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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.
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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.
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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.
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AISI Supports Efforts to Halt EPA Regulation of Stationary Sources Mar. 5, 2010 - The American Iron and Steel Institute applauds efforts in both the U.S. Senate and the U.S. House of Representatives to prevent “economically damaging action” by the Environmental Protection Agency to regulate greenhouse gases from stationary sources.
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Outokumpu Oyj Unaffected by Finnish Harbor Workers' Strike Mar. 5, 2010 - Outokumpu announces that the strike of Finnish harbor workers does not have any material impact on its exports or imports. The private part of the Röyttä harbor, which only serves Tornio Works, is expected to operate “almost normally” with the help of subcontractors.
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Nucor, Mitsui to Form Steel Processing Joint Venture Mar. 4, 2010 - Nucor Corp. and Mitsui & Co. (U.S.A.) have entered into a 50-50 joint venture in which newly created NuMit LLC will own and operate a flat rolled steel processing network and other steel related projects throughout North America.
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TMK IPSCO to Open New Production Facility in Marcellus Shale Region Mar. 4, 2010 - TMK IPSCO has signed a lease on a building in Brookfield, Ohio, where it will install new equipment to further expand the threading capacity of its ULTRA Premium Connections product line. The facility is expected to begin operations during the second quarter of this year.
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PBS Coals Appoints New CEO Mar. 4, 2010 - Coals Inc. recently appointed Lynn Shanks as CEO. He assumed the position on February 18.
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Ruukki Releases Report on 2009 Environmental Responsibility Mar. 3, 2010 - Ruukki claims in its 2009 corporate environmental report that it made progress in the energy efficiency of production with the aim of achieving energy savings of 9%, compared to 2005 levels, by 2016. The company spent a total of EUR 21 million on environmental investments in 2009.
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Nucor Subsidiary Acquires Ocala Recycling Mar. 2, 2010 - Nucor Corp.’s wholly owned subsidiary, The David J. Joseph Co. (DJJ), has acquired the assets and business of Ocala Recycling LLC, currently a subsidiary of Blaze Metals LLC. DJJ will operate the Ocala facilities as part of Trademark Metals Recycling LLC.
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Essar Steel Algoma Announces Scholarship Program Mar. 2, 2010 - Essar Steel Algoma has launched a corporate scholarship program that offers two distinct scholarships: The Scholarship of Distinction, which targets university-bound students, and the Scholarship of Merit, which is aimed at students who elect to attend college.
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