Steel News

NLMK Announces Passing of Deputy Chairman

10 November 2014 - It is with deep regret that the NLMK Group announced that Vladimir Skorokhodov, distinguished Russian metallurgical engineer and deputy chairman of the NLMK Board of Directors, passed away on 31 October 2014 at the age of 63.

Coke Battery No. 6 Launches Production at Ural Steel

10 November 2014 - The launch of the No. 6 coke oven battery (CB-6) has taken place at Ural Steel (part of Metalloinvest). The installation of CB-6 is part of Metalloinvest’s investment program to modernize production at Ural Steel.

Benteler Steel/Tube Marks Opening of World-Class Center for Advanced Manufacturing and Engineering Technology

07 November 2014 - Louisiana Governor Bobby Jindal, Benteler Steel/Tube and Bossier Parish Community College (BPCC) marked the opening of BPCC’s Center for Advanced Manufacturing and Engineering Technology on 6 November 2014.

Steel Industry Group Provides Comments on Foreign Trade Barriers

07 November 2014 - The American Iron and Steel Institute (AISI) told the trade arm of the federal government that existing “foreign trade barriers distort international trade and are extremely harmful to U.S. companies,” especially those in the steel industry.

EVRAZ Announces Organizational Changes

07 November 2014 - EVRAZ plc announced organizational and management changes effective 1 November 2014.

Adriaan Basson Joins SANGRAF International in South Africa

07 November 2014 - SANGRAF International announced the addition of a graphite industry veteran, Adriaan Basson, to its sales and technical support team.

Sutor Subsidiary Honored as Environmental Protection Model Enterprise

07 November 2014 - Changshu Huaye Steel Strip Co. Ltd, a subsidiary of Sutor Technology Group, was recently honored as a model enterprise for sustainable development and energy conservation by the government of Changshu City, China.

Outotec Initiates Further Measures Targeting €45 Million Cost Structure Improvement

07 November 2014 - To be prepared for possibly continuing market slowness and uncertainty, Outotec is proceeding with measures to enhance profitability and launches a new program targeting approximately €45 million savings in operating costs during 2015, compared to 2014 full year cost level.

Tata Steel's Breakthrough XPF Range Opens Up New Potential for Lighter Vehicles

06 November 2014 - Tata Steel has unveiled a new range of breakthrough steels1 aimed at helping car makers reduce the weight of undercarriages and increase fuel efficiency.

Severstal Plans to Build New Coating Shop in Cherepovets

06 November 2014 - OAO Severstal has launched a project to build a new coating shop at its Cherepovets site in Russia. The total investments in the project will exceed 6 billion RUB.

IMS Names General Manager of Global Sales & Projects

06 November 2014 - IMS, a manufacturer of x-ray, isotope and optical measuring systems for hot and cold mills and service centers, has appointed Jörg Busch as general manager of global sales & projects.

SMA Remarks on Midterm Election Outcomes

06 November 2014 - The Steel Manufacturers Association (SMA) provided comments on the outcome of the 2014 Midterm Elections.

NLMK Expands Production of Premium Quality Cold Rolled Steel

06 November 2014 - NLMK Group has begun hot-testing of eight new bell-type annealing furnace stands at its rolling operations at the Lipetsk site.

voestalpine’s Earnings Jump in First Half of Business Year

05 November 2014 - As it reported its earnings results, voestalpine said signs of a stabilizing or strengthening economy have faded, at least for Europe.

ArcelorMittal Earns Excellence Canada Award with Commitment to Healthy Workplace

05 November 2014 - ArcelorMittal Dofasco is the only steel company in a small group of elite, advanced manufacturing firms to meet the rigorous criteria of the Canada Awards for Excellence's Healthy Workplace, Gold Level.

Kanto Steel Confirms Savings from New EFSOP® Holistic Optimization System from Tenova Goodfellow

05 November 2014 - Kanto Steel Ltd. has signed off on performance savings for the supply and purchase of one EFSOP® Holistic Optimization System from Tenova Goodfellow that was commissioned in the spring 2014.

EUROFER Predicts Modest Strengthening Steel Demand in 2015 Despite Weakened Sentiment

05 November 2014 - Economic growth in the EU remained soft so far this year, with particularly a disappointing performance of the Euro area in the second quarter, EUROFER said in its Q3 market report. Exports were the key driver of growth rather than domestic demand.

voestalpine Expanding in China with New Plant in Special Steel Segment

05 November 2014 - voestalpine is again driving forward its activities in the promising Asian market. The Special Steel Division, the Group’s special steel sector, has signed a Letter of Intent to cooperate with Chinese foundry Kocel Machinery Co.

Outotec Begins Employee Cooperation Negotiations in Finland

05 November 2014 - As part of Outotec's global profitability improvement program targeting € 45 million savings in annual operating costs (announced on 30 October 2014), the company is analyzing the resourcing needs and restructuring opportunities in its operations in Finland.

AK Steel's Third Quarter Performance Exceeded Expectations

04 November 2014 - As it reported its third quarter results, AK Steel commented on its recent acquisition of Severstal Dearborn, as well as the expected impact of a fourth quarter blast furnace outage.