Steel News

NLMK Temporarily Reducing Pig Iron Production

06 July 2012 - NLMK announced it is idling the No. 2 blast furnace at its Lipetsk plant for a period of 60 days beginning today due to a deterioration in demand for pig iron in Russia and abroad.

U.S. ITC Votes to Expedite Sunset Review of Duties on Seamless Pipe from Germany

06 July 2012 - The U.S. International Trade Commission (ITC) has voted to expedite its five-year "sunset" review concerning the antidumping duty order on certain seamless carbon and alloy steel standard, line, and pressure pipe from Germany.

TMK Announces New Executive Appointments

05 July 2012 - TMK, one of the world's leading producers of tubular products for the oil and gas industry, has appointed Vladimir Oborsky as CEO of Trade House TMK and Andrei Parkhomchuk as Senior Vice President of Trade House TMK.

Canadian Tribunal Makes Preliminary Ruling in Trade Case Against Chinese Pipe Piling

05 July 2012 - The Canadian International Trade Tribunal (CITT) make a split determination in the preliminary results of its findings in a trade case against Chinese pipe piling imports.

Federal Government to Support Laid-Off Sparrows Point Workers with $3 Million in Assistance

05 July 2012 - The U.S. Department of Labor has awarded $3 million in National Emergency Grant (NEG) funding to provide employment related services to approximately 885 workers affected by closure of the RG Steel Sparrows Point Mill in Baltimore.

Essar Steel Algoma Announces 2012 Scholarship of Excellence Recipients

02 July 2012 - Essar Steel Algoma announced this year's recipients for the prestigious Scholarship of Excellence Program.  The program strives to give local students an academically and personally rewarding growth opportunity.

CMC Appoints John Elmore SVP and President of CMC International

02 July 2012 - Commercial Metals Company announced that effective today, Mr. John Elmore has been selected to serve as Senior Vice President of the company and President of the company's International division, succeeding Mr. Hanns Zollner who will retire as of 1 January 2013.

Steel Joist Institute Issues Call for Entries for 2012 Design Awards

02 July 2012 - The Steel Joist Institute is excited to announce call for entries for the 2012 Design Awards. Winning entries will receive a $2000 scholarship created in their company's name for the school of their choice.

U.S. Steel Announces New Executive Appointments

02 July 2012 - The United States Steel Corporation's Board of Directors has elected Mario Longhi to the position of executive vice president and chief operating officer. The company also announced the appointments of George F. Babcoke, Douglas R. Matthews and Michael S. Williams to the company's executive management committee.

MMFX Steel Appoints Technical Sales Manager

02 July 2012 - MMFX Steel Corporation of America has hired Recto (Jon) Colinares to serve as Technical Sales Manager. Mr. Colinares will provide engineering support as well as direct sales of MMFX2 corrosion-resistant and high-strength concrete reinforcing steel products.

Ryerson Names Edward J. Lehner as CFO

02 July 2012 - Ryerson, a leading processor and distributor of metals in North America, announced the appointment of Edward J. Lehner to the position of Executive Vice President and Chief Financial Officer (CFO), effective 1 August 2012.

Oates of Universal Stainless Wins 2012 E&Y Entrepreneur of the Year Award

29 June 2012 - Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced that Dennis M. Oates, Chairman, President and Chief Executive Officer, has received the Ernst & Young Entrepreneur of the Year® 2012 Award.

U. S. Steel Names Christian Korn Vice President-Commercial, Europe

29 June 2012 - United States Steel Corporation (NYSE: X) announced today that Christian Korn has been named vice president – commercial, Europe.

Salzgitter Appoints New Board Members

27 June 2012 - Dirk Schulte was appointed the new Industrial Relations Director of the Salzgitter steel companies and Stephan Lemgen will take over as Peiner Träger GmbH's new Managing Director Technology.

ThyssenKrupp VDM Wins 2012 Steel Innovation Prize

27 June 2012 - ThyssenKrupp VDM was, together with the Jülich Research Centre, awarded the 2012 Steel Innovation Prize in the "Steel in Research & Development/Processes" category for the new material Crofer® 22 H.

U.S. Steel Imports Dropped 6% in May

27 June 2012 - The U.S. imported a total of 2,945,000 tons of steel in May, including 2,323,000 tons of finished steel (down 6% each, respectively, from April final data). The 2.3 million tons of finished steel imports in May was the second highest monthly total in 2012, below only the April tonnage.

Canadian International Trade Tribunal Initiates Expiry Review of Seamless Well Casing

27 June 2012 - The Canadian International Trade Tribunal initiated an expiry review of its finding made on 10 March 2008, in Inquiry No. NQ-2007-001, concerning the dumping and subsidizing of seamless carbon or alloy steel oil and gas well casing from China.

Tata Steel to Assess Market Demand Before Relighting Port Talbot Furnace

26 June 2012 - Tata Steel said it may delay relighting the No. 4 blast furnace at Port Talbot, Wales, if market demand towards the end of the year does not justify immediate production.

U.S. Stainless Steel Consumption Declined in YTD March 2012

25 June 2012 - The Specialty Steel Industry of North America (SSINA) has released statistical data on imports, U.S. consumption, and import penetration for the first quarter of 2012.

Optima Specialty Steel Appoints Industry Veteran John Goodish to Board of Directors

25 June 2012 - Optima Specialty Steel, Inc., one of North America’s leading independent manufacturers of high quality cold drawn seamless tubes and cold finished steel bars, announced that it has appointed John H. Goodish as an independent director of the company, effective 5 June 2012.