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Latest News:
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GE and Manufacturing Institute Expand Skills Training Program for U.S. Veterans May 23, 2013 - GE, in collaboration with the Manufacturing Institute and the National Association of Manufacturers, announced that 190 new manufacturers have joined the Get Skills to Work (GSTW) coalition. The increase of employers participating in the initiative will further expand career opportunities for U.S. veterans in advanced manufacturing.
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Tata Steel Reports Consolidated Financial Results May 23, 2013 - As it reported its quarterly earnings results, Tata Steel says severely depressed conditions in Europe are expected to continue over the short-to-medium term and have led to a downward revision of cash flow expectations and the valuation of the Groups’ European operations.
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AISI Applauds Presidential Executive Order on Infrastructure May 22, 2013 - The American Iron and Steel Institute (AISI) sent a letter to President Obama applauding his recent signing of Presidential Memorandum implementing Executive Order 13604 to expedite the approval process for infrastructure projects in the U.S.
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World Crude Steel Production Up 1.2% in April May 22, 2013 - World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 132 million tonnes in April 2013, an increase of 1.2% compared to April 2012.
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Evraz Returns to Black as Q1 Sales Rise May 22, 2013 - Evraz Highveld Steel and Vanadium reported a return to profitability as it delivered a first quarter profit after suffering significant losses during the first and fourth quarters of 2012.
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New Comprehensive Spray Technology Catalog Available from Spraying Systems Co. May 21, 2013 - A new publication featuring hydraulic spray nozzles and a detailed technical reference section is now available from Spraying Systems Co. Industrial Hydraulic Spray Products Catalog 75 provides educational information on spray technology and technical data on thousands of full cone, flat spray, hollow cone and fine spray nozzles.
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Baosteel to Cut Capacity by 30% in Shanghai May 21, 2013 - Baosteel Group Corp has started piling work for the No. 1 blast furnace of its Guangdong-based Zhanjiang plant, seen as a "key battlefield" as it bids to cut 30% of its capacity in Shanghai.
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Gerdau Expands in Knoxville, Adds 40 Nnew Jobs May 21, 2013 - On Monday, state officials joined representatives from Gerdau to announce they were adding a facility in the WestBridge BusinessPark where workers will take steel rebar manufactured at the current Lonsdale mill and apply finishing services for original equipment manufacturers. The new facility will create approximately 40 new jobs.
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JSW Ispat Reports Rs 159.33 Crore Net Profit in Q4 May 21, 2013 - Helped by deferred tax benefits of Rs 159.33 crore, JSW Ispat Steel, an associate firm of JSW Steel, today reported a standalone net profit of Rs 94.16 crore for the fourth quarter ended March 2013.
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Severstal Q1 Net Profit Falls Almost 90% on Lower Prices May 21, 2013 - Russian steelmaker Severstal's IFRS net profit fell 89.7 percent year-on-year in January-March 2013 to $44 million, the company said on Monday, citing weaker demand and lower realized prices as contributing factors.
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