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Latest News

Patriot Coal Names Bennett Hatfield as CEO

24 October 2012 - Patriot Coal Corporation, a producer and marketer of coal in the eastern U.S., announced that Bennett K. Hatfield has been named President and CEO and has been appointed to the Board of Directors, effective immediately.

Preliminary September U.S. Imports Decline 9% vs. August

24 October 2012 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,440,000 tons of steel in September, including 1,886,000 tons of finished steel (down 9% and 8%, respectively, from August final data).

ArcelorMittal Engineer Recognized with Top Award from Chinese Government

23 October 2012 - ArcelorMittal’s Marc Burty, a process development engineer, has won a prestigious award from the Chinese government for his work with Lianyuan Steel (LYS), a subsidiary of Hunan Valin Steel in which ArcelorMittal owns a stake.

August U.S. Steel Shipments Up 5% from July

22 October 2012 - The American Iron and Steel Institute reported that for the month of August 2012, U.S. steel mills shipped 8,377,162 tons, a 5.9% increase from the 7,910,486 tons shipped in the previous month, July 2012, and a 0.9% increase from the 8,304,638 tons shipped in August 2011.

September World Crude Steel Production Was Flat Year-on-Year

22 October 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 124 million tonnes in September 2012, recording no change compared to September 2011.

worldsteel Announces 7th Steeluniversity.com Challenge Launch Dates

22 October 2012 - The World Steel Association announced the 7th steeluniversity.org Challenge will begin with the Round 1 Regional Championship in November 2012 and will finish with the Round 2 World Championship in February 2013.

Steelworkers Ratify Contract with ArcelorMittal

19 October 2012 - The United Steelworkers (USW) said that workers represented by 14 local unions at ArcelorMittal USA facilities have ratified a three-year contract.

AK Steel Responds to WTO Decision That Chinese Duties Violated Rules

19 October 2012 - AK Steel commended the U.S. Trade Representative for successfully defending China’s appeal of a World Trade Organization (WTO) panel decision that China had no legal basis to impose antidumping and countervailing duties on imports of grain oriented electrical steel (GOES) from the U.S. beginning in December 2009.

China Loses WTO Appeal in U.S. Specialty Steel Case

18 October 2012 - China comprehensively lost an appeal on Thursday against a World Trade Organization ruling in a dispute over U.S. exports of a specialty steel product that is primarily made in the presidential battleground states of Ohio and Pennsylvania.

AK Steel Announces Price Increase for Carbon Steel Products

17 October 2012 - AK Steel said today that it will increase current spot market base prices for all carbon flat-rolled steel products by $40 per ton, effective immediately with new orders.

Fourth Annual Student Competition Launched to Drive the Next Generation of Lightweight Automotive Design

15 October 2012 - The Steel Market Development Institute’s (SMDI) Wheels Task Force, in partnership with Michelin and Lawrence Technological University (LTU), recently kicked off its fourth annual Steel Wheel Design Competition at the LTU campus in Southfield, Mich.

Fourth Annual Student Competition Launched to Drive the Next Generation of Lightweight Automotive Design

SSINA Reports U.S. Specialty Steel Imports Up 13.6% Through July

15 October 2012 - The Specialty Steel Industry of North America (SSINA) has released statistical data on imports, U.S. consumption, and import penetration for year-to-date July 2012.

U.S. Steel Exports Increase in August, AIIS Reports

15 October 2012 - U.S. steel exports increased in August compared to July by 8.1% according to U.S. government data analyzed by the American Institute for International Steel (AIIS).

Concerns Raised Over Price Volatility and Protectionism at worldsteel Conference

12 October 2012 - Price volatility and fear of increasing barriers to trade were on the minds of speakers and delegates at the annual conference of the World Steel Association that began in New Delhi on Wednesday, Platts reports.

U.S. ITC Will Conduct Full Sunset Reviews of Duties on Rebar from Seven Countries

12 October 2012 - The U.S. International Trade Commission has voted to conduct full five-year sunset reviews concerning antidumping duty orders on steel concrete reinforcing bar from Belarus, China, Indonesia, Latvia, Moldova, Poland and Ukraine.

A.M. Castle Names New President, CEO and Board Member

12 October 2012 - Specialty metal distributor A. M. Castle & Co. announced that its board of directors has named Scott Dolan president, CEO and board member, effective 15 October 2012.

worldsteel Releases Short Range Outlook for Global Apparent Steel Use

12 October 2012 - The World Steel Association forecasts that global apparent steel use will increase by 2.1% in 2012, which is considerably lower than the 6.2% growth achieved in 2011. In 2013, world steel demand will grow by 3.2% and reach a record high of 1,455 million tonnes.

SSAB Gives Notice of Redundancy Regarding 450 Employees

12 October 2012 - SSAB has today given notice of redundancy affecting 450 employees in the Swedish operations. The measures constitute part of the previously announced efficiency program within SSAB EMEA.

Cliffs Reaches Tentative Labor Agreement with USW at Minnesota Mining Operations

12 October 2012 - Cliffs Natural Resources Inc. announced a tentative agreement with the United Steelworkers (USW) on a new three-year labor contract offer that will cover approximately 2,400 USW-represented workers at Cliffs’ Empire and Tilden mines in Michigan and its United Taconite and Hibbing Taconite mines in Minnesota.

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