Steel News

Tata Steel's Positive Momentum Continues Even in Seasonally Weak Period

19 February 2014 - Tata Steel Group declared its consolidated financial results for the nine months and third quarter ended 31 December 2013.

O'Neal Flat Rolled Metals Names New Leader

19 February 2014 - O’Neal Flat Rolled Metals (OFR Metals) announced that Jeff Simons will take over as the new president and CEO of the company.

OMK Joins Russian Steel in Non-Commercial Partnership

19 February 2014 - United Metallurgical Company (CJSC OMK, Moscow) has joined Russian Steel, an association of iron and steel producers, in a Non-Commercial Partnership.

EUROFER Urges EU industry Leaders to Re-Establish Favorable Business Environment

19 February 2014 - On 20–21 February 2014 the EU industry ministers will kick-off the political debate on EU industrial competitiveness in the run-up to the March 2014 European Council.

MSCI: 2014 Starts Out Even for North American Service Centers

18 February 2014 - Monthly shipments of steel and aluminum in both the United States and Canada began 2014 with small gains or losses from January 2013, the Metals Service Center Institute (MSCI) reports.

AIIS: End of 2013 'Disappointing' for U.S. Steel Exports

18 February 2014 - U.S. steel exports declined in December 2013 from November 2013 by 7.2%, and were down 10.1% compared to December 2012, according to data analyzed by the American Institute for International Steel (AIIS).

Cliffs Natural Resources Reviews 2013, Offers Outlook for 2014

18 February 2014 - In 2014, Cliffs expects accelerating economic growth in the United States to support domestic steel production and thus demand for steelmaking raw materials.

Nucor Announces Addition to Board of Directors

18 February 2014 - Nucor Corporation announced that Gregory J. Hayes has been elected to the board of directors effective immediately.

Metinvest Reduces Expenses Using High-Strength Plates

18 February 2014 - Metinvest completed testing of high-strength and wearproof plates for lining the body of BelAZ dump trucks at Central GOK.

Fives Stein Awarded Key Contract from Jindal Steel

17 February 2014 - Fives Stein, a designer and supplier of thermal solutions for steel and glass applications, was awarded a major contract to supply Jindal Steel and Power Limited (JSPL) with a new walking beam furnace for its Raigarh works in India.

NLMK Obtains International Certificates for High-Strength Slabs

17 February 2014 - NLMK Group has successfully passed certification audits confirming that its production of special-size slabs from high-strength and corrosion-resistant steel grades is compliant with the requirements set forth by certifying agencies Det Norske Veritas (Norway), Lloyd’s Register (Great Britain), and the Russian Maritime Register of Shipping (Russia).

Steel Institute Elects New Board Member

17 February 2014 - The Board of Directors of the American Iron and Steel Institute (AISI) has elected Gary Halverson, president and CEO of Cliffs Natural Resources Inc., as the newest member of its 23-person Board.

Herr-Voss Stamco Provides 3-Roll Flattener to FerrouSouth

17 February 2014 - Herr-Voss Stamco recently engineered, manufactured, and integrated a new 3-roll flattener into FerrouSouth’s existing Herr-Voss Stamco cut-to-length line in Iuka, Miss.

BlueScope Acquires New Zealand Downstream Long Products Business

17 February 2014 - BlueScope Steel has agreed to acquire the downstream long-products rolling and marketing operations of Fletcher Building’s Pacific Steel Group (PSG), based in Auckland, New Zealand.

Timken Names New CFO

17 February 2014 - The Timken Company board of directors announced the appointment of Philip D. Fracassa as chief financial officer of the company.

RH Plant from SMS Mevac in Operation at Tubos Reunidos

17 February 2014 - Spain’s Tubos Reunidos S.L.U. has successfully brought into operation a new RH plant (Ruhrstahl Heraeus process) supplied by SMS Mevac.

Cliffs Natural Resources Issues Open Letter to Shareholders

17 February 2014 - Cliffs Natural Resources Inc. issued the following open letter to all shareholders.

Essar Steel Algoma's Quarterly Shipments Affected by Severe Winter Weather

14 February 2014 - Essar Steel Algoma said severe winter weather has affected its shipments, but the company is encouraged by improving macroeconomic indicators for 2014.

Cliffs Natural Resources Announces New President and CEO

14 February 2014 - Cliffs Natural Resources Inc.’s Board of Directors has appointed Gary B. Halverson, 55, formerly president and chief operating officer, to president and chief executive officer, effective immediately. He also serves as a director on Cliffs' Board.

Can-Eng Furnaces to Supply Wide Plate Q&T Line to SAIL

14 February 2014 - Can-Eng Furnaces International Limited has been contracted to supply a wide plate quench and temper line for the Steel Authority of India Limited (SAIL).