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Latest News:
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ThyssenKrupp Steel Europe Welcomes 328 New Apprentices
Sep. 3, 2010 - ThyssenKrupp Steel Europe AG has taken on 328 new apprentices in 19 occupations with the startup this week of its latest apprentice training year. To ease the transition from school to working life, all newcomers attend a week-long initiation course in which they meet other apprentices, learn about the company, and spend time focusing on workplace health and safety.
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Steel Import Permits Decrease 15% in August
Sep. 2, 2010 - Steel import permit applications reached a total of 2,082,000 net tons for August, a 15% decrease from the 2,436,000 permit tons recorded in July and a 14% decrease from the July preliminary imports total of 2,415,000 net tons, according to the latest report from AISI.
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Lakeside Steel Breaks Ground on New Alabama Facility
Sep. 2, 2010 - Construction of Lakeside Steel Inc.’s new pipe manufacturing facility in Thomasville, Ala., has officially begun. The construction phase is expected to be substantially completed by April 2011.
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Horsehead Updates Restart Schedule for PA Refining Facility
Sep. 2, 2010 - Horsehead Holding Corp. noted that the Monaca, Pa., plant's zinc oxide and metal refinery remains temporarily shut down. Regarding zinc oxide production, the company currently expects to restart all four Larvik furnaces by the end of September; it expects to restart the zinc oxide and refined zinc metal columns in stages starting in November.
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Solaris Industries Opens New Plant in North Carolina
Sep. 2, 2010 - Solaris Industries has officially opened its plant in Kings Mountain, N.C., to meet the needs of a growing customer base in the United States. The company plans to hire about 40 to 50 employees over the next two years.
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TMK Joins Industrial Liaison Program at MIT
Sep. 2, 2010 - TMK becomes one of approximately 200 companies around the world (and the first Russian company) to gain access to Massachusetts Institute of Technology resources and receive benefits from the Industrial Liaison Program's human and intellectual capital.
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Severstal Announces Changes to Senior Management Team
Sep. 1, 2010 - Changes to OAO Severstal’s senior management team will take effect on September 1, 2010. These include Alexander Grubman, currently CEO of Severstal Resources division, being appointed CEO of Severstal Russian Steel.
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Universal Stainless Names New Chief Technology Officer
Sep. 1, 2010 - Universal Stainless & Alloy Products, Inc. has named Arthur C. Reardon, Ph.D., to the newly created position of Chief Technology Officer effective August 31, 2010. He will lead metallurgical process development and oversee all company laboratory capability testing and analysis.
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Corus Increases Aerospace Steel Prices
Sep. 1, 2010 - Corus Specialty Steels has increased transaction prices for its aerospace products by between 4% and 10% on orders acknowledged for delivery after January 1, 2011. The price increase will apply to the full range of air melted and remelted products in ingot, slab, billet, bar, and coil form.
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Vale Signs Railroad and Port Contracts
Sep. 1, 2010 - Vale has signed contracts with Gerdau Açominas to transport steel products and coal using Vale's logistics infrastructure—Vitória-Minas Railroad and Praia Mole Terminal in Espírito Santo—over the next three years.
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ArcelorMittal Kryviy Rih Steel Bars Named Best Domestic Product
Aug. 31, 2010 - Deformed reinforcing steel bars produced by OJSC ArcelorMittal Kryviy Rih were recently recognized in Ukraine as a “Best domestic product 2010” after receiving high marks in product quality, domestic and foreign sales, and positive feedback from customers, among other categories.
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Gerdau Closes Gerdau Ameristeel Transaction
Aug. 31, 2010 - Gerdau Ameristeel and Gerdau announce the completion of Gerdau’s acquisition of all remaining shares of Gerdau Ameristeel pursuant to the recently announced plan of arrangement.
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SMDI Honors the Steel Food Can
Aug. 31, 2010 - Investor company members of the Steel Market Development Institute (SMDI) are celebrating 200 years of food can innovation and honoring households across America that incorporate canned food into recipes and meals.
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Gerdau Ameristeel Obtains Final Order for Plan of Arrangement
Aug. 30, 2010 - The Ontario Superior Court of Justice has issued a final order approving the plan of arrangement for Gerdau SA’s acquisition of all remaining common shares of Gerdau Ameristeel. The plan is expected to close on Monday, August 30, 2010.
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Posco-South Asia Begins Operation
Aug. 30, 2010 - Posco-South Asia was officially launched in Bangkok, Thailand, on August 25 to help establish a global steel network in emerging markets of the Southeast Asia region, including Vietnam, Malaysia, and Indonesia, as well as Southwest Asia including India.
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Gerdau Açominas Selects Tenova to Supply Walking Beam Furnaces
Aug. 27, 2010 - Gerdau Açominas and Tenova LOI Italimpianti have agreed upon the supply of two walking beam furnaces for slabs to be installed in the new Plate/Steckel mills of the Gerdau Açominas Plant in Ouro Branco, Brazil. The furnaces will each have a production capacity of 220/265 tonnes per hour.
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EPA Orders Tonawanda Coke to Comply with Clean Water Act
Aug. 27, 2010 - The U.S. EPA has ordered the Tonawanda Coke to comply with its Clean Water Act permit. Among other violations, Tonawanda Coke is discharging industrial wastewater containing cyanide in excess of its permit limits into the town of Tonawanda’s sanitary sewer system.
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