum service center shipments resumed in September 2014 in both the United States and Canada, according to the Metals Service Center Institute (MSCI).

PwC US Announces New Leaders in Industrial Products Practice

17 October 2014 - PwC US announced four new industry leaders in the firm’s Industrial Products practice, effective immediately.

Insteel Gives Quarterly Update, Provides Outlook

16 October 2014 - Insteel Industries Inc. announced financial results for its fourth quarter and fiscal year ended 27 September 2014.

Steel Institute Applauds Rebar Imports Decision

16 October 2014 - The American Iron and Steel Institute (AISI) issued the following statement on behalf of its U.S. producer members regarding the affirmative determination by the International Trade Commission (ITC) on rebar imports:

Outokumpu Recognized Again in Nordic Climate Disclosure Leadership Index

16 October 2014 - Outokumpu has been recognized as a leader for the depth and quality of its climate change data disclosed to the investors and the global marketplace by CDP.

Import Duties to be Placed on Rebar from Mexico, Turkey After U.S. Agency Vote

15 October 2014 - The United States International Trade Commission determined that a U.S. industry is materially injured by reason of imports of steel concrete reinforcing bar from Mexico that are sold in the United States at less than fair value and from Turkey that are subsidized by the government of Turkey.

Mechel Reports First Half 2014 Financial Results

15 October 2014 - Mechel OAO announced financial results for the first half of 2014.

Essar Steel Algoma Reports Increases in Shipments, Earnings

14 October 2014 - Essar Steel Algoma Inc. reported today CA$85.2 million in EBITDA for the three month period ended 30 September 2014.

SSAB Announces 2014 Swedish Steel Prize Finalists

14 October 2014 - New and innovative solutions, high quality and increased competitiveness characterize this year’s four finalists for the Swedish Steel Prize.

Olympic Steel Names General Manager and Purchasing Manager of Winder Division

14 October 2014 - Olympic Steel Inc. announced the promotion of Ty Deinema to the position of general manager — Winder Division. Also, Aaron Nichol takes on the role of purchasing manager, in addition to his duties as division sales manager at the company's Winder Division.

EUROFER Market Update: EU Steel Imports Continue to Rise

14 October 2014 - The latest EU customs statistics show that third country imports remained on a rising trend in July and August: finished steel imports rose 32% year-on-year, compared with a 6% rise in Q1 and 33% rise in Q2, according to analysis from EUROFER.

ATI Announces Flat Rolled Products Leadership Transition

13 October 2014 - Allegheny Technologies Inc. announced that Terry L. Dunlap, executive vice president, ATI Flat Rolled Products Group, has announced his decision to retire from ATI effective 31 December 2014, and that Robert S. Wetherbee, president, ATI Flat Rolled Products, will succeed Mr. Dunlap as executive vice president of the group effective 1 January 2015.

World Steel Association Elects New Officers, Welcomes New Members

13 October 2014 - The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2014/2015 at worldsteel’s 48th Annual Conference in Moscow, Russia.

U. S. Steel Names Vice President - International Trade and Global Public Policy

13 October 2014 - United States Steel Corporation announced the appointment of Debbie Leilani Shon to vice president - international trade and global public policy.