AMM Awards: 2012 Steel Excellence Finalists

May 29, 2012 | 04:42 PM |

Tags  AMM Awards for Steel Excellence, China Beijing International Mining Exchange, Carpenter Technology, Majestic Steel, Olympic Steel, ArcelorMittal Dofasco, ArcelorMittal USA Burns Harbor, ArcelorMittal USA Indiana Harbor Superior Tube

What constitutes ‘excellence’ in steel? American Metal Market answers that question as we present the finalists for our third annual Awards for Steel Excellence.  A panel of industry experts nominated a total of 24 organizations and three individuals in 10 different categories (note: those finalists marked Editors’ Choice were added by AMM staff).  A prestigious panel of judges will choose the winner in each category before we announce the final results at a June 19 ceremony during our Steel Success Strategies XXVII Conference June 18-20 in New York.

BEST INNOVATION:

China Beijing International Mining Exchange

Current iron ore pricing indexes cannot reflect the market in an objective and authentic manner, according to Beijing-based China Beijing International Mining Exchange Co. Ltd., because the method for data collection and index formation is not transparent. The China Iron Ore Spot Trading Platform was launched in January by the China Iron and Steel Association, the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters and the China Beijing International Mining Exchange. The platform creates a direct channel for suppliers and consumers, promotes a discovery mechanism of reasonable and transparent iron ore prices, and provides fast and convenient services to participants.

Carpenter Technology

A phased array inspection system for bar and coil alloys was designed at Wyomissing, Pa.-based Carpenter Technology Corp. to increase product throughput and improve quality. The company’s goal was to develop an innovative inspection system that would enable it to quickly and accurately test its bar and coil products, identify defects and automatically sort material based on the test results with a minimal amount of handling. The system had to have the versatility to inspect hundreds of sizes of material and measure that material against hundreds of different customer specifications. Carpenter began testing the use of phased array immersion ultrasonic inspections nearly 10 years ago. The new system has increased throughput five- to sevenfold, and has a perfect customer track record for error-proofing.....