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Latest News:
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ArcelorMittal Ostrava Celebrates 60th Anniversary
Feb. 3, 2012 - ArcelorMittal Ostrava held a commemorative event celebrating the 60 years that have passed since Stanislav Najvrt lit the first blast furnace in the presence of then-President of the Republic, Antonín Zápotocký.
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Saarstahl Announces Personnel Changes
Feb. 2, 2012 - Dr. Klaus Harste has asked the Supervisory Board to release him from his duties as Chairman of the Management Board of Saarstahl AG with responsibility for Engineering and Technology. Dr. Karlheinz Blessing will be recommended to the Supervisory Board to assume the office of successor to the Chairman of the Board.
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Ruukki to Initiate Project to Improve Competitiveness
Feb. 2, 2012 - Ruukki Metals plans to initiate a project aimed at operations across the division to achieve a permanent annual improvement of around EUR 50 million in earnings performance as well as business profitability at a production utilization rate of 80%.
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Siemens to Modernize Two Bar Mills for Diaco in Colombia
Feb. 2, 2012 - Diaco, the Colombian branch of Brazilian company Gerdau, has contracted Siemens VAI Metals Technologies to modernize two bar mills at its Tuta and Tocancipá locations, scheduled to come into operation at the end of 2012.
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Ruukki Named to Gold Class in SAM Sustainability Yearbook
Feb. 1, 2012 - Ruukki has received Gold Class and Sector Leader distinctions from Sustainability Asset Management (SAM) for its position as the leading steel company committed to sustainable development. The results have been published in the Sustainability Yearbook 2012.
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ThyssenKrupp and Outokumpu to Combine Stainless Steel Businesses
Feb. 1, 2012 - ThyssenKrupp and Outokumpu announced the combination of Outokumpu with Inoxum, the stainless steel unit of ThyssenKrupp, to create a new global leader in stainless steel. Agreements have been approved by the Supervisory Board of ThyssenKrupp AG and the Outokumpu Board of Directors.
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Sandvik Celebrates 150 Years on January 31
Jan. 31, 2012 - The Sandvik Group will celebrate its 150th anniversary on January 31. At the time of its formation, Sandvik was first in the world to use the Bessemer process, which would later revolutionize the production of steel.
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OJSC MMK Appoints Deputy CFO
Jan. 30, 2012 - MMK announced the appointment of Alexander Andrianov as Deputy CEO on Finance and Economics (Chief Financial Officer), according to the Order of MMK CEO Boris Dubrovsky.
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Kobe Steel Establishes Steel Wire Processing Company in China
Jan. 27, 2012 - Kobe Steel, Ltd. has established a company in Foshan, Guangdong Province, China to make steel wire for use in high-quality springs. The new company, Kobelco Spring Wire (Foshan) Co., Ltd., will begin operations in the first half of 2013.
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SMS Meer to Expand Bar Mill for Deutsche Edelstahlwerke
Jan. 27, 2012 - Deutsche Edelstahlwerke has contracted SMS Meer for the expansion of the 3-roll Precision Sizing Mill at its Siegen-Geisweid, Germany, plant to include an automatic size control system with cross-section measuring module. The project is scheduled to be implemented in spring 2012.
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NLMK’s Long Steel Division Re-launches EAF No. 1
Jan. 25, 2012 - NSMMZ, NLMK’s Urals-based Long Steel Division steelmaking facility, has successfully re-launched the second electric arc furnace at its Revda steelmaking facility following repairs to a transformer.
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Siemens to Supply Bar Mill for ASCE Group OJSC, Armenia
Jan. 25, 2012 - Siemens VAI Metals Technologies has received an order from Armenian steelmaker ASCE Group OJSC to supply a new bar mill for its production location in Charentsavan. The scope of the project includes the mechanical equipment, electric and automation, the water treatment plant, and auxiliaries.
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Izhora Pipe Mill Produces Record 500,000 Tonnes of LD Pipes
Jan. 25, 2012 - OAO Severstal announced that its pipe production unit, the Izhora Pipe Mill, produced more than 500,000 tonnes of large-diameter (LD) pipes in 2011, representing a 10% increase on 2010 production levels, primarily for use in major oil and gas projects in Russia.
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SAIL Inaugurates New Unit at Rourkela Steel Plant
Jan. 24, 2012 - Air Separation Unit-3 at Tonnage Oxygen Plant-II of SAIL's Rourkela Steel Plant has been inaugurated by Chairman C.S. Verma, who also inaugurated the High Top Pressure at Blast Furnace-III at the plant.
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Siemens to Supply Baku Steel with EAF, Waste Gas Cleaning Plant
Jan. 24, 2012 - Azerbaijani steel producer Baku Steel has ordered a new electric arc furnace from Siemens VAI Metals Technologies as part of an expansion project to raise its production capacity to around 1.1 million tonnes of steel per annum. The project also includes the supply of mechanical equipment for a ladle furnace and a waste gas cleaning system.
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JSW Steel Reports Highest-Ever Production Volume for Q3 FY 2011-12
Jan. 23, 2012 - JSW Steel Limited reported the production of 1.939 million tons of crude steel, the company’s highest-ever quarterly volume of production, as well as highest-ever quarterly sales volume of 1.908 million tonnes of steel in the third quarter of FY 2011-12.
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ThyssenKrupp Steel Europe Trains New Experts in Industrial Firefighting
Jan. 23, 2012 - Eighteen young firefighters recently completed an 18-month chief fire officer training course at ThyssenKrupp Steel Europe in Duisburg. After they complete 10 months of intensive practical and paramedic training, they will be given permanent jobs at the company’s sites in Duisburg, Bochum, Dortmund, and Siegerland.
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Siemens to Expand Bhushan Steel Hot Strip Mill
Jan. 18, 2012 - Bhushan Steel Ltd. has contracted Siemens to supply the electrical and automation equipment for the expansion of its existing hot-strip mill in Meramandali, in the Indian Federal State of Orissa. The equipment is scheduled to be supplied in 2012.
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Baosteel Orders New Bar Mill from Siemens
Jan. 17, 2012 - Siemens VAI Metals Technologies has received an order from Baosteel Engineering & Technology Co. Ltd. to supply a new bar mill to the Shaoguan Iron and Steel Group that is to commence operation in early 2013.
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Metaldom Signs MOU to Explore Construction of DRI-HBI Facility in Trinidad and Tobago
Jan. 16, 2012 - Complejo Matalurgico Dominicano S.A. (Metaldom) has entered into a Memorandum of Understanding (MOU) with the National Gas Co. of Trinidad and Tobago Ltd., National Energy Corp. of Trinidad and Tobago Ltd., Severstal North America, and Neal & Massy Holdings Ltd. to undertake a feasibility study for the establishment of a vertically integrated iron and steel complex.
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Siemens to Modernize Medium-Section Mill for Riva
Jan. 13, 2012 - Siemens VAI Metals Technologies has received an order from Riva Acciaio to modernize the roughing train of the medium-section mill in Sellero, Italy, which is scheduled for completion in the second half of 2012.
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Vale Declares Force Majeure on Iron Ore Shipments
Jan. 13, 2012 - Vale announced that it is declaring force majeure (FM) on a number of its iron ore sales contracts effective from January 11, 2012 as a result of high rainfall that has been ongoing since mid-December in the Brazilian states of Minas Gerais, Rio de Janeiro and Espírito Santo.
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Mechel Finishes Laying Railway Tracks to Elga Coal Complex
Jan. 13, 2012 - Mechel OAO has finished laying tracks along the entire route of the railway link from Ulak station to the Elga coal deposit, opening traffic along the entire route from Baikal-Amur Mainline’s Ulak station to the Elga deposit.
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ISSF Launches Website Celebrating 100 Years of Stainless Steel
Jan. 12, 2012 - The International Stainless Steel Forum has launched a website dedicated to the history of stainless steel and its innovative applications in celebration of the century that has passed since the creation, patenting and production of stainless steels.
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SAIL Honored with Skoch Award for Financial Inclusion
Jan. 11, 2012 - Steel Authority of India Limited was recently awarded the Skoch award for Financial Inclusion under the category of 'Women Empowerment', in recognition of various initiatives in the area of inclusive growth and poverty alleviation.
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Tata Steel Reports Production Results for Third Quarter
Jan. 10, 2012 - Tata Steel announced the production of 1.724 million tonnes of crude steel in the third quarter of fiscal year 2012, as compared to production of 1.742 million tonnes of crude steel in the previous quarter and production of 1.766 million tonnes in the year-ago third quarter.
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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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