Steel News

AHSS Featured on Car of the Year

20 November 2009 - The North American steel industry and AISI’s Steel Market Development Institute are celebrating the selection of the 2010 Ford Fusion and Fusion Hybrid as Motor Trend Car of the Year. The cars employ a number of advanced high-strength steel technologies.

AK Steel to Increase Carbon Steel Prices

20 November 2009 - AK Steel says it will increase spot market prices for its carbon steel products, effective January 1, 2010.

Severstal NA to Restart Yorkville Cold Mill

20 November 2009 - OAO Severstal announces the resumption of operations for Severstal Wheeling’s Yorkville, Ohio, cold rolling mill in response to increasing demand for cold rolled and coated products.

September Steel Shipments Rise 3.9% above August

19 November 2009 - U.S. steel mills shipped 5,793,000 net tons for the month of September 2009, a 3.9% increase from August according to the latest report from AISI.

Tube City IMS Opens Trading Office in Taiwan

19 November 2009 - Tube City IMS has opened its first representative trading office in Kaohsiung City, Taiwan.

CMC Cometals to Build Alloy Hardeners Plant near Cayce Minimill

18 November 2009 - CMC’s Cometals Division announces plans to construct a state-of-the-art alloy hardeners plant near the company’s Cayce, S.C., steel minimill.

Northwest Pipe no Longer in Compliance for NASDAQ Listing

18 November 2009 - Northwest Pipe receives notice that it is no longer in compliance with NASDAQ Listing Rule 5250(c)(1) due to the late filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009.

ThyssenKrupp Names New Chairman of Steel Americas Management Board

18 November 2009 - Hans Fischer will become Chairman of the Management Board of the Steel Americas business area effective February 1, 2010. He will assume the position originally intended for Erich Heine, who died in an air crash on June 1.

U.S. Steel, Aluminum Shipments and Inventories Rise

18 November 2009 - Shipments of steel and aluminum products from U.S. metals service centers increased in October compared to September levels, and inventories for both metals rose slightly, according to the latest Metals Activity Report from the Metals Service Center Institute.

Konecranes Closes Alabama Factory

17 November 2009 - Konecranes will close its crane production and assembly facility in Birmingham, Ala., by December 31. The factory closure affects 18 employees.

AK Steel to Increase Stainless Steel Prices

17 November 2009 - AK Steel will increase base prices by 6 to 9% for all 200-, 300- and 400-series flat rolled stainless steel products, depending on grade and product form.

AISI Salutes Soldiers in Recognition of Veterans Day

13 November 2009 - The American Iron and Steel Institute salutes U.S. veterans for their noble service in preserving America’s national security, stressing that the U.S. steel industry is proud to serve the military in their efforts to defend our nation.

Stupp Commissions Spiral Tube Welding Line from SMS Meer

13 November 2009 - Stupp Corp. recently started operation of its new spiral tube welding line supplied by PWS GmbH, a company of SMS Meer, Germany.

Essar Steel Algoma Reports Second Quarter Results

13 November 2009 - Essar Steel Algoma reports a net loss of $122.8 million on sales of $388.3 million for the quarter ended September 30, 2009.

API Steel Pipe Factory Completed in Pittsburg

13 November 2009 - Posco has completed construction of an annual 270,000-tonne scale API steel pipe factory in Pittsburg, Calif. United Spiral Pipe, established jointly with U.S. Steel and Seah Steel, will manufacture and sell API-certified steel pipes designed for energy transportation.

YTD Stainless, Specialty Imports Still Down Through July

13 November 2009 - Total stainless imports reached 206,931 tons through July 2009, a 57.1% decrease compared to YTD July 2008 according to the latest report from SSINA. Total specialty imports reached 275,032 tons through the same period, a 55.2% decrease compared to YTD July 2008.

Timken Board Elects New Director

12 November 2009 - The Timken board of directors has elected John M. Ballbach as a director of the company, for a term that expires at the company’s annual meeting in 2011.

Siemens Modernizes Automation in AHMSA Hot Rolling Mill

12 November 2009 - Altos Hornos de Mexico has awarded Siemens a contract to modernize its existing basic and process automation systems in its Monclova Hot Strip Mill. Siemens will supply and install automation technology based on the Siroll HM platform.

ArcelorMittal Indiana Harbor Granted DOE Funding

12 November 2009 - The U.S. Department of Energy is awarding ArcelorMittal Indiana Harbor funding for its No. 7 Blast Furnace Gas Flare Capture project, which includes the installation of an efficient recovery boiler that uses waste blast furnace gas to produce electricity and steam onsite.

Tata Steel, New Millennium Enter Joint Venture Agreement

11 November 2009 - Tata Steel Global Minerals Holdings enters into Joint Venture Agreement with New Millennium Capital and LabMag Limited Partnership for development of the Direct Shipment Ore Project in Canada.