Steel News

Northwest Pipe Expects Low Margins as High Import Levels Impact Line Pipe Market

11 August 2014 - Northwest Pipe Company announced its financial results for the quarter ended 30 June 2014.

AK Steel Applauds Enactment of Highway and Transportation Funding Act

11 August 2014 - AK Steel is applauding the enactment of the Highway and Transportation Funding Act, legislation that is vital to maintaining and improving America's infrastructure — much of which is made with steel.

Warren Steel Holdings Restarts Operations

11 August 2014 - Warren Steel Holdings (WSH), a producer and global supplier of high-quality carbon and alloy steel continuously cast products, announced the restart of operations in Warren, Ohio.

Union Workers Locked Out of ArcelorMittal Contrecoeur Plant

08 August 2014 - The United Steelworkers (USW)/Syndicat des Métallos is condemning ArcelorMittal's lockout at its Contrecoeur-Ouest plant in Quebec, Canada, imposed Wednesday, 6 August 2014 at 10:30 p.m.

The Material Works and SES Partner to Supply EPS Systems to Steel Mills

08 August 2014 - The Material Works Ltd. (TMW) has designated SES LLC as the newest authorized supplier of environmentally friendly pickling lines incorporating patented Eco Pickled Surface (EPS) Technology.

Olympic Steel Reports Record Net Sales

08 August 2014 - Olympic Steel, Inc., a national metals service center, announced financial results for the second quarter and six months ended 30 June 2014.

Paul Wurth Introduces New Tuyere Phenomena Detection System

08 August 2014 - Within the past three years, Paul Wurth has developed new monitoring technology for the tuyeres and raceway area of blast furnaces.

Alpha Natural Resources Downsizing West Virginia Mining Operations

08 August 2014 - Eight operating affiliates of Alpha Natural Resources, Inc. have notified their employees that the coal mines and other facilities where they work are subject to being idled due to sustained weak market conditions and government regulations that have challenged the entire Central Appalachian mining industry.

AISI Releases July SIMA Imports Data, Import Market Share at 28% in July

08 August 2014 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of July total 3,781,000 net tons.

Lourenco Goncalves Appointed Chairman, President and CEO of Cliffs Natural Resources

07 August 2014 - Cliffs Natural Resources Inc. announced that the Company's Board of Directors has appointed Lourenco Goncalves to the positions of chairman, president and chief executive officer, effective immediately.

Abakan Introduces Disruptive Materials for Billion Dollar Metal Processing Equipment Market

07 August 2014 - Abakan Inc., an emerging leader in the advanced coatings and metal formulations markets, has completed initial field testing, on full-sized production equipment, of its proprietary nanocomposite liquid metal corrosion-resistant coating, PComP™ M, with a leading steel producer.

Kobe Steel and Angang Steel Establish JV to Make Automotive Cold Rolled High-Strength Steel In China

07 August 2014 - Kobe Steel, Ltd. and China’s Angang Steel Company Limited, a leading subsidiary of Anshan Iron & Steel Group Complex, established a joint venture called Kobelco Angang Auto Steel Co. Ltd. in China on 1 August 2014 to produce and sell advanced cold rolled high-strength steel sheet for automobiles.

Plibrico Names New VP of Sourcing and Product Development

07 August 2014 - Plibrico Company LLC is pleased to welcome Justin Teiken as the new vice president of sourcing and product development.

SMDI Taps GM's Dr. Hall as Head of Automotive Programs

07 August 2014 - The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), announced that Dr. Jody N. Hall, former technical integration engineer at General Motors Company Global Body Manufacturing Engineering Center in Warren, Mich., will succeed Ronald P. Krupitzer as vice president automotive market for the Institute. Krupitzer, who has held the position for 13 years, will retire at the end of the year.

Reliance Steel Completes Acquisition of Northern Illinois Steel Supply Co.

07 August 2014 - Reliance Steel & Aluminum Co. has acquired all of the capital stock of Northern Illinois Steel Supply Co. (NIS), a value-added distributor and fabricator of a variety of steel and non-ferrous metal products, primarily structural steel components and parts, located in Channahon, Ill.

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