Steel News

Carpenter Technology Announces Return of Gregory Pratt as CEO

19 November 2014 - Carpenter Technology Corporation’s Board of Directors announced that Gregory A. Pratt will return as CEO of the company, effective immediately.

Platts China Steel Sentiment Index Falls to Record Low

19 November 2014 - Chinese steel market participants expect steel demand to weaken further this year, with the outlook for new export orders dropping dramatically, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a headline reading of 25.61 out of a possible 100 points in November 2014.

Lee Steel Installs Red Bud EPS® Coil Line

19 November 2014 - Lee Steel Corp. of Novi, Mich., recently installed a Red Bud Industries’ EPS (Eco Pickled Surface) coil line. The new line is capable of removing scale from HRS material up to .375” at 72” wide and coil weights up to 70,000 lbs.

USW Members Ratify New Labor Agreement at AK Steel Tubemaking Unit

19 November 2014 - The members of United Steelworkers of America (USW) Local 1915 have ratified a new three-year labor agreement with AK Steel’s wholly-owned subsidiary, AK Tube LLC, covering about 100 hourly production and maintenance employees at its Walbridge, Ohio, facility.

Tata Steel Upgrades Hot Strip Mill in Port Talbot

19 November 2014 - Tata Steel has completed a major upgrade of the hot strip mill at its Port Talbot steelworks in South Wales, enabling it to further improve the quality of its steel products used in a wide range of markets, including automotive, engineering, construction and domestic appliances.

Equipment at EVRAZ Claymont Steel Mill Being Liquidated

18 November 2014 - Industrial Assets Corp., nationally known experts in the liquidation auction industry, along with Hero Demolition Corp., and Maynard Industries, announced the liquidation of manufacturing assets of the former Evraz Claymont Steel mill, featuring a complete 160” wide capacity steel plate mill.

U. S. Steel Names Leadership for Service Center, Industrial and Mining Solutions

18 November 2014 - United States Steel Corporation announced the executive leadership for three of the company's newly created commercial entities.

ANDRITZ Acquires Herr-Voss Stamco

18 November 2014 - International technology Group ANDRITZ has acquired Herr-Voss Stamco Inc., headquartered in Callery, Pa., USA, and is thus enlarging its service and product offerings for North American customers in the metals sector.

SMS Group to Build Big River Steel's Eco-Friendly Mill

18 November 2014 - The official ceremony marking the start of Big River Steel’s greenfield steel project on the Mississippi River in Mississippi County, Ark., U.S.A., took place on 22 September 2014.

Salzgitter’s Berg Pipe Subsidiaries Secure Two Major Pipeline Orders

18 November 2014 - The Salzgitter Group participations Berg Steel Pipe Corp. and Berg Spiral Pipe Corp., both located in the United States, have been awarded two major contracts to manufacture pipes for new natural gas infrastructure that will serve the southeastern U.S.

SteelBenchmarker: HRB Price Bifurcation Intensifies

18 November 2014 - In its 207th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 10 November 2014:

SSAB Announces 2014 Swedish Steel Prize Finalists

18 November 2014 - New, innovative solutions, high quality and increased competitiveness characterize this year’s four finalists for the Swedish Steel Prize, the winner of which will be announced at a ceremony in Stockholm, Sweden on 20 November 2014.

U. S. Steel Establishes New Management Structure

17 November 2014 - United States Steel Corporation has announced another logical next step in the company's Carnegie Way transformation journey. By 1 January 2015, the company's reporting segments — North American Flat-Rolled, Tubular and U. S. Steel Europe — will be realigned to achieve three strategic goals:

Deutsche Edelstahlwerke Orders LiquiRob Casting Platform Robot from Siemens

17 November 2014 - Deutsche Edelstahlwerke GmbH has given Siemens Metals Technologies an order to supply a LiquiRob casting platform robot for its Siegen, Germany, plant.

SMS Siemag to Supply Submerged Arc Furnace to CBMM

17 November 2014 - CBMM (Companhia Brasileira de Metalurgia e Mineração) of Brazil placed an order with SMS Siemag for the supply of a submerged arc furnace (SAF).

Lower Demand for Steel Reduces Gerdau's Performance in Q3

17 November 2014 - Gerdau closed the third quarter of 2014 with a shipment volume of 4.6 million metric tons of steel, which is 4.5% lower compared to the same period last year.

EVRAZ North America Supports Approval of the Keystone XL Pipeline

17 November 2014 - EVRAZ North America announced it fully supports approval of the Keystone XL pipeline and is pleased the U.S. House of Representatives passed legislation (by a vote of 252-161) to approve the permit application that would allow the pipeline project to move forward.

Konecranes Safety Training Addresses Revised ASME Requirements for Overhead Cranes

14 November 2014 - Overhead crane manufacturer Konecranes upholds its position as a global leader by promoting occupational health and safety excellence, both in the advanced design of its equipment and by providing the crane safety training its customers need.

ITC Rules Non-Oriented Electrical Steel from Six Countries Injures U.S. Industry

14 November 2014 - The United States International Trade Commission (USITC) determined that the U.S. industry is materially injured by reason of imports of non-oriented electrical steel (NOES) from China, Germany, Japan, Korea, Sweden, and Taiwan that the U.S. Department of Commerce has determined are sold in the United States at less than fair value and are subsidized by the governments of China and Taiwan.

Praxair Names New Vice President, General Counsel and Corporate Secretary

14 November 2014 - Praxair Inc. announced that senior vice president, general counsel & corporate secretary, Jim Breedlove, will retire on 27 February 2015, after 10 years of service with Praxair.