▶Subscribe to the Steel News Rewind Newsletter

Latest News

AIST's Steel News provides the steel community with technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

Freudenberg-NOK Sealing Technologies Develops Leak-Tight Radial Shaft Seal for Roller Bearings in Steel Plants

04 May 2015 - Freudenberg-NOK Sealing Technologies' unique solution to the roller bearing challenges found in steel plants – the Merkel Radiamatic RPM 41 radial shaft seal – will be on display at AISTech, Steel's Premier Technology Event in Cleveland, Ohio, May 4–6.

Quaker Chemical Spotlights its Fire Resistant Hydraulic Fluids, Specialty Grease Solutions, and Industry Speakers

04 May 2015 - In high temperature environments, such as steel mills, fires can spontaneously happen with an increased frequency due to the widespread use of highly flammable mineral-oil based products.

Alpha Natural Resources Announces Results for First Quarter 2015

04 May 2015 - Alpha Natural Resources, Inc., a leading U.S. coal supplier, reported a first quarter 2015 net income of $68 million or $0.30 per diluted share, compared with a net loss of $56 million or $0.25 per diluted share in the first quarter of 2014.

Salzgitter-Group Announces Strong First Quarter of 2015

04 May 2015 - In the first quarter of the financial year 2015 the Salzgitter Group generated external sales of € 2.3 billion, reflecting a stable performance over the previous quarter, and posted a pre-tax profit of € 51.8 Mio. (first quarter of 2014: € –8.7 million).

Ace World Companies Raises Profile on Social Media

04 May 2015 - Ace World Companies will support its high profile marketing and advertising strategy with a revitalized social media presence having relaunched Twitter, Facebook and LinkedIn accounts in advance of publication of the crane and hoist manufacturer’s first blog later this month (April).

Linde Industrial Gas Technologies Help Steelmakers Improve Operational Efficiencies and Profitability

04 May 2015 - Experts in steel metallurgy and process gas engineering from Linde LLC and Linde Engineering North America Inc. (Blue Bell, PA) will showcase technologies for improving plant productivity, product quality and environmental performance at AISTech 2015 at the Cleveland Convention Center, May 4-6.

Universal Stainless Reports First Quarter 2015 Results in Line With Preliminary Forecast

01 May 2015 - • Net Sales are $56.0 Million - Highest in 10 Quarters • Premium Alloy Sales Reach Record 9% of Total Sales • Gross Margin and Operating Income Reduced by Effect of Commodity Price Drop on Surcharges • Net Income Totals $0.1 Million, or $0.02 per Diluted Share • Quarter-End Backlog Is $58.5 Million

MRC Global Elects Barbara Duganier to the Board of Directors

01 May 2015 - MRC Global Inc. announced 29 April 2015 that Barbara J. Duganier has joined MRC Global's Board of Directors.

Konecranes PLC - Interim Report January–March 2015

01 May 2015 - Strong order intake, service result continued to improve,equipment result weak.

Dover Hydraulics Named A.L.B.A. Authorized Service Center for North American Steelmakers

01 May 2015 - Dover Hydraulics has been named the authorized North American service center and parts distributor for A.L.B.A., worldwide provider of steel-making cutting technology based in Genova, Italy.

Outokumpu Reports EUR 2 Million Underlying EBIT for the First Quarter of 2015

01 May 2015 - Outokumpu reported underlying EBIT of EUR 2 million versus EUR -9 million in the fourth quarter of 2014. The improvement in profitability was driven by higher volumes and steady performance in Coil EMEA, whereas Coil Americas’ performance was disappointing.

United States Steel Corporation Reports 2015 First Quarter Results

01 May 2015 - -- Net loss of $75 million, or $0.52 per diluted share; Adjusted net loss of $10 million, or $0.07 per diluted share -- Adjusted EBITDA of $110 million -- Operating cash flow of $136 million -- Total liquidity of $2.8 billion, including $1.3 billion of cash -- Updated full-year 2015 outlook to adjusted EBIT of $115 million to $315 million and adjusted EBITDA of $700 million to $900 million

Ovako Releases Interim Report for First Quarter 2015

30 April 2015 - • The quarter began with weak order intake, which gradually improved. Order intake was 10 percent lower than in the strong first quarter of 2014 • Sales volumes were impacted by the weak order intake at the end of last year and decreased by 8 percent compared with the first quarter of 2014. An improved sales mix limited the decrease in revenue to 7 percent • Operating profit before depreciation and amortisation (EBITDA) amounted to EUR 27 (30) million and operating profit (EBIT) amounted to EUR 17 (18) million • Cash flows from operating activities amounted to EUR -5 (5) million • Steel and metals distributor Ovako Metals Oy Ab (formerly Tibnor Oy) in Finland was acquired on March 31 which has lead to a 3 MEUR positive one-off effect on operating profit

Mechel Reports 2014 Operational Results

30 April 2015 - Mechel OAO, one of the leading Russian mining and metals companies, announced its 2014 operational results.

Cliffs Natural Resources Inc. Reports First-Quarter 2015 Results

30 April 2015 - Cliffs Natural Resources Inc. reported its first-quarter results for the period ended March 31, 2015.

AK Steel Reports Financial Results for First Quarter of 2015

30 April 2015 - AK Steel reported its financial results for the first quarter of 2015 on 28 April 2015..

Stainless Tube Imports From Asia Continue Massive Surge

30 April 2015 - Imports of seamless stainless steel tube from China and Japan continue to surge into the United States market at a rapid pace, according to the Stainless Steel Tube Trade Advancement Committee (SSTTAC).

Usiminas Releases 1Q15 Results

29 April 2015 - The main operational and financial indicators were: • Steel sales volume of 1.3 million tons; • Iron ore sales volume of 1.1 million tons; • Consolidated Adjusted EBITDA of R$379.5 million and Adjusted EBITDA Margin of 14%; • Working Capital on 03/31/15 of R$2.7 billion; • Investments of R$232.3 million.

Synalloy Reports 16% Adjusted EBITDA Gain for the First Quarter of 2015

29 April 2015 - Synalloy Corp., a growth-oriented company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, and specialty chemicals and the master distribution of seamless carbon pipe and tube, announced that the first quarter of 2015 produced net sales of $51,648,000, an increase of $1,852,000 or 4% when compared to net sales from continuing operations for the first quarter of 2014 of $49,796,000. For the first quarter of 2015 the Company recorded net income of $3,638,000, or $0.42 per share compared to net income from continuing operations of $2,249,000, or $0.26 per share for the same quarter in the prior year.

voestalpine Stahl GmbH to Use Robots From Primetals Technologies in Its Converter Steel Works

29 April 2015 - • Robot systems to manipulate the probes on the three converters. • Higher sublance availability and greater safety at work. • Measuring probes in exchangeable containers simplify probe handling.

Page 270 of 407

View Latest Steel News