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Latest News

July U.S. Steel Shipments at Lowest Monthly Level So Far This Year

18 September 2012 - The American Iron and Steel Institute reported that for the month of July 2012, U.S. steel mills shipped 7,910,486 tons, a 1.3% decrease from the 8,016,834 tons shipped in the previous month.

First Batch of ArcelorMittal Galati Interns Graduate

18 September 2012 - The first batch of ArcelorMittal Galati interns have graduated summer school. 20 students from Romania, one from France and one from China studied and worked on practical projects which covered real production situations to be improved.

Outokumpu Ranks Again in the Dow Jones Sustainability World Index

17 September 2012 - Outokumpu’s strong sustainability performance has been recognized again by the Dow Jones Sustainability Indexes (DJSI) in their 2012 review.

China Launches WTO Challenge Over U.S. Anti-Subsidy Tariffs

17 September 2012 - China filed a complaint at the World Trade Organization on Monday, 17 September to challenge a new U.S. law on "countervailing duties", or tariffs intended to combat export-promoting subsidies.

EU Stainless Steel Demand Seen Unlikely to Rebound Until 2013

14 September 2012 - European demand for stainless steel is likely to remain weak at least until next year as economic stagnation in the region and tight finance crimp major consumers such as the automotive and construction sectors, market participants told Reuters.

U.S. Steel Exports Slipped Again in July

14 September 2012 - Steel exports declined in July compared to June by 7.4%, according to government reporting analyzed by the American Institute for International Steel.

SSINA Releases Market Data for First Half of 2012

14 September 2012 - The Specialty Steel Industry of North America (SSINA) has released statistical data on imports, U.S. consumption, and import penetration for the first six months of 2012.

Winners Named in 2nd Annual Cold-Formed Steel Design Student Competition

14 September 2012 - The winners of the second annual Student Competition on Cold-Formed Steel Design have been announced. The competition is held to promote higher education in cold-formed steel structural design and to encourage students to use creative thinking skills to solve engineering problems.

ArcelorMittal Named Steel Leader in Top Sustainability Index

13 September 2012 - ArcelorMittal has ranked first in the steel sector of the Dow Jones Sustainability Index (DJSI).

Siemens Ranked as Supersector Leader in Sustainability Index

13 September 2012 - Siemens was ranked as Supersector Leader in the Dow Jones Sustainability Index (DJSI) for the first time, leading the category "Industrial Goods and Services." Siemens also won the top spot in the sector "Diversified Industrials."

Cliffs Natural Resources Announces Executive Management Appointments

13 September 2012 - Cliffs Natural Resources Inc. announced executive management appointments effective 1 October 2012.

Kennametal Earns Spot on 2012 Information Week 500 List of Top Technology Innovators

12 September 2012 - Kennametal Inc. announced that it has been named to this year’s InformationWeek 500, an annual listing of the nation’s most innovative users of business technology.

Steel Dynamics Provides Third Quarter Earnings Guidance

12 September 2012 - Steel Dynamics, Inc. provided third quarter earnings guidance in the range of $0.01 to $0.05 per diluted share, largely reflecting charges related to the company’s recent refinancing as well as a combination of global economic and political uncertainty continuing to impact customer confidence.

Ray Milchovich to Rejoin the Nucor Board of Directors

11 September 2012 - Nucor Corporation announced that its board of directors increased its size from 10 to 11 members with the election of Raymond J. Milchovich.

Russel Metals Comments on Strike at Boucherville Plant in Quebec

11 September 2012 - Russel Metals Inc. announced that it is in discussions with the Québec Ministry of Labour and the Confédération des Syndicats Nationaux (CSN) representatives to reach agreement on language and issues related to the company’s Acier Leroux plant in Boucherville, Quebec. During this process the union has taken strike action.

California Steel Industries Names New Chairman of the Board

11 September 2012 - Mr. Aristides Corbellini of Vale, S.A. has been named Chairman of the Board for California Steel Industries, Inc. (CSI), after Mr. Vicente Wright’s decision to leave the position to pursue new challenges.

Tree Island and Union Local Sign Three Year Collective Agreement

10 September 2012 - Wire producer Tree Island Industries Ltd. and Teamster Local 213 have successfully concluded a new three-year collective agreement.

Outokumpu Oyj Concludes Statutory Negotiations with General Stainless

10 September 2012 - Statutory negotiations concerning white-collar employees in General Stainless started in June 2012 have now concluded, Outokumpu announced. Negotiations were started after Outokumpu announced plans to improve the efficiency of its operations to reach sustainable profitability.

Majestic Steel USA Wins NorthCoast 99 Award

10 September 2012 - Majestic Steel USA is honored to be recognized by ERC as one of Northeast Ohio’s best places to work.

Allegheny Technologies Elects New Director

10 September 2012 - Allegheny Technologies Incorporated announced that Carolyn Corvi has been elected to the ATI Board of Directors. Her election increases the number of directors to eleven.

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