Steel News

North American Stainless to Make US$150 Million Expansion

27 March 2015 - North American Stainless (NAS) plans to invest US$150 million to expand its manufacturing facility in Ghent, Ky.

Outokumpu CEO Comments on EU Anti-Dumping, Progress in Calvert

27 March 2015 - Outokumpu held its Annual General Meeting in Espoo, Finland, on 26 March 2015. During the meeting Outokumpu CEO Mika Seitovirta presented the financial results of the company for the year 2014, the market environment and Outokumpu’s continued measures to reach sustainable profitability and financial stability.

SMS Mevac Commissions VOD Facility at Fujian Fuxin Special Steel

27 March 2015 - After the successful start-up of the stainless steel melt shop of Fujian Fuxin Special Steel (part of Formosa Plastics Corporation) in Zhangzhou, China, by the SMS group in 2014, last month the Duplex VOD X-eed unit supplied by SMS Mevac, Germany, was put into operation. This plant represents the extension phase of the melt shop.

EXO Technologies and Columbia Machine Works Form Strategic Alliance

27 March 2015 - EXO Technologies and Columbia Machine announce the formation of a strategic alliance for sales and marketing of their complementary product lines.

Salzgitter Subsidiary Delivering Heavy Plate for Offshore Wind Jackets

27 March 2015 - Ilsenburger Grobblech GmbH (ILG), a Salzgitter AG subsidiary, has received an order from Erndtebrücker Eisenwerk GmbH & Co. KG (EEW) for around 10,000 metric tons of heavy plate for jackets for the Wikinger offshore wind project.

Newly Discovered Butterfly Named After ArcelorMittal Liberia Ecologist

27 March 2015 - A new species of African butterfly has been named after an ArcelorMittal Liberia ecologist.

Steel Executives Bring Trade and Jobs Focus to Capitol Hill

26 March 2015 - Chief executives from three of the leading steel companies in the U.S told members of the Congressional Steel Caucus on 26 March 2015 that the government needs to dramatically improve policies on trade, investment in the workforce and infrastructure to ensure competitiveness and preserve American jobs in steel and other manufacturing sectors.

CMC Says Imports, Strong Dollar, Excess Global Supply are Top Challenges

26 March 2015 - Commercial Metals Company (CMC) announced financial results for its second quarter ended 28 February 2015.

Finalists Named in 6th Annual AMM Awards for Steel Excellence

26 March 2015 - Following a highly competitive nomination process, 45 firms have been named finalists for the sixth annual AMM Awards for Steel Excellence, which honor world-class companies in, and in support of, the global steel industry.

SteelBenchmarker: HRB Prices Weaken Further

26 March 2015 - In its 216th report, the SteelBenchmarker released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 23 March 2015:

MMK Records Successful Year for Production Plants

26 March 2015 - Russia’s OJSC Magnitogorsk Iron and Steel Works (MMK) reports that a number of its production facilities and plants set local records in 2014, demonstrating their best performances in recent history.

ArcelorMittal Ostrava Develops New Type of Steel for Power Gen industry

26 March 2015 - ArcelorMittal Ostrava has developed and started producing a new type of steel with high value addition: Steel grade 16Mo3 with addition of molybdenum belongs to the family of low-alloyed steels with increased thermal resistance and resistance to high temperature corrosion and creep.

Leader Named for Worldwide Activities of Terex Material Handling

26 March 2015 - With effect from 16 March 2015, Susanna Schneeberger leads the Terex Material Handling business group.

Metinvest Launches New Steel Grade Plates Critically Important for Ukraine’s Ag-Machine Sector

26 March 2015 - Ilyich Iron & Steel Works of Mariupol is launching the production of boron-added 30MnB5 steel plates for quenching and tempering, which increases the service life of components in agricultural machinery.

U. S. Steel to Consolidate Flat-Rolled Operations

25 March 2015 - United States Steel Corporation will consolidate its North American Flat-Rolled operations and temporarily idle its Granite City Works operations in Granite City, Ill.

U. S. Steel Issues Statement Regarding OSHA Citations

25 March 2015 - United States Steel Corporation issued the following statement in response to recent Occupational Safety and Health Administration (OSHA) citations.

Steel Industry Leaders to Testify Before U.S. Congress on Unfair Imports Crisis

25 March 2015 - The United Steelworkers Union (USW) will be joining steel company CEOs, and steel industry representatives on Capitol Hill, Thursday, 26 March 2015, 8:30am–10:00pm to testify at a Congressional Steel Caucus hearing on the "State of American Steel."