09 October 2012 - After the rejection of the Swedish remedy by the European Commission, Outokumpu has now submitted a binding remedy commitment to ensure the approval of the Inoxum transaction.

Italy Prosecutors Order Ilva to Start Shutdown

08 October 2012 - Italian prosecutors have ordered steel maker ILVA to comply within five days with an order to begin shutting down operations because of heavy pollution at its site in the southern city of Taranto, according to documents seen by Reuters.

ArcelorMittal Invests €7.2m in a New Galvanizing Line for Florange

08 October 2012 - ArcelorMittal Florange has recently started test runs at its new galvanizing line in Sainte-Agathe, France. The line will be used to coat Usibor®, a press-hardened boron steel used in automotive applications.

Saudi Billionaire Signs US$600 Million Ethiopian Steel-Plant Deal

08 October 2012 - An Ethiopian company owned by Saudi billionaire Mohammed al-Amoudi and Italy’s Danieli & C Officine Meccaniche SpA signed a US$600 million deal to build the nation’s biggest steel plant, Project Director Shimelis Eshete said, according to a published report.

Evraz Takes Indirect Controlling Interest in Coking Coal Producer

08 October 2012 - Russia's EVRAZ plc announced that it has agreed the terms of the acquisition of an indirect controlling interest in coking coal producer OJSC Raspadskaya and its subsidiaries.

Tata Steel Europe Announces Start of Second ULCOS HIsarna Campaign

05 October 2012 - The second campaign of the HIsarna campaign began with the lighting of the pilot plant’s burners – the start of the process to heat the furnace up to the right temperature. In about two weeks’ time the test campaign to make liquid iron using the new technology will commence.

Mechel Announces New Executive Appointments

05 October 2012 - Mechel OAO, one of the leading Russian mining and metals companies, announced new executive appointments.

Jindal Steel & Power Names New Managing Director and CEO

04 October 2012 - The management of Jindal Steel and Power Ltd. announced the appointment of Mr. Ravi Uppal, as its managing director & CEO with effect from 1 October 2012.

Posco Selected as One of the Best Carbon Disclosure Companies

04 October 2012 - POSCO was selected as a leading company in carbon disclosure by the Carbon Disclosure Project, a global climate change evaluation organization.

Severstal Announces Major Investment in Environmental Projects at Cherepovets Steel Mill

03 October 2012 - OAO Severstal announced a series of environmental improvement projects at the Cherepovets Steel Mill in Russia aimed at ensuring global best practice sustainability standards are in place by 2015.

Severstal and NOVATEK Conclude Gas Supply Contracts

03 October 2012 - OAO Severstal, announced the conclusion of new mid-term natural gas supply contracts with OAO NOVATEK for several Severstal Russian Steel division enterprises.

Mechel Reports First Half 2012 Financial Results

02 October 2012 - Mechel OAO, a leading Russian mining and steel group, announced financial results for the the first half of 2012.

Tree Island Wire Completes Conversion to a Corporation Named Tree Island Steel

02 October 2012 - Tree Island Wire Income Fund announced the completion of a previously announced conversion of the Fund to a corporation, Tree Island Steel Ltd.

Taylor-Winfield Technologies Awarded Contract from Chinese Stainless Company

02 October 2012 - Taylor-Winfield Technologies, Inc. is pleased to announce the award of a contract in excess of US$7.5 million dollars for the supply of four patented TwinLap Narrow Lap Seam Welders for Shanxi Taigang Stainless Steel Company's CAL silicon line project.

WSP Holdings Announces Agreement to Sell Assets of Houston OCTG

02 October 2012 - China's WSP Holdings Limited announced it has entered into a definitive agreement with Southern Tube, an affiliate of Nippon Steel & Sumitomo Metal Corp., for the sale of certain assets of its wholly-owned U.S. subsidiary, Houston OCTG Group.

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Outokumpu Submits a Binding Remedy Commitment Related to the Inoxum Transaction