Steel News

Cliffs Natural Resources' Leader says Company is 'Headed in the Right Direction'

01 May 2013 - As the company reported its first quarter earnings results, Cliffs Natural Resources' chairman, president and CEO Joseph Carrabba said the company in headed in the right direction and anticipates the end markets for its products to remain healthy.

SSAB Foresees Weak Growth in Europe, a Slow Recovery in the U.S., and Continued Solid Demand in Latin America

01 May 2013 - SSAB said the first quarter of the year was characterized by a degree of restocking by customers, which had a positive impact on the company's volumes within all business areas.

TMS Confident as it Reports First Quarter Earnings

01 May 2013 - TMS International Corp., the parent company of Tube City IMS Corporation, a provider of outsourced industrial services to steel mills globally, said it continues to face a challenging industry environment as it reported its first quarter earnings results.

Cliffs Natural Resources Announces Planned Departure of Chief Strategy Officer

30 April 2013 - Cliffs Natural Resources Inc. announced that Steven Raguz, executive vice president, corporate strategy and communications & chief strategy officer, will leave the company effective 1 May 2013.

Edgen Group Names Senior Vice President, Americas for Edgen Murray

29 April 2013 - Edgen Group Inc., a global distributor of specialty steel products and services for the energy and infrastructure markets, has named Dan Keaton senior vice president, Americas for its Edgen Murray brand.

USW, ArcelorMittal Resolve Burns Harbor Safety Dispute

26 April 2013 - A safety dispute that idled blast furnaces and some other operations at ArcelorMittal's Burns Harbor mill has been resolved after two days of intense negotiations between union officials and management, the Northwest Indiana Times reports.

AISI: Preliminary U.S. Steel Imports Decrease 1% in March

26 April 2013 - The American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,476,000 tons of steel in March, including 1,967,000 tons of finished steel (down 1% and up 4%, respectively, vs. February final data).

Global Gauge Receives Export Achievement Award

26 April 2013 - Global Gauge Corp., a Moraine, Ohio-based manufacturer of non-contact thickness measurement gauges, recently received the Export Achievement Award from the U.S. Department of Commerce for its sales and marketing expansion efforts into South Korea and Brazil.

General Steel Appoints Industry Veteran as Vice President of Strategy & Operations

26 April 2013 - General Steel Holdings, Inc., a non-state-owned steel producer in China, announced the appointment of Mr. Yanqi Liu, a senior executive with over 45 years of extensive experience in the steel industry, as the company's vice president of strategy and operations.

Canadian Agency Begins Final Trade Inquiry into Galvanized Steel Wire Imports

26 April 2013 - The Canadian International Trade Tribunal initiated an inquiry respecting the dumping of cold-drawn carbon or alloy steel wire originating in or exported from China, Israel and Spain and the subsidizing of the above-mentioned goods from China.

Ruukki to Grow Its Special Steels Business and Reorganize Its Construction Business

25 April 2013 - Rautaruukki is accelerating its change into a company specializing in steel construction and special steels and is also reorganizing its structure.

Reuters: Union Says U. S. Steel Gives Notice of Lockout at Lake Erie

25 April 2013 - U.S. Steel Corp has given workers at its Lake Erie facility in Canada notice of a lockout to start on Sunday, 28 April 2013 at 9 a.m. EDT/1300 GMT, according to a letter posted on a union website, Reuters reports.

U.S. Initiates Trade Investigation into Imports of Nickel-Plated Flat Rolled Steel from Japan

25 April 2013 - The Department of Commerce announced the initiation of an antidumping duty (AD) investigation of imports of diffusion-annealed, nickel-plated flat-rolled steel products from Japan.

Outokumpu Proceeds with Efficiency Measures Which Will Results in Job Reductions

25 April 2013 - As part of its intention to significantly reduce its operating expenses and return the company to profitability, Outokumpu has announced plans that are expected to result in job reductions.

Canadian Agency Begins Expiry Review of Duties on Plate Imports

25 April 2013 - The Canadian International Trade Tribunal initiated an expiry review of its order made on 8 January 2009 concerning the dumping of hot-rolled carbon steel plate and high-strength low-alloy steel plate from the Bulgaria, the Czech Republic and Romania.

Canadian Agency Launches Trade Investigation into Silicon Metal from China

24 April 2013 - The Canadian International Trade Tribunal today initiated a preliminary injury inquiry into a complaint by Québec Silicon Limited Partnership that it has suffered injury as a result of the dumping and subsidizing of silicon metal from the People's Republic of China.

Konecranes Appoints Senior Vice President, Human Resources

24 April 2013 - Timo Leskinen has been appointed senior vice president, human resources of Konecranes Plc and will be responsible for all human resources (competence development and administration) and corporate responsibility (health, safety and environment) matters.

Engineering Students Take on New Challenge in International Cold-Formed Steel Design Competition

24 April 2013 - The third International Student Competition on Cold-Formed Steel Design competition is open to all full-time students at either the undergraduate or graduate levels who are interested in cold-formed steel design, creative in problem solving, and eager to learn new technologies.

U.S. Steel Imports Decline Again in March

23 April 2013 - U.S. steel imports declined again in March by 1.3% compared to February based on preliminary government reporting analyzed by the American Institute for International Steel (AIIS).

ThyssenKrupp Steel Europe Awarded German Training & Development Prize 2013

23 April 2013 - ThyssenKrupp Steel Europe AG has been awarded the German Training & Development Prize 2013 for excellence and best practice in connecting talent management, knowledge management and demographic change management in an integrated people management system.