http://www.steelonthenet.com steel industry rss feed http://www.ruukki.com/www/news.nsf/HeadlinesPublicEng/7FC02AE2302C1CF2C22576650034501F [Steelonthenet.com] Helsinki, Finland; 05 Nov 2009 - Rautaruukki Corporation has issued a EUR 150 million bond targeted at domestic investors. This five-year bond carries an annual fixed rate coupon of 5.25 per cent. The bond is the first tranche [more ...] Thu 05 Nov 2009 09:45:00 +0100 http://www.steelonthenet.com/commerce/profiles/polish_steel.html [Steelonthenet.com] London, UK; 02 Nov 2009 - In a newly published report, steel experts MCI discuss the responsibility for historic land contamination in Poland and assert that the authorities' approach to removal of old environmental burdens has been a major disappointment. Handling of these issues in Poland is in stark contrast to the approach in East Germany and in the Czech Republic where [more ...] Mon 02 Nov 2009 15:45:00 +0100 http://www.mechel.com/news/article.wbp?article-id=BF08F485-DE51-4489-860E-95BD4D15AF1E [Steelonthenet.com] Moscow, Russia; 02 Nov 2009 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces appointment of the new Chief Executive Officer for Mechel's East-European Steel Division. Viktor Dyshlevich (51) is appointed Chief Executive Officer for Mechel's East-European Steel [more ...] Mon 02 Nov 2009 15:05:00 +0100 http://www.steelonthenet.com/pdf/HBIA_Stalberg_Oct_2009.pdf [Steelonthenet.com] Matthews, North Carolina, USA; 26 Oct 2009 - The HBI Association (HBIA) Board of Directors approved the nomination of Kurt Stalberg to serve as vice president and a member of the Executive Committee at its recent meeting in Milan, Italy, prior to the HBIA Annual General Meeting [more ...] Mon 26 Oct 2009 08:20:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=279 [Steelonthenet.com] Brussels, Belgium; 23 Oct 2009 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 107 million metric tons (mmt) in September. This is -0.6% lower than September 2008. World total crude steel production month-on-month has continued to show a steady increase since April 2009 [more ...] Fri 23 Oct 2009 11:10:00 +0100 http://www.eurofer.eu/index.php/eng/News-Publications/Press-Releases/EU-steel-market-stuck-in-slow-motion [Steelonthenet.com] Brussels, Belgium; 22 Oct 2009 - Eurofer's October report on the Economic and Steel Market Outlook 2009-2011 shows that the EU economy most likely turned the corner during the 3rd quarter of 2009. However, the recovery pencilled in for the coming quarters will be slow and is still surrounded by high levels of uncertainty [more ...] Thu 22 Oct 2009 12:35:00 +0100 http://www.nlmksteel.com/StandardPage____1161.aspx [Steelonthenet.com] Lipetsk, Russia; 22 Oct 2009 - NLMK has commissioned the fourth Hot-Dip Galvanizing Line (HDGL-4) with an annual capacity of 300,000 tonnes at the main production site in Lipetsk. The thinner galvanized steel (up to 0.22mm) will allow the Company to expand its product mix. The new process line is designed for the production of wide hot-dip galvanized flats with a thickness ranging from 0.22mm to 0.8mm [more ...] Thu 22 Oct 2009 09:50:00 +0100 http://www.mechel.com/news/article.wbp?article-id=CA6772A4-3E1D-40C7-9C0E-22704C1DFCA5 [Steelonthenet.com] Moscow, Russia; 21 Oct 2009 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it has completed placement of non-convertible interest-bearing documentary bonds of 05 series with total value of 5 billion rubles Mechel completed placement of its secured non-convertible interest-bearing documentary bonds [more ...] Wed 21 Oct 2009 13:15:00 +0100 http://www.steelonthenet.com/commerce/profiles/polish_steel.html [Steelonthenet.com] London, UK; 20 Oct 2009 - Steel consultants MCI have just released a new report about the Polish steel industry. Describing both supply and demand for steel, the report addresses recent mill ownership history, current industry structure, present capacities, production and capacity utilisation, environmental issues, and productivity; as well as steel demand levels, demand segmentation and future steel consumption. The authors also outline an industry SWOT analysis and discuss some of the key management challenges ahead [more ...] Tue 20 Oct 2009 14:30:00 +0100 http://www.northlandresourcesinc.com/s/NewsReleases.asp?ReportID=367199 [Steelonthenet.com] Lulea, Sweden; 13 Oct 2009 - In response to better than expected iron concentrate market conditions, Northland Resources Inc. (Northland) has reorganized its senior management to expedite the development of its key projects in Sweden and Finland [more ...] Tue 13 Oct 2009 16:50:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=275 [Steelonthenet.com] Beijing, China; 12 Oct 2009 - The World Steel Association (worldsteel) is forecasting that apparent steel use will contract worldwide by - 8.6% to 1,104 mmt in 2009 after declining by -1.4% in 2008. This is an improved figure over the spring forecast issued in April 2009 which predicted a decrease of - 14.1%. The improvement is largely due to the exceptionally strong growth in steel demand in China. With signs, from the beginning of the second half of 2009, of a recovery across the world now apparent, global steel demand in 2010 is forecast to grow by 9.2% to 1,206 mmt which is a recovery to the level of 2008 [more ...] Mon 12 Oct 2009 09:25:00 +0100 http://www.ruukki.com/www/news.nsf/HeadlinesPublicEng/01AAEFE25C1D7566C225764A001EB4C8 [Steelonthenet.com] Helsinki, Finland; 09 Oct 2009 - Ruukki has signed a contract to deliver and install the steel structures for a bridge over the Kyronsalmi strait in Savonlinna, Finland. The bridge is part of the highway 14 development project. Ruukki's customer in the project is YIT Construction [more ...] Fri 09 Oct 2009 08:48:00 +0100 http://www.worldstainless.org/News/Media+releases/Stainless+steel+production+for+first+half+of+2009+down.htm [Steelonthenet.com] Brussels, Belgium; 22 Sep 2009 - Preliminary figures released by the International Stainless Steel Forum (ISSF) show that stainless steel crude steel production decreased in the first half of 2009 by 26.7% compared to the same period of 2008. Total production for the first six months of 2009 was 10.8 million metric tons (mmt). All major regions showed lower production volumes in the first half year 2009. Only China reported an increased production volume during the period [more ...] Tue 22 Sep 2009 10:20:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=274 [Steelonthenet.com] Brussels, Belgium; 21 Sep 2009 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 106.5 million metric tons (mmt) in August. This is -5.5% lower than August 2008. World crude steel production has continued to show a steady increase since April 2009 [more ...] Mon 21 Sep 2009 16:27:00 +0100 http://www.ruukki.com/www/news.nsf/HeadlinesPublicEng/02EFF4F8157FF3C8C2257635002F3197 [Steelonthenet.com] Helsinki, Finland; 18 Sep 2009 - Ruukki is supplying the steel frame and Ikea-blue sandwich panels for Ikea's new home furnishings superstore currently under construction in Tampere. The store will be the first steel-framed Ikea in Finland. Ruukki's delivery includes frame design, manufacture and installation, as well as panel deliveries and design of the cladding elements. The order is worth almost EUR 2 million [more ...] Fri 18 Sep 2009 10:25:00 +0100 http://www.metinvest.com/eng/press-centr/press-relizi/predpriatia--metalloinvesta--s/ [Steelonthenet.com] Moscow, Russia; 17 Sep 2009 - Ural Steel (a subsidiary of Metalloinvest holding) created over 400 working places within a joint program with employment center of Novotroitsk. The program is aimed at two categories of population: graduates of vocational schools and unemployed. Ural Steel arranges quite a number of working places for young specialists and has already engaged for training [more ...] Thu 17 Sep 2009 12:10:00 +0100 http://www.mechel.com/news/article.wbp?article-id=6ADAAEFD-5E53-4C5E-B8E2-29CE9C83DC5C [Steelonthenet.com] Beloretsk, Russia; 11 Sep 2009 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces commissioning of the new production line for cold-deformed reinforcement wire held today at its Beloretsk Metallurgical plant (BMP) subsidiary [more ...] Fri 11 Sep 2009 14:41:00 +0100 http://www.steelonthenet.com/pdf/data_m_sheet_metal_20-Aug-09.pdf [Steelonthenet.com] Grevenbroich, Germany; 20 Aug 2009 - data M has been renamed, and the reason is rather simple: During more than two decades the company has changed a lot, and so has a great part of its business activity. The former company name [more ...] Thu 20 Aug 2009 19:09:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=273 [Steelonthenet.com] Brussels, Belgium; 20 Aug 2009 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 103.9 million metric tons (mmt) in July. Although this is -11.1% lower than July 2008 production, it is the highest monthly production figure this year [more ...] Thu 20 Aug 2009 13:21:00 +0100 http://www.steelonthenet.com/files/slovakia_steel_mills_19-Aug-09.doc [Steelonthenet.com] Kosice, Slovakia; 19 Aug 2009 - Slovakia Steel Mills, a.s. (SSM) is currently building a new steel and rolling mill in Strazske, Slovak Republic. The construction continues in accordance to the announced Project Schedule. More intensive personnel hiring is planned towards the end of 2009. SSM has invested [more ...] Wed 19 Aug 2009 21:47:00 +0100 http://www.timken.com/en-us/about/NewsRoom/Stories/Pages/TimkenForgesAgreementlSealsinIndia.aspx [Steelonthenet.com] Bangalore, India; 11 Aug 2009 - The Timken Company announced that Timken India Ltd has signed a marketing agreement with India's Spareage Seals Limited, which will allow Timken to offer Spareage's complete range of oil seals to customers and distributors throughout India [more ...] Tue 11 Aug 2009 19:06:00 +0100 http://www.mechel.com/news/article.wbp?article-id=FB2AA551-3ACE-4811-B302-BD94593DA341 [Steelonthenet.com] Moscow, Russia; 10 Aug 2009 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the Memorandum of Cooperation signing with Mitsui & Co. Corporation. On August 6, 2009 the meeting between the heads of both of the companies took place in Moscow office of Mechel [more ...] Mon 10 Aug 2009 14:25:00 +0100 http://www.steelonthenet.com/pdf/MCI_news_30-Jul-09.pdf [Steelonthenet.com] London, UK; 30 Jul 2009 - Metals Consulting International Limited [MCI], the UK-based metal sector consultancy, is pleased to announce that it has been admitted as a Member of the Institute of Business Consulting [IBC]. The steel consulting unit of MCI is now a Recognised Practice at the IBC [more ...] Thu 30 Jul 2009 09:45:30 +0100 http://www.steeldynamics.com/index.php?menu_id=23&news_id=254 [Steelonthenet.com] Fort Wayne, Indiana, USA; 22 Jul 2009 - Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced a loss of $0.08 per diluted share for the second quarter of 2009. This was a narrower loss than was expected in mid-June due to a change in the company's estimated annual income tax rate, which reduced the second quarter net loss by $0.02 per diluted share. Net losses for the second quarter of 2009 were $16 million, compared to a net loss of $88 million, or $0.48 per diluted share, in the first quarter of 2009 and net income of $210 million, or $1.05 per diluted share, in the second quarter of 2008 [more ...] Wed 22 Jul 2009 08:15:00 +0100 http://www.mechel.com/news/article.wbp?article-id=C7D05FCD-5F44-409B-93C3-0E0CD9B7855F [Steelonthenet.com] Moscow, Russia; 20 Jul 2009 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces successful closing of the deal for refinancing its short-term credit facilities totaling 2.6 billion US dollars raised to purchase assets in Yakutia and Oriel Resources Ltd [more ...] Mon 20 Jul 2009 10:35:00 +0100