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Latest News:
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Posco ICT Makes Progress on Overseas Projects
Jan. 6, 2012 - Posco ICT has successfully secured about 180 billion won in overseas orders, including recent project orders worth 120 billion won to build a plant automation system at a CSP steel mill in Brazil.
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Essar Steel Completes Capacity Expansion at Hazira
Jan. 5, 2012 - Essar Steel has completed its expansion of its Hazira complex, doubling the facility’s annual capacity to 10 million tonnes and making it the largest single-location flat steel producer in India.
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Kobe Steel to Form Aluminum Joint Venture in China
Jan. 4, 2012 - Kobe Steel and Jiangsu ALCHA Aluminium Co., Ltd. recently signed a letter of intent to establish a joint venture in Baotou, Inner Mongolia, to produce and sell aluminum coil and sheet. Both companies plan to sign the final agreement in spring 2012.
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Emirates Steel Commissions Heavy Section Mill
Jan. 3, 2012 - Emirates Steel succeeded in rolling out the first beams, marking the start of the hot commissioning of the first Heavy Section Mill in the Middle East and North Africa region.
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Ruukki Joins United Nations Global Compact
Dec. 30, 2011 - Ruukki recently joined the United Nations Global Compact, a strategic policy initiative for businesses that are committed to enhance good corporate citizenship.
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China Steel Announces New President, Management Changes
Dec. 30, 2011 - The 14th Board of Directors of China Steel Corp., Taiwan, approved a number of management changes during its recent meeting, starting with the promotion of Vice President of Production Jyh-Yuh Sung to the position of President.
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Production Starts at Bahru Stainless
Dec. 29, 2011 - Bahru Stainless recently started up its factory in Johor Bahru, Malaysia, successfully processing its first coil in the annealing and pickling line AP1 on December 12.
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SAIL, Kobe Steel to Form JV for ITmk3® Project Study
Dec. 29, 2011 - Steel Authority of India Limited and Kobe Steel, Ltd. have agreed to establish a joint venture company to carry out a detailed feasibility study for a commercial ITmk3® ironmaking plant in India. The plant, which would be constructed at SAIL's Alloy Steels Plant in Durgapur in West Bengal, would have the capacity to produce 500,000 tonnes of iron nuggets per year.
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Sumitomo Metals Subsidiaries to Merge on January 1
Dec. 28, 2011 - Sumitomo Metal Industries Ltd. has signed a merger agreement with its wholly owned subsidiaries, Sumitomo Metals (Kokura), Ltd., and Sumitomo Metals (Naoetsu), Ltd. to merge operations on January 1, 2012, with Sumitomo Metals continuing as the surviving company.
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Outokumpu Supplies Quarto Plate for Nuclear Fusion Research
Dec. 23, 2011 - Outokumpu has won a tender to supply 350 tonnes of quarto plates for a fusion experiment project in Japan called JT-60SA. The stainless steel plates, made out of low cobalt 304, will be used in the cylindrical section of the cryostat, which is the hull surrounding the main components of the Tokamak reactor.
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Mechel Launches Coke Battery #5 at Mechel-Coke
Dec. 22, 2011 - Mechel-Coke OOO has launched the reconstructed coke-oven battery #5, with all of its eight coke-oven batteries now operational. The battery’s annual capacity is 470,000 tonnes of coke, triple the unit’s capacity before it was halted for reconstruction.
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Hitachi Metals, Gloria Material to Discuss Tie-up
Dec. 21, 2011 - Hitachi Metals, Ltd. and Gloria Material Technology Corp. (GMTC) will commence discussions focusing on cooperation in production, sales, technology, and investment regarding high-grade specialty steel, and the acquisition of a portion of stocks in GMTC by Hitachi Metals.
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November World Crude Steel Production Slips from Previous Month
Dec. 21, 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 115.51 million tonnes for November 2011, 6.8% lower than the 123.98 million tonnes reported for the previous month (October 2011) and 1.1% higher in comparison with November 2010.
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voestalpine Re-Streamlines Group Structure
Dec. 20, 2011 - The voestalpine AG Supervisory Board announced plans to implement changes to its structure and Management Board, including the merger of its Automotive and Profilform divisions to form a single division.
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Posco E&C to Construct Steel Mill for CSP
Dec. 20, 2011 - Companhia Siderúrgica do Pecém (CSP) and Posco Engineering & Construction (E&C) have signed a contract for Posco E&C to engineer, supply equipment for, construct, and commission the CSP steel mill in Ceará state. Start-up is estimated for the first half of 2015.
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Tata Steel Completes 100 Years of Production with A-F Blast Furnace
Dec. 19, 2011 - Tata Steel celebrated this week the completion of 100 years of production for its A-F Blast Furnace at the company’s plant in Jamshedpur. The plant is to reach an annual capacity of 10 million tonnes in a few months when it commissions its ‘I’ Blast Furnace.
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SMS Siemag Starts up X-Melt Steelworks, X-Cast Caster for Maghreb Steel
Dec. 16, 2011 - SMS Siemag successfully put into operation an X-Melt® electric steelmaking plant and an X-Cast® slab caster at Maghreb Steel in Morocco. The facilities are designed for an annual production of 1 million tonnes of steel and will supply the Steckel rolling mill and the heavy-plate mill with input stock.
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Magnitogorsk Announces New Appointment at MMK Metalurji
Dec. 15, 2011 - MMK Metalurji, part of the MMK Group, announced the appointment of Sergei Sulimov as Acting General Director, and the return of Yury Bodyayev, General Director of MMK Metalurji, to his previous position as Director of Production at MMK.
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Washing Confirms High Quality of Elga Coking Coal
Dec. 15, 2011 - Mechel OAO announced that a sample lot of about 4000 tonnes of Elga’s coking coal was washed at Southern Kuzbass Coal’s Sibir plant. The concentrate has qualities that rate the Elga deposit with high-value grades of coking coals.
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Japan Fair Trade Commission Okays Integration of Nippon Steel and Sumitomo Metals
Dec. 15, 2011 - Nippon Steel Corp. and Sumitomo Metal Industries, Ltd. have received from the Japan Fair Trade Commission a “Notification to the Effect that a Cease and Desist Order will not be Issued,” meaning the business integration of the two companies has been approved. The integration is scheduled to be fully executed on October 1, 2012.
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Posco Hot Rolling Strengthens Ties with Nippon Steel
Dec. 14, 2011 - Posco Pohang and Gwang-yang Works’ hot rolling departments recently hosted a technology exchange event with Nippon Steel Corp. to discuss ideas and experiences related to cost reduction, accident prevention, and improving product quality.
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EVRAZ plc to be Included in FTSE 100 Index
Dec. 13, 2011 - EVRAZ plc announced that it has now been included in the FTSE 100 Index of the UK’s leading public companies, making it the only steel and mining company in the UK FTSE All-Share Index.
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Severstal to Accumulate 100% of Putu Iron Ore Project in Liberia
Dec. 13, 2011 - OAO Severstal’s indirect subsidiary Lybica Holdings B.V. has entered into a legally binding heads of terms agreement with Afferro Mining Inc. and its wholly owned subsidiary Mano River Iron Ore Holdings Ltd. for the purchase of 38.5% interest in the Putu Iron Ore Project. Severstal currently holds the remaining 61.5% interest in Putu.
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Siemens to Supply Secondary Refining, Casting Plant to BMZ
Dec. 13, 2011 - Siemens VAI Metals Technologies has received an order from Byelorussian Steelworks (BMZ) to equip the factory in Zhlobin with secondary metallurgical plants and a new six-strand continuous billet casting plant. The project is to be completed in early 2013.
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Kobe Steel to Make Capital Investments at Three Steelworks
Dec. 12, 2011 - Kobe Steel, Ltd. plans to make capital investments of approximately 36 billion yen to enhance the hot-metal treatment capacity at its Kakogawa Works and Kobe Works and the heat-treatment capacity for steel plate at the Kakogawa Works.
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Sumitomo Metals Introduces New Technology in Corporate R&D Labs
Dec. 9, 2011 - Sumitomo Metal Industries, Ltd. opened the research and laboratory building at its Corporate Research & Development Laboratories in Amagasaki, Hyogo Prefecture, installing cutting-edge ultrahigh resolution electron microscopes among other technology.
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Power on at Posco CGL Line in Maharashtra
Dec. 9, 2011 - Posco Maharashtra held a ceremony on Nov. 23 to bring power on line for the CGL plant, construction of which involved the installation of 14 steel towers and a cable network located 4 km from the plant.
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EVRAZ Consolidates European Steel Business
Dec. 9, 2011 - EVRAZ plc and EVRAZ Group S.A. intend to create EVRAZ Europe, a company that will consolidate all of its European assets including EVRAZ Vitkovice Steel a.s. (Czech Republic) and EVRAZ Palini e Bertoli Spa (Italy). The new company will be led by Dmitrij Scuka, who is appointed CEO starting January 2, 2012.
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ArcelorMittal Comments on 24-Hour Work Stoppages
Dec. 8, 2011 - Willie Smit, Management Committee Member and Executive Vice President, Head of Human Resources for ArcelorMittal Group, offered a statement on the European strikes, noting that the 24-hour production stoppage is limited to the four long carbon plants in Luxembourg and two flat carbon plants in Liege, Belgium, and Florange, France.
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ArcelorMittal Ostrava to Offer Voluntary Departure to Employees
Dec. 8, 2011 - ArcelorMittal Ostrava says it will not give any notices to its employees, despite the European steel industry’s struggles with overproduction against low demand. Rather, the company is going to offer “generous conditions” to those who decide to leave by themselves.
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Changes at the top of SMS Siemag AG, SMS Holding GmbH
Dec. 7, 2011 - The SMS Group announced the planned retirement of Dr. Kay Mayland, President and CEO of SMS Siemag AG and Member of the SMS Holding GmbH Managing Board, on December 31, 2011, when his contract expires.
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JSW Steel Orders another Continuous Slab Caster from Siemens VAI
Dec. 7, 2011 - JSW Steel has ordered another new continuous slab caster from Siemens VAI Metals Technologies for its steelworks in Toranagallu, Karnataka State, India. The new caster will have an annual production capacity of 1.4 million tonnes and is expected to be commissioned in mid-2013.
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NLMK to Cut Sinter Plant Dust Emissions with Upgrade
Dec. 5, 2011 - NLMK is revamping the central dust collection systems at sintering machines Nos. 3 & 4 at Lipetsk. A new type of electrostatic precipitator by Alstom Power is expected to significantly reduce residual dust content in exhaust air.
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Tata Steel to Mothball Llanwern Hot Strip Mill
Dec. 5, 2011 - Tata Steel has temporarily mothballed the hot strip mill at its Llanwern site in Newport, South Wales, effective immediately. The company expects the facility to remain mothballed until the UK economy and steel demand justify a restart.
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ThyssenKrupp Achieves Growth Targets in Fiscal Year 2010/11
Dec. 5, 2011 - ThyssenKrupp's order intake increased by 22% from €41.250 billion to €50.247 billion in the past fiscal year, and the Group’s sales rose by 15% from €42.621 billion to €49.092 billion. Demand was strong for flat carbon steel, components for the auto industry, and in naval shipbuilding.
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WorldAutoSteel Calls for Consideration of LCA in Vehicle Regulations
Dec. 2, 2011 - WorldAutoSteel urges all regions to shift the basis of vehicle emissions regulations from tailpipe emissions to life cycle assessment (LCA), which considers emissions from all aspects of a vehicle’s life. The association lauded recent U.S. rulemaking that seeks input concerning the use of LCA.
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TMS Expands Coverage in Belgium, South Africa
Dec. 2, 2011 - TMS International Corp. has secured three new mill services contracts, varying between seven and nine years, for a variety of outsourced services at steel mills in Genk, Belgium; Vanderbijlpark, South Africa; and Saldanha, South Africa.
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Vallourec to Build Premium Threading Facility in Youngstown
Dec. 1, 2011 - Vallourec announced the advancement of two projects to strengthen its positioning to serve the OCTG markets of North America and the Middle East. In North America, the company will construct a new premium threading facility in Youngstown, Ohio, through its subsidiary VAM USA LLC. In Saudi Arabia, Vallourec recently completed the acquisition of Zamil Pipes.
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Posco Signs MOU with Google
Nov. 30, 2011 - Posco recently signed a memorandum of understanding with Google for the exchange of core capabilities. Posco plans to implement POSPIA 3.0, a future-oriented management system, by utilizing Google’s advanced IT and solutions in areas such as facilities, distribution, environment and energy, and safety.
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Linde to Manage Gas Supply System for Hebei Puyang Iron and Steel
Nov. 30, 2011 - Under the terms of this on-site agreement, Linde acquires the Wu'an steelworks' seven existing air separation units (ASUs) and pipeline network, and will operate and modernize them to incorporate the latest technical developments. Linde also will build a new ASU on site.
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Mechel, BelAZ Sign Agreement for Long-Term Partnership
Nov. 29, 2011 - The long-term partnership agreement provides for supplies of BelAZ-produced mining dump trucks to Mechel’s enterprises, supplies of spare parts for those trucks, setting up production of cargo platforms for BelAZ mining dump trucks at Mechel’s plants, and certification of a Mechel subsidiary as one of BelAZ’s service centers in the Russian Federation.
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Krakatau Posco Organizes CSR Activities
Nov. 29, 2011 - Krakatau Posco, a joint venture between Posco and Indonesia’s largest state-owned steelmaker, Krakatau Steel, recently held corporate social responsibility activities in the Kubangsari region of Cilegon City.
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Baosteel, Tianjin Sign Cold-Rolled Sheet Design Contract
Nov. 29, 2011 - According to the recently signed contract, Baosteel Engineering will design for Tianjin Metallurgical No.1 Steel Group a cold-rolled sheet deep-processing setup, including a set of 1550 cold-rolling lines with 1.7 million tonnes of output.
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Vale Reorganizes Management Structure
Nov. 28, 2011 - Vale’s Board of Directors has approved a new structure for the company’s Executive Board based on a management model aligned more closely to the business units, with well-defined roles and accountabilities.
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MMK to Acquire 100% of Flinders Mines Limited
Nov. 28, 2011 - Magnitogorsk Iron and Steel Works OJSC has executed a Scheme Implementation Agreement for the acquisition of 100% of the issued shares in Flinders Mines Limited by MMK at A$0.30 cash per share.
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SMS Siemag to Supply two Annealing Lines for Panzhihua
Nov. 28, 2011 - Panzhihua Iron and Steel Group has placed an order with SMS Siemag for two continuous annealing lines for the company’s new works in Xichang, Sichuan province. The lines will process in excess of 1.7 million tonnes of high-quality steel strips per year for the automotive and electrical appliances industries.
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Severstal Continues Work on Balakovo Long Product Mini-mill
Nov. 28, 2011 - OAO Severstal has invested approximately $350 million to date in the construction of a new long product mini-mill at Balakovo, a next-generation metallurgical mini-mill scheduled to be commissioned in the second quarter of 2013.
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SAIL, ICVL Pursue Coal Mining in Virginia
Nov. 25, 2011 - SAIL recently met with a high-level delegation from the Commonwealth of Virginia at Ispat Bhavan as part of its ongoing efforts to ensure raw material security and forge alliances for new markets.
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SMS Meer to Supply Forging Line to Dongfeng Nissan
Nov. 25, 2011 - Dongfeng Nissan Passenger Vehicle Company has placed an order with SMS Meer for a wedge press with forging roll for the company’s new forging works in China. The plant will enable Dongfeng Nissan to produce various con rod sizes for passenger cars flexibly and fully automatically in a minimum of time.
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Posco Holds Tech Day at European Automakers’ Headquarters
Nov. 22, 2011 - Posco Tech Days were recently held at the headquarters of European automakers Renault and Fiat, at which the steel maker introduced its global network and steel technology as well as its contribution to environmental protection.
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World Crude Steel Production Rebounds Slightly in October
Nov. 22, 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 123.98 million tonnes for October 2011, 0.3% higher than the 123.57 million tonnes reported for the previous month (September 2011) and 6.2% higher in comparison with October 2010.
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ArcelorMittal Invests at Industeel Facility in Charleroi
Nov. 21, 2011 - ArcelorMittal recently inaugurated a new facility of Industeel Belgium that will have a production capacity of 100,000 tonnes of special plates for oil & gas, mining, and other industries. The production lines have been running at full capacity since May 2011.
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John Deere Wins Swedish Steel Prize 2011
Nov. 21, 2011 - This year’s Swedish Steel Prize goes to manufacturer Deere & Co. (John Deere) for its use of high-strength steels in combines that harvest crops more efficiently while meeting stringent engine emissions requirements.
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Posco Executives Donate 1% of Income
Nov. 16, 2011 - The executives of Posco and its family companies have begun donating 1% of their income to the Community Chest of Korea for social welfare at the end of each month to support bilingual education programs.
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Severstal, NMDC Set Framework for Joint Project in India
Nov. 15, 2011 - Severstal and NMDC executives recently met in Moscow to discuss progress in establishing their joint project in Karnataka, India. The companies signed the Implementation Framework, elaborating upon the Memorandum of Understanding dated December 2010.
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Ilafa is Now Alacero
Nov. 15, 2011 - Ilafa is now the Latin American Steel Association (Alacero). The new brand aims to integrate the value chain of steel and reflects the innovation and sustainability that are characteristic of this industry.
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ArcelorMittal Honored as Top Company for Leaders
Nov. 14, 2011 - ArcelorMittal was recently named to Aon Hewitt's European list of “Top Companies for Leaders,” a comprehensive study of organizational leadership, as a first-time entrant to the survey.
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Outotec Recognized for Corporate Responsibility Reporting
Nov. 11, 2011 - Outotec published its first corporate responsibility report, Outotec Sustainability Report 2010, this year, and the company received an honorary mention for it in a competition evaluating the corporate responsibility reporting of Finnish companies.
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Continuous Homogenizing and Sawing Plant from Hertwich is Commissioned
Nov. 11, 2011 - Hertwich Engineering successfully commissioned a continuous homogenizing and sawing plant at Fonderie Pandolfo in Maniago, Italy. With the new billet production line Pandolfo produces the billets for its own extrusion plant and for sales, and processes the extrusion scrap within the plant.
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Sumitomo Metals Receives Awards from Japan Institute of Metals
Nov. 10, 2011 - Sumitomo Metal Industries, Sumitomo Metals (Kokura), and Sumitomo Metals (Naoetsu) recently received the 34th Technical Development Award from the Japan Institute of Metals for the development of the low-carbon non-leaded free cutting steel “Smigreen CS” and for development of fine-precipitates dispersed stainless steel sheet “NAR-301L HSX.”
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NLMK Idles Blast Furnace for Repairs
Nov. 10, 2011 - Responding to media allegations, the NLMK Group this week reported the idling of one of its blast furnaces for planned repairs at its Blast Furnace Shop No. 1.
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voestalpine AG Names New Press Spokesman
Nov. 9, 2011 - voestalpine AG announced the appointment of Peter Felsbach as the Group’s new press spokesman, serving as the Group's central contact for national and international media.
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Ruukki to Supply Steel Structure in Lipetsk Region
Nov. 9, 2011 - Rautaruukki has signed a contract with the Russian company Terwingo to design and deliver the steel frame and roof structures for a special steel wire production plant to be built in the Lipetsk region of Russia.
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Siemens Introduces New Quick-Exchange Pinch-Roll Cassette
Nov. 9, 2011 - Siemens VAI Metals Technologies offers hot-strip mill operators a new method for changing the pinch rolls in downcoilers. The pinch-roll unit, designed as a quick-exchange cassette, can reportedly be replaced within 10 minutes without additional interruption of production.
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Posco, Gorenje Sign Long-Term Supply Agreement
Nov. 8, 2011 - Posco recently signed a long-term supply agreement with home appliance maker Gorenje in Velenje, Slovenia. The agreement will allow Posco to set up a bridgehead in Europe for stable home appliance steel sales.
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voestalpine, Austrian Ski Association Cooperate on New Structure
Nov. 7, 2011 - voestalpine and the ÖSV recently presented the result of their cooperation in honor of the FIS Alpine World Ski Championships 2013 in Schladming: a steel structure called voestalpine skygate erected in the finish arena of the Planai stadium.
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Sumitomo Metals Receives “Best Partner Award” from Panasonic
Nov. 4, 2011 - The Sumitomo Metals Group received the Best Partner Award, the highest of its kind, at the recent Panasonic Excellent Partners Meeting. The Group also received the Gold Award and the Bronze Award for ECO-VC (Value Creation) Initiatives.
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POS-InfraAuto Conducts Groundbreaking Ceremony
Nov. 4, 2011 - POS-InfraAuto, a joint venture among Posco-CSPC, Korean Fine Blanking manufacturer MR-InfraAuto, Dongkuk Industries, and SK Networks established in the Huaqiao Business Park in Kunshan, jiangsu of China, held a groundbreaking ceremony on Oct. 31.
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Tata Steel to Begin Commissioning Stocksbridge Furnaces
Nov. 3, 2011 - Trials are due to begin by the end of 2011 on new equipment at Tata Steel’s Stocksbridge steelworks in South Yorkshire in the UK following a £6.5 million investment program to increase production of aerospace steels. Engineers are currently carrying out the final installation work.
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SAIL Launches Vigilance Awareness Week
Nov. 2, 2011 - Steel Authority of India Ltd. inaugurated Vigilance Awareness Week 2011, to be observed from October 31 to November 5, by pledging "to bring about integrity and transparency, and eradication of corruption in all spheres of life."
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Posco Develops Heat-Radiating Steel Plates for LED TVs
Nov. 1, 2011 - Posco has developed a surface-prepared steel sheet coated at a thickness of one-fiftieth of a strand of hair, with excellent heat radiation performance, to be used as an internal panel material for LED TVs.
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ArcelorMittal Orbit Becomes UK's Tallest Sculpture
Oct. 31, 2011 - The ArcelorMittal Orbit, a sculpture and public viewing platform designed by Anish Kapoor and Cecil Balmond for the London 2012 Olympic and Paralympic Park, reached its full height of 114.5 m, marking the completion of the main steelwork.
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ThyssenKrupp Steel Europe to Fund Young Researchers
Oct. 27, 2011 - ThyssenKrupp Steel Europe AG will fund a group of young researchers from Ruhr University Bochum starting January 1, 2012. The computer scientists and mathematicians will carry out research jointly with the Interdisciplinary Centre for Advanced Materials Simulation over a period of six years.
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ArcelorMittal Accepts PEAMCoal Offer
Oct. 26, 2011 - ArcelorMittal provided notice to Peabody Energy that following its acceptance of PEAMCoal Pty Ltd.’s offer for Macarthur Coal Ltd., it has terminated the Co-Operation and Contribution Agreement between the two companies. ArcelorMittal will remain a shareholder in PEAMCoal until the termination arrangements are completed in approximately 90 days.
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The sixth steeluniversity Challenge is Set to Begin
Oct. 25, 2011 - The sixth steeluniversity Challenge, which is ready to launch on November 15, will consist of two rounds—regional and global—and two categories—Student and Industry. Winners will compete for the title of World Champion at the World Steel Association in Brussels in February 2012.
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ArcelorMittal Ostrava Completes Installation of Deduster System
Oct. 25, 2011 - ArcelorMittal Ostrava has completed the installation of a new deduster system at its sinter plant three months before the scheduled date. The investment will cut dust emissions from the Sinter Plant North to less than 20 mg/m3 (from the present 50 mg/m3).
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Peabody and ArcelorMittal Obtain Majority Interest in Macarthur Coal
Oct. 25, 2011 - Peabody Energy and ArcelorMittal have obtained majority control of Macarthur Coal Ltd. following acceptances under PEAMCoal Pty Ltd.’s takeover bid in respect of more than 50.01% of the Macarthur shares. PEAMCoal will proceed to appoint representatives to the Macarthur Board.
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Ruukki Works to Minimize Impact of Strike on Deliveries
Oct. 24, 2011 - Ruukki reports that members of the Finnish Metalworkers’ Union, Finnish Electrical Workers’ Union and the trade union Pro went on strike last Friday, October 21, following a breakdown in collective bargaining negotiations between the unions and the Federation of Finnish Technology Industries.
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September World Crude Steel Production Dips Slightly vs. August
Oct. 24, 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 123.57 million tonnes for September 2011, 0.8% lower than the 124.59 million tonnes reported for the previous month (August 2011) and 9.7% higher in comparison with September 2010.
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Outokumpu Streamlines Organization, Plans Job Reductions
Oct. 21, 2011 - Outokumpu has stated its target is to reduce costs by EUR 100 million by the end of 2012 and working capital by EUR 250 million by mid-2013. Planned measures include restructuring in all Outokumpu units and functions, reducing the number of production shifts at Avesta, Nyby, and Kloster, as well as outsourcing of some support functions.
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Tata Steel Plans Further Investments at South Yorkshire
Oct. 21, 2011 - Tata Steel is investing an additional £4.5 million in its South Yorkshire operations to improve plant reliability and energy efficiency, reduce CO2 emissions, and boost production of high-value steel products.
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2nd Steelies Awards Winners Announced
Oct. 19, 2011 - At the farewell dinner to close the 45th annual steel industry conference in Paris, the World Steel Association (worldsteel) hosted its second Steel Awards ceremony. The trophies, known as Steelies, were awarded in seven categories.
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Siemens Expands EAF Volume, Productivity for Çolakoglu Metalurji A.S.
Oct. 19, 2011 - Turkish steel producer Çolakoğlu Metalurji A.S. recently granted Siemens VAI Metals Technologies the final acceptance certificate for its modernization of EAF No. 1 in the Gebze Plant. The upgrade allowed the producer to boost EAF overall productivity by 12% without any change in tapping weight.
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Air Liquide to Supply New Air Separation Units for Posco E&C
Oct. 18, 2011 - Air Liquide signed a contract with Posco E&C, the Engineering and Construction division of Posco, to design and build two large air separation units, each of which will have an oxygen production capacity of 3750 tonnes per day.
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Severstal to Reduce Emissions at Cherepovets Steel Mill
Oct. 18, 2011 - ОАО Severstal launched a major environmental project aimed at reducing atmospheric emissions at the Cherepovets Steel Mill. It signed an agreement with Siemens VAI Metals Technologies to supply and install a sophisticated system for capturing emissions from plant converters, to be installed over the next four years.
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OAO Severstal to Supply Rolled Metal for New Kia Rio
Oct. 17, 2011 - ОАО Severstal has begun to supply rolled metal for making a front roof panel for the new Kia Rio model. It previously had reached an agreement for the Hyundai Solaris sedan and hatchback. Through nine months of 2011, Severstal has delivered more than 4500 tonnes of rolled metal to the Hyundai plant in St. Petersburg.
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WorldAutoSteel Calls for Shift in Vehicle Regulations
Oct. 17, 2011 - WorldAutoSteel believes that the basis of vehicle emissions regulations should be shifted from tailpipe emissions to a total life cycle assessment (LCA), which considers emissions from all aspects of a vehicle’s life, from material production to end-of-life-recycling.
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Essar Steel India Commissions Corex Module
Oct. 14, 2011 - Essar Steel has successfully commissioned a Corex module, with a capacity of 0.87 million tonnes per annum (MTPA), as part of its expansion program for increasing steel production capacity from 4.6 to 10 MTPA at its Hazira complex.
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Ford Specialists Inspect Production at MMK
Oct. 13, 2011 - A team from the Ford Motor Co. conducted an independent audit at Magnitogorsk Iron & Steel Works to evaluate the process of rolled products manufacturing. The audit involved almost every division of the plant, including the oxygen converter, the color-coating line, as well as mills No. 5, 10, and 11.
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JSW Steel to Form JV with Marubeni-Itochu Steel
Oct. 13, 2011 - JSW Steel Ltd. and Marubeni-Itochu Steel Inc. (MISI) have signed a joint venture agreement to establish a state-of-the-art steel processing center in North India, under the name JSW MI Steel Service Center Private Ltd.
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NLMK Launches New Converter at Lipetsk
Oct. 13, 2011 - NLMK has put a new 300-tonne converter into operation at the company’s main production site in Lipetsk as part of the company’s multi-year Technical Upgrade Program
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SSAB Announces 2011 Swedish Steel Prize Finalists
Oct. 12, 2011 - Four finalists have been nominated for the Swedish Steel Prize, instituted by SSAB in 1999 for the best design in high-strength steel. The jury has selected innovations for agriculture and occupational safety, along with an arena construction project.
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Tata Steel Prepares for Growing Wind Turbine Jacket Demand
Oct. 12, 2011 - Tata Steel is investing £2 million in its Hartlepool tube works and has forged a supply deal with German steel tube producer Eisenbau Krämer (EBK) to increase its product and service offering to the offshore renewable energy sector.
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Outokumpu OSTP to Implement Initial Steps in Turnaround Plan
Oct. 12, 2011 - OSTP, Outokumpu’s tubular products joint venture with Tubinoxia, recently started up operations. The company will also implement a new corporate strategy focused on production of process pipes and butt-weld fittings, consolidation of existing operations, and reduction of costs by streamlining the organization.
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MMK Announces New Appointments at Interkos-IV
Oct. 11, 2011 - Interkos-IV, part of the MMK Group, announced the appointment of Roman Gan as the company’s new Chief Executive, and Timur Shoshtaev as Adviser to the Chief Executive.
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Rautaruukki Revises 2011 Earnings Guidance
Oct. 10, 2011 - Declining mill deliveries in the steel business and a reduced capacity utilization rate for the rest of the year have prompted Ruukki to lower its estimate for year-on-year sales growth to 15-20% from the previous estimate of 25%.
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Commercial Metals Company Announces Restructuring Actions
Oct. 10, 2011 - Commercial Metals has announced a number of restructuring actions, including the closure or sale of its CMC Sisak mill in Croatia, additional workforce reductions, closure of five rebar fabricating locations, and rationalization of eight construction services locations.
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Posco-Vietnam Hosts Employee Family Day
Oct. 7, 2011 - Posco-Vietnam recently hosted the first “Family Day” event of the year for its employees and their families. The company plans to organize the special event every month until the end of the year.
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ThyssenKrupp Stahl-Service-Center Earns EN ISO 14001 Certification
Oct. 7, 2011 - This past summer TÜV NORD conducted the first official environmental audit at ThyssenKrupp Stahl-Service-Center’s new Krefeld site and its Radebeul branch near Dresden, which have been awarded the EN ISO 14001 certification for their environmental management system.
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Evraz Stops Negotiations on Sale of Raspadskaya Stake
Oct. 7, 2011 - Evraz Group S.A. announces that high market volatility has prompted the company to discontinue its ongoing negotiations on the potential sale of its 40% indirect equity stake in Russian coal producer OAO Raspadskaya.
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SAIL VISL Unit Sets Goal for Enhanced Market Share
Oct. 6, 2011 - Visvesvaraya Iron and Steel Plant (VISL), a unit of Maharatna Steel Authority of India Ltd. (SAIL), is targeting about a 9% share in the Alloys and Special Steels' market in the coming years.
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Tata Steel and Dutch Government Sign Green Deal
Oct. 6, 2011 - Tata Steel signed a new agreement with the Government in the Netherlands committing Tata Steel’s IJmuiden plant to further improvements in its sustainability performance. The three Green Deal projects will be carried out in IJmuiden’s blast furnaces, steel meltshop, and wide hot strip mill.
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Rautaruukki to Enlarge its Corporate Executive Board
Oct. 3, 2011 - Ruukki has announced plans to enlarge its Corporate Executive Board in an effort to strengthen its market position by heightening the effectiveness of management decision-making and the implementation of those decisions.
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Posco Invites Local Students to Tour KOBRASCO
Oct. 3, 2011 - The Posco office in Rio invited 20 students and teachers from a Korean international school to the KOBRASCO premises in Vitoria, Esprito Santos. The visitors toured Tubarao, the world’s largest pelletizing complex, as well as the museums of Vale.
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Posco Expands Benefit Sharing with Small, Medium Businesses
Sep. 29, 2011 - Posco is expanding its benefit sharing system to fulfill its goals of mutual growth with small- to medium-sized businesses in Korea. Posco expects the benefit-sharing pay to surpass KRW30 billion by the end of the year, compared to KRW16.9 billion being paid out in 2010.
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ArcelorMittal Commences Iron Ore Production in Liberia
Sep. 28, 2011 - ArcelorMittal held a launch event this week to celebrate the commencement of commercial iron ore production from its mining operations in Liberia. The company aims to ship four million tonnes of iron ore from Liberia each year beginning in 2012.
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SAIL Chairman Says Company is Poised for Growth
Sep. 26, 2011 - C.S. Verma, Chairman of Maharatna Steel Authority of India Limited (SAIL), believes that the Indian steel industry is poised for greater growth. As a result, SAIL plans to continue its focus on capacity addition.
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Siemens Receives Third Finex Order from Posco
Sep. 26, 2011 - Siemens VAI Metals Technologies received an order from Posco Engineering & Construction for the engineering and the supply of proprietary equipment for a Finex 2.0M plant, which is scheduled for completion in mid-2013.
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Outokumpu Signs Final Agreement with Tubinoxia on Tubular JV
Sep. 26, 2011 - Outokumpu and Tubinoxia, an Italian company controlled by Andrea Gatti, have signed the agreement on the joint venture (JV) for Outokumpu's tubular unit (OSTP). Tubinoxia will become a minority owner of OSTP with an option to become a majority owner in three years.
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Siemens VAI to Upgrade Badische Stahlwerke Wire Rod Rolling Line
Sep. 23, 2011 - Badische Stahlwerke GmbH, at Kehl, Germany, has selected Siemens VAI to modernize the automation system of the two-strand wire rod mill, and to install two new rod outlets. The project will be carried out in three phases from 2011 to 2014 during scheduled annual shutdowns.
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Vale Starts up Tecnored Demonstration Plant
Sep. 22, 2011 - Tecnored Desenvolvimento Tecnológico S.A., a Vale company, in partnership with Brazil's development bank, BNDES, and Logos Tecnocom, has started up the first pig iron demonstration plant that does not use traditional blast furnace methods, in Pindamonhangaba, São Paulo state.
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Siemens Delivers EAF Equipment to NLMK's Kaluga Minimill
Sep. 22, 2011 - VAI Siemens has delivered a complete set of equipment for the EAF Shop at NLMK’s Kaluga Minimill, which is currently under construction. The electric-arc furnace, ladle furnace, and 8-strand continuous casting machine are currently being assembled at the plant.
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August 2011 World Crude Steel Production Dips 2.3% vs. July
Sep. 21, 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 124.59 million tonnes for August 2011, 2.3% lower than the 127.48 million tonnes reported for the previous month (July 2011) and 9.8% higher in comparison with August 2010.
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Life Cycle Assessment Highlights Steel’s Role in Reducing Vehicle Emissions
Sep. 19, 2011 - The director of WorldAutoSteel recently presented the results of a global steel industry initiative, FutureSteelVehicle, developed by EDAG and supported by investors of the Steel Market Development Institute, highlighting the importance of life cycle assessment to fully understanding and reducing vehicle emissions.
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Construction Milestones Met at ArcelorMittal Jubail
Sep. 19, 2011 - ArcelorMittal has achieved some important milestones in the construction of its seamless tubular products mill located in the Kingdom of Saudi Arabia in Jubail, including more than six million hours worked on site without any lost time injuries as of August 2011.
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NLMK Starts Hot Testing of New RH degasser
Sep. 19, 2011 - Novolipetsk has started hot tests at its new 4 million tonne/year RH vacuum degasser. The new degasser, part of NLMK's Technical Upgrading Program, is being implemented together with SMS Mevac.
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MMK Consolidates Ownership of Turkish Project
Sep. 16, 2011 - OJSC Magnitogorsk Iron and Steel Works announced the completion of its acquisition of 50% minus one share of MMK-Atakas, Turkey, allowing it to consolidate a 100% stake in the company, which has now been renamed to MMK METALÜRJİ SANAYİ TİCARET VE LİMAN İŞLETMECİLİĞİ A. Ş.
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ArcelorMittal Kryviy Rih Upgrades Electric Substations
Sep. 15, 2011 - PJSC ArcelorMittal Kryviy Rih has implemented new filter-compensating devices at electric substations No. 8 and 18 that will help to ensure more stable operation of electric equipment at all units of the company.
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NLMK Prepares to Launch New BOF
Sep. 15, 2011 - NLMK has started up a new 300 million tonne/year BOF at Novolipetsk, which will help to boost the Lipetsk plant’s annual steelmaking capacity 36% to 12.4 million tonnes.
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ArcelorMittal Poland Earns Badge of Merit
Sep. 14, 2011 - ArcelorMittal Poland has been awarded “Golden Badge of Merit for the Development of Silesia Province” in recognition of the company’s contribution to the economic, cultural and social development of the Silesia Province.
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Tata Steel, Caterpillar Collaborate for Supply Chain Gains
Sep. 14, 2011 - Tata Steel and Caterpillar Steel Products are under consideration for Caterpillar’s prestigious Annual Quality Improvement (AQI) award for their supply chain project supporting the manufacture of Trackshoe Longbar product.
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Outotec to Supply Iron Ore Pelletizing Plant for NLMK Novolipetsk
Sep. 13, 2011 - NLMK Novolipetsk Metallurgisk Kombinat has contracted Outotec for delivery of a large-scale iron ore pelletizing plant in Stary Oskol that will be the largest iron ore pelletizing plant in Russia producing roughly 6 million tonnes of pellets annually.
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SAIL Rolls out R&D Master Plan
Sep. 13, 2011 - SAIL’s master plan for R&D targets production of CR-GO electrical steels, development of alternative ironmaking technologies, endless strip production, carbon dioxide reduction and capture, and the design of compact steel plants.
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ThyssenKrupp Honored for Innovative Headquarters
Sep. 12, 2011 - ThyssenKrupp AG’s new headquarters in Essen, which opened in the summer of 2010 after a three-year construction period, has been honored as a “Selected Landmark 2011” in the German innovation competition “365 Landmarks in the Land of Ideas.”
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China Steel Sumikin Vietnam JSC Holds Groundbreaking Ceremony
Sep. 12, 2011 - China Steel Sumikin Vietnam Joint Stock Co., a joint venture of Sumitomo Metal Industries, Ltd. and China Steel Corp. held its groundbreaking ceremony on September 8th, 2011. The JV business is preparing to start operation in 2013.
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Mechel Announces Record Results at Posiet Port
Sep. 9, 2011 - Mechel OAO announces that its Trade Port Posiet OAO achieved record coal transshipment results in August, following completion of a number of upgrades to the port’s technical support system.
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NLMK Commences Hot Tests at New Cogeneration Plant
Sep. 8, 2011 - NLMK’s new 150-MW Recovery Cogeneration Plant has started receiving and processing BF gas from Blast Furnace No. 7 currently being hot tested. With the new plant, Novolipetsk’s (NLMK’s Lipetsk site) generation capacity will increase by 45% to 482 MW.
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SAIL Strengthens Rural Marketing Plans
Sep. 7, 2011 - SAIL has updated its retail marketing strategy with the aim of ensuring the furthest possible penetration of its branded products SAIL-TMT and SAIL-JYOTI in the country's rural regions.
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ThyssenKrupp Nirosta Unveils Bonding System for Stainless Panels
Sep. 7, 2011 - A new office complex in Hanover became the first in Germany to incorporate stainless steel panels attached to the outer walls of the building using an adhesive bonding system. The panels are made from Nirosta 4404 stainless steel with a special finish.
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SAIL-Led Consortium Awaits News on Hajigak Mining Concessions
Sep. 7, 2011 - The bid submitted by a consortium of Indian steel/mining companies led by Steel Authority of India Ltd. (SAIL) for mining concessions of the Hajigak Iron Ore Mines was among the six bids opened by the Ministry of Mines, Afghanistan. Announcement of Preferred and Reserved Bidders is expected to be made in early October.
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BHP Billiton Donates to UN World Food Program
Sep. 6, 2011 - BHP Billiton announced that it has donated US$500,000 to assist famine affected people in the Horn of Africa. The donation will help to provide food and nutritional assistance to people affected by drought in the region.
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Sumitomo Metals Celebrates Inauguration of VSB Joint Venture
Sep. 6, 2011 - Vallourec & Sumitomo Tubos do Brasil Ltda recently held the inauguration of its new steelworks in Jeceaba, state of Minas Gerais, Brazil, enabling Sumitomo Metals to globally supply its seamless pipe products from two bases, Japan and Brazil.
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SMI Amtek to Install Second Forging Press Line
Sep. 2, 2011 - SMI Amtek Crankshaft Pvt. Ltd, a joint-venture company owned by Sumitomo Metals, Sumitomo, and Amtek Auto, has decided to install a second forging press line in response to rapidly growing demand for crankshafts in India.
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Vallourec Inaugurates Vallourec & Sumitomo Tubos do Brasil
Sep. 2, 2011 - Vallourec inaugurated its new Brazilian steel and tube plant at a ceremony attended by Dilma Rousseff, President of Brazil, and Antonio Anastasia, Governor of the State of Minas Gerais. Production is in the start-up phase.
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Severstal Increases Stake in High River Gold Mines
Aug. 31, 2011 - OAO Severstal subsidiary Nord Gold N.V. acquired 12,065,300 additional common shares of High River Gold Mines Ltd. last week at a price of CAD$1.29 per share in an over-the-counter transaction from a non-Canadian seller.
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Ruukki to Launch Smart Roof that Improves Safety
Aug. 31, 2011 - Technology developed by Ruukki can be incorporated in both new and existing roofs in which load-bearing sheets have been used. Sensors fitted to the roof notice any changes in roof loading.
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Mechel Announces Key Accomplishments at Yakutugol
Aug. 30, 2011 - Mechel OAO has reached full production capacity at the Nerungrinskaya processing plant of Yakutugol Holding Co. OAO. The company also received permission to launch the first stage of the open pit development at the Elga Coal Complex.
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Case Continues on Outokumpu Export Practices to Russia
Aug. 29, 2011 - Outokumpu reports that the State prosecutor has appealed against the recent District Court verdict that dismissed all charges pressed against Outokumpu and five of its employees for alleged money laundering.
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Metinvest Presents Second Social Report
Aug. 29, 2011 - Metinvest presented its Social Report as of 2009-2010, prepared in accordance with В+ level of the international Global Reporting Initiative standard, and the principles of the UN Global Compact.
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OAO Severstal Reports Second Quarter Results
Aug. 29, 2011 - OAO Severstal announced net profit of $602 million on revenue of $4,383 million for the second quarter, and net profit of $1,122 million on revenue of $8,110 million for the six months ended June 30, 2011.
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Posco to Host Technology Expo for European Automakers
Aug. 26, 2011 - Posco announced plans to hold technology expositions for European automakers in November. The expositions will help to showcase the company’s steel technology and environmental activities, and to provide detailed information on auto material products and technology services.
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SSC to Establish New Coil Center in Iwate Prefecture
Aug. 26, 2011 - SSC Co., Ltd. will acquire a new plant site in Iwate Prefecture to build a new coil center and establish a steel sheet processing base that improves delivery times, reduces transportation costs, and stabilizes supply of steel sheet to component makers.
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SAIL Launches New Rural Dealership Scheme
Aug. 25, 2011 - Maharatna Steel Authority of India Ltd. (SAIL) has launched a Rural Dealership Scheme to increase the penetration of its branded products. The plan envisages appointment of more than 1000 “rural dealers” in all states of the country during the current financial year.
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Mechel Launches New Converter at Chelyabinsk
Aug. 24, 2011 - Mechel OAO has launched the new converter #2 in Chelyabinsk Metallurgical Plant’s oxygen-converter shop. Replacement of the converter #2 is the first stage in a reconstruction program for the plant’s oxygen-converter shop.
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BlueScope to Restructure, Exit Export Business
Aug. 24, 2011 - BlueScope Steel has announced a major restructuring of its Australian operations, including a shutdown of No. 6 Blast Furnace at Port Kembla and closure of the Western Port Hot Strip Mill.
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Metinvest’s Krasnodon Coal Defines Safety Enforcement Measures
Aug. 23, 2011 - The Administration of Krasnodon Coal has identified a set of safety enforcement measures above the safety requirements provided for in the current legislation, including additional air cooling, maximum automation of underground location control systems, and additional training.
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NLMK Plans Construction of Pelletizing Plant at Stoilensky
Aug. 23, 2011 - NLMK affiliate Stoilensky has signed a contract for a new pelletizing plant with an annual capacity of 6 million tonnes of iron ore pellets. Equipment, technologies and other services will be provided by a consortium of Siemens VAI and Outotec.
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World Crude Steel Utilization Dips in July 2011
Aug. 23, 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 127.48 million tonnes for July 2011, 0.2% lower than the previous month (June 2011) and 11.5% higher in comparison with July 2010.
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Siemens VAI Forms Mechatronics Business Unit
Aug. 22, 2011 - Siemens VAI Metals Technologies established a new global competence center for mechatronic solutions in Linz, Austria, effective August 1, 2011. The new “Mechatronics” unit will be headed by Werner Obermann and Thomas Pfatschbacher.
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GM Approves Three Baosteel Stainless Steels
Aug. 22, 2011 - General Motors (Shanghai) recently issued a material approval certificate to Baosteel stating that "Baosteel B409M, B439M, B436L stainless steel meets the GM specifications for exhaust system stainless steel...and is allowed application on GM's global product."
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ArcelorMittal Kryviy Rih Breaks Converter Lining Record
Aug. 19, 2011 - The converter shop of PJSC ArcelorMittal Kryviy Rih achieved a record vessel-lining life for converter #5 of 4,070 steel casts implemented during its campaign life from December 4, 2010, to August 15, 2011.
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ArcelorMittal Kryviy Rih Honored for 40-mm Rebar
Aug. 18, 2011 - ArcelorMittal Kryviy Rih’s 40-mm-diameter rebar of А500С class has won the All-Ukrainian competition Best Domestic Good 2011 in the category of steel industry. The rebar is used for construction of earthquake-resistant structures such as bridges, dams, nuclear and hydropower plants.
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SAIL Chairman Urges Completion of ISP Upgrade
Aug. 16, 2011 - The Chairman of Steel Authority of India Ltd (SAIL), C.S. Verma, recently visited IISCO Steel Plant at Burnpur in West Bengal to review progress of its ongoing modernization and expansion program. He urged project officials to expedite the projects that have been delayed due to unforeseen circumstances.
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Siemens to Supply Sinter Plant to Jindal Steel & Power
Aug. 16, 2011 - Jindal Steel & Power Ltd. placed an order with Siemens VAI Metals Technologies to supply a new sinter plant on a process turnkey basis. The project is part of a new integrated steelworks currently under construction in the eastern Indian city of Patratu.
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Tata Steel Reports Q1 Results
Aug. 15, 2011 - Tata Steel Group recorded profit after tax of 5,347 crores (US$1.2 billion) in Q1 FY’12, ended June 30, 2011, almost three times the profit recorded in last year’s first quarter.
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ThyssenKrupp Steel Europe Makes New Appointments to Executive Board
Aug. 12, 2011 - Dr. Herbert Eichelkraut is to join the Executive Board of ThyssenKrupp Steel Europe AG as head of “Metallurgy” effective January 1, 2012, and Dr. Heribert Fischer will become the Executive Board member responsible for the “Rolling and Metallic Coating” directorate effective October 1, 2011.
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Tata Steel Creates Steel Pavilion for Hyde Park Triathlon
Aug. 9, 2011 - A design team from Tata Steel has been working to develop a pioneering spectator sports venue—the Tata Steel Pavilion—for this year’s Dextro Energy Triathlon ITU World Championship. It has been designed using post-tensioned structural steelwork based on Tata Steel’s Celsius© 355 structural hollow section tubular steel products.
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NLMK to Increase Cold-Rolled Steel Production
Aug. 9, 2011 - NLMK has signed a contract with LOI Thermprocess GmbH for 23 bell-type annealing furnaces with an aggregate capacity of 480,000 tonnes per year to anneal low-carbon coils at the Group’s main site in Lipetsk. The new furnaces will replace 30 obsolete ones.
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Rio Tinto and Jindal Steel and Power Agree to Advance HIsmelt
Aug. 8, 2011 - Rio Tinto has signed an MoU with Jindal Steel and Power Ltd. (JSPL) that involves the relocation of the existing Kwinana HIsmelt plant from Australia to India at JSPL's existing facility in Angul, Orissa. JSPL and Rio Tinto will work together to further develop and market the technology.
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Posco-IPPC Operating New Design Center in Pune, India
Aug. 5, 2011 - Posco-IPPC (India Pune Processing Center) has begun to operate an electric transformer design center to provide the highest possible level of customer satisfaction for small- and medium-sized producers of electric transformers.
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Tata Steel to Invest £7 million in Hartlepool
Aug. 5, 2011 - Tata Steel plans to improve productivity and customer service at its Hartlepool site in the U.K. by investing in enhanced welding and material handling capability. Installation and commissioning of a new plant and equipment is scheduled for the first six months of 2012.
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Evraz Increases 2Q 2011 EBITDA Guidance
Aug. 5, 2011 - Evraz Group is increasing its EBITDA guidance for 2Q 2011 to US$875-950 million from a previously announced guidance range of US$750-825 million.
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Gerdau Reports 2nd Quarter Results
Aug. 5, 2011 - Gerdau's consolidated sales volume reached 4.9 million tonnes in the second quarter of 2011, an increase of 12% vs. the 2Q 2010, expanding the company's total net income to R$9 billion, a 9% increase compared to a year ago.
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Tenova Implements New Corporate Structure
Aug. 3, 2011 - Due to strong growth during the past decade, Tenova has decided to implement a new structure, splitting the Group into two divisions: Tenova Iron & Steel and Tenova Mining & Metals.
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Tenova Reaches 100% Ownership In Tenova Multiform
Aug. 3, 2011 - Tenova has reached 100% equity ownership in Tenova Multiform, the joint venture company within the Strip Processing Lines and Cold Rolling Mills business in India, established in 2009.
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Posco Starts Construction on Integrated Steel Mill in Indonesia
Aug. 3, 2011 - Posco has started construction of the main facilities on a new integrated steel mill planned for Cilegon, Indonesia. The project is being executed by a 70:30 joint venture between Posco and Indonesia’s state-run steelmaker, Krakatau Steel.
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SAIL Q1 Sales Increase, Profit Decreases
Aug. 1, 2011 - The unaudited financial results of SAIL for April-June (Q1) of the current financial year showed 19.7% growth in sales turnover compared to the corresponding period last year. Due to a sharp increase in input costs, however, profit after tax was lower by 29%.
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Nippon Steel Invests to Increase Capacity at NBC China
Jul. 29, 2011 - Nippon Steel Corp., together with joint capital subscribers, has decided to increase production capacity and expand the local fabrication setup at Nippon Steel Bar & CH Wire (China) Co., Ltd. (NBC China). Construction of a new integrated plant will increase capacity from 7000 to 42,000 tonnes/year.
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SMS Meer to Upgrade ArcelorMittal Hamburg Wire Rod Mill
Jul. 29, 2011 - ArcelorMittal Hamburg GmbH has placed an order with SMS Meer for the modernization of a two-strand wire rod mill, with an annual capacity of 900,000 tonnes. New cantilever stands will enable higher rolling forces in the future.
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ThyssenKrupp VDM Further Develops Alloy 31 Material
Jul. 28, 2011 - ThyssenKrupp VDM has further developed its tried-and-tested material Alloy 31 and claim to have improved upon its properties. The new Nicrofer 3426 hMo occupies a position between high-alloy nickel materials and stainless steels and is a superaustenitic.
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SMS Siemag Acquires Gesellschaft für aero- und thermodynamische Verfahrenstechnik
Jul. 27, 2011 - Gesellschaft für aero- und thermodynamische Verfahrenstechnik, gatv, a German company specializing in aerodynamic and thermodynamic process engineering, was incorporated into SMS Siemag on July 1. Employees are being integrated as a separate department into the newly created "Thermal Processing Engineering" Division.
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SMS Siemag to Supply Pickling Line/Tandem Cold Mill to JSW Steel
Jul. 27, 2011 - JSW Steel Ltd. has placed an order with SMS Siemag for the supply of a pickling line/tandem cold mill at its location in Toranagallu Vidyanagar (Bellary), India. The mill will have an annual capacity of 2.3 million tonnes of cold strip in widths up to 1890 mm.
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Tata Kids of Steel Triathlons Continue Tour
Jul. 25, 2011 - The Tata Kids of Steel children’s triathlon series has enabled almost 12,000 children to experience triathlon in the U.K. this year. The series, organized by British Triathlon in partnership with Tata Steel, visited 18 locations across the U.K. between May and July.
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Posco Honored by Kyoei Kenzai
Jul. 25, 2011 - The Quality Control Dept. of Posco’s Gwangyang Works recently received a plaque from Kyoei Kenzai, Japan, in appreciation for stable supply and quality excellence.
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Novolipetsk Reduces Environmental Footprint
Jul. 21, 2011 - NLMK has upgraded its aspiration system in the refractory shop at Lipetsk to improve the efficiency of its gas cleaning equipment to the level of best available technologies.
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World Crude Steel Production Dips Slightly in June 2011
Jul. 21, 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 127.75 million tonnes for June 2011, 1.6% lower than the previous month (May 2011) and 8.0% higher in comparison with June 2010.
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Maharashtra Elektrosmelt Merges with SAIL
Jul. 20, 2011 - Maharashtra Elektrosmelt Ltd (MEL), the 99.12% subsidiary of Maharatna Steel Authority of India Ltd (SAIL), has been merged with SAIL. MEL has the capacity to produce about 100,000 tonnes of manganese-based ferro-alloys.
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Metinvest Expands In-House Production of Coking Coal
Jul. 19, 2011 - Metinvest announced plans to increase its in-house production of coking coal, following the commissioning of Affinity Mine, owned by its subsidiary United Coal Co. The planned capacity of this coal mining unit will amount to 1.9 million tonnes of high-quality coking coal.
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MMK Completes Construction of MMK-Atakas Metalworks
Jul. 19, 2011 - Magnitogorsk Iron and Steel Works has launched the MMK-Atakas continuous hot-dip galvanizing unit in Istanbul, marking the completion of construction of the MMK-Atakas metallurgy complex. The plant’s capacity is 450,000 tonnes per annum of galvanized steel.
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Ruukki to Supply Steel Structures for Kaunisvaara Iron Ore Mine
Jul. 15, 2011 - Rautaruukki has signed a contract with Peab AB of Sweden to manufacture and install the steel structures for the concentration mill and stockpile buildings at the Kaunisvaara iron ore mine in Pajala, Northern Sweden. Delivery is scheduled to begin in September.
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SMS Meer to Expand Mönchengladbach Site
Jul. 15, 2011 - SMS Meer is investing around 60 million euros in the expansion of its Mönchengladbach site in Germany by 2015 to increase productivity, reduce delivery times, and safeguard jobs over the long term.
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voestalpine Director Honored as Best Environmental Manager of 2011
Jul. 15, 2011 - The director of Strategic Environmental Management at voestalpine, Hannes Sigmund, was honored at this year’s EMAS Conference as the Best Environmental Manager of 2011. The award recognizes his dedication to the environment and comprehensive activities in cross-vocational environmental protection.
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Sumitomo Metals Receives Order for H-SA700 Ultrahigh Tensile Strength Steel
Jul. 13, 2011 - Sumitomo Metal Industries, Ltd. has received the first order for its ultrahigh tensile strength steel, H-SA700, from Obayashi Corp. for construction of a “Techno Station” main building at its Technical Research Institute. Sumitomo Metals also independently developed a process innovation for this material: the preheating for welding can be omitted.
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Kocks to Upgrade Wire Rod & Bar Mill for JSW Steel
Jul. 11, 2011 - JSW Steel Ltd., India, places an order with Friedrich Kocks GmbH & Co KG, Germany, for a 3-roll reducing & sizing block (RSB) for their wire rod and bar mill in Salem in the state of Tamil Nadu.
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NLMK Reports Transformer Failure
Jul. 11, 2011 - NLMK reports the failure of a transformer at its Urals-based long products plant NSMMZ, resulting in the stoppage of one of the plant’s two EAFs.
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voestalpine Supports Caritas Japan Project
Jul. 8, 2011 - Dr. Wolfgang Eder, Chairman of the Management Board and CEO of voestalpine AG, recently presented a check for more than EUR 350,000 to the Caritas Foundation to help rebuild the Fujinosono Children’s Home in Ichinoseki, following the severe earthquakes and tsunami of this past spring.
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ArcelorMittal Poland Receives Environmental Awards
Jul. 8, 2011 - ArcelorMittal Poland recently received two awards in the Eco-laurels competition organized by the Polish Chamber of Ecology, one for noise reduction and another for granulated slag production.
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ThyssenKrupp Steel Europe Supplies Materials for Landmark Building
Jul. 7, 2011 - The Heydar Aliyev Congress Center, designed by Zaha Hadid Architects, is currently being built in Baku, the capital of Azerbaijan, with an envelope made from more than 30,000 square meters of steel construction elements from ThyssenKrupp Steel Europe.
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AISI Supports WTO Finding on China’s Raw Materials Export Restrictions
Jul. 7, 2011 - The American Iron and Steel Institute supports a World Trade Organization dispute resolution panel that publicly released its report in the China – Raw Materials case, finding that China’s restrictions on the exports of nine raw materials violate its international obligations.
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Siemens to Modernize Hot Strip Mill for voestalpine Stahl
Jul. 6, 2011 - Siemens has won an order from voestalpine Stahl GmbH to modernize the main drives on the hot strip mill at the company's plant in Linz. Modernization work—due to be completed in spring 2013—will take place during short maintenance shutdowns.
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NLMK Quality Management System Certified to International Standards
Jul. 5, 2011 - NLMK has successfully passed an audit for compliance with the requirements of international standard ISO/TS 16949:2009, Quality management systems–Particular requirements for the application of ISO 9001:2008 for automotive production and relevant service part organizations.
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Outokumpu JV to Launch Turnaround for Tubular Unit
Jul. 5, 2011 - Outokumpu has signed a letter of intent with Andrea Gatti on a joint venture arrangement for Outokumpu's tubular unit whereby a company controlled by Gatti will become a minority owner in OSTP with an option to become a majority owner in the coming years.
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Posco-CSPC Opens New Factory in Kunshan
Jul. 5, 2011 - Posco recently celebrated the groundbreaking of the third automotive processing center for Posco-CSPC. The new facility is located within the Chaoan Development Zone in the city of Kunshan, China.
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SMS Meer Delivers PQF Seamless Tube Plant to China
Jul. 5, 2011 - SMS Meer has started delivery of what it says is the world’s largest Premium Quality Finishing plant for seamless tubes with diameters up to 20 inches. The customer is a Chinese consortium consisting of the Tianjin Pipe Corp. and the Jiangsu Shagang Group Huaigang Special Steel Co.
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SMS Meer to Deliver Rail Mill to Bhilai Steel Plant
Jul. 1, 2011 - Bhilai Steel Plant has placed an order with SMS Meer for the supply of a new universal rail mill that will enable the production of rails for high-speed trains. Rolling of the first rails is scheduled for spring 2013.
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Outotec to Supply Iron Ore Pelletizing Plant to Samarco
Jul. 1, 2011 - Outotec has agreed with Samarco Mineração S.A. on a turnkey delivery of the world's largest iron ore pelletizing plant in Brazil. The new plant will be installed at Samarco's iron ore port in Ponta de Ubú, Espírito Santo.
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World Steel in Figures 2011
Jul. 1, 2011 - The World Steel Association (worldsteel) has published the 2011 edition of World Steel in Figures. The reference highlights, among other facts and figures, the top steel-producing countries and worldsteel member companies for 2010.
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Evraz Incentivizes Conversion of 2014 Bonds
Jun. 28, 2011 - Evraz Group S.A. has successfully incentivized the conversion of US$647,800,000 in principal amount (or 99.7% of the total outstanding amount) of convertible bonds originally due in 2014 and bearing annual coupon of 7.25%.
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SAIL Recognized for Environment Management
Jun. 28, 2011 - Maharatna Steel Authority of India Ltd. (SAIL) has received the prestigious Golden Peacock Environment Management Award for 2011. The award was recently presented by Union Minister for Home Affairs Shri P. Chidambaram.
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Sumitomo Metals to Acquire Standard Steel
Jun. 28, 2011 - Sumitomo Metal Industries, Ltd. and Sumitomo Corp. have agreed to acquire Steel Wheel Acquisition Corp., the parent company of Standard Steel, Inc. in the United States, for approximately US$340 million.
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Mechel, Posco Management Sign Two Agreements
Jun. 23, 2011 - A meeting between the management of Mechel and Posco on June 21 resulted in the signing of the Framework Project Agreement and the Agreement on Construction of a Permanent Shift Worker Settlement for Elga Coal Complex.
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Metinvest, Air Liquide Sign Long-Term Contract
Jun. 22, 2011 - Metinvest has signed a new long-term contract with Air Liquide for the supply of oxygen, nitrogen and argon for the company’s Yenakiievo I&SW facility in the Donetsk Region.
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SMS Meer Supplies Seamless Tube Plant for Hengyang Valin
Jun. 22, 2011 - At the Hunan works of Chinese tube producer Hengyang Valin Steel Tube, erection has started of the new PQF® plant supplied by SMS Meer. The mill is designed for an annual capacity of 500,000 tonnes of seamless tubes in diameters up to 180 m.
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SAIL Signs MOU with Mishra Dhatu Nigam for Product Development
Jun. 21, 2011 - Maharatna Steel Authority of India Ltd. (SAIL) and Mishra Dhatu Nigam Ltd., a Government of India enterprise, signed a memorandum of understanding to explore business opportunities in production of value-added products, enhance R&D activities, exchange technical know-how, and joint investment.
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Siemens VAI to Modernize Hot Mill for ThyssenKrupp Steel Europe
Jun. 21, 2011 - Siemens VAI Metals Technologies has received an order from ThyssenKrupp Steel Europe AG to completely modernize its hot strip rolling mill no. 1 in Duisburg-Bruckhausen, Germany. Modernization of the hot mill is scheduled for completion in August 2012.
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World Crude Steel Production up Again in May 2011
Jun. 21, 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 129.9 million tonnes for May 2011, 2.3% higher than the previous month (April 2011) and 4.2% higher in comparison with May 2010.
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NLMK Revamps Meltshop
Jun. 17, 2011 - NLMK has started the installation of main equipment for the revamped Continuous Casting Machine No.3 at its main production site in Lipetsk. The upgrade represents a 300,000 tonne/year increase in continuous casting capacity.
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Rio Tinto Invests to Accelerate Pilbara Iron Ore Expansion
Jun. 16, 2011 - Rio Tinto is accelerating its iron ore expansion program in the Pilbara region of Western Australia with US$676 million of funding for early works and procurement. Capacity expansion to 333 million tonnes per year is now expected in the first half of 2015, six months earlier than planned.
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Posco Begins Construction of Synthetic Natural Gas Plant
Jun. 16, 2011 - The construction of an annual 500,000-tonne-scale synthetic natural gas (SNG) plant, Korea’s first such plant, according to Posco, was started at Gwangyang Steelworks on June 7. The SNG plant is scheduled for completion by the end of 2013.
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Tata Steel Pursues Low Carbon Steelmaking
Jun. 14, 2011 - Tata Steel is pursuing several technology paths to help pioneer a “breakthrough” necessary for future CO2 emissions reduction, among them is development work into new sources of fuel and energy, as well as recovery of raw materials and reducing waste.
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Posco-ICPC Promotes Cross-Cultural Understanding
Jun. 13, 2011 - Posco-ICPC recently hosted an event to promote cross-cultural understanding between Korean and Indian colleagues, with all 82 employees of the company gathering at a resort in southern Chennai.
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BHP Billiton, University College London Launch Natural Resources Initiative
Jun. 13, 2011 - BHP Billiton and University College London have agreed to establish an Institute for Sustainable Resources in London, U.K., and an International Energy Policy Institute in Adelaide, Australia, to drive research into the economic, legal, environmental, technological, and cultural issues faced by the resources sector.
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SMS Group Sees Upswing for Metallurgical Plants and Machinery
Jun. 10, 2011 - The SMS group of metallurgical plant and machinery construction companies attracted an order intake in business year 2010 totaling EUR 2.931 billion compared to EUR 2.341 billion in 2009, and generated sales of EUR 3.036 billion vs. EUR 3.891 billion the previous year.
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Tata Steel, CPI Order Equipment for New Innovation Center at Teesside
Jun. 9, 2011 - The Center for Process Innovation (CPI) and Tata Steel have begun work to establish the national research facility at Tata Steel’s Teesside Technology Center. A recently appointed management team has placed orders for specialist industrial equipment—a gasifier and a pyrolysis unit—that will form the cornerstone of the facility.
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Posco Establishes Production Plant for Extra-Wide Steel Plate
Jun. 9, 2011 - After completing the annual 2 million-tonne steel plate factory at Gwangyang Steelworks in March, Posco has succeeded in the test production of 5300-mm-wide steel plate. The plant is now producing 10,000 tonnes of 4500- to 5300-mm width steel plates each month.
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Rio Tinto Wins Health Award for Community Investment in Guinea
Jun. 8, 2011 - Rio Tinto, through its subsidiary Simfer S.A, has been selected as a winner of the 2011 Global Business Coalition Health Business Action on Health Awards for its work on malaria and HIV/AIDS prevention in the communities surrounding the Simandou iron ore mine in Guinea.
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Mechel Launches Modernized Steelmaking Complex at Otelu Rosu
Jun. 8, 2011 - Mechel OAO has launched a modernized steelmaking complex at its Romanian-based subsidiary Ductil Steel Otelu Rosu. The reconstructed complex includes a new electric arc furnace with the COSS system, an upgraded continuous billet caster, and a modern scrap metal preparation section.
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Tata Steel Celebrates Environment Month in June
Jun. 7, 2011 - Tata Environment Month is an initiative the company launched last year to mark the annual World Environment Day on June 5. Throughout the month, Tata Steel plans to demonstrate how the steel industry can be a key part of a more sustainable, lower carbon world.
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Siemens to Supply AOD Converter to Viraj Profiles
Jun. 7, 2011 - Siemens VAI Metals Technologies won an order from stainless steel producer Viraj Profiles Ltd. to supply an AOD (argon-oxygen decarburization) converter for its plant located in Tarapur, Maharashtra, India. The project is scheduled for completion by mid-2011.
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Danieli Group Forms New Business Unit
Jun. 6, 2011 - Danieli Group has decided to establish a new business unit, Danieli Linz Technology, to deal with the steel production with Oxygen Converters (BOF). The Group claims that it will become the only company capable of supplying the complete BOF shop with fully owned, proprietary technologies.
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ArcelorMittal Organizes Ecological Picnic in Poland
Jun. 3, 2011 - Organized by ArcelorMittal Poland in cooperation with Tauron, a “family ecological picnic” was recently held in Dąbrowa Górnicza. A highlight was the planting of 100 trees, which marked the beginning of a larger project launched this year by both companies.
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Metinvest Opens New Metal Center in Mariupol
Jun. 3, 2011 - Metinvest has further expanded its distribution network with the opening of new metal center in Mariupol by Metinvest SMC. The new center is located near Metinvest’s Azovstal and MMKI mills.
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NMDC Signs Contract for India’s Largest Blast Furnace
Jun. 3, 2011 - NMDC Limited has signed a contract with Tata Projects Limited and Danieli Corus to set up India’s largest blast furnace for a 3 MTPY integrated steel plant the company is planning to construct at Nagamar.
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Posco Employees Present Research at HMnS 2011
Jun. 2, 2011 - Six Posco researchers delivered presentations at the recent 1st International Conference on High Manganese Steels (HMnS 2011), hosted by the Steel Research Institute of Yonsei University and co-sponsored by Posco and Hyundai Steel.
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Outokumpu Divests Part of Ownership in Talvivaara
Jun. 2, 2011 - Outokumpu has sold all of its shares in Talvivaara Mining Co. Plc to Solidium Oy, a holding company wholly owned by the Finnish State. Outokumpu also sold one-fifth of its 20% holding in Talvivaara Sotkamo Ltd. to Talvivaara Mining, and granted an option for the purchase of the remaining 16% by the end of the first quarter of 2012.
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Rio Tinto, Chinalco Form JV for Exploration in China
Jun. 2, 2011 - Chinalco and Rio Tinto have formalized a joint venture (JV) that will explore mainland China for world-class mineral deposits. The immediate priority for Chinalco Rio Tinto Exploration Co. Ltd. will be copper exploration.
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MMK Reduces Specific Emissions in Q1
Jun. 2, 2011 - An in-house environmental management system (EMS) study by Magnitogorsk Iron and Steel Works (MMK) shows that the Group reduced emissions per unit of finished product by 6.34% year-over-year in the first quarter of 2011.
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Kobe Steel Opens Headquarters in Shanghai
Jun. 1, 2011 - Kobe Steel held an opening ceremony at its China headquarters, Kobelco (China) Holding Co., Ltd., in Luwan District, Shanghai. The wholly owned subsidiary has been operating since April.
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Outokumpu Receives ISSF Sustainability Award
May 31, 2011 - The International Stainless Steel Forum (ISSF) has granted Outokumpu an ISSF Sustainability Award for the company's achievements in reducing waste to landfill and increasing material efficiency in Sheffield.
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Guangzhou JFE Steel Sheet Begins Operating Cold Rolling Mill
May 31, 2011 - Guangzhou JFE Steel Sheet has begun operating a new cold rolling mill with an annual output of 1.8 million tonnes as part of an integrated production system encompassing cold rolling to hot-dip galvanizing. The mill is expected to enter commercial production in July after test operation.
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Essar Steel Commissions CSP Plant from SMS Siemag
May 27, 2011 - The Compact Strip Production (CSP®) plant with three strands, supplied by SMS Siemag to Essar Steel Ltd. at Hazira in Gujarat, was successfully put into operation with one casting strand on March 31.
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Metinvest Decommissions Open Hearth Furnace at Azovstal
May 27, 2011 - Metinvest has implemented its decision to completely decommission the Open Hearth Furnace at Azovstal Iron and Steel Works as part of a comprehensive modernization and reconstruction program targeting reduction of man-made environmental burden and harmful emissions.
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ArcelorMittal Makes Changes to Management Board and Committee
May 26, 2011 - ArcelorMittal has announced changes to both its Group Management Board and its Management Committee, which has been extended from 12 to 25 members. Changes to the Board include CFO Aditya Mittal adding responsibility for Flat Carbon Europe as well as Investor Relations and Communications.
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Vallourec to Acquire Zamil Pipes
May 26, 2011 - Vallourec has reached an agreement to acquire Saudi Seamless Pipes Factory Co. Ltd. “Zamil Pipes,” in Saudi Arabia. The transaction is subject to regulatory approvals and is expected to be finalized in Q2 2011.
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SSAB Becomes Full Owner of Tibnor
May 25, 2011 - Outokumpu has sold its 15% holding in Tibnor AB, a leading Nordic distributor of steel and metals, to SSAB, making it the full owner of the company.
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UNIGAL Completes Second Continuous Galvanizing Line
May 24, 2011 - UNIGAL Ltda. recently completed its second continuous galvanizing line (No. 2 CGL), which will increase the joint venture's annual production capacity of galvanized steel by 550,000 tonnes to more than 1 million tonnes.
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Gerdau Celebrates 110 Years, Announces New Branding
May 24, 2011 - Gerdau recently celebrated 110 years of existence, and is introducing a new brand and visual identity. The long steel and special steel operations of Gerdau in North America, Gerdau Ameristeel and Gerdau Macsteel, will now be known as Gerdau, but with new descriptors.
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MMK-Atakas Produces First 3000 Tonnes of Hot-Rolled Plate
May 23, 2011 - Iskenderun-based MMK-Atakas hot-rolling unit (compact strip mill linked to the electric arc furnace facility) has produced its first 3000 tonnes of hot-rolled plate. MMK also announced that the color coating line was put into operation at MMK-Atakas’ production site in Istanbul.
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Tata Steel Proposes Turnaround Strategy for European Long Products Business
May 23, 2011 - Tata Steel plans to invest £400 million over a five-year period to support its restructuring strategy for the Long Products business, which includes a proposal to close or mothball parts of the Scunthorpe plant and puts at risk 1200 jobs at Scunthorpe and 300 jobs at its Teesside sites.
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World Crude Steel Production Dips Slightly in April 2011
May 23, 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 127 million tonnes for April 2011, 1.9% lower than the previous month (March 2011) and 5.0% higher in comparison with April 2010.
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Evraz NTMK to Produce Extra-Hard Railway Wheels
May 20, 2011 - Evraz NTMK claims to have become the first Russian company to master the production technology of extra-hard railway wheels. Certification of these goods on overseas markets is the next step.
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SAIL Hosts Meeting of Indian Contenders for Hajigak Deposits
May 20, 2011 - Representatives of the 15 Indian steel and mining companies who recently visited Afghanistan to inspect iron ore deposits at Hajigak have met at the corporate headquarters of Steel Authority of India Ltd. to discuss major concerns and identify the issues to be discussed with the Afghan and Indian governments.
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Outokumpu Begins to Implement Efficiency Improvements
May 19, 2011 - Outokumpu has begun statutory negotiations after recently announcing plans to improve profitability, gain more efficiency, and remove overlapping activities in sales, supply chain and supporting functions in Europe.
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SKF Named "Supplier of the Year" by General Motors
May 13, 2011 - SKF Sealing Solutions Korea Co. Ltd. has received the GM Supplier of the Year award for "dedication and commitment to consistently perform above expectations." SKF supplies bonded piston seals to GM Korea and China for the GF6 transmission.
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Posco Maharashtra CGL Begins Training Program
May 13, 2011 - Posco Maharashtra CGL (Continuous Galvanizing Line) employees visited Gwangyang Steel Mill to attend a training course designed to enhance work skills and to promote Posco’s growth potential. The eight-week course started on May 2 and ends June 23.
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NLMK Product Quality Complies with International Standards
May 12, 2011 - Novolipetsk (NLMK) has passed a series of audits conducted by TÜV SÜD experts, who examined the company’s overall Quality Management System, confirming its compliance with international standard ISO 9001:2008 Quality Management System – Requirements, among others.
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Outokumpu’s New Duplex Steel for Biogas Tanks
May 11, 2011 - Outokumpu will deliver stainless steel to Börger GmbH for building tanks to be used in biogas production. This is Outokumpu’s first order for the recently launched new duplex steel grade LDX 2404®.
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Executive Board Sets Strategic Course for ThyssenKrupp
May 10, 2011 - The Executive Board of ThyssenKrupp AG has decided on extensive measures regarding the further strategic development of the Group, which involves focusing the company’s portfolio and discarding business activities for which alternative options are more suitable.
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SAIL Subsidiary MEL to Expand Ferro-Alloy Production
May 10, 2011 - SAIL Chairman Mr. C.S. Verma has advised the management of SAIL subsidiary Maharashtra Elektrosmelt Ltd. to draw up an expansion plan targeting 100% fulfillment of SAIL’s integrated steel plants’ requirements for ferro-alloys.
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Eisenbahn und Häfen to Merge with ThyssenKrupp Steel Europe
May 9, 2011 - Eisenbahn und Häfen GmbH, a major provider of logistics services in the ThyssenKrupp Group, is planned to be merged into parent company ThyssenKrupp Steel Europe AG in June 2011. The supervisory boards of the two companies have now approved the move.
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Tata Steel Invests in Steel Production at Scunthorpe Rod Mill
May 9, 2011 - Tata Steel is investing £1.2 million in two new machines—one for testing and one for size and shape measuring—at its wire rod rolling mill in Scunthorpe to increase quality and efficiency, and to boost production of high-grade steels for the automotive sector, among others.
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Essar Steel to Supply Plates for Warship
May 6, 2011 - Essar Steel’s plate products have now been approved by the Indian Navy, and the company has received an order from Mazagoan Dock to supply 13,000 tonnes of heavy plates to build ships for Defense.
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Qatar Steel Supports Rehabilitation of Special-Needs People
May 5, 2011 - Qatar Steel has presented a check supporting the Qatar Society for Rehabilitation of People with Special Needs, which will be allocated to a ceremony recognizing male and female students with special needs who show academic excellence.
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Tata Steel Commissions Research that Reveals Kids’ Lack of Fitness
May 5, 2011 - Research released to launch the Tata Kids of Steel triathlon series has revealed that more children prefer sedentary activities over physical activity. The survey of 1500 British 6- to 15-year-olds was commissioned by Tata Steel in partnership with British Triathlon.
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voestalpine Awarded Contract by Siemens Wind Power
May 4, 2011 - voestalpine Anarbeitung GmbH has been awarded a major contract for the supply of roughly 20,000 tonnes of pre-cut heavy-plate shapes for Siemens Wind Power for the London Array offshore wind tower project in the U.K.
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Vale Commences Pellet Production in Oman
May 2, 2011 - Vale has started pellet production at its first pelletizing plant of its industrial complex in the coastal city of Sohar, Sultanate of Oman. The US$1.356 billion plant and distribution center will serve as a hub supplying iron ore products in the Middle East, North Africa, and India.
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BHP Billiton Approves Samarco Expansion
May 2, 2011 - BHP Billiton announced that the partners of Samarco had approved the US$3.5 billion Fourth Pellet Plant Project at Samarco (Brazil). The expansion will increase Samarco iron ore pellet production capacity by 8.3 million tonnes.
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Hertwich Commissions Billet Saw at Weseralu
Apr. 29, 2011 - Hertwich Engineering successfully commissioned a billet saw at Weseralu GmbH in Minden, Germany. During a revamp of the press works, Weseralu invested in a saw for round billets to perform the cutting-to-length operation in-house in the future.
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Metinvest to Launch BOF Steel Rail Production at Azovstal
Apr. 29, 2011 - Metinvest is launching BOF steel rails production at Azovstal Iron and Steel Works. The manufacturing procedure for the rails production has been approved by Azovstal’s strategic partner, Ukrainian Rail monopoly Ukrzaliznytsya.
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Tata Steel Invests in High-Grade Steels in Scotland
Apr. 28, 2011 - Tata Steel is investing £8 million at its Clydebridge plant in Cambuslang, Glasgow, to increase its capability to produce high-strength steel plate by expanding the plant’s two furnaces, and installing two new gas-cutting machines and a new stamping and marking machine.
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Tata Steel Breaks Ground for CAPL Plant
Apr. 28, 2011 - Tata Steel held a groundbreaking ceremony for the 600,000-tonne-per-annum Continuous Annealing and Processing Line (CAPL) Project at the Tata Steel Works, which will produce automotive cold-rolled steels.
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ChTPZ, MMK Jointly Create Railcar Fleet
Apr. 27, 2011 - OJSC Chelpipe (ChTPZ) and OJSC Magnitogorsk Iron and Steel Works (MMK) are creating a joint rolling stock to ensure timely deliveries of steel plate from MMK’s Mill 5000 to ChTPZ’s Vysota 239 production unit.
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Tata Steel Invests in Cooling at Port Talbot Steelworks
Apr. 27, 2011 - Tata Steel has invested £53 million at its Port Talbot works to introduce in the Basic Oxygen Steelmaking plant a new cooling system that will produce steam, allowing electricity to be generated. The investment reportedly will reduce its external power requirements by about 15%.
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Posco Publishes 2010 Carbon Report
Apr. 26, 2011 - Posco has published its Carbon Report 2010, which details the company’s project visions and strategies such as the Green Steel, Green Business, Green Life, and Green Partnership.
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NLMK Adds New Deposit to its Upstream Development Pipeline
Apr. 26, 2011 - NLMK wins the right to explore and develop the Zhernovki Gluboki plot of the Zhernovskoye coal deposit. The deposit is located in the Kemerovo region, Siberia, just below the Zhernovskoe-1 deposit already owned by NLMK.
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worldsteel Announces new Director General
Apr. 20, 2011 - The worldsteel Board of Directors has formally approved the appointment of Edwin Basson as Director General of the World Steel Association, effective from August 2011.
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worldsteel Presents Short Range Outlook
Apr. 19, 2011 - The World Steel Association is forecasting that apparent steel use will increase by 5.9% to 1,359 million tonnes in 2011, and by 6.0% in 2012 to reach a new record of 1,441 million tonnes.
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Essar Steel Commissions Compact Strip Production Mill
Apr. 15, 2011 - Essar Steel has commissioned its Compact Strip Production mill with a capacity of 3.5 million tonnes per annum (MTPA), which is part of the company’s plans to expand its steel production capacity at its Hazira complex from 4.6 to 10 MTPA.
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Mechel Announces Q1 2011 Operational Results
Apr. 13, 2011 - Mechel OAO reported the production of 931,800 tonnes of coke (-2.4% vs. Q1 2010), 1,012,900 tonnes of pig iron (-3.7%) and 1,588,000 tonnes of steel (+11.0%) in the first quarter of 2011. The company also produced 132,100 tonnes of flat rolled products (+29% vs. Q1 2010), 913,400 tonnes of long products (+9%), and 545,400 tonnes of billets (+9%).
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Siemens Starts up Second Corex C-3000 Plant at Baosteel
Apr. 11, 2011 - Shanghai Baosteel Pudong Iron and Steel recently started up its second Corex module at its steelworks in Luojing. The new Corex C-3000 Module 02 has a nominal production capacity of 1.5 million tonnes of hot metal per year.
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Abinsk Electric Steel Commissions New SMS Meer Rebar Mill
Apr. 8, 2011 - Abinsk Electric Steel Works Ltd., Russia, has successfully commissioned a new SMS Meer rebar rolling mill. That is capable of manufacturing finished products that exceed the corresponding Russian quality standards.
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Outokumpu Announces Plans to Improve Efficiency
Apr. 7, 2011 - Outokumpu announced plans to implement actions to improve profitability, gain more efficiency and remove overlapping activities in sales, supply chain and supporting functions in Europe.
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Posco Completes Thick Steel Plate Plant in Gwangyang
Apr. 7, 2011 - Posco recently completed construction of a new thick steel plate plant in Gwangyang Steelworks that will make the company the largest steel plate producer with an annual production capacity of 7 million tons.
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Siemens to Equip New Steel Mill for Qatar Steel
Apr. 6, 2011 - The Qatar Steel Company awarded a contract to Siemens VAI Metals Technologies for the supply of a new EAF, ladle furnace and billet caster for a new steel mill in Mesaieed, Qatar.
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Siemens Starts up Handan Iron & Steel Bar Mill
Mar. 31, 2011 - Siemens recently started up a bar mill at Handan Iron & Steel Co. Engineering. Project implementation was completed in record time, with manufacturing and delivery in less than six months and the first bar rolled just six months later.
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Posco Holds Groundbreaking for New Beijing Posco Center
Mar. 28, 2011 - Posco recently celebrated the groundbreaking for the Beijing Posco Center, the company’s Chinese headquarters in Beijing. Posco is planning to move all of its Beijing offices to the new building, which is scheduled to be completed by June 2014.
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Peiner Träger Begins Two-Furnace Operation
Mar. 28, 2011 - Peiner Träger GmbH has commenced the run-up procedure in preparation for operating both electric arc furnaces, effectively doubling smelting capacity at the Peine plant.
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Severstal Appoints General Director of OAO Olkon
Mar. 22, 2011 - OAO Severstal announced the appointment of Alexander Nikolayevich Popov as General Director of the Olenegorsk Mining and Concentration Works, part of the company’s mining division, with effect from March 22, 2011.
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World Crude Steel Production Dips Slightly in February 2011
Mar. 22, 2011 - World crude steel production for the 66 countries reporting to World Steel Association stood at an estimated 117 million tonnes for February 2011, 2.4% lower than the previous month (January 2011) and 8.8% higher in comparison with February 2010.
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Kobe Steel's Moka Plant to Restart Production
Mar. 18, 2011 - Kobe Steel, Ltd. announced plans to restart production at its aluminum rolling plant in Moka, Tochigi Prefecture, following a thorough inspection for damages from the Tohoku Pacific Earthquake.
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SAIL Sets Higher Production, Sales Targets for FY '12
Mar. 17, 2011 - Maharatna Steel Authority of India Limited (SAIL) recently signed its annual MoU with the Ministry of Steel for the year 2011-12. The MoU placed highest priority on modernization and expansion projects, including training of project personnel.
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Additional Details on Effects from Earthquake, Tsunami, Power Outages
Mar. 15, 2011 - Goldman Sachs summarizes information from company statements and news reports regarding damages to steel production facilities in Japan following the March earthquake and tsunami. The company is estimating approximately 23% of capacity has received some level of damages or production curtailment.
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MMK-Atakas Commissions EAF Facility
Mar. 11, 2011 - MMK-Atakas, a joint venture of OJSC Magnitogorsk Iron & Steel Works (MMK) and Atakas Group, commissioned an electric arc furnace facility at its industrial complex in Iskenderun, Turkey.
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Qatar Steel Plans to Expand Steelmaking Facility
Mar. 11, 2011 - Qatar Steel has initiated a new project to increase the company’s overall production, including the addition of a new 110-tonne EAF, 110-tonne ladle furnace, and 6-strand high speed billet caster.
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Essar Africa Holdings to Acquire Interest in ZISCO Assets
Mar. 11, 2011 - The Government of Zimbabwe and Essar Africa Holdings have reached an agreement for the revival of the operational assets of Zimbabwe Iron and Steel, with Essar Africa Holdings acquiring a significant interest in ZISCO’s steel operations as well as its mining operations.
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Tata Steel Celebrates International Women's Day
Mar. 10, 2011 - Tata Steel saluted the spirit of its female workforce on International Women’s Day with a series of activities hosted for its female employees as well as for women residing in its vicinity.
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ArcelorMittal Honored as SAM Sector Mover
Mar. 9, 2011 - ArcelorMittal was recently highlighted in the SAM 2010 Sustainability Yearbook, and also received two distinctions as a "SAM Sector Mover" and as a "SAM Bronze Class" company.
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Tata Steel to Add New Slitting Line in Germany
Mar. 8, 2011 - Tata Steel has announced plans to install a new slitting line at Service Center Gelsenkirchen GmbH in Germany that will nearly double the site’s existing slitting capacity.
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ArcelorMittal to Invest in G Steel
Mar. 3, 2011 - ArcelorMittal has signed agreements to invest new capital resulting in a shareholding of 40% in G Steel Public Company Limited of Thailand.
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Tata Steel Raises Prices for Scunthorpe Wire Rod
Mar. 2, 2011 - Tata Steel is increasing transaction prices for April deliveries in the UK of wire rod produced at its Scunthorpe Rod Mill by a minimum of £125. Some grades will increase by as much as £150 per tonne.
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Four Japanese Firms Establish Aircraft Parts JV
Mar. 2, 2011 - Hitachi Metals, Ltd., Kobe Steel, Ltd., IHI Corporation, and Kawasaki Heavy Industries, Ltd. (or KHI) have jointly established a joint venture to manufacture large forgings for use in aircraft and power plants.
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ASAS Orders Color Coating Line from SMS Siemag
Mar. 1, 2011 - SMS Siemag has received an order from ASAŞ Alüminyum Sanayi ve Ticaret A.Ş. to supply a color coating line that will process around 50,000 tonnes of aluminum and galvanized steel strip material per year.
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Siemens to Supply Turnkey AOD Converter to Tiangao
Feb. 25, 2011 - Yunnan Tiangao Nickel Industry has contracted Siemens for the supply of a turnkey AOD converter, including plant engineering and supply of the entire mechanical and electrical systems.
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Tata Steel to Sell Teesside Assets to Sahaviriya Steel Industries
Feb. 25, 2011 - Tata Steel UK Limited has signed a definitive sale agreement to sell some assets of Teesside Cast Products to Sahaviriya Steel Industries UK Limited, including the Redcar Blast Furnace, Redcar and South Bank coke ovens, Teesside’s power generation facilities and sinter plant, and the Lackenby steelmaking and casting facilities.
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Posco A&C Introduces Smart Workplace in Seoul
Feb. 24, 2011 - Posco A&C has established a Smart Workplace pilot project as part of an initiative to promote efficiency, communication and collaboration. The new office space features state-of-the-art information technology and eco-friendly furniture.
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SAIL Receives Shining Star CSR Award
Feb. 23, 2011 - Steel Authority of India Limited has received the inaugural Wockhardt Shining Star CSR Award in recognition of its corporate social responsibility activities.
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Siemens to Modernize Handan Plate Mill
Feb. 23, 2011 - Handan Iron & Steel has placed an order with Siemens VAI Metals Technologies to fit its three-meter plate mill in Handan with a new basic and process automation system.
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World Crude Steel Production Continues Rise in January 2011
Feb. 22, 2011 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 119 million tonnes for January 2011 — 2.8% higher than the previous month (December 2010) and 5.3% higher in comparison with January 2010.
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NLMK to Build Pelletizing Plant at Stoilensky
Feb. 21, 2011 - NLMK has approved the construction of a pelletizing plant with a capacity of 6 million tonnes of iron ore pellets per year at Stoilensky. The plant will be able to fully cover the company’s pellet requirements as early as 2015.
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Outokumpu Appoints New CEO
Feb. 18, 2011 - Outokumpu's Board of Directors has appointed Mika Seitovirta as the new Chief Executive Officer.
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Evraz Announces New Management Appointments
Feb. 17, 2011 - Evraz has made two new management appointments, both the result of an internal restructuring process that created two new positions: Vice President, Sales and Vice President, Procurement.
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SSAB to Take Over Tibnor’s Company in Poland
Feb. 14, 2011 - SSAB is taking over Tibnor's company in Poland, which will help to strengthen the company's position in Central and Eastern Europe by further developing the company's service offering.
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SAIL to Develop Chiria Mines with State-of-Art Environment-Friendly Technology
Feb. 14, 2011 - Steel Authority of India Limited has been granted forest clearance for leases of Chiria iron ore mines in Jharkhand. For SAIL, the Chiria mines represent the only compact deposit that can sustain large, mechanized mines of 30-50 million tonnes per annum capacity — key for the company’s existing and future expansion plans.
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Dillinger Hütte Nominates new Chief Executive Officer
Feb. 14, 2011 - The Supervisory Boards of Dillinger Hütte and the holding DHS –Dillinger Hütte Saarstahl AG have nominated Dr. Karlheinz Blessing as Chief Executive Officer and member of the Board of Management effective February 10, 2011, for a term of 5 years.
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ThyssenKrupp Makes Good Start in First Quarter of 2010-11
Feb. 14, 2011 - ThyssenKrupp reports a 21% year-on-year increase in order intake in the first quarter of fiscal 2010/2011, from €9,328 million to €11,260 million. Sales also rose distinctly by 22% from €9,351 million to €11,370 million.
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Tata Steel Reaffirms Commitment to Triathlon in 2011
Feb. 10, 2011 - Tata Steel confirms its status as the Presenting Partner of the Dextro Energy Triathlon ITU World Championship London, for the second year running. In addition, the Tata Kids of Steel Children’s Triathlon Series will increase in size to 18 events across the UK.
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VWN Steel Solutions Becomes Part of Danieli Group
Feb. 7, 2011 - VWN Steel Solutions GmbH has been incorporated into the newly set Danieli Centro Met Swiss, a branch of Danieli Centro Met, specializing in the revamping business for electric steelmaking facilities.
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Danieli Acquires UK-Based LYNXS Shredders
Feb. 4, 2011 - Danieli & C Officine Meccaniche SpA has completed the strategic share buy-out of UK-based LYNXS Shredder (Project Design) Limited and LYNXS Shredder Technology Limited.
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Severstal and Sollers Sign Cooperation Agreement for 2011
Feb. 4, 2011 - Severstal has signed an agreement with Sollers Automotive Group, which currently owns 67.77% of the ordinary stock in OJSC Ulyanovsk Automobile Plant defining defines reference prices and supply volumes for steel supplied the Cherepovets Steel Mill for 2011.
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Sumitomo Okays Siemens Mulpic Cooling System on Plate Mill
Feb. 4, 2011 - Sumitomo Metal Industries Ltd. recently gave Siemens VAI Metals Technologies the final acceptance certificate for the Mulpic® (Multi-Purpose-interrupted-Cooling) system installed in the plate rolling mill at their Kashima Works.
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Management Changes at Evraz Palini e Bertoli
Feb. 2, 2011 - Evraz Group SA announced recent management changes at Evraz Palini e Bertoli S.p.a., its Italian plate-rolling facility. The changes include elimination of the role of CEO and creation of the position of General Manager of Evraz Palini e Bertoli.
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Evraz Changes Accounting Policies
Feb. 1, 2011 - Evraz Group SA has resolved to change its accounting policies regarding the measurement of certain classes of property, plant and equipment.
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Kobe Steel to Manufacture Rubber Machinery in India
Jan. 31, 2011 - Kobe Steel, Ltd. has formed a joint venture with India's Larsen & Toubro Limited to manufacture and sell rubber processing machinery used in the manufacture of tires. The new venture plans to market its products in India, Europe, the Middle East, Africa, Russia and Eastern Europe.
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