Steel News

Alton Steel President: Sale 'Right Thing To Do' For Company

26 July 2013 - The potential sale of Alton Steel is good news for the steel mill and its employees, the company's president said, the Belleville News-Democrat reports.

Grupo Simec Reports Results of Operations for First Half of 2013

26 July 2013 - Grupo Simec reported 22% lower net sales and 11% lower shipments of finished steel products in the first half of 2013 compared to the year prior.

SteelBenchmarker: Most HRB Prices Move Upward

26 July 2013 - The bi-monthly SteelBenchmarker™ report shows China, U.S. and World export HRB prices moving upwards, but Western Europe HRB prices moving down slightly.

Nucor Employee Receives ASTM International Boedecker Award for Contribution to Iron and Steel Standards

25 July 2013 - Daniel Edelman, UCS development metallurgist at Nucor Corp., Crawfordsville, Ind., has received the Kenneth J. Boedecker Jr. Distinguished Service Award for his exemplary contributions to ASTM International Committee A05 on Metallic-Coated Iron and Steel Products.

Edwards Boosts Local U.S. Presence

25 July 2013 - Edwards Group Limited, a leading manufacturer of sophisticated vacuum products and abatement systems and a global provider of related value-added services, announced the addition of three new senior U.S. team members, each experts in the practical application of vacuum technology in manufacturing processes.

Timken Continues to Generate Strong Operating Margins Across All Segments

25 July 2013 - As it reported its second quarter earnings results, the Timken Company adjusted its full-year outlook to reflect a slower economic recovery now expected in the second half of 2013.

Explosion Rocks ATI Plant; No One Injured

25 July 2013 - No one was reported injured Wednesday night in an explosion at the ATI Allegheny Ludlum plant along Route 981 in Derry Township, a company spokesman said, the Pittsburgh Tribune Review reported.

Alabama State Port Authority to Expand, Build New $36 Million Steel Terminal

25 July 2013 - A new US$36 million steel terminal will be constructed on the north side of the port, officials with the Alabama State Port Authority said early Wednesday, which will expand the port’s ability to handle steel coil at the main docks complex, according to the Mobile Press-Register.

AK Steel Announces Price Increase for Carbon Steel Products

25 July 2013 - AK Steel has increased current spot market base prices for all carbon flat-rolled steel products by a minimum of US$25 per ton.

AIIS: U.S. Steel Imports Plummet 14% in June

25 July 2013 - Steel imports declined 14% in June compared to May according to preliminary government reporting analyzed by the American Institute for International Steel (AIIS).

SunCoke Energy Reports Second Quarter 2013 Results

25 July 2013 - As it reported its quarterly earnings results, SunCoke Energy, Inc. said its coal business continues to be a challenge while its domestic coke business continues to deliver solid results.

U.S. Preliminary Steel Imports Drop 14% in June

24 July 2013 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,442,000 tons of steel in June, including 1,956,000 tons of finished steel (down 14% and 9%, respectively, vs. May final data).

Allegheny Technologies Announces Second Quarter 2013 Results

24 July 2013 - As it reported its quarterly earnings results, Allegheny Technologies Inc. said weak economic growth in the U.S., negative growth in the Eurozone, and slower growth in China, India and other developing economies continued to negatively impact demand and create pricing pressure for its products from the chemical process industry, electrical energy, and construction and mining equipment markets.

Essar Steel Algoma Announces Investor Relations Appointment

24 July 2013 - Essar Steel Algoma Inc. announced the appointment of Flora Wood to lead investor relations, effective immediately. 

Ternium Reports Explosion at Its Guerrero Facility

23 July 2013 - Ternium S.A. announced that an explosion occurred on 22 July during routine maintenance work at the DRI intake of an electric arc furnace at its Guerrero facility in Monterrey, Mexico.

Rigid Lifelines Supplies Fall Protection to One World Trade Center

23 July 2013 - Rigid Lifelines®, a leading provider and manufacturer of engineered fall protection systems and accessories, has supplied fall protection to the One World Trade Center spire in New York City.

AK Steel Reports Second Quarter Results Impacted by Middletown Blast Furnace Outage

23 July 2013 - AK Steel reported a net loss of US$40.4 million for the second quarter ended 30 June 2013, compared to a net loss of US$724.2 million for the second quarter of 2012.

A. M. Castle Announces New Commercial and Operations Executives

23 July 2013 - A. M. Castle & Co., a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced the appointment of two executives who will lead the global commercial and operations functions.

PSI Metals Appoints New Consultant in Pittsburgh Office

22 July 2013 - PSI Metals, a global company providing production management systems to the metals industry, announced the appointment of a new employee at its North American headquarters in Pittsburgh.

Synalloy Reports Second Quarter Results, Provides Outlook

22 July 2013 - As it reported its second quarter earnings results, Synalloy Corp. said margins in the first half of the year were affected by foreign imports, especially reduced price pipe from from Malaysia, Vietnam and Thailand.