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Latest News

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.

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.

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