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GLOBALCARBON STEEL PRICE INDEX
Index, 1997=100
Feb-14719180.2Jan726182.0Dec-13716179.4Nov710177.9Oct714178.9Sep703176.2Aug691173.2Jul679170.2Jun686171.9May702175.9Apr710177.9Mar720180.5Feb-13736184.5CLICK HERE TO PURCHASE GLOBAL STEEL PRICE FORECASTS
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Note:- Composite prices are a weighted average of the low transaction values for all carbon steel products in the flat & long categories, identified in three regions (EU, Asia, and North America), converted into US Dollars using currency exchange rates effective at the start of each month to provide a basis for comparisons. These rates are utilised for our forecasts. Index is based on January 1997 = 100.
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All price and market data is researched by MEPS staff and our local correspondents. The information in the tables have been calculated from respondents who we consider provide accurate intelligence on the relevant steel markets. We make our best endeavors to be assured that the information is correct and that our analysis is reliable. MEPS (INTERNATIONAL) LTD cannot be made liable for any loss resulting from the use of these prices however it may arise.
Latest NewsAIST's Steel News provides the steel community with technological and innovative news on the people, producers and suppliers in the North American and international steel communities.EVRAZ Welcomes Northern Gateway 27 Dec 2013 - Diversified steel manufacturer EVRAZ North America welcomed the 19 December 2013 ruling by the Joint Review Panel, which brings the proposed Enbridge Northern Gateway Project a significant step closer to final approval.
Cliffs Natural Resources Reaches New Labor Agreement with USW in Quebec27 Dec 2013 - Cliffs Natural Resources Inc. announced an agreement with the United Steelworkers (SW) union for a new six-year labor contract that will cover approximately 229 represented workers at Cliffs' Pointe Noire operation in Quebec.
Salzgitter AG Establishes New Group Management Board27 Dec 2013 - As part of the "Salzgitter AG 2015" reorganization project the Salzgitter Group has established a new Group organization structure that takes effect as of 1 January 2014.
Mikhailovsky GOK Confirms Compliance of Management Systems with International Standards27 Dec 2013 - Mikhailovsky GOK (part of Metalloinvest) confirmed compliance of its integrated management systems with international standards of quality, occupational health and safety, and environmental protection.
Association of Steel Distributors Announces New President26 Dec 2013 - The Association of Steel Distributors (ASD) recently announced that Brian D. Robbins, CEO of MidWest Materials, Inc. in Perry, Ohio, has been elected as 2014 president by the association.
AK Steel Honors Women For Strength, Courage, Compassion And Leadership26 Dec 2013 - In recognition of women who have overcome obstacles to make a positive difference in the lives of others, the AK Steel Foundation is underwriting the Steel Magnolia Awards — honoring four women who reside in the vicinity of AK Steel's corporate headquarters and plant operations.
Moody's: Stable European Steel Outlook Supported by Improving Fundamentals and Sentiment26 Dec 2013 - Moody's outlook for the European steel industry is stable and reflects the rating agency's expectations for the fundamental business conditions in the industry over the next 12 to 18 months, saidMoody's Investors Service in a recently-published industry outlook.
Synalloy Updates Fourth Quarter Outlook26 Dec 2013 - Synalloy Corporation announced that it is now projecting a loss on an adjusted net earnings basis for the fourth quarter of this year.
POSCO Introduces Supplier Quality Certification25 Dec 2013 - POSCO introduced the POSCO Supplier Quality Certification, POSQC, for the first time this year, and will award quality certification certificates to material providers and external partner companies that receive excellent results.
Metinvest Tests Welding Process with a New Steel Grade25 Dec 2013 - Metinvest, in partnership with ESAB, a leading Ukrainian producer of welding materials and equipment, has developed a welding process for S460M grade steel (DSTU EN 10025-4:2007) and tested the process at a recognized research institution.
Metalloinvest Receives Diploma for Achievements in Healthcare25 Dec 2013 - Metalloinvest presented its program for the measurement and management of workers’ health disorders at the 12th All-Russia Occupation and Health Congress in Moscow.
Konecranes Announces Change to Head of Equipment Business25 Dec 2013 - Hannu Rusanen, currently executive vice president and head of Business Area Equipment, has announced that he is leaving Konecranes to pursue other interests.
Two Major U.S. Steel Fabricators to Fabricate Steel for Tappan Zee Bridge24 Dec 2013 - High Steel Structures Inc. of Lancaster, Pa., and Hirschfeld Industries, LP of San Angelo, Texas, have each been awarded a contract to fabricate structural steel for the approach spans of New York’s new Tappan Zee Bridge.
Nevs and Ruukki in Partnership on the New Saab24 Dec 2013 - National Electric Vehicle Sweden AB (Nevs), which has resumed the manufacture of Saab cars in Trollhättan, Sweden, has initiated a partnership with Ruukki.
Sandvik Implements Initial Phase of Supply Chain Optimization24 Dec 2013 - As communicated in September, the Sandvik Group’s supply chain is to be optimized, reducing the number of production units from the current 150 to 125 over the next three to four years.
Clean Energy Tax Credit Recipients Announcement Pleases USW24 Dec 2013 - The United Steelworkers (USW) issued the following statement in response to the Department of Energy's announcement of the recipients of the remaining US$150 million in Advanced Energy Manufacturing Tax Credit (48C) funds.
ThyssenKrupp Steel Europe Completes Modernization Work in Duisburg-Bruckhausen23 Dec 2013 - ThyssenKrupp Steel Europe AG has extensively modernized its hot strip mill No. 1 in Duisburg-Bruckhausen. Following more than two years of work, the upgraded plant is now back in full operation.
Severstal North America Appoints Director of Scrap and Metallics Procurement23 Dec 2013 - Severstal North America has appointed Sanjeev Badola, director, scrap and metallics procurement, based in Dearborn, Mich., effective 1 January 2014.
October Steel Shipments Up 5.2% from September, Up 11.5% from Prior Year23 Dec 2013 - The American Iron and Steel Institute (AISI) reported that for the month of October 2013, U.S. steel mills shipped 8,287,553 tons, a 5.2% increase from the 7,879,747 tons shipped in the previous month,
Luneta Launches Breakthrough Lubricant Inspection Pod23 Dec 2013 - Luneta announced the launch of the Condition Monitoring Pod™ (CMP), a new multi-parameter inspection device modernizing and expanding daily lubricant inspections.
AK Steel Announces Stainless Steel Price Increase23 Dec 2013 - AK Steel said that, in addition to the stainless steel price increase announced by the company on 22 November 2013, the company will also increase base prices for all of its remaining stainless steel products, effective with shipments on 1 January 2014.
Severstal Completes Maintenance at Cherepovets Steel Mill20 Dec 2013 - The Cherepovets Steel Mill, part of the Russian Steel division of OAO Severstal, completed capital maintenance of its No. 2 converter.
Global Steel Production Up 3.6% Y-o-Y in November 201320 Dec 2013 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 127 million tonnes in November 2013, an increase of 3.6% compared to November 2012.
AK Steel Announces Executive Retirement20 Dec 2013 - AK Steel said that John F. Kaloski, executive vice president and operating officer of AK Steel, has elected to retire from the company, effective 31 January 2014.
SDI Appoints New Board Member20 Dec 2013 - Steel Dynamics, Inc. announced that Bradley S. Seaman has been appointed to its Board of Directors as an independent director, to fill a vacancy created by the untimely death on 18 October 2013 of board member James A. Trethewey.
Outokumpu Granted Relief from German Renewable Energy Charge for 201320 Dec 2013 - After a constructive dialogue and a clarification of Outokumpu’s application and appeal, Outokumpu has now received a reduction to the applicable German renewable energy charge for the year 2013.
New Millennium Iron Announces New President and CEO19 Dec 2013 - New Millennium Iron Corp. (NML) announced that Mr. Robert Patzelt, Q.C., will join NML effective 13 January 2014 as president and chief executive officer and a director of the corporation.
Abresist Kalenborn Corp. Announces Company Name Change19 Dec 2013 - Abresist Kalenborn Corp. has changed its name to Kalenborn Abresist Corp., effective 1 January 2014.
AK Steel Provides Fourth Quarter 2013 Guidance19 Dec 2013 - AK Steel provided guidance for its fourth quarter of 2013 financial results, noting that it has seen stronger demand in the fourth quarter compared to the third quarter, particularly in carbon sales to the spot market.
SSAB Adds New Manufacturing Capabilities at its Montreal Facility19 Dec 2013 - With this new equipment, SSAB now offers the most comprehensive line of wear products and solutions in the region combining wear plate, chromium carbide overlay and extensive manufacturing capabilities with exceptional application knowledge.
U.S. Agency Vote Will Result in Continuation of Duties on Hot Rolled Steel Imports19 Dec 2013 - In a sunset review, the U.S. International Trade Commission determined that revoking import duties on hot rolled steel from six countries would be likely to harm the domestic steel industry.
Patriot Coal Emerges from Bankruptcy as Well-Capitalized Private Company19 Dec 2013 - Patriot Coal Corp. announced its emergence from Chapter 11 as a reorganized company.
Siemens Makes Acquisition Enhancing Industry Software Portfolio19 Dec 2013 - Siemens has entered into an agreement to acquire TESIS PLMware, a recognized leader in the integration of product lifecycle management (PLM) software with other enterprise applications, further enhancing Siemens' industry software portfolio.
Ruukki to Invest €2.5 Million in Steel Construction Research18 Dec 2013 - Ruukki signed a framework agreement for a Steel Construction Excellence Center on 18 December 2013 in Hämeenlinna, Finland.
Kobe Steel's High Corrosion-Resistant Steel KPAC-1 Adopted for Use in Ship Construction18 Dec 2013 - Kobe Steel, Ltd. has developed a steel plate called KPAC-1 that meets the new standards of corrosion protection for tanks used in crude oil tankers.
Steel Dynamics Provides Fourth Quarter 2013 Earnings Guidance18 Dec 2013 - Steel Dynamics Inc. provided fourth quarter earnings guidance, also commenting on current and expected future market conditions.
Altra Industrial Motion Completes Acquisition of Svendborg Brakes18 Dec 2013 - Altra Industrial Motion Corp. has closed on the acquisition of Svendborg Brakes A/S and S.B. Patent Holding ApS (together “Svendborg"), a leading global manufacturer of premium quality caliper brakes.
SMS Reports Low Order Intake, Expects Significant Decrease in Profits18 Dec 2013 - As in 2012, the order intake by the SMS group will be below target for 2013. A net result well short of the previous year is anticipated.
Majestic Steel USA Acquires Flatrolled Steel, Inc. Assets18 Dec 2013 - Majestic Steel USA, a leading steel service center, has completed the acquisition of the business and assets of Flatrolled Steel, Inc.
Discovery Channel Films 'How Do They Do It?' at ArcelorMittal17 Dec 2013 - The Discovery Channel has filmed an episode of its popular “How do they do it?” series at ArcelorMittal and Volkswagen, focusing on how a car is made from start to finish — including the manufacturing process for its advanced high strength Usibor® steel, through to a finished Golf VII.
Allegheny Technologies Names CFO17 Dec 2013 - Allegheny Technologies Incorporated announced that Patrick J. DeCourcy has been named senior vice president, finance and chief financial officer. Mr. DeCourcy had been serving as interim chief financial officer since 15 July 2013.
Nucor Announces Guidance for Fourth Quarter Earnings17 Dec 2013 - Nucor Corporation announced guidance for its fourth quarter ending 31 December 2013, expecting lower results than the previous quarter and same quarter last year.
MSCI: Growth Reverses Again in November17 Dec 2013 - Decreases in steel shipments from service centers in the U.S. and for both steel and aluminum in Canada were moderate, the Metals Service Center Institute (MSCI) reported.
First Delivery of Innovative EVRAZ Rails Shipped to Russian Railways17 Dec 2013 - EVRAZ announced that it has now launched the mass production of head-hardened R65 DT-350 rails, with the first large delivery — 10,000 tons of 25-meter rails — shipped to Russian Railways.
Severstal North America Appoints Director of Government Relations17 Dec 2013 - Effective immediately, Severstal North America has named Mr. William S. Noakes, Jr., its director, government relations, based in Dearborn, Mich.
Kloeckner Metals Announces Resignation of Michael Hoffman17 Dec 2013 - Kloeckner Metals, one of the leading metal distributors in North America, announced that Mr. Michael Hoffman, vice chairman, Klockner USA Holding, Inc., will resign from his current position effective 31 December 2013.
Court Confirms Patriot Coal's Plan of Reorganization17 Dec 2013 - Patriot Coal Corporation announced that the U.S. Bankruptcy Court for the Eastern District of Missouri has confirmed the company's Plan of Reorganization.
Bloomberg: U. S. Steel Plant Explosion Near Detroit Kills Worker, Injures 216 Dec 2013 - An explosion early on the morning of 15 December 2013 at a United States Steel Corporation plant near Detroit killed one worker and injured two others, according to a Bloomberg report.
Second Continuous Slab Caster from Siemens Starts Up at JSW Steel16 Dec 2013 - In August 2013, a new continuous slab caster from Siemens Metals Technologies began operating at the Toranagallu steelworks of Indian steel producer Jindal South West Steel Ltd. (JSW Steel).
New Millennium Iron Announces New Member of Board of Directors16 Dec 2013 - New Millennium Iron Corp. (NML) announced that Mr. Partha Sengupta, vice president of raw materials, including Global Minerals, at Tata Steel Limited, has recently resigned as a director of the corporation, due to the recent changes in organizational structure of the Tata Steel Group.
Magnetek Offers cULus Certified Dynamic Braking Resistors16 Dec 2013 - Magnetek, Inc., a leading supplier of digital power and motion control systems for the material handling industry, announced the availability of a new line of cULus certified Dynamic Braking Resistors. These Dynamic Braking Resistors have been designed to meet UL508A and CSA C22.2 No. 14 safety standards.
NLMK Appoints New Vice President for Sales16 Dec 2013 - NLMK Group announced the appointment of Ilya Guschin as vice president for sales. Sergei Khorn, former acting vice president for sales, has been appointed his deputy.
MMFX Steel Introduces ChromX™ 4100 High-Strength Steel13 Dec 2013 - MMFX® Steel Corporation of America is proud to introduce its latest line of high-strength reinforcing steel featuring a 100 ksi yield strength, ChromX™ 4100 — ideal for large construction projects in need of high-yield strength at a reasonable material cost.
Integrated Mill Systems Plays Key Part in Revamp of ArcelorMittal Cleveland13 Dec 2013 - Among the leaders in the metals industry is ArcelorMittal’s Cleveland Works, recently described in the press as the “most productive steel plant on the planet,” is due in no small part to Integrated Mill Systems (IMS) which has lead the way for the past 10 years in helping make this a reality.
ThyssenKrupp Steel Europe's Spanish Employees Take Up New Jobs in Germany13 Dec 2013 - Almost 60 employees of the ThyssenKrupp Galmed plant in Spain are making a new start in Germany, having found new jobs at ThyssenKrupp Steel Europe after the Spanish plant was shut down.
Dongbei Special Steel Commissions Open-Die Forging Press from SMS Meer13 Dec 2013 - Dongbei Special Steel has successfully commissioned an 80-/100-MN open-die forging press supplied by SMS Meer at its works in Dalian, Liaoning Province, China.
Metinvest Implements the Largest Environmental Project in the History of Independent Ukraine13 Dec 2013 - The Metinvest Group signed a contract with Italy's Termokimik Corp., a leading producer of environmental equipment for industrial companies, to develop the basic engineering to upgrade the sinter plant at the Ilyich Iron & Steel Works of Mariupol (MMKI).
Report: Hrusovsky Elected as CEO of Alton Steel13 Dec 2013 - Alton Steel’s Board of Directors has elected James Hrusovsky as CEO, the company announced Tuesday, the St. Louis Business Journal reported.
SteelBenchmarker: HRB Prices Stagnate13 Dec 2013 - The bi-monthly SteelBenchmarker™ Western European HRB price for 9 December 2013 rose 1.7% to US$611 per tonne (on a Euro basis, it rose 0.2%) after falling last time.
SEASI Gives Update on ASEAN Steel Industry Situation in the First Half of 201313 Dec 2013 - Demand for steel in ASEAN countries picked up significantly — by 17% in the first half of 2013 compared with the first half of 2012, according to the South East Asia Iron & Steel Institute (SEASI).
MRC Global Makes Two International Acquisitions13 Dec 2013 - MRC Global Inc. has acquired Stream AS in Norway and Flangefitt Stainless Ltd. in the U.K.
JFE Establishes Joint Venture in Myanmar for Steel Structure Projects13 Dec 2013 - JFE Engineering Corporation of Tokyo, Japan, has established J&M Steel Solutions Company Limited, a joint venture company committed to infrastructure construction, together with Myanmar’s Ministry of Construction, and has commenced the construction of a new plant.
U.S. Steel Exports Rise in October12 Dec 2013 - Steel exports increased in October 2013 compared to September 2013 by 10.9% according to government reporting analyzed by the American Institute for International Steel (AIIS).
New Millennium Iron Announces Retirement of Director, Appointment of New Board Member12 Dec 2013 - New Millennium Iron Corp. (NML) announced that Mr. Hemant Nerurkar, formerly managing director of Tata Steel Limited, Jamshedpur, India, recently resigned as a director of the corporation.
Worthington Steel to Close Baltimore Facility12 Dec 2013 - On 10 December 2013, the Steel Processing Segment (Worthington Steel) of Worthington Industries, Inc. announced to its employees that its Baltimore steel facility will be closing by the end of its fiscal year, 31 May 2014.
ArcelorMittal Announces Changes to Organizational Structure12 Dec 2013 - ArcelorMittal announced it has reviewed its organization with the aim of simplifying it.
SDI Receives MCA Chairman's Award12 Dec 2013 - Steel Dynamics Inc. and one of its customers, Metal Sales Manufacturing Corp. of Louisville, were among the metals-related companies to receive the Metal Construction Association’s (MCA) 2013 Chairman’s Award for Overall Excellence during this year’s Metalcon International convention in Atlanta.
U. S. Steel Announces Executive Management Changes12 Dec 2013 - United States Steel Corporation announced a series of executive management changes including naming John J. Quaid, vice president - Iron Ore; Larry T. Brockway as senior vice president, chief risk officer and treasurer; Sharon K. Owen to retire from North American Flat-Rolled Operations.
Metalloinvest Announces New Appointments12 Dec 2013 - Andrey Ugarov has been appointed deputy CEO, chief operating officer, of Management Company Metalloinvest and Marina Novikova has been appointed deputy CEO, organisational development and human resources management.
Tata Steel's New Electrical Steels Improve Power Industry Efficiency11 Dec 2013 - Tata Steel subsidiary Cogent Power has unveiled a range of sophisticated new electrical steel products which reduce electricity losses by 20–30% compared with conventional grain-oriented grades.
NLMK Improves Occupational Health and Safety Across Russian Sites11 Dec 2013 - NLMK Group has launched new occupational health and safety (OHS) programs at all of its Russian sites.
ArcelorMittal and Bekaert Group Announce New Agreement in Latin America11 Dec 2013 - ArcelorMittal Long Carbon Americas will extend its partnership in Latin America with the Bekaert Group, a worldwide market and technology leader in steel wire transformation and coatings.
SMS Logistiksysteme to Supply Billet Inspection Line for Steelmaker in Vietnam11 Dec 2013 - SMS Logistiksysteme, Germany, received an order from Taiwanese Nan Ya Plastics Corp., a company of the Formosa Plastics Group, to supply a billet inspection line for the new fully integrated steelworks of Formosa Ha Tinh Steel Corporation domiciled in Vietnam.
AIIS Praises New WTO Trade Facilitation Agreement11 Dec 2013 - The American Institute for International Steel (AIIS) applauded the trade facilitation deal reached 7 December 2013 by the 159 member countries of the World Trade Organization at the WTO’s just-concluded Ninth Ministerial Conference meeting in Bali, Indonesia.
Severstal Initiates Antidumping Investigation of Ukrainian Wire Rod11 Dec 2013 - The Domestic Market Protection Department of the Eurasian Economic Commission has announced the start of an antidumping investigation after an application was filed by OAO Severstal and other Russian manufacturers.
Arch Coal's Leer Mine Reaches Major Milestone with Start-Up of Longwall11 Dec 2013 - Arch Coal, Inc. announced that Tygart Valley's Leer mine in northern West Virginia has begun operating its longwall mining system, representing a major milestone in the development of the overall mining complex.
Kvaerner Divests North American Construction Business10 Dec 2013 - Kvaerner has sold its onshore construction business in North America to Matrix Service Company for an enterprise value of US$80.3 million.
Alacero at OECD Meeting: Steel Industry Faces Most Difficult Situation Since Late 90s10 Dec 2013 - On 5–6 December 2013, Alacero — the Latin American Steel Association — participated in the 75th Steel Committee Meeting of the OECD (Organization for Economic Cooperation and Development).
EU's High Level Group Meets to Discuss the European Steel Industry10 Dec 2013 - At the EU's High Level Group on the European Steel Industry on 4 December 2013, Commission vice-president Antonio Tajani declared that there could be no Europe without a strong, competitive steel industry.
AISI Mourns Loss of Former President of the Steel Recycling Institute10 Dec 2013 - Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI), issued the following statement on the death of William M. Heenan, Jr., former president of the Steel Recycling Institute (SRI) and 2013 recipient of the Steel Market Development Institute’s (SMDI) Lifetime Achievement Award:
Danieli Corus Completes Ceramic Burner Rebuild at Tata Steel Port Talbot10 Dec 2013 - Danieli Corus recently completed an eight week project for the rebuild of the hot blast stove 13 ceramic burner at Tata Steel Port Talbot in Wales.
AIIS: U.S. Exports Decline in September10 Dec 2013 - Steel exports declined 10.9% in September compared to August, and were down 3.4% compared to September 2012, based on government reporting analyzed by the American Institute for International Steel (AIIS).
Eco Pickled Surface Technology Wins Approval from GM and Chrysler09 Dec 2013 - The Material Works, Ltd. (TMW) announced that strip steel processed by the eco pickled surface (EPS) technology has been approved as a replacement for acid pickled steel by the automotive manufacturers General Motors and Chrysler.
Naveen Jindal Speaks at Opening Ceremony of AIST's Third International Steel Academy in India09 Dec 2013 - The Association for Iron & Steel Technology (AIST) is proud to announce the third AIST International Steel Academy (ISA) is underway at Jindal Steel & Power Ltd. in Raigarh, India, 9–13 December 2013.
ArcelorMittal Ostrava Commissions Continuous Casting Facility09 Dec 2013 - ArcelorMittal Ostrava has officially commissioned its continuous casting facility, with the Czech Prime Minister Jiří Rusnok attending a formal ceremony to mark the occasion.
SMDI: When It Comes to Food Packaging Choices, Sustainability Trumps Novelty09 Dec 2013 - An independent research study conducted by MindClick Global on behalf of the Steel Market Development Institute (SMDI) found that when asked about sustainability in food packaging choices, two-thirds of consumers preferred steel cans.
Construction Starts on New Minnesota Vikings Stadium Using ArcelorMittal Steel09 Dec 2013 - ArcelorMittal Differdange, Luxembourg, will supply some 20% (3,000 tonnes) of the steel required for the construction of the new multi-purpose stadium in St. Paul, Minn., USA.
Anhui Tianda Puts Expanded PQF Plant from SMS Meer Into Service09 Dec 2013 - Anhui Tianda Oil Pipe in Anhui Province, China, has expanded and re-commissioned its existing PQF® plant supplied by SMS Meer, Germany.
KEYENCE Introduces New All-Purpose Sensor09 Dec 2013 - KEYENCE is excited to introduce the all new LR-T Series multi-purpose laser sensor.
Essar Steel Algoma Secures US$25 Million Loan Agreement09 Dec 2013 - Further to the 6 May 2013 amendment to its credit agreement, Essar Steel Algoma Inc. closed on a US$25 million secured loan with an institutional investor.
Outokumpu Completes Ramp-Down of Krefeld Melt Shop06 Dec 2013 - Outokumpu announced that the Krefeld melt shop in Germany has been ramped-down according to an earlier announced plan.
DiMicco Receives Citizen of the Carolinas Award06 Dec 2013 - The Charlotte Chamber of Commerce presented Nucor executive chairman Dan DiMicco with its prestigious Citizen of the Carolinas Award at its annual meeting on 3 December 2013.
Cliffs Announces Executive Promotion06 Dec 2013 - Cliffs Natural Resources Inc. announced that P. Kelly Tompkins, currently executive vice president, chief administrative officer and president of Cliffs China, has been appointed executive vice president, external affairs and president, global commercial.
Ruukki to Supply Metal-Coated High-Strength Steel for Thermosolar Plant in Morocco06 Dec 2013 - Ruukki has signed a contract to deliver 9,000 tonnes of metal-coated, high-strength steel to the Spanish company CIE EGAÑA.
Tenaris Purchases Remaining Interest in Brazilian Joint Venture06 Dec 2013 - Tenaris announced on 4 December 2013 an agreement to purchase, subject to regulatory approval, the remaining 50% interest in Socotherm Brasil from Socotherm Americas, a division of ShawCor.
Ural Steel Increases Sinter Production Capacity06 Dec 2013 - Ural Steel — a part of Metalloinvest — has completed an upgrade to its No. 4 sintering plant.
Tenaris Orders Seamless Tube Plant from SMS Meer for New Texas Plant05 Dec 2013 - Tenaris has awarded SMS Meer with the supply of a PQF® plant for the Bay City site in Texas, U.S.A.
ArcelorMittal USA Recognized by U.S. Energy Department, Commits to Further Cut Energy Use05 Dec 2013 - ArcelorMittal was recently recognized by the U.S. energy department for its leadership in the Better Buildings, Better Plants Program, which supports the Obama administration’s target to increase energy productivity in the U.S. by 2030.
AISI: U.S. Import Market Share at 22% in November05 Dec 2013 - Based on the U.S. 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 November total 2,541,000 tons*.
USW Issues Statement on ThyssenKrupp Steel USA Acquisition05 Dec 2013 - The United Steelworkers (USW) issued the following statement regarding the acquisition of ThyssenKrupp Steel USA by a joint venture of ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation.
Cliffs Natural Resources Reaches New Labor Agreement with USW in Quebec27 Dec 2013 - Cliffs Natural Resources Inc. announced an agreement with the United Steelworkers (SW) union for a new six-year labor contract that will cover approximately 229 represented workers at Cliffs' Pointe Noire operation in Quebec.
Salzgitter AG Establishes New Group Management Board27 Dec 2013 - As part of the "Salzgitter AG 2015" reorganization project the Salzgitter Group has established a new Group organization structure that takes effect as of 1 January 2014.
Mikhailovsky GOK Confirms Compliance of Management Systems with International Standards27 Dec 2013 - Mikhailovsky GOK (part of Metalloinvest) confirmed compliance of its integrated management systems with international standards of quality, occupational health and safety, and environmental protection.
Association of Steel Distributors Announces New President26 Dec 2013 - The Association of Steel Distributors (ASD) recently announced that Brian D. Robbins, CEO of MidWest Materials, Inc. in Perry, Ohio, has been elected as 2014 president by the association.
AK Steel Honors Women For Strength, Courage, Compassion And Leadership26 Dec 2013 - In recognition of women who have overcome obstacles to make a positive difference in the lives of others, the AK Steel Foundation is underwriting the Steel Magnolia Awards — honoring four women who reside in the vicinity of AK Steel's corporate headquarters and plant operations.
Moody's: Stable European Steel Outlook Supported by Improving Fundamentals and Sentiment26 Dec 2013 - Moody's outlook for the European steel industry is stable and reflects the rating agency's expectations for the fundamental business conditions in the industry over the next 12 to 18 months, saidMoody's Investors Service in a recently-published industry outlook.
Synalloy Updates Fourth Quarter Outlook26 Dec 2013 - Synalloy Corporation announced that it is now projecting a loss on an adjusted net earnings basis for the fourth quarter of this year.
POSCO Introduces Supplier Quality Certification25 Dec 2013 - POSCO introduced the POSCO Supplier Quality Certification, POSQC, for the first time this year, and will award quality certification certificates to material providers and external partner companies that receive excellent results.
Metinvest Tests Welding Process with a New Steel Grade25 Dec 2013 - Metinvest, in partnership with ESAB, a leading Ukrainian producer of welding materials and equipment, has developed a welding process for S460M grade steel (DSTU EN 10025-4:2007) and tested the process at a recognized research institution.
Metalloinvest Receives Diploma for Achievements in Healthcare25 Dec 2013 - Metalloinvest presented its program for the measurement and management of workers’ health disorders at the 12th All-Russia Occupation and Health Congress in Moscow.
Konecranes Announces Change to Head of Equipment Business25 Dec 2013 - Hannu Rusanen, currently executive vice president and head of Business Area Equipment, has announced that he is leaving Konecranes to pursue other interests.
Two Major U.S. Steel Fabricators to Fabricate Steel for Tappan Zee Bridge24 Dec 2013 - High Steel Structures Inc. of Lancaster, Pa., and Hirschfeld Industries, LP of San Angelo, Texas, have each been awarded a contract to fabricate structural steel for the approach spans of New York’s new Tappan Zee Bridge.
Nevs and Ruukki in Partnership on the New Saab24 Dec 2013 - National Electric Vehicle Sweden AB (Nevs), which has resumed the manufacture of Saab cars in Trollhättan, Sweden, has initiated a partnership with Ruukki.
Sandvik Implements Initial Phase of Supply Chain Optimization24 Dec 2013 - As communicated in September, the Sandvik Group’s supply chain is to be optimized, reducing the number of production units from the current 150 to 125 over the next three to four years.
Clean Energy Tax Credit Recipients Announcement Pleases USW24 Dec 2013 - The United Steelworkers (USW) issued the following statement in response to the Department of Energy's announcement of the recipients of the remaining US$150 million in Advanced Energy Manufacturing Tax Credit (48C) funds.
ThyssenKrupp Steel Europe Completes Modernization Work in Duisburg-Bruckhausen23 Dec 2013 - ThyssenKrupp Steel Europe AG has extensively modernized its hot strip mill No. 1 in Duisburg-Bruckhausen. Following more than two years of work, the upgraded plant is now back in full operation.
Severstal North America Appoints Director of Scrap and Metallics Procurement23 Dec 2013 - Severstal North America has appointed Sanjeev Badola, director, scrap and metallics procurement, based in Dearborn, Mich., effective 1 January 2014.
October Steel Shipments Up 5.2% from September, Up 11.5% from Prior Year23 Dec 2013 - The American Iron and Steel Institute (AISI) reported that for the month of October 2013, U.S. steel mills shipped 8,287,553 tons, a 5.2% increase from the 7,879,747 tons shipped in the previous month,
Luneta Launches Breakthrough Lubricant Inspection Pod23 Dec 2013 - Luneta announced the launch of the Condition Monitoring Pod™ (CMP), a new multi-parameter inspection device modernizing and expanding daily lubricant inspections.
AK Steel Announces Stainless Steel Price Increase23 Dec 2013 - AK Steel said that, in addition to the stainless steel price increase announced by the company on 22 November 2013, the company will also increase base prices for all of its remaining stainless steel products, effective with shipments on 1 January 2014.
Severstal Completes Maintenance at Cherepovets Steel Mill20 Dec 2013 - The Cherepovets Steel Mill, part of the Russian Steel division of OAO Severstal, completed capital maintenance of its No. 2 converter.
Global Steel Production Up 3.6% Y-o-Y in November 201320 Dec 2013 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 127 million tonnes in November 2013, an increase of 3.6% compared to November 2012.
AK Steel Announces Executive Retirement20 Dec 2013 - AK Steel said that John F. Kaloski, executive vice president and operating officer of AK Steel, has elected to retire from the company, effective 31 January 2014.
SDI Appoints New Board Member20 Dec 2013 - Steel Dynamics, Inc. announced that Bradley S. Seaman has been appointed to its Board of Directors as an independent director, to fill a vacancy created by the untimely death on 18 October 2013 of board member James A. Trethewey.
Outokumpu Granted Relief from German Renewable Energy Charge for 201320 Dec 2013 - After a constructive dialogue and a clarification of Outokumpu’s application and appeal, Outokumpu has now received a reduction to the applicable German renewable energy charge for the year 2013.
New Millennium Iron Announces New President and CEO19 Dec 2013 - New Millennium Iron Corp. (NML) announced that Mr. Robert Patzelt, Q.C., will join NML effective 13 January 2014 as president and chief executive officer and a director of the corporation.
Abresist Kalenborn Corp. Announces Company Name Change19 Dec 2013 - Abresist Kalenborn Corp. has changed its name to Kalenborn Abresist Corp., effective 1 January 2014.
AK Steel Provides Fourth Quarter 2013 Guidance19 Dec 2013 - AK Steel provided guidance for its fourth quarter of 2013 financial results, noting that it has seen stronger demand in the fourth quarter compared to the third quarter, particularly in carbon sales to the spot market.
SSAB Adds New Manufacturing Capabilities at its Montreal Facility19 Dec 2013 - With this new equipment, SSAB now offers the most comprehensive line of wear products and solutions in the region combining wear plate, chromium carbide overlay and extensive manufacturing capabilities with exceptional application knowledge.
U.S. Agency Vote Will Result in Continuation of Duties on Hot Rolled Steel Imports19 Dec 2013 - In a sunset review, the U.S. International Trade Commission determined that revoking import duties on hot rolled steel from six countries would be likely to harm the domestic steel industry.
Patriot Coal Emerges from Bankruptcy as Well-Capitalized Private Company19 Dec 2013 - Patriot Coal Corp. announced its emergence from Chapter 11 as a reorganized company.
Siemens Makes Acquisition Enhancing Industry Software Portfolio19 Dec 2013 - Siemens has entered into an agreement to acquire TESIS PLMware, a recognized leader in the integration of product lifecycle management (PLM) software with other enterprise applications, further enhancing Siemens' industry software portfolio.
Ruukki to Invest €2.5 Million in Steel Construction Research18 Dec 2013 - Ruukki signed a framework agreement for a Steel Construction Excellence Center on 18 December 2013 in Hämeenlinna, Finland.
Kobe Steel's High Corrosion-Resistant Steel KPAC-1 Adopted for Use in Ship Construction18 Dec 2013 - Kobe Steel, Ltd. has developed a steel plate called KPAC-1 that meets the new standards of corrosion protection for tanks used in crude oil tankers.
Steel Dynamics Provides Fourth Quarter 2013 Earnings Guidance18 Dec 2013 - Steel Dynamics Inc. provided fourth quarter earnings guidance, also commenting on current and expected future market conditions.
Altra Industrial Motion Completes Acquisition of Svendborg Brakes18 Dec 2013 - Altra Industrial Motion Corp. has closed on the acquisition of Svendborg Brakes A/S and S.B. Patent Holding ApS (together “Svendborg"), a leading global manufacturer of premium quality caliper brakes.
SMS Reports Low Order Intake, Expects Significant Decrease in Profits18 Dec 2013 - As in 2012, the order intake by the SMS group will be below target for 2013. A net result well short of the previous year is anticipated.
Majestic Steel USA Acquires Flatrolled Steel, Inc. Assets18 Dec 2013 - Majestic Steel USA, a leading steel service center, has completed the acquisition of the business and assets of Flatrolled Steel, Inc.
Discovery Channel Films 'How Do They Do It?' at ArcelorMittal17 Dec 2013 - The Discovery Channel has filmed an episode of its popular “How do they do it?” series at ArcelorMittal and Volkswagen, focusing on how a car is made from start to finish — including the manufacturing process for its advanced high strength Usibor® steel, through to a finished Golf VII.
Allegheny Technologies Names CFO17 Dec 2013 - Allegheny Technologies Incorporated announced that Patrick J. DeCourcy has been named senior vice president, finance and chief financial officer. Mr. DeCourcy had been serving as interim chief financial officer since 15 July 2013.
Nucor Announces Guidance for Fourth Quarter Earnings17 Dec 2013 - Nucor Corporation announced guidance for its fourth quarter ending 31 December 2013, expecting lower results than the previous quarter and same quarter last year.
MSCI: Growth Reverses Again in November17 Dec 2013 - Decreases in steel shipments from service centers in the U.S. and for both steel and aluminum in Canada were moderate, the Metals Service Center Institute (MSCI) reported.
First Delivery of Innovative EVRAZ Rails Shipped to Russian Railways17 Dec 2013 - EVRAZ announced that it has now launched the mass production of head-hardened R65 DT-350 rails, with the first large delivery — 10,000 tons of 25-meter rails — shipped to Russian Railways.
Severstal North America Appoints Director of Government Relations17 Dec 2013 - Effective immediately, Severstal North America has named Mr. William S. Noakes, Jr., its director, government relations, based in Dearborn, Mich.
Kloeckner Metals Announces Resignation of Michael Hoffman17 Dec 2013 - Kloeckner Metals, one of the leading metal distributors in North America, announced that Mr. Michael Hoffman, vice chairman, Klockner USA Holding, Inc., will resign from his current position effective 31 December 2013.
Court Confirms Patriot Coal's Plan of Reorganization17 Dec 2013 - Patriot Coal Corporation announced that the U.S. Bankruptcy Court for the Eastern District of Missouri has confirmed the company's Plan of Reorganization.
Bloomberg: U. S. Steel Plant Explosion Near Detroit Kills Worker, Injures 216 Dec 2013 - An explosion early on the morning of 15 December 2013 at a United States Steel Corporation plant near Detroit killed one worker and injured two others, according to a Bloomberg report.
Second Continuous Slab Caster from Siemens Starts Up at JSW Steel16 Dec 2013 - In August 2013, a new continuous slab caster from Siemens Metals Technologies began operating at the Toranagallu steelworks of Indian steel producer Jindal South West Steel Ltd. (JSW Steel).
New Millennium Iron Announces New Member of Board of Directors16 Dec 2013 - New Millennium Iron Corp. (NML) announced that Mr. Partha Sengupta, vice president of raw materials, including Global Minerals, at Tata Steel Limited, has recently resigned as a director of the corporation, due to the recent changes in organizational structure of the Tata Steel Group.
Magnetek Offers cULus Certified Dynamic Braking Resistors16 Dec 2013 - Magnetek, Inc., a leading supplier of digital power and motion control systems for the material handling industry, announced the availability of a new line of cULus certified Dynamic Braking Resistors. These Dynamic Braking Resistors have been designed to meet UL508A and CSA C22.2 No. 14 safety standards.
NLMK Appoints New Vice President for Sales16 Dec 2013 - NLMK Group announced the appointment of Ilya Guschin as vice president for sales. Sergei Khorn, former acting vice president for sales, has been appointed his deputy.
MMFX Steel Introduces ChromX™ 4100 High-Strength Steel13 Dec 2013 - MMFX® Steel Corporation of America is proud to introduce its latest line of high-strength reinforcing steel featuring a 100 ksi yield strength, ChromX™ 4100 — ideal for large construction projects in need of high-yield strength at a reasonable material cost.
Integrated Mill Systems Plays Key Part in Revamp of ArcelorMittal Cleveland13 Dec 2013 - Among the leaders in the metals industry is ArcelorMittal’s Cleveland Works, recently described in the press as the “most productive steel plant on the planet,” is due in no small part to Integrated Mill Systems (IMS) which has lead the way for the past 10 years in helping make this a reality.
ThyssenKrupp Steel Europe's Spanish Employees Take Up New Jobs in Germany13 Dec 2013 - Almost 60 employees of the ThyssenKrupp Galmed plant in Spain are making a new start in Germany, having found new jobs at ThyssenKrupp Steel Europe after the Spanish plant was shut down.
Dongbei Special Steel Commissions Open-Die Forging Press from SMS Meer13 Dec 2013 - Dongbei Special Steel has successfully commissioned an 80-/100-MN open-die forging press supplied by SMS Meer at its works in Dalian, Liaoning Province, China.
Metinvest Implements the Largest Environmental Project in the History of Independent Ukraine13 Dec 2013 - The Metinvest Group signed a contract with Italy's Termokimik Corp., a leading producer of environmental equipment for industrial companies, to develop the basic engineering to upgrade the sinter plant at the Ilyich Iron & Steel Works of Mariupol (MMKI).
Report: Hrusovsky Elected as CEO of Alton Steel13 Dec 2013 - Alton Steel’s Board of Directors has elected James Hrusovsky as CEO, the company announced Tuesday, the St. Louis Business Journal reported.
SteelBenchmarker: HRB Prices Stagnate13 Dec 2013 - The bi-monthly SteelBenchmarker™ Western European HRB price for 9 December 2013 rose 1.7% to US$611 per tonne (on a Euro basis, it rose 0.2%) after falling last time.
SEASI Gives Update on ASEAN Steel Industry Situation in the First Half of 201313 Dec 2013 - Demand for steel in ASEAN countries picked up significantly — by 17% in the first half of 2013 compared with the first half of 2012, according to the South East Asia Iron & Steel Institute (SEASI).
MRC Global Makes Two International Acquisitions13 Dec 2013 - MRC Global Inc. has acquired Stream AS in Norway and Flangefitt Stainless Ltd. in the U.K.
JFE Establishes Joint Venture in Myanmar for Steel Structure Projects13 Dec 2013 - JFE Engineering Corporation of Tokyo, Japan, has established J&M Steel Solutions Company Limited, a joint venture company committed to infrastructure construction, together with Myanmar’s Ministry of Construction, and has commenced the construction of a new plant.
U.S. Steel Exports Rise in October12 Dec 2013 - Steel exports increased in October 2013 compared to September 2013 by 10.9% according to government reporting analyzed by the American Institute for International Steel (AIIS).
New Millennium Iron Announces Retirement of Director, Appointment of New Board Member12 Dec 2013 - New Millennium Iron Corp. (NML) announced that Mr. Hemant Nerurkar, formerly managing director of Tata Steel Limited, Jamshedpur, India, recently resigned as a director of the corporation.
Worthington Steel to Close Baltimore Facility12 Dec 2013 - On 10 December 2013, the Steel Processing Segment (Worthington Steel) of Worthington Industries, Inc. announced to its employees that its Baltimore steel facility will be closing by the end of its fiscal year, 31 May 2014.
ArcelorMittal Announces Changes to Organizational Structure12 Dec 2013 - ArcelorMittal announced it has reviewed its organization with the aim of simplifying it.
SDI Receives MCA Chairman's Award12 Dec 2013 - Steel Dynamics Inc. and one of its customers, Metal Sales Manufacturing Corp. of Louisville, were among the metals-related companies to receive the Metal Construction Association’s (MCA) 2013 Chairman’s Award for Overall Excellence during this year’s Metalcon International convention in Atlanta.
U. S. Steel Announces Executive Management Changes12 Dec 2013 - United States Steel Corporation announced a series of executive management changes including naming John J. Quaid, vice president - Iron Ore; Larry T. Brockway as senior vice president, chief risk officer and treasurer; Sharon K. Owen to retire from North American Flat-Rolled Operations.
Metalloinvest Announces New Appointments12 Dec 2013 - Andrey Ugarov has been appointed deputy CEO, chief operating officer, of Management Company Metalloinvest and Marina Novikova has been appointed deputy CEO, organisational development and human resources management.
Tata Steel's New Electrical Steels Improve Power Industry Efficiency11 Dec 2013 - Tata Steel subsidiary Cogent Power has unveiled a range of sophisticated new electrical steel products which reduce electricity losses by 20–30% compared with conventional grain-oriented grades.
NLMK Improves Occupational Health and Safety Across Russian Sites11 Dec 2013 - NLMK Group has launched new occupational health and safety (OHS) programs at all of its Russian sites.
ArcelorMittal and Bekaert Group Announce New Agreement in Latin America11 Dec 2013 - ArcelorMittal Long Carbon Americas will extend its partnership in Latin America with the Bekaert Group, a worldwide market and technology leader in steel wire transformation and coatings.
SMS Logistiksysteme to Supply Billet Inspection Line for Steelmaker in Vietnam11 Dec 2013 - SMS Logistiksysteme, Germany, received an order from Taiwanese Nan Ya Plastics Corp., a company of the Formosa Plastics Group, to supply a billet inspection line for the new fully integrated steelworks of Formosa Ha Tinh Steel Corporation domiciled in Vietnam.
AIIS Praises New WTO Trade Facilitation Agreement11 Dec 2013 - The American Institute for International Steel (AIIS) applauded the trade facilitation deal reached 7 December 2013 by the 159 member countries of the World Trade Organization at the WTO’s just-concluded Ninth Ministerial Conference meeting in Bali, Indonesia.
Severstal Initiates Antidumping Investigation of Ukrainian Wire Rod11 Dec 2013 - The Domestic Market Protection Department of the Eurasian Economic Commission has announced the start of an antidumping investigation after an application was filed by OAO Severstal and other Russian manufacturers.
Arch Coal's Leer Mine Reaches Major Milestone with Start-Up of Longwall11 Dec 2013 - Arch Coal, Inc. announced that Tygart Valley's Leer mine in northern West Virginia has begun operating its longwall mining system, representing a major milestone in the development of the overall mining complex.
Kvaerner Divests North American Construction Business10 Dec 2013 - Kvaerner has sold its onshore construction business in North America to Matrix Service Company for an enterprise value of US$80.3 million.
Alacero at OECD Meeting: Steel Industry Faces Most Difficult Situation Since Late 90s10 Dec 2013 - On 5–6 December 2013, Alacero — the Latin American Steel Association — participated in the 75th Steel Committee Meeting of the OECD (Organization for Economic Cooperation and Development).
EU's High Level Group Meets to Discuss the European Steel Industry10 Dec 2013 - At the EU's High Level Group on the European Steel Industry on 4 December 2013, Commission vice-president Antonio Tajani declared that there could be no Europe without a strong, competitive steel industry.
AISI Mourns Loss of Former President of the Steel Recycling Institute10 Dec 2013 - Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI), issued the following statement on the death of William M. Heenan, Jr., former president of the Steel Recycling Institute (SRI) and 2013 recipient of the Steel Market Development Institute’s (SMDI) Lifetime Achievement Award:
Danieli Corus Completes Ceramic Burner Rebuild at Tata Steel Port Talbot10 Dec 2013 - Danieli Corus recently completed an eight week project for the rebuild of the hot blast stove 13 ceramic burner at Tata Steel Port Talbot in Wales.
AIIS: U.S. Exports Decline in September10 Dec 2013 - Steel exports declined 10.9% in September compared to August, and were down 3.4% compared to September 2012, based on government reporting analyzed by the American Institute for International Steel (AIIS).
Eco Pickled Surface Technology Wins Approval from GM and Chrysler09 Dec 2013 - The Material Works, Ltd. (TMW) announced that strip steel processed by the eco pickled surface (EPS) technology has been approved as a replacement for acid pickled steel by the automotive manufacturers General Motors and Chrysler.
Naveen Jindal Speaks at Opening Ceremony of AIST's Third International Steel Academy in India09 Dec 2013 - The Association for Iron & Steel Technology (AIST) is proud to announce the third AIST International Steel Academy (ISA) is underway at Jindal Steel & Power Ltd. in Raigarh, India, 9–13 December 2013.
ArcelorMittal Ostrava Commissions Continuous Casting Facility09 Dec 2013 - ArcelorMittal Ostrava has officially commissioned its continuous casting facility, with the Czech Prime Minister Jiří Rusnok attending a formal ceremony to mark the occasion.
SMDI: When It Comes to Food Packaging Choices, Sustainability Trumps Novelty09 Dec 2013 - An independent research study conducted by MindClick Global on behalf of the Steel Market Development Institute (SMDI) found that when asked about sustainability in food packaging choices, two-thirds of consumers preferred steel cans.
Construction Starts on New Minnesota Vikings Stadium Using ArcelorMittal Steel09 Dec 2013 - ArcelorMittal Differdange, Luxembourg, will supply some 20% (3,000 tonnes) of the steel required for the construction of the new multi-purpose stadium in St. Paul, Minn., USA.
Anhui Tianda Puts Expanded PQF Plant from SMS Meer Into Service09 Dec 2013 - Anhui Tianda Oil Pipe in Anhui Province, China, has expanded and re-commissioned its existing PQF® plant supplied by SMS Meer, Germany.
KEYENCE Introduces New All-Purpose Sensor09 Dec 2013 - KEYENCE is excited to introduce the all new LR-T Series multi-purpose laser sensor.
Essar Steel Algoma Secures US$25 Million Loan Agreement09 Dec 2013 - Further to the 6 May 2013 amendment to its credit agreement, Essar Steel Algoma Inc. closed on a US$25 million secured loan with an institutional investor.
Outokumpu Completes Ramp-Down of Krefeld Melt Shop06 Dec 2013 - Outokumpu announced that the Krefeld melt shop in Germany has been ramped-down according to an earlier announced plan.
DiMicco Receives Citizen of the Carolinas Award06 Dec 2013 - The Charlotte Chamber of Commerce presented Nucor executive chairman Dan DiMicco with its prestigious Citizen of the Carolinas Award at its annual meeting on 3 December 2013.
Cliffs Announces Executive Promotion06 Dec 2013 - Cliffs Natural Resources Inc. announced that P. Kelly Tompkins, currently executive vice president, chief administrative officer and president of Cliffs China, has been appointed executive vice president, external affairs and president, global commercial.
Ruukki to Supply Metal-Coated High-Strength Steel for Thermosolar Plant in Morocco06 Dec 2013 - Ruukki has signed a contract to deliver 9,000 tonnes of metal-coated, high-strength steel to the Spanish company CIE EGAÑA.
Tenaris Purchases Remaining Interest in Brazilian Joint Venture06 Dec 2013 - Tenaris announced on 4 December 2013 an agreement to purchase, subject to regulatory approval, the remaining 50% interest in Socotherm Brasil from Socotherm Americas, a division of ShawCor.
Ural Steel Increases Sinter Production Capacity06 Dec 2013 - Ural Steel — a part of Metalloinvest — has completed an upgrade to its No. 4 sintering plant.
Tenaris Orders Seamless Tube Plant from SMS Meer for New Texas Plant05 Dec 2013 - Tenaris has awarded SMS Meer with the supply of a PQF® plant for the Bay City site in Texas, U.S.A.
ArcelorMittal USA Recognized by U.S. Energy Department, Commits to Further Cut Energy Use05 Dec 2013 - ArcelorMittal was recently recognized by the U.S. energy department for its leadership in the Better Buildings, Better Plants Program, which supports the Obama administration’s target to increase energy productivity in the U.S. by 2030.
AISI: U.S. Import Market Share at 22% in November05 Dec 2013 - Based on the U.S. 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 November total 2,541,000 tons*.
USW Issues Statement on ThyssenKrupp Steel USA Acquisition05 Dec 2013 - The United Steelworkers (USW) issued the following statement regarding the acquisition of ThyssenKrupp Steel USA by a joint venture of ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation.