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Latest News

Ellwood Group Announces Metallurgy Scholarship

01 October 2012 - Ellwood Group, Inc. (EGI) is pleased to announce its Annual Metallurgy Scholarship. In the interest of reaching a broader, more rounded pool of students, it has expanded the scholarship opportunities and criteria. A $15,000 scholarship will be awarded to the top candidate; and up to three additional $5,000 scholarships will be available to well qualified students.

U.S. Steel Announces Ratification of New Collective Bargaining Agreements by USW-Represented Employees

01 October 2012 - United States Steel Corporation and its U. S. Steel Tubular Products, Inc. subsidiary announced that its United Steelworkers-represented employees have ratified new three-year collective bargaining agreements.

U.S. Steel Announces Ratification of New Collective Bargaining Agreements by USW-Represented Employees

Brisk Demand Makes India a Bright Spot for Global Steelmakers

28 September 2012 - India is emerging as the sole bright spot for global steelmakers as brisk demand coupled with scarcity of raw material looks set to buoy imports by Asia’s third-largest economy in the next two years, bucking a slowdown that has hit even top consumer China, Reuters reports.

Metals Mill Manufacturing Executive Paul S. Morgan Dies at 88

27 September 2012 - Lifelong steel mill manufacturer Paul S. Morgan died Sunday, 23 September 2012, his family reported, at the age of 88. From 1965 to 1986, Paul Morgan served as president of Morgan Construction Company and continued as Chairman until his retirement in 2004.

Ruukki Announces Layoffs to Improve Efficiencies, Cut Costs

27 September 2012 - Ruukki Metals is to initiate employer-employee negotiations concerning the efficiency of its operations. The negotiations affect most of Ruukki Metals’ production organization in Finland, which means a total of around 3,500 persons.

U.S. Imports Drop Again, AIIS Reports

26 September 2012 - Steel imports declined in August by 10.9% compared to July, the American Institute for International Steel (AIIS) reports based on preliminary reporting by the government.

NLMK Announces New Candidate for Company President

26 September 2012 - Russia's NLMK announced that its Board of Directors has considered the proposal to nominate Oleg Bagrin, Executive Vice President and a member of NLMK Group’s Board of Directors, as candidate to the position of NLMK President and Chairman of the Management Board.

Monarch Steel Announces Senior Management Changes

25 September 2012 - Monarch Steel Company named Patrick Tatom as its CEO, effective immediately.

August Preliminary U.S. Steel Import Data Shows Gains in Several Products

25 September 2012 - Based on preliminary Census Bureau data, the American Iron and Steel Institute reported that the U.S. imported a total of 2,475,000 tons of steel in August, including 1,929,000 tons of finished steel (down 11% and 13%, respectively, from July final data).

TenarisTamsa Recognized as One of Best Companies in Mexico to Begin a Career

21 September 2012 - TenarisTamsa’s Industrial Center was named as the second best company in Mexico for new generations just beginning their careers, according to a recent ranking by Expansión magazine.

Obama Administration Announces US$500 Million in Grants for Job Training Programs

21 September 2012 - The U.S. Department of Labor announced $500 million in grants to community colleges and universities around the country for the development and expansion of innovative training programs in advanced manufacturing and other fields.

August World Crude Steel Production Slightly Lower Year-on-Year

20 September 2012 - World crude steel production for the 62 countries reporting to the World Steel Association was 124 million tonnes in August 2012, a decrease of -1.0% compared to August 2011.

Sims Metal Management Added to Dow Jones Sustainability World Index

19 September 2012 - Sims Metal Management Limited, the world’s largest publicly listed metal and electronics recycler, has, for the first time, been nominated as an Index Component in the Dow Jones Sustainability World Index.

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.

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