Steel

Russia's Severstal sells U.S. steel plants to AK Steel, Steel Dynamics

8:48 am U.S. ET | July 21, 2014
Russia's Severstal said it agreed to sell its two steel plants in the United States for $2.3 billion, withdrawing from the market at a time of rising tension between Russia and the West and turning its focus to its domestic business....
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Steel supplier Industrias missing out on Mexico's car boom

8:13 am U.S. ET | July 15, 2014
Industrias, Mexico's biggest maker of specialized steel used in car engines, is missing out on a surge in automobile production as competitors' increased output has lowered prices....
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Poll: Raw materials costs to rise

12:01 am U.S. ET | June 16, 2014
Prices of raw materials, after several years of stability, may be due for moderate increases....
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Kobe Steel, Toyota Tsusho explore joint aluminum output in U.S.

9:05 am U.S. ET | May 26, 2014
Kobe Steel and Toyota Tsusho, aiming to tap growing demand for aluminum vehicles, are in talks to set up a joint venture to make the lightweight sheetmetal in the United States....
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Stamping bottleneck squeezes boron-steel supply

12:01 am U.S. ET | May 19, 2014
Faced with increasingly tough federal collision standards, automakers are turning to boron steel -- which is six times stronger than conventional steel -- to reinforce the body-in-white without adding pounds....
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Severstal said to be weighing offers for U.S. steel plants

1:42 pm U.S. ET | May 14, 2014
OAO Severstal, the Russian steelmaker controlled by billionaire Alexey Mordashov, said it is considering “a range of strategic options” for its North American unit amid reports the business may be sold....
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Severstal shifting to high-strength steel products to counter aluminum threat

Feb. 28, 2014 06:01 CET
Steelmaker Severstal North American plans to move into new high-strength steel products to counter the growing threat from aluminum in light-vehicle manufacturing....
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Severstal shifting to high-strength steel products to counter aluminum threat

2:40 pm U.S. ET | Feb. 27, 2014
Steelmaker Severstal North American plans to move into new high-strength steel products to counter the growing threat from aluminum in light-vehicle manufacturing....
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After F-150 defeat, steel makers plan comeback

7:03 pm U.S. ET | Jan. 31, 2014
The steel industry suffered a blow when Ford said last month that the body of its next F-150 pickup would be made of aluminum instead of steel. Now, one steel supplier says “the steel industry has failed” and might have prevented the switch by investing in the capacity to produce more lightweight, high-strength steel....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Turkey's Inci aims to be top 100 supplier by 2023

Dec. 5, 2013 06:01 CET
Turkish conglomerate Inci Holding aims to be one of the world's top 100 automotive suppliers by 2023 with sales of $2 billion, up from the equivalent of $496 million in turnover last year....
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Ford shares patents with minority suppliers

12:01 am U.S. ET | Nov. 29, 2013
The owner of a small tooling supplier in suburban Detroit wants to play a big role in the auto industry's high-stakes shift from steel to aluminum. He just needs time....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Steel makers add lighter alternatives to maintain dominance in vehicle production

Nov. 21, 2013 06:01 CET
Steel makers are offering lighter, more durable products to maintain their dominance against aluminum and plastics producers as the preferred raw material used in vehicle production....
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Steel makers roll out lighter, tougher products

12:01 am U.S. ET | Nov. 11, 2013
Steel makers say they are offering lighter, more durable products to maintain steel's dominance as the preferred raw material for vehicle production....
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Severstal NA replaces most top execs to reflect steelmaker's shift in priorities

10:02 am U.S. ET | Oct. 4, 2013
The North American unit of Russian steelmaker OAO Severstal, which owns the steel plant at Ford's famed Rouge manufacturing complex, has replaced nearly all of its senior management this year in an attempt to create "profitable, sustainable growth," the unit's new CEO says....
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Auto industry steels itself for 'conflict minerals' rule

10:09 am U.S. ET | Sept. 24, 2013
After years of education and preparation, the automotive industry has begun to identify whether certain metals from nine African countries exist in the supply chain. New federal regulations require public companies to disclose whether they use "conflict minerals" -- tin, tungsten, tantalum and gold -- from the Democratic Republic of Congo and eight other African countries that are said to fund violence....
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ThyssenKrupp denies report on possible sale of automotive unit

Sept. 23, 2013 06:01 CET
German steelmaker ThyssenKrupp has described a magazine report that says it's preparing to sell its automotive division as ''nonsense.''...
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Toyota to raise steel prices for suppliers by 12%, report says

7:49 am U.S. ET | Aug. 22, 2013
Toyota will increase the price of steel it sells to suppliers by 12 percent in the second half of this fiscal year, three people familiar with the matter told Bloomberg, lifting a benchmark used in the country's auto industry....
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Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
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