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Latest News

Kennametal Young Engineers Present Products for the Future

16 May 2013 - Eighteen students from Kennametal's Young Engineers Program in Latrobe, Pa., showed-off their engineering, manufacturing and marketing talents, presenting innovative products they invented as part of a class project for the program.

CSN announces Q1 2013 results

16 May 2013 - Brazilian flat-steel maker Companhia Siderurgica Nacional (SID, CSNA3.BR), or CSN, late Wednesday reported a drop of 82% in its first-quarter net profit, due to the rise of its costs in the period.

ThyssenKrupp Meets Operating Targets in First Half of 2012/2013

15 May 2013 - In the 1st half of the 2012/2013 fiscal year (October 01, 2012 – March 31, 2013) ThyssenKrupp achieved order intake from continuing operations of €19.3 billion, down 7% year-on-year.

Salzgitter's Loss Widens in 1Q, Expects No Significant Improvement

15 May 2013 - Germany-based steelmaker Salzgitter Group has issued its financial results data for the first quarter of the current year, stating that the performance of the company was overshadowed by persistently unfavorable general economic conditions in Europe.

Mike Rehwinkel Elected AISI Chariman

15 May 2013 - The Board of Directors of the American Iron and Steel Institute (AISI) has elected Michael T. Rehwinkel, president and CEO of EVRAZ North America, to serve as chairman of the Institute until May 2014. 

Emirates Steel Develops Apprenticeship Program

14 May 2013 - Emirates Steel, the only integrated steel plant in the UAE, has developed an internationally accredited three-year apprenticeship program that will develop the skills, knowledge and professionalism of UAE nationals.

Tata Steel Writes Down Assets Due to Weakness in Europe

14 May 2013 - Tata Steel expects non-cash write down of the goodwill and assets in the consolidated financial statements for the year ended 31 March 2013 of around US$1.6 billion due primarily to weakness in Europe.

EVRAZ North America Announces New Executive Vice President for Flat Products

14 May 2013 - EVRAZ North America announced the appointment of John Zanieski as executive vice president, Flat Products Group and Recycling.

Globe Specialty Metals Appoints New CFO

14 May 2013 - Globe Specialty Metals, Inc. announced that Joseph Ragan has been appointed to chief financial officer effective 20 May 2013.

AK Steel Announces Company's 2013 Sons and Daughters Scholarship Recipients

13 May 2013 - AK Steel is continuing a longstanding tradition this year by awarding college scholarships to sons and daughters of company employees.  The awards recognize outstanding academic achievement, leadership and community involvement. 

U.S. Agency Votes to Continue Case On Nickel-Plated Steel Imports from Japan

10 May 2013 - The United States International Trade Commission (USITC) determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of diffusion-annealed, nickel-plated flat-rolled steel products from Japan that are allegedly sold in the U.S. at less than fair value.

ArcelorMittal Flat Carbon Europe Reports €43 Million Q1 2013 Operating Loss

10 May 2013 - ArcelorMittal announced results for its Flat Carbon Europe segment for the first quarter of 2013.

ArcelorMittal Reports First Quarter 2013 Results

10 May 2013 - ArcelorMittal, the world’s leading integrated steel and mining company, announced results for the three month period ended 31 March 2013.

AIIS: U.S. Steel Exports Rise in March but Remain Below 2012 Levels

09 May 2013 - Steel exports increased in March 2013 over February 2013 by 6.1% based on government reporting analyzed by the American Institute for International Steel (AIIS).

Terry Fedor of Cliffs Natural Resources Appointed AIST President for 2013–2014

09 May 2013 - Terry G. Fedor II, U.S. Iron Ore Operations, Cliffs Natural Resources, Bentleyville, Ohio, USA, has been appointed president of the Association for Iron & Steel Technology (AIST) for 2013–2014.

AISI Lauds Reinvigoration of the Bipartisan Senate Steel Caucus

08 May 2013 - The American Iron and Steel Institute (AISI) lauds Senators Rockefeller (D-WV), Sessions (R-AL), Brown (D-OH) and Toomey (R-PA) as they announced the reinvigoration and leadership of the bipartisan Senate Steel Caucus. 

Hunter Foundry Machinery Names New Manager

08 May 2013 - Hunter Foundry Machine Corp. has named John Katsantonis to serve as its marketing communications manager.

Tenaris Says Oil and Gas Drilling Should Pick Up by End of Year

08 May 2013 - Tenaris said first quarter sales decreased as higher sales of premium OCTG products in Saudi Arabia and Sub-Saharan Africa did not fully compensate for lower sales in South America and the impact of lower market prices for less differentiated products in North America.

AIST Presents Steelmaker of the Year and Other Awards at AISTech 2013

07 May 2013 - Joon Yang Chung, chairman and chief executive officer of POSCO, was named “Steelmaker of the Year” at AISTech 2013 — The Iron & Steel Technology Conference and Exposition, managed by the Association for Iron & Steel Technology (AIST). Other award winners were also announced during the President's Award Breakfast.

Ford Fusion Design Team Earns Automotive Excellence Award at 12th Annual Great Designs in Steel Seminar

07 May 2013 - The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), gave top honors to Ford Motor Company's Ford Fusion design team at the 12th Annual Great Designs in Steel Seminar (GDIS) in Livonia, Mich. On 1 May.

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