Steel News

Association of Steel Distributors Announces New President

26 December 2013 - The Association of Steel Distributors (ASD) recently announced that Brian D. Robbins, CEO of MidWest Materials, Inc. in Perry, Ohio, has been elected as 2014 president by the association.

AK Steel Honors Women For Strength, Courage, Compassion And Leadership

26 December 2013 - In recognition of women who have overcome obstacles to make a positive difference in the lives of others, the AK Steel Foundation is underwriting the Steel Magnolia Awards — honoring four women who reside in the vicinity of AK Steel's corporate headquarters and plant operations.

Moody's: Stable European Steel Outlook Supported by Improving Fundamentals and Sentiment

26 December 2013 - Moody's outlook for the European steel industry is stable and reflects the rating agency's expectations for the fundamental business conditions in the industry over the next 12 to 18 months, saidMoody's Investors Service in a recently-published industry outlook.

Synalloy Updates Fourth Quarter Outlook

26 December 2013 - Synalloy Corporation announced that it is now projecting a loss on an adjusted net earnings basis for the fourth quarter of this year.

POSCO Introduces Supplier Quality Certification

25 December 2013 - POSCO introduced the POSCO Supplier Quality Certification, POSQC, for the first time this year, and will award quality certification certificates to material providers and external partner companies that receive excellent results.

Metinvest Tests Welding Process with a New Steel Grade

25 December 2013 - Metinvest, in partnership with ESAB, a leading Ukrainian producer of welding materials and equipment, has developed a welding process for S460M grade steel (DSTU EN 10025-4:2007) and tested the process at a recognized research institution.

Metalloinvest Receives Diploma for Achievements in Healthcare

25 December 2013 - Metalloinvest presented its program for the measurement and management of workers’ health disorders at the 12th All-Russia Occupation and Health Congress in Moscow.

Konecranes Announces Change to Head of Equipment Business

25 December 2013 - Hannu Rusanen, currently executive vice president and head of Business Area Equipment, has announced that he is leaving Konecranes to pursue other interests.

Two Major U.S. Steel Fabricators to Fabricate Steel for Tappan Zee Bridge

24 December 2013 - High Steel Structures Inc. of Lancaster, Pa., and Hirschfeld Industries, LP of San Angelo, Texas, have each been awarded a contract to fabricate structural steel for the approach spans of New York’s new Tappan Zee Bridge.

Nevs and Ruukki in Partnership on the New Saab

24 December 2013 - National Electric Vehicle Sweden AB (Nevs), which has resumed the manufacture of Saab cars in Trollhättan, Sweden, has initiated a partnership with Ruukki.

Sandvik Implements Initial Phase of Supply Chain Optimization

24 December 2013 - As communicated in September, the Sandvik Group’s supply chain is to be optimized, reducing the number of production units from the current 150 to 125 over the next three to four years.

Clean Energy Tax Credit Recipients Announcement Pleases USW

24 December 2013 - The United Steelworkers (USW) issued the following statement in response to the Department of Energy's announcement of the recipients of the remaining US$150 million in Advanced Energy Manufacturing Tax Credit (48C) funds.

ThyssenKrupp Steel Europe Completes Modernization Work in Duisburg-Bruckhausen

23 December 2013 - ThyssenKrupp Steel Europe AG has extensively modernized its hot strip mill No. 1 in Duisburg-Bruckhausen. Following more than two years of work, the upgraded plant is now back in full operation.

Severstal North America Appoints Director of Scrap and Metallics Procurement

23 December 2013 - Severstal North America has appointed Sanjeev Badola, director, scrap and metallics procurement, based in Dearborn, Mich., effective 1 January 2014.

October Steel Shipments Up 5.2% from September, Up 11.5% from Prior Year

23 December 2013 - The American Iron and Steel Institute (AISI) reported that for the month of October 2013, U.S. steel mills shipped 8,287,553 tons, a 5.2% increase from the 7,879,747 tons shipped in the previous month,

Luneta Launches Breakthrough Lubricant Inspection Pod

23 December 2013 - Luneta announced the launch of the Condition Monitoring Pod™ (CMP), a new multi-parameter inspection device modernizing and expanding daily lubricant inspections.

AK Steel Announces Stainless Steel Price Increase

23 December 2013 - AK Steel said that, in addition to the stainless steel price increase announced by the company on 22 November 2013, the company will also increase base prices for all of its remaining stainless steel products, effective with shipments on 1 January 2014.