Steel News

Steel Dynamics Provides Third Quarter Earnings Guidance

18 September 2013 - As it reported its earnings guidance for the third quarter of 2013, Steel Dynamics Inc. noted that increased profitability from the company's sheet operations is related to both higher volume and metal spread.

Nucor Announces Guidance for Third Quarter Earnings

17 September 2013 - Nucor Corporation announced guidance for its third quarter ending 28 September 2013 noting that the strongest end markets continue to be in manufactured goods including energy and automotive.

Schnitzer Steel Announces Change to Media Contact

17 September 2013 - Schnitzer Steel Industries, Inc. announced that Tom Zelenka, vice president of environmental and public affairs, has assumed responsibility for media relations and communications.

Yuriy Bokachev Appointed Managing Director of NLMK DanSteel

17 September 2013 - Yuriy Bokachev has been appointed managing director of NLMK DanSteel A/S, a Danish plate producer and part of NLMK Europe Plate Products. In this capacity, Yuriy Bokachev will be responsible for NLMK DanSteel’s operating activities, operational health and safety, and environmental issues.

Severstal North America Appoints New Chief Financial Officer

16 September 2013 - Severstal North America (SNA), a leading steel producer in the U.S. and a subsidiary of OAO Severstal, one of the world’s largest steel and mining companies, announced the appointments of chief financial officer, Ms. Olga Petrova, and deputy chief financial officer, Mr. Michael Tuomey.

July U.S. Steel Shipments Up 6% M-o-M, Down 4% Y-o-Y

16 September 2013 - The American Iron and Steel Institute (AISI) reported that for the month of July 2013, U.S. steel mills shipped 8,274,511 tons, a 6.0% increase from the 7,806,319 tons shipped in the previous month, June 2013, and a 4.6% increase from the 7,910,486 tons shipped in July 2012.

ArcelorMittal Maintains Membership in Dow Jones Sustainability Index Europe

16 September 2013 - ArcelorMittal has maintained its membership in the Dow Jones Sustainability Index Europe (DJSI).

Seasoned Rail Professional Joins EVRAZ North America Sales Team

13 September 2013 - EVRAZ North America announced that Brian Elgart has joined its Pueblo, Colo., commercial rail team as director, sales — rail and semi-finished products.

Marmon Distribution Services President to Retire; Successor Named

13 September 2013 - After 45 years of service to the company, Marmon Distribution Services, Inc. president Norman Gottschalk Jr. has announced his retirement effective 31 January 2014. Current vice president of Marmon Distribution Services Alan Wilkinson has been selected as Gottschalk Jr.'s successor.

Canadian Agency Begins Preliminary Investigation of Dumping of Hot Rolled Plate

13 September 2013 - The Canadian International Trade Tribunal initiated a preliminary injury inquiry into a complaint by Essar Steel Algoma Inc., of Sault Ste. Marie, Ontario, that it has suffered injury as a result of the dumping of hot rolled carbon steel plate from Brazil, Chinese Taipei, Denmark, Indonesia, Italy, Japan and Korea.

Siemens Again Awarded Top Ranking in Dow Jones Sustainability Index

13 September 2013 - Siemens has been named the most sustainable capital goods company in the Dow Jones Sustainability Index (DJSI), an internationally renowned sustainability ranking published by an association of investors. The company's top position underscores its uncontested leadership in sustainability across seven industries. Siemens also received this honor last year — the highest that a company can achieve in the DJSI.

GrafTech Names Erick R. Asmussen Chief Financial Officer

12 September 2013 - GrafTech International Ltd. announced that Erick R. Asmussen, GrafTech’s current vice president of strategy, planning and corporate development, has been appointed vice president and chief financial officer.

SEASI Gives Analysis of Steelmaking and Ferrous Scrap Supply in ASEAN

12 September 2013 - ASEAN’s total steelmaking capacity is estimated at 39.4 million tonnes in 2013 and is expected to expand by 6–7 million tonnes by next year, the South East Asia Iron & Steel Institute (SEASI) reports.

Arch Coal Named Among Top Business Technology Innovators

12 September 2013 - Arch Coal, Inc. earned a spot in the 2013 InformationWeek 500. This marks the eighth consecutive year that Arch Coal has been ranked one of the nation's most innovative users of business technology by InformationWeek.

OMV Petrom Establishes World Record Using Tenaris Products

12 September 2013 - OMV Petrom, the largest oil and gas producer in southeastern Europe, recently set a world record for the diameter and depth of a column drilled using Tenaris casing drilling.

Outotec Selected to the Dow Jones Sustainability Index

12 September 2013 - Outotec has been selected to the Dow Jones Sustainability Europe Index for 2013–2014. The DJSI follows a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics.

Outokumpu Appoints New Head of Investor Relations

12 September 2013 - Johanna Henttonen has been appointed as head of investor relations at Outokumpu as of 10 September 2013. She will report to the CFO of Outokumpu and will be based in Outokumpu head office in Espoo, Finland.

JFE Steel's Earthquake-Resistant Linepipe Wins 2013 R&D 100 Award

11 September 2013 - JFE Steel Corporation announced that its earthquake-resistant linepipe HIPER® won the 2013 R&D 100 Award for Mechanical Systems, presented by the U.S. science and technology publication R&D Magazine.

World Steel Association Announces 8th Virtual Steelmaking Challenge

11 September 2013 - Each year since 2005, the World Steel Association (worldsteel) has hosted the steeluniversity Virtual Steelmaking Challenge, where students and young industry employees can test their skills using the sophisticated online process simulations.

Ellwood Group Announces 7th Annual Metallurgy Scholarship

11 September 2013 - The Ellwood Group, Inc. is pleased to announce its 7th Annual Metallurgy Scholarship, which is awarded to talented and dedicated metallurgical students to encourage their pursuit of a career within the steel and heavy metal industry.