Steel News

Preliminary U.S. Steel Imports Decline 2% from September to October

28 November 2012 - Based on preliminary Census Bureau data, the American Iron and Steel Institute reported that the U.S. imported a total of 2,540,000 tons of steel in October, including 2,059,000 tons of finished steel (down 2% and up 3%, respectively, from September final data).

Carpenter Technology Announces Retirement of Senior Vice President

27 November 2012 - Mark Kamon, senior vice president – commercial specialty alloy operations, announced that he will retire from Carpenter Technology effective 31 December 2012.

Metinvest Appoints New Director of Ilyich Steel

26 November 2012 - Ukraine's Metinvest announced the appointment of Yuriy Zinchenko as general director of the Ilyich Iron and Steel Works (Ilyich Steel).

Harsco Announces Resignation of CFO

23 November 2012 - Diversified global industrial company Harsco Corporation announced the resignation of Stephen J. Schnoor as senior vice president, chief financial officer and treasurer.

Mexico Opens Anti-Dumping Probe Into China Seamless Steel Pipes

23 November 2012 - Mexico’s economy ministry said on Wednesday it has opened an anti-dumping probe into Chinese seamless steel pipes after local company TAMSA complained of price differences between the Asian imports and domestic production, Reuters reports.

SSAB Awards 2012 Swedish Steel Prize to New Zealand Company

22 November 2012 - SSAB announced the Swedish Steel Prize has been awarded to A-Ward Attachments Ltd. of New Zealand, which designed a flexible system using high-strength steel which compresses and packs metallic scrap in containers.

CMI Recognized for Waste Management

22 November 2012 - CMI s.a., the parent company of CMI Group, has been awarded for its selective recycling collection of industrial waste during 2011.

ThyssenKrupp Electrical Steel Receives "German Business Award for Health"

21 November 2012 - The electrical steel manufacturer ThyssenKrupp Electrical Steel GmbH was presented with a special "German Business Award for Health" (industry category) in Berlin by the BKK Federal Association.

Heidtman Steel Products Says Chinese Firm Owes It $7 million

21 November 2012 - A Toledo company that has supplied steel for the Detroit Three automakers and raw materials to steel mills says it was duped eight years ago by a Chinese business that claimed to have a great supply of coking coal for sale, the Toledo Blade reports.

Outotec Appoints New Executive Board Member

21 November 2012 - Outotec, a minerals and metals processing technology company, has appointed Ms. Kirsi Nuotto, M.A., as new Senior Vice President - Human Capital and member of the Executive Board as of 9 January 2013.

World Crude Steel Production Slightly Higher in October

20 November 2012 - World crude steel production for the 62 countries reporting to the World Steel Association was 126 million tonnes in October 2012, an increase of 1.3% compared to October 2011.

U.S., Russia Reach Draft Deal on Hot Rolled Steel Trade

19 November 2012 - The U.S. Commerce Department said it had reached a draft agreement with the Russian government to revise a 13-year-old deal governing imports of hot-rolled steel, Reuters reports.

AISI Recognizes DiMicco for His Service to the Institute, Steel Industry

19 November 2012 - The American Iron and Steel Institute recognized Daniel DiMicco, who is stepping down as CEO of Nucor Corporation on 1 January 2013, for his dynamic leadership on AISI's Board of Directors which has been invaluable in advancing the steel industry's pro-manufacturing agenda.

Specialty Steel Industry of North America Releases Market Data for August 2012

19 November 2012 - The Specialty Steel Industry of North America has released statistical data on imports, U.S. consumption, and import penetration for YTD August 2012, commenting that it is particularly tracking remarkable growth in imports of stainless plate, which are up nearly 31% over 2011 levels.

John Ferriola to be Named Nucor CEO Effective 1 January 2013

16 November 2012 - Nucor CEO Daniel R. DiMicco announced that he is passing this privilege and responsibility on to current President and Chief Operating Officer, John J. Ferriola. Ferriola will follow DiMicco as CEO effective 1 January 2013.

U.S. Agency Determines Imports Are Not Hurting U.S. Pipe and Tube Industry

15 November 2012 - The U.S. International Trade Commission determined that imports of circular welded carbon-quality steel pipe from a host of countries have not injured or do not threaten to injure the U.S. industry; as a result, no antidumping or countervailing duty orders will be issued on the imports.

Canada Agency Makes Final Ruling in Trade Case Against Standard Pipe Imports

14 November 2012 - The Canada Border Services Agency (CBSA) made final determinations in the trade cases investigating standard pipe imports from the Chinese Taipei, India, Oman, Korea, Thaialnd, the United Arab Emirates and Turkey.

Don B. Daily Memorial Fund Selects Recipients

13 November 2012 - The Association for Iron & Steel Technology (AIST) Foundation and the Steel Manufacturers Association (SMA) are proud to announce the second-year recipients of the newly established Don B. Daily Memorial Fund to Promote Steel Industry Safety and Health.

U.S. Steel Exports Sag in September on Weakening International Markets

13 November 2012 - U.S. steel exports declined in September compared to August by 9.7% according to government data analyzed by the American Institute for International Steel (AIIS).

Kennametal Launches Initiative to Hire Veterans; Address Skills Gap

12 November 2012 - Kennametal Inc. announced a hiring initiative to actively recruit former military personnel into manufacturing careers as part of its initiatives to ensure the sustainability of manufacturing and provide employment for future generations.