Steel News

Synalloy's BRISMET Unit Adding Heavy Wall Pipe Capability

09 July 2015 - Synalloy Corporation, 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, is pleased to announce that its BRISMET unit is adding a heavy wall welded pipe production shop in Bristol, TN.

Voestalpine Invests EUR 25 Million in Linz Plant

09 July 2015 - According to a report by Oberösterreich News, Voestalpine plans to invest €25 million in a second plant for laser-welded blanks in Linz, Austria to meet greater demands in the auto industry.

Schnitzer Steel Industries Reports Third Quarter 2015 Financial Results

09 July 2015 - Schnitzer Steel Industries, Inc. reported financial results for its fiscal 2015 third quarter ended May 31, 2015.

ArcelorMittal Poland to Invest More Than €130m in Its Operations in Krakow

08 July 2015 - ArcelorMittal Poland today announced it will restart preparations for the relining of blast furnace No. 5 in Krakow, which is coming to the end of its lifecycle in mid-2016.

Mexico Renews Countervailing Duty on Cold Rolled Coil from Russia and Kazakhstan

08 July 2015 - The countervailing duty applied to Mexican imports of cold-rolled coil from Russia and Kazakhstan was extended by five years after a review, Mexico's Ministry of Economy said on 1 July.

Ovako Appoints New President of Business Area Bar Imatra

08 July 2015 - Janne Pirttijoki has been appointed President of Business Area Bar Imatra and will join Ovako's group management.

Alpha Natural Resources Announces Consolidation of Marcellus Shale Joint Venture Ownership

08 July 2015 - Alpha Natural Resources, Inc. announced that its wholly-owned subsidiary, Pennsylvania Services Corporation (PSC), has acquired the 50% interest in its natural gas exploration and production joint venture, Pennsylvania Land Resources Holding Company, LLC (PLR), owned by EDF Trading Resources, LLC (EDFTR).

Commercial Metals Company Reports Q3 Earnings

08 July 2015 - Commercial Metals Company announced financial results for its third quarter ended May 31, 2015.

POSCO to Supply Automotive Materials to Ssangyong Motor

07 July 2015 - On 23 June, POSCO signed an MOU with Ssangyong Motor, and opted to further enhance its global competitiveness by consistently evolving an amicable cooperative relationship between the two companies.

EU Supports Testing of Groundbreaking Iron Production Technology

07 July 2015 - The European Union has agreed to contribute 7.4m euros towards testing a groundbreaking new iron production process being developed at Tata Steel’s IJmuiden steelworks in the Netherlands.

Gerdau Completes Coke Oven Plant in India

07 July 2015 - As reported by the Business Standard, secondary steel maker Gerdau has inaugurated a coke oven plant built at an investment of around Rs 500 crore at Tadipatri in Andhra Pradesh.

AZZ incorporated Releases Financial Results for First Quarter

07 July 2015 - AZZ incorporated, a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services, announced financial results for the three month period ended May 31, 2015.

Precision Strip Purchases CareGo’s TELIA™ Facility Optimization and Automation System

07 July 2015 - CareGo is pleased to announce that Precision Strip has purchased CareGo’s patent pending TELIA crane automation and optimization technology for use in the toll processor’s Perrysburg, Ohio service center.

AZZ incorporated Announces Plan to Build New "Greenfield" Galvanizing Services Plant in Reno, Nevada

06 July 2015 - AZZ incorporated, a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services, announced the construction of a new hot-dip galvanizing plant near Reno, Nevada.

Primetals Technologies Wins Order for Upgrade of EVRAZ Steel Mill in Regina, Canada

06 July 2015 - Primetals Technologies was awarded the order for all three packages because of its ability to supply a connected through process to produce the required X grades.

SMS Group Receives Follow-Up Order From Outokumpu Nirosta

06 July 2015 - As part of an upgrade of its 20-roll cold rolling mill “SG 3” in Krefeld, Germany, Outokumpu Nirosta GmbH Krefeld has placed a follow-up order with SMS group covering the revamp of the existing rolling-oil treatment plant.

ArcelorMittal Launches Automotive Mobile App in Europe

06 July 2015 - ArcelorMittal has unveiled an interactive app providing mobile access to its European automotive catalogue.

ArcelorMittal Mexico to Cut 2,800 Jobs

06 July 2015 - ArcelorMittal, the world's largest producer of steel, will cut 2,800 jobs at its Mexico unit as global prices slump, it said in a joint statement with local competitors on 1 July, while accusing Russia, China and Turkey of dumping steel on markets at levels below production costs.

Dongkuk Steel Set to Shut Down No. 2 Plate Mill

03 July 2015 - As reported by SteelFirst, Dongkuk Steel will shut down one of its two plate mills to cope with an oversupplied domestic market, it announced late on Thursday June 25.

AISI: Weekly Raw Steel Production Decreases 8.3% Year on Year, Year-to-Date Production Down 7.4%

03 July 2015 - The American Iron and Steel Institute released its statistics on U.S. raw steel production for the week ending 27 June 2015.