Steel News

Outokumpu Cautiously Optimistic; Sees Modest Improvement in Underlying Market Demand

14 April 2014 - In his review at the company's annual general meeting on 14 April, CEO Mika Seitovirta presented Outokumpu’s results and market environment in 2013 as well as the measures Outokumpu has taken to improve its financial position and profitability.

Konecranes Appoints New Executive Vice President, Head of Business Area Equipment

14 April 2014 - Ryan Flynn is returning to Konecranes Plc and has been appointed executive vice president and head of Business Area Equipment.

Carpenter Technology Provides Update on Expected Third Quarter Earnings

11 April 2014 - Carpenter Technology Corp. said weather-related expenses in the first quarter of the year were roughly double what it expected, negatively impacting earnings.

U.S. Steel Mill Shipments Dropped in February 2014

11 April 2014 - The American Iron and Steel Institute (AISI) reported that for the month of February 2014, U.S. steel mills shipped 7,618,380 tons of steel.

Mitsubishi-Hitachi Metals Machinery Names New President

11 April 2014 - Mitsubishi-Hitachi Metals Machinery Inc.’s (MH) executive vice president Ryoichi Nishi was inaugurated on 1 April 2014 as the company’s new president.

Metinvest Announces Results for Full Year 2013

11 April 2014 - Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies, announced its audited consolidated financial results for the 12 months ended 31 December 2013.

Kalenborn Abresist Names Senior Vice President of Operations

10 April 2014 - William Boyle has joined Kalenborn Abresist Corp. as the new senior vice president of operations.

EVRAZ Stratcor Announces Management Changes

10 April 2014 - EVRAZ Stratcor recently made two new management appointments.

worldsteel Gives Short Term Outlook for Global Steel Demand in 2014–2015

09 April 2014 - The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2014 and 2015, forecasting that global apparent steel use will increase by 3.1% to 1,527 million metric tons in 2014 following growth of 3.6% in 2013.

Kennametal CEO Addresses Misconceptions about Manufacturing; Calls for New Understanding of Industrial Technology

09 April 2014 - Kennametal Inc. chairman, president and CEO Carlos Cardoso addresses misconceptions about manufacturing careers and challenges the industry to rebrand what it means to be a manufacturer today in a Manufacturing Engineering viewpoints column.

SunCoke Energy's Coke Production Declines Due to Severe Winter Weather

09 April 2014 - SunCoke Energy Inc. reported first quarter 2014 domestic coke production is expected to be 944,000 tons, down an estimated 108,000 tons versus the same prior year period.

Oschatz Announces Change in Management

09 April 2014 - After exactly 20 years at the head of the company, Dr.-Ing. Hans-Jürgen Schrag, managing partner of the Oschatz Group, handed over the management to the next generation with an official ceremonial act.

TMK IPSCO to Reduce Operating Hours at Three Welded Pipe Facilities

08 April 2014 - TMK IPSCO, the American Division of global pipe manufacturer TMK, announced plans to reduce the number of operating hours used to produce welded pipe at its Blytheville, Ark.; Camanche, Iowa; and Wilder, Ky., facilities.

Harsco Names New Company Leader

08 April 2014 - Harsco Corp. announced that the Board of Directors has unanimously selected F. Nicholas Grasberger as the company's president and chief operating officer, effective immediately.

AK Steel Announces Price Increase For Hot Roll Carbon Steel

08 April 2014 - AK Steel said on 7 April that it will increase the current spot market base price for its hot roll carbon steel to a minimum of US$700 per ton, effective immediately with new orders.

AIIS: U.S. Steel Exports Hobbled by Harsh Winter Weather

07 April 2014 - February 2014 showed mixed to disappointing results for U.S. steel exports, according to the American Institute for International Steel (AIIS).

Gerdau Announces Management Changes

07 April 2014 - Gerdau announced management promotions for Guilherme Johannpeter and Peter Campo.

AIST Announces Winners of Student Marketing Video Contest

04 April 2014 - The Association for Iron & Steel Technology (AIST) is pleased to announce the winners of "The Real Steel" Marketing Video Challenge Contest.

Falk PLI Names New General Manager

04 April 2014 - Falk PLI announced the addition of Ken Reddish, previous owner of Rotec Inc., to its engineering team.

Mark D. Millett of Steel Dynamics Inc. Named 2014 AIST Steelmaker of the Year

03 April 2014 - Mark D. Millett, president and chief executive officer, Steel Dynamics Inc. (SDI), will be named "Steelmaker of the Year" at AISTech 2014 — The Iron & Steel Technology Conference and Exposition, managed by the Association for Iron & Steel Technology (AIST).