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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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Metinvest Employees Awarded with the State Prize of Ukraine

14 June 2013 - A state prize was awarded for a collective study of Ukrainian coal-based energy saving technologies for steelmaking operations. The authors of the study included two Metinvest employees.

Essar Steel Algoma and Cliffs Natural Resources Extend Iron Ore Purchase Agreement

13 June 2013 - Cliffs Natural Resources Inc. announced that it has entered into an agreement with Essar Steel Algoma Inc. to extend the iron ore pellet sale and purchase agreement between the two companies to 2024.

AK Steel Announces Price Increase for Carbon Steel Products

13 June 2013 - AK Steel said it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $40 per ton, effective immediately with new orders.

Mechel Reports Successful Sample Production of Rail Rolls at Chelyabinsk Rolling Mill

13 June 2013 - Mechel OAO reported that hot testing of rail rolls production at Chelyabinsk Metallurgical Plant's universal rolling mill has begun.

Nucor Provides Guidance for Second Quarter Earnings

13 June 2013 - As it announced second quarter earnings guidance, Nucor said overall operating performance in the steel mills segment is down compared to the first quarter of 2013, with weaker performance in sheet and structural steel somewhat offset by improvement in plate.

JSC Liepajas metalurg Plans to Restart Production as Dalpolimetall Shows Interest in the Company

13 June 2013 - JSC Liepājas metalurgs confirmed that it plans to restart production by mid-July and that the Dalpolimetall company has expressed interest in the Latvian company.

ArcelorMittal Introduces Door Ring Solution to European Car Manufacturers

13 June 2013 - ArcelorMittal Tailored Blanks recently welcomed four of the main European carmakers at ArcelorMittal’s Global R&D research center in Montataire, France, to discover the door ring, a very interesting solution that is already in use in the U.S.

Metinvest Opens Sales Office and Service Center in Nizhny Novgorod

13 June 2013 - Metinvest Eurasia, LLC — Metinvest Group’s retail sales network in the Russian Federation — in its effort to expand the distribution network in Volga River Basin, opened a sales office and a metal service center in Nizhny Novgorod.

SMS Siemag to Supply Cold Rolling and Strip Processing Lines for Record Strip Width to Benxi

12 June 2013 - Chinese Bengang Steel Plates Co. Ltd. (Benxi) has placed an order with SMS Siemag for the supply of a pickling line/tandem cold mill and two continuous annealing lines.

Sutor Group Partners Up to Build Anti-Corrosion Coating Line

12 June 2013 - Ningbo Zhehua Heavy Steel Pipe Manufacturing Co., a subsidiary of Sutor Technology Group, has entered into a partnership agreement with Zhejiang Longkey Anti-corrosion Co. to build an anti-corrosion coating line at Ningbo Zhehua's operating base in Ningbo, Zhejiang province.

Universal Stainless Achieves Nadcap Heat Treat Accreditation for Dunkirk Facility

12 June 2013 - Universal Stainless & Alloy Products, Inc. announced that it has achieved Nadcap heat treat accreditation at its Dunkirk Specialty Steel facility.

EVRAZ North America President and CEO Mike Rehwinkel to Retire

12 June 2013 - Mike Rehwinkel announced his retirement as president and CEO of EVRAZ North America effective 1 July 2013. Assuming the role will be Conrad Winkler, currently the company’s executive vice president – long products.

Cliffs Natural Resources Announces Board of Director Retirement

12 June 2013 - Cliffs Natural Resources Inc. announced that Francis McAllister, lead director, has elected to retire from the company's board of directors effective immediately. Mr. McAllister has served on Cliffs' board since 1996.

ArcelorMittal Welcomes European Commission's Steel Action Plan

11 June 2013 - On 11 June 2013, the European Commission published an action plan for the European steel industry, the first such initiative since the Davignon Plan in 1977.

Severstal Receives Approval from Ford Sollers to Begin Serial Deliveries of Coated Steel

11 June 2013 - ОАО Severstal has received approval from Ford Sollers Holding to start the serial deliveries of coated steel by two global specifications of Ford Motor Co.

Kobe Steel Expanding Aluminum Business

11 June 2013 - Kobe Steel, Ltd. has entered into a technical cooperation agreement with Germany’s Hydro Aluminium Rolled Products GmbH for aluminum sheet used in automotive body panels.

Metinvest-SMC Expands Steel Processing Service

11 June 2013 - Metinvest-SMC, Metinvest Group’s retail sales network in Ukraine, has installed a cutting and slitting line for processing uncoated and galvanized steel coils.

EVRAZ Appoints Vice President of Corporate Communications

11 June 2013 - EVRAZ announced the appointment of Vsevolod Sementsov as vice president of corporate communications.

Indev Wins Contract to Supply Coating Weight Gauge to ArcelorMittal Indiana Harbor

11 June 2013 - Indev Gauging Systems has won a contract to provide a coating weight gauge for ArcelorMittal’s Indiana Harbor aluminizing line.

Timken Sets Up Strategy Committee to Evaluate Separation of Steel Business

10 June 2013 - The Timken Co. announced that its Board of Directors has formed a Strategy Committee to evaluate a potential separation of the company's steel business from its other businesses and to review the company's corporate governance and capital allocation strategy.

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