AIST Homepage Advertise Contact Site Map
  
  LOGIN Register Renew
Headlines
    North America
    World

Technology
    Process
    Safety
    Environment

Companies
    Steel Producers
    Service Centers
    Industry Suppliers

Industry
    Trade Cases
    Steel Imports
    World Production

AIST Resources
    Magazine
    Steel Links
    Steel Library

WORLD HEADLINES

World
Latest News:
Siemens to Supply Equipment, Drives, Automation for Posco Process Lines
May 13, 2008 - Siemens Metals Technologies will supply special equipment, drives and the automation system for a cold-strip annealing, pickling and finishing line at Posco’s Pohang plant.
Siemens to Equip New Process Line for BlueScope Indonesia
May 12, 2008 - Siemens Metals Technologies will equip a new integrated zinc-coating and painting line at PT BlueScope Steel’s Cilegon site, the only production facility in Indonesia that produces coated and painted steel products.
BlueScope Steel Confirms Stronger Outlook in Second Half of 2008
May 12, 2008 - BlueScope Steel confirms that it remains on target for a stronger second half, and advises the market of changes to its external reporting business segments.
Corus IJmuiden Launches New Zinc-Based Hot-Dip Coating
May 12, 2008 - International steel producer Corus is to launch a new hot-dip zinc-based metallic coating with superior corrosion properties and the potential to significantly decrease coating thickness.
Siemens Modernizes Coke-Oven By-Product Plant for Isdemir
May 9, 2008 - Siemens Metals Technologies completes the expansion and modernization of a coke-oven by-product plant for Turkish steel producer Isdemir.
JFE Steel to Boost Coal Output in Australia
May 8, 2008 - JFE Steel and JFE Shoji Trade have agreed with their joint venture partners to significantly expand production at the Carborough Downs coal mine in Queensland, Australia.
Siemens to Modernize Cold Rolling Stand for Alunorf
May 5, 2008 - Siemens Metals Technologies will modernize the Aluminium Norf GmbH (Alunorf) Cold Rolling Stand No. 4, including the addition of new cooling beam for selective roll cooling and inductive edge heating.
ArcelorMittal Restores 25% Free Float in China Oriental
May 5, 2008 - ArcelorMittal announces a series of measures that will restore a 25% free float in China Oriental Group in compliance with the listing rules of the Hong Kong Stock Exchange.
SMS Group Reports Record Business Year
May 5, 2008 - SMS group describes 2007 as a record business year, with pre-tax results of EUR 176 million that were double the previous year’s figure of EUR 85 million.
Iron Ore Company of Canada Settles Prices with ThyssenKrupp
May 2, 2008 - The Iron Ore Company of Canada reaches agreement with ThyssenKrupp Steel AG on prices for IOC Carol Lake iron pellets and concentrates for 2008.
Sidor Shares Declared of Venezuelan Public and Social Interest
May 1, 2008 - The Republic of Venezuela’s National Assembly passes a resolution declaring that the shares and assets of Ternium SA's majority-owned subsidiary Sidor are of public and social interest.
Esmark Agrees to Merge with Essar Steel
May 1, 2008 - Esmark agrees to the material terms of a proposed tender offer and merger with Essar Steel Holdings Limited for a cash purchase price of $17.00 per share.
Linde Group to Supply Gases for ArcelorMittal’s Romanian Operations
Apr. 30, 2008 - The Linde Group will construct a new air separation unit as part of its long-term contract for the supply of industrial gases for ArcelorMittal’s Romanian operations.
ArcelorMittal, Vale Sign New Long-Term Iron Ore Contracts
Apr. 30, 2008 - ArcelorMittal signs new long-term contracts with Vale to supply approximately 480 million tonnes of iron ore and pellets to ArcelorMittal plants in Europe, Africa, and the Americas over the next ten years.
Highveld Agrees to Disposal of Vanadium Assets
Apr. 29, 2008 - Evraz Group’s Highveld Steel and Vanadium Corp. enters definitive agreements with Vanchem Vanadium Products (Proprietary) Ltd. on Highveld’s disposal of certain vertically integrated vanadium assets.
Three Major Japan Steelmakers Log Net Profit Drops in FY 2007
Apr. 29, 2008 - Under the weight of rising material costs, three of Japan's four major steelmakers post reductions in group net profits in fiscal 2007, while industry leader Nippon Steel posts a 1.1% rise in net profit.
ThyssenKrupp Steel Celebrates GM Recognition as a 2007 Supplier of the Year
Apr. 29, 2008 - ThyssenKrupp Steel AG receives the General Motors 2007 Supplier of the Year award for its significant contributions to GM’s global product and performance achievements.
Outokumpu to Acquire Italian Stainless Steel Distributor SoGePar
Apr. 28, 2008 - Outokumpu will acquire the SoGePar Group, an Italian distributor of stainless steel, for EUR 195 million in cash and the assumption of EUR 140 million in company debt.
NLMK Approves Key Parameters of 3rd Phase of its Upgrade Program
Apr. 25, 2008 - NLMK announces Strategic Planning Committee approval of key parameters for Phase 3 of the Group’s Technical Upgrading Programme, which runs through 2015 and features expansions at nearly all of the company’s production sites.
ArcelorMittal Enters Off-Take Agreement with Coal of Africa Limited
Apr. 24, 2008 - ArcelorMittal reaches an off-take agreement with Coal of Africa Limited that includes a minimum of 2.5 million tonnes per annum of coking coal from the company’s two mines in the Limpopo Province of South Africa.
IISI Reports World Steel Production for March 2008
Apr. 24, 2008 - World crude steel production for the 67 countries reporting to IISI stood at an estimated 119.5 million tonnes in March 2008 — 5.8% higher than for the same month of 2007, and 11.0% higher than the previous month, February 2008.
SMS Demag to Supply Melting and Casting Plant for Maghreb Steel
Apr. 23, 2008 - SMS Demag will install an electric X-Melt steel plant and a single-strand X-Cast continuous slab caster to feed the twin-strand Steckel mill it is constructing for Maghreb Steel, Morocco.
Bricmont to Supply Reheat Furnace for Tamco Steel
Apr. 23, 2008 - Bricmont is contracted to supply a new pusher reheat furnace for Tamco Steel.
SMS Demag to Supply X-Roll Cold Mill for ThyssenKrupp AST
Apr. 22, 2008 - SMS Demag will supply a new 20-roll cold rolling mill to ThyssenKrupp Acciai Speciali in Terni, Italy, for the production of stainless steel strip; ABB will supply the electrical equipment.
Stahl Gerafingen Restarts Siemens-Upgraded Finger-Shaft EAF
Apr. 21, 2008 - Stahl Gerafingen restarts their finger-shaft electric arc furnace following an extensive upgrade by Siemens Metals Technologies to increase productivity and reduce emissions.
BE Group AB Granted Regulatory Approval for Thin Plate JV with ArcelorMittal
Apr. 18, 2008 - The European Commission clears BE Group’s acquisition of 50% of ArcelorMittal SSC AB, taking the two companies one step closer to formation of their proposed joint venture for processing and sales of thin plate in Sweden.
Ternium, Venezuelan Government Plan for Sidor Nationalization Process
Apr. 18, 2008 - Following confirmation of the Venezuelan government's decision to nationalize Sidor, Ternium SA has announced that Ternium, Sidor and the Venezuelan government have entered into an agreement for the creation of a transition committee.
Tenova Pyromet to Supply Furnace for Elkem Solar
Apr. 17, 2008 - Tenova Pyromet will supply a 3.5-MVA furnace featuring its Maxicool intensive cooling system for Elkem Solar.
Steel Group Launches Global CO2 Emissions Data Collection Project
Apr. 16, 2008 - IISI implements Phase 2 of its global sectoral approach to climate change for the steel industry, which centers on the secure collection of CO2 emissions data from steel operations worldwide.
IISI Provides Short Range Outlook for Steel Industry
Apr. 16, 2008 - In its just-released short-range outlook, the International Iron and Steel Institute forecasts that 2008 will still be another strong year for the steel industry, with apparent steel use projected to rise 6.7%, to 1282 million tonnes in 2008.
NLMK Upgrades Steelmaking Facilities
Apr. 15, 2008 - Novolipetsk Steel announces completion of the project to refurbish its continuous casting machine CCM-4, which has been commissioned with a new slab capacity of 2 million tonnes per year at the company’s main production site in Lipetsk.
Evraz Closes First Stage of Ukrainian Assets Acquisition
Apr. 15, 2008 - Evraz Group completes the first stage of its acquisition of selected production assets in Ukraine, including greater-than-90% shareholding in the Dnepropetrovsk Iron and Steel Works and the Sukhaya Balka iron ore mining and processing complex.
OAO Severstal Reorganizes to Facilitate Growth
Apr. 15, 2008 - OAO Severstal announces a reorganization of its businesses into three principal divisions: Severstal Russian Steel, Severstal Resources, and Severstal International.
Centric Alloys to Distribute Nickel Alloys for ArcelorMittal
Apr. 15, 2008 - ArcelorMittal’s Stainless and Nickel Alloys division and Centric Alloys Corp. enter partnership for the sales and distribution of nickel alloy bar and wire rod products supplied to the North American market.
Outotec to Supply Iron Ore Pelletizing Technology for Shougang Jingtang
Apr. 14, 2008 - Shougang Jingtang United Iron & Steel contracts Outotec for the delivery of environmentally sound technology for Shougang's iron ore pelletizing plant to be built in Caofeidan, China.
Siemens to Provide Automation Drive, Equipment for Dajiang Steel Tandem Mill
Apr. 14, 2008 - Jiangsu Dajiang Metal Material contracts Siemens Metals Technologies to supply all the automation and drive equipment for rebuilding a five-stand continuous tandem mill relocated from the U.S.
Concast to Upgrade Southern Steel Berhad DC EAF and Continuous Caster
Apr. 11, 2008 - Southern Steel Berhad awards Concast AG a contract to upgrade its existing electric arc furnace and five-strand continuous caster.
ThyssenKrupp Steel Restarts Flexible Hot-Dip Coating Line at Finnentrop
Apr. 11, 2008 - ThyssenKrupp Steel has completed its modernization and restarted Hot-Dip Coating Line No. 3 at the company’s Finnentrop facility, which now features a new interchangeable pot system that accommodates both zinc and aluminum coating.
ArcelorMittal Completes Acquisition of Russian Mining Interests
Apr. 11, 2008 - ArcelorMittal has completed its acquisition of three coal mines and associated assets in Russia for total consideration of US$718 million.
Mechel Commissions Modernized Reheat Furnace at Mechel Targoviste
Apr. 11, 2008 - Mechel OAO recommissions the newly reconstructed walking-beam heating furnace at the medium-section mill at its Mechel Targoviste Romanian subsidiary.
Rautaruukki to Strengthen Service Centre Operations in St Petersburg
Apr. 10, 2008 - Rautaruukki announces plans to install a new cut-to-length line and modernize existing machinery at the Parnas service centre in northern St Petersburg.
VALE Concludes Pellet Price Negotiation with ArcelorMittal
Apr. 9, 2008 - Companhia Vale do Rio Doce (VALE) has now concluded blast-furnace and direct-reduction pellets price negotiations for 2008 with ArcelorMittal.
Air Liquide Supports New Development in ULCOS Sustainable Steelmaking Project
Apr. 9, 2008 - Air Liquide has developed, built, and tested a pilot plant at the Metallurgical Research Institute site that enables CO2 to be separated from blast furnace gases, with residual gases recovered for use in other processes.
VALE Signs MOU with JFE Steel and Dongkuk Steel
Apr. 9, 2008 - Companhia Vale do Rio Doce signs a memorandum of understanding with Japan’s JFE Steel and South Korea’s Dongkuk Steel Mill to conduct a feasibility study for construction of a steel slab plant in the Industrial District of Pecém, in the Brazilian State of Ceará.
Mechel Acquires Sole Ownership of Romanian Ductil Steel
Apr. 9, 2008 - Russia’s Mechel OAO purchases a 100% stake in Romania’s Ductil Steel for EUR 142.0 million (USD 221.0 million).
ArcelorMittal Announces Additional Investments at Gandrange
Apr. 8, 2008 - ArcelorMittal announces a range of new investments at its Gandrange site in the Lorraine region of France, and several other initiatives aimed at reinforcing its commitment to France.
Broner Metals Solutions Partners with Metsys in India
Apr. 7, 2008 - Broner Metals Solutions appoints Metsys Engineering and Consultancy as its official sales and marketing partner in India.
Stainless Steel Production Down in 07 Following Collapse of Nickel Prices
Apr. 7, 2008 - Global stainless steel production leveled out at 27.6 million tonnes in 2007—a decline of 2.9% compared to 2006—according to preliminary figures released by the International Stainless Steel Forum.
Siemens Completes Acquisition of Morgan Construction
Apr. 7, 2008 - Siemens takes over Worcester, Mass., based rolling mill specialist Morgan Construction Co.
Kobe Develops Steel Sheet that Cuts Electromagnetic Waves
Apr. 4, 2008 - Kobe Steel announces the development of a type of steel sheet that can drastically cut electromagnetic wave emissions from electronics products.
ArcelorMittal Enters Brazilian Steel Service Centre Market
Apr. 4, 2008 - ArcelorMittal has acquired a 50% share of Gonvarri Brasil to form a steel service centre joint venture, laying the foundations for building a strong presence in the Brazilian flat steel downstream segment.
Mechel, Danieli Enter Partnership
Apr. 4, 2008 - Mechel OAO signs three-year partnership agreement with Danieli for the implementation of reconstruction and development projects at Mechel's steel subsidiaries.
ArcelorMittal Announces Final Price for ArcelorMittal Inox Brasil Offer
Apr. 3, 2008 - ArcelorMittal has confirmed that the final price of its delisting tender offer for all shares of Arcelor Mittal Inox Brasil SA will be R$ 95.25 per common share and R$ 94.70 per preferred share, as per the previously disclosed pricing mechanism.
Outotec to Supply Two Iron Ore Sinter Plants for Bhushan Steel
Apr. 2, 2008 - Outotec GmbH will supply two iron ore sinter plants for Bhushan Steel's integrated steelworks at Meramandali, Orissa, India.
PSI BT to Implement Production Management System for V&M Tubes Facility
Apr. 2, 2008 - PSI BT GmbH will implement PSImetals, a production management system, for Vallourec & Mannesmann Tubes’ tube mill in Aulnoye, France.
Tenova Installs New Automation System at Cogne Steelworks
Apr. 1, 2008 - Tenova SpA installs and starts up a new EAF automation and control system at the Cogne ACCIAI SPECIALI steelworks in Aosta, Italy.
ThyssenKrupp Stahl Initiates Construction of New Krefeld Processing Center
Mar. 31, 2008 - ThyssenKrupp Stahl begins construction of a state-of-the-art flat steel processing center in Krefeld in the state of North Rhine-Westphalia, Germany.
Danieli to Supply DR-EAF Meltshops for Suez Steel and Emirates Steel Industries
Mar. 31, 2008 - Danieli will supply an innovative integrated minimill to Suez Steel in Egypt, as well as a new steelmaking complex for Emirates Steel Industries for a complex in Mussafah, in the Emirate of Abu Dhabi.
ArcelorMittal Honored as Company of the Year in Poland
Mar. 31, 2008 - The Silesian Managers' Association in the Silesia province of Poland selects ArcelorMittal Poland as the Company of the Year.
Outotec and Geological Survey of Finland Agree to Partnership
Mar. 28, 2008 - Outotec and the Geological Survey of Finland form a partnership agreement for developing collaboration in the research and development of mineral technology.
Danieli to Provide Plate-Steckel Mill Plant for Jiang Yin Xing Cheng
Mar. 28, 2008 - Danieli to supply a plate/Steckel mill and finishing equipment for Jiang Yin Xing Cheng Special Steel Works’ existing plant in Jiang Yin City.
SMS Demag to Upgrade NLMK Hot Strip Mill
Mar. 28, 2008 - SMS Demag to further modernize the finishing train of NLMK’s hot strip mill, including the installation of CVC plus, work roll bending, and hydraulic roll-gap adjustment.
Danieli to Supply Bar and Section Mill for INCA
Mar. 27, 2008 - Danieli Morgårdshammar will supply a new 400,000-tonnes/year superflexible bar and light section mill to Industrias Nacionales, C por A (INCA) for its facility in Santo Domingo.
Rasselstein Growth Bucks Market Trend for Tinplate
Mar. 26, 2008 - Rasselstein’s CEO describes how investments have helped this ThyssenKrupp Steel subsidiary expand market share as well as total shipments, beating the prevailing market trends for tinplate.
ArcelorMittal to Acquire Additional Noble Shares
Mar. 26, 2008 - ArcelorMittal’s shareholding in Noble International will reach approximately 49.95% with the just-announced acquisition of an additional 10.31% of Noble’s shares from Chairman and founder Robert J. Skandalaris.
Vale Discontinues Negotiations for Acquisition of Xstrata
Mar. 26, 2008 - Vale and Xstrata Plc discontinue their discussions as the two parties have been unable to reach agreement on Vale’s acquisition of Xstrata.
IISI Reports World Steel Production for February 2008
Mar. 21, 2008 - Steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 106.9 million tonnes in February — 5.3% higher than for the same month of 2007.
SMS Meer to Supply Section Mill for Jiexiu Xintai Iron & Steel
Mar. 20, 2008 - Jiexiu Xintai Iron & Steel in the province of Shanxi, China, places order with SMS Meer for a new 1.2 million tonnes/year section mill.
Evraz Calls Off Yuzhkuzbassugol and Raspadskaya Merger
Mar. 20, 2008 - Evraz Group decides to terminate the merger negotiations between its fully owned coal mining subsidiary Yuzhkuzbassugol, and Raspadskaya, Russia's second-largest coking coal producer.
ThyssenKrupp Steel to Restart Blast Furnace 1 at Duisburg-Schwelgern
Mar. 20, 2008 - ThyssenKrupp Steel’s Schwelgern 1 blast furnace in Duisburg is expected to begin its fifth campaign at the beginning of April, following completion of a record downtime of only 70 days.
Terra Nostra Subsidiary Adds New Contracts for Stainless Billet Production
Mar. 19, 2008 - Terra Nostra Resources signs eight new contracts for the production of over 2100 tonnes of stainless steel billets per month.
ArcelorMittal Adjusts Offer Price for ArcelorMittal Inox Brasil SA
Mar. 18, 2008 - ArcelorMittal is reducing the offer price in the delisting tender offer for all shares of Arcelor Mittal Inox Brasil SA to reflect interim dividends recently declared by the company.
Siemens to Supply Turnkey Process Technology for new SAIL Cold Mill
Mar. 18, 2008 - Siemens will design, engineer, supply, install and commission the core lines of SAIL’s new 1.3 million tonnes/year cold mill facility in Jharkand, India, including a coupled tandem pickling line, hot-dip galvanizing line, and an electrolytic strip cleaning line.
Danieli Morgårdshammar to Upgrade Stahl Gerlafingen Section Mill
Mar. 17, 2008 - Danieli Morgårdshammar will upgrade AFV Beltrame’s Grobstraße section mill with the installation of its profile sizing process as well as a new reversing breakdown mill, new ultra-flexible reversing pre-finishing mill, and new universal finishing sizing stand.
Evraz, TMK to Buy Ipsco Tubulars from SSAB
Mar. 17, 2008 - SSAB announces plans to divest Ipsco Tubulars to Evraz for $4,025 million in cash; Evraz will sell some of the U.S. based Ipsco Tubulars businesses to OAO TMK and its affiliates.
Rautaruukki to Close Raahe Works Sinter Plant by the end of 2011
Mar. 13, 2008 - Rautaruukki announced plans to close down sinter plant operations at its Raahe Works in Finland by the end of 2011 as it transitions over to 100% iron pellet feedstock for its blast furnace operations.
SMS Meer to Supply PQF Seamless Tube Mill for Vallourec & Sumitomo do Brasil
Mar. 12, 2008 - Vallourec & Sumitomo Tubos do Brasil has awarded a contract to SMS Meer to supply a new Premium Quality Finishing seamless tube plant.
Economy Industrial to Supply Casting Machines in Russia, Iceland, and U.S.
Mar. 12, 2008 - Economy Industrial, Ambridge, Pa., is producing two new casting machines for installation in Europe, as well as a pig iron casting machine for a new joint venture oxide recovery facility in Blytheville between Nucor and Heritage Environmental.
ArcelorMittal Announces Third Episode of its Web TV’s 2nd Season
Mar. 11, 2008 - ArcelorMittal announces ‘Freedom Beams’ - the third episode of ArcelorMittal Web TV’s second season, which reveals the full story behind the famous steel beams produced by ArcelorMittal for the construction of New York's iconic One World Trade Center, The Freedom Tower.
SMS Demag to Supply X-Cast Slab Caster for Salem Steel Plant
Mar. 11, 2008 - SAIL’s Salem Steel Plant awards SMS Demag a contract to supply a single-strand continuous casting machine for the production of stainless steel slabs.
Siemens to Extend Automation for Jinan Iron and Steel Plate Mill
Mar. 11, 2008 - Siemens Metals Technologies will extend the automation for Jinan Iron & Steel’s 3.5-meter two-stand plate mill in Jigang.
Tenova Goodfellow to Install EFSOP for IRO EAF
Mar. 10, 2008 - Tenova Goodellow will install its EFSOP Holistic Optimization system for Industrie Riunite Odolesi’s EAF meltshop in Odolo, Italy.
Siemens Starts up First LiquiRob Robot System on New Posco Slab Caster
Mar. 10, 2008 - Siemens has started up its first LiquiRob robot system at Posco’s Gwangyang Steel Works on the caster platform of the new twin-strand Slab Caster CCM 2-3.
SMS Demag to Supply Coiler for Ternium Siderar
Mar. 10, 2008 - SMS Demag will supply a new downcoiler for Ternium Siderar’s hot strip mill in San Nicolas, close to Buenos Aires.
ArcelorMittal Announces Resignation of a Director
Mar. 7, 2008 - ArcelorMittal announces the resignation of Romain Zaleski from its board of directors.
Nippon Steel Releases Forecast for Fiscal 2007 Operating Results
Mar. 7, 2008 - Nippon Steel releases its forecast for operating results for fiscal 2007, which runs through March 31, 2008.
Vale, Arcelor Mittal Agree to 65% Increase for 2008
Mar. 7, 2008 - Companhia Vale do Rio Doce concludes its iron ore fines price negotiations for 2008 with ArcelorMittal, resulting in a 65% increase in prices for Southern System fines.
Acerinox and Nisshin Steel to Build Stainless Mill in Malaysia
Mar. 7, 2008 - Long-time venture partners Acerinox SA and Nisshin Steel announce they will build a new integrated stainless steel production plant in Malaysia.
Kocks to Supply Reducing & Sizing Block for Dongbei Mill Upgrade
Mar. 6, 2008 - Kocks will supply a 3-roll Reducing & Sizing Block as part of the conversion of Dongbei Iron and Steel’s wire rod and bar mill into a pure bar mill.
ArcelorMittal Launches Offer for ArcelorMittal Inox Brasil
Mar. 6, 2008 - ArcelorMittal has launched its delisting tender offer for all of the outstanding shares in Arcelor Mittal Inox Brasil SA, which was formerly known as Acesita SA.
SMS Demag Takes X-Melt Ladle Furnace into Operation at Georgsmarienhütte
Mar. 4, 2008 - SMS Demag takes the 140-tonne X-Melt ladle furnace supplied to Georgsmarienhütte GmbH into operation.
Siemens to Modernize Caster for ThyssenKrupp Steel
Mar. 4, 2008 - ThyssenKrupp Steel places order with Siemens Metals Technologies to modernize the continuous caster at the Duisburg-Bruckhausen facility’s oxygen steelworks.
Mechel Indicates Interest in Oriel Resources Company
Mar. 4, 2008 - Mechel OAO announces interest in acquiring Oriel Resources Plc, a London-based miner and processor of chrome and nickel.
Siemens to Supply Rolling Mill Equipment for Tonghua Iron and Steel
Mar. 3, 2008 - Siemens Metals Technologies will supply equipment to Tonghua Iron and Steel Group in northeast of China, including the complete automation for a new hot strip mill, and the main drives and the automation for a new cold mill.
Orascom Construction to Double Steel Fabrication Capacity
Feb. 29, 2008 - Orascom Construction Industries announces plans to construct a new state-of-the-art steel fabrication plant for its wholly owned subsidiary, National Steel Fabrication.
SMS Demag to Extend Bhushan CSP Facility
Feb. 29, 2008 - Bhushan Power & Steel places an order with SMS Demag for the extension of its CSP facility.
Severstal to Install New Beam Production Facility at Cherepovets
Feb. 29, 2008 - Severstal announces plans to invest $500m to install a new EAF-based steelmaking shop and heavy beam mill at its Cherepovets steel mill.
ArcelorMittal Fos-sur-Mer Employs AIS BetaPlanner for HSM Scheduling
Feb. 27, 2008 - ArcelorMittal’s Fos-sur-Mer facility has been successfully scheduling its daily hot strip mill operations with the AIS BetaPlanner mill scheduling solution since October 2006.
Mechel to Form Long-Term Partnership with Russian Railways
Feb. 27, 2008 - Mechel OAO signs agreement to form a long-term, mutually beneficial partnership with Russian Railways in which Mechel will provide rails up to 100 meters long from a rail and structural steel mill to be built at the company’s Chelyabinsk Metallurgical Plant.
SMS Demag to Supply Cold Mill, Continuous Process Lines for Baoshan
Feb. 27, 2008 - Baoshan Iron & Steel places an order with SMS Demag to supply continuous annealing and pickling lines for hot and cold strip, as well as a 20-roll cold mill.
Vale, China Steel Agree to 65% Increase for Iron Ore Fines
Feb. 26, 2008 - Companhia Vale do Rio Doce concludes its iron ore fines price negotiations for 2008 with China Steel, resulting in a 65% increase in prices for Southern System fines.
SMS Demag to Provide Steelworks, CSP Plant for Tata Steel
Feb. 26, 2008 - Tata Iron & Steel awards order to SMS Demag to supply an X-Melt converter meltshop and a CSP plant.
Siemens to Provide Equipment for Alchevsk Long Product Rolling Mill Ugrade
Feb. 25, 2008 - Siemens Metals Technologies will supply equipment for OJSC Alchevsk Iron and Steel Works’ long product rolling mill, including all mechanical and electrical equipment plus basic and process automation systems.
Nippon Steel, Sumitomo to Boost Stakes in Mitsui Mining
Feb. 25, 2008 - Nippon Steel and Sumitomo will boost their stakes in Mitsui Mining in a deal valued at 13.5 billion yen.
IISI Reports World Steel Production for January 2008
Feb. 25, 2008 - Steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 113.0 million tonnes in January — 4.9% higher than for the same month of 2007.
Workers Initiate Unlawful Strike at Rautaruukki’s Raahe Works
Feb. 22, 2008 - Trade Union employees at Rautaruukki's Raahe Works in Finland initiate a strike that the company says is in direct conflict with a commitment to industrial peace detailed in the workers’ current collective bargaining agreement.
ArcelorMittal to Increase Base Prices for Flat Carbon Products in Europe
Feb. 22, 2008 - ArcelorMittal announces a further 40 €/tonne price increase for its flat carbon products in Europe, which is in addition to an earlier increase of 12 to 15% for flat carbon steel prices in Europe.
ArcelorMittal Repurchases Shares from Carlos Tassara International
Feb. 21, 2008 - ArcelorMittal announces the repurchase of 25 million shares from Carlo Tassara International SA.
IISI, Steel Industry Renew Call for Review of BHP-Rio Tinto Alliance
Feb. 20, 2008 - Representing the interests of steel producers worldwide, the International Iron and Steel Institute renews its formal request that all relevant competition authorities review the proposed alliance between BHP Billiton and Rio Tinto.
Tata Steel Management and Workers’ Union Sign Memorandum of Settlement
Feb. 20, 2008 - Management of Tata Steel and the Tata Workers' Union sign memorandum of settlement that provides for interim relief to qualifying employees of the company’s Steel Works and Tubes Division at Jamshedpur.
Evraz to Acquire up to 51% of China’s Delong Holdings
Feb. 20, 2008 - Evraz Group enters into share purchase agreement to acquire up to approximately 51% of the issued share capital of Delong Holdings Limited over an agreed period of time.
Iron Ore Prices to Increase 65% for Nippon Steel and Posco
Feb. 19, 2008 - Companhia Vale do Rio Doce concludes iron ore price negotiations for 2008 with Nippon Steel and Posco, resulting in a 65% increase in prices for Southern System fines.
Air Liquide to Provide High-Capacity Air Separation Units for Posco
Feb. 18, 2008 - Air Liquide signs contracts to design and build very large air separation units—each with a production capacity of over 3,000 tonnes of oxygen per day—with Posco in South Korea and with Shenhua Ningxia Coal in China.
VALE Reports 2007 Production
Feb. 18, 2008 - Companhia Vale do Rio Doce reports record production in 2007 of 296 million tonnes of iron ore, 17.6 million tonnes of pellets, and 247,900 tonnes of finished nickel, in addition to copper, bauxite, alumina, aluminum, kaolin, and cobalt.
Mechel Stampings Plant Certified in European Standards Audit
Feb. 15, 2008 - Specialists unanimously confirm that railway axle manufacturing equipment at Urals Stampings Plant OAO is in compliance with the high standards for manufacturing railway axles for the European market.
Gerdau Announces 2007 Consolidated Results
Feb. 15, 2008 - The Gerdau Group reports consolidated net income of R$ 4.3 billion on consolidated net sales of R$ 30.6 billion for 2007.
ThyssenKrupp Reports Results for Fiscal 1st Quarter
Feb. 14, 2008 - ThyssenKrupp reports earnings before taxes of €646 million for the first quarter of 2007/2008, with order intake and sales reaching the same high levels as in the prior-year quarter.
ArcelorMittal Reports Record Results for 2007
Feb. 14, 2008 - ArcelorMittal announces net income of $2.4 billion on sales of $28.0 billion for the fourth quarter, and net income of $10.4 billion on sales of $105.2 billion for the twelve-month period ended December 31, 2007.
Tata Steel Division Honored for Safety Performance at Coal Mines Safety Week
Feb. 13, 2008 - The Golden Jubilee annual coal mines safety week for the Ranchi-Koderma Region culminates with a prize distribution ceremony at Tata Steel’s West Bokaro Division.
ThyssenKrupp VDM Starts up Expanded Wire Production Facility
Feb. 13, 2008 - ThyssenKrupp VDM GmbH has relocated its wire production to Werdohl, near the company’s headquarters, with the startup of a new, state-of-the-art production line for nickel alloy and high-alloy special stainless steel wire.
Outokumpu and Al-Hejailan Group Join Forces in Middle East
Feb. 13, 2008 - Stainless steel producer Outokumpu will form a 51/49 stainless steel tubular joint venture with Armetal, a Saudi Arabian manufacturer of architectural stainless steel.
View Archives

 

 

IndustryStats
Advertise on SteelNews.com
Jobs
Advertise on Steelnews.com