Steel News

The Timken Co. Names New Director

27 November 2014 - The Timken Company's board of directors has elected Maria A. Crowe a director of the company for a term that expires at its May 2015 annual meeting. The election brings The Timken Company board to 11 directors.

ArcelorMittal Europe Reports €125 Million Operating Profit for Q3 2014

27 November 2014 - ArcelorMittal Europe announced its results for the third quarter of 2014.

Tata BlueScope Steel Constructs Library Building for KIIT University

27 November 2014 - Tata BlueScope Steel Limited, through its EZYBUILD® Solutions Provider, Adi Durga Steel, has bagged the project to construct a library building for KIIT University, Bhubaneswar, Odisha, India.

MISCOR Group Names New VP of Finance

27 November 2014 - MISCOR Group announced it has named Edward Zeuch as vice president of finance.

Markets on the Upswing: CRU 2014 North American Steel Conference

26 November 2014 - Each year, CRU holds its North American Steel Conference in Chicago, Ill., USA, featuring the latest updates from new and established market players, market and pricing forecasts, and the latest on the international trading front.

WorldAutoSteel Case Studies Stress Need For Lifecycle Mindset In Vehicle Emissions Regulations

26 November 2014 - WorldAutoSteel, the automotive group of the World Steel Association, recently released findings of two new case studies that examine the effect various automotive materials can have on total life cycle greenhouse gas (GHG) emissions for light-duty truck and sport utility vehicle (SUV) classes.

Abakan Secures Strategic Investment from Global Wear-Resistant Clad Plate Manufacturer

26 November 2014 - Abakan Inc. has secured a US$3 million strategic investment from the world’s largest wear-resistant clad plate manufacturer, UP Scientech Materials Corp.

Consortium Receives German Future Award for “Horizontal Strip Casting of Steel” Project

26 November 2014 - German Federal President Joachim Gauck presented the “German Future Award – Federal President’s Award for Technology and Innovation” in Berlin on 19 November 2014. The project partners are Salzgitter Flachstahl GmbH, SMS Siemag AG, and the Technical University of Clausthal.

NLMK Marks 80th Anniversary with Jubilee Pig Iron Heat at BF No. 7

26 November 2014 - Novolipetsk, NLMK Group’s main plant, celebrated the 80th anniversary of the production of its first pig iron with a formal jubilee heat ceremony held at blast furnace No. 7, one of the most modern and efficient furnaces in the world.

Shale-Inland Holdings Sells Fabrication and Distribution Services Businesses

26 November 2014 - Shale-Inland Holdings LLC announced the closing of a transaction for the sale of the majority of the assets of Main Steel & Polishing Inc., Shale-Inland Stamping & Fabricating LLC and Metals Inc. (collectively referred to as F&DS) to an affiliate of the investment firm Peak Rock Capital.

AISI: September Steel Shipments Down 1.3% From August

26 November 2014 - The American Iron and Steel Institute (AISI) reported that for the month of September 2014, U.S. steel mills shipped 8,372,929 tons, a 1.3% decrease from the 8,480,954 tons shipped in the previous month, August 2014, and a 6.3% increase from the 7,879,747 tons shipped in September 2013.

ATI Announces Order, Largest Project Participation in Company History

25 November 2014 - Allegheny Technologies Incorporated has received an additional order for its nickel-based alloy plate to be used in a large oil & gas pipeline project.

Systems Contracting Named a Top Specialty Contractor

25 November 2014 - Systems Contracting Corporation, a contractor serving the industrial, municipal and commercial construction markets, has been named one of the Top 600 Specialty Contractors nationwide in an annual ranking report released by Engineering News-Record (ENR), a leading U.S. construction/engineering industry publication.

Executive Chairman of EVRAZ North America Awarded Gary Memorial Medal

25 November 2014 - The American Iron and Steel Institute (AISI) announced that Mike Rehwinkel, executive chairman, EVRAZ North America, is the 2014 recipient of the Gary Memorial Medal—the industry’s highest honor.

American Iron and Steel Institute Elects New Board Members

25 November 2014 - The Board of Directors of the American Iron and Steel Institute (AISI) elected three new members to its Board of Directors.

Metalloinvest Commences Pilot Production of New Facility at OEMK

25 November 2014 - A new oxygen facility with a cryogenic air-separation unit (ASU #3) has entered the pilot production phase at OEMK (part of Metalloinvest).

ArcelorMittal's Quarterly Results Show Considerable Improvement in Steel Business

25 November 2014 - ArcelorMittal announced results[1] for the three and nine month periods ended 30 September 2014.

U. S. Steel Announces New Headquarters Location

24 November 2014 - United States Steel Corporation president and chief executive officer Mario Longhi joined Pittsburgh Penguins president and chief executive officer David Morehouse in announcing that the company will relocate its corporate headquarters to the former Civic Arena site in Pittsburgh's lower Hill District.

Valbruna Slater Stainless Expanding in Indiana

24 November 2014 - Valbruna Slater Stainless Inc., a stainless steel and nickel alloy manufacturer, announced plans to expand its operations in Fort Wayne, Ind., creating up to 45 new jobs by 2017.

Belaz Wins Swedish Steel Prize 2014

24 November 2014 - This year’s winner of the international Swedish Steel Prize is Belaz from Belarus. The prize was awarded for the company’s innovative and new construction for axle suspension and slewing bearings for the world’s largest dump truck. The new construction takes full advantage of the properties of high-strength steel.