Steel News

AMERICAN Steel Pipe Announces US$55 Million Expansion

31 October 2013 - AMERICAN Steel Pipe, a division of AMERICAN Cast Iron Pipe Company, headquartered in Birmingham, Ala., has announced it will expand its steel pipe operations, adding a processing facility to its North Mill.

U. S. Steel Appoints New Vice President and Chief Information Officer

31 October 2013 - United States Steel Corporation chief executive officer Mario Longhi today announced the appointment of Charles G. Balawajder to the position of vice president and chief information officer effective 1 November 2013.

U.S. Court Finds Severstal North America Has Right to Produce Aluminized Boron Steels

31 October 2013 - Severstal North America announced that the U.S. District Court in Delaware found in summary judgment that ArcelorMittal’s reissue patent for aluminum coated steel sheet for hot stamping not infringed by Severstal Dearborn, LLC and the other defendants.

Outokumpu Introduces New High-Chromium Ferritic and Austenitic Grades

31 October 2013 - Outokumpu continues to bring new innovations to market and is now expanding its product range with two new high-chromium stainless steel grades, ferritic grade EN 1.4622 and austenitic grade EN 1.4420.

GrafTech Reports Results, Announces Initiatives to Improve Efficiencies and Competitiveness

31 October 2013 - As it announced its quarterly results, GrafTech International also announced initiatives to improve operating efficiencies and global competitiveness that will position its Industrial Materials business well when global economies and steel demand recover.

Olympic Steel Reports 2013 Third-Quarter Results

31 October 2013 - Olympic Steel, Inc., a national metals service center, announced financial results for the third quarter and nine months ended 30 September 2013, noting market driven lower steel prices and shipments.

SMS Meer Hosts First International Tube and Pipe Symposium

30 October 2013 - Two hundred fifty customers from 23 countries came to the first SMS Meer Tube and Pipe Symposium in Mönchengladbach, Germany, in September.

SteelBenchmarker: HRB Prices Wallow

30 October 2013 - The bi-monthly SteelBenchmarker™ United States HRB spot price for 28 October 2013 rose 0.8% to US$729 per metric tonne for the second consecutive time.

Reuters: U. S. Steel to Partially Shut Hamilton, Ontario, Mill

30 October 2013 - United States Steel Corp said on Tuesday it will permanently shut down iron and steelmaking operations at its Hamilton, Ontario, mill at the end of this year, according to a Reuters report.

EUROFER: European Steel Market Seeing Some Tailwinds At Last

30 October 2013 - EUROFER’s Q4-2013 Economic & Steel Market Outlook provides further evidence of the economic recovery in the EU gaining traction in the months ahead.

Gerdau Midlothian Successfully Starts Up Lime/Dololime Sidewall Injection System from MORE

30 October 2013 - Gerdau Midlothian, located in Midlothian, Texas, commissioned the lime and dololime fix injection technology supplied from MORE srl (Italy) on EAF A and EAF B.

Court Rules in AK Steel's Favor in Patent Infringement Litigation with ArcelorMittal

30 October 2013 - AK Steel said that the United States District Court for the District of Delaware again confirmed that the company's ULTRALUME® advanced high-strength steel product does not infringe upon an ArcelorMittal patent.

Schnitzer Reports Fourth Quarter Fiscal 2013 Financial Results

30 October 2013 - As it reported its quarterly earnings, Schnitzer Steel said its Steel Manufacturing Business reported its best fourth quarter and full year performance since fiscal 2008.

Cliffs Natural Resources Reports Strong 2013 Third-Quarter Results on Lower Costs

30 October 2013 - Cliffs Natural Resources Inc. reported third-quarter results for the period ended 30 September 2013.

MMFX Appoints New Regional Sales Manager

29 October 2013 - MMFX Steel Corporation of America has appointed Arthur Sakaev as a new regional sales manager to support the growing demand of its reinforcing steel.

ThyssenKrupp Steel Europe Puts Blast Furnace 9 in Duisburg Back into Operation

29 October 2013 - ThyssenKrupp Steel Europe’s blast furnace 9 in Duisburg-Hamborn has been fired up again and has started a new campaign.

Carpenter Technology Reports First Quarter Results

29 October 2013 - Carpenter Technology said its team executed at a high level within the context of generally soft market conditions during the quarter ended 30 September 2013.

U. S. Steel Posts Third Quarter 2013 Net Loss of US$1.8 Billion

29 October 2013 - United States Steel Corporation reported a third quarter 2013 net loss of US$1,791 million primarily due to a US$1.8 Billion pre-tax non-cash goodwill impairment charge.

Tata Steel Europe's Long Products Business to Restructure

29 October 2013 - Tata Steel's Long Products business announced restructuring proposals to help strengthen its competitiveness.

Universal Stainless Enters Agreement with Haynes International

29 October 2013 - Universal Stainless & Alloy Products, Inc. has entered into a long-term agreement with Haynes International, Inc. whereby Universal Stainless will provide Haynes with vacuum induction melting (VIM) capacity as well as with forging services on a conversion basis.