Steel News

Steel Manufacturers Association Presents Iverson-Selig Award to Nucor’s Dan DiMicco

07 October 2013 - The Steel Manufacturers Association (SMA) Board of Directors recognized Dan DiMicco, Nucor Corporation, as the recipient of the SMA Kenneth Iverson-Marvin Selig Award.

CMI Refurbishes Pickling Line of NLMK La Louvière

07 October 2013 - NLMK La Louvière of Belgium chose the CMI Group to refurbish a pickling line that was damaged by a fire. Based on its expertise, CMI has proposed an optimal refurbishment combining both repair and replacement of components.

World Steel Association Elects New Chairman

07 October 2013 - The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2013/2014:

SunCoke Energy Expects Domestic Coke Production to Exceed 1 Million Tons in Third Quarter

07 October 2013 - SunCoke Energy, Inc. reported that domestic coke production for third quarter 2013 is expected to be 1,081,000 tons, down 16,000 tons from 1,097,000 tons in third quarter 2012.

LGOK Passes Recertification of Health and Safety Management System

07 October 2013 - Lebedinsky GOK (LGOK, part of Metalloinvest) has successfully passed the recertification audit of its health and safety management system for compliance with the international standard OHSAS 18001:2007.

Severstal Columbus Achieves 25 Million Kilowatt Hours in Energy Savings

07 October 2013 - The Tennessee Valley Authority (TVA), along with Gov. Phil Bryant, on 8 October presented a check for more than US$2.5 million to Severstal North America for achieving significant energy efficiencies at its Columbus, Miss., plant through TVA’s Major Industrial Program.

Construction Underway for Evraz Stratcor's New Facilities For Processing Vanadium-Bearing Steelmaking Slag

04 October 2013 - Construction is well underway on a US$7 million expansion at EVRAZ Stratcor’s Hot Springs, Ark., operations that will allow the plant to use roasted steelmaking slag in the production of specialty vanadium alloys and chemicals.

Outokumpu VDM Orders Peeling Line for Forged Products from SMS Meer

04 October 2013 - Outokumpu VDM of Germany has placed an order with SMS Meer to supply a PMH 320 rotary peeling machine including finishing equipment for its plant in Unna.

General Steel Receives Notice Regarding NYSE Listing Criteria

04 October 2013 - General Steel Holdings, Inc., a leading non-state-owned steel producer in China, announced that on 26 September 2013, it received a notice from the New York Stock Exchange (NYSE) that the company is currently below the NYSE's continued listing standards.

Severstal North America Achieves 42% Weight Reduction in Steel Vehicle Parts

03 October 2013 - Severstal North America (SNA), one of the largest steel producers in the U.S., is helping its automotive customers achieve lighter weight, stronger vehicles using the latest Computer Aided Engineering (CAE) technologies, state-of-the-art manufacturing equipment and new grades of high-strength and high-formability steel, all while keeping costs low.

Evraz Stratcor Names New CEO

02 October 2013 - Brandon Davis has been named chief executive officer of EVRAZ Stratcor, Inc., one of the world’s leading producers of specialty vanadium alloys and chemicals used by the titanium, chemical, and steel industries.

SeAH Steel Puts Pipe Forming Press from SMS Meer Into Operation

02 October 2013 - In Pohang, South Korea, tube manufacturer SeAH Steel Corporation has taken a JCO® pipe forming press from SMS Meer into service.

Universal Stainless Achieves Nadcap and ISO 17025 Lab Testing Certifications for Dunkirk Facility

02 October 2013 - Universal Stainless & Alloy Products, Inc. has achieved both Nadcap and ISO 17025 lab testing certifications at its Dunkirk Specialty Steel facility in Dunkirk, N.Y.

SunCoke Energy Partners Completes Kanawha River Terminals Acquisition

02 October 2013 - On 1 October 2013, SunCoke Energy Partners (SXCP) completed the acquisition of 100% of the ownership interest in Kanawha River Terminals LLC (KRT) for US$86 million.

Worthington Announces Steel Processing Joint Venture in China

02 October 2013 - Worthington Industries, Inc. has reached an agreement in principle to participate in a joint venture near Shanghai, China, to produce cold rolled strip steel primarily for the automotive industry.

Tenigal Begins Automotive Sheet Operations in Mexico

01 October 2013 - On 18 September, Tenigal held an opening ceremony at the plant site near Monterrey, Mexico, welcoming the president of Mexico, and celebrating completion of construction and the start of operations at the 400,000 ton per year facility.

Carpenter Signs Multi-Level Agreement with UTC; Will Build New Facility for Superalloy Powders

01 October 2013 - Carpenter Technology Corporation has reached a multi-level agreement with United Technologies Corporation (UTC), through its Pratt & Whitney Division, which includes licensing technology associated with the production of superalloy powders and a long-term supply agreement.

Sumitomo Corp. to Acquire Edgen Group

01 October 2013 - Sumitomo Corporation (SC) and Sumitomo Corporation of America, Inc. (SCOA), collectively “Sumitomo,” and Edgen Group Inc. announced the signing of a definitive merger agreement whereby Sumitomo will acquire all outstanding shares of Edgen Group Inc. for US$12.00 per share in cash.

Outokumpu Introduces New Industrial Plan in Europe to Improve Financial Performance

01 October 2013 - Outokumpu announced plans for further structural changes in its European operations aimed at improving its financial performance and efficiency, and ultimately returning the company to profitability.

AK Steel Announces Price Increase for Carbon Steel Products

01 October 2013 - AK Steel said today that it has increased current spot market base prices for all carbon flat-rolled steel products.