Steel News

SMA Comments on Announced Nucor Acquisition of Gallatin Steel

16 September 2014 - The Steel Manufacturers Association (SMA) commented on the recent announcement that Nucor Corp. will acquire Gallatin Steel Co.

Outokumpu's Kemi Mine Celebrates 50-Year Anniversary

16 September 2014 - This September it will be exactly 50 years since Outokumpu made the decision to begin mining operations in its chrome mine in Kemi, Finland.

Michelle Galanter Applebaum Joins Northwest Pipe’s Board of Directors

16 September 2014 - Northwest Pipe Co., an industry leader of engineered welded steel pipe products, announced that Michelle Galanter Applebaum, a well-known retired equity analyst and former Salomon Brothers/Citigroup managing director, has been elected to Northwest Pipe’s board of directors.

U. S. Steel Receives Final Approval for Minntac Expansion

15 September 2014 - United States Steel Corporation announced that the U.S. Army Corps of Engineers granted the final necessary federal permits for expansion of the company's Minntac facility, located in Mountain Iron, Minn.

ArcelorMittal and Gerdau Agree to Sell Gallatin Steel Facility for US$770 Million

15 September 2014 - ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Co. to Nucor Corp. for a total cash consideration of US$770 million, subject to customary closing adjustments.

Nucor to Acquire Gallatin Steel

15 September 2014 - Nucor Corp. has entered into an agreement to purchase all the equity of Gallatin Steel Co. for a cash purchase price of approximately US$770 million.

USW Lauds Mine Expansion at Minntac Minnesota Ore Operations

15 September 2014 - The United Steelworkers (USW) welcomed the news that the Environmental Protection Agency (EPA) and the Army Corp of Engineers will approve mine expansion at U. S. Steel’s Minnesota Ore Operations, Minntac.

Outotec Selected Again to the Dow Jones Sustainability Index

15 September 2014 - Outotec has been selected for the second consecutive year to the Dow Jones Sustainability Europe Index for 2014–2015.

USW Calls DOC Decision on Dumped Rebar a Mixed Blessing

12 September 2014 - The United Steelworkers (USW) international president Leo W. Gerard released the following statement in regards to the U.S. Department of Commerce final investigation determination on dumped steel concrete reinforcing bar (rebar) from Mexico and Turkey.

EVRAZ Stratcor Names New Sales Manager for Vanadium Products Used by Steel Industry

12 September 2014 - Michael P. Shea has been named EVRAZ Statcor’s sale manager responsible for selling ferrovanadium and Nitrovan® vanadium to steel producers in North America.

ThyssenKrupp Steel Europe Wins Best Employers International Award

12 September 2014 - Aspects such as lifelong learning, health promotion and knowledge transfer are firmly entrenched in ThyssenKrupp Steel Europe’s human resources policy. For the extensive support given to employees in all phases of life, Germany’s biggest steel producer has now been honored for the first time with the “2014 AARP Best Employers International Award”, an annual award bestowed by the non-profit American Association of Retired Persons.

LanzaTech Announces Appointment of Chief Financial Officer

12 September 2014 - LanzaTech, a revolutionary carbon recycling company, announced the appointment of Gregg Clevenger as chief financial officer.

National Steel Bridge Alliance Names New Marketing Manager

12 September 2014 - The National Steel Bridge Alliance (NSBA) is proud to welcome Matt Shergalis as its new marketing manager.

SMS Siemag to Provide Eco Pickled Surface Pickling Lines

11 September 2014 - The Material Works Ltd. (TMW) and SMS Siemag have entered into an agreement whereby SMS may offer, design, build and install processing lines incorporating Eco Pickled Surface (EPS) Cells for descaling carbon and stainless coiled strip steel.

Nucor Promotes Dave Sumoski To Executive Vice President

11 September 2014 - Nucor Corporation announced that Dave Sumoski, vice president and general manager of Nucor Steel Memphis Inc., will be promoted to executive vice president of engineered bar products, which includes special bar quality (SBQ) and cold finish businesses, effective 14 September 2014.

NLMK DanSteel Supplies Plates for Experimental Program to Improve Construction of Offshore Wind Turbines

11 September 2014 - NLMK DanSteel A/S, part of NLMK Europe Plate and Denmark’s only manufacturer of steel plates, has supplied 200 metric tons of plates with special dimensions made from high-strength steel for the construction of experimental foundations for offshore wind turbines as part of The PISA Project, the European research and development program.

SteelBenchmarker: HRB Prices Recede

11 September 2014 - In its two hundred third report, the SteelBenchmarker released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 8 September 2014.

Cliffs Natural Resources Appoints John Baldwin to Board of Directors

11 September 2014 - Cliffs Natural Resources Inc. announced that it has appointed John T. Baldwin to its Board of Directors, effective immediately.

OSHA Fines Vallourec Star for 22 Serious Safety Violations

11 September 2014 - After receiving information that a worker had suffered severe injuries after being crushed between two machines, the U.S. Department of Labor's Occupational Safety and Health Administration has cited Vallourec Star for 22 serious safety violations.

U.S. Makes Final Determination in Trade Case vs. Rebar from Mexico and Turkey

11 September 2014 - On 9 September 2014, the Department of Commerce (Commerce) announced the affirmative final determination in the antidumping duty (AD) investigation of imports of rebar from Mexico, the affirmative final determination in the countervailing duty (CVD) investigation of imports of rebar from Turkey, and the negative final determination in the AD investigation of imports of rebar from Turkey.