Steel News

EVRAZ North America Announces US$200 Million Investment in Regina Facility

31 March 2015 - EVRAZ North America announced today that it will make its largest single investment – approximately US$200 million – at its Regina, Sask., facility. Premier of Saskatchewan Brad Wall, Saskatchewan Minister of the Economy Bill Boyd, Regina Mayor Michael Fougere, EVRAZ and Enbridge executives, and local dignitaries participated in the announcement event.

U. S. Steel To Adjust Production At Minntac Plant

31 March 2015 - United States Steel Corporation announced today it will adjust operations and temporarily idle a portion of its Minnesota Ore Operations – Minntac plant in Mt. Iron, Minn., effective June 1.

Cliffs Natural Resources Inc. Announces Successful Completion of Refinancing Transactions

31 March 2015 - Cliffs Natural Resources Inc. announced that, on 30 March 2015, it entered into a new senior secured asset-based revolving credit facility and successfully completed its previously announced private offering of US$540 million aggregate principal amount of 8.250% Senior Secured Notes due 31 March 2020.

Primetals Technologies to Modernize Rolling Mill Drives for AMAG Rolling in Austria

31 March 2015 - Primetals Technologies has won an order from AMAG rolling GmbH, located in Ranshofen, Austria, to modernize the entire drive technology on its four-high hot rolling stand.

AIIS: U.S. Steel Imports Declined in February

31 March 2015 - U.S. steel imports dropped sharply in February 2015, with decreases from all trading partners of significant size – except Russia and China – according to analysis from the American Institute for International Steel (AIIS).

Superior Tube and Fine Tubes Appoint New Americas Sales Manager

31 March 2015 - U.S.-based Superior Tube and UK-based Fine Tubes, leaders in the manufacture of precision tubing for critical applications across a range of global markets, are pleased to announce the appointment of Erik Latranyi as sales manager – Americas.

Tosyali Toyo Orders High-Efficiency Tinning Line With Soluble Anodes From SMS Siemag

30 March 2015 - Tosyali Toyo Çelik A.Ş. (Tosyali Toyo Steel Co. Inc.), the Turkish-Japanese joint venture between Tosyali Holding and Toyo Kohan, has awarded SMS Siemag (www.sms-siemag.com) the contract for the supply of an electrolytic tinning line.

Ergonomic Crane Cabs for 24/7 Operation at Steel Facility

30 March 2015 - Fort Worth, Texas-based crane component specialist Flow in Motion LLC has supplied a second ladle crane cab to Nucor’s Hertford County facility in North Carolina, where the steel giant produces carbon steel plate.

Conductix-Wampfler’s New Spring Reel Motor Offers Three Times the Spring Life

30 March 2015 - Engineers at Conductix-Wampfler have developed a radically new spring motor concept: the Linear Spring.

Universal Stainless Finance Chief Announces Resignation

30 March 2015 - Universal Stainless & Alloy Products, Inc. announced that Michael D. Bornak, vice president of finance, chief financial officer and treasurer of Universal Stainless & Alloy Products Inc., notified the company of his intention to resign from his position.

Tenaris Mill in Italy Receives DNV GL Certification

30 March 2015 - Tenaris’s mill in Dalmine, Italy, the first seamless pipe producer to be certified by the American Bureau of Shipping, recently received certification from another of the world’s leading offshore classification societies, DNV GL.

ArcelorMittal mulls temporary idling at Lazaro Cardenas slab plant, Mexico

27 March 2015 - According to news source Kallanish, ArcelorMittal is “considering a temporary idling of certain steel production operations” in its Lazaro Cardenas slab plant in Michoacan state, Western Mexico.

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.