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January World Crude Steel Production Down 7.8% vs. January 2011

Wed, 22 Feb 2012 00:00:00 GMT

World crude steel production for the 59 countries reporting to the World Steel Association stood at 116.7 million tonnes for January 2012, 7.8% lower in comparison with January 2011 and 0.3% lower than the previous month, December 2011.

NLMK Commissions Duplex RH-TOP Plant from SMS Mevac

Wed, 22 Feb 2012 00:00:00 GMT

The metallurgical combine of Novolipetsk (NLMK), located in Lipetsk, Russia, has successfully commissioned the RH-TOP plant supplied by SMS Mevac, which will be used for the production of ultra-low-carbon steels and low-alloy grades for pipes and tubes and for shipbuilding.

Siemens Delivers Secondary Dedusting System for Severstal Converter

Wed, 22 Feb 2012 00:00:00 GMT

Siemens VAI Metal Technologies received an order from OAO Severstal to install a secondary dedusting system in the converter steelmaking plant at the Cherepovets production site. The new secondary dedusting system is scheduled to go into operation in mid-2015.

Tata Steel Expands Narrow Strip Offering

Wed, 22 Feb 2012 00:00:00 GMT

Following extensive trials at its narrow strip mill, in Rotherham, UK, Tata Steel has expanded its hot rolled gauge capability to 13.5 mm.

Posco to Acquire a Stake in Maranatha

Wed, 22 Feb 2012 00:00:00 GMT

Posco recently signed a Memorandum of Agreement with Gurta, Switzerland, and Anchor Holdings, Zimbabwe, to acquire a stake in Maranatha, a Zimbabwean ferrochrome smelting company.

Severstal Completes Upgrade of Air Heater for Cherepovets Blast Furnace No.5

Tue, 21 Feb 2012 00:00:00 GMT

ОАО Severstal announced completion of the upgrade of the air heater of its blast furnace No. 5 at its Cherepovets Steel Mill.

Vale Approves 'Clean AER' Project

Tue, 21 Feb 2012 00:00:00 GMT

Vale has approved a $2 billion investment in the "Clean AER” (atmospheric emissions reduction) Project, which will see sulfur dioxide emissions at Vale's smelter in Sudbury, Ont., reduced by 70% from current levels. Project completion is estimated near the end of 2015.

Maanshan Commissions SMS Mevac Duplex RH Plant

Tue, 21 Feb 2012 00:00:00 GMT

Maanshan Iron & Steel (Group) Co., Ltd., in Maanshan, China, has successfully commissioned the new duplex RH plant delivered by SMS Mevac GmbH, Germany. The plant is designed to treat heats with a nominal weight of 120 tonnes and features two treatment positions.

Tenova Roller Hearth Furnaces Enter Startup at Tata Steel’s New TSCR Plant

Tue, 21 Feb 2012 00:00:00 GMT

Dry-out was recently carried out successfully for a roller hearth furnace at Tata Steel's Thin Slab Casting & Rolling plant (TSCR) in Jamshedpur, India.

AISI Moves to Capitol Hill

Tue, 21 Feb 2012 00:00:00 GMT

The American Iron and Steel Institute (AISI) has moved its headquarters to 25 Massachusetts Ave. NW, next to Union Station, with closer access to Capitol Hill.

Stainless Imports up 22% Through YTD November 2011

Mon, 20 Feb 2012 00:00:00 GMT

Total stainless imports reached 728,648 tons through YTD November 2011, a 21.8% increase compared to YTD November 2010 according to the latest report from SSINA. Total specialty steel imports (comprising stainless steel, alloy tool steel and electrical steel) reached 937,322 tons through the same period, a 22.8% increase.

December ’11 Steel Shipments Up 9.2% from November

Mon, 20 Feb 2012 00:00:00 GMT

U.S. steel mills shipped 8,085,761 net tons for the month of December 2011, a 9.2% increase from the 7,404,828 net tons shipped in the previous month according to the latest release from AISI.

SSAB to Increase Production at Oxelösund

Mon, 20 Feb 2012 00:00:00 GMT

SSAB has announced plans to increase hot metal production in Oxelösund in response to improved demand for quenched steels, first and foremost within SSAB Americas.

SMS Mevac to Supply New RH Degasser, Upgrade Existing RH Plant for Shanxi Taigang

Mon, 20 Feb 2012 00:00:00 GMT

Taigang Group International Trade Co., Ltd., located in Taiyuan, China, recently contracted SMS Mevac and SMS Siemag Technology (Beijing) Co., Ltd. to supply a new RH recirculation degasser with TOP-lance system and to convert the existing fast-vessel-change RH plant into a duplex RH plant.

Reliance Steel & Aluminum Reports 2011 Financial Results

Mon, 20 Feb 2012 00:00:00 GMT

Reliance Steel & Aluminum Co. reported net income of $67.9 million on Sales of $2.03 billion for the fourth quarter, and net income of $343.8 million on sales of $8.13 billion for the year ended December 31, 2011.

Steel Dynamics to Expand Production of SBQ Steels

Fri, 17 Feb 2012 00:00:00 GMT

Steel Dynamics will expand the company’s Engineered Bar Products Division in Pittsboro, Ind., with the addition of a second rolling line that will permit concurrent production of small-diameter precision and larger-diameter bars.

US and Canadian Service Center Shipments Show Year over Year Growth

Fri, 17 Feb 2012 00:00:00 GMT

Shipments from US and Canadian service centers continued to grow on a year-over-year basis in January 2012, according to the latest Metals Activity Report from the Metals Service Center Institute.

Siemens to Supply Ladle Furnace, Turret for Zhangjiagang Pohang Stainless Steel

Fri, 17 Feb 2012 00:00:00 GMT

Zhangjiagang Pohang Stainless Steel, China, has ordered a ladle furnace with a ladle turret from Siemens.

JSW Steel to Become Equity Method Affiliate of JFE Steel

Fri, 17 Feb 2012 00:00:00 GMT

JFE Steel Corporation raises its ownership ratio in JSW Steel Limited to 15% by partly converting global depositary receipts with no voting rights into common shares.

worldsteel Announces steeluniversity Challenge World Champions

Fri, 17 Feb 2012 00:00:00 GMT

The World Steel Association (worldsteel) announced the sixth steeluniversity.org Challenge’s world champions: a team from Shougang Qiangang in China for the category for young steel industry employees, and a team from Universidade Federal do Ceara in Brazil for the student category.

Tenova to Supply Walking Beam Furnaces for New Tata Steel Plant

Thu, 16 Feb 2012 00:00:00 GMT

Tenova LOI Italimpianti and Tenova Hypertherm will begin 2012 by supplying three 350 tonnes/hour walking beam furnaces to the new Tata Steel plant in Kalinganagar, in Orissa, India.

Baosteel Cuts SO2 Emissions by 50% in Four Years

Thu, 16 Feb 2012 00:00:00 GMT

According to its latest statistics, Baosteel Co., Ltd. has cut total SO2 emissions by over 50% since 2008. Its SO2 emissions in 2008 exceeded 30,000 tonnes, while in 2011 the emission was 15,000 tonnes.

Russel Metals Reports Strong 2011 Results

Thu, 16 Feb 2012 00:00:00 GMT

Russel Metals Inc. announced earnings of $29 million on revenues of $712 million for the fourth quarter and earnings of $118 million on revenues of $2.7 billion for the full year 2011.

ALJ Announces 1st Quarter Earnings

Thu, 16 Feb 2012 00:00:00 GMT

ALJ, the parent company of Kentucky Electric Steel, reported a net profit of $1.724 million on net sales of $38.90 million for the first quarter ended December 31, 2011.

Mechel Suspends Operation of Two Romanian Plants Due to Weather

Thu, 16 Feb 2012 00:00:00 GMT

Mechel OAO reports that work was temporarily halted at Mechel Campia Turzii and Ductil Steel Buzau plants due to problems with shipping in raw materials because of severe weather conditions.

ThyssenKrupp Reports Stable Order Intake, Sales in First Quarter

Wed, 15 Feb 2012 00:00:00 GMT

In its fiscal first quarter, ThyssenKrupp Group was able to hold orders (€10.1 billion, up 1%) and sales (€9.9 billion, down 1%) from continuing operations (without Inoxum) steady year-on-year.

EUROPIPE to Supply Pipe for Australian Sub-Sea Pipeline

Wed, 15 Feb 2012 00:00:00 GMT

Large-diameter pipe manufacturer EUROPIPE GmbH has been contracted to supply the main part of a major offshore project, the Ichthys LNG (liquefied natural gas) Project.

SMS Elotherm and Tech Induction Form Partnership in U.S.

Wed, 15 Feb 2012 00:00:00 GMT

SMS Elotherm and Tech Induction Corp. have teamed up to improve the support of customers in North America, allowing the two partners to offer a wider range of products and services. Tech Induction will contribute to the joint business a 3500-square-meter production workshop in Detroit.

MMK Honored for Growth, Efficiency, Responsibility Efforts

Wed, 15 Feb 2012 00:00:00 GMT

MMK won first place for the nomination “Social programs for employees, supporting motherhood and childhood” in recognition of the company’s achievements in corporate social responsibility in 2011. The annual award is granted by the Russian Union of Industrialists and Entrepreneurs.

Baosteel European, Japanese Branches Cope with Cold Weather, Snow

Wed, 15 Feb 2012 00:00:00 GMT

Baosteel's overseas branches have recently been impacted by a severe cold spell invasion in European countries and heavy snowfall in Japan. The severe weather has brought inconvenience to the local people's work and life.