Turkey-based steel producer Karabük Demir Celik (Kardemir) has announced that it has signed a credit facility with Germany's KfW IPEX Bank to finance the foreign expenses regarding its special bar quality (SBQ) rolling mill investment. ...
Tags: steel producer, rolling mill
German plantmaker SMS Meer has announced that it has received an order from Turkey-based steel producer Karabük Demir Celik (Kardemir) for the supply of a special bar quality (SBQ) rolling mill for the production of surface-quenched ...
Tags: plantmaker, steel producer, SBQ Mill
Tampa, Florida-based Gerdau Long Steel North America announced this week that Guilherme Gerdau Johannpeter, president of Gerdau Long Steel North America, is being promoted to executive vice president and will join Gerdau's Executive ...
Tags: steel, Metallurgy, Mineral
German plantmaker SMS Meer has announced that it will supply a semi-continuous billet mill for Formosa Ha Tinh Steel, the new integrated steel plant Taiwan-based Formosa Group is building in Ha Tinh Province, Vietnam. The produced billets ...
Tags: Formosa Ha, Billet Mill, plantmaker
Nucor Corporation announced Tuesday guidance for its fourth quarter ending December 31, 2013. Nucor expects fourth quarter results to be in the range of $0.35 to $0.40 per diluted share.This range represents a decrease from both third ...
Republic Steel announced Tuesday that it has initiated hot commissioning of its new electric arc furnace (EAF) in Lorain, Ohio. The initial heats will be cast into 6-inch x 6-inch billets and will be rolled on the 9/10-inch rolling mill, ...
Tags: Republic Steel, launch, heat, Lorian EAF
Global steelmaker ArcelorMittal has announced that its Argentina-based unit ArcelorMittal Acindar will invest $100 million in a new rolling mill in Santa Fe province, Argentina. The rolling mill with an annual production capacity of ...
Tags: Metallurgy, Mineral, Energy, Rebar Mill
Nucor Corporation announced Thursday consolidated net earnings of $147.6 million, or $0.46 per diluted share, for the third quarter of 2013, compared to net earnings of $85.1 million, or $0.27 per diluted share, in the second quarter of ...
Tags: Metallurgy, Mineral, Energy
On Tuesday, the US Department of Labor's Occupation Safety and Health Administration (OSHA) said that Ohio-based SBQ producer Republic Steel was cited for 24 safety violations carrying fines of $1,138,500. Fifteen willful violations of ...
Tags: Republic Steel, Safety Violations
Canton, Ohio-based special bar quality (SBQ) steel producer Republic Steel said late Monday that it experienced a failure at the transformer that supplies power to the #7 Furnace in the Canton, Ohio melt shop on Friday, August 2, 2013. ...
Tags: Republic Steel, Ohio Plant
Ashland, Kentucky-based KES Acquisition Company d/b/a Kentucky Electric Steel (KES), a value-added manufacturer of Special Bar Quality (SBQ) and Merchant Bar Quality (MBQ) steel bar products and wholly-owned subsidiary of Optima Specialty ...
Tags: merchant bar, longs, USA, North America, investments, steelmaking, San Diego
Reportedly, Bulgarian Stomana Industry of Greece Sidenor Group, announced to sign an agreement with Japanese special steel maker Daido Steel in order to develop its special bar quality (SBQ) existing business. However, the company planned ...
Tags: Stomana, Daido Steel, SBQ
Switzerland-based plantmaker SMS Concast has announced that it will supply a 150-ton electric arc furnace (EAF) and process equipment for the US-based steelmaker Republic Steel, to be installed at its Lorain, Ohio plant. The new electric ...
Tags: Steel, plantmaker, SMS Concast
During the speakers' forum at the Port of Tampa 24th Annual Steel Conference on March 1, Patrick McCormick, Managing Partner with World Steel Dynamics, explained that in recent years, scrap demand has been relatively flat--and during ...
Tags: Steel Conference, Steel, scrap prices
New York-based ALJ Regional Holdings, Inc. said Thrusday that its Board of Directors has appointed Jess Ravich to serve as Executive Chairman of ALJ. As Executive Chairman, Ravich will serve as both Chairman of the Board and an officer of ...
Tags: Specialty Steel, Steel, Steel Industry