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Latest News

Steel Dynamics Provides Fourth Quarter 2013 Earnings Guidance

18 December 2013 - Steel Dynamics Inc. provided fourth quarter earnings guidance, also commenting on current and expected future market conditions.

Allegheny Technologies Names CFO

17 December 2013 - Allegheny Technologies Incorporated announced that Patrick J. DeCourcy has been named senior vice president, finance and chief financial officer. Mr. DeCourcy had been serving as interim chief financial officer since 15 July 2013.

MSCI: Growth Reverses Again in November

17 December 2013 - Decreases in steel shipments from service centers in the U.S. and for both steel and aluminum in Canada were moderate, the Metals Service Center Institute (MSCI) reported.

Severstal North America Appoints Director of Government Relations

17 December 2013 - Effective immediately, Severstal North America has named Mr. William S. Noakes, Jr., its director, government relations, based in Dearborn, Mich.

Kloeckner Metals Announces Resignation of Michael Hoffman

17 December 2013 - Kloeckner Metals, one of the leading metal distributors in North America, announced that Mr. Michael Hoffman, vice chairman, Klockner USA Holding, Inc., will resign from his current position effective 31 December 2013.

New Millennium Iron Announces New Member of Board of Directors

16 December 2013 - New Millennium Iron Corp. (NML) announced that Mr. Partha Sengupta, vice president of raw materials, including Global Minerals, at Tata Steel Limited, has recently resigned as a director of the corporation, due to the recent changes in organizational structure of the Tata Steel Group.

NLMK Appoints New Vice President for Sales

16 December 2013 - NLMK Group announced the appointment of Ilya Guschin as vice president for sales. Sergei Khorn, former acting vice president for sales, has been appointed his deputy.

ThyssenKrupp Steel Europe's Spanish Employees Take Up New Jobs in Germany

13 December 2013 - Almost 60 employees of the ThyssenKrupp Galmed plant in Spain are making a new start in Germany, having found new jobs at ThyssenKrupp Steel Europe after the Spanish plant was shut down.

Report: Hrusovsky Elected as CEO of Alton Steel

13 December 2013 - Alton Steel’s Board of Directors has elected James Hrusovsky as CEO, the company announced Tuesday, the St. Louis Business Journal reported.

SteelBenchmarker: HRB Prices Stagnate

13 December 2013 - The bi-monthly SteelBenchmarker™ Western European HRB price for 9 December 2013 rose 1.7% to US$611 per tonne (on a Euro basis, it rose 0.2%) after falling last time.

SEASI Gives Update on ASEAN Steel Industry Situation in the First Half of 2013

13 December 2013 - Demand for steel in ASEAN countries picked up significantly — by 17% in the first half of 2013 compared with the first half of 2012, according to the South East Asia Iron & Steel Institute (SEASI).

U.S. Steel Exports Rise in October

12 December 2013 - Steel exports increased in October 2013 compared to September 2013 by 10.9% according to government reporting analyzed by the American Institute for International Steel (AIIS).

New Millennium Iron Announces Retirement of Director, Appointment of New Board Member

12 December 2013 - New Millennium Iron Corp. (NML) announced that Mr. Hemant Nerurkar, formerly managing director of Tata Steel Limited, Jamshedpur, India, recently resigned as a director of the corporation.

Worthington Steel to Close Baltimore Facility

12 December 2013 - On 10 December 2013, the Steel Processing Segment (Worthington Steel) of Worthington Industries, Inc. announced to its employees that its Baltimore steel facility will be closing by the end of its fiscal year, 31 May 2014.

ArcelorMittal Announces Changes to Organizational Structure

12 December 2013 - ArcelorMittal announced it has reviewed its organization with the aim of simplifying it.

SDI Receives MCA Chairman's Award

12 December 2013 - Steel Dynamics Inc. and one of its customers, Metal Sales Manufacturing Corp. of Louisville, were among the metals-related companies to receive the Metal Construction Association’s (MCA) 2013 Chairman’s Award for Overall Excellence during this year’s Metalcon International convention in Atlanta.

U. S. Steel Announces Executive Management Changes

12 December 2013 - United States Steel Corporation announced a series of executive management changes including naming John J. Quaid, vice president - Iron Ore; Larry T. Brockway as senior vice president, chief risk officer and treasurer; Sharon K. Owen to retire from North American Flat-Rolled Operations.

Metalloinvest Announces New Appointments

12 December 2013 - Andrey Ugarov has been appointed deputy CEO, chief operating officer, of Management Company Metalloinvest and Marina Novikova has been appointed deputy CEO, organisational development and human resources management.

AIIS Praises New WTO Trade Facilitation Agreement

11 December 2013 - The American Institute for International Steel (AIIS) applauded the trade facilitation deal reached 7 December 2013 by the 159 member countries of the World Trade Organization at the WTO’s just-concluded Ninth Ministerial Conference meeting in Bali, Indonesia.

Severstal Initiates Antidumping Investigation of Ukrainian Wire Rod

11 December 2013 - The Domestic Market Protection Department of the Eurasian Economic Commission has announced the start of an antidumping investigation after an application was filed by OAO Severstal and other Russian manufacturers.

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