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The latest news on companies supplying equipment, products and/or services to the iron and steel industry.

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Latest News

Terex Material Handling Unveils Innovative Demag Crane Design

27 February 2015 - Terex Material Handling has launched the Demag V-type crane design, a revolutionary crane that sets a new industry standard and weighs up to 17% less than comparable box-section profile girders.

MTAG Switzerland to Deliver Vacuum Degassing Installation to ArcelorMittal Hunedoara

25 February 2015 - MTAG Switzerland has signed a contract to supply a 100-metric-ton turnkey vacuum degassing installation with a dry mechanical pumping system to Romanian long product producer ArcelorMittal Hunedoara.

AUMUND Fördertechnik Names New Managing Director

24 February 2015 - Since 1 November 2014, AUMUND Fördertechnik GmbH in Rheinberg, Germany, has had a new managing director.

Platts China Steel Sentiment Index Plunged in February

24 February 2015 - The outlook for China's steel market for the next 30 days is down on the back of weaker expectations for new domestic and export orders ahead of the long Chinese New Year holiday, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which reflects market participants' expectations.

Tenova Goodfellow to Supply Two EFSOP Holistic Optimization Systems to SDI

24 February 2015 - Steel Dynamics Inc. has confirmed an order with Tenova Goodfellow for the supply and purchase of two EFSOP holistic optimization® systems, including water detection, for both EAF batteries at its Butler, Ind., steelmaking facility.

New Cold Rolling Mill from Primetals Technologies Produces First Coil at Tangshan

23 February 2015 - The cold rolling mill supplied by Primetals Technologies to Tangshan Iron and Steel Group Co. Ltd., a Chinese steel producer, has now been brought into production and the first coil was rolled in January 2015.

Magnetation Indefinitely Idles Plant One Iron Ore Concentrate Facility

23 February 2015 - Magnetation LLC announced that, due to low global iron ore prices, it will indefinitely idle its Plant 1 iron ore concentrate facility located in Keewatin, Minn., by the end of March 2015, placing the plant on a care and maintenance program.

Harsco Corporation Declares Regular Quarterly Cash Dividend

20 February 2015 - Action Marks Harsco's 260th Consecutive Quarterly Cash Dividend to Shareholders

Hyster-Yale Materials Handling, Inc. Announces Fourth Quarter and Full Year 2014 Results

20 February 2015 - Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced consolidated revenues of $710.7 million and consolidated net income of $26.4 million, or $1.61 per diluted share, for the fourth quarter of 2014 compared with consolidated revenues of $717.9 million and consolidated net income of $25.7 million, or $1.53 per diluted share, for the fourth quarter of 2013. Consolidated operating profit was $33.2 million for the fourth quarter of 2014 compared with $35.0 million for the fourth quarter of 2013.

Primetals Technologies to Modernize Rebar Rolling Line for KWTSteel in Kuwait

19 February 2015 - United Steel Industrial Company (KWTSteel), a Kuwaiti steel producer, has awarded Primetals Technologies an order to modernize its rebar rolling mill in the Shuaiba Industrial Area, Kuwait. Under the project the rolling mill will be equipped with an inline quenching system (PQS, Pomini Quenching System) and a new hot dividing shear with a higher capacity. The quenching system will produce the required material proper ties largely without the need for expensive alloying elements. This will improve KWTSteel’s access to export markets. The modernized rolling mill is scheduled to go on stream late 2015.

Konecranes Training Institute Promotes Safety With Rigging Fundamentals Course

18 February 2015 - Konecranes Training Institute aims to reduce crane accidents through education

Alpha Natural Resources Announces Results for Fourth Quarter and Full Year 2014

16 February 2015 - Alpha Natural Resources, Inc. (NYSE: ANR), a leading U.S. coal supplier, reported a fourth quarter 2014 net loss of $122 million or $0.55 per diluted share, compared with a net loss of $359 million or $1.62 per diluted share in the fourth quarter of 2013. Excluding the items described in "Reconciliation of Net Loss to Adjusted Net Loss," the fourth quarter 2014 adjusted net loss was $112 million or $0.50 per diluted share compared with adjusted net loss of $115 million or $0.52 per diluted share in the fourth quarter of 2013.

New Infographic Shows How Dust Collection Cyclones Work in Small Spaces

13 February 2015 - Compact Size Fits More Applications than Typical Cyclone

Fives Selected for Five New High-End Automotive Steel Projects

13 February 2015 - Fives, an international engineering group which designs and supplies process technologies to various industries, has been awarded five new processing line contracts for the automotive steel market, making it in this field a dominant equipment provider to steelmakers.

Unilux Completes 2nd Generation of Handheld Strobe Lights for Metals Industries

13 February 2015 - Unilux has introduced the LED1 and LED3, the next two members of its H2LED Series of handheld strobe lights for surface inspection, maintenance and troubleshooting for steel and aluminum mills and coil coating and service center operations.

Primetals Technologies Receives FAC for Heat Treatment Plant at Borusan Mannesmann in Texas

12 February 2015 - Primetals Technologies received the final acceptance certificate from Borusan Mannesmann Pipe U.S. for a heat treatment plant installed in the company ́s new ERW (Electric Resistance Welded) pipe mill in Baytown, Texas, USA. The equipment is used to quench and temper oil country tubular grades (OCTG), enabling Borusan Mannesmann to produce a wide range of high quality products for the highly competitive OCTG market. The Baytown facility is a subsidiary of the Turkish steel pipe producer Borusan Mannesmann Bo ru and is the first Turkish owned plant in the United States.

Primetals Technologies Revamps Two Wire Rod Mills for China’s Zenith Steel

10 February 2015 - The upgrade increases rolling speed to 105 m/s. Expanded product line allows entry into fine grain rebar markets. Integrated solution includes electrical/automation revamp.

Demag StatusControl Provides Crane Analysis in Real Time

10 February 2015 - Terex Material Handling has launched a new diagnostics system for crane installations with Demag StatusControl, providing a full overview of the status of your crane installations at all times.

IMS Revamping Former RG Slab Caster for U. S. Steel

09 February 2015 - Integrated Mill Systems (IMS) was awarded a contract by U. S. Steel to revamp the electrics and automation for a slab caster that is being relocated from the former RG Steel Sparrows Point mill in Maryland to the U.S. Steel Granite City Works in Granite City, Ill.

TMW Modifies Expansion Plans to Adapt to New Opportunities

09 February 2015 - The Material Works, Ltd. (TMW) announced today that the unprecedented acceptance and growth of Eco Pickled Surface (EPS) technology has forced reconsideration of its plans to open a flat rolled toll processing center adjacent to the Big River Steel mill being currently under construction. TMW will instead expand the capacity of its present Red Bud, Illinois facility to include a new EPS processing and technology center and associated equipment to process the new generation of higher strength steels.