Steel News

Metalloinvest Begins Construction of World’s Largest HBI Plant

20 October 2014 - Metalloinvest has entered the active phase of construction and installation for the third hot briquetted iron plant (HBI-3 Plant) at Lebedinsky GOK in Gubkin, Belgorod region of Russia.

worldsteel Announces 9th steelChallenge Launch Date

20 October 2014 - The World Steel Association (worldsteel) announced that the steelChallenge-9 will begin with the regional championship round on 19 November 2014 and will finish with the world championship round on 11 February 2015.

Cliffs Natural Resources Appoints Susan Green to Board of Directors

20 October 2014 - Cliffs Natural Resources Inc. has appointed Susan M. Green to its Board of Directors, effective 15 October 2014.

ArcelorMittal Among Private Sector Companies in Liberia Responding to Ebola Outbreak

20 October 2014 - The second meeting of the Ebola Private Sector Mobilisation Group (EPSMG) in Liberia took place on Monday, 13 October at the Monrovia City Hall.

SSAB Introduces New AHSS Grade for the Automotive Industry

20 October 2014 - With the new Docol 1700 M, SSAB offers automakers worldwide a new high-strength structural steel for safer, lighter and more fuel-efficient cars with improved environmental performance. The new grade is appropriate for a range of applications including energy-absorbing details in bumpers.

BlueScope Restarts Sinter Plant at Port Kembla Steel Works

17 October 2014 - After a fire, BlueScope has restarted the sinter plant at its Port Kembla Steel Works after obtaining necessary approvals from the NSW EPA.

OSHA Cites Kloeckner Metals for 1 Repeat, 3 Serious Violations

17 October 2014 - An employee was severely injured when he became caught in unguarded arbor rollers at Kloeckner Metals Corp. on 22 April 2014. The U.S. Department of Labor's Occupational Safety and Health Administration has cited the Cincinnati manufacturing plant with one repeat and three serious safety violations, carrying proposed penalties of US$56,000.

SteelBenchmarker: HRB Prices Continue Downward

17 October 2014 - In its 205th report, the SteelBenchmarker released 10 steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 13 October 2014.

MSCI: North American Service Center Growth Resumes in September

17 October 2014 - Year-over-year growth in steel and aluminum service center shipments resumed in September 2014 in both the United States and Canada, according to the Metals Service Center Institute (MSCI).

PwC US Announces New Leaders in Industrial Products Practice

17 October 2014 - PwC US announced four new industry leaders in the firm’s Industrial Products practice, effective immediately.

General Steel and Tewoo Group Sign MoU to Co-Develop Bulk Commodity e-Commerce

17 October 2014 - General Steel Holdings Inc., a non-state-owned steel producer in China, has signed a memorandum of understanding (MOU) with Tewoo Group Co. Ltd., a Fortune Global 500 company, to co-develop bulk commodity e-commerce business.

Insteel Gives Quarterly Update, Provides Outlook

16 October 2014 - Insteel Industries Inc. announced financial results for its fourth quarter and fiscal year ended 27 September 2014.

Steel Institute Applauds Rebar Imports Decision

16 October 2014 - The American Iron and Steel Institute (AISI) issued the following statement on behalf of its U.S. producer members regarding the affirmative determination by the International Trade Commission (ITC) on rebar imports:

Outokumpu Recognized Again in Nordic Climate Disclosure Leadership Index

16 October 2014 - Outokumpu has been recognized as a leader for the depth and quality of its climate change data disclosed to the investors and the global marketplace by CDP.

EVRAZ Provides Q3 2014 Production Report

16 October 2014 - EVRAZ plc released its operational results for the third quarter of 2014 and its interim management statement.

Tata Steel Europe Signs MoU for Potential Sale of Long Products Business

15 October 2014 - Tata Steel announced the signing of a memorandum of understanding with Klesch Group to undertake detailed due diligence and negotiations for the potential sale of its Long Products Europe business and associated distribution activities.

Ori Martin Revamping with New Consteel Evolution® and a Tenova iRecovery System

15 October 2014 - A new Consteel® Evolution combined with a Tenova iRecovery system will guarantee Ori Martin a reduction in the consumption to the lowest level while contributing district heating to the local community.

BlueScope Provides Update on Fire at Port Kembla Steelworks

15 October 2014 - BlueScope confirmed that the fire on Monday, 13 October 2014 at the Sinter Plant at the Port Kembla Steelworks has been fully extinguished.

SMS Siemag Revamping 20-Roll Cold Mill at Outokumpu Nirosta

15 October 2014 - Outokumpu Nirosta in Krefeld, Germany, has awarded SMS Siemag an order to modernize the 20-roll cold mill “SG3” of type MB 21BB-61“.

Import Duties to be Placed on Rebar from Mexico, Turkey After U.S. Agency Vote

15 October 2014 - The United States International Trade Commission determined that a U.S. industry is materially injured by reason of imports of steel concrete reinforcing bar from Mexico that are sold in the United States at less than fair value and from Turkey that are subsidized by the government of Turkey.