http://www.steelonthenet.com steel industry rss feed http://www.riotinto.com/media/18435_media_releases_19541.asp [Steelonthenet.com] London, UK; 30 Aug 2010 - Rio Tinto today announced an investment of US$1.6 billion to develop the Hope Downs 4 iron ore project in Western Australia and link with Rio Tinto's existing rail, power and port infrastructure in the Pilbara Mon, 30 Aug 2010 09:45:00 +0100 http://www.nlmksteel.com/StandardPage____1221.aspx [Steelonthenet.com] Lipetsk, Russia; 26 Aug 2010 - The Board of Directors of Novolipetsk Steel, NLMK (LSE: NLMK), the leading Russian steel producer, today recommended an interim dividend in respect of the first six months of 2010 of RUR 0.62 per ordinary share Thu, 26 Aug 2010 13:30:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=305 [Steelonthenet.com] Brussels, Belgium; 20 Aug 2010 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 115 million metric tons (mmt) in July. This is 9.6% higher than July 2009 ... Fri, 20 Aug 2010 13:55:00 +0100 http://www.northlandresourcesinc.com/s/NewsReleases.asp?ReportID=415361 [Steelonthenet.com] Luxembourg; 20 Aug 2010 - Northland Resources S.A. is pleased to announce that the Finnish-Swedish Border River Commission today approved the environmental permit for the Tapuli mine and the Kaunisvaara mill Fri, 20 Aug 2010 13:50:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=303 [Steelonthenet.com] Brussels, Belgium; 20 Jul 2010 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 119 million metric tons (mmt) in June. This is 18% higher than June 2009 ... Tue, 20 Jul 2010 11:40:00 +0100 http://www.steeldynamics.com/index.php?menu_id=23&news_id=281 [Steelonthenet.com] Fort Wayne, Indiana, USA; 19 Jul 2010 - Steel Dynamics, Inc. today announced net income of $49 million for the second quarter of 2010, or $0.22 per diluted share, compared to a net loss of $16 million, or $0.08 per diluted share, for the second quarter of 2009 Mon, 19 Jul 2010 22:15:00 +0100 http://www.timken.com/en-us/about/NewsRoom/Stories/Pages/TimkenAcquisitionExtendProcessIndustries.aspx [Steelonthenet.com] Canton, Ohio; 19 Jul 2010 - The Timken Company today announced it has agreed to acquire the business of QM Bearings and Power Transmission, Incorporated, based in Ferndale, Washington. QM manufactures spherical roller bearing steel ... Mon, 19 Jul 2010 16:10:00 +0100 http://www.mechel.com/news/article.wbp?article-id=0E6651B3-2152-4AF0-B208-EDAC5463C7E0 [Steelonthenet.com] Moscow, Russia; 07 Jul 2010 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces purchase of 100% stake in Turkish steel trading group Ramateks by Mechel Service Global B.V. Wed, 07 Jul 2010 16:15:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=301 [Steelonthenet.com] Brussels, Belgium; 21 Jun 2010 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 124 million metric tons (mmt) in May. This is 29.1% higher than May 2009 Mon, 21 Jun 2010 16:35:00 +0100 http://138926545472742732-a-magnetation-com-s-sites.googlegroups.com/a/magnetation.com/magnetation/home/news-room/press-releases/PressReleasebyMagnetation4june2010.pdf [Steelonthenet.com] Nashwauk, Minnesota, USA; 10 Jun 2010 - Magnetation, Inc. is pleased to announce the successful start-up of the Rev3 Separator (TM) (pat.pending), a first-of-its-kind hematite beneficiation technology invented by Magnetation engineers Thu, 10 Jun 2010 15:55:00 +0100 http://www.metinvest.com/eng/press-centr/press-relizi/ypravlausim-direktorom--yral_s/ [Steelonthenet.com] Moscow, Russia; 08 Jun 2010 - Nazim Efendiev was appointed Managing Director of Ural Steel (subdivision of Metalloinvest Holding). He assumes office July 8, 2010 ... Tue, 08 Jun 2010 10:10:00 +0100 http://www.eurofer.eu/index.php/eng/News-Publications/Press-Releases/EU-climate-change-policy-back-to-realism [Steelonthenet.com] Brussels, Belgium; 26 May 2010 - European steel industry relieved by Commission decision not to propose Unilateral EU move to -30% in GHG reductions Wed, 26 May 2010 15:50:00 +0100 http://www.nucor.com/investor/news/releases/?rid=1431045 [Steelonthenet.com] Charlotte, N.C., USA; 25 May 2010 - Nucor Corporation announced today that the Louisiana Department of Environmental Quality has issued an air quality permit, marking a major milestone on the road to constructing a major greenfield facility in St. James Parish Tue, 25 May 2010 21:50:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=300 [Steelonthenet.com] Brussels, Belgium; 20 May 2010 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 122 million metric tons (mmt) in April. This is 35.7% higher than April 2009 Thu, 20 May 2010 12:50:00 +0100 http://www.worldstainless.org/News/Media+releases/Q1+2010+Stainless+Production+returns+to+historical+levels.htm [Steelonthenet.com] Brussels, Belgium; 17 May 2010 - Just under 7.5 mmt of stainless steel was produced during the first quarter of 2010, almost the highest ever volume for the first three months of a year. All areas of the world contributed to the increase Mon, 17 May 2010 22:00:00 +0100 http://www.eurofer.eu/index.php/eng/News-Publications/Press-Releases/EU-industry-opposes-proposal-to-increase-EU-climate-change-target-unilaterally-to-30 [Steelonthenet.com] Brussels, Belgium; 06 May 2010 - The European Alliance of Energy Intensive Industries vigorously opposes any further unilateral increase of the EU climate change objectives beyond -20% by 2020 Thu, 06 May 2010 20:10:00 +0100 http://www.mmk.ru/eng/press/news/article.wbp?article-id=43CED79B-AC10-1016-0182-9E6F1A5F201E [Steelonthenet.com] Magnitogorsk, Russia; 28 Apr 2010 - The results reflect MMK (parent company) operations only and may vary significantly from the consolidated financial results under IAS Wed 28 Apr 2010 23:00:00 +0100 http://www.eurofer.org/index.php/eng/News-Publications/Press-Releases/Economic-Steel-Market-Outlook-2010-2011 [Steelonthenet.com] Brussels, Belgium; 26 Apr 2010 - EUROFER's Quarter 2-2010 report on the Economic and Steel Market Outlook 2010-2011 confirms that the EU steel market started 2010 on a positive note Mon 26 Apr 2010 20:00:00 +0100 http://www.steelonthenet.com/pdf/Eurofer_22-Apr-10.pdf [Steelonthenet.com] Brussels, Belgium; 22 Apr 2010 - Poorly implemented climate policy, raw materials prices and protectionism jeopardize steel value chain in Europe Thu 22 Apr 2010 14:50:00 +0100 http://www.steelonthenet.com/files/CTI_22-Apr-10.doc [Steelonthenet.com] Rotherham, UK; 22 Apr 2010 - Purchasers of castings can specify and assess surface quality and surface texture more accurately and definitively using tactile comparators developed by Castings Technology International Thu 22 Apr 2010 11:45:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=295 [Steelonthenet.com] Brussels, Belgium; 20 Apr 2010 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 120 million metric tons (mmt) in March. This is 30.6% higher than March 2009 Tue 20 Apr 2010 17:50:00 +0100 http://www.ruukki.com/www/news.nsf/HeadlinesPublicEng/9F4B27D6FEA2535DC2257705003000C3 [Steelonthenet.com] Helsinki, Finland; 14 Apr 2010 - Ruukki actively develops high-strength steels based on customer needs. The Bauma 2010 trade fair in Munich this spring will see the launch of Optim 700 MC Plus, a high-strength structural steel with improved cold-forming properties. The impact strength of the steel also clearly exceeds standard requirements and the impact strength of other steels on the market Wed 14 Apr 2010 17:15:00 +0100 http://www.mechel.com/news/article.wbp?article-id=571039FD-19E7-41B1-ACCE-5724588A020F [Steelonthenet.com] Moscow, Russia; 05 Apr 2010 - Mechel OAO, one of the leading Russian mining and metals companies, announces coking coal concentrate trading start at St. Petersburg international raw material and commodity exchange Mon 05 Apr 2010 22:30:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=292 [Steelonthenet.com] Brussels, Belgium; 01 Apr 2010 - The steel industry today expressed renewed concern at the inevitable consequences of imposed pricing settlements and possible abuse of dominant positions by the main iron ore suppliers Thu 01 Apr 2010 09:35:00 +0100 http://www.eurofer.be/index.php/eng/News-Publications/Press-Releases/Eurofer-notifies-Commission-on-possible-anti-Competitive [Steelonthenet.com] Brussels, Belgium; 31 Mar 2010 - Today Eurofer formally notified the European Commission about possible anti-competitive practices and abuse of dominant position by the main iron ore suppliers. Strong indications of illicit coordination of prices increases and pricing models and pressure on individual steel producers to accept these changes indicate in Eurofer's view that the EU competition rules, notably art. 101 and art. 102 may have been breached Wed 31 Mar 2010 11:20:00 +0100 http://www.mmk.ru/eng/press/news/article.wbp?article-id=ADB42CDC-AC10-1016-006F-A9FCE0A75A96 [Steelonthenet.com] Magnitogorsk, Russia; 30 Mar 2010 - The results reflect MMK (parent company) operations only and may vary significantly from the consolidated financial results under IAS Tue 30 Mar 2010 22:00:00 +0100 http://www.worldstainless.org/News/Media+releases/Stainless+production+drops+in+2009+but+results+better+than+expected.htm [Steelonthenet.com] Brussels, Belgium; 23 Mar 2010 - The International Stainless Steel Forum (ISSF) has released preliminary stainless crude steel production figures which show that 24.6 million metric tons (mmt) of stainless was produced during 2009. This is a decline of 5.2% on 2008 Tue 23 Mar 2010 20:00:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=291 [Steelonthenet.com] Brussels, Belgium; 22 Mar 2010 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 108 million metric tons (mmt) in February. This is 24.2% higher than February 2009 Mon 22 Mar 2010 15:40:00 +0100 http://www.nlmksteel.com/StandardPage____1195.aspx [Steelonthenet.com] Lipetsk, Russia; 16 Mar 2010 - NLMK Steel resumed upgrading activities at Continuous Reheating Furnace No.3 used for bringing billets to forging temperature before hot-rolling. The capacity of the furnace is 320 ton of slab per hour. The project was launched in 2007 but had to be suspended due to the crisis Tue 16 Mar 2010 14:20:00 +0100 http://www.steelonthenet.com/pdf/Eurofer_11-Mar-10.pdf [Steelonthenet.com] Brussels, Belgium; 11 Mar 2010 - The European steel industry is outraged at the announcement by the iron ore industry to massively increase iron ore prices ... Thu 11 Mar 2010 12:40:00 +0100 http://www.nlmksteel.com/StandardPage____1193.aspx [Steelonthenet.com] Lipetsk, Russia; 05 Mar 2010 - Novolipetsk Steel, a leading Russian steel company, is pleased to announce that its Board of Directors has approved a decision to launch the ruble corporate bond program series 01-06 with a maturity of 10 years. The total value of the program is RUR50 billion. The Board has also approved the decision to issue the bonds and the Prospectus of 01-06 series bond emission Fri 05 Mar 2010 14:55:00 +0100 http://www.nucor.com/investor/news/releases/?rid=1396984 [Steelonthenet.com] Charlotte, N.C., USA; 01 Mar 2010 - Nucor Corporation announced today that its wholly owned subsidiary, The David J. Joseph Company ('DJJ'), has acquired the assets and business of Ocala Recycling LLC, currently a subsidiary of Blaze Metals LLC. Mon 01 Mar 2010 17:50:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=289 [Steelonthenet.com] Brussels, Belgium; 22 Feb 2010 - World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 109 million metric tons (mmt) in January. This is 25.5% higher than January 2009 Mon 22 Feb 2010 18:00:00 +0100 http://www.bluescopesteel.com/news/bluescope-steel-expects-small-profit-for-full-year-2010?WT.mc_id=hr0910a [Steelonthenet.com] Melbourne, Australia; 15 Feb 2010 - BlueScope Steel today announced a reported Net Loss After Tax (NLAT) of A$28 million for the first half FY2010 (following on from a $473 million loss in 2H FY2009). The Company expects a small profit for the full year [more ...] Mon 15 Feb 2010 11:10:00 +0100 http://www.ruukki.com/www/news.nsf/HeadlinesPublicEng/089B34665959D2F5C22576C8002997E2 [Steelonthenet.com] Helsinki, Finland; 12 Feb 2010 - Ruukki is to invest in a new paint shop and packaging-dispatch department to serve engineering customers at the Jaszbereny plant in Hungary. The plant makes booms, heavy frames and other welded components for the lifting, handling and transportation equipment industry and for equipment manufacturers in the energy industry [more ...] Fri 12 Feb 2010 09:00:00 +0100 http://www.worldsteel.org/?action=newsdetail&id=288 [Steelonthenet.com] Brussels, Belgium; 10 Feb 2010 - The World Steel Association (worldsteel) announced today that it has joined the United Nations Environmental Programme (UNEP) Life Cycle Initiative (LC Ini) as a Gold Sponsor. Life Cycle Analysis (LCA) is used for the systematic evaluation of the environmental impact of a product or material and its carbon footprinting [more ...] Wed 10 Feb 2010 13:00:00 +0100 http://www.eurofer.org/index.php/eng/News-Publications/Press-Releases/EU-steel-market-first-green-shoots-of-recovery [Steelonthenet.com] London, UK; 04 Feb 2010 - EUROFER's quarter 1-2010 report on the Economic and Steel Market Outlook 2010-2011 signals that economic momentum in the EU economy should gradually gain further strength this year. Progress will be slow and surrounded by uncertainties; however, the risks are now much more balanced than a year ago [more ...] Thu 04 Feb 2010 12:25:00 +0100 http://www.steelonthenet.com/SBQ [Steelonthenet.com] London, UK; 02 Feb 2010 - Volume recovery in West European engineering steel markets (or SBQ steel), where demand collapse has been close to 50% since 2007, is expected to be slow according to a new report published by steel experts MCI [more ...] Tue 02 Feb 2010 15:25:00 +0100 http://www.eurofer.eu/index.php/eng/News-Publications/Press-Releases/European-Commission-opens-cartel-investigation-against-joint-venture-of-BHP-Billiton-and-Rio-Tinto [Steelonthenet.com] Brussels, Belgium; 25 Jan 2010 - The European Commission today announced to open an investigation according to Article 101 of the Treaty on the Functioning of the European Union (TFEU) on the impact on the common market by the proposed joint venture between mining companies BHP Billiton and Rio Tinto [more ...] Mon 25 Jan 2010 13:30:00 +0100