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Latest Steel mill Stories

2008-09-03 03:00:16

By Kirgin, Ken Casting shipments continue to decline this year, leading to a slight uptick next year. A preliminary analysis of the use of metal castings in the U.S. indicates that the slowdown forecast for 2008 continues, and a loss of 3.8% in casting shipments is to follow the drop in tonnage in 2007. The slowdown experienced in the first six months of this year in most casting market sectors is expected to continue into 2009; however, shipments should increase 2.8% over this year's...

2008-08-29 18:00:32

Tokyo, Aug. 29 (Jiji Press)--Nippon Steel Corp. said Friday that its fire-hit Yawata steelworks in the southwestern Japan city of Kitakyushu will resume full operations in mid-December. The July 29 fire is expected to cause a loss of some 200,000 tons in steel output. The company will take a range of measures to make up for the loss, including the utilization of inventories, curbs on exports and seeking help from partners Sumitomo Metal Industries Ltd. and Kobe Steel Ltd. , Hiroshi...

2008-08-29 12:01:04

By Paul Burgarino PITTSBURG -- The curtain will soon rise on a new era in steel production in this Delta city, as a multimillion-dollar pipe factory takes shape. Since breaking ground earlier this year, crews have been working on the foundation for the United Spiral Pipe factory, a three-way joint venture involving United States Steel Corp. and two South Korean steel-makers, POSCO and SeAH Steel Corp. Work on building the actual structure of the nearly $137 million project is set to...

2008-08-15 00:00:29

Bricmont Inc. of Canonsburg said Shanghai Meishan Iron & Steel Co. Ltd. awarded it an $11.5 million contract to supply a dual line tunnel roller hearth furnace to heat slabs at its steel mill in Nanjing, China. Bricmont said it will supply engineering services, materials, procurement and field services for the furnaces, which are scheduled to be completed in October 2010. Originally published by staff and wire reports. (c) 2008 Tribune-Review/Pittsburgh Tribune-Review. Provided by...

2008-08-05 03:00:34

By Joe Napsha, The Pittsburgh Tribune-Review Aug. 5--Koppers Holdings Inc. of Pittsburgh said Monday it is selling its Monessen coke plant to the world's largest steelmaker for $160 million in a deal that will end its involvement in the coke-making business. Koppers Inc., a subsidiary of Koppers Holdings, said it expects the sale to ArcelorMittal SA of Luxembourg to be completed in the fourth quarter. The deal is subject to regulatory approvals. The sale would affect about 180...

2008-08-02 03:00:22

By Stephen J. Lee, Grand Forks Herald, N.D. Aug. 2--There is nothing useless, junky, abandoned or trifling about the scrap metal business these days, despite how the dictionary defines scrap. Nothing better illustrates that than the mountains of rusty and faded iron towering over and bulging into fences at the Residual Materials Inc. yard on Mill Road, on the north edge of Grand Forks. These hills are a sign of a worldwide bull market for scrap steel, copper, brass and aluminum. In...

2008-07-28 03:00:31

By Anonymous "One major factor in our selection of this Fulton County site is the close proximity to the North Star Steel mill," stated Andrew Woollett, chairman of the board, ZincOx Resources plc in an interview with Toledo Business Journal Woollett traveled to the United States from the company's headquarters in Great Britain to host the ceremonial groundbreaking for the $160 million facility near Delta, Ohio. The project is planned for completion at the end of 2009. Woollett explained...

2008-07-27 12:00:35

By James Amos, The Pueblo Chieftain, Colo. Jul. 27--The North coal bin finally came down at Evraz Rocky Mountain Steel on Saturday, but it didn't come easy. The 900-ton bin resisted one attempt with explosives at 12:30 p.m. and put up a long fight when workers used cables and heavy equipment to pull it down. It only fell 2 minutes after workers pulled part of a support beam away. When it came down about 2 p.m., beams from the steel bin punched holes in an old underground water main...

2008-07-25 12:01:01

HARRISBURG, Pa., July 25, 2008 (PRIME NEWSWIRE) -- Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today that its worldwide mill services division has been awarded a new ten-year contract valued at more than $60 million over its duration to provide on-site environmental services to ArcelorMittal's massive Dunkirk steel works in northern France. The contract underscores Harsco's growing role in developing and executing integrated environmental solutions for the...

2008-07-21 21:00:29

FORT WAYNE, Ind., July 21 /PRNewswire-FirstCall/ -- Steel Dynamics, Inc. today announced second quarter 2008 net income of $210 million, or $1.05 per diluted share, up sequentially 48 percent from $143 million, or $0.72 per diluted share from the first quarter of 2008. Net sales for the second quarter increased 26 percent to $2.4 billion compared to the first quarter of 2008. Compared to the second quarter of 2007, net sales increased 164 percent, from $911 million to $2.4 billion, and net...