Steel News

AIIS: U.S. Steel Imports Up in November, Market Shows Small Improvement

04 January 2013 - U.S. steel imports increased in November compared to October by 2% according to preliminary government data analyzed by the American Institute for International Steel (AIIS).

Strategic Alliance for Steel Fuel Tanks Appoints New Program Manager

04 January 2013 - The Strategic Alliance for Steel Fuel Tanks (SASFT), together with the Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute, recently announced the appointment of Richard J. Cover as program manager.

AISI: December U.S. Imports Down 11% from November

03 January 2013 - The American Iron and Steel Institute (AISI) reported that U.S. steel import permit applications for the month of December totaled 2,358,000 tons. This was a 10% decrease from the 2,615,000 permit tons recorded in November and down 11% from the November preliminary imports total of 2,659,000 tons.

U.S. Preliminary Imports Rise 2% From October to November

02 January 2013 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,659,000 tons of steel in November, including 1,988,000 tons of finished steel (up 2% and down 6%, respectively, from October final data).

Alberto Iperti Appointed New CEO of Tenova

02 January 2013 - Alberto Iperti has been appointed the new CEO of Tenova.

Olympic Steel Announces Management Promotions

02 January 2013 - Olympic Steel, Inc., a national metals service center, announced several executive and operating management changes to support the company's strategic growth initiatives in 2013 and beyond.

Outokumpu Appoints Johann Steiner as EVP — Human Resources

02 January 2013 - Outokumpu has appointed Johann Steiner as executive vice president — human resources and health, safety and sustainability.

Outokumpu Appoints Tamara Weinert as VP — Investor Relations

02 January 2013 - Mrs. Tamara Weinert has been appointed as vice president — investor relations at Outokumpu as of 28 December 2012.

Association of Women in the Metal Industries Hosts Annual Conference in Denver

31 December 2012 - A gathering of nearly 150 metals industry professionals assembled in the Mile-High City at the Association of Women in the Metal Industries' annual conference in November to network, share ideas, interact with industry leaders and learn about the latest developments impacting their businesses.

Essar Steel Hazira Plant Honored for Excellence in Safety

31 December 2012 - The Essar Steel Hazira facility was recognized for excellence in safety, winning the runner-up Manufacturing Today Award 2012 in the large industries category.

Petrobas Names Tenaris a "Best Supplier of Goods and Services"

31 December 2012 - Petrobras recently recognized Tenaris in the framework of the “Best Suppliers of Goods and Services” awards in two categories.

Sutor Technology Group Appoints New CFO

31 December 2012 - Sutor Technology Group Limited, a China-based manufacturer and distributor of high-end fine finished steel products and welded steel pipes used by a variety of downstream applications, announced that it has appointed Naijiang (Eric) Zhou as its chief financial officer,

Olympic Steel Named 2012 Pillar Award Recipient for Community Service

27 December 2012 - Olympic Steel, Inc., a national metals service center, announced it received a Medical Mutual 2012 Pillar Award for Community Service. The company was named one of 10 honorees.

Kentucky Electric Steel Reaches Labor Accord

27 December 2012 - The United Steelworkers Local 7054 and KES Acquisition Co. (dba Kentucky Electric Steel) have reached agreement on a new labor contract.

U.S. Steel Exports Increase in October

26 December 2012 - Steel exports increased in October compared to September 2012 by 12.1%, according to government reporting analyzed by the American Institute for International Steel.

Severstal North America Appoints General Manager, Metallics Purchasing

26 December 2012 - Severstal North America has appointed Mr. Sachin Shivaram, general manager, metallics purchasing, reporting to Mr. Saikat Dey, chief strategy and procurement officer.

Chinese Iron & Steel Association: Steel Industry Hit by Overcapacity

25 December 2012 - China's steel industry is facing a problem of overcapacity, with steel prices at 1994 levels, a senior official said. "The steel industry is facing an increasingly difficult time, and the surplus capacity is worsening," said Zhang Changfu, secretary-general of the China Iron & Steel Association, China Daily reports.

SSINA Releases Stainless and Specialty U.S. Market Data for September 2012

24 December 2012 - The Specialty Steel Industry of North America (SSINA) has released statistical data on imports, U.S. consumption, and import penetration for YTD September 2012.

Steel Joint Institute Announces 2012 Design Award Winners

21 December 2012 - The Steel Joist Institute is pleased to announce the winners of its 2012 Design Awards. The awards are presented in three categories – industrial, non-industrial and unique. The three winning companies received a $2,000 scholarship in their name to a school of their choice for an engineering student.

World Crude Steel Production Rises 5% Year-on-Year

21 December 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 122 million tonnes in November 2012, an increase of 5.1% compared to November 2011.