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Latest News

Outotec Initiates Efficiency Improving Measures in Uncertain Market Environment

21 October 2013 - Outotec has introduced a program to improve its cost structure and operational efficiency to secure future profitability in an uncertain market environment.

Metalloinvest Announces Changes to Senior Management Team

21 October 2013 - Management Company METALLOINVEST announced the appointment of its new Board of Directors, which comprises the following members:

Steel Companies Attend AIST Funded Steel Day at Michigan Tech

18 October 2013 - Contrary to popular belief, the death of the steel industry has been greatly exaggerated. In fact, steel is booming, more than 200 Michigan Technological University students who gathered to talk with industry leaders learned at Michigan Tech’s first annual Steel Day, held earlier this week.

CRU Successfully Completes Audit of U.S. Midwest Steel Price Indices

18 October 2013 - The third-party audit of CRU's weekly U.S. Midwest hot rolled coil, cold rolled coil, hot-dipped galvanized coil and plate price indices — the most widely used carbon steel indices in the world — has been completed.

Alacero Announces Finalists of 6th Steel Design Contest for Students

18 October 2013 - The nine participating countries of the 6th Steel Design Contest for Students of Architecture 2013 have already selected their local winners.

China Precision Steel Announces Fiscal 2013 Year End Results

18 October 2013 - China Precision Steel, Inc., a niche precision steel processing company principally engaged in producing and selling high precision, cold rolled steel products, announced its financial results for the fiscal year 2013 ended 30 June 2013.

ArcelorMittal Aktau Scoops Industry Award at the KazEnergy Forum

18 October 2013 - ArcelorMittal’s Aktau tubular plant has won the “Kazakh Content Project of the Year” award during the recent KazEnergy Forum, becoming the first non-oil and gas company to be recognized at the annual event.

AISI: August Steel Shipments Up Month-on-Month But Down Year-on-Year

17 October 2013 - The American Iron and Steel Institute (AISI) reported that for the month of August 2013, U.S. steel mills shipped 8,343,075 tons, a 0.8% increase from the 8,274,511 tons shipped in the previous month, July 2013, and a 0.4% decrease from the 8,377,162 tons shipped in August 2012.

Kennametal Honors Excellence in Environment, Health and Safety

17 October 2013 - Kennametal Inc. has presented its 12th annual Environmental, Health and Safety (EHS) Excellence Awards to six Kennametal projects worldwide.

worldsteel Announces 8th Steeluniversity.org Challenge Launch Date

17 October 2013 - The World Steel Association (worldsteel) announced the 8th Virtual Steelmaking Challenge will begin with the Round 1 Regional Championship on 12 November 2013 and will finish with the Round 2 World Championship in February 2014.

Michigan Tech Undergrads Meet with Representatives in the Steel Industry

16 October 2013 - Upper Michigan's Source reports on how a US$35,000 grant from the AIST Foundation helped Michigan Tech students meet with steel companies on Steel Day.

Middough Hires New Business Development Leader

16 October 2013 - Middough Inc., a top-ranking U.S. engineering, architecture, and management services company, announced the addition of Walter M. Teesdale as senior vice president and general manager of business development for the company.

SteelBenchmarker: U.S. HRB Prices Rise While Prices Fall Elsewhere

16 October 2013 - The bi-monthly SteelBenchmarker™ United States HRB spot price for 14 October 2013 rose 0.8% to US$723 per metric ton after falling two consecutive times.

U.S. and Canadian Service Center Shipments Show Modest Recovery in September

16 October 2013 - In September, U.S. Shipments of both steel and aluminum displayed their highest year-over-year growth so far in 2013. Canadian shipments returned to a small positive growth rate as well, the Metals Service Center Institute (MSCI) reported in its latest metals activity report.

AIST Member Andrea Pearman Wins 2013 Women in Business Champion Award

15 October 2013 - AIST member Andrea M. Pearman, CEO of Diversified Marketing Strategies and editor-in-chief of Building Indiana magazine, has been awarded the title of 2013 Women in Business Champion, a highly competitive category of the 22nd Entrepreneurial Excellence Awards.

EVRAZ Suspends Operations at Claymont Mill

14 October 2013 - EVRAZ North America announced that due to subdued market demand and a high volume of imports, it will suspend operations at its steel mill in Claymont, Del.

Sims Metal Management Appoints Galdino Claro as New Chief Executive

11 October 2013 - The chairman of Sims Metal Management Limited, Mr. Geoff Brunsdon, announced the appointment of Mr. Galdino Claro as chief executive officer and managing director of the company, commencing 4 November 2013.

Siemens Metals Technologies Names New CEO

11 October 2013 - Effective 1 November 2013, Albrecht Neumann will assume the position of CEO of the Siemens Metals Technologies Business Unit.

Inspiring a Generation: Worldsteel Launches Short Films Showcasing Careers in Steel Industry

11 October 2013 - The World Steel Association (worldsteel) has launched a series of films lifting the lid on the global industry.

TMS International Receives 43 Safety Awards from the National Slag Association

11 October 2013 - TMS International Corp., the parent company of Tube City IMS Corp., a leading provider of outsourced industrial services to steel mills globally, announced that several of the company's sites received a total of 43 Safety Awards from the National Slag Association (NSA) for 2012, the most of any steel mill services company.

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