Steel News

ANDRITZ Expects 2014 to Be Similar to Disappointing 2013

04 February 2014 - As it reported its 2013 results, ANDRITZ said it was a disappointing business year but noted positive developments in its metals business.

U. S. Steel Management Proposal to Declassify Its Board of Directors

04 February 2014 - United States Steel Corporation announced that its board of directors voted unanimously to submit a proposal to the company's shareholders at the 2014 annual meeting to amend U. S. Steel's certificate of incorporation to elect directors annually.

U. S. Steel Names New General Counsel and Senior VP — Governmental Affairs

03 February 2014 - United States Steel Corporation chief executive officer Mario Longhi announced the appointment of Suzanne Rich Folsom to the position of general counsel and senior vice president — governmental affairs.

Missouri S&T Students Represent U.S. in International Steelmaking Competition

03 February 2014 - Two metallurgical engineering students from Missouri University of Science and Technology are headed to Belgium to test their mettle — and their ability to make virtual steel — in an international competition.

U.S. Files Trade Case Against Chinese Wire Rod

03 February 2014 - U.S. producers of carbon and certain alloy steel wire rod have filed antidumping and countervailing duty petitions against China.

AISI: U.S. Steel Imports Fall 4% in Last Month of the Year

31 January 2014 - Based on preliminary U.S. Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,502,000 tons of steel in December 2013.

ATI Provides 2013 Results, Outlook for 2014

31 January 2014 - Allegheny Technologies Inc. announced its earnings results for 2013, commenting on progress made throughout the year, as well as commenting on current market conditions.

SunCoke Energy Achieves 2013 Targets Despite Weak Fourth Quarter

31 January 2014 - Reporting on its 2013 results, SunCoke Energy said the same factors affected the fourth quarter as affected the full year, including the current weak coal price environment and lower than expected results at its Indiana Harbor cokemaking facility.

Taylor-Winfield’s Director of Technology Awarded Counselor Status from AWS

31 January 2014 - Taylor-Winfield Technologies’ director of technology and product development, Robert P. Matteson was presented the prestigious Counselor Award from The American Welding Society (AWS).

U. S. Steel Receives President Obama for Tour, Speech at Mon Valley Works

30 January 2014 - The United States Steel Corporation hosted U. S. President Barack Obama at its Mon Valley Works steel mill outside Pittsburgh, Pa., on 28 January 2014.

SteelBenchmarker: HRB Prices Hibernating

30 January 2014 - In its 188th report, the SteelBenchmarker released 10 steel product and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 27 January 2014:

Cliffs Natural Resources Announces Executive Changes

30 January 2014 - Cliffs Natural Resources’ president and chief operating officer Gary B. Halverson made the following executive organizational announcements:

Carpenter Technology Reports Strong Quarter, Sees Positive Signs of Growth

30 January 2014 - Carpenter Technology Corporation announced financial results for the quarter ended 31 December 2013.

Timken Predicts Its Steel Sales to Increase 12–17% This Year

30 January 2014 - As it reported its 2013 earnings results, The Timken Company said the spinoff of its steel business into a separate company should be complete by the middle of 2014.

AIIS: U.S. Steel Imports Decline Again in December; "Disappointing" 2013

29 January 2014 - U.S. steel imports declined 3.5% in December 2013 compared to the previous month, based on preliminary government reporting analyzed by the American Institute for International Steel (AIIS).

POSCO Chooses New CEO

29 January 2014 - POSCO president Kwon Oh-joon has been selected as the company’s next CEO, following Joon-Yang Chung’s resignation.

ATI Names Chief Commercial and Marketing Officer

29 January 2014 - Allegheny Technologies Inc. announced that Kevin B. Kramer has been named senior vice president, chief commercial and marketing officer, effective 3 February 2014.

Nucor Reports Improvements in Sheet as Longs Segment Performance Decreases

28 January 2014 - Nucor Corporation announced consolidated net earnings of US$488.0 million for the full year 2013, compared with consolidated net earnings of US$504.6 million for the full year 2012.

U. S. Steel Reports Results, Continues "Multi-Year Journey" to Profitability

28 January 2014 - United States Steel Corporation reported a fourth quarter 2013 net loss of US$122 million compared to a third quarter 2013 net loss of US$1,791 million and fourth quarter 2012 net loss of US$50 million.

SDI Optimistic for 2014 as It Reports 2013 Results

28 January 2014 - Steel Dynamics, Inc. announced fourth quarter net income of US$55 million on net sales of US$1.9 billion.