Steel news & business reports, industry information, statistics.
sotn

World Steel News

Latest world steel industry headlines and press reports

International Steel News


United States Steel Corporation Declares Dividend
Wed, 29 Jul 2015 01:15:00 +0100
PR Newswire - PITTSBURGH, July 28, 2015 /PRNewswire/ -- United States Steel Corporation (NYSE: X) announced today that its Board of Directors declared a dividend of five cents per share on U. S. Steel Common Stock. The ...
http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/united-states-steel-corporation-declares-001500856.html


Steel Price Forecast, July 2015: HRC, CRC, HDG, Plate - MetalMiner
Tue, 28 Jul 2015 16:19:23 +0100
Without a doubt the historical passage of several trade measures in the US has the potential to change the steel products landscape in the coming years. After all, US HRC steel prices have dropped by 25% since the start of this year. The steel industry ...
http://agmetalminer.com/2015/07/28/steel-price-forecast-july-2015-hrc-crc-hdg-plate/


Tata Steel Scunthorpe: Klesch sale update
Tue, 28 Jul 2015 16:13:00 +0100
AMERICAN billionaire Gary Klesch, who is bidding to buy the Scunthorpe Tata Steelworks, has not completed the sale with the Indian owners within the original timescale. On October 15 last year, the Klesch Group and Tata Steel said in a joint statement ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=afb697fac3ee43d4a805aab3bd6ac45d&url=http%3a%2f%2fwww.scunthorpetelegraph.co.uk%2fTata-Steel-sale-update%2fstory-27464489-detail%2fstory.html&c=kLNwKCmK79OXD09cF-QQ5DLcT3iM6J8V_7_RcDuDye0&mkt=en-ie


Australia's Roy Hill iron ore mine said to be facing short delay ...
Tue, 28 Jul 2015 14:01:24 +0100
The start-up of the $10-billion Roy Hill iron ore mine under construction in Australia has been postponed until the second week of October because of bad weather and safety problems earlier this year, according to a media report. The mine, 70% owned by ...
http://www.hellenicshippingnews.com/australias-roy-hill-iron-ore-mine-said-to-be-facing-short-delay/


Union Membership Conducts Second Vote and Again Rejects Labor Contract ...
Tue, 28 Jul 2015 13:00:00 +0100
GlobeNewswire - LITTLETON, Colo. -- Stillwater Mining Company reported today that union employees at the Company's Stillwater Mine and Columbus processing facilities, represented by the USW International Union Local 11-0001, ...
http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/union-membership-conducts-second-vote-120000750.html


American Iron and Steel Institute: Weekly raw steel production - ...
Tue, 28 Jul 2015 09:28:39 +0100
In the week ending July 25, 2015, domestic raw steel production was 1,740,000 net tons while the capability utilization rate was 72.8 percent. Production was 1,914,000 net tons in the week ending July 25, 2014 while the capability utilization then was ...
http://www.yourmetalnews.com/american%2Biron%2Band%2Bsteel%2Binstitute%253A%2Bweekly%2Braw%2Bsteel%2Bproduction%2B-%2Bjuly%2B25,%2B2015_119209.html


Steel Output CIS crude steel output drops 11% in June - Metal.com ...
Tue, 28 Jul 2015 09:19:37 +0100
The total crude steel production by Byelorussia surged higher by 7.70% during June this year to 232,000 tonnes from 215,000 tonnes in June 2014. Kazakhstan produced 312,000 tonnes of crude steel, up significantly by 7.2% when compared to 291,000 ...
http://www.metal.com/newscontent/75839_steel-output-cis-crude-steel-output-drops-11-in-june


Chinese iron ore futures rally as steel mills restock - Business ...
Tue, 28 Jul 2015 08:44:00 +0100
SHANGHAI: Chinese iron ore futures climbed more than 3 percent to hit a one-week high on Tuesday as buying from steel mills in the world's top consumer picked up and inventories at ports dropped. The most active January iron ore futures contract on the ...
http://www.brecorder.com/markets/commodities/asia/249516-chinese-iron-ore-futures-rally-as-steel-mills-restock.html


Ukraine: InGOK concentrate output down in H1 2015
Tue, 28 Jul 2015 07:50:07 +0100
In January-June Ingulets Mining and Processing Works (InGOK, Kriviy Rih), a part of the Metinvest Group, produced 5.7 million tons of iron ore concentrate, down by 17.2% YoY. According to a company representative, in June InGOK produced 954 thousand tons of concentrate. In 2014 iron ore concentrate output at InGOK decreased by 1.2% YoY, to
http://metalukraine.com/2015/07/28/ukraine-ingok-concentrate-output-down-in-h1-2015.html


Prakash Steelage jumps on sale of tube division to Spain's Tubacex ...
Tue, 28 Jul 2015 06:40:54 +0100
NEW DELHI: Prakash Steelage Ltd rose as much as 12.4 per cent in trade on Tuesday, after media reports suggested that Spanish firm Tubacex has completed the acquisition of 68 per cent of the seamless stainless steel tubes division of Prakash Steelage ...
http://economictimes.indiatimes.com/markets/stocks/news/prakash-steelage-jumps-on-sale-of-tube-division-to-spains-tubacex/articleshow/48247636.cms


Steel Dynamics, Inc. (NASDAQ:STLD) Short Interest Update - Money ...
Tue, 28 Jul 2015 04:08:25 +0100
Money Flow IndexSteel Dynamics, Inc. (NASDAQ:STLD), According to the latest information the short interest in Steel Dynamics, Inc. shot up by 25% or 1,182,481 shares. The final shorts are 2.6% of the total floated shares. The positions increased from 4,730,792 shares ...
http://www.moneyflowindex.org/steel-dynamics-inc-nasdaqstld-short-interest-update/382458/


Steel mills expect gains from output suspension
Tue, 28 Jul 2015 02:51:00 +0100
Some steel mills based in the places such as Handan and Tangshan in Hebei province and Taiyuan in Shanxi province have already received notice asking them to reduce or suspend production during the celebration to be held on September 3, according to steel ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=f0d3d03701e24f2ab5c0fc0a118f72a8&url=http://www.chinadaily.com.cn/business/2015-07/28/content_21428077.htm&c=3YKRcSops6kmQmUQNYn5amCab37NUjBpzFkAxbRUvWQ&mkt=en-gb


London rebar specialist Kierbeck in administration
Tue, 28 Jul 2015 01:29:00 +0100
Leading reinforcing steel supplier Kierbeck Thames has been placed into administration ... which is part of the Saudi Arabian Al-Tuwairqi Group. Kierbeck is a major supplier of rebar to the overheated London market and ranks as the single largest supplier ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=c11245356a384fdda8be676f5335c13d&url=http://www.constructionenquirer.com/2015/07/28/london-rebar-specialist-kierbeck-in-administration/&c=Yagi1ri0Qr2WMoaz4UIsx3DZ5hW3bT5KXG1VFbmFank&mkt=en-gb


CAE sells mining software division to Constellation Software
Tue, 28 Jul 2015 00:00:00 +0100
Canadian flight-simulator software company CAE has sold its mining software business to Constellation Software.
http://www.mining-technology.com/news/newscae-sells-mining-software-division-constellation-software-4633088


Bajaj Steel Industries Ltd Fixes Book Closure for 2014-15 Dividend ...
Mon, 27 Jul 2015 23:50:00 +0100
The Register of Members & Share Transfer Books of Bajaj Steel Industries Ltd will remain closed from August 31, 2015 to September 23, 2015 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=d311d60409444191969f20d1bc4b1960&url=http%3a%2f%2fwww.equitybulls.com%2fadmin%2fnews2006%2fnews_det.asp%3fid%3d164753&c=YD6Xw1UC2DOuM7btlDk4HMFfjQeGZFv1hGcc3gKOFtA&mkt=en-ie


Active Oil & Gas Rig Counts Show Improvement - Steel Market Update
Mon, 27 Jul 2015 21:26:11 +0100
The decline in the drilling of new gas and oil wells is having a direct impact on the amount of line pipe, storage tanks, and OCTG that is being used by the energy sector. A good portion of these products come from hot rolled coil or plate substrate ...
https://www.steelmarketupdate.com/news/6910-active-oil-gas-rig-counts-show-improvement


Chinese spot alumina prices hold steady despite smelter cuts
Mon, 27 Jul 2015 18:47:00 +0100
Receive additional information on Metals Alert Platts Metals Alert is the metal and steel industry's leading real-time news ... so now we have to wait and see if others follow, a Henan smelter source said. However, talks of smelter cuts have not provided ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=a05d2862324e447c9d15dcc230d1d135&url=http://www.platts.com/latest-news/metals/singapore/chinese-spot-alumina-prices-hold-steady-despite-21851801&c=k0To5O1qKdeoo6l0DHjRO66e-mt0-IAWegdEKm63zN0&mkt=en-gb


[Get more steel headlines]



Other Iron and Steelmaking Press and Media Releases

If you have a company press release that you would like us to publish above and distribute without restrictions concerning syndication and reuse, then please contact us.