Steel News > Home

Welcome to SteelNews.com

Latest News:

Commerce Finds Subsidization of Welded Steel Line Pipe from China
Nov. 19, 2008 - The U.S. Department of Commerce announces its affirmative final determination in the countervailing duty investigation on imports of circular welded carbon quality steel line pipe from P.R. China.

MMFX Technologies Starts Mill, Completes Institutional Funding
Nov. 19, 2008 - MMFX Technologies completes a $55-million commitment in secured debt financing and receives final funding with the startup of its Welland, Ont., steel mill facility.

QIT-Fer et Titane Recognized for Promotion of Women in Metallurgy
Nov. 19, 2008 - Rio Tinto subsidiary QIT-Fer et Titane, Sorel-Tracy, Que., receives an honorary, Quebec-wide prize aimed at underlining the industry's commitment to improving women's access to employment in the field of metallurgy.

JSW Building Systems Enters JV with Severfield Reeve Structures
Nov. 19, 2008 - JSW Building Systems and U.K.-based Severfiled Reeve Structures formalize a joint venture company to a create significant steelwork business based in the Bellary district of Karnakata.

Tata Steel Honored by the President of India with Best Establishment Award
Nov. 19, 2008 - Tata Steel is honored with the Certificate of Honour for Best Establishment, given by her Excellency, The President of India, Mrs. Pratibha Devi Singh Patil.

Insteel Industries Announces Stock Repurchase Program
Nov. 19, 2008 - The Insteel Industries board of directors authorizes the company to repurchase up to $25 million of its outstanding common stock.

Cliffs and Alpha Natural Resources Terminate Merger Agreement
Nov. 18, 2008 - Cliffs and Alpha Natural Resources approve termination of their previously announced definitive merger agreement, as well as settlement of litigation brought by Alpha in Delaware Chancery Court.

Posco Launches First Overseas Steelmaking Company
Nov. 18, 2008 - Posco has officially launched Posco-Malaysia, its first overseas incorporated steelmaking company.

SMS Demag Starts up X-Melt Steel Plant at OAO Severskij Tube
Nov. 18, 2008 - SMS Demag commissions an X-Melt electric steel plant with an annual capacity of 1.0 million tonnes/year at OAO Severskij Tube’s Polevskoy location in Russia.

Siemens to Supply Process Control for Henan Yongshun Mill Upgrade
Nov. 18, 2008 - Siemens Metals Technologies will supply three new process control systems, including the associated flatness measurement and coolant sprays technology, for foil rolling mills at Henan Youngshun Aluminium Co. Ltd.

SeverStal Opens China Office
Nov. 18, 2008 - OAO SeverStal opens its first China representative office in Beijing, a move that the company said would help it to consolidate existing procurement activities and explore ways to partner with Chinese stakeholders.

Corus to Dispose of Aluminum Smelters
Nov. 18, 2008 - Corus and Klesch sign a non-binding Letter of Intent for the proposed acquisition of Corus’ aluminum smelters by an affiliate of Klesch.

NLMK Terminates Agreement to Purchase John Maneely Company
Nov. 17, 2008 - Novolipetsk Steel terminates its agreement to buy DBO Holdings, the corporate parent of John Maneely Co., from The Carlyle Group.

AK Steel Recognizes Top Suppliers and Processors
Nov. 17, 2008 - AK Steel recognizes seven of its suppliers and processors for their outstanding service, value and strategic support of the steelmaker's business plan in 2008.

Siemens to Supply Drive Systems for Corus Ijmuiden Hot Strip Mill
Nov. 17, 2008 - Siemens Nederland NV will supply new drive technology for Corus Strip Products Ijmuiden’s existing Hot Strip Mill No. 2.