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Latest News

AK Steel Announces Price Increase for Carbon Steel Products

01 October 2013 - AK Steel said today that it has increased current spot market base prices for all carbon flat-rolled steel products.

Cliffs Natural Resources Board Elects New Director

01 October 2013 - Cliffs Natural Resources Inc. announced that its Board of Directors has elected Stephen M. Johnson, 62, chairman, president and chief executive officer of McDermott International, Inc. to Cliffs Board.

Olympic Steel Announces Management Promotions to Support Strategic Growth

01 October 2013 - Olympic Steel, Inc., a leading national metals service center, announced several management promotions to support the company's strategic growth.

AK Steel Files Trade Cases Against Non-Oriented Electrical Steel Imports

30 September 2013 - AK Steel has filed antidumping duty petitions charging that unfairly low-priced imports of non-oriented electrical steel (NOES) from six countries are causing material injury to the company.

Severstal North America Completes Restructuring of Senior Leadership Team

30 September 2013 - Severstal North America (SNA), one of the largest steel producers in the U.S. and a subsidiary of Severstal, a global steel and mining company, announced additional changes in its senior leadership team.

U. S. Steel Names New Senior Vice President—Human Resources and Administration

30 September 2013 - United States Steel Corporation announced that Susan M. Suver has advanced to senior vice president – human resources and administration effective 1 October, and will continue to report directly to chief executive officer Mario Longhi.

AIIS: U.S. Imports Increase in August, Reflecting Improved Market Conditions

30 September 2013 - U.S. steel imports increased in August compared to July by 13.8% according to preliminary government reporting analyzed by the American Institute for International Steel (AIIS).

President Obama Names USW's Gerard to Manufacturing Committee

30 September 2013 - President Barack Obama has announced the appointment of United Steelworkers (USW) international president Leo W. Gerard and 18 others to the Advanced Manufacturing Partnership (AMP) Steering Committee "2.0."

New CFO Appointed to Siemens Industry Sector

27 September 2013 - Miguel-Angel López, previously the chief financial officer of the Industry Automation Division, will become the new CFO of the Industry Sector, effective 1 October.

TMK IPSCO Names New President and CEO

25 September 2013 - TMK IPSCO announced that president and CEO Vicki Avril has decided to leave the company, effective 30 September 2013.

AISI: Preliminary U.S. Steel Imports Rose 14% in August

25 September 2013 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,870,000 tons of steel in August, including 2,199,000 tons of finished steel (up 13.9% and 9.8%, respectively, vs. July final data). Year-to-date (YTD) total and finished steel imports are 21,123,000 and 16,569,000 tons, respectively, down 9% and 7% vs. 2012.

Severstal North America Appoints New Vice President, Commercial

25 September 2013 - Severstal North America announced the appointment of Mr. Sachin Shivaram as vice president, commercial.

SteelBenchmarker: HRB Prices Rise in Western Europe But Fall Elsewhere

25 September 2013 - The bi-monthly SteelBenchmarker Western European HRB price for 23 September rose 1.2% to US$610 per metric ton (on a Euro basis, it fell 0.7%) for the second consecutive time. The United States HRB spot price slipped 0.1% to US$717 per metric ton for the second consecutive time. The World export HRB price fell 0.7% to US$573 per metric ton after rising four consecutive times. The Chinese HRB price fell 1.8% to US$491 per metric ton for the second consecutive time.

SANGRAF International Adds International Technical Service Manager

25 September 2013 - SANGRAF International, a manufacturer of premium graphite electrodes to the EAF steel industry, has added a steel industry and graphite industry veteran to its technical support team. Darren Fribence joins SANGRAF as international technical service manager responsible for supporting the global efforts of SANGRAF International’s graphite electrode sales network.

MMFX Steel's New Hire Builds Company Growth Momentum

24 September 2013 - MMFX Steel Corporation welcomes Bassam Saddawi as its new corporate engineering manager. Saddawi will provide engineering guidance to business development and project management activities across North America to further the acceptance and use of MMFX steel products.

Metinvest Subsidizes Summer Vacations for 71,400 Employees and Their Families

24 September 2013 - Ukraine's Metinvest Group spent about UAH 80 million (US$9.77 million) to subsidize summer vacations for 71,400 employees and their families in 2013.

Worldsteel: Crude Steel Production Rises 5.2% Year-on-Year

23 September 2013 - World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 130 million tonnes in August 2013, an increase of 5.2% compared to August 2012.

Tenaris Once Again Included in Forbes’ List Of World’s Most Innovative Companies

23 September 2013 - Tenaris received ranking 81 in Forbes’ recently published list of the world’s 100 most innovative companies, moving up 11 spots since the release of the first list in 2011.

U. S. Steel Announces Management Changes In Raw Materials And Procurement Organization

23 September 2013 - United States Steel Corporation announced a series of management changes in the company's raw materials and procurement organizations.

AISI Says U.S. Government Must Address China's WTO Violations

23 September 2013 - Almost a dozen years after it acceded to the World Trade Organization (WTO) China continues to fail to comply with its obligations, says the U.S. trade association representing the majority of the nation’s steel producing companies.

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