Steel News

AISI Releases April SIMA Imports Data; Import Market Share 31 Percent in April

15 May 2015 - 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 April total 3,294,000 net tons (NT)*.

POSCO Investor Relations Meeting Announces Increase in Rate of Business Profit for the First Quarter

15 May 2015 - POSCO held an Investor Relations meeting on 21 April, where it announced that it had recorded 15.1 trillion won in sales revenue and 731 billion won in business profit on a consolidated basis for the first quarter.

March 2015 Steel Exports

14 May 2015 - In a report by the American Institute for International Steel published 7 May, steel exports inched up in March, as the North American neighbors of the United States increased their purchases of American steel and the European Union nations cut back on theirs.

AMETEK Announces Acquisition of Global Tubes

13 May 2015 - AMETEK, Inc. (NYSE:AME) today announced the acquisition of Global Tubes, a leading manufacturer of high precision, small diameter metal tubing, for approximately $200 million.

Sandvik’s Annual General Meeting 2015

13 May 2015 - Sandvik AB held its Annual General Meeting on 7 May 2015 in Sandviken, Sweden.

Ryerson Announces First Quarter 2015 Results

13 May 2015 - Ryerson generates strong cash flow in a difficult metals environment.

March 2015 Steel Imports

12 May 2015 - According to the American Institute for International Steel, steel imports fell for the second straight month in March – and the fourth of the last five months – as shipments from Russia, Brazil and Mexico fell significantly.

CSN Announces 1Q15 results

12 May 2015 - CSN – Companhia Siderurgica Nacional announced its results for the first quarter of 2015 (1Q15).

Johannes Huebner Giessen Introduces Its Incremental Encoder FG(HJ) 2

11 May 2015 - As a specialist for customized encoder solutions in heavy industry Johannes Hübner Fabrik elektrischer Maschinen GmbH now offers an incremental encoder for standard motors, auxiliary drives and secondary drives in the form of its FG(HJ) 2.

ArcelorMittal Reports Results for the First Quarter of 2015

11 May 2015 - ArcelorMittal, the world’s leading integrated steel and mining company, announced results for the three-month period ended March 31, 2015.

ArcelorMittal Europe Reports Operating Profit of €281 Million for Q1 2015

11 May 2015 - ArcelorMittal, the world’s leading integrated steel and mining company, announced results for the three-month period ended March 31, 2015.

EUROFER Calls for a Timely and Effective EU Trade Policy -- EU Imports Surge Forced Closures of Stainless Steel Drawn Wires Producers

11 May 2015 - In line with the modest European economic recovery, the stainless steel long products demand in Europe recorded a slight improvement in 2014. However, imports from third countries benefited most from the increase in apparent consumption.

Mario Longhi Named Steelmaker of the Year at AISTech 2015

08 May 2015 - Other Industry Leaders Recognized for Significant Contributions to AIST and the Global Iron and Steel Industry

AIST Announces T.C. Graham Prize Semi-Finalists

08 May 2015 - The Association for Iron & Steel Technology (AIST) selection committee has chosen 10 semi-finalists for the T.C. Graham Prize.

Co-Operation Agreement Signed Between Paul Wurth and China Steel Corp.

08 May 2015 - On 8 April 2015, Paul Wurth S.A. and the Taiwan-based steelmaker China Steel Corporation (CSC) signed a Co-operation Agreement in the field of upcoming ironmaking plant construction projects in the Southeast Asian region, including material handling, sinter plants, blast furnaces and direct reduction plants.

Launch of ‘Introduction to Steel’ Online Course on edX

07 May 2015 - The World Steel Association (worldsteel) announces the launch of the Massive Open Online Course (MOOC) ‘Introduction to Steel’. The course, developed by TenarisUniversity together with steeluniversity, aims to provide students with an understanding of the history, science, technology and uses of steel by society. The course starts on 2 June 2015 and registration is now open.

ANDRITZ GROUP: Results for the First Quarter of 2015

07 May 2015 - International technology Group ANDRITZ recorded a solid business development in the first quarter of 2015.

New Coal-Injection Plant for Salzgitter Flachstahl GmbH

07 May 2015 - Salzgitter Flachstahl GmbH (SZFG) has invested in a new major plant within the metallurgy area, namely the coal-injection system for the A and B blast furnaces. This plant has now commenced operation and is already reducing the costs for pig iron production.

ArcelorMittal Launches S390 EK, a Green, Cost-Effective Solution for Silos and Tanks

06 May 2015 - ArcelorMittal has launched its new high-strength steel grade S390 EK, an innovative, competitive and environmentally friendly solution for the manufacture of silos and tanks. Unlike any other product currently on the market, S390 EK includes two-side enamelling to avoid fish-scaling, thus eliminating the need for specific surface treatments or doped ground enamel, while demonstrating high mechanical properties after enamel firing to withstand load pressure in the silo.

ABB Reports Solid 1Q Growth in a Mixed Market

06 May 2015 - First-quarter highlights: -15% order growth1, revenues return to growth at +3% -Operational EBITA margin2 steady -Net income up 4% -Increased cash from operations -Financials impacted by currency translation due to strong appreciation of US dollar -Continued progress on Power Systems ‘step change’ program -Next Level strategy: Collaboration drives large combined power and automation orders