Steel News

Outokumpu Introduces New Industrial Plan in Europe to Improve Financial Performance

01 October 2013 - Outokumpu announced plans for further structural changes in its European operations aimed at improving its financial performance and efficiency, and ultimately returning the company to profitability.

AK Steel Announces Price Increase for Carbon Steel Products

01 October 2013 - AK Steel said today that it has increased current spot market base prices for all carbon flat-rolled steel products.

U. S. Steel Introduces ACRYLUME E PLUS™ as New Member of the ACRYLUME® Family

01 October 2013 - United States Steel Corporation is pleased to announce the addition of a new high-quality, value-added product to its lineup of construction steels that supports green building design and practices, positively impacting these projects' environmental sustainability.

Cliffs Natural Resources Board Elects New Director

01 October 2013 - Cliffs Natural Resources Inc. announced that its Board of Directors has elected Stephen M. Johnson, 62, chairman, president and chief executive officer of McDermott International, Inc. to Cliffs Board.

Olympic Steel Announces Management Promotions to Support Strategic Growth

01 October 2013 - Olympic Steel, Inc., a leading national metals service center, announced several management promotions to support the company's strategic growth.

AK Steel Files Trade Cases Against Non-Oriented Electrical Steel Imports

30 September 2013 - AK Steel has filed antidumping duty petitions charging that unfairly low-priced imports of non-oriented electrical steel (NOES) from six countries are causing material injury to the company.

Severstal North America Completes Restructuring of Senior Leadership Team

30 September 2013 - Severstal North America (SNA), one of the largest steel producers in the U.S. and a subsidiary of Severstal, a global steel and mining company, announced additional changes in its senior leadership team.

U. S. Steel Names New Senior Vice President—Human Resources and Administration

30 September 2013 - United States Steel Corporation announced that Susan M. Suver has advanced to senior vice president – human resources and administration effective 1 October, and will continue to report directly to chief executive officer Mario Longhi.

Siemens Modernizing Blast Furnace at Vizag Steel in India

30 September 2013 - Siemens Metals Technologies has received an order from the state-owned Indian Rashtriya Ispat Nigam Ltd. (RINL) to thoroughly modernize blast furnace No. 2 at the Visakhapatnam Steel Plant (Vizag Steel).

AIIS: U.S. Imports Increase in August, Reflecting Improved Market Conditions

30 September 2013 - U.S. steel imports increased in August compared to July by 13.8% according to preliminary government reporting analyzed by the American Institute for International Steel (AIIS).

NLMK Group Brings in Strategic Investor for NLMK Europe

30 September 2013 - NLMK is proceeding with the restructuring of its European assets to further improve efficiency and optimize costs with an investment by SOGEPA (Société Wallonne de Gestion et de Participations S.A.), a Belgian state-owned company, in NLMK Europe.

Strategic Alliance Between ArcelorMittal and Sider Finalized for Algeria Investment

30 September 2013 - ArcelorMittal and Sider, an Algerian state-owned company, have finalized a strategic agreement including an investment plan of US$763m for a steel complex at Annaba and mines in Ouenza and Boukhadra.

Kobe Steel to Set Up Company in China to Produce Aluminum Sheet for Automobiles

30 September 2013 - Kobe Steel, Ltd. announces that it will establish a company in the Xiqing Economic-Technological Development Area in Tianjin, China, to produce aluminum sheet for automotive body panels.

President Obama Names USW's Gerard to Manufacturing Committee

30 September 2013 - President Barack Obama has announced the appointment of United Steelworkers (USW) international president Leo W. Gerard and 18 others to the Advanced Manufacturing Partnership (AMP) Steering Committee "2.0."

POSCO to Export FINEX Steelmaking Technology Overseas for First Time

27 September 2013 - POSCO has signed a memorandum of agreement (MOA) with China’s Chongqing Iron and Steel Co. to construct a FINEX integrated steel works with an annual capacity of 3 million tons.

Superior Machine to Upgrade Nucor-Yamato's EAF

27 September 2013 - Superior Machine Co. of S.C., Inc. has been awarded the contract for the design, supply and installation of the upgrade of the Nucor-Yamato No. 2 furnace to a single bucket scrap charging practice.

New CFO Appointed to Siemens Industry Sector

27 September 2013 - Miguel-Angel López, previously the chief financial officer of the Industry Automation Division, will become the new CFO of the Industry Sector, effective 1 October.

Tenaris and Usiminas Work Together on the First Brazilian Ethanol Pipeline

27 September 2013 - Tenaris will supply 145 km of 20-inch pipes, produced from steel plates provided by Usiminas, a Brazilian steel provider, for the second phase of construction of the first Brazilian ethanol pipeline.

Atkore International Inc. Divests Brazil Business

27 September 2013 - Atkore International Inc. announced that it has completed the sale of its Brazil business that manufactures non-galvanized mechanical tube, as well as slitting of structural sheets, to Panatlantica S.A.

Instron Releases Software Add-On to Limit Specimen Self-Heating Under Dynamic Loads

27 September 2013 - Instron, a leading provider of testing equipment designed to evaluate mechanical properties of materials and components, announced the release of the Specimen Self-Heating Control (SSHC) add-on to the versatile Instron® WaveMatrix™ Software package for dynamic and fatigue testing of polymers and composites.