China’s steel output rose
In August China’s steel output rose, shrugging off government-ordered shutdowns and increasing concerns that excess production in the world’s biggest supplier is swelling a global glut, as Bloomberg.com reports. Output of crude steel…
Management changes for United Steel Co.
United States Steel Corporation announced tweak management at its European and North American operating facilities. Scott Buckiso will succeed George Babcoke, who served the company for 39 years, as the vice president of European Solutions…
The rise of US steel imports
As steel imports to the USA are increasing, the US industry calls for Washington to take action against international competitors.That action may include a possible anti-dumping complaint. The CEOs of major US steel…
New hiring plans for ArcelorMittal
One thousand jobs planned for ArcelorMittal over three years. The company plans to hire new workers over the next three years to replace retiring baby boomers. For Tony Valeri, the company’s vice-president of…
Brazil steel industry emissions doubled
As a result of UN backed measures to cut reliance on coal Carbon emissions from Brazil’s steel industry have doubled. The UN’s Clean Development Mechanism provides a financial reward to industries that replace…
Iran steel industry got $5bn investment
Iran’s steel industry obtained $5 billion investment to develop three great projects, Deputy of Industry, Mine and Trade Ministry announced. The three great projects have been planned to increase capacity for the industry….
Indonesia to facilitate investments in raw materials for manufacturing industry
Indonesia’s Investment Coordinating Board (BKPM) will push investments that are focused on developing the raw materials needed in petrochemical, pharmaceutical and steel industries to boost the country’s manufacturing industry. Himawan Hariyoga, the deputy…
Good start for steel industry in 2015
Year 2014 has been a turbulent year for global equity markets, but 2015 started on a good note. Growth was finally getting back on track. It looked like the US was set to…
First hth27.11 in the steel industry
The purchasing by Franchini Acciai Spa of the machine HTH 27.11 is a big goal for Magni TH. Franchini Acciai is a company in the field of steel forging for various applications, like…
Steel industry faces changes of automotive industry
Steel industry fights back against automakers’ growing use of aluminum. The contest is heating up this fall as Ford begins producing the new 2015 F-150 pickup, America’s best selling vehicle and the first…
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