Steel News

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."

New Power Plant Halves Energy Costs, CO2 Emissions at Tata Steel Plant in Germany

25 March 2015 - Tata Steel has almost halved energy costs at its steel facility in Düsseldorf after building an innovative new power plant.

Big River Steel Awarded IJGlobal’s 2014 Deal of the Year Award

25 March 2015 - Big River Steel is pleased to announce that it has received IJGlobal’s 2014 Deal of the Year Award for a North American Metals & Mining transaction.

New Fine Dust Extraction Technology from SMS Group to Be Employed by Chinese Steelmaker

25 March 2015 - Shougang Qian'An Iron and Steel Co. Ltd. has placed an order with the SMS group to retrofit its steelworks with three hydro-hybrid filter systems.

Fine Tubes and Superior Tube Expand Operations in Far East

25 March 2015 - Global manufacturers and global suppliers of precision tubes for critical applications, UK-based Fine Tubes and U.S.-based Superior Tube have signed a two-year contract with Fusoh Aviation Co. Ltd to act as their distribution partner in Japan for the aerospace and space sectors.

NLMK Kaluga Produces Millionth Metric Ton of Rolled Steel

25 March 2015 - NLMK Kaluga, a next-generation EAF mini-mill in Russia (part of NLMK Group’s Long Products Division) that manufactures long products and sections for the construction industry, has produced its millionth metric ton of rolled steel.

Two Harsco Managers Honored with the Manufacturing Institute's Women in Manufacturing's STEP Awards

24 March 2015 - Harsco Corporation announced that two of its managers are among the honorees of The Manufacturing Institute's Women in Manufacturing STEP (Science, Technology, Engineering and Production) Awards.

Tenaris to Supply 470 Kilometers of Pipe for North Argentina Pipeline

24 March 2015 - Tenaris’s mill in Brazil will supply pipes to Odebrecht, the Brazilian company responsible for the capacity expansion of the North Argentina Pipeline.

ArcelorMittal Set to Invest €88 Million in Germany This Year

24 March 2015 - For the world's largest steel producer, ArcelorMittal, its sites in Germany remain very important.

NLMK Group Increases Use of Secondary Energy Sources at Novolipetsk

24 March 2015 - NLMK Group, a Russian manufacturer of high value added steel products, has begun hot testing of a new ‘green energy’ top-pressure recovery turbine (TRT) facility at its Lipetsk production site. Another turbine is under construction in parallel, with launch scheduled for 2016.