Steel News

Arch Coal Reports Second Quarter 2013 Results

08 August 2013 - Despite achieving a sequential improvement in its earnings, Arch Coal, Inc. reported a net loss of US$72.2 million in the second quarter of 2013 as it faced weak coal market conditions.

U.S. Group Says Chinese Are Underselling Seamless Stainless Steel Pipe and Tube

07 August 2013 - The Stainless Steel Tube Trade Advancement Committee (SSTTAC) has completed market research of Chinese trade practices in selling seamless stainless steel pipe and tube in the U.S. market. The data confirms substantial underselling of U.S. producers by Chinese companies.

AISI: U.S. Steel Import Permits Down 6% in July

07 August 2013 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of July total 2,476,000 tons.  

New Life Cycle Assessment Study Shows Replacing Wood Utility Poles with Steel Lowers Key Environmental Impacts

07 August 2013 - A detailed life cycle assessment (LCA) study commissioned by the Steel Market Development Institute, found that when comparing overall environmental performance, galvanized steel utility poles outperform wood poles in key environmental measures.

Structural Steel Industry Celebrates 5th Annual SteelDay with Nationwide Events on 4 October

07 August 2013 - The fifth annual SteelDay will be held on 4 October 2013. Hosted by the American Institute of Steel Construction (AISC) and its partners, SteelDay is your opportunity to see first-hand how the structural steel industry contributes to building America.

John Speer Named to John Henry Moore Chair at Colorado School of Mines

06 August 2013 - The Metallurgical & Materials Engineering Department at the Colorado School of Mines (CSM) announced that Professor John Speer has been named as the John Henry Moore Distinguished Professor of Metallurgical and Materials Engineering.

Baltimore Aircoil Co. Introduces The New Series 3000 Cooling Tower

06 August 2013 - Baltimore Aircoil Co. (BAC), a global leader in evaporative heat transfer technology, is pleased to introduce a new era of energy efficient cooling towers through its new and improved Series 3000 Cooling Tower.

Study: NanoSteel's Sheet Steels Have Potential to Achieve 30% Weight Reduction in Automotive Structures

06 August 2013 - The NanoSteel® Co. announced the results of an automotive light-weighting study conducted by EDAG, Inc. demonstrating the potential for the company’s advanced high-strength steel (AHSS) to enable a 30% reduction of weight in the BIW structure of a mass market sedan.

Alpha Natural Resources Increases Met Coal Shipments in Second Quarter

06 August 2013 - Alpha Natural Resources, Inc. said it continues to proactively address changing market conditions by optimizing its mine portfolio and idling additional uneconomic metallurgical and thermal coal capacity, and it anticipates additional actions may be required between now and the end of the year.

A.M. Castle Reports Quarterly Results

06 August 2013 - As it reported its second quarter earnings results, A. M. Castle & Co. said its outlook for the second half of the year is comparable to what was seen in the first six months of the year.

Severstal North America Donates Computer Lab to Palmer Home for Children

06 August 2013 - On 6 August, Severstal North America and Palmer Home for Children, a ministry dedicated to children in  need who are growing up without the support of a natural family, held  a dedication ceremony for a new, fully-equipped, state-of-the-art computer lab. Made possible by a donation from Severstal, the lab will be used by children who are home-schooled on campus.

Republic Steel's Canton Facility Experiences Tranformer Failure

06 August 2013 - Republic Steel experienced a failure at the transformer that supplies power to the #7 furnace in its Canton, Ohio, melt shop on 2 August 2013. This failure is being investigated and will result in an outage of its #7 back-up furnace lasting between two and eight weeks.

Kenwal Adds Strip Width Measurement by ISRA VISION PARSYTEC

06 August 2013 - Kenwal is adding strip width measurement from ISRA VSION PARSYTEC to supplement its existing inspection system for the pickling line of its steel plant in Dearborn, Mich.

SANGRAF International Adds Legal Counsel to Team

05 August 2013 - SANGRAF International, a manufacturer of premium graphite electrodes to the EAF steel industry, has announced the appointment of Dan Ilkay as general counsel.

TMS International's Quarterly Results Impacted By Softness in Steel Production

05 August 2013 - TMS International Corp., the parent company of Tube City IMS Corp., a leading provider of outsourced industrial services to steel mills globally, announced results for its second quarter ended 30 June 2013.

Cliffs Natural Resources Reaches Tentative Agreement with USW at Quebec Mine

05 August 2013 - Cliffs Natural Resources Inc. announced a tentative agreement with the United Steelworkers Union for a new three-year labor contract offer that will cover approximately 300 represented workers at Cliffs' Bloom Lake mine in Fermont, Quebec.

Reuters: U.S. Steelmakers Seek Protection Against European Imports

02 August 2013 - A U.S. steel industry group has asked the government trade representative to intervene to help protect domestic producers from growing imports of steel products from Europe, according to a Reuters report.

PwC US Says Overcapacity Continues to Impact M&A Activity in Steel Sector

02 August 2013 - While merger and acquisition (M&A) activity in the global metals sector has seen continued declines in both deal value and volume during the second quarter of 2013, China and other emerging markets played a significant role in the overall deal environment, according to PwC US.

Outokumpu Wins a New Contract with Casa de Moneda de Mexico

01 August 2013 - Outokumpu has won a contract with Casa de Moneda de Mexico (The Mexican Mint) supplying coin blanks to support the Latin American marketplace.

Report: Work Continues at Severstal Columbus Following Accident

01 August 2013 - Crews will have to repair one of the lines at Severstal in Columbus after a ladel of steel spilled Tuesday night, according to a local report from WTVA.