Steel News

SMA Names Gleason Manager of Member Services

04 November 2014 - The Steel Manufacturers Association (SMA) has promoted Kelsey E. Gleason to the position of manager, member services.

U. S. Steel Elects Two New Members to Board of Directors

03 November 2014 - United States Steel Corporation announced that Patricia Diaz Dennis and Robert J. Stevens have been elected to the company's board of directors effective 1 January 2015 to serve as directors until the next Annual Meeting of Stockholders, which is expected to be held on 28 April 2015.

SteelBenchmarker: HRB Price Fall Arrested

03 November 2014 - In its 206th report, the SteelBenchmarker™ released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 27 October 2014:

voestalpine Names New Head of Corporate Communications

31 October 2014 - From 1 January 2015, press spokesman Peter Felsbach will take over as head of corporate communications at the voestalpine Group.

Universal Stainless Has Positive Outlook for Its End Markets

31 October 2014 - Universal Stainless & Alloy Products Inc. provided a short term outlook as it posted solid third quarter results.

CMC Reports Quarterly Earnings, Sees Continued Market Growth

31 October 2014 - As it reported its earnings for the quarter ended 31 August 2014, Commercial Metals Co. said that, while macroeconomic and geopolitical concerns remain, all indications suggest continued market growth in fiscal 2015.

ArcelorMittal Moves to Ensure Continued North American Industry Leadership

30 October 2014 - ArcelorMittal has announced important organizational moves to enhance performance in North America, where operations represent one quarter of the company’s steel shipments and profits.

EUROFER Provides Update on Ambitious Climate Targets, Measures to Preserve Industrial Competitiveness

30 October 2014 - On 24 October 2014, the EU heads of state and government agreed on an ambitious European energy and climate policy framework for the period 2020 to 2030, including a CO2 emission reduction target of 43% by 2030 compared to 2005 levels for sectors covered by the EU Emissions Trading System (EU ETS).

Schnitzer Steel Reports Strong Quarterly Performance

30 October 2014 - Schnitzer Steel Industries said its fourth quarter improvement reflects its strong focus on executing productivity improvements and maximizing market opportunities in a still challenging environment.

TenarisUniversity Receives Steelie Award for Excellence in Education and Training

30 October 2014 - Tenaris received the Steelie award from the World Steel Association (worldsteel) for its “Excellence in education and training” for the second consecutive year.

U. S. Steel Reports Highest Segment Operating Results Since Q3 2008

29 October 2014 - While reporting its quarterly earnings results, U. S. Steel said progress on its Carnegie Way initiative has so far exceeded expectations in its multi-year journey.

Alan Cramb to Become Next President of Illinois Institute of Technology

29 October 2014 - The Board of Trustees of Illinois Institute of Technology (IIT) has unanimously elected Alan W. Cramb to be the ninth president of the university.

SunCoke Reports Strong Q3 Operational Results

29 October 2014 - As it reported its third quarter earnings results, SunCoke Energy said it believes it can continue to sustain solid performance in its coke and coal logistics segments.

Cliffs Reports Q3 Earnings, Outlook for Remainder of 2014

29 October 2014 - As it reported its third quarter earnings, Cliffs Natural Resources said it expects domestic steel production and the corresponding demand for steelmaking raw materials to be supported directly by construction activity, energy extraction and motor vehicle production in the near term.

AK Steel Announces Price Increase for Carbon Steel Products

29 October 2014 - AK Steel said on 28 October that it will increase current spot market base prices for all carbon flat rolled steel products by a minimum of US$20 per ton, effective immediately with new orders.

AIIS: U.S. Steel Imports Continue to Grow

28 October 2014 - U.S. steel imports continued their upward trend in September, increasing 5.2% over their August level, the American Institute for International Steel (AIIS) reports.

Reliance Pleased by Q3 Demand Growth Despite Seasonal Headwinds

28 October 2014 - Reliance Steel & Aluminum Co. reported its financial results for the third quarter ended 30 September 2014.

Carpenter Reports Difficult Start to Q3 but Improvement Seen

27 October 2014 - Carpenter Technology Corp. announced financial results for the quarter ended 30 September 2014.

USW Joins Petition for Duties on Welded API Line Pipe Imports

27 October 2014 - The United Steelworkers (USW) union has joined a petition calling on the U.S. Commerce Department (DOC) and International Trade Commission (ITC) to impose antidumping and countervailing duties on welded API line pipe imports from South Korea and Turkey.

MRS Whiteville Recycling Facility Achieves SHARP Status

27 October 2014 - Metal Recycling Services’ (MRS) Whiteville, N.C., facility received the prestigious SHARP (Safety & Health Achievement Recognition Program) designation from the North Carolina Secretary of Labor.