Steel News

Outukumpu Reports Quarterly Results in Challenging Stainless Steel Market

30 April 2013 - For the second quarter, Outokumpu expects sequentially flat or slightly lower delivery volumes, weaker product mix and increased uncertainties from the nickel price development to be partially offset by the positive effects of its Ferrochrome and Calvert ramp-ups.

ArcelorMittal Ostrava to Supply Tubes for Water Conduit Project in France

29 April 2013 - ArcelorMittal Tubular Products Ostrava in the Czech Republic has concluded an important contract worth several tens of millions crowns for supplies of water tubes with polypropylene coating for an extensive project of construction of drinking water conduit in the north of France.

Edgen Group Names Senior Vice President, Americas for Edgen Murray

29 April 2013 - Edgen Group Inc., a global distributor of specialty steel products and services for the energy and infrastructure markets, has named Dan Keaton senior vice president, Americas for its Edgen Murray brand.

Georgian American Alloys Acquires Georgian Manganese

26 April 2013 - In a cross-border merger, Miami, Fla.-based Georgian American Alloys, a manufacturer, supplier and trader of ferroalloys, announced that it has acquired 100% ownership interest in Georgia-based Georgian Manganese and Vartsikhe 2005, the country’s top producer and exporter of standard and high-grade silicomanganese.

China Gerui Advanced Materials Announces Increase in International Customers

26 April 2013 - China Gerui Advanced Materials Group says it has made steady progress in marketing internationally, with three customers placing regular commercial orders for its high-end and narrow-strip steel and three additional customers currently engaged in trials with the company's specialized products.

Ruukki to Grow Its Special Steels Business and Reorganize Its Construction Business

25 April 2013 - Rautaruukki is accelerating its change into a company specializing in steel construction and special steels and is also reorganizing its structure.

Sutor Wins Two Bids for Water Transmission Pipeline Projects

25 April 2013 - Sutor Technology Group's subsidiary Ningbo Zhehua Heavy Steel Pipe Manufacturing Co. has won two contracts to supply approximately 4,700 tonnes of spiral seam steel pipes for two water transmission pipeline projects in Fujian Province.

ArcelorMittal Hosts 7th Global Health and Safety Day

25 April 2013 - ArcelorMittal, the world's largest steel and mining company, hosted on 25 April 2013 its seventh annual Health and Safety Day at its sites globally.

Outokumpu Proceeds with Efficiency Measures Which Will Results in Job Reductions

25 April 2013 - As part of its intention to significantly reduce its operating expenses and return the company to profitability, Outokumpu has announced plans that are expected to result in job reductions.

Outotec, Severstal Join Initiative to Establish Industrial Waters Center in Russia

25 April 2013 - Outotec is collaborating with OAO Severstal, Kemira and Lahti Region Development LADEC Ltd in establishing the Industrial Waters Excellency Center (IWEC) with its main training venue at Severstal's mill in Cherepovets to address issues related to industrial water consumption in Russia.

SteelBenchmarker: Global HRB Prices Continue Downward

24 April 2013 - The bi-monthly SteelBenchmarker™ World export HRB price fell 2.2% to $573 per tonne, FOB the port of export, for the fourth consecutive time.

Konecranes Appoints Senior Vice President, Human Resources

24 April 2013 - Timo Leskinen has been appointed senior vice president, human resources of Konecranes Plc and will be responsible for all human resources (competence development and administration) and corporate responsibility (health, safety and environment) matters.

ArcelorMittal Inaugurates New Middle East Hub

24 April 2013 - An inauguration ceremony for ArcelorMittal Distribution Solutions’ Middle East headquarters in Dubai’s Jebel Ali Free Zone was held on 22 April 2013.

Sandvik High-Temperature Tube Grade Sanicro™ 25 Achieves ASME Boiler & Pressure Vessel Code Approval

24 April 2013 - Developed for advanced ultra-supercritical steam boiler applications in highly efficient next generation power plants, Sanicro™ 25 (UNS S31035) tube grade from Sandvik has now achieved ASME Boiler and Pressure Vessel Code (BPVC) approval.

Engineering Students Take on New Challenge in International Cold-Formed Steel Design Competition

24 April 2013 - The third International Student Competition on Cold-Formed Steel Design competition is open to all full-time students at either the undergraduate or graduate levels who are interested in cold-formed steel design, creative in problem solving, and eager to learn new technologies.

ThyssenKrupp Electrical Steel Plans to Sell Grain-Oriented Electrical Steel Business

23 April 2013 - ThyssenKrupp Electrical Steel announced it will integrate its non-oriented electrical steel product area into ThyssenKrupp Steel Europe effective 30 April 2013 and plans to sell off its grain-oriented electrical steel business.

ThyssenKrupp Steel Europe Awarded German Training & Development Prize 2013

23 April 2013 - ThyssenKrupp Steel Europe AG has been awarded the German Training & Development Prize 2013 for excellence and best practice in connecting talent management, knowledge management and demographic change management in an integrated people management system.