Steel News

Salzgitter Flachstahl to Raise Prices by €30 Per Ton

20 August 2013 - Salzgitter Flachstahl GmbH announced it will raise its flat steel prices by € 30 per ton for all new orders as from 1 September 2013.

U. S. Steel President Mario Longhi to Become CEO; John Surma Becomes Executive Chairman

19 August 2013 - United States Steel Corporation's Board of Directors elected president and chief operating officer Mario Longhi as a director, and announced that he will succeed Chairman John P. Surma as chief executive officer effective 1 September 2013. Surma will retain the position of executive chairman through 31 December 2013 when he will retire from the company and from the board of directors.

AISI Comments on U. S. Steel Leadership Changes

19 August 2013 - Commenting on John Surma's retirement from U. S. Steel, the American Iron and Steel Institute said the steel industry in general, and AISI in particular, will forever be indebted to John Surma for his passion, wisdom, commitment and leadership over the past decade as CEO of U.S. Steel.

USW Members Ratify Labor Agreement for AK Steel's Ashland Works

19 August 2013 - AK Steel said that members of the United Steelworkers (USW) Local 1865 union have ratified an 18-month labor agreement covering more than 800 hourly production and maintenance steel operations employees at the company's Ashland, Ky., Works. 

U.S. Agency Votes to Continue OCTG Trade Case

19 August 2013 - The United States International Trade Commission (USITC) determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of certain oil country tubular goods from India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine, and Vietnam that are allegedly sold in the U.S. at less than fair value and allegedly subsidized by the governments of India and Turkey.

U. S. Steel General Counsel and Senior Vice President—Corporate Affairs James Garraux to Retire

19 August 2013 - United States Steel Corporation chairman and chief executive officer John P. Surma announced that general counsel and senior vice president – corporate affairs James D. Garraux has informed the company of his plan to retire by the end of 2013 after 34 years with the company.

David Burritt Named CFO at U. S. Steel

19 August 2013 - United States Steel Corporation chairman and CEO John P. Surma announced that David B. Burritt will succeed Gretchen R. Haggerty as executive vice president and chief financial officer. 

USW Thanks OSHA for Republic Steel Citations

16 August 2013 - The United Steelworkers (USW) expressed gratitude to the Occupational Health and Safety Administration (OSHA) for the 12 August 2013 citations issued to Republic Steel.

U.S. Service Center Shipments Reverse Declines in July

15 August 2013 - In July, the pattern of consistent monthly decline of U.S. steel and aluminum shipments reversed, with shipments increasing approximately 5% over last year, the Metals Service Center Institute (MSCI) reported. In Canada, July shipments of both steel and aluminum continued to decline but at rates that were much slower than June. 

Heidtman Employees Honored at Service Awards Dinner

14 August 2013 - The Heidtman Steel awards dinner was held 12 June 2013 at the Toledo Club in downtown Toledo.

SteelBenchmarker: HRB Prices Continue Ascent

14 August 2013 - The bi-monthly SteelBenchmarker™ price report for 12 August 2013 showed world export, U.S., western Europe and Chinese HRB prices rising between 1.0% and 3.7% from the reading two weeks prior.

517 Teams from 9 Countries Enrolled in Alacero's 6th Steel Design Contest for Students of Architecture

13 August 2013 - Organized by Alacero, the enrollment process for the 6th Steel Design Contest for Students of Architecture began with great success.

Patriot Coal and UMWA Reach Consensual Agreement

13 August 2013 - Patriot Coal Corporation announced that its signatory subsidiaries have reached a consensual agreement with the United Mine Workers of America regarding their collective bargaining agreements and the provision of healthcare benefits for UMWA-represented retirees. 

Report: Senior Management at ArcelorMittal India Quit

12 August 2013 - ArcelorMittal is facing an exodus of senior management at its India office, with about 20 top executives, including its CEO for greenfield projects, Sanak Mishra, quitting, The Indian Express is reporting.

U.S. Agency Votes to Continue Trade Case on Steel Threaded Rod from India and Thailand

12 August 2013 - The United States International Trade Commission determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of certain steel threaded rod from India and Thailand that are allegedly sold in the U.S. at less than fair value and alleged to be subsidized by the Government of India.

Report: Gerdau to Idle Cambridge, Ontario, Melt Shop

12 August 2013 - The steel company Gerdau, headquartered in Rio de Janeiro, has announced plans to idle the melt shop at its Cambridge, Ontario, steel mill complex, according to Recycling Today.

USW, AK Steel Reach Tentative Agreement at Ashland, Ky., Plant

12 August 2013 - The United Steelworkers (USW) have reached a tentative agreement on a new contract with AK Steel covering 860 workers at the steelmaker's Ashland, Ky., facilities.

Essar Steel Appoints New Executive Vice Chairman

12 August 2013 - Essar Steel India Ltd announced the appointment of Mr.Firdose A. Vandrevala as executive vice chairman effective 12 August 2013. 

MRC Global Announces Executive Management Changes

12 August 2013 - MRC Global Inc. announced changes in its executive management and organization. Effective immediately, Alan Colonna will assume the role of executive vice president – business development and U.S. Operations, and Gary Ittner will assume the role of executive vice president – supply chain.

Northwest Pipe Predicts Third Quarter Will Be Its Weakeast This Year

09 August 2013 - Northwest Pipe Company announced its second quarter 2013 financial results, noting that it expects the third quarter to be its weakest in 2013.