Steel News

Tejas Tubular Products Leaders Honored

24 November 2014 - The Houston Hispanic Chamber of Commerce (HHCC) honored Maximo A. Tejeda, president and CEO of Tejas Tubular Products Inc. with the Male Hispanic Entrepreneur of the Year award at its annual gala on Saturday, 1 November 2014. Tejeda received this prestigious award for his outstanding contributions to the Houston business community.

OSHA Fines TimkenSteel for Serious Safety Violations

24 November 2014 - Employees at all three of TimkenSteel Corp.'s Canton plants were found by the U.S. Department of Labor's Occupational Safety and Health Administration to be exposed to amputation and fall hazards.

Cliffs Natural Resources to Pursue Exit Options for Eastern Canadian Operations

24 November 2014 - Cliffs Natural Resources Inc. is pursuing exit options for its Eastern Canadian iron ore operations which may result in the closure of the Bloom Lake mine.

Peak Rock Capital Affiliate Acquires Main Steel

24 November 2014 - An affiliate of Peak Rock Capital, an Austin, Texas-based private equity firm, has acquired the business of Main Steel Polishing Co. Inc. from Shale-Inland.

worldsteel: Global Steel Production Flat in October

21 November 2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million metric tons (million metric tons) in October 2014, the same compared to October 2013.

Saldotecnica Americas: MCE External-Mix Cutting Tips for Continuous Casters Cut Cleaner, Save Gases, Extend Duty Cycle

21 November 2014 - Operators of continuous casters who have installed MCE external-mix cutting tips from Saldotecnica Americas have seen significant quality and efficiency improvements, along with lower costs, the company reports.

U. S. Steel Names Leadership for Automotive and Consumer Commercial Entities

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

U.S. Steel Industry Applauds Wire Rod Imports Decision

21 November 2014 - The American Iron and Steel Institute (AISI) applauded a recent decision by the Department of Commerce (DOC) to impose duties on wire rod from China.

Ryerson's Shipments Fall in Third Quarter

21 November 2014 - Ryerson Holding Corporation, a leading distributor and processor of metals, reported results for the third quarter of 2014.

Asil Çelik Orders Turkey’s First 3-Roll RSB from FRIEDRICH KOCKS

21 November 2014 - ASIL ÇELIK, headquartered in Orhangazi county, in the Turkish province of Bursa, has decided to modernize its medium section mill with a major revamp. An order was placed with an international consortium made up of: DANIELI (Italy), FEMATEK (Turkey), and FRIEDRICH KOCKS (Germany).

Sandvik Focusing on Execution and Growth

21 November 2014 - The key focus of Sandvik’s Capital Markets Day, which was held in the U.S. on Monday, 17 November 2014, was to provide an update on the company’s strategic actions to achieve higher returns, reduced earnings volatility and greater exposure to attractive growth areas.

Bradbury Announces People on the Move

20 November 2014 - The Bradbury Co. Inc. announced several promotions.

Essar Steel Algoma Concludes US$1.4 Billion Recapitalization and Refinancing Process

20 November 2014 - Essar Steel Algoma Inc. has completed a comprehensive recapitalization and refinancing of the company.

U. S. Steel Tubular Products Honors Range Resources CEO with Chief Roughneck Award

20 November 2014 - U. S. Steel Tubular Products Inc., a subsidiary of United States Steel Corporation, announced that Jeffrey L. Ventura, president and chief executive officer of Range Resources, is the recipient of the Chief Roughneck Award for 2014.

AK Steel Wins Trade Cases on Non-Oriented Electrical Steel

20 November 2014 - AK Steel reported that the U.S. International Trade Commission (ITC) reached an affirmative (4-1) final determination that the domestic industry producing non-oriented electrical steel (NOES) is materially injured by reason of dumped and subsidized imports from six countries.

U.S. Steel Industry Disappointed in Senate Keystone Vote

20 November 2014 - The American Iron and Steel Institute (AISI) expressed disappointment that the U.S. Senate narrowly failed to advance legislation to move forward with the Keystone XL pipeline.

U.S. Steel Industry Applauds Keystone Bill Passage

20 November 2014 - On 14 November 2014, the U.S. House of Representatives passed legislation, H.R. 5682, by a vote of 252-161-1, to clear the way for construction of the Keystone XL pipeline which has been delayed for nearly five years due to bureaucratic hurdles.

SMA Responds to Senate Vote on Keystone XL Pipeline

19 November 2014 - A measure to approve construction of the Keystone XL pipeline failed passage in the United States Senate by a 59-41 vote, falling just one vote short of the supermajority necessary for passage. The Steel Manufacturers Association (SMA) commented on the development.

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.