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Latest News

USW, AK Steel Reach Tentative Agreement at Ashland, Ky., Plant

12 August 2013 - The United Steelworkers (USW) have reached a tentative agreement on a new contract with AK Steel covering 860 workers at the steelmaker's Ashland, Ky., facilities.

Essar Steel Appoints New Executive Vice Chairman

12 August 2013 - Essar Steel India Ltd announced the appointment of Mr.Firdose A. Vandrevala as executive vice chairman effective 12 August 2013. 

MRC Global Announces Executive Management Changes

12 August 2013 - MRC Global Inc. announced changes in its executive management and organization. Effective immediately, Alan Colonna will assume the role of executive vice president – business development and U.S. Operations, and Gary Ittner will assume the role of executive vice president – supply chain.

Northwest Pipe Predicts Third Quarter Will Be Its Weakeast This Year

09 August 2013 - Northwest Pipe Company announced its second quarter 2013 financial results, noting that it expects the third quarter to be its weakest in 2013.

ArcelorMittal Recognized for Supply Chain Excellence by JCB

09 August 2013 - ArcelorMittal Flat Carbon Europe (FCE) has received an award for supply chain Quality, Cost, Innovation, Delivery and Management (QCIDM) from JCB — the world’s largest privately owned manufacturer of construction equipment.

U.S. Steel Exports Sag in June

08 August 2013 - Steel exports declined in June compared to May by 8.5% according to government data analyzed by the American Institute for International Steel (AIIS).

U.S. Group Says Chinese Are Underselling Seamless Stainless Steel Pipe and Tube

07 August 2013 - The Stainless Steel Tube Trade Advancement Committee (SSTTAC) has completed market research of Chinese trade practices in selling seamless stainless steel pipe and tube in the U.S. market. The data confirms substantial underselling of U.S. producers by Chinese companies.

AISI: U.S. Steel Import Permits Down 6% in July

07 August 2013 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of July total 2,476,000 tons.  

Latin America Received 7% of China's Exports of Steel Manufactured Goods in First Half of 2013

07 August 2013 - Indirect trade (exports of manufactured goods with significant steel content) from China to Latin America reached US$ 20,870 million during the first six months of 2013, representing a 7% share of total Chinese exports, a figure in line with that registered during the first half of 2012.

John Speer Named to John Henry Moore Chair at Colorado School of Mines

06 August 2013 - The Metallurgical & Materials Engineering Department at the Colorado School of Mines (CSM) announced that Professor John Speer has been named as the John Henry Moore Distinguished Professor of Metallurgical and Materials Engineering.

SANGRAF International Adds Legal Counsel to Team

05 August 2013 - SANGRAF International, a manufacturer of premium graphite electrodes to the EAF steel industry, has announced the appointment of Dan Ilkay as general counsel.

EUROFER Expects European Steel Consumption to Fall 4.5% This Year

05 August 2013 - The base case scenario of a stabilization of the EU economy in the second half of 2013 and a gradual but slow recovery in 2014 is confirmed by EUROFER’s Q3-2013 Economic & Steel Market Outlook.

Metinvest Group Appoints New CFO

05 August 2013 - Metinvest Group announced that Aleksey Kutepov was appointed CFO. He replaces Sergiy Novikov, who will continue his career within the Metinvest Group.

Cliffs Natural Resources Reaches Tentative Agreement with USW at Quebec Mine

05 August 2013 - Cliffs Natural Resources Inc. announced a tentative agreement with the United Steelworkers Union for a new three-year labor contract offer that will cover approximately 300 represented workers at Cliffs' Bloom Lake mine in Fermont, Quebec.

Reuters: U.S. Steelmakers Seek Protection Against European Imports

02 August 2013 - A U.S. steel industry group has asked the government trade representative to intervene to help protect domestic producers from growing imports of steel products from Europe, according to a Reuters report.

PwC US Says Overcapacity Continues to Impact M&A Activity in Steel Sector

02 August 2013 - While merger and acquisition (M&A) activity in the global metals sector has seen continued declines in both deal value and volume during the second quarter of 2013, China and other emerging markets played a significant role in the overall deal environment, according to PwC US.

2012 Was Record Year for Global Stainless Production, But Increase Uneven

02 August 2013 - The International Stainless Steel Forum (ISSF) has released preliminary figures for 2012 which show that stainless steel production grew by 5.2% to reach a record high of 35.4 million metric tonnes. China accounted for the increase in production, with other regions of the world showing negative growth, mainly due to de-stocking.

ThyssenKrupp Steel Europe Reaches Agreement With Employees in Spain

02 August 2013 - ThyssenKrupp Steel Europe has reached agreement with employees at its ThyssenKrupp Galmed plant in Spain, including the termination of all employment contracts and the closure of the facility.

LKAB Names New Senior Vice President Sales

02 August 2013 - Peter Schmid, MSc., currently president of the LKAB subsidiary LKAB Wassara AB, has been appointed senior vice president sales for the LKAB Group and will be stationed at LKAB's head office in Luleå, Sweden. He will assume his new position on 1 August 2013.

OAO Severstal Announces Management Structure Optimization

02 August 2013 - Further to the management and organizational changes announced by OAO Severstal on 15 July, the company announces further changes to optimize its management structure in order to achieve its stated goals of improving efficiency and reducing costs.

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