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Steel Dynamics to Offer $300 Million in Notes
Mar. 12, 2010 - Steel Dynamics announces plans to sell approximately $300 million in aggregate principal amount of debt securities in a transaction exempt from the registration requirements of the Securities Act of 1933.

Mechel Announces Accident at Its Chelyabinsk Metallurgical Plant
Mar. 12, 2010 - Mechel OAO halts production at the Chelyabinsk Metallurgical Plant Coke Shop #2 following a fatal gas explosion on Thursday, March 11.

Siemens Supplies Equipment for Handan Bar and Wire Rod Mills
Mar. 12, 2010 - Siemens VAI Metals Technologies has received an order from Handan Iron & Steel Co. to supply mechanical equipment for a bar mill and a mill train for the wire rod mill. The project is scheduled to be completed by late 2010.

Danieli to Supply Equipment to Jianlong Group, Stefana Montirone
Mar. 12, 2010 - Jianlong Group Co., Ltd. has contracted Danieli CentroMet / Danieli Changshu Metallurgical Equipment and Service Co., Ltd. to supply a new conticaster for large-size rounds to be installed in its Chengde steel plant. Stefana Spa has also contracted Danieli for the supply of a FastCast CCM for production of billets, to be installed in its Montirone steelworks.

SinoCoking Commences Construction of New Coking Facility
Mar. 12, 2010 - SinoCoking Coal and Coke Chemical Industries, Inc. recently broke ground on the construction of its new coking facility in Pingdingshan city, in Henan Province, China. The facility will have an anticipated maximum annual production capacity of 900,000 tonnes of coke.

Magazine Names MMK-Atakas Finan?ing “The Deal of the Year”
Mar. 12, 2010 - MMK-Atakas project financing was selected by Trade Finance magazine as “The Deal of the Year.” According to the magazine, OJSC MMK put together a ground-breaking deal to secure financing for the MMK-Atakas flat steel making plant in Turkey.

December Steel Shipments Up 11.3% from Previous Month
Mar. 11, 2010 - U.S. steel mills shipped 6,035,000 net tons for the month of December 2009, an 11.3% increase from the previous month’s shipments according to the latest report from AISI.

Siemens Replaces LD Converters at CSN
Mar. 11, 2010 - Companhia Siderúrgica Nacional (CSN) has placed an order with Siemens for the replacement of two LD converters at its Volta Redonda location. Turnkey delivery of the converters is planned during the summer of 2011 and at the end of 2012, respectively.

Outokumpu Duplex Pipes Used by Metso for Pilot Paper Machine
Mar. 11, 2010 - Outokumpu has introduced a new comprehensive system of duplex pipes and fittings, called Outokumpu Duralite™ Piping System, to serve customers in a range of applications. Metso chose Duralite pipes in the lean duplex grade LDX 2101® to rebuild a pilot paper machine.

Ruukki Offers Strong, Weather-Resistant Structural Steel
Mar. 11, 2010 - Ruukki is launching Optim 960 QCW structural steel, a new grade that combines high strength and weather resistance. Optim 960 QCW is made using a direct quenching process developed by Ruukki and is suitable for applications such as containers, cranes, and booms.

Cliffs Elects New Board Member
Mar. 11, 2010 - Cliffs Natural Resources Inc.’s Board of Directors has elected James F. Kirsch as a director. Kirsch also currently serves as Chairman, President, and Chief Executive Officer of Ferro Corp.

Steel Dynamics Declares Cash Dividend, Issues Q1 Guidance
Mar. 10, 2010 - Steel Dynamics’ board has declared a quarterly cash dividend of $0.075 per common share, payable on or about April 12, 2010, to shareholders of record at the close of business on March 31, 2010. The company also issued first quarter 2010 earnings guidance of $0.22 to $0.27 per diluted share.

ArcelorMittal USA Again Receives Energy Star Honor
Mar. 10, 2010 - ArcelorMittal USA was recently selected, for the third consecutive year, as a 2010 Energy Star® Sustained Excellence Award winner for Energy Management, awarded annually by the U.S. Environmental Protection Agency and the U.S. Department of Energy.

California Steel Reports 4th Quarter, Full Year 2009 Results
Mar. 10, 2010 - California Steel reports a net loss of $2.3 million on net sales of $153.6 million for the fourth quarter and a net loss of $13.1 million on net sales of $551.8 million for the full year ended December 31, 2009.

Posco Completes Corporate Restructuring
Mar. 10, 2010 - Posco has created the Growth Investment division, integrated the Marketing and Production divisions, and established the new post of Chief Technology Officer to increase the synergy on technology independence and development.

Mechel, Gazprombank Amend Credit Facility Agreements
Mar. 10, 2010 - Mechel OAO announces prolongation of credit facilities for its subsidiaries obtained earlier from Gazprombank. According to the amendment agreements, the credit maturity extends from three years to six years.

Nippon Steel Invests in Malaysian Steel Sheet Manufacturing Firm
Mar. 9, 2010 - Nippon Steel Corp. has reached an agreement with Yung Kong Galvanizing Industries Berhad (YKGI) to subscribe for redeemable convertible preference shares, which will be newly issued by YKGI around June 2010.

BHP Billiton Reaches Met Coal Agreements with Customers in Europe, Asia
Mar. 9, 2010 - BHP Billiton reaches terms for a significant portion of its hard coking coal volumes for 2010, including agreements with a range of customers in Europe, China, India and Japan.

Tata Steel Reports Production Increases for February
Mar. 9, 2010 - Tata Steel posted February increases in its hot metal (+13.5%), crude steel (+13%), and saleable steel (+0.4%) production compared to the corresponding month last year.

JSW Posts 69% Growth in Crude Steel Production
Mar. 9, 2010 - JSW Steel Ltd. reported crude steel production of 502,000 tonnes for February 2010 compared to 297,000 tonnes in the corresponding month last fiscal year, up 69%.

Universal Stainless Announces Base Price Increases
Mar. 9, 2010 - Universal Stainless & Alloy Products announces base price increases of 3% to 5% on stainless and low alloy grade products manufactured at its Bridgeville and Dunkirk facilities.

Outokumpu, Ruukki Affected by Stevedores Strike in Finland
Mar. 9, 2010 - Outokumpu reports that the strike of the Finnish stevedores has started to impact its operations in Röyttä harbor in Tornio. At Ruukki, the strike will initially affect the transportation of steel products for export, which will be evident in longer delivery times.

ThyssenKrupp Nirosta Supplies Stainless Steel for Metro Trains in Hamburg
Mar. 8, 2010 - The DT5 multiple unit train, developed by the consortium Alstom/Bombardier Transportation under a contract from Hamburger Hochbahn AG, makes extensive use of Nirosta 4318 stainless steel from ThyssenKrupp Nirosta.

Essar Group, Denham Capital Announce Purchase-Sale Agreement for Trinity Coal
Mar. 8, 2010 - Essar Group, through its Essar Minerals subsidiary, and Denham Capital recently announced a definitive agreement by which Denham will sell its ownership of Trinity Coal to Essar for US $600 million. The deal is expected to close by the end of March.

Corus Subsidiary Announces £8.3 Million Steel Support Package
Mar. 8, 2010 - UK Steel Enterprise, the Corus subsidiary that helps the economic regeneration of communities impacted by steel industry changes, announces an £8.3m package of support measures in the wake of the recent job losses at Teesside.

Tenova Core Installs Walking Beam Reheat Furnaces at Hyundai Steel
Mar. 8, 2010 - Tenova Core has recently completed the successful start-up of two 235-tonnes/hour walking beam furnaces for reheating slabs for a new plate mill at Hyundai Steel’s Dangjin, South Korea, plant.

Baosteel's TMCP Ship Plate Enters Ship Building Market
Mar. 8, 2010 - Baosteel Co., Ltd. recently supplied TMCP (thermo mechanical control process) ship plate in batches to STX Heavy Industries Co., Ltd. and Daewoo Shipbuilding & Marine Engineering Co., Ltd. of Korea.

Steel Import Permits Decline 7% in February
Mar. 5, 2010 - Steel import permit applications totaled 1,530,000 net tons for the month of February, a 7% decrease from the 1,644,000 permit tons recorded in January according to the latest report from AISI.

Superior Ships Components for EAF Revamp at North Star Bluescope
Mar. 5, 2010 - Superior Machine Co. of S.C., Inc. has completed and shipped the major components for an upcoming revamp of North Star BlueScope Steel, LLC’s electric arc furnace. Superior’s field service crew is in the process of reassembling the tilt platform, bottom shell (hearth), and upper shell onsite.

Commerce Preliminarily Finds Dumping of Magnesia Carbon Brick from China, Mexico
Mar. 5, 2010 - The Department of Commerce announced on March 4 that it preliminarily determined that Chinese and Mexican producers/exporters have sold magnesia carbon brick in the United States between 132.74 and 349.00%, and 54.73% less than normal value, respectively.