Steel News

SteelBenchmarker: HRB Price Collapse Continues

17 March 2015 - In its 215th report, the SteelBenchmarker™ released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 9 March 2015:

Mishawaka Sheet Metal Orders Red Bud Precision Blanking Line

17 March 2015 - Mishawaka Sheet Metal Inc., located in Elkhart, Ind., has ordered a precision blanking line from Red Bud Industries which will be installed later this year.

Tyasa Issues Final Acceptance of Minimill Meltshop from Primetals Technologies

16 March 2015 - Talleres y Aceros S.A. de C.V. (Tyasa), a Mexican steel producer, issued Primetals Technologies with the final acceptance certificate for a new mini-mill meltshop late in 2014.

Northwest Pipe Says Lower Oil Prices Will Impact Q1 Results

16 March 2015 - Northwest Pipe Company announced its financial results for the quarter and year ended 31 December 2014.

SMS Siemag Upgrading 7-Stand Hot-Wide-Strip Mill at ArcelorMittal Gent

16 March 2015 - ArcelorMittal has awarded SMS Siemag the order to upgrade the 7-stand hot-wide-strip mill in Gent, Belgium.

Chinese Steel Shipments to Latin America Up 73% Y-o-Y in January

16 March 2015 - In January 2015, finished steel exports from China to Latin America continue to grow at an accelerated pace, according to Latin American steel association Alacero.

Metinvest Announces Power Supply to Avdiivka Coke Has Been Restored

13 March 2015 - Metinvest Group Avdiivka Coke's employees, assisted by DTEK's staff, reconnected the plant to high-voltage overhead lines Makiivka-Avdiivka Coke #1 and Makiivka-Avdiivka Coke #2.

Sandvik Implements Second Phase of Supply Chain Optimization Program

13 March 2015 - As initially communicated in 2013, Sandvik’s supply chain is to be optimized, reducing the number of production units from 150 to about 125 over three to four years.

Magnetation LLC Retains Financial Advisor and Legal Advisor

13 March 2015 - Magnetation LLC announced that it has retained The Blackstone Group as financial advisor and Davis Polk & Wardwell LLP as legal advisor to assist the company in evaluating alternatives to improve liquidity.

ArcelorMittal Supplying Steel Fibers for Longest Railway Tunnel in Czech Republic

13 March 2015 - The beginning of February 2015 marked the start of construction of the longest railway tunnel in the Czech Republic between Rokycany and Pilsen. The reinforcement of the walls of the Ejpovice tunnel, which will be 4,110 meters long, will use 3,800 metric tons of steel fibers made in the Polish plant ArcelorMittal Syców.

Leading Steel Executives Debate Industry's Key Issues at AISTech 2015 Town Hall Forum

12 March 2015 - A panel of the steel industry's most influential executives will take part in a moderated discussion at the AISTech Town Hall Forum on Wednesday, 6 May at 8:30 a.m. in the Grand Ballroom at the Cleveland Convention Center, Cleveland, Ohio, USA.

U. S. Steel to Adjust Production at Keetac Plant

12 March 2015 - United States Steel Corporation will temporarily idle its Minnesota Ore Operations – Keetac plant in Keewatin, Minn., effective 13 May 2015.

Woodings to Deliver Large Tuyere and Valve Order to Pittsburgh Steelmaker

12 March 2015 - A large Pittsburgh-based steel producer has selected Woodings Industrial to provide a sizable order of tuyere stocks and hot blast valves.

GM Recognizes ArcelorMittal as Supplier of the Year

12 March 2015 - ArcelorMittal proudly accepted General Motors’ Supplier of the Year award for the second consecutive year at the automaker’s 23th annual ceremony held in Detroit on Thursday, 5 March 2015.

NanoSteel Expands Material Capabilities for Additive Manufacturing

12 March 2015 - The NanoSteel® Company, a leader in nano-structured steel materials design, announced the expansion of the company’s additive manufacturing (AM) material capabilities to support metal 3D printing of complex high hardness parts and the ability to customize properties layer-by-layer through gradient material design.

JFE Steel, Marubeni-Itochu Steel, Senaat to Launch Large OD Pipe JV in UAE

12 March 2015 - JFE Steel Corporation, Marubeni-Itochu Steel Inc. (MISI), and Senaat GHC, a private joint-stock general holding company owned by the government of the Emirate of Abu Dhabi, have agreed to establish a joint-venture company in Abu Dhabi, called Al Gharbia Pipe Company, to manufacture and sell large-diameter welded steel pipes, mainly for the energy industry.

MMK’s Hot-Rolled Products Mill 2000 Sets All-Time Monthly Record

12 March 2015 - Russia’s OJSC Magnitogorsk Iron and Steel Works (MMK) produced over 526,000 metric tons of metal at its hot-rolled products Mill 2000 in January 2015 — an all-time record for monthly output since the Mill opened in 1994.

EVRAZ Begins Railroad Wheel Deliveries to Turkey

12 March 2015 - EVRAZ NTMK completed production of a batch of wheels for freight railcars under the contract with the Turkish State Railways (TCDD).

The Bradbury Group Names New Tooling Coordinator

11 March 2015 - Custom Rollforming Corp. (CRC) announced the appointment of Colton Snyder as the tooling coordinator.

OSHA Finds Serious Safety Violations at Atlas Metal & Iron

11 March 2015 - The death of a 52-year-old man, killed when a scrap metal baler started while he worked inside, could have been averted if his employer, Atlas Metal & Iron Corp., had made sure the machine was shut down properly, the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has determined.