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Latest News:
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JFE Steel to Supply Line Pipe for Wheatstone Project
Apr. 19, 2012 - JFE Steel Corp., in cooperation with Marubeni-Itochu Steel Inc., has been awarded an order to supply approximately 150,000 tonnes of DNV-grade-450 UOE line pipe for the Chevron-operated Wheatstone Project in Western Australia.
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Tenova Acquires Bateman Engineering
Apr. 18, 2012 - Tenova has closed its acquisition of Bateman Engineering N.V., which includes Delkor group, a leading equipment supplier and engineering house for the mining industry.
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Tata Steel to Add Dedicated Zinc Pot at IJmuiden Works
Apr. 18, 2012 - Tata Steel plans to invest in an additional zinc-pot operation at its IJmuiden works in the Netherlands that will focus exclusively on the production of MagiZinc® Auto coated steels for the automotive industry.
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Posco-ICPC Celebrates National Safety Day
Apr. 17, 2012 - Posco-ICPC recently celebrated the 41st National Safety Day that featured high-profile government officials and included a safety quiz for shop-floor employees, after which the workers with the top five scores were given prizes.
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Posco Completes Continuous Galvanizing Line
Apr. 17, 2012 - Posco completed an annual 750,000-tonne-scale Continuous Galvanizing Line at Pohang Steelworks, enabling it to manufacture various products including plated steel sheets and others with consistent quality and high strength.
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Ruukki Reports Fire at Raahe Works
Apr. 16, 2012 - Ruukki reported that it sustained a fire at its Raahe Works caused by a breakout in the slag pot in the steel plant’s ladle furnace area.
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SAIL Receives Award for Corporate Governance
Apr. 16, 2012 - The President of India presented the SCOPE Meritorious Award for Corporate Governance for 2010-11 to Maharatna Steel Authority of India Ltd. (SAIL), recognizing the company's commitment to transparency, disclosures, and reporting that conforms fully to laws, regulations, and guidelines.
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Baosteel Wins Shanghai S&T Progress Award for High-Strength Thin Strip Technology
Apr. 16, 2012 - A subsidiary of Baosteel Group, Baoshan Iron & Steel Co., Ltd., was awarded the Shanghai S&T Progress Award (first class) at the recent Conference of Shanghai Science and Technology Awards 2011, for its R&D project on Integrated Technologies in Advanced High-Strength Thin Strip Steel in aspects of Products, Process and Equipment.
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ThyssenKrupp Nirosta Permitted to Dispose Slag at Marbach Landfill
Apr. 13, 2012 - ThyssenKrupp Nirosta has received permission from Hagen environmental agency to continue to operate and increase the capacity of the Marbach landfill in Bochum-Hamme. The approval notice allows the company to dump slag from its neighboring Bochum stainless steel mill.
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Posco Celebrates Anniversary, Looks Ahead to 2020
Apr. 11, 2012 - Posco recently hosted a commemorative ceremony at Pohang headquarters for the 44th anniversary of its founding. CEO Chung Joonyang introduced the “Posco Family Vision 2020,” selecting steel, comprehensive materials, and energy as the three core businesses.
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Baosteel High-end Valve Steel Used in Toyota Engine
Apr. 11, 2012 - Baosteel Special Materials Co., Ltd. reported that after more than four years of efforts, the company's high-end valve steel has passed Toyota’s and the engine valve manufacturer's certification and will be used in Toyota engine assembly.
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Harsco Group Awarded Three New Contracts
Apr. 11, 2012 - Harsco Corp. announced three multiyear contract awards for onsite steel mill services from new customers in Bahrain, Sweden, and Chile totaling more than $135 million in projected revenues.
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Metinvest Prepares to Launch PCI at Ilyich Steel
Apr. 10, 2012 - Ilyich Iron & Steel Works of Mariupol is close to finishing the construction and erection works and installation of the power system to support the PCI (pulverized coal injection) plant. In early May, the company plans to test the facility, and in July, process tests with injection of the fuel in blast furnaces are scheduled.
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Essar Steel Commissions Phase I of Pellet Plant
Apr. 10, 2012 - Essar Steel has commissioned a 6 million tonnes-per-annum (MTPA) pellet making facility in Odisha. This is the first phase of the 12-MTPA pellet plant to be commissioned by 2013.
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Mechel Receives Russia-Korea Business Award
Apr. 9, 2012 - Mechel recently won the Russia-Korea Business Awards’ Best Corporation nomination at a ceremony in Seoul. The company has strong partnership ties with major South Korean companies such as Posco and Hyundai Steel.
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Siemens Develops New Sublance for LD Converters
Apr. 9, 2012 - Siemens VAI Metals Technologies offers LD (BOF) steel works operators the Simetal Sublance 2.0, a new lance system for temperature and oxygen measurement, sample-taking, and bath level detection.
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Metinvest to Increase Investments in Krivoy Rog
Apr. 5, 2012 - Metinvest Group and the municipality of Krivoy Rog signed an agreement to jointly solve key social issues. The volume of investments in 2012 will comprise nearly UAH 40 million, almost double that of 2011.
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ArcelorMittal Ostrava Cuts Annual Solid Emissions by 40%
Apr. 5, 2012 - ArcelorMittal Ostrava cut its emissions of solid pollutants by 40% over the past year, releasing 669 tonnes of dust particles into the air in 2011. A program of environmental investments worth close to three quarters of a billion Czech crowns was started this year that will cut sulfur dioxide emissions from its coking and steel plants.
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Tenova Goodfellow to Supply EFSOP System to AICHI Steel
Apr. 4, 2012 - Tenova Goodfellow has received a purchase order from Sumitomo Shoji Machinex Co., Ltd., on behalf of AICHI Steel, to supply one Goodfellow EFSOP® holistic optimization system for the AICHI plant in Tokai-Shi, Aichi-Ken, Japan.
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BHP Billiton Announces Change in Iron Ore Leadership
Apr. 3, 2012 - Iron Ore President, Ian Ashby, is leaving BHP Billiton on July 1, 2012, after more than 25 years with the company. He will be succeeded by Jimmy Wilson, currently BHP Billiton Energy Coal President.
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Vallourec Presents New Marine Tube System for Offshore Wind Turbines
Apr. 3, 2012 - Vallourec has developed its patented PREON® marine tubes system to anchor offshore wind turbines to the seabed. The solution allows offshore wind turbine foundations to be installed with less effort, noise, and at a lower depth compared to existing solutions, the company claims.
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Rio Tinto Joins New Iron Ore Trading Network
Apr. 2, 2012 - Rio Tinto has become a member of the new China Beijing Metals Exchange (CBMX), an electronic trading platform that will provide participating members with an additional iron ore trading channel in the China market.
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Andritz Acquires Furnace Specialist Bricmont
Apr. 2, 2012 - International technology Group Andritz has acquired Bricmont Inc. from Inductotherm Group. Andritz Bricmont will continue to supply furnace systems to the aluminum and steel industries.
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Posco Holds Training Program for QSS Leaders from Overseas
Mar. 30, 2012 - Posco recently held a two-week training session at the Future Creation Academy in Pohang for QSS Leaders from overseas subsidiaries. Participants came from five countries: Malaysia, Turkey, Indonesia, Japan, and India.
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voestalpine Announces Fourth Group Division
Mar. 29, 2012 - The voestalpine AG Supervisory Board unanimously agreed to adopt the resolution on the new Group structure. The Automotive Division and Profilform Division will be amalgamated to create the Metal Forming Division, which will be headed by Herbert Eibensteiner.
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JFE Steel to Study Feasibility of Integrated Steelworks in Vietnam
Mar. 28, 2012 - JFE Steel Corp. has signed a memorandum of understanding with the E United Group, a Taiwanese corporate group, to study the feasibility of building and operating an integrated steelworks in Vietnam for which JFE Steel would be the majority shareholder.
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Posco CEO Joonyang Chung Starts Second Term
Mar. 27, 2012 - Posco recently held the 44th Ordinary General Meeting of Shareholders at the Seoul Posco Center, re-electing Chung Joonyang as CEO and electing Outside Director Han Joonho as the Chairman of the Board of Directors.
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SAIL Inaugurates Emission-Free Coke Batteries at Bokaro
Mar. 27, 2012 - SAIL Chairman CS Verma recently inaugurated two rebuilt coke oven batteries at the Bokaro Steel Plant of Maharatna Steel Authority of India Ltd. (SAIL). He also inaugurated the Coil Packaging Line-2 of the new cold rolling mill as well as the Centre of Excellence.
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Metinvest Honored for CSR among Ukrainian Businesses
Mar. 26, 2012 - Metinvest was ranked highest among Ukrainian businesses for its corporate social responsibility (CSR) activities, recognizing that the company carried out transparent and systemic activities, and integrated CSR into business-planning and its general strategy.
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Posco Develops Steel Bodies for Electric Vehicles
Mar. 26, 2012 - Posco started development of its PBC-EV (Posco Body Concept-Electric Vehicle) in 2010 to generate profit from high value-added products. The concept employs at least 40% more high-quality steel than traditional automobile bodies.
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Tata Steel Calls for LCA Approach to Building Sustainability
Mar. 26, 2012 - Tata Steel recently took part in a presentation on Life Cycle Analysis (LCA) at an Ecobuild sustainable building event in London, where Tata Steel sustainability expert John Dowling covered the steel industry view of LCA and why it is important to consider the whole life of buildings from cradle to grave.
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Mechel Could Lose Mining License for Key Asset
Mar. 26, 2012 - Mechel OAO might lose its mining license for one of its key assets, Yakutugol subsidiary, due to major violations discovered by the Russian Ministry of Natural Resources. Yakutugol represents about 30% of Mechel's coal output.
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Kobe Steel to Invest in Southdown Iron Ore Project in Australia
Mar. 23, 2012 - Kobe Steel, Ltd. has reached agreement with trading firm Sojitz Corp. to take a 33% equity share in Sojitz Resources & Technology Pty Ltd. By acquiring these shares in Sojitz, Kobe Steel will indirectly hold a 9.9% interest in the Australian Southdown iron ore project.
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Global Stainless Production Reaches New Record in 2011
Mar. 22, 2012 - World crude steel production grew by 3.3% in 2011, reaching a total of 32.1 million tonnes according to the latest report from the International Stainless Steel Forum (ISSF). The 2011 total represents a new stainless steel production record for a single year.
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Essar Commissions Two Relocated Corex Units
Mar. 21, 2012 - Essar Steel India recently commissioned two Corex C-2000 plants originally supplied by Siemens VAI Metals Technologies and relocated from Korea to India at the Hazira steelworks. The plants have been modernized by Siemens with new special equipment and automation systems.
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February World Crude Steel Production Up 1.9% vs. February 2011
Mar. 21, 2012 - World crude steel production for the 59 countries reporting to the World Steel Association stood at 119.2 million tonnes for February 2012, 1.9% higher in comparison with February 2011 and 2.1% higher than the previous month, January 2012.
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Posco Provides Training for Indonesian Joint Venture
Mar. 20, 2012 - The steel plate department at Posco Pohang Works recently invited 15 Krakatau Posco employees to participate in an introductory training session that included an orientation, lectures on basic knowledge in plate production, and on-site practical training.
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Tata Steel Opens Steel Distribution Center at Teesside
Mar. 19, 2012 - The new center will be responsible for managing and distributing around 100,000 tonnes of the company’s construction steel stock from the Teesside Beam Mill, the sections mill in Scunthorpe, North Lincolnshire, and Tata Steel’s tubes mills in Corby, Northamptonshire.
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Baosteel Steel Canmaking to Begin Lid Making
Mar. 16, 2012 - Baosteel Canmaking recently began lid making for Baosteel Metal’s five subordinating canmaking companies. Completion of its canmaking project enables the company to form a complete industrial chain in the packaging business.
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Zhangjiagang Hongchang Orders Two Twin-Ladle Furnaces from Siemens
Mar. 16, 2012 - Zhangjiagang Hongchang Plate Co. Ltd. has awarded Siemens VAI Metals Technologies an order to supply two twin-ladle furnaces for its new converter steelworks in the city of Zhangjiagang in Jiangsu Province. Both secondary metallurgical facilities are scheduled for commissioning in spring 2013.
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SMS Siemag Modernizes Converter at ArcelorMittal
Mar. 16, 2012 - ArcelorMittal Asturias, Spain, recently took into operation a new converter that features SMS Siemag’s lamella suspension and a 25% higher specific volume compared to the site’s first converter.
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Voestalpine to Close TSTG Schienentechnik
Mar. 14, 2012 - The Management Board of voestalpine AG decided to end production at its Duisberg subsidiary, TSTG Schienentechnik GmbH & Co KG, due to the site’s inability to operate cost-effectively. Closure will occur at the end of 2012 at the earliest.
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Posco Completes Construction of Stainless Cold Mill in Vietnam
Mar. 13, 2012 - Posco recently completed the construction of an annual 150,000-tonne scale stainless cold-rolled factory within the Nhon Trach Industrial Complex located near Ho Chi Minh. Posco plans to install an additional rolling machine by 2015 to increase annual production to 285,000 tonnes.
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Tata Steel Website Refreshed with New Features, Improved Visitor Interface
Mar. 12, 2012 - Valueabled.com, Tata Steel's attempt to trigger a debate on the role of values in Indian society, has unveiled a new avatar along with new sections and new means of accessing the site, including a WAP version and Tablet Application. Most of these changes were triggered through the website's fans and followers.
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Mechel Reports Suspension of Smelting at Otelu Rosu
Mar. 12, 2012 - Mechel OAO reports that the company has temporarily halted smelting production at its Otelu Rosu facility due damages to the facility’s EAF when slag and steel leaked through the unit’s inner lining.
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Harsco Awarded New Contract for Alfa Acciai Mill in Brescia
Mar. 12, 2012 - Harsco Corp. has been awarded a new six-year contract for steel mill services at Alfa Acciai Group’s Brescia steel mill in northern Italy. Harsco will develop and manage a new scrap yard and provide services for processing the mill’s EAF slag.
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Kobe Steel to Expand Titanium Capacity
Mar. 9, 2012 - Kobe Steel announced plans to increase its production capacity of titanium alloys and commercially pure titanium. The plan calls for construction of a new ring rolling mill as well as the installation of heat treatment and inspection equipment for large forged products.
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JSW Reports 13% Increase in Crude Steel Production for February
Mar. 7, 2012 - JSW Steel Limited reported monthly Crude Steel production of 610,000 tonnes in February 2012, representing a growth of 13% over corresponding month of previous year. YTD crude steel production is 15% higher than in the comparable year-ago period.
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Nippon Steel and Sumitomo Metals Name CEO and COO of Integrated Company
Mar. 7, 2012 - At the recent meetings of the boards of directors of Nippon Steel Corp. and Sumitomo Metal Industries, Ltd., the nomination of the Chairman and the President of Nippon Steel & Sumitomo Metal Corp.—the integrated company that is planned to be formed on October 1, 2012—was decided.
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NLMK Expands Ladle Metallurgy Facilities
Mar. 7, 2012 - NLMK has commissioned a new RH vacuum degasser designed for the production of four million tonnes/year of high-quality steel that will be cast on the facility’s continuous casting machines.
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Evraz Appoints Independent Non-Executive Director
Mar. 6, 2012 - Evraz plc announced the appointment of Alexander Izosimov as an Independent Non-executive Director of the EVRAZ Board. Izosimov will also become a member of the Evraz Board’s Remuneration Committee.
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Posco, Great Wall Sign Technology Cooperation Agreement
Mar. 5, 2012 - Posco recently signed a memorandum of understanding with the Great Wall Motor Co., pledging to take part in the Chinese automaker’s new auto development efforts, including its plan to use more high-strength steel.
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Outokumpu Delivers Stainless Quarto Plates for Solar Power Project
Mar. 2, 2012 - Outokumpu is supplying 650 tonnes of stainless steel quarto plates for the construction of a hot nitrate salt storage tank used at the Crescent Dunes Solar Energy power plant located in Tonapah, Nev. The plates are produced at Outokumpu’s quarto plate unit in Degerfors, Sweden.
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voestalpine Reveals Enhanced phs-ultraform Product
Mar. 2, 2012 - voestalpine will present at the Geneva Motor Show an enhancement to its patented phs-ultraform, a hot-dip galvanized high-strength steel developed for lightweight construction of car body panels. In conjunction with Swiss prototype manufacturer Rinspeed, a laser-welded door made of phs-ultraform will be on display.
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Siemens-Led Consortium to Supply New Sinter Plant for NMDC
Mar. 2, 2012 - National Mineral Development Corporation Limited (NMDC), an Indian government-owned mining company, has placed an order with a consortium headed by Siemens VAI Metals Technologies for the supply of a sinter plant on a full turn-key basis.
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TMS International Expands Operation in Taiwan
Mar. 1, 2012 - TMS International announced the expansion of its scrap yard operation in Taichung, Taiwan. The expansion will enable the company to meet increasing regional demand for steelmaking raw materials.
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Posco Selected as a Most Admired Company
Feb. 29, 2012 - Posco was recently ranked 2nd in the “2012 Korea’s Most Admired Companies” announced by KMAC. It has been listed as an All-Star Company for nine consecutive years and maintained 1st in the steel division of the per-industry evaluations.
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Dillinger Hutte Supplies Heavy Plate for Irish Sea Wind Farm
Feb. 29, 2012 - Dillinger Hütte supplied a total of about 36,000 tonnes of heavy plate ranging in thickness from 30 to 105 mm for Walney, which recently opened off England’s western coast and is said to be the world’s largest offshore wind farm covering an area of approximately 73 km².
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Ryerson Expands Into South America
Feb. 27, 2012 - Ryerson has expanded into South America for the first time with the acquisition of a 50% stake in Acofran Acos e Metais LTDA, a steel service center based in Sao Paulo, Brazil. The company's product line comprises primarily long products, specifically flat and round bar.
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ArcelorMittal Ostrava Donates Waste Heat to Neighboring Town
Feb. 27, 2012 - ArcelorMittal Ostrava reports that around 500 households in the town of Vratimov, which has a population of nearly 7000 inhabitants, are heated ecologically by its waste heat. As a result, Vratimov was able to shut down all of its boiler stations burning fossil fuels.
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Outokumpu Reports Radiation Incident at Tornio Site
Feb. 27, 2012 - Outokumpu's Tornio melting furnace was recently exposed to a source of radiation that has since been identified as americium. Four meltshop employees were exposed to radiation as they entered the melting furnace during maintenance work.
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Posco to Acquire a Stake in Maranatha
Feb. 22, 2012 - 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.
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Siemens Delivers Secondary Dedusting System for Severstal Converter
Feb. 22, 2012 - 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.
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NLMK Commissions Duplex RH-TOP Plant from SMS Mevac
Feb. 22, 2012 - 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.
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January World Crude Steel Production Down 7.8% vs. January 2011
Feb. 22, 2012 - 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.
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Maanshan Commissions SMS Mevac Duplex RH Plant
Feb. 21, 2012 - 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.
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Vale Approves 'Clean AER' Project
Feb. 21, 2012 - 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.
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SSAB to Increase Production at Oxelösund
Feb. 20, 2012 - 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.
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worldsteel Announces steeluniversity Challenge World Champions
Feb. 17, 2012 - 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.
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Baosteel Cuts SO2 Emissions by 50% in Four Years
Feb. 16, 2012 - 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.
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MMK Honored for Growth, Efficiency, Responsibility Efforts
Feb. 15, 2012 - 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.
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SMS Elotherm and Tech Induction Form Partnership in U.S.
Feb. 15, 2012 - 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.
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SSAB Makes Changes in Group Executive Committee
Feb. 14, 2012 - SSAB is developing and strengthening its Group Executive Committee, beginning with the promotion of Karl-Gustav Ramström, previously Head of Marketing, to the position of Executive Vice President, Chief Technical Officer (CTO).
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Daewoo International Plans for Expansion in Africa
Feb. 13, 2012 - Daewoo International is accelerating its mineral development efforts in resource-rich Africa, including plans to launch trial production this year at a nickel mine in Ambatovy, Madagascar, and to expand its focus on developing a network across a number of countries in Central Africa.
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Posco Boosts Social Contribution Activities in Africa
Feb. 10, 2012 - Posco recently celebrated completion of Children’s Development Center and the groundbreaking of Agricultural Training Institute in Harare, the capital of Zimbabwe. Posco is actively seeking to make investments in Africa to secure resources and is making efforts for social contribution activities.
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Qatar Steel Signs Slag Sale and Recycling Agreement
Feb. 9, 2012 - Qatar Steel has signed a slag sale and recycling contract with Slag Aggregate Producer that will enable better reuse and reinvestment while helping to consolidate and strengthen the co-operation ties between Qatar Steel and the private sector.
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Vale Employees Return to Sudbury Mines
Feb. 8, 2012 - Vale announced that employees have begun returning to the company’s five Sudbury area mines following a temporary suspension of operations to focus on safety. Operations were temporarily suspended after an employee was fatally injured on January 29.
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Metinvest to Invest $8 Billion at Mariupol-Based Steel Works
Feb. 8, 2012 - Metinvest has announced plans to invest on average $1 billion every year through 2020 in development of its Azovstal and Iliych iron and Steel Works. The investments will help the company expand annual steel output by 35% at the two facilities.
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BHP Approved for Initial Port Hedland Funding
Feb. 7, 2012 - BHP Billiton and its partners have received approval for US$917 million in pre-commitment funding for the construction of a 100 million tonne per year outer harbor facility associated with its Western Australia Iron Ore operations.
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Posco Recognized for Sustainability Efforts
Feb. 7, 2012 - Posco was ranked 30th in the Global 100 Most Sustainable Corporations in the World recently announced by Corporate Knights, a Canadian economic magazine in the World Economic Forum in Davos, Switzerland.
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Sandvik a Finalist in Swedish Arts and Business Awards 2011
Feb. 6, 2012 - The research and development collaboration between Sandvik Materials Technology and the Vasa Museum on Vasa bolt replacement has qualified for the finals of Kultur och Näringsliv, The Swedish Arts and Business Awards 2011.
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NLMK Reports Environmental Achievements at Lipetsk Site
Feb. 6, 2012 - NLMK’s main production site in Lipetsk allocated approximately RUR 4 billion on environmental protection projects in 2011. Around 100 environmental projects aimed at revamping and upgrading process equipment and operations have thus far been completed.
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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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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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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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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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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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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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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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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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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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Steel Minister Reviews Progress of Jagdishpur SAIL Unit
Jan. 31, 2011 - Shri Beni Prasad Verma, Steel Minister, Government of India recently reviewed progress of the ongoing modernization of the Jagdishpur SAIL Unit, where a galvanized sheet corrugation unit and warehouse are nearing completion.
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NLMK Completes Installation of New Waste Neutralization Plant
Jan. 31, 2011 - NLMK has finished the installation of a new environmentally friendly industrial waste neutralization plant with the capacity to process 1200 tonnes of waste per annum. The neutralization process combines waste incineration with high-temperature thermal decomposition.
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OAO Severstal Develops Ties with International Auto Facilities in Russia
Jan. 28, 2011 - Severstal continues to be an official supplier of rolled metal products for the Renault group in Russia, and also received positive test results for rolled metal products from HYUNDAI-KIA and Ford, which will enable it to start deliveries to those companies in the medium term.
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Nippon Tinplate Certified for HACCP
Jan. 28, 2011 - Nippon Steel’s tinplate for containers has been certified for HACCP, an international guideline for food safety. Certification was given to all of Nippon Steel’s plants in Japan that manufacture tinplate: Yawata, Nagoya and Hirohata.
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SAIL signs MoU for Indonesian Steel Plant
Jan. 27, 2011 - SAIL and International Coal Ventures Private Limited sign a Memorandum of Understanding with the Governor of Central Kalimantan, Indonesia for development of mineral deposits in the province of Central Kalimantan as well as establishment of both a mineral processing facility and a steel plant.
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Aperam Appoints Independent Directors, Clarifies Dividend Policy
Jan. 25, 2011 - ArcelorMittal as sole shareholder of Aperam appointed two new independent members to the Board of Directors for Aperam, the new company to which ArcelorMittal's stainless and specialty steels business is expected to be spun off on January 25.
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World Stainless Production Hits New High in Q3 2010
Jan. 25, 2011 - World-wide stainless steel crude steel production reached 23 million tonnes in the first nine months of 2010, a 29% increase compared to the same period of 2009, according to the latest report from the International Stainless Steel Forum.
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2010 World Crude Steel Production Finishes 15% Ahead of 2009
Jan. 24, 2011 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 116.2 million tonnes in December 2010 — a 1.3% increase from the previous month (November 2010). Full-year production, at 1395.46 million tonnes, reflects a 15.2% increase over 2009.
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worldsteel Selects New Director General
Jan. 21, 2011 - The World Steel Association (worldsteel) announces the appointment of Edwin Basson as its newest Director General. He will succeed Ian Christmas on August 1, 2011 subject to the formal approval of the worldsteel Board in April.
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MMK Approved for Joint Implementation Project within Kyoto Protocol Framework
Jan. 21, 2011 - The Russian Ministry of Economic Development has approved the Joint Implementation project “Implementation of arc-furnace steelmaking at Magnitogorsk Iron and Steel Works”. The project has been implemented in accordance with the rules of the Kyoto Protocol to the United Nations Framework Convention on Climate Change.
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NLMK-Long Products Launches New Production Facility
Jan. 20, 2011 - NLMK subsidiary NLMK-Long Products recently obtained a favorable report and authorization to launch its NSMMZ Rolling Facility from the Federal Service for Environmental, Technological and Nuclear Supervision of the Russian Federation.
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Praxair to Supply ArcelorMittal in Brazil
Jan. 19, 2011 - Praxair’s White Martins subsidiary has signed an agreement to supply oxygen to ArcelorMittal’s steel production facility located in João Monlevade, in southeast Brazil.
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ThyssenKrupp Steel Europe, juwi Group to Cooperate on Photovoltaics
Jan. 18, 2011 - ThyssenKrupp Steel Europe’s Color/Construction business unit is working under a cooperation agreement with juwi Group to offer construction elements featuring integrated roof-parallel photovoltaic modules that transform the roofs of industrial and commercial buildings into solar power plants.
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ArcelorMittal South Africa Offers Bursary to Star Student
Jan. 17, 2011 - In support of its commitment to help South African transform its future, ArcelorMittal South Africa has granted Matimba Mabonda a bursary to pursue his dream of studying for a degree in Chemical Engineering at the University of Cape Town.
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Posco ChemTech Searches for Smarter Business Models
Jan. 17, 2011 - Posco ChemTech recently organized an idea competition, seeking ideas from employees on ways to enhance work efficiency and upgrade the quality of corporate communications within the company, using smart phones.
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ArcelorMittal and Nunavut Iron Join to Upgrade Offer for Baffinland Common Shares
Jan. 17, 2011 - Nunavut Iron Ore Acquisition Inc. has joined as joint offeror under the ArcelorMittal offer in order to provide Baffinland shareholders with an improved offer of C$1.50 in cash for 100% of Baffinland's outstanding common shares. The offer is also for all of Baffinland's common share purchase warrants issued 31 January 2007 at a price of $0.10 per warrant.
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SAIL Achieves Record Turnover in Fiscal Third Quarter
Jan. 17, 2011 - The Steel Authority of India Limited reported record gross sales turnover of Rs. 12,276.81 crore for its fiscal third quarter ended December 31, a growth of 17.5% over the corresponding period last year. SAIL’s turnover for the first nine months of FY ’11 was Rs. 33,905.40 crore, 9.6% higher than CPLY of FY ’10.
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SAIL’s Bhilai Steel Plant Sets New Production Records
Jan. 14, 2011 - Steel Authority of India’s Bhilai Steel Plant has set a new record in its Steel Melting Shop II with the production of 11,350 tonnes of crude steel on January 7, the facility’s highest-ever production of crude steel in one day.
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Severstal Acquires 100% of Crew Gold
Jan. 13, 2011 - OAO Severstal subsidiary Nord Gold N.V. has acquired all common shares of Crew Gold Corp. that it did not already own. With this transaction, Severstal now has full control over Crew Gold.
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Nisshin Establishes Subsidiary in Singapore
Jan. 12, 2011 - Nisshin Steel announced the formation of a 100%-owned local subsidiary in Singapore with the aim of capturing markets in ASEAN and neighboring countries, where growth is expected.
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Metinvest Reports Steel Production for December, Full Year 2010
Jan. 12, 2011 - Metinvest reported the production of 1.098 million tonnes of hot metal in December, a 7.1% increase over December 2009’s tonnage. The company also produced 1.282 million tonnes of steel (+7.8%), 1.171 million tonnes of rolled products (+16.4%), and 55,700 tonnes of large-diameter pipe (+39.7%).
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Metinvest Reports Iron Ore Production for December, Full Year 2010
Jan. 11, 2011 - Metinvest reported the production of 2.843 million tonnes of iron ore concentrate in December 2010, a 1.9% decrease from the previous month’s tonnage. For the full year, the company produced 35.726 million tonnes of iron ore concentrate, a 16.6% increase vs. the previous year (2009).
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ArcelorMittal Honors Important Contributions in Science
Jan. 10, 2011 - ArcelorMittal acknowledged the recent bestowing of the "Sidmar Foundation of the President" on Professor Eric Legius from the Catholic University of Louvain in recognition for his contributions for the period of 2007-2010.
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Baosteel Achieves Records on new Cold Rolled Stainless Steel Production Line
Jan. 10, 2011 - Baosteel’s Stainless Steel Business Unit recently achieved full capacity on its new cold rolled stainless steel production line, successfully exceeding the line’s design capacity. The company said the line had also achieved records on a number of key technical and economic indicators, including the unit's effective operation rate, the first-class product rate, and process costs.
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Siemens to Modernize Böhler Edelstahl Rolling Mills
Jan. 5, 2011 - Siemens Industry Solutions Division will install new drive and automation equipment on the continuous rolling mill in Böhler Edelstahl’s multiline rolling mill and the plate rolling stand of their blooming mill.
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ArcelorMittal Increases Baffinland Offer Price to C$1.40
Jan. 3, 2011 - ArcelorMittal has increased its offer for all outstanding common shares and common share purchase warrants issued for of Baffinland Iron Mines to C$1.40 per Common Share. The revised offer is open for acceptance until midnight (Toronto time) on 10 January 2011.
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Moody's Changes Evraz Outlook to Positive
Dec. 31, 2010 - Evraz Group welcomes Moody's change of Evraz’s rating outlook to positive from stable. Moody's also affirmed the B1 corporate family rating and the B2 ratings for the company's Senior Unsecured Notes.
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ArcelorMittal Extends Offer for Baffinland to January 10
Dec. 31, 2010 - ArcelorMittal has extended the time for acceptance of its offer to purchase all of Baffinland Iron Mines Corp.'s outstanding common shares and outstanding common share purchase warrants until midnight on January 10, 2011.
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SAIL Announces New Commercial Director
Dec. 30, 2010 - The Steel Authority of India Limited (SAIL) announces the appointment of Shuman Mukherjee as Director (Commercial) on the SAIL Board with effect from December 23, 2010.
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voestalpine to Produce Axle Components for Daimler Trucks
Dec. 28, 2010 - voestalpine Anarbeitung GmbH has secured a contract with Daimler Trucks for the production of axle components, lasting for several years. The "alphas - forming" reforming process, patented by voestalpine Anarbeitung, will be used to manufacture the components.
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Evraz JV Creates Largest Steel Distribution Company in the CIS
Dec. 27, 2010 - Evraz Group SA has closed a deal to acquire 100% of the shares of Cassar World Investments Corp., which controls 99.9% of OAO INPROM, a leading metal service company in Russia. The deal will create a joint venture comprising the assets of EvrazMetall and INPROM that will be the largest steel distribution company in the CIS.
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Postech Professor Recognized for Thesis
Dec. 23, 2010 - Postech Chemical Engineering Professor Cho Kilwon’s thesis related to high-performance organic thin-film transistors was chosen by Advanced Functional Materials, a globally renowned academic journal, as one of the top 10 most important theses it published in the past 10 years.
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Posco to Start 4-Team, 2-Shift Schedule Next Year
Dec. 23, 2010 - Posco will officially start the 4-team, 2-shift schedule at 16 teams and factories on January 1. The decision was based on an employee vote, with more than 60% voting in favor; the schedule was under test operation since this past July.
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SMS Meer Modernizes Wire Rod Outlet for Amsteel Mills
Dec. 23, 2010 - Malaysian steel producer Amsteel Mills Sdn. Bhd. has placed an order with SMS Meer for the modernization of the wire rod outlet in the wire rod and bar mill at its Banting works in the state of Selangor. The modernization is to be completed by the fourth quarter of 2011.
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JSW, Ispat Strike Landmark Strategic Alliance
Dec. 23, 2010 - JSW Steel and Ispat Industries have entered a new strategic alliance in which JSW will acquire a controlling stake in Ispat Industries, making JSW India’s largest steel producer by March 2011.
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Second Blast Furnace Fired Up at ThyssenKrupp CSA in Brazil
Dec. 21, 2010 - Blast furnace 2 at the ThyssenKrupp CSA steel mill in Santa Cruz, Rio de Janeiro state was recently fired up on schedule and without problems—five months after blast furnace 1, which is now producing more than 6,500 tonnes of hot metal per day, close to its full capacity.
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Posco to Establish Cold-Rolled Stainless Steel Plant in Vietnam
Dec. 21, 2010 - Posco recently held a groundbreaking ceremony for a cold-rolled stainless steel plant in Vietnam’s Nhon Trach Industrial Complex. Posco VST expects to install a 100,000-tonne scale rolling mill and 200,000-tonne scale annealing equipment in the first phase by February 2012.
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Outotec Launches New CO2 Removal Pilot Plant
Dec. 20, 2010 - Outotec has commissioned a new CO2 removal pilot plant at its R&D center in Frankfurt am Main, Germany, complementing the company's circulating fluidized bed (CFB) pilot plant.
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VSB Produces First Steel Pipe from Steelworks in Brazil
Dec. 20, 2010 - Vallourec & Sumitomo Tubos do Brasil Ltda (VSB) began a test operation at its integrated seamless pipe steelworks, successfully piercing its first billet recently. Following the completion of the rolling mill, upstream facilities including charcoal blast furnaces will begin operation in the second quarter of 2011.
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SMS Siemag to Deliver Hot and Cold Rolling Complex to Ma’aden-Alcoa
Dec. 17, 2010 - Ma’aden-Alcoa has placed an order with SMS Siemag for the supply of a complete integrated hot and cold rolling complex for aluminum flat products, including the electrical and automation package. The mills are expected to commence operation at the end of 2012 in Ras Az Zawr, Saudi Arabia.
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Metal Shipments Rise Sharply in November
Dec. 17, 2010 - North American metals service center shipments of steel and aluminum products rose significantly in November, perhaps signaling the beginning of a sturdier recovery for the metals industry, according to the latest Metals Activity Report from the Metals Service Center Institute.
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ArcelorMittal Buys Call Options, Sells Treasury Shares
Dec. 16, 2010 - ArcelorMittal has acquired euro-denominated call options on 61,728,395 of its own shares with a strike price of EUR 20.25 per share, and sold 26.48 million treasury shares through an over-the-counter block trade for a price of EUR 26.4227 per share.
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NSSC Markets Second FW Series Stainless Steel
Dec. 16, 2010 - Nippon Steel & Sumikin Stainless Steel Corp. (NSSC) has developed and commercialized NSSC® FW2, a highly corrosion resistant, low-interstitial ferritic stainless steel that follows NSSC FW1 marketed in July this year.
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NLMK Upgrades Transformer Steel Production
Dec. 16, 2010 - VIZ-Stal LLC, a Yekaterinburg-based subsidiary of NLMK, has successfully completed the construction of eight high-temperature annealing furnaces for transformer steel production. The facilities are expected to be launched in December.
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Essar, Kobe Sign MOU to Manufacture AHSS Sheets in India
Dec. 16, 2010 - Essar Steel Ltd. and Kobe Steel Ltd. will explore the possibility of establishing a joint venture to design, construct, own, and operate a continuous annealing line and a continuous galvanizing line for galvannealed steel sheets used in automotive and other relevant applications.
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Sandvik Appoints New President and CEO
Dec. 15, 2010 - Sandvik’s Board of Directors has appointed Olof Faxander as the new President and CEO effective February 1, 2011. Faxander will succeed Lars Pettersson, who is leaving after nine years as CEO.
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Tata Steel Receives National Energy Conservation Award 2010
Dec. 15, 2010 - Tata Steel has received the National Energy Conservation Award 2010 under the integrated steel sector category. The company was evaluated on the basis of energy conservation measures implemented during 2009-10 as well as its future plans.
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SSAB Appoints New CEO
Dec. 15, 2010 - Martin Lindqvist has been appointed as the new CEO of SSAB. Currently the head of the company’s largest business area, SSAB EMEA, Lindqvist will succeed Olof Faxander on January 1, 2011. Faxander will become the new CEO of Sandvik AB.
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Outokumpu Anticipates Weaker-Than-Expected Fourth Quarter 2010
Dec. 15, 2010 - Based on the first two months’ financial performance, Outokumpu expects its fourth quarter 2010 to be weaker than indicated in the third quarter interim report. The Q4 underlying operational result is now expected to be clearly negative instead of around breakeven.
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Rio Tinto Sponsors 2010 Human Rights Medal
Dec. 13, 2010 - Rio Tinto was the sponsor of the 2010 Human Rights Medal awarded in Sydney to coincide with International Human Rights Day. The medal—awarded by the Australian Human Rights Commission—recognizes the outstanding contributions by an individual for the protection and promotion of human rights, social justices, and equality in Australia.
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Posco Registers Afforestation Business with UN
Dec. 13, 2010 - Posco registered the CDM (Clean Development Mechanism) business with the United Nations Framework Convention on Climate Change to earn carbon credits through the Uruguay local afforestation. For this project, Posco Uruguay was established in February 2009.
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Severstal, NMDC Sign MOU for Joint Venture Plant in India
Dec. 13, 2010 - OAO Severstal and NMDC Ltd., a Navratna Public Sector Undertaking under the Government of India, have signed a Memorandum of Understanding to establish a joint venture company to build an integrated steel plant with a capacity between 2 and 5 million tonnes per annum in Karnataka, India.
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Severstal Mourns Loss of Board Member
Dec. 10, 2010 - OAO Severstal announced the sudden death of Anatoly Kruchinin, member of Severstal’s Board of Directors and deputy CEO of SeverGroup.
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Harsco Formalizes Joint Venture Agreement in China with TISCO
Dec. 10, 2010 - Harsco Corp. and Taiyuan Iron & Steel (Group) Co, Ltd. (TISCO) have established a new 25-year joint venture relationship that will address the environmentally beneficial processing and metal recovery of TISCO's stainless and carbon steel slag production byproducts across a range of potential commercial applications.
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ArcelorMittal Proceeds with Spin-off of Stainless Steel Business
Dec. 9, 2010 - The Board of ArcelorMittal has concluded the assessment of a potential spin-off of the stainless steel business and has decided to proceed with the spin-off. Subject to shareholder approval, shares in the stainless steel business will be distributed in the first quarter of 2011.
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ArcelorMittal Foundation Supports Storytellers in Brazil
Dec. 8, 2010 - Between August and November 2010, an educational initiative was carried out with the support of the ArcelorMittal Brazil Foundation together with Piracicaba's Offices of Cultural Action and Education. The Foundation sponsored a program aimed at strengthening educators' storytelling abilities as a way to foster classroom interest in reading.
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Posco-China Recognized for Outreach Activities
Dec. 8, 2010 - Posco-China was recently named by Nanfang Daily among 100 foreign companies that significantly contribute in outreach activities in China. The daily newspaper in Guangzhou based its selection on business results, contribution to local communities, and brand image.
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Metinvest’s Steel Shipments to CIS Up 90% in 2010
Dec. 8, 2010 - For 10 months of 2010 Metinvest-Ukraine increased its shipments of steel products to CIS countries by 90%—135,000 tonnes vs. 71,000 tonnes in the previous year. Belarus became the major steel-plate-consuming market while Transcaucasia and Central Asia showed significant demand for shapes and structurals.
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Metinvest Products Pass REACH Registration
Dec. 7, 2010 - Metinvest has successfully completed the registration of all its products under European Community Regulation on chemicals and their safe use (EC 1907/2006, REACH), securing the ability to supply its products to users in the European Economic Area from December 1, 2010.
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ArcelorMittal Corporate Responsibility Reports Nominated for Awards
Dec. 7, 2010 - ArcelorMittal announced that the 2009 Corporate Responsibility Reports for the United States and India have been nominated for Corporate Register's Corporate Responsibility Reporting Awards. The reports are featured in the "Best First Time Report" category.
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Tata Steel Raises Prices of Structurals in U.K.
Dec. 7, 2010 - Tata Steel intends to raise transaction prices for structural sections in the U.K. by £50 per tonne effective on all deliveries from January 2, 2011, due to continuing high raw materials costs and the need to set new, sustainable market levels.
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Severstal Re-Commissions Cherepovets Hot Dip Galvanizing Line
Dec. 7, 2010 - Severstal’s Cherepovets Steel Mill celebrated this week the start-up of its renovated hot dip galvanizing line, which is designed to eventually produce 400,000 tonnes of galvanized metal per year – twice the annual capacity of the previous line.
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Tata Steel Organizes Activities for World Disability Day
Dec. 6, 2010 - Tata Steel Ltd. organized sporting events and cultural programs for special participants on the occasion of the World Disability Day 2010. Around 200 visually impaired, hearing impaired, and physically challenged children participated.
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U. S. Steel, Kobe Announce Capital Investment for Pro-Tec Coating
Dec. 3, 2010 - United States Steel Corp. and Kobe Steel, Ltd. have reached an agreement for their joint venture, Pro-Tec Coating Co. in Leipsic, Ohio, to begin construction on a continuous annealing line at the facility. Completion of the project is estimated at 24 months.
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Huaigang to Modernize Rod and Bar Mill with Kocks Technology
Dec. 2, 2010 - Huaigang Special Steel Co. Ltd. placed an order with Friedrich Kocks GmbH & Co KG for the modernization of its existing rod and bar mill. The modernization will implement a Kocks 3-roll Reducing & Sizing Block, which is scheduled to be commissioned in the first half of 2012.
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Bhilai Steel Plant Sets Record for Converter Lining Life
Dec. 2, 2010 - Bhilai Steel Plant of Steel Authority of India Ltd. (SAIL) has set a national benchmark with Converter ‘C’ in its Steel Melting Shop-II recording 12,325 heats in lining life before it was taken down for relining. The plant broke its own previous national record for top-blown converters of 11,036 heats achieved by Converter ‘B’.
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Essar Steel Commissions Blast Furnace, DRI Plant, and Meltshop
Dec. 2, 2010 - Essar Steel has commissioned a 1.73 million tonne-per-annum Blast Furnace and a 1.7 million tonne-per-annum mega DRI module, as well as phase 1 (2.5 million tonnes per annum) of the 5 million tonne-per-annum Steel Meltshop, at the Hazira (India) facility.
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SAIL, Kobe Steel Sign MoU for Strategic Collaboration
Dec. 1, 2010 - Steel Authority of India Limited and Kobe Steel Ltd. have signed a memorandum of understanding for comprehensive strategic collaboration covering technologies, projects, and other areas. The two companies have already begun a feasibility study for a joint venture that utilizes Kobe’s ITmk3 iron-making process.
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Posco to Build No. 4 Hot-Rolling Mill at Gwangyang
Dec. 1, 2010 - Posco recently decided to build the Gwangyang No. 4 hot-rolling mill and a new cold-rolling mill in India to increase its supply of hot-rolled steel coil to cold-rolling steel companies in the country, and to ensure stable material supply for overseas investment companies.
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ThyssenKrupp Reports Results for Fiscal 2009/2010
Dec. 1, 2010 - ThyssenKrupp Group reported that order intake climbed 15% to €41,250 million compared to €35,970 million in the prior fiscal year. Sales improved by 5% to €42,621 million vs. last year’s €40,563 million. EBITDA increased by €3.0 billion to €3,224 million.
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Siemens to Modernize Aluminum Cold Rolling Mill in Bahrain
Nov. 30, 2010 - Siemens VAI Metals Technologies has received an order from Gulf Aluminium Rolling Mill Co. B.S.C. in Manama, Bahrain, to equip its aluminum cold rolling mill no. 2 with new automation and drive systems. The mill will be upgraded during a scheduled plant shutdown at the end of February 2011.
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Tata Steel Europe Invests in Technology for South Yorkshire Steel
Nov. 30, 2010 - Tata Steel Europe (formerly Corus) is investing £6.5 million in new high-tech equipment at its Stocksbridge plant, South Yorkshire, to increase production of aerospace steels. The company will install two vacuum arc remelt furnaces and specialist testing equipment.
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NLMK Recognized for Annual Report
Nov. 29, 2010 - NLMK’s 2009 Annual Report has won awards in several national contests held this year. The company won the RA Expert Rating Agency contest for Best Annual Report (Non-Financial Sector) and came first among steelmaking companies in the contest of annual reports and corporate websites organized by Securities Market magazine in cooperation with the MICEX Stock Exchange.
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SMS Siemag to Supply Henan Zhongfu with Hot Rolling Mill
Nov. 29, 2010 - Henan Zhongfu Industrial Co. Ltd., China, has placed an order with SMS Siemag for the erection of a 1+4-CVC® plus hot rolling mill at the Gogyi location. The hot rolling mill is to be integrated into a new works complex in which, primarily, aluminum hot strip will be rolled for beverage can production.
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Air Liquide to Build Two Air Separation Units for Indian Steel Company
Nov. 29, 2010 - Air Liquide has signed a long-term agreement with Rashtriya Ispat Nigam Limited (RINL) to supply oxygen and nitrogen to meet RINL’s expansion from 3 to 6.3 million tonnes per year of steel. Located in Vizag, this new facility of industrial gases will address the south India market.
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ArcelorMittal Ostrava Supplies Pig Iron to Vítkovice Evraz Steel
Nov. 29, 2010 - ArcelorMittal Ostrava recently supplied more than 3500 tonnes of pig iron to Vítkovice Evraz Steel plant over three days, with deliveries being restarted based on the conclusion of a new agreement. The new contract guarantees deliveries of pig iron from November 2010 until the end of 2011.
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Dillinger Hüttenwerke Casts World’s Thickest Slabs after SMS Siemag Upgrade
Nov. 29, 2010 - Dillinger Hüttenwerke re-commissions its Continuous Caster No. 5 following a revamp and 450-mm enlargement in thickness by SMS Siemag. The vertical-type continuous caster, which was originally supplied by SMS Siemag in 1998, now produces the world's thickest slabs, with sizes from 230 to 450 mm gage and 1400 to 2200 mm width.
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Mechel Increases Stake in Charter Capital of Toplofikatsia Rousse
Nov. 26, 2010 - Mechel OAO has acquired an additional 51% stake in the charter capital of Toplofikatsia Rousse AD, located in the Republic of Bulgaria. As a result, Mechel has increased its stake in the charter capital of the power station up to 100% from the previous 49%.
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Metinvest Produces Rebars with Negative Tolerance
Nov. 26, 2010 - Metinvest claims to be the first in Ukraine to produce rebars with negative tolerance according to DSTU 3760-2006 standard. The first lot with enhanced quality rebars from Makeevka Iron and Steel Works (MMZ) was recently delivered to customers.
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Evraz Completes Modernization at NTMK
Nov. 26, 2010 - Evraz Group completed the modernization of its converter shop at NTMK, Evraz’s steel mill in the Urals, Russia. The converter shop’s annual capacity increased by 0.7 million tonnes to 4.5 million tonnes of steel as a result of the modernization.
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MMK and Kamaz Sign Memorandum on Cooperation
Nov. 24, 2010 - MMK and Kamaz recently signed a memorandum for construction of a metal service center in Naberezhniye Chelny (Tatarstan). The new facility to be commissioned in 2012 will be owned by MMK and Kamaz on a 50:50 basis.
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NLMK to Introduce Auxiliary Equipment for Hot Strip Mill
Nov. 24, 2010 - Novolipetsk Steel has concluded a €2.3 million contract with Sytco a.g. for the supply of a new roll-grinding machine for special grinding and proper roll surface profiling for its 5 million tonnes-per-annum capacity hot strip mill in Lipetsk.
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TU Freiberg, MgF Inaugurate Magnesium Hot Rolling Mill
Nov. 23, 2010 - Technische Universität Bergakademie Freiberg and MgF Magnesium Flachprodukte GmbH inaugurated a new hot rolling mill for magnesium. The mill will be operated by the university’s Institute of Metal Forming, extending a production line for magnesium flat products developed jointly by the university and MgF.
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Posco Completes Global R&D Center
Nov. 23, 2010 - Posco recently completed its Global R&D Center at the Songdo International City in Incheon. Construction for the R&D center started in June 2008.
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Evraz Signs Five-Year Loan Agreement
Nov. 23, 2010 - Evraz Group S.A. has signed a US$950 million structured credit facility, maturing in 2015 and secured with assignment of sales proceeds under certain export contracts.
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Posco Strengthens Relationship with Vale
Nov. 22, 2010 - Vale recently visited the steelmaking division of the Pohang and Gwangyang steel mill to better understand iron ore manufacturing and Posco’s steelmaking process. This was Vale’s sixth visit since an exchange program was established.
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SSAB Names Winner of 2010 Swedish Steel Prize
Nov. 22, 2010 - South African company Van Reenen Steel Ltd. was awarded this year’s international Swedish Steel Prize for the development of a lighter, more durable body for dump trucks in the mining industry.
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Usiminas Revises Investment Plan in Brazil
Nov. 22, 2010 - Usiminas announced that its Board of Directors recently decided to cancel the project for construction of a new plant in the city of Santana do Paraíso, state of Minas Gerais. The Board also approved the investments of Mineracao Usiminas S.A. in the amount of R$550 million, related to the first stage of the Production Capacity Expansion Plan.
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World Crude Steel Production Continues to Climb through October
Nov. 22, 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 117.56 million tonnes in October 2010 — a 5.2% increase from the previous month (September 2010) and a 2.4% increase vs. October 2009.
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voestalpine Announces Results for First Half Year 2010/11
Nov. 19, 2010 - voestalpine Group reported that its EBIT increased almost tenfold in the first half of the business year 2010/11, up to 414.2 million EUR compared to 42.7 million EUR in the same period last year. Net income was 249.7 million EUR.
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Hitachi Metals Establishes New Production Base in China for Piston Ring Materials
Nov. 19, 2010 - Hitachi Metals, Ltd. recently announced its plans to establish a production base in Suzhou, China, for high-quality, high-performance stainless steel piston ring materials used in automobile components. It will be located inside Hitachi Metals (Suzhou) Technology, Ltd., a company active in the production of multilayered devices and target materials.
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Posco, Mechel Sign MOU for Resource Development in Siberia
Nov. 19, 2010 - Posco and Mechel recently signed a memorandum of understanding for a partnership on resource exploitation and joint investments, ports modernization and infrastructure construction, review for construction of a steel mill to produce semi products in the mid-/long-term, and promotion of products.
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Evraz Group Appoints Director of Lean
Nov. 18, 2010 - Evraz Group announces the appointment of a new Director of Lean in support of the company’s key priorities: cost reduction and efficiency improvements through best practice operations and process management.
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Metinvest Closes Merger Deal with Ilyich Steel
Nov. 18, 2010 - Metinvest B.V. has obtained all the required approvals and permits from anti-monopoly authorities to acquire control over Private JSC “Ilyich Stal” and Public JSC “Ilyich Iron and Steel Works of Mariupol.”
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Avdiivka Coking and Chemicals Plant Invests in Emissions Reduction
Nov. 18, 2010 - Avdiivka Coking and Chemicals Plant has started test operation of the closed coking gas cooling unit at the second section of Collection Shop #1. This is the final phase of the coking gas final cooling system reconstruction, which reduces annual emissions of chemical substances by more than 2,000 tonnes.
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Tata Steel Executives Recognized by Indian Institute of Metal
Nov. 17, 2010 - The Indian Institute of Metal (IIM) has conferred five awards to different Tata Steel executives in recognition of their outstanding contribution to the steel industry. The ceremony was part of IIM’s Annual Technical Meeting at Indian Institute of Science, Bangalore.
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ThyssenKrupp Steel Europe Builds Dedusting System
Nov. 17, 2010 - ThyssenKrupp Steel Europe has begun a project in Duisburg that it says will reduce particulate emissions by 450 tonnes per year. The company is building an additional filter to capture sinter plant dust. Completion is scheduled for October 2011.
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Severstal Reports Q3 2010, Nine-Month Results
Nov. 17, 2010 - OAO Severstal announced its financial results for the third quarter and nine months of 2010, including a Q3 net profit of $368 million and the restoration of a dividend payment.
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Evraz Reports Nine-Month, Q3 Results
Nov. 16, 2010 - Evraz Group S.A. reported that revenue for the nine-month period ended September 30, 2010, was US$9,729 million and adjusted EBITDA was US$1,766 million, with adjusted EBITDA margin of 18.2%.
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ArcelorMittal Mails Offer, Circulars to Baffinland for Takeover
Nov. 15, 2010 - ArcelorMittal has mailed to Baffinland Iron Mines Corp. security holders its offer and takeover bid circular and Baffinland's directors' circular in connection with the previously announced supported takeover bid to be made by ArcelorMittal for all of Baffinland's outstanding common shares and all outstanding common share purchase warrants issued pursuant to a warrant indenture dated January 31, 2007.
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Outokumpu Delivers Steel for Mexican Monument
Nov. 15, 2010 - Mexico is building a 104-meter-high monument in central Mexico City to celebrate its 200 years of independence. The stainless steel for the "Estela de Luz" ("Trail of light") monument will be delivered by Outokumpu to the project's main contractor Euroguarco in Italy.
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NLMK Reports Q3 2010 RAS Financial Results
Nov. 15, 2010 - Novolipetsk Steel has announced its Q3 2010 Russian Accounting Standards (RAS) financial results for its major companies. In Q3 2010, NLMK (the main production site) and NSMMZ (the main Long Products Division company) reported revenue increases to RUR47.8 billion and RUR9.3 billion, respectively.
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Tata Steel Declares Q2, First-Half Results
Nov. 15, 2010 - During the first half of the financial year 2010-11 (H1 FY’11) ending September 30, 2010, Tata Steel Group recorded profit after tax of Rs 3,804 crores (US$847 million) compared to a loss of Rs 4,916 crores (US$1.09 billion) in H1 FY’10. The Group’s profit after tax for Q2 FY’11 of Rs 1,979 crores (US$440 million) was around 8.5% higher than the profit of Rs 1,825 crores (US$406 million) in Q1 FY’11.
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Outokumpu Recognized for Corporate Responsibility
Nov. 12, 2010 - Outokumpu's corporate responsibility reporting for 2009 was ranked third in the Finnish corporate responsibility reporting review. For the 2007 and 2008 reports, the company's reporting was ranked first.
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ArcelorMittal Supports Special Economic Zone in Krakow
Nov. 12, 2010 - A letter of intent concerning the evaluation of possibilities for creating a special economic zone in Krakow’s Nowa Huta District was recently signed by the Malopolska Region’s Governor, the Małopolska Agency for Regional Development, and the region’s biggest investor, ArcelorMittal Poland, owner of a part of the land to be dedicated to the creation of the zone.
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Praxair India to Supply Tata Steel with Nitrogen
Nov. 12, 2010 - Praxair India has been associated with Tata Steel’s Jamshedpur facility since 2005 and has built three air separation units with a total capacity of 2625 tonnes per day that supply gaseous oxygen, nitrogen, and argon. Tata Steel has contracted Praxair India for an additional 600 tonnes per day of high-pressure gaseous nitrogen.
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Mechel Signs Agreement of Intent with Posco
Nov. 11, 2010 - Mechel OAO recently signed an Agreement of Intent with Posco to establish a mutually beneficial long-term strategic partnership between the companies. The companies intend to examine and possibly implement projects in Russia, the Republic of Korea, and third-world countries.
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ArcelorMittal Monlevade Orders Two-Strand Wire Rod Mill from SMS Meer
Nov. 11, 2010 - ArcelorMittal Monlevade has reinstated an order originally placed with SMS Meer in 2008 for the supply of a single-strand, high-performance wire rod mill with the option of expansion to two strands. The original expansion option for two strands is to be implemented immediately.
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Converteam to Provide Engineering for Indian Plate Mill
Nov. 11, 2010 - Danieli has awarded Converteam a contract for major electrical engineering products and services for a new steel plate mill in India. The new Rourkela plate rolling facility for Steel Authority of India (SAIL) is expected to be fully operational in less than three years.
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Essar Selected as Preferred Bidder for ZISCO
Nov. 10, 2010 - Essar Africa Holdings Ltd. has received official notification from the Government of Zimbabwe (GOZ) for its selection as the preferred bidder to purchase GOZ’s 60% equity interest in Zimbabwe Iron and Steel Co. (ZISCO).
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Posco, Nissan Enhance Partnership
Nov. 9, 2010 - Posco recently hosted the first technology-development meeting with the Japanese automaker at the Gwangyang Works’ R&D center. Representatives from Posco and Nissan discussed some common fields of interest, such as the use of high-strength steel for outer panels.
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ArcelorMittal Conducts Automotive Research Program
Nov. 9, 2010 - ArcelorMittal recently unveiled the results of its "S-in motion" automotive research program, the portfolio of which comprises a range of more than 60 Press-Hardened Steel and Advanced High-Strength Steel solutions that can be implemented in vehicles today.
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ArcelorMittal Orbit for 2012 Olympics is under Construction
Nov. 8, 2010 - A recent groundbreaking ceremony at the future Queen Elizabeth Olympic Park marked the start of construction work on the ArcelorMittal Orbit, which is expected to be completed and handed over to the Legacy Company by March 2012.
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Posco Signs MoA with Vale, Dongkuk to Join Steel Mill Project
Nov. 8, 2010 - Posco has signed a Memorandum of Agreement (MoA) with Vale and Dongkuk that establishes the terms for its entry in the Companhia Siderúrgica do Pecém (CSP) project. The next steps will be the negotiation and signing of a Shareholder Agreement, expected for the beginning of next year.
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Gerdau Reports 3Q10 Results
Nov. 8, 2010 - Gerdau reported that shipments reached 4.4 million tonnes in the 2010 third quarter, 14% higher than in 3Q09, due to the positive performance of the Specialty Steel Business Operation and the improvement in domestic demand at the Brazil Business Operation.
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Posco Breaks Ground for Indonesian Steel Mill
Nov. 8, 2010 - Posco is constructing its first overseas integrated steel mill in Indonesia, recently breaking ground for the mill in the city of Cilegon, located 100 km west of Jakarta. Posco will lay the ground work across 400 ha of land, with joint investment from Krakatau Steel.
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Posco CEO Joins Korea-Australia Business Talk
Nov. 5, 2010 - Posco CEO Chung Joon-yang participated in the Korea-Australia Business Talk, an event that is meant to support free trade agreements such as the Korea-Australia FTA and promote economic cooperation among different countries. The event is co-hosted by the two countries’ finance ministries.
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Baosteel, China Construction Sign Cooperation Agreement
Nov. 5, 2010 - Baosteel and China Construction & Engineering Corp. recently signed a strategic cooperation agreement in Beijing. The two companies will establish a close cooperation in the R&D, procurement, investment, management, and other areas.
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CPI, Tata Steel to Develop High-Temp Research Center
Nov. 4, 2010 - The Centre for Process Innovation (CPI) and Tata Steel have signed a memorandum of understanding to establish a new national High Temperature Innovation Center at Tata Steel’s Teesside Technology Center.
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OAO Severstal to Integrate Ukrainian Facilities
Nov. 4, 2010 - Severstal initiates a program to integrate the operations of OAO Severstal Ukraine and OAO Dnepometiz in order to serve the Ukrainian market from a single, combined production site.
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Ruukki Special Steels Used for Train Coach Panels
Nov. 3, 2010 - Ruukki and Alstom Transport have developed a new high-strength steel solution for the assembly of wall panels for regional train coaches. The panels are made of Ruukki’s high-strength, hot-rolled Optim special steels that are laser welded and cut into components ready for installation.
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Posco, SK Energy Sign MOU for Coal Chemistry Development
Nov. 3, 2010 - Posco signs Memorandum of Understanding with SK Energy to form a coal chemistry partnership focusing on the feasibility of commercializing value-added chemical products made from steelmaking and petrochemical by-products.
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New voestalpine Stahl Headquarters Named "Best Office 2010"
Nov. 2, 2010 - voestalpine Stahl GmbH's new Sales and Financial Headquarters in Linz was awarded the prize “Best Office 2010” at ORGATEC, an international trade show for office design. The jury considered the project, which was managed by M.O.O.CON® and planned by the architecture company Feichtinger Architectes, to be worthy of the prize due to its positive effect on communication and innovation.
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Posco Opens Office in Egypt
Nov. 2, 2010 - Posco recently opened its first African office in the Egyptian capital of Cairo. The company expects the Cairo office to play a vital role for its future business in Africa as the regional headquarters.
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Posco Launches New Processing Center in Turkey
Nov. 1, 2010 - Posco recently launched its new automotive steel-processing center in the Hasanaga Industrial Complex in the city of Nilufer, Brusa Province, to provide global automakers with high-quality automotive steel products. The Posco Turkey Nilufer Processing Center will also seek to expand its sales network to household steel products.
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Ruukki Supplies Steel Products for Allure of the Seas
Oct. 29, 2010 - Ruukki delivered a total of 38,000 tonnes of steel products, such as plates and profiles, for the hull of the recently completed Allure of the Seas cruise ship, which was built at STX Europe's shipyard in Turku, Finland.
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Essar Group Appoints New CFO
Oct. 29, 2010 - The Essar Group announced the appointment of V Ashok as the Chief Financial Officer for its India operations. He takes over for V G Raghavan, who has retired after more than 34 years with Essar.
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NLMK Group Acquires VMI Scrap Processing Company
Oct. 29, 2010 - Novolipetsk Steel (NLMK) announced the acquisition of LLC VMI Recycling Group from a group of shareholders for a total of USD28.4 million, following approval from Russian regulatory authorities. VMI owns scrap collection and processing assets located in the Moscow region.
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Evraz Progresses with Rail Mill Modernization at NKMK
Oct. 29, 2010 - Evraz Group S.A. has completed the first stage of the rail mill modernization at NKMK, one of Evraz’s Russian steel plants located in Novokuznetsk, Siberia, with a capacity of 750,000 tonnes of rails per annum.
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Nippon Steel Promotes Mozambique Coking Coal Development Project
Oct. 28, 2010 - Nippon Steel Corp. (NSC) and Nippon Steel Trading Co., Ltd. (NST) have reached an agreement whereby NSC will acquire a 23.3% economic interest in the Revuboe Project, of which NST currently holds a 33.3% interest. A bankable feasibility study will be conducted with the goal of launching full-scale development of the project.
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Sumitomo Metals Invests in New Steel Plate Mill in Thailand
Oct. 28, 2010 - Sumitomo Metal Industries, Ltd. has decided to take part in the Canadoil Group’s steel plate mill business in Thailand by investing in the Group, which is currently constructing a new steel plate mill in the country, and by providing technical assistance to the mill scheduled to be operational in 2013.
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Linde to Build Industrial-Scale Air Separation Units for TISCO
Oct. 28, 2010 - The Linde Group has been contracted to build two industrial-scale air separation units for Taiyuan Iron & Steel Co. Ltd. (TISCO) at its Taiyuan site in China. The project will be managed by the 50:50 gases joint venture set up by Linde and TISCO, BOC-TISCO Gases.
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ThyssenKrupp Celebrates Arrival of First Brazil Slabs at Duisburg
Oct. 28, 2010 - ThyssenKrupp celebrates the arrival of its first shipment of steel slabs from the new ThyssenKrupp CSA Siderúrgica do Atlântico mill in Brazil. Once it reaches full production, the Brazil plant will ship three million tons of its capacity to the plant currently under construction in Alabama, while two million tons will be shipped to ThyssenKrupp Steel Europe’s plants in Germany.
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Evraz Creates Health, Safety and Environmental Committee
Oct. 27, 2010 - Evraz Group S.A. has established a Health, Safety and Environmental Committee of the Board of Directors—and has created the position of Vice President of Health, Safety and Environment—in an effort to increase the level of industrial safety, labor protection, and environmental care across its international operations.
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MMK Contracts Hatch for Pre-Development of Prioskolskoye Deposit
Oct. 27, 2010 - Magnitogorsk Iron & Steel Works hired Hatch Engineering and Consulting in Russia to pre-project the development of Prioskolskoye iron ores field in such a way that minimizes land allotment costs, eliminates environmental risks, and optimizes MMK’s capital and operating costs.
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Mechel to Reconstruct Bratsk Ferroalloy Plant
Oct. 26, 2010 - Mechel OAO announces that Bratsk Ferroalloy Plant OOO has signed contracts with Siberian Plant of Electrothermal Equipment (Sibelectrotherm) to purchase four ferroalloy electric furnaces. The reconstruction is planned for 2011-12.
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Praxair Finalizes Agreement with United Steel in Bahrain
Oct. 26, 2010 - Praxair Gulf Industrial Gases LLC has finalized an agreement with United Steel Co. (SULB) B.S.C. to supply oxygen, nitrogen, and argon for use in its direct iron reduction plant and steel melt shop. The plant is due to start up during the fourth quarter of 2012.
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Hybrid Blank by voestalpine and Fronius Receives Award
Oct. 25, 2010 - voestalpine Stahl GmbH and Fronius GmbH were recently awarded the Innovation Prize by specialist magazine Autorevue for a jointly developed steel aluminum blank. Implementation options are currently being discussed with automobile manufacturers.
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Outokumpu Recognized for Climate Change Disclosure
Oct. 25, 2010 - Outokumpu has been commended by the Carbon Disclosure Project (CDP) for its approach to climate change disclosure by being featured in CDP's "Carbon Disclosure Leadership Index" for the second time.
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Posco Discusses Order Method with Krakatau Steel for Indonesia Mill
Oct. 25, 2010 - Posco says it is accelerating efforts to ensure a successful steel mill construction project in Indonesia. Five managers from its joint venture partner Krakatau Steel recently visited Gwangyang Works to discuss the construction order format for the blast furnace and sintering equipment to be installed.
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JFE Steel to Construct Continuous Galvanizing Line in Thailand
Oct. 25, 2010 - JFE Steel Corp. plans to construct Thailand’s first continuous galvanizing line for automobiles at the Hemaraj Eastern Seaboard Industrial Estate of Rayong Province in southeastern Thailand. Operation startup is planned for April 2013.
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Evraz to Develop Eastern Coking Coal Field in Russia
Oct. 22, 2010 - Evraz Group S.A. has won the tender, held by the Russian State Mineral Resources Agency, to develop the Eastern field of the western part of the Ulug-Khemsky coking coal deposit in East Siberia. The license is expected to be received within two months.
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Usiminas Implements Broner Melt Shop Control Center
Oct. 22, 2010 - Broner Metals Solutions has completed the implementation of the Broner Melt Shop Control Center at Usiminas, Brazil, that is expected to result in improved visibility and optimization of the steel plant processes.
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World Crude Steel Production Slips 1% in September
Oct. 22, 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 111.75 million tonnes in September 2010 — a 1.0% decrease from the previous month (August 2010) and an 0.9% increase vs. September 2009.
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Posco Launches Global e-Procurement System in Vietnam
Oct. 21, 2010 - Posco recently started operation of its first global e-procurement system outside Korea. The new system will enable Posco-Vietnam to share and process all the information related to bidding, signing contracts, ordering, and supplying on a real-time basis.
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MMK, Atakas Commission Cold-Rolling Facility
Oct. 21, 2010 - MMK and Atakas Group have commissioned a cold-rolling facility as part of the MMK-Atakas steel project being developed near Iskenderun. By the end of 2011, the commissioned cold-rolling shop is scheduled to reach its planned capacity of 750,000 tonnes-per-year of ready-made metal products.
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Mechel Announces Nine-Month Operational Results
Oct. 20, 2010 - Mechel OAO announced operational results for the first nine months of 2010, including the production of 4.496 million tonnes of steel, a 13% increase vs. the comparable year-ago period.
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Carpenter Technology, Sandvik Partner in Powder Technology
Oct. 20, 2010 - Carpenter Technology Corp. and Sandvik Materials Technology have established a strategic partnership to mutually reinforce each company’s long-term commitment in powder metal products. Carpenter Technology will acquire a 40% interest in Sandvik Powdermet AB, and Sandvik AB will acquire a 40% interest in Carpenter Powder Products AB.
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Nippon Steel Establishes Automotive Steel Pipe Business in India
Oct. 20, 2010 - Nippon Steel Corp. has established a new automotive steel pipe business in India, Nippon Pipe India Private Ltd, to capture growing demand there. In the state of Rajasthan in the northern part of India, Siam Nippon Steel Pipe Co., Ltd. will build a base for manufacturing and selling electric-welded pipes for two- and four-wheeled motor vehicles.
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Praxair China Extends Partnership with Meishan Steel
Oct. 19, 2010 - Praxair China and Meishan Iron and Steel Co., Ltd. have signed an agreement to modify and expand their long-term supply contract, with Praxair China increasing its oxygen, nitrogen, and argon capacities in Nanjing to meet Meishan Steel's growing demand.
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BHP Billiton, Rio Tinto Terminate Iron Ore Production JV
Oct. 19, 2010 - BHP Billiton and Rio Tinto have jointly decided to end plans for an iron ore production joint venture in the Pilbara in Western Australia following extensive discussions with regulators. Both parties have been advised recently that the proposal would not be approved in its current form.
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SSAB to Establish R&D Facility in China
Oct. 18, 2010 - SSAB will build a Research and Development Facility in Kunshan, China, as part of its strategy to establish a strong footprint in Asia. The new facility is expected to begin operations in the third quarter 2011.
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JFE Steel, GMH Holding Agree to Technical Collaboration
Oct. 18, 2010 - JFE Steel Corp. has concluded an agreement with Georgsmarienhütte (GMH) Holding GmbH of Germany concerning technical collaboration on steel products mainly focused on steel bars to be used for the energy field, typically for wind power.
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Evraz Group Reports 3Q 2010 Results
Oct. 18, 2010 - Evraz Group S.A. has released its operational results for the third quarter of 2010, including increased EBITDA guidance due to shorter-than-expected downtime and improvement in Russian domestic pricing of construction products in September. The company has increased it from US$480-550 million to US$550-600 million.
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Posco Restarts Retrofitted No. 4 Furnace at Pohang Steelworks
Oct. 18, 2010 - Posco celebrated last week the furnace firing ceremony for the upgraded No. 4 Blast Furnace at Pohang Steelworks. The company expects the expanded furnace, which now has an inner volume of 5600m3, to produce 5.31 million tonnes of molten iron per year in the future.
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Posco Strengthens Partnership with Kumba
Oct. 15, 2010 - Employees of the South African iron ore company Kumba recently visited Posco's Pohang and Gwangyang Works to enhance mutual understanding of each other’s fuel- and material-related process systems.
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Nisshin Steel to Further Invest in Acerinox Joint Venture
Oct. 15, 2010 - Nisshin Steel has decided to make an additional investment of approximately 5 billion yen and maintain its 30% share in Bahru Stainless (Johor, Malaysia), its joint venture with Acerinox that is now under construction for manufacturing and sales of cold-rolled stainless steel.
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Worldsteel Honors Lakshmi Mittal
Oct. 14, 2010 - The World Steel Association honors ArcelorMittal Chairman and CEO Lakshmi Mittal with the worldsteel Medal. The Association also named Mittal “Industry Communicator of the Year”.
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Outokumpu Launches New Duplex Steel Grade
Oct. 14, 2010 - Outokumpu has launched a new duplex stainless steel grade that it claims features a higher mechanical strength than major duplex grades on the market. The new grade, Outokumpu LDX 2404®, is said to enable thinner gauges to be employed in a variety of applications.
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SMS Mevac to Supply Duplex RH Plant to Masteel
Oct. 14, 2010 - Maanshan Iron & Steel Co., Ltd., located in Maanshan, China, has awarded SMS Mevac a contract for the supply of a duplex RH plant with burner lance system. Commissioning of the duplex RH plant is scheduled for the second half of 2011.
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Tenova Commissions Consteel Plant at Tokyo Steel
Oct. 14, 2010 - Tenova has successfully commissioned a new Consteel® plant in Japan, following the recent Consteel start-ups in Korea, China, and Vietnam. Tokyo Steel has equipped its new steel plant in Tahara with the 360-tonnes of steel per hour Consteel system.
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JSW Reports 8% Growth in Crude Steel Production in First Half of FY11
Oct. 13, 2010 - JSW Steel Limited reported the production of 3.14 million tonnes of crude steel in the first half of fiscal year 2011, representing a growth of 8% compared to comparable year-ago period. Flat rolled and long products production grew by 32% and 44%, respectively, over the same period.
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ArcelorMittal, Ukrainian Government to Restart Negotiations
Oct. 13, 2010 - ArcelorMittal representatives have expressed their willingness to return to negotiations of the investment agreement with the Ukrainian government, after the Kyiv City Commercial Court dropped the case upon the withdrawal of the General Prosecutor's claim.
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BlueScope Steel Expands Executive Leadership Team
Oct. 12, 2010 - BlueScope Steel has appointed Pat Finan as Executive General Manager of the company's new Global Building and Construction Markets business development group, effective November 1. Dan Kumm, currently President BlueScope Construction North America, will succeed Finan as President BlueScope Buildings North America.
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Outokumpu Ironworks in Degerfors Celebrates Anniversary
Oct. 12, 2010 - Georg Camitz started iron production by the river Letälven in Degerfors, Sweden, 350 years ago, laying the foundation of the Outokumpu ironworks. In addition to a dispatch hall inaugurated a year ago, Outokumpu is now investing 104 million euro in the production of special-grade quarto plate in Degerfors.
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worldsteel Recognizes Safety and Health Leaders
Oct. 11, 2010 - The World Steel Association recognized last week four of its member companies for excellence in safety and health programs: BlueScope Steel, Posco, Tata Steel and United States Steel.
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Air Liquide Commissions New Oxygen Unit, Supplies Arvedi
Oct. 11, 2010 - Air Liquide has commissioned a new high-pressure and high-purity gaseous oxygen production unit in Italy. With a production capacity of around 800 tonnes per day, the new unit brings the total production capacity on this site to 1100 tonnes of oxygen per day. This network supplies steelmaker Arvedi, as well as many customers in northern Italy.
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Tata Steel Reports 2nd Quarter Performance for FY11
Oct. 11, 2010 - Tata Steel reported the production of 1.610 million tonnes of saleable steel in the second quarter and 3.201 million tonnes of saleable steel in the first half of fiscal year 2011, representing increases of 6% and 5%, respectively, over the comparable year-ago periods.
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ThyssenKrupp Offers Training Project for Students in Duisburg
Oct. 8, 2010 - ThyssenKrupp Steel Europe AG has been specifically targeting lower secondary school students in Duisburg for three years in a dedicated support program called “Springboard.” A total of 27 springboarders are currently completing an apprenticeship at the company.
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SSAB Nominates Finalists for 2010 Swedish Steel Prize
Oct. 8, 2010 - Four companies have been nominated for the international Swedish Steel Prize, to be awarded by SSAB CEO Olof Faxander in November, for their high-strength steel designs: a Swedish-made bed spring, a German sky lift, a South African truck body, and Australian bucket teeth.
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Sumitomo Metals to Establish Sales Subsidiary in Brazil
Oct. 8, 2010 - Sumitomo Metal Industries, Ltd. recently decided to establish a sales subsidiary for seamless pipe that will be manufactured in an integrated steel works in Brazil, with North and South Americas as sales territories. Plans call for the subsidiary to be established in November 2010.
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European Steel Companies Sign Charter for Green Construction
Oct. 8, 2010 - Leading European steel companies and steel construction organizations such as Ruukki and Dillinger Hütte recently signed in Brussels the Steel Network Sustainable Construction Charter to promote sustainable, energy-efficient steel construction.
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Siemens to Supply Copper Rod Mill to Chinalco
Oct. 7, 2010 - Siemens VAI Metals Technologies has received an order from the Southwire Co. to supply a copper rod rolling mill for Chinalco Kunming Copper Co. Ltd., the largest nonferrous metal producer in China. The new mill will be erected on a greenfield site in Kunming, in southwest China, with commissioning expected by year-end 2011.
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Kroman Çelik Sanayii Commissions More-Supplied Module Technology
Oct. 7, 2010 - Kroman Çelik Sanayii A.Ş successfully commissioned in July 2010 the Module Technology fix injection system supplied by More srl in a new 150-tonne electric arc furnace. Twenty-eight heats per day were reached two weeks from the start-up of the equipment.
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Sumitomo Metals Conducts Disaster Training
Oct. 6, 2010 - Sumitomo Metal Industries, Ltd. recently conducted its sixth training exercise in the Tokyo headquarters based on the premise that a major earthquake had hit the Tokyo metropolitan area. All employees in the headquarters—approximately 790 (including employees of the subsidiary companies in the Harumi Triton Square)—participated in the exercise.
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worldsteel Elects New Officers; Welcomes New Members
Oct. 6, 2010 - The Board of Directors of the World Steel Association has elected new officers for 2010/2011 as well as the 2010/11 Executive Committee. The Board also welcomed several companies as new members of worldsteel.
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Nippon Steel, Ternium to Establish HDG Joint Venture in Mexico
Oct. 6, 2010 - Nippon Steel and Ternium sign a definitive agreement to form a joint venture in Mexico for the manufacture and sale of hot-dip galvanized and galvannealed steel sheets to serve the Mexican automobile market. Ternium will hold a 51% interest in the new venture, with Nippon Steel holding the remaining 49%.
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worldsteel Provides Short Range Outlook for Steel Industry
Oct. 5, 2010 - The World Steel Association forecasts in its October 2010 short range outlook (SRO) for 2010 and 2011 that apparent steel use will increase by 13.1% to 1,272 million tonnes in 2010 after declining by 6.6% in 2009. This represents an improvement of 35 million tonnes over the April SRO for 2010, exceeding the pre-crisis peak of 1,222 million tonnes in 2007.
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Ruukki Secures Bridge Contract in Sweden
Oct. 4, 2010 - Ruukki and NCC Construction Sverige have agreed to the delivery and installation of steel structures for a bridge to be built at Motala in Sweden. Ruukki will also have a role in the design solutions for the 620-meter-long bridge.
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Böhler Edelstahl Opens Facility with Largest Rotary Forging Machine
Oct. 4, 2010 - Böhler Edelstahl GmbH&CoKG completed in late September 2010 the largest investment project so far at the Kapfenberg site in Austria with the opening of the new ProForge hall. The company claims that the largest rotary forging machine in the world is housed in the production facility.
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Posco Named Carbon-Performance Leader
Oct. 4, 2010 - Posco received overall good evaluations from the CDP (Carbon Disclosure Project) committee on carbon disclosure and reduction efforts, and was selected as a leader in carbon disclosure and carbon performance.
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ThyssenKrupp Heads Plans for East African Rail Project
Oct. 1, 2010 - Project managers at ThyssenKrupp GfT Gleistechnik GmbH have been working on the railway link between Southern Sudan and Uganda, in a consultancy and supporting role for the New Sudan Foundation, which on behalf of the Southern Sudan government GOSS worked to realize this transport route.
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MMK Passes Recertification Audit of Environmental Management System
Oct. 1, 2010 - TUV Nord Cert GmbH conducted a recertification audit of the environmental management system at Magnitogorsk Iron & Steel Works (MMK). The auditors found that the system meets ISO 14001 requirements, so MMK will receive a new certificate of compliance for another three-year period.
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Posco Hosts Global Raw Materials Discussions
Oct. 1, 2010 - Posco Senior Executive Vice President Kwon Young-tae recently hosted a plenary session for the annual meeting of worldsteel’s Raw Materials Committee. Topics included recent developments of the global steel and raw materials industry, the future business outlook, and pending issues facing the global steelmaking industry.
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voestalpine Stahl Named Klima:Aktiv Partner
Sep. 30, 2010 - voestalpine Stahl GmbH’s was made a klima:aktiv partner by Environmental Minister DI Niki Berlakovich in recognition of its contribution to CO2 emissions reduction: The company reduced CO2 emissions in a cutting unit area by 500 tonnes a year by optimizing its internal logistics.
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Tata Steel Executes Agreements to Refinance European Operations
Sep. 30, 2010 - Tata Steel UK Holdings signed a Senior Facility Agreement with a syndicate of 13 banks for a £3.53 billion term loan and revolving credit facility that is intended to replace in full the current term loan and revolving credit facilities entered into at the acquisition of Corus Group plc in 2007.
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Outokumpu Aims to Save Energy at Tornio Site
Sep. 29, 2010 - Outokumpu has implemented an energy saving project at the Tornio Works production site in Finland that involves replacing 50 separate refrigeration compressors in the cold rolling plant with a new centralized district cooling system, expected to be in use by the end of 2011.
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Siemens Modernizes Qatar Steelworks
Sep. 29, 2010 - Siemens VAI Metals Technologies has won an order to modernize Qatar Steel Co.'s steelworks in Mesaieed, Qatar, with the goal of expanding billet production capacity by up to 30% while reducing specific consumption values and waste gas emissions.
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Salzgitter Companies Win ZF Supplier Award 2010
Sep. 28, 2010 - ZF Friedrichshafen AG has distinguished Salzgitter Flachstahl and Salzgitter Mannesmann Precision with the ZF Supplier Award, which is annually bestowed upon its five top suppliers determined through a standardized selection procedure.
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NLMK Upgrades Transformer Steel Facilities
Sep. 28, 2010 - Production has commenced at a new facility producing electric insulation coating for transformer steel at NLMK's main site in Lipetsk. The launch of the 60,000 tonnes-per-annum line is another step toward manufacturing nanostructured high-permeability transformer steel in 2011.
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ArcelorMittal Ostrava Invests in Screens to Reduce Noise in Bartovice
Sep. 27, 2010 - Four anti-noise screens separate the marshaling yard from the residential zone at Bartovice, erected along the railway track where trains are marshaled and transferred to the ArcelorMittal Ostrava railway siding. The fourth anti-noise screen of nearly 400 meters in length was just recently commissioned.
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voestalpine Forging Plant for Bohler Edelstahl Begins Production
Sep. 27, 2010 - The new ProForge hall at the Böhler Edelstahl site in Kapfenberg was officially opened on September 22. The production facility houses the world’s largest GFM longitudinal forging machine RF100 with a forging force of 2000 tonnes, according to voestalpine.
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Tenova Meltshop at Ishvesk Starts Up
Sep. 27, 2010 - The new Tenova Melting complex located at Izhevsk steelworks in Udmurtia Republic, Russia, was started up on September 7. Tenova’s contract covered a full-scale upgrading of the meltshop n°23 of Izhstal OAO plant, owned by the Mechel group.
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Stainless Steel from ThyssenKrupp Nirosta Upgrades Streetcar Fleet
Sep. 24, 2010 - The last of a total of 19 new streetcars operated by SWK MOBIL recently went into regular service in Krefeld. A total of 90 tonnes of Nirosta 4003 stainless steel was used in the side wall frames, various articulated joints, and the front end of the cars.
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OAO Severstal Obtains License to Further Develop Tsentralnyi Field
Sep. 24, 2010 - ОАО Severstal has obtained a license for further exploration and coal extraction at the Tsentralnyi field in the western part of the Ulug-Khemskiy basin in the Tyva Republic, Russia. The license gives Severstal access to an estimated 639 million tonnes of high-quality hard coking coal.
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ThyssenKrupp Stops Business with Iran
Sep. 24, 2010 - ThyssenKrupp AG announced it will no longer enter into any new contracts with Iranian customers, effective immediately. The company also plans to terminate existing Group interests in Iran as soon as possible.
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Outokumpu Adjusts Strategic Priorities
Sep. 23, 2010 - Outokumpu announced an adjustment of the company’s strategic priorities, with an emphasis on utilization of Tornio's cost competitiveness in high-volume products and fast transformation to special grades and products.
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ArcelorMittal Appoints New Chief Executive of Stainless Division
Sep. 23, 2010 - ArcelorMittal has appointed Bernard Fontana as Chief Executive of its Stainless Division, which is currently being assessed for a potential spin-off. Willie Smit will replace Fontana as Executive Vice President, Head of Human Resources, and will join the Group’s Management Committee.
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Fuxin Special Steel Orders Stainless Steel Plant from SMS Siemag
Sep. 22, 2010 - Fuxin Special Steel Co. Ltd. has placed an order with SMS Siemag for the planning and supply of a steelworks for the production of stainless steel slabs. It will reportedly be the first stainless steel plant in the world to utilize the waste heat from the AOD converter and the electric arc furnace.
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World Crude Steel Production up 4.2% in August
Sep. 22, 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 112.87 million tonnes in August 2010 — a 1.7% decrease from the previous month (July 2010) and a 4.2% increase vs. August 2009.
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Essar Hypermart Launches 100th Hypermart in India
Sep. 21, 2010 - With the opening of its Hypermart at Ranchi in East India, Essar Steel now has 100 Hypermarts and 419 Expressmarts across India. The company plans to increase its total to 126 Hypermarts and 650 Expressmarts by March 2011.
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Stainless Steel Production Increases for First Half of 2010
Sep. 21, 2010 - Stainless steel crude steel production has increased in the first half of 2010 by 44.3% compared to the same period of 2009, according to preliminary figures released by the International Stainless Steel Forum. Total production for the first six months of 2010 was 15.6 million tonnes.
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Ruukki Supports University Activities
Sep. 20, 2010 - Ruukki is supporting the activities of Finnish universities by donating EUR 900,000 to Aalto University, Tampere University of Technology, and Lappeenranta University of Technology. The new Aalto University will receive EUR 750,000 of the donation.
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ArcelorMittal Reaffirms Q3 EBITDA Guidance
Sep. 20, 2010 - ArcelorMittal Chairman and CEO Lakshmi Mittal reaffirmed at a recent investor day the company’s previously announced EBITDA guidance for the third quarter, between US$2.1 billion and US$2.5 billion.
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Posco, NSSC Exchange Technology
Sep. 17, 2010 - Posco recently hosted a technology exchange event with Nippon Steel & Sumikin Stainless Steel Corp. (NSSC), with more than 50 employees from Posco’s Stainless Steel Business Division and NSSC sharing technologies.
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SMS Meer Modernizes Rebar Mill at Hmisho
Sep. 17, 2010 - SMS Meer has modernized the existing rebar mill at the Hmisho Trading Group in Syria with an EBROS® system for end-less rolling of sections. Overall annual production has been increased by about 5% as a result of this modernization.
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Steel Development, Ansteel Form JV to Build U.S. Mills
Sep. 17, 2010 - Steel Development Co., LLC and Anshan Iron and Steel Group Corp. (Ansteel) have executed a Joint Venture Operating Agreement along with partners from the U.S., Italy, Japan, Germany, and Canada to build a steel mill in Mississippi that will produce reinforcing bar and other bar products.
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Mechel Raises Pre-Export Finance Facility
Sep. 16, 2010 - Mechel OAO raised the US$2 billion pre-export facility to refinance Mechel Group’s remaining debt obligations under the two syndicated pre-export facilities (the original US$2 billion and the US$1 billion facilities raised for acquisition of OJSC Yakutugol and Oriel Resources Ltd., respectively).
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Severstal Subsidiary Signs Mineral Development Agreement
Sep. 16, 2010 - OAO Severstal announced that its 61.5% subsidiary recently entered into an agreement with the Government of Liberia to develop the Putu iron ore project. The Mineral Development Agreement was signed on Sept. 3, approved by the President of Liberia, and ratified by the Liberian Legislature on Sept. 9.
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MMK Reports 2nd Quarter Results
Sep. 16, 2010 - OJSC Magnitogorsk Iron and Steel Works (MMK) announced financial results under Russian Accounting Standards for the second quarter of 2010, including a net profit of RUR4.678 billion on sales of RUR53.117 billion.
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Postech, SK Telecom to Build Mobile Campus
Sep. 15, 2010 - Postech and SK Telecom executives recently signed the Postech Mobile Campus Service Agreement, agreeing to jointly apply mobile technology to learning, administration, and student lifestyles on campus.
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ThyssenKrupp Reports Nine-Month Results
Sep. 14, 2010 - ThyssenKrupp reports noticeably improved performance in fiscal 2009/2010: Order intake and sales increased quarter by quarter, and in the first nine months were up from the prior-year period. The company also generated a profit in all three quarters, with the past quarter’s result the best for seven quarters.
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Vallourec Hosts French President at Valinox Nucléaire Plant
Sep. 13, 2010 - Vallourec recently hosted a visit from French President Nicolas Sarkozy to its Valinox Nucléaire subsidiary in Montbard (Côte d’Or, France). The company is carrying out an €80 million investment program at the site to extend the manufacturing capacity for the advanced technology tubes used in nuclear power plants.
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Outokumpu Initiates Cooperation with Aalto University
Sep. 13, 2010 - Outokumpu has donated a million euros to Aalto University, adding an artist perspective and profound design competence to its cooperation in such traditional technical subjects as economic sciences, metallurgy, and material, automation and process technologies.
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ArcelorMittal Funds University Chair for Sustainable Construction
Sep. 13, 2010 - The ArcelorMittal Foundation will provide EUR 750,000 in funding to the University of Luxembourg over a five-year period for the "ArcelorMittal Chair of Façade Engineering." Research will be aimed at promoting the development of energy-efficient, high-tech buildings made of steel, steel composites, and glass.
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Severstal TPZ Sheksna Commissions New Line from SMS Meer
Sep. 13, 2010 - Severstal TPZ Sheksna successfully commissioned in June 2010 the RD-410 welded tube line supplied by SMS Meer. The new line has an annual capacity of 300,000 tonnes; the main products are structurals that are used as supporting elements in the construction industry.
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Ruukki Maintains Spot in Dow Jones Sustainability Indexes
Sep. 10, 2010 - Ruukki is included in the DJSI World Index for the third year in a row and in the European index for the fourth year. Results show that the company ranks among the world's eight best steel companies in terms of commitment to sustainable development.
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Hertwich Engineering Supplies Continuous Homogenizing Lines in India
Sep. 10, 2010 - Hertwich Engineering has supplied two continuous homogenizing and sawing lines to Vedanta Aluminium in Orissa, India. The lines are intended for Phase II of the Jharsuguda expansion project and will be used for homogenizing, sawing, and packing extrusion billets.
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Posco Announces Hot Run for Gwangyang Plate Mill
Sep. 10, 2010 - The Plate Mill of Gwangyang Works launched a hot run for the test production of all products to check quality and production on Sept. 3. Starting official production in October, the plant will produce 2 million steel plate products annually.
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NLMK Implements Steel Production Upgrades
Sep. 9, 2010 - A second 4 million-tonnes-per-year ladle furnace has commenced production at NLMK’s main site in Lipetsk. NLMK is collaborating on this project with Siemens VAI (Austria) as part of Stage II of its Technical Upgrade Program.
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Posco’s Emissions-Reducing Efforts Recognized by Worldsteel
Sep. 8, 2010 - Posco recently received a Climate Action Member certificate from the World Steel Association (Worldsteel) for its efforts to reduce greenhouse gas emissions. Posco has been issued the certificate of recognition for two consecutive years.
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New Electric Steelmaking Complex Commissioned at Izhstal OAO
Sep. 8, 2010 - Mechel OAO announced that the Russian Prime Minister Vladimir Putin commissioned a new electric steelmaking complex at Izhstal OAO. The new facility comprises an electric arc furnace with a capacity of 40 tonnes and a continuous slab caster.
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ArcelorMittal South Africa Appoints New CFO
Sep. 7, 2010 - The Board of Directors of ArcelorMittal South Africa Ltd. has appointed Rudolph Torlage as Chief Financial Officer and Executive Director of the company with effect from September 3.
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Mechel OAO Announces Work Suspension at New-Olzherasskaya Mine
Sep. 7, 2010 - Mechel OAO announced that mining operations are currently suspended at New-Olzherasskaya Underground mine—part of Southern Kuzbass OAO, Mechel’s coal mining subsidiary—due to coal self-heating that occurred in mid-August in the long wall face No. 21-1-7.
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Posco to Purchase Daewoo International Shares
Sep. 7, 2010 - Posco signed a share sale and purchase agreement with Kamco, the head of Daewoo International Joint Sales Council, on August 30, acquiring approximately 68% of Daewoo International shares totaling 68,681,566 shares. Posco was selected as a preferred bidder this past May.
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ThyssenKrupp Steel Europe Welcomes 328 New Apprentices
Sep. 3, 2010 - ThyssenKrupp Steel Europe AG has taken on 328 new apprentices in 19 occupations with the startup this week of its latest apprentice training year. To ease the transition from school to working life, all newcomers attend a week-long initiation course in which they meet other apprentices, learn about the company, and spend time focusing on workplace health and safety.
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Vale Signs Railroad and Port Contracts
Sep. 1, 2010 - Vale has signed contracts with Gerdau Açominas to transport steel products and coal using Vale's logistics infrastructure—Vitória-Minas Railroad and Praia Mole Terminal in Espírito Santo—over the next three years.
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Corus Increases Aerospace Steel Prices
Sep. 1, 2010 - Corus Specialty Steels has increased transaction prices for its aerospace products by between 4% and 10% on orders acknowledged for delivery after January 1, 2011. The price increase will apply to the full range of air melted and remelted products in ingot, slab, billet, bar, and coil form.
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Severstal Announces Changes to Senior Management Team
Sep. 1, 2010 - Changes to OAO Severstal’s senior management team will take effect on September 1, 2010. These include Alexander Grubman, currently CEO of Severstal Resources division, being appointed CEO of Severstal Russian Steel.
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ArcelorMittal Kryviy Rih Steel Bars Named Best Domestic Product
Aug. 31, 2010 - Deformed reinforcing steel bars produced by OJSC ArcelorMittal Kryviy Rih were recently recognized in Ukraine as a “Best domestic product 2010” after receiving high marks in product quality, domestic and foreign sales, and positive feedback from customers, among other categories.
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Posco-South Asia Begins Operation
Aug. 30, 2010 - Posco-South Asia was officially launched in Bangkok, Thailand, on August 25 to help establish a global steel network in emerging markets of the Southeast Asia region, including Vietnam, Malaysia, and Indonesia, as well as Southwest Asia including India.
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ThyssenKrupp Nirosta Produces Stainless Steel for Financial-Center Facades
Aug. 27, 2010 - Construction of a new business district on Sowwah Island is progressing, including a five-building complex housing the United Arab Emirates’ new financial center. The stainless steel materials for the building facades were recently manufactured at the Krefeld and Dillenburg plants of ThyssenKrupp Nirosta.
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Gerdau Açominas Selects Tenova to Supply Walking Beam Furnaces
Aug. 27, 2010 - Gerdau Açominas and Tenova LOI Italimpianti have agreed upon the supply of two walking beam furnaces for slabs to be installed in the new Plate/Steckel mills of the Gerdau Açominas Plant in Ouro Branco, Brazil. The furnaces will each have a production capacity of 220/265 tonnes per hour.
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Tenova to Supply Roll Shop for Bokaro Steel Plant
Aug. 26, 2010 - Tenova S.p.A’s Pomini Roll Grinder business unit recently signed a turnkey contract with SAIL - Bokaro Steel Plant for the supply of roll shop equipment for the upcoming new cold rolling mill complex, which will have an annual production capacity of 1,200,000 tonnes.
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Siemens Receives Order from Gerdau Açominas for Rolling Mills
Aug. 26, 2010 - Gerdau Açominas has ordered a plate mill and a Steckel mill from Siemens VAI Metals Technologies, to be constructed at Ouro Branco in the state of Minas Gerais, Brazil. A second strand will also be added to the existing Siemens VAI continuous slab caster that initiated production a year ago.
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Green Initiatives Discussed at Posco Meeting
Aug. 25, 2010 - Posco recently held its first Posco Family Green Growth Committee meeting to check the current status and pending plans for its “green” projects and to prepare countermeasures to greenhouse gas regulations.
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Tata Steel Begins Construction of Gopalpur Industrial Park
Aug. 24, 2010 - Tata Steel has broken ground for the Gopalpur Industrial Park in southern Odisha. The company has proposed anchor investments of Rs 1000 crore for a 50,000-tonnes-per-annum Ferro Chrome Plant and a 400,000-tonnes-per-annum Rebar Steel Mill at the park.
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Vale Comes to Agreement with Liberia on Infrastructure Development
Aug. 24, 2010 - VBG - Vale BSGR Ltd. entered into an agreement with the government of the Republic of Liberia, laying down the main terms and conditions to be included in a definitive agreement on an infrastructure project to be implemented by a Liberian subsidiary of Vale BSGR.
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Siemens to Supply Water Treatment Plant for New Minimill in Slovakia
Aug. 24, 2010 - Slovakia Steel Mills has placed an order with Siemens to supply a water treatment plant to process water for direct and indirect cooling at the company’s new minimill in Strážské, which is designed to produce around 600,000 tonnes of structural steel per year.
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SAIL Commissions Second Ladle Furnace at Rourkela Steel Plant
Aug. 24, 2010 - Steel Authority of India Ltd. Chairman C.S. Verma has inaugurated the second ladle furnace of Steel Melting Shop-II at Rourkela Steel Plant. The 150-tonne ladle furnace will enhance the production capacity from the current 1.68 million tonnes per annum to 1.85 million tonnes of liquid steel per annum.
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Posco to Hire 1000 New Employees
Aug. 23, 2010 - Posco is planning to hire 1000 new hires in the second half of 2010, expanding this year’s new employment to 3500, a 44% increase over the previous year.
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Posco-Mexico, Union Agree on Work Shift Overhaul
Aug. 20, 2010 - Posco-Mexico signed a new agreement with the Confederation of Mexican Workers on a work shift revamp, which introduces two four-group shifts for its factory workers instead of the previous three shifts.
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voestalpine Sales, Earnings Increase During Q1 2010/11
Aug. 20, 2010 - voestalpine’s revenue went up by 22.1% from EUR 2,093.2 million for last year’s first quarter to EUR 2,556.1 million for the first quarter of 2010/11. The operating result (EBIT) increased by about EUR 230 million—from EUR -26.3 million to EUR 203.3 million.
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Mechel Implements Summer Holidays Program for Subsidiaries
Aug. 19, 2010 - Mechel OAO is continuing its tradition of corporate health rehabilitation for children of its subsidiaries’ employees. The company is providing tours to health resort facilities for the summer holidays for the seventh time.
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Salzgitter Group Records Pre-Tax Profit in Q2 2010
Aug. 19, 2010 - In the second quarter of 2010, the Salzgitter Group generated an operating pre-tax profit of €18.6 million (Q2 2009 recorded a loss of €96.9 million), bringing the first half of 2010 to a close with an operating profit before tax of €21.2 million.
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Posco ICT to Manage African Water, Sewage Systems
Aug. 18, 2010 - Posco ICT has begun a project to establish a monitoring system for water supply and drainage networks in major cities of Equatorial Guinea, West Africa. It will supply surveillance and control equipment for newly built networks in such cities as Mongomo, Ebebiyin, and Evinayong.
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ThyssenKrupp CSA Recognized for Safety Practices
Aug. 17, 2010 - ThyssenKrupp CSA Siderúrgica do Atlântico has received a diploma from the Brazilian Association for the Prevention of Accidents recognizing its work involving issues of health, safety, and environment during the construction of its steel mill complex between 2007 and 2010.
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Siemens to Supply Rourkela with RH Vacuum Degassing Plant
Aug. 17, 2010 - Siemens VAI Metals Technologies has received an order from SAIL to supply an RH vacuum degassing plant to the Rourkela Steel Works in the state of Orissa. The new plant, which will enable production of high-quality steel grades up to cold-rolled non-oriented types, is scheduled to come into operation by mid-2012.
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BlueScope Posts Profit, Declares Dividend
Aug. 17, 2010 - BlueScope Steel reported an A$192 million profit turnaround from the previous 12 months, delivering an A$126 million net profit after tax for FY2010. Directors have declared a 5 cents-per-share fully franked final ordinary dividend.
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Corus to Rebuild Blast Furnace in Wales
Aug. 17, 2010 - Corus plans to invest £185 million into the No. 4 Blast Furnace at Port Talbot steelworks. The furnace will undergo a rebuild, starting in July 2012, that will equip it with technology to improve its safety, environmental performance, and reliability.
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Posco Promotes Synergy among American Units
Aug. 16, 2010 - Posco recently hosted the Synergy Conference at the Posco-America headquarters in New Jersey in an effort to form a common ground for the steelmaker’s North and South American subsidiaries.
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Corus to Produce Wind Tower Components in Teesside
Aug. 16, 2010 - Corus plans to construct a new £31.5-million manufacturing plant in Teesside to produce steel foundation structures, called monopiles, used to secure offshore wind turbines to the seabed. Preliminary engineering work is under way at the Corus Redcar site.
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Ural Stal Orders Vacuum Degassing Plant from Siemens VAI
Aug. 16, 2010 - Siemens VAI Metals Technologies has received an order from the Russian Metalloinvest Holding to supply a new vacuum degassing plant to the JSC Ural Stal Works. The new plant is designed as a twin station with a capacity of 120 tonnes.
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ThyssenKrupp Reports Nine-Month, Q3 Results for 2009/10
Aug. 16, 2010 - ThyssenKrupp reported that order intake and sales increased quarter-by-quarter, and in the first nine months of 2009/2010 were up from the prior-year period. Order intake increased by 8% to €30.6 billion for the first nine months, and sales were 1% higher at €31.1 billion.
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NLMK Recognized as one of Russia’s Most Innovative Companies
Aug. 13, 2010 - Novolipetsk Steel celebrates the recognition of several of its projects under research conducted by Mediaholding Expert. As part of the research project, NLMK was also selected as one of the most innovative Russian companies.
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Tata Steel Reports Q1 Profit
Aug. 13, 2010 - Tata Steel Limited reported 1,825 crores (US$ 393 million) profit after tax for the quarter ended June 30, 2010, an improvement of 4,034 crores (US$ 869 million) compared to a loss of 2,209 crores (US$ 476 million) in the company’s year-ago first quarter.
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CSN Reports Q2 2010 Results
Aug. 12, 2010 - Companhia Siderúrgica Nacional posted net income of R$894 million for the second quarter of 2010, an increase of 85%, or R$412 million, compared to Q1 2010. Net revenue totaled R$3.9 billion, up 22% compared to the first quarter, chiefly due to an 86% upturn in mining revenue. Steel revenue increased 8% in the same period.
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Corus to Upgrade Scottish Steelworks
Aug. 12, 2010 - Corus plans to invest £8 million at its Dalzell steel mill to help meet demand for heavy plate products. The company is also recruiting 60 workers at two plants following an upturn in orders.
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WorldVest to Amend Company Name
Aug. 11, 2010 - WorldVest, Inc. plans to amend its name to Iron Mining Group, S.A. The name change should be effected with FINRA in the next 30 days. The company also recently cleared all conditions for the acquisition of Chile Inversiones de Minerales, Ltda. and anticipates final closing before August 31, 2010.
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voestalpine Appoints New Spokesman
Aug. 11, 2010 - Nikola Donig has been appointed as the new spokesman of voestalpine AG, effective from September 1, 2010. In this role, he will be the main point of contact for media within voestalpine’s group.
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ArcelorMittal South Africa Announces BEE Transaction with Ayigobi Consortium
Aug. 11, 2010 - ArcelorMittal South Africa has announced a broad-based Black Economic Empowerment (BEE) transaction to introduce a 26% BEE shareholding into its operations. The transaction facilitates participation by the Ayigobi Consortium and an Employee Share Ownership Plan for more than 8500 employees.
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Outotec Awarded Contracts for Karara Iron Ore Project
Aug. 10, 2010 - Outotec has been awarded orders for Australia's Karara Iron Ore Project that include the design, supply, delivery, and installation of the complete flotation circuit along with all filtration technology.
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Gerdau Revenue Grows with Recovery of Markets
Aug. 10, 2010 - The recovery of global demand for steel has driven Gerdau’s consolidated gross revenues to R$ 9.5 billion in the second quarter of 2010, a 31% increase on the same period of 2009. Physical sales have reached 4.4 million tonnes, a volume 30% higher than that of Q2 2009.
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Harsco Inks New Minerals Contract with Slovenia’s Acroni
Aug. 9, 2010 - Harsco Corp. is expanding into Slovenia under a new five-year Harsco Minerals contract with the Acroni d.o.o. steel mill, Slovenia’s largest steelmaking operation and Europe’s third largest producer of heavy stainless steel plates.
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China Steel Celebrates Record Hot Strip Mill Throughput
Aug. 9, 2010 - The cumulative production of China Steel’s No.1 Hot Strip Mill exceeded 100 million tonnes in July 2010. One of the major projects accomplished in 1982 during the company’s Phase II Expansion Project, No.1 Hot Strip Mill currently achieves 4.0 million tonnes of annual production.
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Posco, Krakatau Steel Set Up JV for Indonesian Integrated Mill
Aug. 9, 2010 - Posco and Krakatau Steel have agreed to establish a joint venture for the construction and operation of an integrated mill in State Enterprises Ministry Building of Indonesia. The first stage of the 3-million-tonne facility will start construction in the second half of this year at the earliest, for completion in December 2013.
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SSAB Reports Second Quarter 2010 Results
Aug. 5, 2010 - SSAB reported that second quarter 2010 sales increased by 66% to SEK 10,911 million, compared to SEK 6,583 million for the same period last year. An operating profit of SEK 708 million is a significant improvement over last year’s operating loss of SEK 952 million.
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NLMK Group Q2 2010 RAS Financial Results
Aug. 5, 2010 - Novolipetsk Steel has announced its Q2 2010 Russian Accounting Standards (RAS) financial results for its major companies. Revenue for the Lipetsk production site increased by 33% quarter-on-quarter and 75% year-on-year, mainly as a result of higher prices and seasonal improvement in demand.
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Siemens Slab Caster Starts Up at Qinhuangdao Shouqin
Aug. 5, 2010 - A slab caster capable of casting slabs in thicknesses up to 400 mm was recently started up at the steelworks of the Qinhuangdao Shouqin Metal Material Co., Ltd. in China. Siemens VAI received the order in June 2008 for a straight-mold, vertical-bending-type slab caster capable of casting up to 1.1 million tonnes of steel per year.
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ArcelorMittal Announces Bond Issue Pricing
Aug. 4, 2010 - ArcelorMittal completes pricing of two series of U.S. dollar denominated notes, consisting of USD 1 billion aggregate principal amount of its 3.75% Notes due 2015, USD 1 billion aggregate principal amount of its 5.25% Notes due 2020, and a reopening of its 7% Notes due 2039 for USD 500 million aggregate principal amount.
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Rio Tinto Further Invests in Pilbara Capacity Expansion
Aug. 4, 2010 - Rio Tinto is to invest an additional US$790 million in its effort to expand the annual capacity of iron ore operations in the Pilbara to 330 million tonnes, bringing total investment funds approved in recent weeks to US$1 billion.
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ArcelorMittal Reveals Excellence Award Winners
Aug. 4, 2010 - ArcelorMittal has announced the winners of its annual Performance Excellence Awards for the 2009 financial year. Encompassing six categories, the awards were established in 2007 to celebrate excellence and innovation across the ArcelorMittal Group.
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Vallourec Plans to Expand Plant in China
Aug. 2, 2010 - Vallourec plans to expand its V & M Changzhou plant in China, enabling the production of 60,000 tonnes of seamless pipes per year to serve the local demand for power plants. Operations are expected to begin by mid-2012.
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Air Liquide Expands Partnership with Severstal
Aug. 2, 2010 - The Air Liquide Group has signed a new contract with Severstal for outsourcing of industrial gases in Cherepovets. Production capacity of the new Air Separation Unit, which is scheduled to start-up at the end of 2012, will reach 2000 tonnes per day of gaseous oxygen.
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JSW Steel Dedicates Hot Strip Mill at Vijayanagar
Aug. 2, 2010 - The new state-of-the-art hot strip mill at JSW Steel Vijayanagar Works—said to be the widest and largest in India—was dedicated by Shri Virbhadra Singh, Hon’ble Minister of Steel, Govt. of India, on July 31. The new mill has 2250-mm width and a 1.5- to 25-mm thickness range.
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Posco Opens New Processing Center in China
Jul. 30, 2010 - Posco has completed the construction of Posco-CLPC, the new processing center at the EU Economic Development Zone in Shenyang, China, and started operations the same day. The new facility will process 170,000 tonnes of steel annually.
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JFE Steel, JSW Steel Take First Step in Strategic Cooperation
Jul. 28, 2010 - JFE Steel Corp. and JSW Steel Ltd. have signed agreements for JFE Steel to take an equity position in JSW Steel and to provide the Indian steelmaker with technical assistance. JFE Steel, through this partnership, now expects to participate on a full scale in India.
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JFE Steel to Acquire Stake in Pancheng Yihong Pipe
Jul. 27, 2010 - JFE Steel Corp. has agreed with Pancheng Yihong Pipe Co. to acquire a 24% stake in the Sichuan, China-based processor of high-quality seamless pipes for oilfields, by purchasing newly issued shares. JFE Steel’s 24% share will turn the company into a JFE Steel affiliate under equity-method accounting.
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Siemens to Modernize Long-Product Rolling Mill for Posco
Jul. 27, 2010 - Siemens VAI Metals Technologies has received an order from Posco Specialty Steel Co. Ltd. to modernize the long-product rolling mill in its Changwon Works. The modernization is scheduled to be completed by the end of 2011.
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Kobe Steel Completes 10,000-Tonne Forging Press
Jul. 27, 2010 - Kobe Steel, Ltd. has completed the construction of a 10,000-tonne forging press line at its Takasago Works in Hyogo Prefecture in western Japan. A manipulator, heating furnace, heat treatment furnace, crane, and other equipment were also installed.
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SAIL Begins Revival of Jagdishpur Unit
Jul. 27, 2010 - Atul Chaturvedi, Secretary of the Ministry of Steel, Govt. of India, and Steel Authority of India Ltd. Chairman C.S. Verma laid the foundation stone of a TMT (thermo mechanically treated) Bar Mill of 150,000-tonne-per-annum capacity, as part of SAIL's plan to revive and develop the steel plant of former Malvika Steel Ltd.
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Tata Steel Presents Dextro Energy Triathlon London
Jul. 26, 2010 - Tata Steel was the presenting partner of the International Triathlon Union World Championship London in Hyde Park over the July 24-25 weekend. The centerpiece of the Tata Steel VIP area was a signature structure that showcased innovative steel design.
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ThyssenKrupp Steel Europe Supplies Steel for Hydroelectric Power
Jul. 26, 2010 - ThyssenKrupp Steel Europe AG is supplying 17,000 tonnes of high-strength, quenched and tempered plate to the Ingula pumped storage scheme project of the South African power utility Eskom. The steel will be used to manufacture piping up to 5.1 meters in diameter for the scheme.
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Mechel Commissions New Production Complex
Jul. 26, 2010 - Mechel OAO announced that Russian Prime Minister Vladimir Putin pushed the start button of a high-quality and stainless steel production complex in the arc-furnace melting shop #6 of Chelyabinsk Metallurgical Plant.
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NSSC Launches Sn-added Ferritic Stainless Steel Grades
Jul. 23, 2010 - Nippon Steel & Sumikin Stainless Steel Corp. has developed what it calls the world’s first low-interstitial ferritic steel grades with tin, named the “FW series.” The company has begun marketing/distributing the first FW series steel, NSSC® FW1.
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Siemens Modernizes EAFs in Finland, Saudi Arabia
Jul. 22, 2010 - Siemens VAI Metals Technologies received orders to modernize electric arc furnaces for both the Saudi Iron and Steel Co. (Hadeed) and Outokumpu Oy. Both plants will be equipped with a new hydraulic system to improve the efficiency, availability, and productivity of the furnaces.
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New Process Boosts Productivity at ThyssenKrupp Acciai Speciali Terni
Jul. 22, 2010 - ThyssenKrupp Acciai Speciali Terni is one of only a few stainless steel mills using “S-6-high” rolling technology integrated on strip processing lines. Following installation at the beginning of 2010 and completion of the ramp-up phase, the new two-stand rolling mill is now running at full capacity.
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World Crude Steel Production Dips 4.4% in June
Jul. 22, 2010 - World crude steel production for the 66 countries reporting to the world steel association stood at an estimated 118.76 million tonnes in June 2010 — a 4.4% decrease from the previous month (May 2010) and an 18.0% increase vs. June 2009.
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Corus Recruits New Workers in Specialty Steels Business
Jul. 21, 2010 - Corus plans to recruit 154 new workers for its South Yorkshire manufacturing operations and to resume apprentice and graduate recruitment. Corus Specialty Steels is looking for 14 apprentices and seven graduates—the first time the business has recruited trainees since the economic downturn.
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Posco Holds Tech Exchange with Severstal
Jul. 20, 2010 - Posco recently held a technical exchange program with Severstal at Posco’s Pohang Works. The companies are building ties that include talks on commodity-related cooperation and a series of joint ventures in the Americas and Eastern Europe.
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SAIL Orders Long-Product Rolling Mill from Siemens VAI
Jul. 20, 2010 - The Steel Authority of India has awarded an order to a consortium led by Siemens VAI Metals Technologies for the construction of a new rolling mill for long products in Durgapur, West Bengal. It is scheduled to produce 1 million tonnes per annum, starting from mid-2012, of structural steels of various sizes and cross-sections.
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Gerdau Expands Investments in Ouro Branco
Jul. 20, 2010 - Gerdau is making a new investment at its steelworks in the city of Ouro Branco (state of Minas Gerais): its first hot-rolled coil mill to be installed in Brazil. A new flat steel rolling mill also will be installed for the production of heavy plates. Joint capacity of these two rolling mills will initially be 1.9 million tonnes/year.
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Vale Announces New Strategic Partner at Pecém Steel
Jul. 19, 2010 - Posco joins Vale and Dongkuk in the Companhia Siderúrgica do Pecém – CSP project, which is being built at the Pecém Industrial and Port Complex in the state of Ceará, Brazil. The new CSP shareholders participation will be approximately Vale 50%, Dongkuk 30%, and Posco 20%.
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Kumba to Halt Iron Ore Supply to ArcelorMittal
Jul. 19, 2010 - ArcelorMittal and Sishen Iron Ore Co. Ltd. (SIOC), a subsidiary of Kumba Iron Ore Ltd., have failed to conclude an interim price arrangement for the supply of iron ore. SIOC plans to cease supplying iron ore to ArcelorMittal's steel plants within two weeks as a result.
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IUCN, Rio Tinto Partner for Enhanced Sustainable Development
Jul. 16, 2010 - The International Union for Conservation of Nature and Rio Tinto have entered into a formal collaboration agreement. The three-year relationship aims to help Rio Tinto strengthen its sustainable development efforts, environmental management, and delivery of conservation outcomes.
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Second Posco-VHPC Factory Starts Processing
Jul. 16, 2010 - Posco has opened the second factory of Posco-VHPC; the first opened in March 2008 to provide high-quality steel-processing service in the Vietnamese market. With the new processing center in operation, Posco-VHPC will have 150,000 tonnes of production capability.
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Air Products to Supply Nitrogen and Hydrogen to Posco in India
Jul. 16, 2010 - INOX Air Products has signed a long-term contract with Posco Maharashtra Steel Private Ltd. (PMSPL) to supply on-site nitrogen and hydrogen gases to its new facility located in Maharashtra, Western India. The plants are expected to come on-stream in late 2011.
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Salzgitter Announces Next Executive Board Chairman
Jul. 15, 2010 - The Salzgitter AG Supervisory Board unanimously appoints Prof. Dr. Heinz Jörg Fuhrmann as the Chairman of Salzgitter’s Executive Board for the period from July 1, 2011 to June 30, 2016.
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Rio Tinto Approves Funding for Expansion of Pilbara Operations
Jul. 15, 2010 - Rio Tinto has announced US$200 million funding to prepare for the expansion of its iron ore operations in Western Australia. The funding will allow dredging contracts to be issued as part of early works on the expansion of the Cape Lambert port, supporting the Pilbara operations' overall capacity increase to 330 million tonnes a year.
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Mechel Reports First-Quarter Financial Results
Jul. 15, 2010 - Mechel reported that net revenue in the first quarter of 2010, which ended March 31, increased by 61.1% to $1.9 billion, compared to $1.2 billion in the first quarter of 2009. Operating income rose by 971.2% to $147.6 million, or 7.8% of net revenue.
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worldsteel Publishes 2010 World Steel in Figures
Jul. 14, 2010 - The World Steel Association has published the 2010 edition of World Steel in Figures, featuring comprehensive information on the production, trade and apparent use of crude steel, pig iron, iron ore and scrap. Top steel producing countries and companies are also highlighted.
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Posco Launches Second Carbon-Neutral Program
Jul. 13, 2010 - Posco recently launched the second “carbon-neutral program” at Seoul’s Posco Center as part of the steelmaker’s emissions reduction project. The contest is aimed at spreading social consciousness about climate change and practicing reductions of greenhouse gas emissions.
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ArcelorMittal Kryviy Rih Orders Ladle Met Equipment, Billet Caster from Siemens
Jul. 13, 2010 - Siemens VAI Metals Technologies will supply the ArcelorMittal steelworks in Kryviy Rih, Ukraine, with secondary metallurgical equipment, a six-strand billet caster, and the requisite auxiliary systems. The new plants are designed for an annual production of 1.4 million tonnes of billets and are scheduled to come into operation in September 2011.
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Posco Acquires 70% Share in Australian Coal Mine
Jul. 12, 2010 - Posco’s Australian unit, Posco Australia Pty. Ltd. (POSA), recently acquired a 70% share in the Sutton Forest Mine, which was owned by Anglo American. Posco says the acquisition raises its coal self-sufficiency ratio to 36% from the current 30%.
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Evraz Statement on Anti-Monopoly Investigation
Jul. 12, 2010 - The Russian Federal Antimonopoly Service has launched an investigation into Evraz Group and other coal mining companies relating to the pricing of coking coal in the Russian and export (ex-Russia) markets.
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SMS Siemag Commissions 4th Slab Caster at Salzgitter Flachstahl
Jul. 9, 2010 - SMS Siemag has successfully commissioned the fourth XCast continuous slab caster for Salzgitter Flachstahl GmbH. The single-strand circular-arc design caster produces slabs in widths ranging from 1100 to 2600 mm and in thicknesses of 250 and 350 mm.
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NLMK raises EURO125 million for Efficiency Upgrades
Jul. 8, 2010 - NLMK signs loan agreement with the European Bank for Reconstruction and Development to finance upgrades including a power plant that will be fired using blast furnace off-gases, and integration of PCI into its blast furnaces.
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Mechel OAO Acquires Turkish Steel Trading Company
Jul. 8, 2010 - Mechel OAO subsidiary Mechel Service Global BV has purchased a 100% stake in Turkish steel trading group Ramateks for a purchase price of $3 million and the assumption of up to $13.8 million in debt*, the majority of which is trade financing.
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Mechel OAO Announces Structural, Management Changes
Jul. 7, 2010 - Mechel OAO announced creation of a divisional management system that will fully control operational activities within all of the company’s segments. The company also announced several executive-level changes, including the resignation of Senior Vice President Vladimir Polin.
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Metinvest Group, Ilyich Steel Plant to Consolidate Assets
Jul. 2, 2010 - Ilyich Steel Plant and Metinvest Group decided to merge assets following talks about potential cooperation and consolidation of efforts to overcome consequences of the global financial crisis. The aggregate production potential after the consolidation will be 20 million tonnes of steel per year.
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Luoyang Longding Alu Orders Process Automation Systems from Siemens
Jul. 1, 2010 - Siemens Ltd. China has received an order from Luoyang Longding Alu Co., Ltd. to supply 26 Siroll ALU TCS process automation systems for its new aluminum rolling mill. The project also includes the first order for new Siroll Heavy Duty Shapemeter flatness measurement systems.
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Evraz Vitkovice Steel to Temporarily Shut Down Steel Shop
Jul. 1, 2010 - Evraz Group announces the temporary closure of the steel shop at Evraz Vitkovice Steel following failed negotiations between Evraz Vitkovice and ArcelorMittal Ostrava over prices for hot iron supplied by ArcelorMittal Ostrava.
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Companies Respond to European Commission Decision on Pre-Stressed Steel Case
Jul. 1, 2010 - The European Commission has completed its investigations into dozens of companies manufacturing prestressing steel. A total of 17 European steel producers will be fined for price collusion between competitors during the years 1984-2002. The Commission ordered fines totaling €518 million for the companies involved.
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Essar Steel Acquires UK’s Servosteel
Jun. 29, 2010 - Essar Steel subsidiary Essar Steel International BV has acquired Servosteel (Oakside Solutions Ltd), the largest independent steel processor in the UK.
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Vallourec & Mannesmann Tubes Invests in Changzhou Hi-tech District
Jun. 29, 2010 - Vallourec & Mannesmann Tubes recently signed an agreement with the Changzhou National Hi-tech District Administrative Committee to invest USD $289 million to implement a phase II expansion project with annual production capacity of 60,000 tonnes of wide-bore, heavy-walled seamless steel piping.
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Fitch Reports Global Steel in Recovery
Jun. 29, 2010 - Fitch Ratings expects to see demand for steel to continue on a slow and steady recovery pace over the next 12-18 months but not to reach peak levels for developed nations until 2012, according to its most recent “Worldwide Steel Outlook.”
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Rio Tinto Launches its Operations Centre
Jun. 28, 2010 - Rio Tinto has opened its new Operations Centre—a key part of the “Mine of the Future,” in Perth, Western Australia—after six months ramping up to full capacity. It is now the primary control center for Rio Tinto's network of mines, rail systems, infrastructure facilities, and port operations in the Pilbara.
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Harsco Receives Global Safety Award
Jun. 28, 2010 - Harsco has been selected by SABIC (Saudi Basic Industries Corporation) to receive its prestigious Safety, Health and Environment Award for Global Contractors for the past year.
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Posco Holds Tech Fair at Honda
Jun. 28, 2010 - Posco recently held a technology fair at Honda—the fourth such event for Japanese automakers going back to the Toyota fair in October 2009. Executives from the two companies discussed measures for mutual cooperation in technology.
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ThyssenKrupp Steel Europe Receives Order for Tailored Tempering
Jun. 28, 2010 - ThyssenKrupp Umformtechnik GmbH, a subsidiary of the Duisburg-based steel producer, has received an order from a German automaker to produce B-pillars by tailored tempering, which produces parts that are very strong yet also able to yield in specific areas.
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Leadership Change at Tata Steel Europe
Jun. 28, 2010 - Effective from October 1, 2010, Kirby Adams will hand over responsibility for the leadership of Tata Steel Europe to Dr. Karl-Ulrich Köhler, who will become Managing Director and Chief Executive Officer. Adams will remain available to Tata Steel in an advisory capacity.
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Mechel OAO Establishes Representative Office in Kemerovo City
Jun. 25, 2010 - Mechel OAO recently established its official representative office in Kemerovo city. Konstantin Anatolievich Panfilov, Mechel OAO’s Executive Vice President for Kemerovo region, was appointed the Head of the representative office.
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Sumitomo Metals to Enhance Capabilities of R&D Laboratories
Jun. 25, 2010 - Sumitomo Metal Industries, Ltd. has decided to renew the facilities of its Corporate Research & Development Laboratories at Amagasaki city. Construction work has already started and is expected to be completed in May 2012.
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Posco Exchanges Magnesium and Steel Technology
Jun. 25, 2010 - Posco recently hosted its first magnesium-related technology exchange meeting with German steel company TKS. Posco also recently had a joint workshop with Japan’s National Institute for Materials Science, exchanging knowledge in four primary research fields.
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Rio Tinto, BHP Billiton Amend Royalties and State Agreements
Jun. 24, 2010 - The Western Australian Government, Rio Tinto, and BHP Billiton have signed a Heads of Agreement that will enable greater flexibility and efficiency in managing their iron ore mining operations and infrastructure in the Pilbara.
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Ruukki to Supply Steel Piles for Harbor Projects in Western Europe
Jun. 24, 2010 - Ruukki has agreed to a number of steel pipe pile deliveries for harbor construction projects in the Netherlands, France, and the U.K., including for two combi walls for BAVO Kademuren, the subcontractor for the quay walls for a land reclamation project in the North Sea.
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Siemens VAI to Supply Rod Mill to Taihan Electric
Jun. 24, 2010 - Siemens VAI Metals Technologies has received an order from the Southwire Co. to supply a copper rod rolling mill and the associated coil handling system. The end customer is Taihan Electric Wire Co. Ltd. of Seoul, Korea. The new mill will be delivered by the end of 2010.
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JSW Steel Opens Branded Showroom at Hyderabad
Jun. 23, 2010 - JSW Steel has opened its fourth JSW Shoppe outlet in the southern state of Andhra Pradesh, in Hyderabad city. The company operates a total of 174 JSW Shoppe outlets through its dealers and plans to open 600 retail outlets by 2012.
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Siemens to Modernize Slab Steel Works in Indonesia
Jun. 22, 2010 - Siemens has received an order from PT Krakatau Steel of Cilegon, Indonesia, to completely modernize its slab steel works no. 1. The modernized works is scheduled to come into production in the summer of 2012.
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May World Crude Steel Output up 2.9% from Previous Month
Jun. 22, 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 124.18 million tonnes in May 2010 — a 2.1% increase from the previous month (April 2010) and a 29.1% increase vs. May 2009.
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Posco Buys Stake in Chinese Rear-Earth Metal Producer
Jun. 21, 2010 - Posco-China and Korean Resources Corp. have acquired a 60% stake in Yongxin Rare Earth Metal Co. The two companies plan to renovate production facilities at the Chinese company by November to produce 1000 tonnes of neodymium and as much NdFeB each year.
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Posco to Build Distribution Center in India
Jun. 21, 2010 - Posco recently had a groundbreaking ceremony for Posco-ISDC, the new distribution center for the Indian market being built near Dighi Port, Maharashtra State. Scheduled to open in December, Posco-ISDC is expected to handle 360,000 tonnes of steel products a year.
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Inauguration Ceremony at ThyssenKrupp CSA
Jun. 21, 2010 - The ThyssenKrupp CSA Siderúrgica do Atlântico steel mill in Santa Cruz, Brazil, is now ready for ramp-up. The investment project is central to its growth strategy for premium carbon flat steel in Europe and North America.
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ThyssenKrupp Inaugurates New Headquarters in Essen
Jun. 18, 2010 - ThyssenKrupp AG will officially inaugurate this week its new corporate headquarters – the ThyssenKrupp Quarter — a sustainable operation combining administrative offices previously spread over various locations.
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Evraz Launches Rail Mill Reconstruction at NTMK
Jun. 18, 2010 - Evraz Group has launched reconstruction of the rail mill at NTMK, its Russian steel plant in Nizhny Tagil, Urals. The project will expand the mill’s annual capacity to 550,000 tonnes.
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China Steel Blows in Revamped No. 1 Blast Furnace
Jun. 14, 2010 - China Steel held a blowing-in ceremony for the 4th campaign of No. 1 Blast Furnace, following a comprehensive revamp that included revamp of the shell, cooling stave, and furnace inner lining as well as the implementation of a comprehensive integrated control system.
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Posco Week Events Successful at Shanghai Expo
Jun. 11, 2010 - Posco Week special events dedicated to the promotion of the steelmaker attracted more than 25,000 people to its booth daily, helping the South Korea Joint Industrial Pavilion become a popular site at the Shanghai Expo.
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Outokumpu to Double Ferrochrome Production
Jun. 11, 2010 - Outokumpu has decided to restart the project to double the Group's ferrochrome production capacity in Finland. This investment will raise ferrochrome production in Tornio to 530,000 tonnes annually. Project implementation starts immediately.
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NLMK Wins National Environmental Award
Jun. 11, 2010 - Novolipetsk Steel has won a National Environmental Award for “Innovative Eco-Efficient Industrial Technologies,” being awarded a special figurine and diploma for the successful implementation of its “Industrial Water Supply System Upgrade” project.
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Outokumpu to Increase Capacity in Degerfors
Jun. 10, 2010 - Outokumpu invests €104 million to increase capability and capacity of stainless steel quarto plate production in Degerfors, Sweden. The investment will increase annual production capacity by 30% to 150,000 tonnes.
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ArcelorMittal Names New Head of Investor Relations
Jun. 9, 2010 - ArcelorMittal appoints Daniel Fairclough as its new head of investor relations, succeeding Julien Onillon, who is moving to become CFO of ArcelorMittal’s stainless steel business segment.
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David Joseph Establishes Switzerland Office
Jun. 9, 2010 - The David Joseph Co. announced the opening of an international office in Switzerland, which will serve current and potential European customers, focusing on ferrous and ferro-alloy scrap, and exploring other opportunities to provide its services.
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Tata Steel Active on World Environment Day
Jun. 8, 2010 - Tata Steel observed World Environment Day at Jamshedpur and all its operational locations, keeping with this year’s global theme, “Many Species. One Planet. One Future.” The day included a widespread tree-plantation drive.
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Corus Increases Reversing Mill Plate Price
Jun. 8, 2010 - Corus has increased transaction prices for reversing mill plate by £60 per tonne on all new orders from June 4. The increase is driven by further rises in raw material costs and continued improvements in demand for steel plate.
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Emerging Markets to Drive Stainless Steel Growth
Jun. 8, 2010 - Global production of stainless steel is likely to exceed 30 million tonnes this year compared to less than 24 million tonnes in 2009, with 50% of this output likely to come from emerging markets such as China, India, the Middle East, and South America, reported the Chairman of the Bureau of International Recycling, Stainless Steel & Special Alloys Committee.
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Posco Conducts Research for Better Workplace
Jun. 7, 2010 - Posco recently launched a research group for GWP (Great Work Place) Making, which will conduct research on various factors involved in making a better workplace, as well as approaches to improve them.
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Posco to Strengthen its Global Education Program
Jun. 7, 2010 - Posco opened a Posco Family Global Mini MBA program in association with the University of Hawaii at the end of last year. In August, the Global Capability Building Workshop will be hosted for factory managers at Gwangyang and Pohang Steelworks. Posco also recently launched the Cross-cultural Negotiation Development Program at the university.
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Tata Steel Unveils Environment Awareness Campaign
Jun. 7, 2010 - Tata Steel has unveiled its new nationwide environment awareness campaign “Greenfection” to raise awareness and urge the citizens to protect the environment. The launch was marked by “Green Lighting” of the Victoria Memorial and the Tata Centre in Kolkata.
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ThyssenKrupp Stahl-Service-Center Relocates to Krefeld
Jun. 4, 2010 - ThyssenKrupp Stahl-Service-Center GmbH has relocated to Krefeld, bringing together the production operations and expertise of its three North Rhine-Westphalian branches—Bochum, Breyell, and Leverkusen—as well as its headquarters, formerly based in Langenfeld.
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Open-die Forging Press from SMS Meer Inaugurated at Buderus
Jun. 4, 2010 - The 80/100-MN open-die forging press installed by SMS Meer was formally inaugurated in March at the Wetzlar Works of Buderus Edelstahl GmbH. The press can be operated with both 8000-tonne press force and in the slower upsetting cycle with 10,000-tonne press force.
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Gerdau S.A. Proposes to Acquire Minority Shares in Gerdau Ameristeel
Jun. 3, 2010 - Gerdau S.A. has delivered to the Board of Directors of Gerdau Ameristeel a proposal to acquire all shares of Gerdau Ameristeel Corp. that it does not already own for US$11.00 cash per share. The Board has unanimously determined that it would support a transaction at the price, subject to finalization of definitive documentation for the transaction.
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ArcelorMittal Kryviy Rih, Siemens Begin Construction of CCM
Jun. 3, 2010 - ArcelorMittal, ArcelorMittal Kryviy Rih, and Siemens VAI jointly announced that construction of the first Continuous Casting Machine (CCM) at the ArcelorMittal Kryviy Rih has begun. Capacity of the new CCM will be over 1.2 million tonnes of steel per year; start-up is targeted for September 2011.
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voestalpine Appoints New Member to Management Board
Jun. 2, 2010 - The Supervisory Board of voestalpine AG recently appointed Franz Rotter to the Management Board, effective from January 1, 2011. He will head the Division Special Steel, taking over from Claus J. Raidl.
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Outokumpu Opens Service Center in Kunshan, China
Jun. 2, 2010 - Outokumpu has inaugurated a new service center in Kunshan, Jiangsu Province, China, that will support the Group's strategy of expanding operations in Asia. The Kunshan service center has an annual capacity of about 30,000 tonnes of stainless steel.
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LKAB Inaugurates Gruvberget Iron Ore Mine
Jun. 2, 2010 - Mining has commenced at Gruvberget in Svappavaara, Europe's largest iron ore project, after LKAB's president Lars-Eric Aaro and Kiruna's municipal commissioner Kenneth Stålnacke fired the first round to inaugurate LKAB's first new iron ore mine in 50 years.
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Vale to Sell Minority Stakes of Oman Subsidiary
Jun. 1, 2010 - Vale S.A. has entered into an agreement with Oman Oil Co. S.A.O.C. (OOC) to sell 30% of Vale Oman Pelletizing Co. LLC, for US$125 million. OOC is a wholly owned company of the Government of the Sultanate of Oman.
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JSW Steel Acquires Coking Coal Mine in U.S.
Jun. 1, 2010 - JSW Steel Ltd. has completed the acquisition of certain coking coal mining concessions in the U.S., following Board approval in March. The mines, located in West Virginia, have total resources of 123 million tonnes.
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Posco Holds Tech Fair for Japanese Automakers
Jun. 1, 2010 - Posco is holding a series of technology fairs mainly aimed at its Japanese customers that manufacture automotive products. The steelmaker plans to introduce its global sales network and the various auto parts made of its steel products at these fairs.
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Mechel Obtains International Credit Rating
May 28, 2010 - Moody's Investors Service has assigned a B1 corporate family rating to Mechel and a B1 Probability of Default Rating. Moody's Interfax Rating Agency also assigned an A2.ru.ru national scale rating to the company.
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SMS Siemag to Extend X-Melt Converter Shop at Dragon Steel
May 28, 2010 - Dragon Steel Corp. has placed an order with SMS Siemag to supply the third 230-tonne converter as part of the extension of the carbon steel plant (Phase II). The third converter is scheduled to be commissioned in 2012.
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ArcelorMittal Donates to Sept-Iles Cegep
May 27, 2010 - ArcelorMittal is contributing $800,000 for the construction of a new building wing devoted to metallurgy and technological transfer in industrial maintenance. The new wing will be named the ArcelorMittal Institute of Mineral Technology.
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NLMK Group Recognized for ‘Deal of the Year’
May 26, 2010 - NLMK Group’s ECA-backed loan, which raised EUR524 million to finance the purchase of imported equipment, has recently won the Trade Finance and Trade & Forfaiting Review magazines’ “Deal of the Year” award.
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Dragon Steel Orders RH-TOP Unit from SMS Mevac
May 26, 2010 - Dragon Steel of Taichung, Taiwan, has awarded SMS Mevac a contract to supply a second RH-TOP unit, which is the expansion of the secondary metallurgical key equipment for the new BOF steelworks.
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RH-TOP Unit from SMS Mevac Commissioned at Shougang Qian’An
May 25, 2010 - Shougang Qian’An Iron & Steel Co. Ltd., China, successfully commissioned the fourth duplex RH-TOP unit made by SMS Mevac. The new unit will mainly be used for the production of vacuum-treated automotive steel grades as well as silicon steels.
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Henan Jiyuan Orders Wire Rod Outlet from Siemens VAI
May 25, 2010 - The Henan Jiyuan Iron & Steel (Group) Co., Ltd. has ordered a wire rod outlet from Siemens VAI Metals Technologies for its first imported rod mill that will produce higher-quality steel grade products for the company. The project is scheduled for completion by late 2011.
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Posco Selected as Preferred Bidder for Daewoo International
May 25, 2010 - The Public Fund Oversight Committee recently held meetings at the Korea Deposit Insurance Corp. with the Sales Review Subcommittee and selected Posco as the final preferred bidder for Daewoo International. Posco plans to utilize all cash assets to take over the creditor’s shares of 68.15% without external loans.
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SMS Mevac to Supply Ladle Met Center for OMZ Plant at Kolpino
May 24, 2010 - Forpost Management has commissioned SMS Mevac to plan and deliver key components for a ladle metallurgical center that is to be integrated into the OMZ plant at Kolpino. The center will include a 120-tonne ladle furnace and two tank degassing units.
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Posco Breaks Ground for Posco-CYPC in Yantai
May 21, 2010 - Posco has started the construction of Posco-CYPC, a new Chinese processing center capable of processing 170,000 tons of steel products annually for local customers such as Shanghai GM and Geely, as well as Foxconn and Samsung Electronics.
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April World Crude Steel Output Nearly 36% above Last Year
May 21, 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 121.65 million tonnes in April 2010 — a 0.4% decrease from the previous month (March 2010) and a 35.7% increase vs. April 2009.
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HRH Prince Charles visits Teesside Cast Products
May 20, 2010 - Corus CEO Kirby Adams and Managing Director Jon Bolton host His Royal Highness Prince Charles and a delegation from the Business in the Community charity during a tour of Teesside Cast Products on Wednesday, May 19.
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ThyssenKrupp Schulte Opens New Center in Bielefeld
May 20, 2010 - ThyssenKrupp Schulte GmbH has opened a state-of-the-art flame cutting center that will produce finished parts tailored to customer requirements, mainly from structural steels, boiler plate, wear-resistant steels and special structural steels up to grade S 960 QL.
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Nippon Steel, Ternium Sign MoU to Form Joint Venture in Mexico
May 18, 2010 - Nippon Steel and Ternium have signed a memorandum of understanding to form a joint venture that is expected to build a hot-dip galvanizing plant in the vicinity of Monterrey City, and subsequently manufacture and sell high-grade, high-quality galvanized and galvannealed steel sheets.
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Baosteel, Shanghai Toshiba Establish Joint Laboratory
May 17, 2010 - A Baosteel-Toshiba SH joint laboratory has been formally established to accelerate product development and product performance improvement. The two companies regard the new lab as the cooperative platform for silicon steel development and its application on air-conditioner compressors.
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Severstal Invests in Iron Ore Projects in Republic of Congo and Gabon
May 14, 2010 - OAO Severstal has announced the multi-stage acquisition of new shares in Core Mining Ltd., which controls exploration licenses for the Avima iron ore deposit in the Republic of Congo (Brazzaville) and the Kango iron ore deposit in the Republic of Gabon. The investment will be used to fund Core’s exploration program for both projects.
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Posco Breaks Ground for Plate Processing Center in Dalian
May 14, 2010 - The steelmaker recently held a groundbreaking ceremony for Posco-CDPPC, a new plate facility, in the Lingang Industrial Zone, which is located on Changxing Island, Dalian. Posco plans to supply major shipbuilding companies with an annual thick plate production of 200,000 tonnes.
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SMMD, Hokuriku Electric Conclude Absorption-Type Corporate Split Contract
May 13, 2010 - Hokuriku Electric and Sumitomo Metal Micro Devices (SMMD) have concluded a contract on the absorption-type corporate split, whereby the Systems Division of Hokuriku Electric will be split and succeeded to SMMD on August 2, 2010. SMMD is scheduled to change its company name to HDK Micro Devices that same day.
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SSAB Set to Expand Business in Chinese Market
May 13, 2010 - SSAB plans to further expand its operations in mainland China. The company expects the Asian market to account for 20% of its total output of niche products by 2015, compared to 7% in 2008.
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First Installation of Siemens LiquiRob at Riva Group EAF
May 13, 2010 - The Riva Group has become the first steel producer to use the Siemens LiquiRob robot system at an electric arc furnace. The technology has been installed in its French plant in Neuves-Maisons where it handles sampling and temperature and Celox measurements.
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Ultrasonic Inspection Station Commissioned at Tomago
May 12, 2010 - Tomago Aluminium together with Hertwich Engineering successfully commissioned in February 2010 the supplied ultrasonic inspection station, which was integrated so every billet passing through the saw plant can be quality-checked for center cracks and surface faults.
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Japanese Firms to Establish JV for Aluminum Forged Parts in China
May 12, 2010 - Kobe Steel, Mitsui, and Toyota Tsusho have signed an agreement to form a joint-venture company, provisionally called Kobe Aluminum Automotive Products (China) Co., Ltd., to produce and market aluminum forgings for automotive suspensions. Following construction of a plant, production is anticipated to begin in August 2012.
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Arvedi Grants Acceptance to Siemens for Endless Strip Line
May 12, 2010 - Acciaieria Arvedi SpA has issued the Final Acceptance Certificate to Siemens VAI for its new Arvedi ESP line in Cremona, which has successfully cast 80-mm thin strands at speeds in excess of six meters per minute and endlessly rolled hot strip down to a thickness of 0.8 mm.
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Tata Named ‘Steelmaker of the Year’ at AISTech
May 12, 2010 - Ratan N. Tata, Tata Sons Ltd., Tata Industries, was named “Steelmaker of the Year” at AISTech 2010, managed by the Association for Iron & Steel Technology, for its “entrepreneurial spirit” that lead Tata Steel from India’s first integrated steel plant to a global leader in steel production.
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SMS Meer Supplies VCC Rolling Mill to Daehan Steel
May 10, 2010 - Daehan Steel of South Korea has placed an order with SMS Meer for the supply of a Vertical Compact Coiler rolling mill for compact coils. The mill, with an annual capacity of 450,000 tonnes, is scheduled to go into operation in April 2011.
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Posco-CFPC Named Excellent Supplier by Midea
May 7, 2010 - Posco-CFPC recently received a supplier award for 2009 from Midea Group’s home appliance division, which produces a range of electric devices for which stainless steel plates are used, such as microwaves, dishwashers, and laundry machines.
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AIC Completes Rolling Mill Revamping Project in Italy
May 7, 2010 - Complete revamping of the twin-strand rolling mill of ORI Martin Group in Ceprano was recently concluded. Automazioni Industriali Capitanio completed the work in two phases planned during standard plant stops in August and December.
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Rio Tinto Restarts Iron Ore Expansion Program in Canada
May 7, 2010 - Rio Tinto has recommenced its expansion program in its Iron Ore Co. of Canada operations, with new investment of US$401 million. It was initially approved in March 2008 but suspended later that year due to the global financial crisis.
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Linde Builds Industrial-Scale Air Separation Plant in Kazakhstan
May 6, 2010 - The Linde Group will construct a large, state-of-the-art air separation plant for ArcelorMittal at its Temirtau site in Kazakhstan. The plant, scheduled to go on stream mid-2012, will be Kazakhstan's first industrial-scale development, with a daily capacity of 2000 tonnes.
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SMS Meer, SMS Concast to Supply Steelworks Complex in Bahrain
May 6, 2010 - United Steel Co. placed an order with SMS Meer and SMS Concast for the design and supply of a turnkey minimill plant for beams and sections in the Kingdom of Bahrain. The project, to be carried out with Samsung Engineering, is scheduled for completion by 2012.
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Corus to Again Raise Prices for Structural Sections
May 5, 2010 - Corus will increase transaction prices for structural sections by £80 per tonne on all deliveries from May 30. The company raised structural-sections prices by £50 from March 1 and by another £60 from May 2.
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NLMK Product Quality Complies with International Standards
May 5, 2010 - Novolipetsk Steel has passed a series of audits conducted by TÜV CERT, including an examination of the company’s overall Quality Management System that confirmed its compliance with international standard ISO 9001:2008.
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ThyssenKrupp Proposes Successor for Chairman of the Executive Board
May 5, 2010 - The Personnel Committee of the Supervisory Board of ThyssenKrupp AG has proposed the appointment of Dr. Heinrich Hiesinger, currently a member of the Executive Board of Siemens AG, as successor to Dr. Ekkehard Schulz as Chairman of the Executive Board of ThyssenKrupp AG.
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Vale Acquires Simandou Iron Ore Assets
May 4, 2010 - Vale S.A. has acquired from BSG Resources Ltd. a 51% interest in BSG Resources (Guinea) Ltd., which indirectly holds iron ore concession rights in Simandou South (Zogota) and iron ore exploration permits in Simandou North and Blocks 1 & 2.
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P.T. Indonesia Nippon Steel Pipe Increases Capacity
May 4, 2010 - P.T. Indonesia Nippon Steel Pipe has decided to increase its production capacity by building another plant at a site adjacent to the existing plant. The new plant will have a 2-in electric-resistance-welded pipe mill for both stainless and carbon steels.
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Air Products, Danieli Corus Bring BF Plus to Steelmaking Industry
May 4, 2010 - Air Products and Danieli Corus have integrated their technologies to develop the Blast Furnace Plus (BF Plus), a patent-pending technology that reportedly can reduce blast-furnace operating costs while raising the calorific content of the furnace's top gas.
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Steel Industry By-Products Report Available from worldsteel
May 3, 2010 - The World Steel Association has published a report on steel industry by-products—the result of a survey of worldsteel member companies. It looks at by-products generation rates, recycling or reuse rates, and management techniques.
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ArcelorMittal Leads by Example on Health and Safety Day
May 3, 2010 - ArcelorMittal recently held its fourth annual Health and Safety Day, the theme for this year's event being “Leading by Example.” The event coincides with the International Labor Organization's World Day for Health and Safety at Work.
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Yichang Three Gorges Orders Air-Knife Systems from FOEN
Apr. 29, 2010 - Yichang Three Gorges has placed an order with Fontaine Engineering und Maschinen (FOEN) for the supply of six air-knife systems inclusive of the electrical and automation package. The systems are to be integrated into six hot-dip galvanizing lines.
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Tenova to Supply New Line to SAIL
Apr. 29, 2010 - Tenova Strip Processing recently received an order from Steel Authority of India Ltd. for a Tension Leveling and Inspection Line for the Bokaro steel plant, in the state of Jharkhand. The line is expected to be commissioned within 24 months.
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Changes in Outotec’s Executive Board
Apr. 28, 2010 - Outotec has appointed Mika Saariaho, Ph.D. (Technology), as Chief Strategy Officer and member of the Executive Board as of August 1, 2010. CFO and member of the Executive Board, Vesa-Pekka Takala, is leaving after 21 years of service in Outotec's former parent company Outokumpu.
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voestalpine Continues to Invest in Linz
Apr. 28, 2010 - voestalpine Stahl GmbH continued its EUR 700 million investment program “L6” in the 2009/10 business year, despite the poor economic climate. About one-half of all the L6 projects, which extend the annual crude steel production from 5.5 million to approximately 6 million tonnes, were implemented.
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Ruukki Provides Steel Structures for New Bridge in Finland
Apr. 27, 2010 - Ruukki is responsible for the fabrication and installation of the load-bearing steel structures for the new Pekkala Bridge to be built in Joensuu, Finland, and for delivery of the large piles used for the foundations of the bridge.
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Posco Launches Comprehensive e-Learning System
Apr. 27, 2010 - Posco recently launched a comprehensive e-Learning system that employees of affiliates and overseas subsidiaries can access for learning. Employees of affiliates can access the system through each company’s intranet without a separate ID and password.
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JSW Steel Launches JSW TMT Plus in Jaipur
Apr. 27, 2010 - JSW Steel recently launched JSW TMT Plus in Jaipur to become one of the first Indian primary steel producers to use the Morgan Enhanced Temperature Controlled System to produce TMT bars.
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SAIL Names New Director of Personnel
Apr. 26, 2010 - Bansh Bahadur Singh has recently been named Director (Personnel) of Steel Authority of India Ltd. Singh was previously Executive Director In-charge (Personnel) with additional charge of Operations, SAIL.
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Corus Confirms Price Hike on Reversing Mill Plate
Apr. 26, 2010 - Corus has increased transaction prices for reversing mill plate prices by £80 per tonne on all new orders from April 23. The move is in response to continued increases in raw material costs and increasing demand for steel plate, particularly in Northern Europe.
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Ruukki Steel Featured on Highest Aerial Platform
Apr. 22, 2010 - Ruukki's high-strength Optim 650 MC and Optim 900 steels are used for the world's highest truck-mounted aerial platform, which reaches up to a height of 112 meters. The aerial platforms are made by Bronto Skylift.
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Vallourec Acquires Serimax
Apr. 22, 2010 - Vallourec has reached an agreement to acquire 100% of Serimax, which the company says will complement its existing line pipe operations that account for about 10% of the Group’s total Oil and Gas sales. The purchase price amounts to €150 million.
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SMS Meer Commissions High-Speed Bar Mill in Syria
Apr. 21, 2010 - International Co. for Steel Rolling in Hassia, Syria, has successfully commissioned the SMS Meer-supplied bar mill, which is designed for the production of rebar with low and medium carbon content and an annual output of 300,000 tonnes in dimensions of 8 to 40 mm round.
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March World Crude Steel Output More than 30% above Last Year
Apr. 21, 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 120.31 million tonnes in March 2010 — an 11.2% increase from the previous month (February 2010) and a 30.6% increase vs. March 2009.
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ArcelorMittal Kryviy Rih CEO Named ‘Best Manager’
Apr. 20, 2010 - Jean Jouet, CEO of OJSC ArcelorMittal Kryviy Rih, was recently chosen as “best manager in the steel industry in Ukraine” according to the Top-100 rating by Investgazeta. Jouet was one of five industry leaders who shared first place.
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SKF Inaugurates Wind Industry Service Center in Shanghai
Apr. 19, 2010 - The SKF Asia Pacific wind industry service center was inaugurated at the SKF Solution Factory in Shanghai on April 14, 2010. This is the third one of its kind, according to SKF, following the centers in Hamburg and Houston.
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Posco’s Vietnamese Cold Rolling Mill in Full Operation
Apr. 19, 2010 - Posco-Vietnam’s cold-rolling mill produced 80,000 tonnes of cold-rolled steel products in March, with an operation rate of 80%—20% higher than projected. Since the beginning of April, the plant has been in full operation, producing 100,000 tonnes of steel.
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ThyssenKrupp Supplies Steel Sandwich Elements for Melbourne Stadium
Apr. 16, 2010 - ThyssenKrupp Steel Europe has supplied 25,000 square meters of Hoesch isowand vario® elements for the roof of a new sports stadium in Melbourne. Originally developed for wall and facade applications, the technology is said to be perfectly suited to the special architecture of the stadium shell.
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Outotec to Reduce Employees in Finland
Apr. 16, 2010 - Outotec has concluded employee negotiations in Finland to seek alternative ways for cost saving to minimize the need for redundancies. The outcome is there will be a workforce reduction of 84 employees in Outotec's corporate management, support functions, research center, and business units in Finland, to be implemented in April 2010.
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POSTECH Professor Awarded James C. McGroddy Prize
Apr. 14, 2010 - Cheong Sang-wook, chair professor at Pohang University of Science and Technology (POSTECH), recently became the first Korean awardee of the James C. McGroddy Prize for New Materials. He was recognized for his contributions in advancing the understanding and utility of multiferroic oxides.
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President of India Presents SCOPE Meritorious Awards to SAIL
Apr. 14, 2010 - President of India Her Excellency Smt. Pratibha Devisingh Patil recently presented two Meritorious Awards in Specialized Fields, instituted by the Standing Conference of Public Enterprises (SCOPE) to Steel Authority of India Ltd. (SAIL).
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OMZ Foundry Produces Large Castings for Shipbuilding Industry
Apr. 13, 2010 - Following an order by OAO Admiralty Shipyards, OMZ Foundry is producing a set of castings, with an overall weight of more than 200 tonnes, for a new polar scientific vessel. Castings of stern posts and tail posts have already been made.
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BHP Billiton Enters Joint Venture for Indonesian Coal Project
Apr. 13, 2010 - BHP Billiton has recently entered into binding agreements to create a new joint venture for its Indonesian Coal Project (ICP) with a subsidiary of PT Adaro Energy TBK, which has agreed to acquire a 25% interest in the ICP joint venture. BHP Billiton holds the remaining 75%.
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Posco Named Most Competitive Steelmaker in the World
Apr. 12, 2010 - Posco won first place in the 2010 Steelmaker Competitiveness Assessment published by World Steel Dynamics, an agency specializing in the analysis of the steelmaking industry. Posco received the highest grades for core technology, pricing power, and financial soundness out of 23 criteria.
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Posco Receives Supplier of the Year Award
Apr. 9, 2010 - Posco was recently named Supplier of the Year by Shanghai General Motors for 2009. Posco formed a partnership with Shanghai GM in 2007 and has since ensured the timely supply of some hard-to-produce items.
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Siemens Receives New Order for Dry Dedusting System in China
Apr. 9, 2010 - A steel producer from Northern China has ordered a dry dedusting system from Siemens VAI Metals Technologies that is to be installed in an LD steel works. The project also includes a gas recovery system that collects and treats the converter gas for subsequent power generation.
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OMZ Project Leaders Receive State Awards
Apr. 8, 2010 - Leaders who contributed to a steelmaking facility commissioned at Izhorskiye Zavody (St. Petersburg, Kolpino) in June 2009 with financial and organizational support from Gazprombank have been recognized by the President of the Russian Federation.
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Galvanizing Line Commissioned at MMK-Atakas Mill in Turkey
Apr. 8, 2010 - MMK recently commissioned a continuous hot-dip galvanizing line at its MMK-Atakas mill in Turkey at Iskenderun. The facility was supplied by Danieli & C. Officine Meccaniche SpA. The designed production capacity of the unit is 450,000 tonnes per annum.
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Mechel Establishes Mecheltrans Management OOO
Apr. 7, 2010 - Mecheltrans Management OOO started operation on April 1, 2010. Mechel OAO established the company to increase management efficiency of Mechel group’s logistic assets, including preparation of solutions for goods transportation; control over shipment schedules; and capital development.
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ArcelorMittal Kryviy Rih to Start Construction on First CCM
Apr. 7, 2010 - OJSC ArcelorMittal Kryviy Rih plans to begin construction of secondary metallurgy and continuous billet casting technology in April. The continuous casting machine (CCM) is a key part of the company’s modernization program and one of its investment obligations according to the sale and purchase agreement.
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SKF Restructures Capacity at Gothenburg
Apr. 6, 2010 - SKF recently implemented a program to adjust manufacturing capacity in Gothenburg, Sweden, including early retirement, voluntary compensation, organizational reallocation, and investments in skills and development. The restructuring affects around 150 people.
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voestalpine Restructures Bohler Uddeholm
Apr. 6, 2010 - The Supervisory Board of parent company voestalpine AG in September 2009 decided to restructure the organization of the Special Steel Division (Böhler Uddeholm Group). The organizational changes took effect April 1.
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Kobe Steel to Pursue ITmk3 Project in Vietnam
Apr. 6, 2010 - Kobe Steel, Ltd. received an investment license on March 31 from the Socialist Republic of Vietnam to construct ITmk3® ironmaking plants. The company plans to establish a locally incorporated company, Kobelco Iron Nugget Vietnam LLC, in April 2010, through which the project can be carried out.
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Corus Markets New HyPerform Steel Grade
Apr. 5, 2010 - Corus claims to be first to market with a new grade of steel—dual phase (DP) 800HyPerform—designed specifically for the automotive industry. The steel grade’s minimum ultimate tensile strength is 780 MPa, and it offers extra ductility for good formability and weldability.
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Kobe Steel Receives Plant Order from Bahrain Steel Company
Apr. 5, 2010 - Kobe Steel, Ltd. has been awarded a contract to supply a MIDREX® Direct Reduction Plant with an annual capacity of 1.5 million tonnes to Bahrain's United Steel Co. Under the full turnkey project, Kobe Steel is responsible for the design, equipment supply, construction, and start-up of the facility, which will make direct reduced iron.
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Evraz Launches Rail Mill Reconstruction at NKMK
Apr. 5, 2010 - Evraz Group S.A. has begun the rail mill reconstruction at NKMK, its Russian steel plant in Novokuznetsk, Siberia. Once reconstruction has been completed, which is anticipated in 2012, NKMK will be able to produce 25- and 100-meter high-speed rails.
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EU Hands out Excess Carbon Allowances in 2009
Apr. 2, 2010 - The recession led to emissions from industrial plants included in the EU's emissions trading system to drop by 11% in 2009, according to energy information provider ICIS Heren. The EU handed out more free carbon allowances than were actually needed for plants to comply with 2009 emissions.
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worldsteel Comments on Iron Ore Contracts
Apr. 2, 2010 - The steel industry, through worldsteel, expresses renewed concern at the inevitable consequences of imposed pricing settlements and possible abuse of dominant positions by the main iron ore suppliers.
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Construction Begins for Second Posco-CTPC Plant
Apr. 2, 2010 - Posco held a groundbreaking ceremony for a second Posco-CTPC plant within the Tianjin Economic-Technologic Development Area on March 30. The automobile sheets facility will have an annual capacity of 120,000 tonnes.
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LKAB Works toward Start-up of Three New Iron Ore Mines
Mar. 31, 2010 - LKAB plans to open an open-pit mine at Gruvberget during the first half of 2010, and also is planning to submit applications for a project to drain the Leveäniemi open pit and for test drilling for the Mertainen deposit in the Svappavaara area.
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OJSC ArcelorMittal Kryviy Rih Complies with International Quality Standard
Mar. 31, 2010 - An audit recently took place at ArcelorMittal Kryviy Rih that confirmed compliance to the international standard BS EN ISO 9001:2008. Auditors also executed a sample collection of reinforcing bar and took part in tests of 460B\B500B and B500C grades to the requirements of British standards BS 4449 versions 1997 and 2005.
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Court Convicts Rio Tinto Shanghai Employees
Mar. 31, 2010 - The Shanghai Number One Intermediate People's Court has convicted the four Shanghai employees detained on July 5, 2009, on charges of receiving bribes and obtaining commercial secrets. Rio Tinto will terminate their employment.
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SAIL to Form Shipping JV Company with SCI
Mar. 31, 2010 - Steel Authority of India Ltd. (SAIL) has signed an agreement for formation of a 50:50 joint venture company with Shipping Corp. of India Ltd. (SCI). The JV will initially cater to around 1 million tonnes of SAIL's imported cargo annually.
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Praxair India Strengthens Association with SAIL
Mar. 31, 2010 - Praxair India has won a contract to supply gases to the Bhilai facility of Steel Authority of India Ltd. Praxair India will build, own, and operate two cryogenic air separation units, each with a capacity of 1250 tonnes per day.
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Mechel Campia Turzii Certified to Mark Products with CE Marking
Mar. 30, 2010 - An annual product certification procedure was recently completed at the Mechel Campia Turzii plant. The audit inspection results confirmed the plant’s procedures-compliance to EU requirements; the plant is rightfully able to mark its products with the CE marking.
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Outokumpu to Reevaluate Ferrochrome Production Expansion
Mar. 30, 2010 - Outokumpu has decided to update the feasibility study on the investment to double the ferrochrome production capacity in Tornio, Finland, to 530,000 tonnes. A decision based on the study is expected to be made by the end of June 2010.
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Korean Steelmakers Recycle Nearly 100% of Metal Slag
Mar. 30, 2010 - About 99.8% of metal slag was recycled by Korean steelmakers last year, according to a report by the Korea Iron & Steel Association. Of the 16.7 million tonnes of slag produced in 2009, 16.67 million tonnes was recycled, surpassing the 95% target set by the government.
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LOI Italimpianti Tenova to Supply Heating Hoods to Liuzhou
Mar. 30, 2010 - Liuzhou Iron & Steel (Group) Co. has awarded a contract to LOI Thermprocess for a phase II extension of a new HPH® (high-performance hydrogen) bell-type annealing plant, following its completion. An additional six bases and three heating hoods will be supplied.
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Outokumpu Participates in Wind Park Project at Tornio
Mar. 29, 2010 - Outokumpu is a shareholder in Rajakiiri Oy, which specializes in wind power. Rajakiiri has made an investment decision to build a 30-megawatt wind park in Röyttä, on the sea coast of the Tornio Works site. Outokumpu will receive 20% of the wind power produced by the park.
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Battery B3 Commissioned at ZKS
Mar. 29, 2010 - A celebration was recently held to mark the commissioning of the new Battery B3 at Zentralkokerei Saar GmbH (ZKS), the joint coking-plant operating subsidiary of AG der Dillinger Hüttenwerke and Saarstahl AG.
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Trial Underway for Rio Tinto Shanghai Employees
Mar. 26, 2010 - Rio Tinto notes that the trial to hear formal charges against the four Shanghai employees detained since July 5, 2009, will be held at the Shanghai Number One Intermediate Court from March 22, 2010. The charges relate to receiving bribes and stealing commercial secrets.
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JSW Steel Inaugurates Branded Showroom at Mumbai
Mar. 26, 2010 - JSW Steel has inaugurated its fourth JSW Shoppe in Mumbai through its authorized dealer M/s K.Amishkumar Trading Pvt. Ltd at Ghatkopar (East). The shoppe sells JSW products ranging from hot-rolled to color-coated steels along with long products.
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Essar to Buy Aries Coal Mines in Indonesia
Mar. 26, 2010 - The Essar Group signs agreement to purchase Aries coal mines in Indonesia, representing an estimated resource base of 100 million tonnes of thermal coal and mineable reserves of 64 million tonnes.
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Danieli Helps Set Milestone in Bar Mill Production at SN Longos
Mar. 25, 2010 - Danieli notes that a new milestone was recently set in the rolling of long products at the SN Longos Seixal bar mill in Portugal: 50 meters per second producing 8-mm-diameter deformed bars, through the Danieli Morgårdshammar high-speed twin-channel system.
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Siemens to Help Modernize Dneprospezstal Steel Works No.3
Mar. 25, 2010 - Siemens VAI Metals Technologies has received an order from JSC Electrometallurgical plant “Dneprospezstal” to supply a new electric arc furnace and water treatment plant for its no. 3 steel works. The modernized steel works is scheduled to become operational in Q1 2012.
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ArcelorMittal Poland Signs Contracts with Kompania Weglowa
Mar. 24, 2010 - Kompania Węglowa will supply coking coal for the next five years to two coking plants owned by ArcelorMittal Poland. Within the scope of the second contract, ArcelorMittal Poland is to supply Kompania Węglowa with mining supports.
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NLMK Commissions High-Capacity Ladle Furnace
Mar. 24, 2010 - Novolipetsk Steel commissions a high-capacity four million tonne/year ladle furnace in cooperation with Siemens VAI (Austria) as part of the second stage of its Technical Upgrade Program.
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Uhde, Praxair Sign Global Hydrogen Alliance Agreement
Mar. 23, 2010 - Uhde and its subsidiary Uhde Corp. of America signed a global hydrogen alliance agreement in December 2009 with Praxair. The arrangement effectively covers the areas of steam reformer-based hydrogen plants and over-the-fence hydrogen supply.
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Rio Tinto, Chinalco Sign MoU to Form Iron Ore Joint Venture
Mar. 23, 2010 - Rio Tinto and Chinalco have signed a nonbinding memorandum of understanding to establish a joint venture covering the development and operation of the Simandou iron ore project in Guinea. The scope of the proposed joint venture covers rail and port infrastructure as well as the mine itself.
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Danieli Meltshop Installed at Votorantim Group
Mar. 23, 2010 - The new Danieli steel meltshop installed at the Votorantim Group steel works in Resende, Brazil, to produce 1 million tonnes per year of billets has been operating successfully since October 2009.
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Power Plant to Become Subsidiary of ArcelorMittal Ostrava
Mar. 22, 2010 - The Board of Directors of ArcelorMittal Ostrava recently decided at the general meeting to carve out the part of the company that engages in the generation of electricity, in favor of creating a 100% subsidiary, ArcelorMittal Energy Ostrava s.r.o.
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Corus Raises Prices for Reversing Mill Plate
Mar. 22, 2010 - Corus Long Products is increasing transaction prices for reversing mill plate by £60 per tonne, effective on all orders received from March 22. The increase is in addition to the £60-per-tonne rise introduced from February 7.
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Posco Stainless Material ASTM-Registered
Mar. 22, 2010 - A new stainless steel material developed by Posco, the 445NF, has been registered with the American Society for Testing Materials (ASTM) with the serial number S44536. The new steel will mainly be used for kitchen utensils and interior materials of elevators.
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Danieli Undertakes Structural Mill Project in India
Mar. 22, 2010 - Rashtria Ispat Nigam Ltd., a Government of India Enterprise, has contracted Danieli to supply a new 850,000-tonnes-per-year structural mill that will produce a range of structural section types and sizes, at rates of up to 200 tonnes per hour.
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Mechel Retains Leadership among Russian Hardware Producers
Mar. 19, 2010 - Mechel OAO cites a report released in early March by Prommetiz stating that two of Mechel’s steel division plants retained their leading position among Russian hardware producers that are members of the association during January and February.
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Posteel Opens New Pipe Plant in Oman
Mar. 19, 2010 - Posteel recently opened Gulf International Pipe Industry (GIPI), a new 250,000-tonne production facility specializing in API pipes based in Sohar, Oman. Posteel will supply 100,000 tonnes of hot-rolled coils annually to GIPI, which are needed to produce the pipes.
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CMC Zawiercie Operates New Bar Mill with Morgan XpertManager
Mar. 18, 2010 - Siemens VAI Metals Technologies has received an order from CMC Zawiercie S.A. to equip a new bar mill with the Morgan XpertManager manufacturing execution system, which will enable the company to analyze operations, manage production, and optimize the mill’s throughput.
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NLMK Launches Final Stage of Environmental Project
Mar. 18, 2010 - Novolipetsk Steel has begun the final stage of reconstructing the gas exhaust ducts at BOF Shop No.1 at its main production site in Lipetsk, the goal of which is to improve operational reliability and reduce the company’s environmental impact.
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Harsco Expands Environmental Services to Baosteel
Mar. 18, 2010 - The Harsco Metals business group has been awarded an environmental services contract to deploy a new zero waste byproduct recycling service at Baosteel’s Ningbo integrated carbon steelmaking facility in Zhejiang Province.
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Siemens VAI Names New Head of Long Rolling Business
Mar. 17, 2010 - Hubert Max Köbach has been named Chief Executive Officer of the Morgan Construction Co. and head of Siemens VAI Metals Technologies Long Rolling Business, replacing Philip R. Morgan on January 4, 2010. Morgan Construction was acquired by Siemens in April 2008.
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Air Liquide to Build Air Separation Unit for Chinese Steel Producer
Mar. 16, 2010 - Air Liquide will invest about €40 million in Yichun, Heilongjiang Province, to supply Xilin Steel Group with oxygen, nitrogen, and argon. A 1200-tonnes-per-day Air Separation Unit will be designed and built by Air Liquide Hangzhou and is expected to be commissioned in Q1 2012.
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Handan Iron & Steel Orders Combi-caster from Siemens
Mar. 16, 2010 - Siemens VAI Metals Technologies will supply a five-strand combi-caster to Handan Steel Works in China. The new plant will be capable of producing a total of 1.45 million tonnes of beam blanks and blooms per year.
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Outokumpu Restarts Operations in Röyttä Harbor in Tornio
Mar. 15, 2010 - Outokumpu announced on March 12 that the operations in Röyttä harbor in Tornio, Finland, have been restarted despite the stevedores strike. The loading and unloading of ships is being carried out with the help of subcontractors.
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Danieli Supplies Equipment for “Twin” Wire Rod Mills in China
Mar. 15, 2010 - Danieli is supplying key equipment and technology for two high-speed wire rod mills, each with a capacity of 750,000 tonnes per year, under construction at Shangdong Laigang Yongfeng Steel for production of engineering and special steel wire rod in coils.
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Baosteel Completes First Export Contract for Cold-rolled Stainless Steel
Mar. 15, 2010 - Coordinated by Baosteel Co., Ltd. Stainless Steel Business Unit and Baosteel America Inc., more than 120 tonnes of 304 stainless steel produced by the Baosteel Stainless Steel Cold Rolling Project mill that was recently put into production were shipped to the U.S. on March 7.
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Magazine Names MMK-Atakas Finan?ing “The Deal of the Year”
Mar. 12, 2010 - MMK-Atakas project financing was selected by Trade Finance magazine as “The Deal of the Year.” According to the magazine, OJSC MMK put together a ground-breaking deal to secure financing for the MMK-Atakas flat steel making plant in Turkey.
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SinoCoking Commences Construction of New Coking Facility
Mar. 12, 2010 - SinoCoking Coal and Coke Chemical Industries, Inc. recently broke ground on the construction of its new coking facility in Pingdingshan city, in Henan Province, China. The facility will have an anticipated maximum annual production capacity of 900,000 tonnes of coke.
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Danieli to Supply Equipment to Jianlong Group, Stefana Montirone
Mar. 12, 2010 - Jianlong Group Co., Ltd. has contracted Danieli CentroMet / Danieli Changshu Metallurgical Equipment and Service Co., Ltd. to supply a new conticaster for large-size rounds to be installed in its Chengde steel plant. Stefana Spa has also contracted Danieli for the supply of a FastCast CCM for production of billets, to be installed in its Montirone steelworks.
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Ruukki Offers Strong, Weather-Resistant Structural Steel
Mar. 11, 2010 - Ruukki is launching Optim 960 QCW structural steel, a new grade that combines high strength and weather resistance. Optim 960 QCW is made using a direct quenching process developed by Ruukki and is suitable for applications such as containers, cranes, and booms.
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Outokumpu Duplex Pipes Used by Metso for Pilot Paper Machine
Mar. 11, 2010 - Outokumpu has introduced a new comprehensive system of duplex pipes and fittings, called Outokumpu Duralite™ Piping System, to serve customers in a range of applications. Metso chose Duralite pipes in the lean duplex grade LDX 2101® to rebuild a pilot paper machine.
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Siemens Replaces LD Converters at CSN
Mar. 11, 2010 - Companhia Siderúrgica Nacional (CSN) has placed an order with Siemens for the replacement of two LD converters at its Volta Redonda location. Turnkey delivery of the converters is planned during the summer of 2011 and at the end of 2012, respectively.
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Mechel, Gazprombank Amend Credit Facility Agreements
Mar. 10, 2010 - Mechel OAO announces prolongation of credit facilities for its subsidiaries obtained earlier from Gazprombank. According to the amendment agreements, the credit maturity extends from three years to six years.
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Posco Completes Corporate Restructuring
Mar. 10, 2010 - Posco has created the Growth Investment division, integrated the Marketing and Production divisions, and established the new post of Chief Technology Officer to increase the synergy on technology independence and development.
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Outokumpu, Ruukki Affected by Stevedores Strike in Finland
Mar. 9, 2010 - Outokumpu reports that the strike of the Finnish stevedores has started to impact its operations in Röyttä harbor in Tornio. At Ruukki, the strike will initially affect the transportation of steel products for export, which will be evident in longer delivery times.
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Outokumpu Oyj Unaffected by Finnish Harbor Workers' Strike
Mar. 5, 2010 - Outokumpu announces that the strike of Finnish harbor workers does not have any material impact on its exports or imports. The private part of the Röyttä harbor, which only serves Tornio Works, is expected to operate “almost normally” with the help of subcontractors.
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PBS Coals Appoints New CEO
Mar. 4, 2010 - Coals Inc. recently appointed Lynn Shanks as CEO. He assumed the position on February 18.
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Ruukki Releases Report on 2009 Environmental Responsibility
Mar. 3, 2010 - Ruukki claims in its 2009 corporate environmental report that it made progress in the energy efficiency of production with the aim of achieving energy savings of 9%, compared to 2005 levels, by 2016. The company spent a total of EUR 21 million on environmental investments in 2009.
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JFE Steel Acquires Stake in Vietnam's Sun Steel
Mar. 2, 2010 - JFE Steel Corp. has acquired 16.64 million shares, or 8%, of Sun Steel Joint Stock Co. (SUNSCO), a manufacturer of galvanized steel sheet and steel pipe in Vietnam. The shares were purchased from Maruichi Steel Tube Ltd.
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Fives Stein Helps Usiminas Increase Plate Mill Capacity
Mar. 2, 2010 - To increase the capacity of the Plate Mill located in Ipatinga, Brazil, Usiminas ordered from Fives Stein Inc. a package consisting of one new Digit@l Furnace® and implementation of Level 2 system by Fives Stein on two existing furnaces.
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Danieli Carries Out Ezz Flat Steel Minimill Expansion
Mar. 1, 2010 - Danieli is carrying out a major expansion of the Ezz Flat Steel flat products minimill located in the Ain Sukhna Industrial Area in Egypt, with the aim of enlarging the product range to include concrete reinforcement steel bars.
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ArcelorMittal Reacts to Kumba Iron Ore Supply Stoppage
Mar. 1, 2010 - Trading in shares in ArcelorMittal South Africa was recently halted. The company has received notification from Kumba Iron Ore that from March 1 forward it will not supply iron ore to ArcelorMittal from its Sishen iron ore mine under the terms of their 2001 supply agreement.
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Second Group of Posco Youth Volunteers Sent Off
Feb. 26, 2010 - The second group of the “Posco Global Hope-Sharing Young Corps” left for Hanoi, Vietnam, on February 19. These youth volunteers will teach locals the Korean language and computer skills until August.
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BHP Billiton Appoints President of Stainless Steel Materials
Feb. 26, 2010 - BHP Billiton has appointed Glenn Kellow as President, Stainless Steel Materials, effective from April 1, 2010. Gerard Bond, who was the CFO of Stainless Steel Materials and has been acting President, will assume the role of Project Director in the Finance Group.
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Two New Members to Join Vallourec’s Supervisory Board
Feb. 25, 2010 - The Supervisory Board of Vallourec recently decided to submit to the vote of the Annual General Shareholders’ Meeting the appointments of Vivienne Cox and Alexandra Schaapveld as members of the Supervisory Board.
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Corus Confirms Price Increase on Forging Steels
Feb. 25, 2010 - Following Corus Long Products' price rise announcement in January, the company has confirmed a £60-per-tonne increase on the base price of forging steels on all products for delivery from April 5, 2010.
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Danieli Completes Existing Wire Rod Mill at Diler Demir Çeljk
Feb. 25, 2010 - The 400,000-tonnes-per-year Danieli high-speed wire rod mill—in operation at the 1.2 million-tonnes-per-year steel complex of Diler Demir Çeljk in Gebze, Turkey, since July 2008—has been completed with the installation of a new straight bar production outlet.
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World Crude Steel Output Climbs Another 2.1% in January 2010
Feb. 23, 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 109.24 million tonnes in January 2010 — 2.1% higher than the previous month (December 2009) but about 26% higher than January 2009.
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Posco, KOCEMA to Cooperate on Steel Technologies
Feb. 22, 2010 - Posco recently signed the “Technological Support and Steel Products Supply Agreement for Mutual Cooperation of Large, Mid, and Small Sized Companies” with KOCEMA (Korea Construction Equipment Manufacturers Association) in Seoul.
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Andec, Kamastal Upgrade with Danieli Equipment
Feb. 22, 2010 - The upgrading of Andec-Acerias Nacionales del Ecuador steelworks in Guayaquil was completed in December with the start of operation of a new 25-tonne Danieli ladle furnace and the associated fume dedusting plant. A new Danieli secondary refining station also was installed as part of the modernization of the existing Kamastal Metallurgical Works Ltd. steelmaking facilities in Perm.
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MMK Commissions Secondary Steel Treatment Complex
Feb. 22, 2010 - Magnitogorsk Iron & Steel Works has commissioned a new secondary steel treatment complex at its Oxygen Converter Shop that will facilitate the production of steel grades for high-quality pipes and automotive steel.
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Posco Confirms Executive Director Candidates
Feb. 19, 2010 - Posco recently held a board meeting to confirm Posco ICT CEO Han-yong Park, Vice President Chang-gwan Oh (Marketing Director), and Jin-il Kim (Head Manager of Pohang Steelworks) as executive director candidates. They will take the post following approval at the shareholders meeting scheduled for February 26.
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LKAB Plans for Three New Iron Ore Mines
Feb. 19, 2010 - LKAB plans to open an open-pit mine at Gruvberget, near Svappavaara, during the first half of 2010. The company also plans to submit applications this year for a project to drain the Leveäniemi open pit, which was closed in the mid-1980s, and for test drilling at Mertainen.
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Danieli Heavy Section Mill Selected for ESI Minimill Expansion
Feb. 19, 2010 - Emirates Steel Industry (ESI) has contracted Danieli for the completion of Phase 2 expansion of the minimill complex currently in operation in the Mussaffah Industrial Area, Abu Dhabi, with the installation of a new heavy section mill with a capacity of 1 million tonnes per year of large-size sections, beams, columns, and sheet piles.
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Posco Delivers Haiti Relief Funds
Feb. 18, 2010 - Posco delivered relief funds of USD300,000 for Haiti to the Korean National Red Cross President Yoo Chong-ha on February 10, along with a KRW 78 million donation collected from 9447 employees in online contributions between January 22 and 28.
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Mechel Progresses in Development of Elga Coking Coal Deposit
Feb. 18, 2010 - At the beginning of February, two special heavy machinery convoys departed from the Upper Ulak station (Amur Region) where a Mechel OAO-owned construction base is located. The equipment, which is intended for development of Elga coking coal deposit, has reached the location of the new open pit mine construction.
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BSP Awarded as Best Integrated Steel Plant
Feb. 18, 2010 - Bhilai Steel Plant (BSP), the flagship unit of Steel Authority of India Ltd., has received the Prime Minister’s Trophy for emerging as the best-performing steel plant in the country for the years 2006-07 and 2007-08.
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Danieli Bar and Section Mill in Operation at Duferdofin-Nucor Giammoro
Feb. 18, 2010 - The new Danieli merchant bar mill was started up in November 2009 at Duferdofin-Nucor Giammoro, Sicily. The 20-stand high-speed continuous mill has a designed capacity of 700,000-tonnes per year of 8 to 25-mm-diameter deformed bars and a range of sections, rolled at rates of 100 tonnes per hour.
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Danieli Bloom Casters in Operation at Acciaierie Venete, RUE BMZ
Feb. 17, 2010 - A new jumbo-size conticaster for large-size blooms from Danieli has operated successfully since November 2009 at Acciaierie Venete, an Italian SBQ producer. Danieli Centro Met also carried out reconstruction and upgrading of the four-strand No. 3 bloom caster at the No. 2 steel melting shop of Byelorussian Steel Works (RUE BMZ) of Zhlobin, Belarus.
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Pomina, Thep Viet Steel Group Select Tenova Melt Shops
Feb. 16, 2010 - Tenova Melt Shops has been chosen by Pomina and Thep Viet Steel Group to supply a new melt shop unit with a Consteel® EAF. The melt shop is scheduled to be put in operation at the end of 2011 in Phu My Industrial Zone, near Ho Chi Minh City.
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Danieli Caster in Operation at Usha Martin
Feb. 15, 2010 - A new twin-strand, 12-m-radius Danieli FastCast™ special steel bloom conticaster operates at Usha Martin’s new meltshop in Adityapur (Jamshedpur) in the State of Jharkand. Startup took place in September 2009.
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Injuries Down in ArcelorMittal Companies
Feb. 15, 2010 - In 2009, the total number of injuries with lost work days in ArcelorMittal Ostrava was nine, compared with a previous 21 injuries. The rolling mills of ArcelorMittal Frýdek-Místek reported no injury with lost work days last year.
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New Paint Shop for Ruukki's Unit in Jászberény
Feb. 15, 2010 - Ruukki plans to invest in a new paint shop and packaging-dispatch department to serve engineering customers at the Jászberény plant in Hungary. The paint shop is expected to come on stream in fall 2010.
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Rio Tinto Offers Update on Shanghai Employees
Feb. 12, 2010 - Rio Tinto has been advised that the People's Procuratorate has transferred the case relating to the four Shanghai employees, detained since July 5, 2009, to the Shanghai Number One Intermediate Court for trial. A trial date has not yet been set.
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New Danieli Special Steels Rolling Mill for Bhushan
Feb. 12, 2010 - Bhushan Power and Steel Ltd. has selected Danieli as supplier for its new 500,000-tonnes-per-year rolling mill plant to be installed in the state of Orissa, India, for production of specialty and engineering steel long products. Startup is scheduled for the end of 2010.
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Rautaruukki Celebrates 50 Years
Feb. 12, 2010 - February 11, 2010, marked the 50th anniversary of Rautaruukki's foundation. The company was founded by the Finnish State and seven major Finnish metal companies: Fiskars, Lokomo, Otanmäki, Outokumpu, Rauma-Repola, Valmet, and Wärtsilä.
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Posco Selected as Global Top 100 Company
Feb. 11, 2010 - Posco has been selected as a Davos Forum Global Top 100 Company, being recognized for its profitability as well as social responsibilities. Posco ranked 93rd, while GE ranked 1st in this year’s sustainable-management evaluation.
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Nippon Steel, Nippon Denko Strengthen Strategic Alliance
Feb. 11, 2010 - Nippon Steel Corp. and Nippon Denko Co., Ltd. have agreed to further strengthen the alliance between them to respond to further changes in the materials environment. Nippon Steel also decides to increase its holding ratio of Nippon Denko shares from 9.5% to 15%.
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worldsteel Works with UNEP Toward Low Carbon Society
Feb. 11, 2010 - The World Steel Association has joined the United Nations Environmental Program's Life Cycle Initiative as a Gold Sponsor. worldsteel will provide support for programs and initiatives that advance the development and refinement of life cycle analysis.
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worldsteel Announces steeluniversity Challenge Winners
Feb. 10, 2010 - The industry category winner of the fifth steeluniversity.org Challenge was a team from DragonSteel/China Steel Corp. of Taiwan, China, and the runner-up was a team from China’s Wuhan Iron and Steel Corp. The winner and the runner-up in the student category were both from China’s Wuhan University of Science and Technology.
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Böhler-Uddeholm Announces Management Changes
Feb. 9, 2010 - As part of the restructuring of the Böhler-Uddeholm Group, Heimo Stix, Member of the Management Board with responsibility for the High Performance Metals Division/Production, is terminating his employment with Böhler-Uddeholm AG as of March 31, 2010. Franz Rotter assumes responsibility for the post.
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SSAB Names New Head of Strategy
Feb. 9, 2010 - SSAB has appointed John Klint as Head of Strategy and Business Development, a newly created position within the company’s Group Executive Committee.
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JFE Steel, Mycron Steel Agree on Strategic Collaboration
Feb. 9, 2010 - JFE Steel Corp. and Mycron Steel Berhad, a Malaysian cold-rolled steel sheet manufacturer, have signed an agreement for strategic collaboration. JFE Steel also has acquired 3% of Mycron Steel’s outstanding equity.
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Posco Green Growth Committee Declares Emissions Reduction Goals
Feb. 9, 2010 - Posco has decided to cut down on carbon dioxide emissions by 9% based on the average of the three most recent years by 2020, as well as to reduce 14 million tonnes of social carbon emissions through manufacturing of energy-efficient steel products and green growth businesses.
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Linde Technology Helps ArcelorMittal Garner AIST Award
Feb. 9, 2010 - REBOX® oxyfuel technology developed and deployed by Linde North America has helped ArcelorMittal win the AIST 2009 Energy Achievement Award for its efforts to reduce fuel consumption by nearly two-thirds in the billet reheating operation at its Shelby, Ohio, seamless tube mill.
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ArcelorMittal South Africa Announces Changes to Board
Feb. 8, 2010 - ArcelorMittal South Africa has announced the appointment of Johnson Njeke, who has served as independent non-executive director on its board since January 2002, as full-time chairman. He replaces Dr. Khotso Mokhele. The company also welcomes Malcolm Macdonald as an independent, non-executive director to its board.
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Tata Steel Posts Production and Sales Growth
Feb. 8, 2010 - Tata Steel surpassed 600,000 tonnes monthly finished steel production for the first time in January 2010, with 607,000 tonnes of saleable steel representing an 11% increase over last January’s production of 548,000 tonnes.
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Severstal to Supply Large-Diameter Pipes for ESPO-II
Feb. 5, 2010 - Severstal will supply large-diameter pipes for the second phase of the East Siberia-Pacific Ocean (ESPO) oil pipeline. When completed, the pipeline will carry oil to Russia’s Far East and Asia-Pacific markets.
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Tenova to Supply Electrolytic Lines in China
Feb. 5, 2010 - Yi Chang Three Gorges Quan Tong Colored and Galvanized Plate Co. Ltd. has awarded contracts to Tenova for the supply of two high-speed Electrolytic Tinning Lines equipped with insoluble anodes technology and two high-speed Electrolytic Chromium Coating Lines.
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Siemens Modernizes Rolling Mill for Italian Structural Steelmaker
Feb. 5, 2010 - Feralpi Siderurgica SpA has placed an order with Siemens VAI Metals Technologies for a new intermediate mill for its rebar rolling mill No. 1. The plant will be able to roll billets with a larger cross-section when the modernization project is completed in fall 2010.
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Outotec to Deliver Sintering Technology for JSW Steel
Feb. 4, 2010 - Outotec has signed a contract for the delivery of sintering technology for JSW Steel Ltd.'s new iron ore sinter plant to be built in Toranagallu, India. The new plant is expected to produce annually around 2.3 million tonnes of iron sinter.
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ThyssenKrupp Hosting Final of Jugend Forscht
Feb. 4, 2010 - The 45th final of the German competition Jugend forscht (“young people researching”) is taking place in Essen in May 2010. For the third time, ThyssenKrupp is hosting the nationwide competition.
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Outokumpu Appoints Head of Tornio Works
Feb. 4, 2010 - Hannu Hautala has been appointed Senior Vice President - Tornio Works as of May 2, 2010, at the latest. He will report to CEO Juha Rantanen and will succeed Pekka Erkkilä, who has been temporarily responsible for Tornio Works since September 15, 2009.
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Outokumpu Products Have Small Carbon Footprint
Feb. 3, 2010 - Outokumpu cites the recent Life Cycle Inventory Study on Stainless Steel Production in the EU showing that its stainless steel products have the smallest carbon footprint, in general 10 to 20% smaller than the EU average.
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SMS Meer Commissions ERW Tube Welding Line at Arvedi
Feb. 2, 2010 - SMS Meer has successfully commissioned a 12-¾” ERW (electric resistance welding) tube welding line for heavy wall thicknesses at Arvedi Tube Acciaio S.p.A. in Cremona, Italy. The project was completed in one year.
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Sumitomo Wins Contract to Supply UOE Line Pipe
Feb. 1, 2010 - Sumitomo Metal Industries, Ltd. and Sumitomo Corp. have won a contract from Nord Stream AG to supply large-diameter welded (UOE) line pipes, coated on the inner and outer walls, for the Nord Stream Project.
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Tata Steel, NMDC Sign MOU for Iron Ore Resources
Feb. 1, 2010 - NMDC and Tata Steel have signed an MOU to explore possibilities of entering into joint ventures for the purpose of acquisition, exploration, and development of mines; extraction and processing of minerals; setting up integrated steel plants; and any other business that is of mutual interest.
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Baosteel, Shanghai Railway Bureau to Establish Strategic Cooperation
Jan. 28, 2010 - Baosteel Group Corp. recently signed a letter of intent for strategic cooperation with Shanghai Railway Bureau. The two will work together on trading and management of railway construction projects material supply and railway scrap steel recycling, among other areas.
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ArcelorMittal Makes Donation for Victims in Haiti
Jan. 27, 2010 - ArcelorMittal, through the ArcelorMittal Foundation, has donated 1 million USD to help the relief efforts in Port-au-Prince, Haiti, following the earthquake that struck the island earlier this month.
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Danieli to Supply Turnkey Direct Reduction Plants in MENA Region
Jan. 27, 2010 - After the successful startup of the 1.6 million tonnes per year Energiron DRI plant at Emirates Steel Industry minimill #1 in Abu Dhabi, Danieli is supplying two more new DRI plants under the Energiron technology worldwide license agreement.
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Ruukki to Deliver Shipbuilding Plates
Jan. 25, 2010 - Ruukki has signed a contract with STX Finland Oy's Rauma shipyard to deliver plates for a polar supply and research vessel, which has been ordered by the South African Department of Environmental Affairs.
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Posco Buys Stake in Roy Hill Holdings
Jan. 25, 2010 - Posco recently signed a cooperation agreement to buy a 15% stake in Roy Hill Holdings, which is currently leading the Roy Hill iron ore mining project in the Pilbara region of Australia.
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ISRA PARSYTEC to Supply Inspection Solution to Thai Producer
Jan. 25, 2010 - ISRA PARSYTEC has received a purchase order by the stainless steel producer ThaiNox Stainless PLC for a surface inspection system at its Annealing Pickling (APF) line in Rayong as well as a full license for the Quality Yield Management software.
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World Crude Steel Output Decreases by 8.0% in 2009
Jan. 25, 2010 - Despite a 13.5% year-on-year increase in crude steel production from China, world crude steel production decreased by about 8.0% in 2009 compared to 2008, with an estimated production total of 1220 million tonnes.
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Report Reveals Greater Ore Potential in Kemi Mine
Jan. 22, 2010 - Outokumpu says that the mineral resources in Kemi mine may turn out to be significantly greater than earlier estimated, based on a seismic research report by Geological Survey of Finland in late 2009.
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steeluniversity Challenge 2009/2010 Ready to Begin
Jan. 22, 2010 - The fifth steeluniversity Challenge, aimed at university and college students and new employees in the steel-industry supply chain, will begin on January 27 and run for 24 hours. This online competition uses steeluniversity.org website’s secondary steelmaking and plate rolling simulations.
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ArcelorMittal Kryvyi Rih Recognized for Environmental Protection
Jan. 21, 2010 - ArcelorMittal Kryvyi Rih has been named Environment Protection Leader 2009 within the “Ecology, environment, and nature management Ukraine” national project, for consistently introducing modern environmentally friendly technologies and equipment.
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MMK, TMK Extend Partnership
Jan. 20, 2010 - MMK and TMK have extended their partnership until 2015 in agreement with a memorandum on strategic cooperation signed in February 2007. Further cooperation was also discussed during a recent meeting, including collaboration regarding Mill 5000 products.
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Handan Orders Wire Rod Outlet from Siemens
Jan. 20, 2010 - Handan Iron & Steel Co. has ordered a wire rod outlet from Siemens VAI Metals Technologies for a rolling mill in its Handan Works. The new equipment will enable Handan to produce rods from 5 to 22 mm in diameter, with the capability to expand to 25-mm rod, and rebar from 6 to 16 mm.
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ArcelorMittal Supports Emergency Intervention in Haiti
Jan. 19, 2010 - The ArcelorMittal Foundation supports an intervention from the organization Médecins sans frontières for the victims affected by the earthquake in Port-au-Prince, Haiti. The Foundation will donate US$100,000 to enable this intervention, which aims to address the needs of around 70,000 people.
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Carrington Wire to Wind Down Business
Jan. 19, 2010 - Carrington Wire will implement a managed wind down of the business due to continuing losses resulting from a contraction of the steel-wire market. This move includes the closure of the Elland manufacturing plant over the coming months.
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Blast Furnace Construction Progressing at NLMK
Jan. 19, 2010 - Installation of the basic structures at Novolipetsk Steel’s new blast furnace #7, with 3.4 million tonnes annual capacity, has been completed. More than 30% of the work is finished.
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Siemens Upgrades Plate Mill at Xiangtan Iron & Steel
Jan. 19, 2010 - Siemens VAI Metals Technologies has received an order from Hunan Valin Xiangtan Iron & Steel Co. Ltd. to supply equipment for a PowerEdger and a pre-leveler. These new plant components will be installed in the 5-meter plate mill, located in Xiangtan, Hunan Province.
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Kobe Steel Begins Production using ITmk3 Process
Jan. 18, 2010 - The world's first commercial plant using Kobe Steel’s ITmk3 process successfully began production of iron nuggets in the United States on January 12. Production is expected to reach the facility's annual design capacity of 500,000 tonnes in mid-2010.
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Corus to Extend Teesside Operations
Jan. 18, 2010 - Corus agrees to the Trade Unions’ request to extend operations at Teesside Cast Products until all the raw materials currently on site have been consumed, or until the end of February, whichever is first.
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Posco Selects Employees to Work Abroad
Jan. 15, 2010 - Posco completes its selection of workers to be assigned to its overseas global units, including those in China, Japan, India, and Mexico, by the end of this year.
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ArcelorMittal Awards MORE an EAF Equipment Contract
Jan. 15, 2010 - MORE srl signs an agreement with ArcelorMittal South Africa for the installation of Module Technology chemical energy package equipment at the company’s Vanderbijlpark Works’ three electric arc furnaces. The contract was won by MORE in cooperation with Linde.
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Siemens to Upgrade Caster Capacity at Nizhny Tagil
Jan. 15, 2010 - Nizhny Tagil Iron & Steel Works contracts Siemens VAI Metals Technologies to increase the casting capability of its existing two-strand beam-blank/bloom combi-caster, CCM3, by an additional 300,000 tonnes/year.
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ArcelorMittal Ostrava Gives Pupils Interactive Boards, Computers
Jan. 14, 2010 - Representatives of ArcelorMittal Ostrava have given the basic school in Datyňská Street in Vratimov an interactive board with accessories worth CZK 95 thousand. Another school on Masaryk Square in Vratimov will receive five computer sets worth CZK 72 thousand.
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Corus to Consider Trade Union Proposal at Teesside
Jan. 14, 2010 - At the first meeting of the Teesside Cast Products (TCP) Joint Management and the Trade Union (TU) Task Force, Corus agrees to consider a TU proposal to extend TCP’s operating program and postpone partial mothballing to the end of February.
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Posco TRIZ University to Open
Jan. 12, 2010 - Posco plans to open Posco TRIZ University on February 1 to enhance creative problem-solving abilities of employees. The company plans to link the education with improvement in management results.
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Case Transfer for Rio Tinto Employees
Jan. 12, 2010 - Rio Tinto says the Chinese Public Security Bureau, which is investigating the four Shanghai employees detained on July 5, 2009, has transferred the case to the People's Procuratorate.
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SAIL Dealers Achieve Record Sales
Jan. 12, 2010 - During the first nine months of the current financial year, the Steel Authority of India Ltd. (SAIL) dealer network achieved sales of 417,000 tonnes—a year-over-year growth of 23%—and registered double-digit growth in each of the four regions.
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Posco to Continue Global Expansion
Jan. 11, 2010 - Posco plans to build more facilities in its foreign units this year to fulfill its goal of advancing to broader overseas markets. For example, the company plans to break ground in March on a new continuous galvanizing line plant in India with an annual capacity of 400,000 tonnes.
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Changes in Tata Steel Senior Management
Jan. 11, 2010 - Tata Steel recently announced changes to its senior management, effective from April 1, 2010, including the retirements of Arun Baijal, Group Director (Global Mineral Resources), and B K Singh, Vice President (Orissa project).
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Posco to Utilize IT Innovations to Reshape Business
Jan. 8, 2010 - Posco distributes smartphones to its directors and executive officers, enabling them to perform multiple tasks such as send e-mails, pay expenses, check schedules, and even search for people. The company plans to add more functions in the future.
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Outokumpu Executive to Join Outotec
Jan. 7, 2010 - Pekka Erkkilä, the Executive Vice President - General Stainless and a member of Outokumpu Group's Executive Committee, will join the Executive Committee of Outotec on May 1, 2010, at the latest.
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Baosteel Listed in CSR Report Honor Roll
Jan. 7, 2010 - At the recent "Responsible Communication Creates Value—the 2nd International Conference on CSR Reporting in China," Baosteel Group Corp.'s CSR report 2008 was listed in the 2009 GoldenBee CSR Report Honor Roll.
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Tata Steel Posts 49% Increase in Q3 Sales
Jan. 6, 2010 - For Q3 FY’10, Tata Steel's sales stood at 1,597,000 tonnes compared to 1,071,000 tonnes in the same period in FY’09, a 49% increase. Production of hot metal (+11%), crude steel (+15%), and saleable steel (+37%) all increased in Q3 compared to Q3 FY’09.
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Hyundai Steel Starts Operation of No. 1 Blast Furnace
Jan. 6, 2010 - Hyundai Steel Co. has started operation of its first blast furnace, holding a furnace lighting ceremony at its new integrated steel mill in Dangjin, South Korea. No. 1 blast furnace has an annual capacity of 4 million tonnes.
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Posco Family Award Created
Jan. 5, 2010 - Posco creates and starts operation of the Posco Family Award, an extended version of the Posco Man of the Year to be awarded to Posco family employees.
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SAIL Records Sales Increase in December
Jan. 5, 2010 - Steel Authority of India Ltd. achieves sales of 1.3 million tonnes in the domestic market during December, growth of 32% compared to December 2008.
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Posco to Invest 7 Trillion KRW in Green Growth
Jan. 5, 2010 - Posco announces plans to invest 7 trillion KRW in green growth sectors including synthetic natural gas, SMART nuclear reactors, wind power, fuel cell for power generation, and smart grid in support of its green growth vision of “Global Green Growth Leader”.
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NLMK Raises Funds to Finance Technical Upgrade Program
Jan. 4, 2010 - Novolipetsk Steel closes a credit agreement to finance the purchase of imported equipment guaranteed by leading export credit agencies. The €524 million facility will be used to finance the purchase of equipment upon 19 commercial agreements from seven leading European engineering companies.
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Ruukki Studies Options for Future of Mo i Rana Plant
Jan. 4, 2010 - Ruukki plans to reorganize operations at its Mo i Rana plant in Norway, which makes shipbuilding profiles and flange profiles for windmill towers. Ruukki will study the options available, including the partial or entire closure of operations, to correct the unit's financial performance.
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Fatalities at ArcelorMittal South Africa’s Newcastle Works
Jan. 4, 2010 - Four employees of ArcelorMittal South Africa lost their lives following an accident at its Newcastle plant in KwaZulu Natal on December 30. A fifth employee was hospitalized in stable condition. The employees were working on Basic Oxygen Furnace No. 3 when they collapsed as a result of a suspected gas leak.
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OJSC MMK Commissions Continuous Slab Casting Machine No. 6
Jan. 4, 2010 - OJSC Magnitogorsk Iron and Steel Works has commissioned Continuous Slab Casting Machine No. 6 in the oxygen-converter shop, marking a successive stage of Plate Mill 5000 complex development in order to produce plates for wide-diameter pipe production.
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Posco Chairman Awarded Jeong-Do Management Award
Dec. 30, 2009 - Posco Chairman Joon-yang Chung receives the Best CEO Award at the 2009 Korea Jeong-Do Management Awards sponsored by Korea Economy Daily and hosted by the Korea Business Institute.
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ArcelorMittal Supports Communities through Volunteer Work
Dec. 30, 2009 - ArcelorMittal held its second annual International Volunteer Work Day, organized by the ArcelorMittal Foundation, in early December. The event is held in the same week as the United Nations' International Volunteer Day.
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Baosteel Adjusts Magnetic Material Business
Dec. 30, 2009 - Baosteel Development Co. makes internal adjustments to its magnetic material business sector to pursue greater development of Baosteel brand magnetic materials. Shanghai Baosteel Tiantong Magnetic Materials Co., Ltd. is renamed Shanghai Baosteel Magnetic Materials Co., Ltd., due to Zhejiang Tiantong’s decision to withdraw its share.
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Linde to Construct Air Separation Unit at Russian Steel Plant
Dec. 30, 2009 - Linde has closed a long-term agreement with steel company ZAO Kaluga Research and Production Electrometallurgical Plant (KNPEMZ) to supply the company with industrial gases at its production site in Vorsino, which is 80 km southwest of Moscow.
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Outokumpu Appoints New Sales and Marketing EVP
Dec. 29, 2009 - Kari Parvento has been appointed Executive Vice President - Group Sales and Marketing and member of Outokumpu Group's Executive Committee as of May 1, 2010, at the latest. He will report to CEO Juha Rantanen and will succeed Bo Annvik.
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New UHSS Grades from Hoesch Hohenlimburg
Dec. 29, 2009 - Hoesch Hohenlimburg’s family of micro-alloyed, fine-grained structural steels adds four new members: HSM 550 HD, HSM 600 HD, HSM 650 HD, and HSM 700 HD. The HD grades are used by automakers and their suppliers to make complex precision-blanked and stamped parts.
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Vale, Dongkuk Start Construction Work at CSP
Dec. 29, 2009 - Vale and Dongkuk have started construction work at Companhia Siderúrgica do Pecém (CSP), the first integrated steel mill featuring a coking plant in Brazil's Northeast region. CSP is due to come on stream in 2013, with estimated annual output of 3 million tonnes of steel plates in the first phase.
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ArcelorMittal Supports Search for Paryavaran Ambassador
Dec. 28, 2009 - Dr. APJ Abdul Kalam, former President of India, has been selected by school-age children to be the first "Bharat ka Paryavaran Ambassador" in a campaign supported by ArcelorMittal to choose a spokesperson for children on sustainability.
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Outotec Increases Ownership in Ausmelt
Dec. 28, 2009 - Outotec has increased its holding in Australian public company Ausmelt Ltd. through market purchases and now holds 37.4% of all the Ausmelt shares. As a result, Ausmelt has become an associated company of Outotec.
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Posco-VHPC Begins Construction on Second Plant
Dec. 28, 2009 - Posco broke ground on December 17 for the construction of its second plant, which will process stainless steel and have an annual capacity of 50,000 tonnes, at Posco-VHPC in Vung Tau, Dong Nai Province, Vietnam. The plant is scheduled for completion in June 2010.
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SAIL Finance Director Recognized with Excellence Award
Dec. 24, 2009 - Steel Authority of India Ltd. Director (Finance) Shri Soiles Bhattacharya was conferred with the GSBA- Top Rankers Excellence Award 2009 under the Best Finance Professional category at a recent function held in New Delhi.
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Executive Changes Announced at Salzgitter
Dec. 24, 2009 - Ulrich Grethe has been appointed as member of the Executive Board of Salzgitter Stahl GmbH and chairman of the Management Board of Salzgitter Flachstahl GmbH as of January 1, 2010. He succeeds Johannes Nonn, who has switched to the Executive Board of Salzgitter AG.
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ArcelorMittal Makes Executive Appointments
Dec. 24, 2009 - ArcelorMittal has appointed Peter Kukielski to its Group Management Board, with responsibility for the group's global mining operations, and Phil Du Toit to its Management Committee, both effective January 1, 2010.
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JFE Steel to Blow in Blast Furnace at West Japan Works
Dec. 23, 2009 - JFE Steel Corp.’s No. 3 blast furnace at the West Japan Works (Kurashiki)—currently undergoing a revamping that started in October—will be blown in for a fourth operating cycle beginning in mid-February 2010.
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Krecké Appointed to ArcelorMittal Board of Directors
Dec. 22, 2009 - In replacement of Georges Schmit, who is stepping down on December 31, the Board has co-opted Jeannot Krecké as an interim board member starting January 1, 2010. Krecké’s full appointment will be proposed at the company’s Annual General Meeting in May.
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Mechel First among Russian Hardware Producers
Dec. 22, 2009 - Mechel OAO cites a report from Prommetiz, a Russian association of hardware producers, that states in October and November 2009 the two plants of Mechel’s steel division became the leaders in hardware production among member companies of the association.
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Tata Steel Launches Safety Mascot
Dec. 22, 2009 - Tata Steel aims to produce “injury-free steel” with help from its new safety mascot Jeevan, which is adorned with Personal Protective Equipment such as goggles, helmet, safety shoes, and jacket—mandatory gear before entering the Steel Works.
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JFE Steel to Acquire 20% Interest in Byerwen Coal Project
Dec. 22, 2009 - JFE Steel will acquire a 20% interest in the Byerwen Coal project from QCoal, which is expected to start production in 2012 in the northern Bowen Basin of northeastern Queensland, Australia. JFE Steel also will take annual delivery of 2.0 million tonnes of premium hard coking coal delivered from the Byerwen Coal project.
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World Steel Production up 24% in November
Dec. 22, 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 107.48 million tonnes in November 2009 — 5.2% lower than the previous month (October 2009) but 24.2% higher than November 2008.
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Köhler to Join Corus as New COO
Dec. 21, 2009 - Corus appoints Dr. Karl-Ulrich Köhler as its new Chief Operating Officer effective February 1, 2010. Köhler, 53, succeeds Rauke Henstra, who held the position until his retirement last year.
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Milestone for Posco-CSPC Accumulated Sales
Dec. 18, 2009 - Posco-CSPC achieved an accumulated sales mark of 1 million tonnes on December 16. It expects to achieve 300,000 tonnes in annual sales around December 21, which would make it the first Posco supply-chain management unit to reach that mark.
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Joint Taskforce Established for Teesside Mothballing
Dec. 18, 2009 - The National Steel Coordinating Committee and Teesside Multi-Union representatives have met with Corus to discuss the potential mothballing of Teesside Cast Products facilities. All parties have agreed to establish a joint taskforce to ensure that all alternatives to mothballing are fully examined.
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SMS group Increases Investment; Order Intake Slumps
Dec. 18, 2009 - The order intake of the SMS group in 2009 will drop to less than half of the EUR 5.15 billion in 2008. Capacity utilization has hardly been affected because the company is still working its way through a high stock of orders from the boom years.
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Tenova TAKRAF Surface Miners Commissioned, Released for Production
Dec. 17, 2009 - Two Tenova TAKRAF TSM 300 surface miners supplied to HWE Mining Pty Ltd. have been released for production at the Yandi Iron Ore Mine in Western Australia. During the initial startup and training period, the cutting capacity averaged from 480 to 1110 tonnes per hour.
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i2 Helps Transform Essar Steel’s Supply Chain
Dec. 17, 2009 - Essar Steel has implemented i2 Technologies’ planning solutions in its Indian operations to increase profitability, enhance customer satisfaction, and improve operational efficiency.
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Evraz Repays Loan to VEB
Dec. 17, 2009 - Evraz Group has repaid a US$800 million loan to Russia's State Corporation Bank for Development and Foreign Economic Affairs "Vnesheconombank” (VEB). The loan was provided to Evraz in December 2008 to refinance short-term debt to non-Russian banks.
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Sumitomo Metals Signs MOU with Bhushan Steel, Opens Liaison Office
Dec. 17, 2009 - Sumitomo Metal Industries, Ltd. has signed a memorandum of understanding with Bhushan Steel Ltd. in India to receive an OEM supply of steel sheets manufactured in its Orissa Steel Works. Sumitomo also opened a liaison office near Delhi to assist its expansion in India.
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Evraz Completes Acquisition of Vanady-Tula
Dec. 16, 2009 - Evraz Group’s wholly owned subsidiary, the Nizhny Tagil Iron and Steel Plant, has acquired 82.9% of the voting shares of OAO Vanady-Tula, a Russian producer of ferrovanadium.
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NLMK Upgrades Steelmaking Facilities
Dec. 16, 2009 - Novolipetsk Steel resumes production at its converter #2 after the upgrade of an emission system in the BOF shop #1. The company upgraded its converter #1 prior to this project, and it plans to begin the upgrade of converter #3 in March 2010.
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Corus Invests in French Steel Mill
Dec. 16, 2009 - Corus will invest €35 million at its rail production facility in Hayange, France, after securing a contract worth about €350 million to supply rails to French railway operator SNCF for the renewal and maintenance of the RFF (Réseau Ferré de France) tracks.
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Posco Donates Books to Overseas Korean Students
Dec. 14, 2009 - Posco recently donated books worth 25 million won to Pohang International School in Zhangjiagang, China. The school, established thanks to a donation from Posco, was completed in August and opened in September of this year.
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Ruukki to Improve Efficiency of Steel Service Center Network
Dec. 14, 2009 - Ruukki plans to improve operational efficiency by merging its Puurtajankatu steel service center with the Asponkatu steel service center in Järvenpää, Finland. The steel service centers in Seinäjoki and Raahe will be merged to form one organization, and operations at the Hyvinkää center will be reorganized.
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Two Posco Units to Share Market Info, Sales Systems
Dec. 11, 2009 - Two overseas units of Posco—Posco Vietnam and Posco China—agree to build a system aimed at mutual cooperation in the procurement of raw materials, the utilization of sales and financing systems, and the sharing of market information.
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Kobe Steel to Establish Welding Company in China
Dec. 11, 2009 - Kobe Steel, Ltd. plans to establish a company in Shanghai, China — to be called Kobe Welding of Shanghai Co., Ltd. — to market its welding products and welding robot systems in that country, and also provide maintenance services for the robot systems.
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Tikhvin Smelting Plant Gains ISO 9001:2008 Compliance
Dec. 11, 2009 - As a result of an audit conducted by TUV SUD, Tikhvin Smelting Plant (TFZ JSC) has obtained the certificate of compliance with the quality management system standard ISO 9001:2008. TFZ JSC is consolidated by Oriel Resources Ltd., which is Mechel OAO’s ferroalloy sub-holding.
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SAIL Receives Award for Corporate Responsibility
Dec. 10, 2009 - Steel Authority of India Ltd. was recently conferred with the eleventh NCPEDP-Shell Helen Keller Award, presented in the Role Model – Organization category for SAIL's commitment toward improving employability of disabled persons.
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Chinese Copper-Rod Producer Places Order with SMS Meer
Dec. 10, 2009 - Shandong Jinsheng has placed an order with SMS Meer for the supply of a complete continuous casting and rolling plant. The CONTIROD plant is the second of its kind supplied to Shandong Jinsheng, which has been using the technology since 2001.
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NLMK Establishes Long Products Management Company
Dec. 10, 2009 - NLMK has established a new subsidiary, LLC NLMK-Long Products, to enhance the management of its long products business. The new company’s functions include the operation of all business processes, financial and commodity flows of long products.
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ArcelorMittal Ostrava Employees Help Non-profits
Dec. 9, 2009 - ArcelorMittal Ostrava employees recently worked in 24 non-profit organizations within their company volunteering program. The 136 volunteers assisted in special elementary schools, charity homes, orphanages, hospices, social service centers, and at the Ostrava Zoo.
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Ruukki to Adjust Construction and Engineering Operations in Finland
Dec. 9, 2009 - Ruukki plans to streamline the organizational structure and operating model of its construction operations at plants in Vimpeli, Alajärvi, and Peräseinäjoki. It also plans to transfer the manufacture of engineering components from Peräseinäjoki to other units.
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MMK Phases-in New HSS Grades for Automotive
Dec. 9, 2009 - MMK's Rolling Shop #5 produced and shipped in November a trial lot of cold rolled strip from 220 strength class rephosphorized steel, which is characterized by a phosphorus content of up to 0.12%, to the Avtovaz car plant.
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worldsteel Calls for Iron Ore Competition Review
Dec. 9, 2009 - The World Steel Association has called for competition authorities to examine the impact of the proposed joint venture between Rio Tinto and BHP Billiton, noting that a consequence would be that almost 70% of world seaborne iron ore exports would be controlled by the new JV and Vale.
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Ruukki Signs Two Infrastructure Construction Contracts
Dec. 7, 2009 - Ruukki has signed a steel structure contract for the delivery of the foundation piles for the Särkijärvi bridge in Tampere, Finland. The company will also deliver almost 6 km of large diameter steel pipe piles fitted with rock shoes for the foundations of more than 20 bridges in the highway 5 improvement project in Kuopio, Finland.
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ZPSS Receives Environmental Incentives from City Government
Dec. 7, 2009 - Zhangjiagang Pohang Stainless Steel recently received environmental incentives from the Zhang Jiagang Municipal Government. The grant is given by provincial or municipal governments to companies with leading environmental protection practices.
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Broken Contract Leads to Mothball of Teesside Plant
Dec. 7, 2009 - Corus says that an international consortium has broken a binding contract that has led to the partial implementation of a proposal announced in May 2009, mothballing some of the facilities belonging to the Teesside Cast Products business in northeast England.
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Anti-Noise Screens Significantly Reduce Noise in Bartovice
Dec. 4, 2009 - ArcelorMittal Ostrava has erected three anti-noise screens that separate the Bartovice marshalling yard from the residential zone. A second stage of noise-reduction actions, planned for 2010, will include the erection of a fourth screen.
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ThyssenKrupp MetalServ Established
Dec. 4, 2009 - ThyssenKrupp Group has, within the Materials Services business area, reorganized and merged its central domestic materials trading business activities under ThyssenKrupp MetalServ GmbH, effective October 15.
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Redaelli Opens Wire Rope Production Facility in Italy
Dec. 4, 2009 - Redaelli has opened a new manufacturing facility in Trieste that will produce what it claims to be the largest wire ropes in the world. The facility will have the capacity to produce cables that weigh over 550 tonnes and are 175 mm in diameter.
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Union of Salaried Employees Starts Strike at Ruukki's Raahe Unit
Dec. 4, 2009 - Around 400 members of the Union of Salaried Employees TU started a strike on December 1, after failed negotiations between the Federation of Finnish Technology Industries and TU. The week-long strike affects Ruukki's operations at the Raahe Steel Works.
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Posco Sustainability Report Wins Gold Prize
Dec. 3, 2009 - Posco’s 2008 sustainability report has received the gold prize for the 2009 Spotlight Awards from the League of American Communications Professionals. The company also won a bronze prize in the Most Creative area.
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Severstal, SAP Form Long-Term Partnership
Dec. 2, 2009 - Severstal has launched an ERP (Enterprise Resource Planning) project across the company to implement SAP software. A fully functional ERP solution is planned to be rolled out over the next 24 months.
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BlueScope to Boost Capacity at Indonesian Plant
Dec. 2, 2009 - BlueScope Steel plans to complete construction of its second metallic coating line, with inline painting capability, at its plant in Cilegon, Indonesia. The company expects to commission the facility around mid-2011.
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Posco-Nippon Steel Joint Venture Completes RHF Factory
Dec. 2, 2009 - Posco-Nippon Steel RHF Joint Venture, Co., Ltd. completes construction of the Pohang-Gwangyang Rotary Hearth Furnace factory. The RHF factories constructed in the dump area of Pohang-Gwangyang Steelworks will use dust and sludge to produce 280,000 tonnes of direct reduced iron and hot briquetted iron.
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Mechel Commissions New Equipment at Subsidiary
Dec. 1, 2009 - Mechel OAO announces the completion of several investment projects at Mechel Campia Turzii plant in Romania, which is part of its East-European Steel Division. Three new production lines were launched at the plant.
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Corus Pilot Plant to Test CO2-Reducing Technology
Dec. 1, 2009 - Corus will test a new iron-making technology, called “Hisarna,” in a pilot plant project at its IJmuiden steelworks in the Netherlands. The technology reportedly has the potential to reduce CO2 emissions in blast furnace steelmaking by more than 50%.
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Startup of Simetal Gimbal Top Charging System at Tata Steel
Dec. 1, 2009 - The rebuilt blast furnace ‘C’ at Tata Steel’s Jamshedpur works India has been operating with new Siemens Simetal Gimbal Top charging systems since the end of September. Tata Steel is the first steelmaker to utilize this new charging system on a blast furnace.
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SAIL to Present the Hero Honda FIH World Cup 2010
Nov. 30, 2009 - The International Hockey Federation (FIH) and Hockey India announced recently that the Steel Authority of India Ltd. will be the Presenting Partner for the Hero Honda FIH World Cup 2010, to be hosted by India in March 2010.
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New President at Plannja; Other Appointments
Nov. 30, 2009 - Per Olof Stark assumes the position of President of Plannja AB beginning January 1, 2010. Stark is currently Head of Marketing at SSAB Plate in Oxelösund. The current President of Plannja, Anders Berg, will become Head of Supply Chain in the APAC business area.
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Rio Tinto Enters Two Agreements with IOH
Nov. 27, 2009 - Rio Tinto reaches an agreement with Iron Ore Holdings, enabling the sale of ore from IOH's Phil's Creek deposit to Rio Tinto under a mine-gate sale process. Rio Tinto has also entered an exclusive agreement with IOH to examine its Iron Valley deposit.
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Mechel Commissions New Integrated Steel Processing Facility
Nov. 25, 2009 - Mechel OAO recently held a ceremony for the commissioning of the integrated steel processing facility (ladle furnace) #3, the second part of the continuous casting machine No.4 complex project at the oxygen-converter shop of its Chelyabinsk Metallurgical Plant OAO subsidiary.
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SMS Siemag Receives Order from China
Nov. 25, 2009 - Hunan Xiangtou Goldsky Titanium Metal Co. Ltd. has placed an order with SMS Siemag for the supply of a 20-roll cold rolling mill for quality titanium strip. Annual production of 10,000 tonnes is expected.
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Three Designated to ThyssenKrupp Supervisory Board
Nov. 24, 2009 - The Alfried Krupp von Bohlen und Halbach Foundation intends to designate Dr. Gerhard Cromme, Dr. Kersten v. Schenck, and Federal Minister (retd.) Peer Steinbrück to the Supervisory Board of ThyssenKrupp AG.
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Mechel Subsidiaries Win Awards at Metal Expo
Nov. 24, 2009 - Mechel OAO subsidiaries, participating at the recent 15th Metal Expo 2009 international industrial exhibition, was awarded a diploma for professional presentation of services and goods and a cup for the best exposition, among other awards.
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Ruukki Receives Contract for Metso's Boiler Plant Project
Nov. 24, 2009 - Ruukki has been selected by Metso's Power business line to be the steel structure contractor for a boiler plant to be built for Kuopion Energia Oy. Delivery includes the manufacture and installation of the power plant frame and the envelope structures.
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Tenova Starts Up Two Consteel Plants in South Korea
Nov. 24, 2009 - Two new Consteel plants recently started up by Tenova in South Korea are part of the new 2.5 million tonnes per year capacity Hot Mill complex located in Asan Bay and owned by Dongbu Steel. Each Consteel plant is applied to a new 160-tonne Electric Arc Furnace.
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Outokumpu to Supply Stainless Steel to Stockholm Waterfront Project
Nov. 23, 2009 - The Stockholm Waterfront project's Congress Centre will incorporate a stainless steel façade, the stainless material supplied by Outokumpu. The material will be its duplex stainless steel with a half-matte surface to provide the desired level of reflectivity.
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JFE, JSW Agree on Strategic Collaboration
Nov. 23, 2009 - JFE Steel Corp. and JSW Steel Ltd. signed an agreement on November 19 to collaborate with each other in India in the area of automotive steel. The companies have also identified several other areas where possible collaboration can be explored in India in the future.
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Labrie Takes Home Swedish Steel Prize 2009 for Refuse Truck
Nov. 20, 2009 - Labrie Environmental Group has won this year’s Swedish Steel Prize with its new vehicle model, the Wittke Starlight. According to the jury, this entry illustrates “precise optimization” of all parts of the vehicle, which are made mainly of high-strength steel sheet.
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MMK Atakas Closes Financing for Integrated Flat Steel Facility
Nov. 20, 2009 - MMK Atakas has closed the long-term financing for the construction of its integrated flat steel making complex and related infrastructure facilities in Turkey. Designed annual capacity of the project is 2.3 million tonnes of flat steel products.
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Muthuraman Awarded 2009 IIM-JRD Tata Award
Nov. 19, 2009 - B. Muthuraman, Vice Chairman of Tata Steel, was recently awarded the prestigious 2009 IIM-JRD Award for Excellence in Corporate Leadership in Metallurgical Industries by The Indian Institute of Metals.
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SAIL, NMDC Sign MOU to Develop Limestone Mine
Nov. 19, 2009 - Steel Authority of India Ltd. and National Mineral Development Corp. have signed a memorandum of understanding to jointly develop the Arki mine, which has deposits of about 100 million tonnes of quality limestone.
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HADEED Signs Agreement with Danieli for Steel Plant Construction
Nov. 18, 2009 - Saudi Iron and Steel Co. (HADEED) has signed an agreement with Danieli for the construction of a steel plant and a production line for galvanizing long products in Jubail, Saudi Arabia. The new plant is scheduled to start-up in the second half of 2012.
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BlueScope Expects Slow Market Recovery
Nov. 17, 2009 - BlueScope Steel advises shareholders at its Annual General Meeting that worldwide market conditions are improving and steel demand is rising, but cautioned that the transition to recovery after the global financial crisis will be slow.
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Posco Begins Construction of Processing Center
Nov. 17, 2009 - Posco breaks ground on the Posco-Turkey Nilufer Processing Center, a new processing facility specializing in auto steel in the Hasanaga Industrial Complex near Nilufer, Turkey.
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Nippon Steel to Obtain Control of Latinusa
Nov. 17, 2009 - Nippon Steel decides to invest in Indonesian tinplate producer PT Pelat Timah Nusantara (Latinusa) in an attempt to capitalize on growing tinplate demand in Asia. Latinusa is expected to become a consolidated subsidiary of Nippon Steel.
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Tenova Celebrates 20 Years of Consteel
Nov. 17, 2009 - Tenova celebrates the twentieth anniversary of Consteel with an international event attended by 150 entrepreneurs and corporate executives from the world steel industry.
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Stalatube Expands Product Range to Stainless Flat Bars
Nov. 16, 2009 - Stalatube is expanding its product range to stainless flat bars to complement the current stainless steel structural tube products. The new flat bar manufacturing will require additional investment that will be implemented during Q4 2009.
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Essar Steel Completes Acquisition of Color Coating Facility
Nov. 16, 2009 - Essar Steel has completed the acquisition of steel assets of Shree Precoated Steels Ltd. The facility—claimed to be the only plant in India that uses near-infrared technology for color coating—has since become part of Essar Steel.
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Large Billet Saw Goes into Operation at Otto Fuchs
Nov. 16, 2009 - Hertwich Engineering successfully commissioned its largest billet saw to date at Otto Fuchs KG in September. This saw plant is designed to process cast billets with a diameter of 700 mm and weight up to 7 tonnes.
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SAIL Conducts Interactive Awareness Sessions
Nov. 12, 2009 - Steel Authority of India Ltd. organized various interactive sessions at its different plants and units across India as part of Vigilance Awareness Week, which focused on effective preventive measures through system improvements and use of IT to fight corruption.
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ThyssenKrupp Presents Automotive R&D Project
Nov. 11, 2009 - ThyssenKrupp engineers from the Steel Europe and Components Technology business areas have developed 35 innovations for auto manufacturers through the InCar research project. The first parts are being tested by customers for introduction into production.
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Ruukki is Steel Structure Contractor for E6 Project
Nov. 10, 2009 - Ruukki will deliver steel structures for three road bridges and a railway bridge for the E6 road project in Sweden. Fabrication of the bridges is scheduled to begin in late 2009, with the last installations scheduled for spring 2011.
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Tata Steel Registers Increases in Production, Sales
Nov. 10, 2009 - Tata Steel completed October with production increases of 17% for hot metal, 22% for crude steel, and 27% for saleable steel compared to the corresponding month of last year. It also recorded a 38% sales increase vs. last October.
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ThyssenKrupp GfT Gleistechnik to Supply Iraq’s Rail Network
Nov. 9, 2009 - ThyssenKrupp GfT Gleistechnik has been awarded by the Iraq Ministry for Transport and Railway Companies a contract for 30,000 tonnes of rails needed in the general renewal of the nation’s network. The 18-meter long rails, type UIC 60, will be shipped to Basra by the end of 2009.
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Outokumpu Awarded for Corporate Responsibility Reporting
Nov. 9, 2009 - Outokumpu has been ranked best in the Finnish corporate responsibility reporting review for the second time. The company's report focused on listening to stakeholders, the global economic downturn, climate change mitigation, wellbeing, and safety.
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SAIL Signs MOU with BITS-Pilani
Nov. 9, 2009 - Steel Authority of India Ltd. signs a memorandum of understanding with Birla Institute of Technology & Science, Pilani, focusing on the collaboration between the two institutions to promote academic and research interactions.
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Posco Develops Ultra High Strength Steel for Automobiles
Nov. 9, 2009 - Posco develops pickled and oiled steel sheets of 980-MPa-class ultra high strength steel that can withstand pressures of 100 kg/mm2, in response to the automotive industry trend to apply lightweight parts to increase fuel efficiency.
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Vale, Usiminas Partner on Rail and Port Logistics
Nov. 9, 2009 - Vale and steelmaker Usiminas sign contracts to transport 10.1 million tonnes of raw materials and finished products per year using Vale's logistics infrastructure. The contracts provide for the use of a port terminal and two railways for the next three years.
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Ruukki Expands into Turkey
Nov. 6, 2009 - Ruukki is to open its first sales office in Turkey, resulting in improved customer service and shortened delivery times. The company now has operations in 27 countries.
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BHP Billiton Opens Newman Mining Hub
Nov. 6, 2009 - BHP Billiton recently celebrated the official opening of the Newman Mining Hub at its Western Australia Iron Ore operations. The hub will be the center of the operations' mining, crushing, and screening activities in the Eastern Pilbara.
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voestalpine Stahlwelt Steel Exhibition to Open
Nov. 5, 2009 - voestalpine Stahlwelt, which opens November 7, is said to be a place where people can get to know steel and voestalpine as well as enjoy multimedia, hands-on experiences.
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SSAB to Introduce New Organization in New Year
Nov. 5, 2009 - SSAB will introduce a new organization as of January 1, 2010, comprising three geographic business areas: one for Europe, the Middle East, and Africa; one for North and Latin America; and one for Asia, Australia, and New Zealand.
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Mechel Announces New Appointments
Nov. 4, 2009 - Mechel OAO has appointed Viktor Dyshlevich as the new Chief Executive Officer for its East-European Steel Division, effective from October 26. He succeeds Vyacheslav Shmyga, who has taken the position of Chief Executive Officer for Mechel-Workshop ООО.
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EMF, ArcelorMittal Sign Agreement in Europe
Nov. 4, 2009 - The European Metalworkers’ Federation and ArcelorMittal’s European management sign an agreement with provisions for the restart of equipment as well as negotiated changes and opportunities to enhance employability for the company’s 115,000 workers in Europe.
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Zenith Steel to Expand Rod Mill Capacity, Product Range
Nov. 3, 2009 - Zenith Steel signs multiple contracts for two rod outlets, to be equipped by Siemens, for its new rod mills that will be located in Changzhou. After the new equipment’s installation, the mills will produce up to 150 tonnes per hour on each line.
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Harsco Receives Steel Mill Services Contract in Italy
Nov. 2, 2009 - Harsco Metals division has been awarded a new 10-year contract to provide a range of on-site services at the Lucchini Piombino steelworks in Italy. It expects to begin work in the second half of 2010.
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Rio Tinto Wins Nedbank Green Mining Award
Oct. 30, 2009 - Rio Tinto's QIT Madagascar Minerals has won the 2009 Nedbank Environmental Award, which honors a company that has made a significant effort in terms of protecting or improving the biophysical environment in which it operates.
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Tata Steel Mine Honored with National Safety Award
Oct. 30, 2009 - The National Safety Award was given to Tata Steel’s West Bokaro Division—an open cast mine—(Quarry South East) for holding the record of “lowest injury frequency rate” for the year 2007. It is the third consecutive year that the division’s safe work culture has been acknowledged nationally.
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Environmental Building Material from Baosteel Applied in Shanghai Tower
Oct. 30, 2009 - Slag micropowder, the new environmental protection building material developed by Baosteel, has been mass-applied in Shanghai Tower, the tallest building under construction in Asia. The application follows the material’s successful use in the Shanghai World Financial Center.
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Siemens to Supply Bhushan Power&Steel for Mill Expansion
Oct. 30, 2009 - Siemens VAI Metals Technologies has received an order from Bhushan Power&Steel to supply the drives and automation system for expansion of the company's compact hot rolling mill in Orrissa, India. Commissioning is scheduled for July 2010.
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Linde to Invest in Largest Air Separation Plant in India
Oct. 29, 2009 - The Linde Group will build and commission a 2550-tonnes-per-day air separation unit at Tata Steel's plant in Jamshedpur, India. Once commissioned in early 2012, it will be the largest air separation plant in India and one of Linde's largest in Asia.
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voestalpine Stahl Modernizes Hot Strip Mill in Linz
Oct. 28, 2009 - At voestalpine Stahl in Linz, Austria, Siemens VAI Metals Technologies has replaced the existing coiler 3 on the hot strip mill with a completely new coiler system, which will help voestalpine expand its hot strip product range.
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HFI Tube Welding Line in Operation at Thisvi Pipeworks
Oct. 28, 2009 - In the Thisvi Pipeworks in Greece, Corinth Pipeworks has produced the world's first 26-inch longitudinally welded pipe by using the High Frequency Induction (HFI) process. During a three-week shutdown, the line was extended jointly by Corinth and SMS Meer to allow production of the pipes.
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Largest Assel Mill Commissioned at Hubei Xin Yegang
Oct. 27, 2009 - Hubei Xin Yegang has rolled the first tube on what is claimed to be the world’s largest Assel mill supplied by SMS Meer, which received the order to supply the mill in July 2007. Erection began in May 2009
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NLMK to Lower Energy Intensity of Steel Production
Oct. 27, 2009 - Novolipetsk Steel claims it will lower specific steel production energy intensity by 9% to 5.75 Gcal/tonne within three years by increasing in-house energy generation with the full use of secondary fuel gases, among other actions.
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Posco C&C Signs MOU with AP Exhaust Products
Oct. 26, 2009 - Posco C&C signs a memorandum of understanding with AP Exhaust Products to supply 30,000 tons of its Alcosta aluminum-coated steel per year, which will be used to make car mufflers.
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Ruukki Metals to Reduce Workforce in Finland
Oct. 26, 2009 - Ruukki Metals is to initiate employer-employee negotiations regarding workforce reductions and temporary layoffs in an effort to improve long-term efficiency and profitability and to adjust operations to weak market conditions.
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NLMK Commissions New Hot-Dip Galvanizing Line
Oct. 23, 2009 - NLMK commissions the fourth hot-dip galvanizing line with an annual capacity of 300,000 tonnes at its Lipetsk production site. The thinner galvanized steel will allow the company to expand its product mix.
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SAIL Chairman Receives Excellence Awards
Oct. 22, 2009 - Prime Minister Manmohan Singh confers the SCOPE Award for Excellence under the “Individual” category on Steel Authority of India Ltd. Chairman S.K. Roongta, along with three other major awards for the company.
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Posco Again Recognized for Sustainability Report
Oct. 19, 2009 - At the Korean Sustainability Conference 2009 on October 14, Posco’s sustainability report won the grand prize in the manufacturing sector. It was the second consecutive year Posco has won the award.
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Harsco to Recycle Slag from Austrian Mills
Oct. 16, 2009 - Harsco enters new 10-year agreements between Harsco Minerals and two of Austria's leading stainless and specialty steel producers to recycle their metal-making slag into commercial applications.
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Tenova to Supply Carbon Baking Furnaces in China
Oct. 13, 2009 - Sinosteel Advanced Materials and Tenova LOI Italimpianti, together with LOI Thermprocess (Tianjin) for local manufacturing, sign a contract for the turnkey supply of three car bottom type furnaces and one central incinerator system to be installed at Sinosteel in Zhejiang Province, P.R. China.
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Posco, Metinvest Sign MOU to Seek New Business Opportunities
Oct. 13, 2009 - Chairman Joon-yang Chung signs an MOU for cooperation with Metinvest Holdings, Ukraine’s largest steel company, as part of Posco’s plan to seek new business opportunities in the areas of raw materials development and the steel industry.
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Swedish Steel Prize Finalists Selected
Oct. 12, 2009 - Innovations from Europe and North America have been nominated for the 2009 international Swedish Steel Prize design award, to be presented on November 18 in Stockholm.
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voestalpine to Supply Porsche with Structural Components
Oct. 9, 2009 - voestalpine Polynorm and voestalpine Gutbrod have jointly been awarded an order by Porsche to supply safety-related components, floor structures, and other structural components for Carrera, Boxster, and Cayman models.
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SAIL Receives Awards for Innovation
Oct. 8, 2009 - Steel Authority of India Ltd. is presented 14 of the total 28 Vishwakarma Rashtriya Puraskar awards presented by the Government of India for performance year 2007.
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Sumitomo Metals Conducts Disaster Training
Oct. 5, 2009 - Sumitomo Metal Industries conducts training based on the premise that a major earthquake has hit the Tokyo metropolitan area. All 600 directors and employees who work at the Tokyo head office participated in the exercise.
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JSW Steel Expands Retailing Network to Chhattisgarh
Oct. 2, 2009 - JSW Steel has expanded its pan-India steel-retailing footprint to Chhattisgarh, with the first branded JSW Shoppe retail showroom in the state and in Bilaspur through its authorized distributor M/S Hanuman Hardware Store.
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Mechel Changes Name of Subsidiary
Oct. 1, 2009 - The name of Mechel OAO’s subsidiary, Mechel Management OOO, has been changed to Mechel-Steel Management Co. OOO, effective September 14.
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Vallourec Subsidiary to Acquire DPAL FZCO
Sep. 29, 2009 - Vallourec’s fully owned subsidiary VAM Drilling has reached an agreement to acquire Dubai-based DPAL FZCO, a supplier of drill pipes that is owned by Soconord Group. The move strengthens VAM Drilling’s presence in the Middle East.
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Konecranes Closes Factory in Ettlingen, Germany
Sep. 29, 2009 - Konecranes will close down its production facility in Ettlingen, Germany, by March 31, 2010, affecting about 85 employees in crane production and assembly, component production, and plant administration.
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Essar Opens First Hypermart in Goa
Sep. 25, 2009 - Essar Steel has set up its first Essar Hypermart in the state of Goa, which will primarily serve the barge industry, general engineering, and fabrication industry.
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Corus Increases Engineering Steels Prices
Sep. 25, 2009 - Corus announces price increases on engineering steels, wire rod, bar, and narrow strip as apparent demand improves and as destocking comes to an end.
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Mechel Announces New Appointments
Sep. 23, 2009 - Mechel OAO announces the appointment of Boris Sedelnikov as the new Managing Director of Korshunov Mining Plant OAO.
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Posco Again Recognized for Sustainable Management
Sep. 21, 2009 - Posco has been selected as the sustainability leader in the steel business by the SAM-Dow Jones Sustainability Index for 2009, achieving the highest marks for Economy, Environment, and Social Performance categories.
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Posco Breaks Ground for Steel Processing Center
Sep. 21, 2009 - Posco starts construction on Posco-CLPC at the EU Economic Development Zone in Shenyang, laying the groundwork for securing a sales channel for automobile steel sheets in China.
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Vale Obtains Approval to Acquire Corumbá Asset
Sep. 17, 2009 - Vale S.A. has obtained the approval of the Brazilian National Defense Council to acquire the Corumbá iron ore mining operations, located in state of Mato Grosso do Sul, Brazil.
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Apprenticeship Year Begins at ThyssenKrupp Nirosta
Sep. 17, 2009 - Eighty-two apprentices have begun vocational training at ThyssenKrupp Nirosta’s Bochum, Düsseldorf-Benrath, Dillenburg, Dahlerbrück, and Krefeld plants, taking the total number of apprentices in training in the Nirosta group to 326.
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Evraz Applies for Admission to Listing of GDRs and Bonds
Sep. 16, 2009 - Evraz Group S.A. has made a block listing application for the admission of up to 93,399,999 global depositary receipts to the Official List of the UK Listing Authority and to trading on the regulated market of the London Stock Exchange. It also applied for US$650 million senior unsecured convertible 7.25% bonds due 2014 to be admitted.
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China Armco Metals Finalizes Contract to Supply Iron Ore
Sep. 16, 2009 - China Armco Metals announces that its wholly owned subsidiary Armco Metawise has completed delivery of iron ore to a China-based steel company pursuant to a contract that will generate about $8 million of sales in the third quarter of 2009.
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ArcelorMittal Closes Maputo Rolling Mill
Sep. 15, 2009 - ArcelorMittal South Africa confirms the closure of its Maputo rolling mill on September 4. In the 2008 financial year, ArcelorMittal Maputo produced 5150 tonnes at a significant loss for the company.
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JSW Posts 53% Increase in Crude Steel Production
Sep. 9, 2009 - JSW Steel Ltd. again reported its highest-ever monthly crude steel production of 0.521 million tonnes in August 2009, besting the previous record of 0.502 million tonnes posted just last month.
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Corus to Up Prices for Sections and Plate
Sep. 8, 2009 - Corus is increasing prices for sections by £25/tonne, commodity plate by £30/tonne, and non-commodity plate by £40/tonne as demand improves for steel long products and as raw materials costs increase.
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ArcelorMittal Seeks Joint Control of Indian Re-roller
Sep. 8, 2009 - ArcelorMittal announced its intention to launch a tender offer on September 7 for the acquisition of 29.4% shares in Uttam Galva Steels Ltd., a Western India-based producer of cold rolled steel, galvanized products (plain and corrugated), and color coated coils and sheets.
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Outokumpu Restructures Tube Business
Sep. 4, 2009 - Outokumpu is selling parts of the production in Jakobstad, Finland, and optimizing the utilization of the production lines within its Stainless Tubular Business Unit.
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SMS Siemag to Supply VD/VOD Facility to Dedini
Sep. 3, 2009 - Dedini S/A Indústrias de Base, Brazil, awards order to SMS Concast to supply a 30-/35-tonne vacuum degassing/vacuum oxygen decarburizing facility for its Piracicaba works.
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Timken Collaborates with Daido to Expand in Asia
Sep. 3, 2009 - The Timken Co. is now able to more readily offer its high-performance, premium engineered steel solutions to customers in Asia thanks to an initial five-year agreement with Daido Steel Co. Ltd.
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Tata Steel Recognized for Contribution to Sports
Sep. 2, 2009 - Tata Steel Ltd. has received two awards in the categories of “Community Sports Identification and Nurturing of Budding Young Talent” and “Establishment and Management of Sports Academies of Excellence.”
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Mukherjee Steps Down from ArcelorMittal Board
Sep. 2, 2009 - ArcelorMittal announces that Malay Mukherjee has stepped down from the Board of Directors to pursue other interests. He joined the board in May 2008 after a long and distinguished career in ArcelorMittal's senior management.
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NLMK Completes Water-Supply System Upgrades
Sep. 1, 2009 - A large-scale refurbishment of the process water supply system and the introduction of a new circuit have enabled Novolipetsk Steel to discontinue the discharge of industrial effluents into the Voronezh River, while decreasing consumption of river water by three times.
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Global Steel Team to Develop Next-Generation Vehicle Concept
Sep. 1, 2009 - WorldAutoSteel, supported by AISI’s Steel Market Development Institute, is launching Phase 2 of its Future Steel Vehicle program aimed at helping automakers optimize new propulsion technologies. Phase 2 vehicle concepts, to be completed in 2010, will provide optimized steel designs that meet or exceed future environmental, fuel economy, safety, and weight standards.
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Bharat Refractories Merges with SAIL
Aug. 31, 2009 - With BRL becoming a captive unit of Steel Authority of India Limited following the merger, the steelmaker will be able to utilize the excess capacity of BRL for its present and future requirement of refractories.
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Voestalpine Abandons Shortened Hours at Linz Site
Aug. 31, 2009 - voestalpine Group’s Steel Division is able to phase out short working hours at its Linz plant, effective by August 31, due to an increase of capacity utilization for the coming months.
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PSI Acquires Austrian Group AIS
Aug. 28, 2009 - With the acquisition, PSI has more than 280 specialists for the global support of production processes in the metals industry.
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NLMK Revamps High-Capacity Slab Caster
Aug. 28, 2009 - Novolipetsk Steel has commissioned its continuous casting machine (CCM-7), with a capacity of 2 million tonnes per annum, after revamping at the company’s Lipetsk production site.
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Tata Steel Group Reports First Quarter Results
Aug. 28, 2009 - Tata Steel Group declares unaudited Consolidated Financial Results for its fiscal first quarter, including a 22% increase in sales volume for the company’s Indian operations vs. the year-ago first quarter.
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Mechel Establishes Office in South Korea
Aug. 26, 2009 - Mechel OAO has established an official representative office in Seoul, the Republic of Korea, claiming it to be the first such Russian office in the mining and metals industry in the country.
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ThyssenKrupp Helps Safeguard Jobs for Skilled Workers
Aug. 25, 2009 - Since July, ThyssenKrupp Nirosta and the employment agency Agentur für Arbeit Krefeld have implemented a new approach in Germany to safeguarding jobs for skilled workers who have completed their apprenticeships.
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Essar Opens Hypermart in Agra
Aug. 24, 2009 - Essar Steel opens an Essar Hypermart in the city of Agra, as part of its philosophy to make steel available to end users close to the user point.
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July World Steel Production Highest of the Year
Aug. 21, 2009 - World crude steel production for the 66 countries reporting to the World Steel Association was 103.9 million tonnes in July — down 11.1% compared to the same month last year but still the highest monthly production figure posted in 2009.
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Evraz Offer for Delong Lapses
Aug. 19, 2009 - Evraz Group’s put and call options expire on its previous share purchase agreement to acquire up to 51% of steelmaker Delong Holdings Limited, China.
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BlueScope Steel Reports FY2009 Results
Aug. 18, 2009 - BlueScope Steel announced a reported net loss after tax (NLAT) of A$66 million and an underlying net profit after tax (NPAT) of A$56 million for its FY2009.
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ThyssenKrupp Reports Third Quarter Results
Aug. 17, 2009 - ThyssenKrupp reports a pretax loss of €(772) million on sales of €9.3 billion for the third quarter, and a pretax loss of €(987) million on sales of €30.7 billion for the first nine months of its fiscal year 2008/2009.
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Arvedi ESP Line Starts Endless Strip Production
Aug. 13, 2009 - Arvedi ESP commences endless production of hot-rolled coils in a thin-slab casting/rolling plant directly from liquid steel using Arvedi technology implemented by Siemens VAI Metals Technologies.
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Mechel, Mitsui Sign Memorandum of Cooperation
Aug. 11, 2009 - Mechel OAO signs a Memorandum of Cooperation with Mitsui covering marketing and sale of metal and related resources as well as joint investment projects in primary goods production.
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Posco-CSPC Sets New Monthly Sales Record
Aug. 10, 2009 - Posco’s automotive center in China achieves a monthly sales volume of 35,100 in July, its highest monthly sales total since operations began in 2004.
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Posco Sets New Record for Mega Blast Furnace Restart
Aug. 6, 2009 - Posco’s No. 4 Blast Furnace in Gwangyang works resumed to its normal operation capacity within the first three days of operation, a significant accomplishment for a large blast furnace of over 5500 m3.
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BHP Billiton Announces New Chairman
Aug. 5, 2009 - The BHP Billiton Board announces that Jac Nasser will succeed Don Argus as Chairman when Argus retires as Chairman and Non-executive Director in early 2010.
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Severstal Releases 2nd Quarter Operational Results
Aug. 3, 2009 - Severstal reports the production of 3.813 million tonnes of crude steel in the second quarter, a 28% decrease compared to 5.271 million tonnes in the year-ago second quarter and a 0.4% increase from 3.797 million tonnes in the previous quarter.
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ArcelorMittal Reports 2nd Quarter 2009 Results
Jul. 30, 2009 - ArcelorMittal reports a net loss of $792 million on sales of $15.176 billion for the second quarter, and a net loss of $1.855 billion on sales of $30.298 billion for the six months ended June 30, 2009.
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Posco Restarts No. 4 Blast Furnace at Gwangyang
Jul. 29, 2009 - Posco celebrates the restart of the refurbished 5500-cubic-meter No. 4 Furnace at its Gwangyang Plant, which is to produce some 14,000 tonnes of steel per day, making it the world’s largest blast furnace in terms of daily production.
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Vale to Expand Stake in New CSA Slab Plant
Jul. 24, 2009 - Vale and ThyssenKrupp Steel sign MoU for Vale to increase its stake in ThyssenKrupp CSA Siderúrgica do Atlântico to 26.87% through a capital infusion of € 965 million.
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VIZ–Stal Implements Modernization Program
Jul. 22, 2009 - VIZ-Stal, NLMK’s Ekaterinburg-based subsidiary, implements a supplementary investment program for the reconstruction of a number of its production facilities.
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Siemens VAI Starts up Vertical Slab Caster at Baosteel
Jul. 21, 2009 - Siemens VAI Metals Technologies starts up and commissions a new vertical slab caster at Baosteel's Special Steel Branch in Shanghai capable of producing a wide range of high- and ultra-high-alloyed carbon, special and stainless steel grades.
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YTD09 World Steel Production Still Down 21% through June
Jul. 21, 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 99.8 million tonnes in June 2009 — 4.1% above the previous month but still 16% lower than the same month of 2008.
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ArcelorMittal Receives Positive Response to Request for Covenant Amendment
Jul. 20, 2009 - ArcelorMittal announces a positive outcome to the covenant amendment request to existing lenders in the EUR17,000,000,000 Credit Facilities, the USD4,000,000,000 Revolving Credit Facility and the USD3,250,000,000 Forward Start Facility.
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SAIL Inaugurates New Slab Caster Complex at Bhilai
Jul. 15, 2009 - SAIL celebrates the dedication of a new 0.8-million tonne slab caster complex in Bhilai Steel Plant’s SMS-II, and lays the foundation stone for a new 4-million tonne per year SMS-III complex, also at Bhilai Steel Plant.
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JSW Steel Expands Retailing Network in Gujarat
Jul. 15, 2009 - JSW Steel further expands its footprint into pan-India steel retailing with the inauguration ofits third exclusive branded retail showroom in Gujarat and the second in Mehsana.
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Mechel Refinances Short-Term Credit Facilities
Jul. 14, 2009 - Mechel OAO signs agreements to refinance short-term credit facilities totaling $2.6 billion US dollars the company had raised to purchase assets in Yakutia and Oriel Resources Ltd. (Great Britain).
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Corus Could Cut More Jobs at Scunthorpe
Jul. 10, 2009 - Corus announces that an additional 366 positions are at risk at its Scunthorpe site in North East England as the company continues to try to balance labor costs with anticipated demand.
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Posco-IDPC Breaks Production Record
Jul. 9, 2009 - Posco-IDPC celebrates the successful processing of steel at the rate of 8000 tonnes a month, as it continues to work toward its goal of producing 9000 tonnes of steel per month by the end of the year.
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ArcelorMittal Confirms Covenant Discussions
Jul. 9, 2009 - ArcelorMittal confirms that it is in advanced discussions with its principal bankers regarding possible changes to the financial leverage covenant in its main banking facilities.
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Aker Wirth Adopts New Name, New Identity
Jul. 3, 2009 - Wirth Maschinen- und Bohrgeräte-Fabrik GmbH changes its name to Aker Wirth GmbH, reflecting its change of ownership earlier this year when it became a fully controlled subsidiary of Aker Solutions.
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NLMK Quality Management System Passes ISO-TU 16949:2002 Audit
Jun. 30, 2009 - Novolipetsk Steel passes the second audit of its Quality Management System for compliance with the requirements of ISO/TU 16949:2002, which focuses on requirements for the application of ISO 9001:2002 in the automotive industry and relevant spare parts.
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Corus Plans Additional Job Cuts
Jun. 26, 2009 - Citing further deterioration in steel demand, Corus announces plans to lay off up to an additional 2045 employees, building on the restructuring program the company had originally announced in January 2009.
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JSW Steel Expands Retail Network in Haryana
Jun. 23, 2009 - JSW Steel further expands its footprint in India with the inauguration of a fourth exclusive branded retail showroom operated by authorized distributor M/s Shree Gopala Alloys at Hisar.
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World Steel Production Rebounds in May 2009
Jun. 22, 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 95.6 million tonnes in May 2009 — 7.4% above the previous month but still 21% lower than May 2008.
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NLMK Recognized as Best Russian Exporter
Jun. 18, 2009 - The Russian Federation Ministry of Industry and Trade recognizes Novolipetsk Steel as ‘Best Exporter in Industry’ as part of the 2008 Best Russian Exporters competition.
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ArcelorMittal to Increase Share Capital
Jun. 18, 2009 - ArcelorMittal shareholders approve a proposal to increase the company’s authorized share capital during this week’s Extraordinary General Meeting of shareholders in Luxembourg.
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MMK Reports Net Loss for Q1 2009
Jun. 15, 2009 - Magnitogorsk Iron and Steel works reports a net loss of US$110 million on sales of US$965 million for the first quarter of fiscal 2009.
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ArcelorMittal Ostrava Announces New Director General
Jun. 3, 2009 - ArcelorMittal Ostrava announces the nomination of Augustine Kochuparampil as the company’s new Director General, filling the position of Sanjay Samaddar, who has been nominated to the position of CEO–Flat Carbon Europe Business Division East and CEO–ArcelorMittal Poland.
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Siemens to Modernize Hoesch Hohenlimburg Medium Strip Mill
Jun. 1, 2009 - Siemens VAI Metals Technologies will modernize Hoesch Hohenlimburg's medium-strip rolling mill, including renewal of the mill’s basic and process automation systems and the roughing stand’s servo-hydraulic control equipment.
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Posco Opens New Processing Center in Japan
Jun. 1, 2009 - Posco opens a second Posco-Japan Kyushu Processing Center plant in Kyushu, Japan, that is expected to offer logistics services for a maximum of 400,000 tonnes of steel products per year.
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Saldanha Works Experiences Incident at its Corex Unit
May 28, 2009 - ArcelorMittal South Africa’s Saldanha plant experiences an accident at its Corex facility that may have been caused by a leak of liquid iron through the furnace shell. No one was injured during the incident.
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World Steel Production Dips Again in April 2009
May 21, 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 89.5 million tonnes in April 2009 — 23.6% lower than for the same month of 2008, and 2.9% below the previous month.
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Gerdau Reports First Quarter Results
May 12, 2009 - Gerdau reports first quarter net income of R$ 35 million on revenues of R$ 7.7 billion, reflecting the significant impact of the ongoing contraction in world steel demand.
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Ruukki Concludes Negotiations at Kalajoki Unit
May 11, 2009 - Rautaruukki concludes employer-employee negotiations at the Kalajoki unit in Finland, where 35 employees will be transferred to the Ruukki Engineering division; the negotiations also resulted in 12 redundancies.
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Rautaruukki to modernize Raahe Works Blast Furnaces
Apr. 27, 2009 - Rautaruukki has decided to modernise the two blast furnaces at its Raahe Works in Finland during 2010 and 2011. In the same context, the company will also make environmental investments to significantly reduce adverse environmental impacts and energy consumption at the works.
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Commerce to Issue Duties on Welded Steel Line Pipe from China
Apr. 27, 2009 - The U.S. Department of Commerce will issue an antidumping duty order on imports of circular welded carbon quality steel line pipe from China, following the ITC’s finding of material injury due to imports of these products from China.
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Mechel to Acquire Bluestone Coking Coal Assets
Apr. 23, 2009 - Mechel OAO will acquire 100% of the shares and interests of the coking coal assets of West Virginia based Bluestone Industries, creating one of the largest global producers of coking coa
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Stainless, Specialty Steel Imports Still Down Through January 2009
Apr. 20, 2009 - Total stainless imports reached 20,156 tons through January 2009, a 50.1% decrease compared to YTD January 2008, according to the latest report from SSINA. Total specialty imports reached 37,080 tons through the same period, a 39.8% decrease compared to YTD January 2008.
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Vale Sells its Stake in Usiminas
Apr. 17, 2009 - Companhia Vale do Rio Doce concludes the sale of its 5.89% common share stake in Usiminas to a shareholder group including Camargo Corrêa, Mitsubishi Corp., Nippon, and Votorantim.
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MMK Renews Commitment to Modernization Effort
Apr. 8, 2009 - Magnitogorsk Iron and Steel Works renews its commitment to ongoing modernization efforts, which include a rolling mill upgrade as well as installation of a new slab caster and new secondary steel treatment unit.
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LKAB Announces Further Production Cutbacks
Apr. 3, 2009 - LKAB announces plans to extend the planned summer production outage for its iron ore mines and pelletizing plants, and said it also will close two of its plants for one year.
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NLMK Commences Construction of New Blast Furnace
Mar. 30, 2009 - Novolipetsk Steel begins assembly for Blast Furnace No. 7 steel structures. The new production facility, with capacity of 3.4 million tonnes of hot pig iron per year, is the first to be constructed in Russia in 20 years.
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Siemens Modernizes Ferriera Valsabbia Rebar Rolling Mill
Mar. 25, 2009 - Siemens VAI Metals Technologies helps expand annual production capacity of Italian steel producer Ferriera Valsabbia with the installation of a hot-charging system for billets as well as a system for single-bar high-speed delivery.
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OAO Severstal Boosts Plant Safety Performance in 2008
Mar. 24, 2009 - Severstal’s Russian Steel division reduces job-related incidents by 37% in 2008, thanks to the investment of RUR 330.1 million and the execution of more than 250 actions to improve industrial and fire safety as well as workplace labor conditions at its Cherepovets Steel Mill.
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World Steel Production Continues Plunge through February 2009
Mar. 24, 2009 - Figures released by the World Steel Association (known formerly as the International Iron and Steel Institute) show that world crude steel production for the 66 countries reporting stood at an estimated 83.85 million tonnes in February 2009
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Steel Shipments Down 50.5% in January
Mar. 23, 2009 - U.S. steel mills shipped 4,576,000 net tons for the month of January 2009, 50.5% decrease from January 2008, according to the latest report from AISI.
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ThyssenKrupp Restructures Business, Realigns Leadership
Mar. 20, 2009 - ThyssenKrupp announces sweeping changes to its organization this week, including the resignation of two key executives, streamlining of its five businesses segments into just two, and the reduction of its Executive Board from eight down to five.
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NLMK Implements Staff Retraining Programs
Mar. 18, 2009 - Novolipetsk Steel launches employee retraining initiatives that should help the company to avoid redundancy measures and train its staff to carry out equipment repairs and in-house maintenance while also boosting employment security for its employees.
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Ruukki Conducts Negotiations for Layoffs in Ruukki Metals, Ruukki Construction
Mar. 18, 2009 - Rautaruukki's Ruukki Metals division initiates employer-employee negotiations to temporarily lay off salaried personnel, as the company’s Ruukki Construction division concludes employer-employee negotiations for reduction of workforce and temporary lay-off of personnel at a number of units in Finland.
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Rio Tinto Appoints New Chairman
Mar. 18, 2009 - Rio Tinto announces the appointment of Jan du Plessis as Chairman of the Boards, effective with the conclusion of the company’s Annual General Meeting in April.
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NLMK and DBO Holdings Sign Settlement Agreement
Mar. 12, 2009 - Novolipetsk Steel signs settlement agreement with DBO Holdings regarding the companies’ dispute over NLMK’s proposed acquisition of John Maneely Co., a U.S.-based producer of steel pipe and tube.
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Evraz Announces New Executive Appointments
Mar. 11, 2009 - Evraz Group SA announces the appointment of Alexander Boreyko as Director of Investor Relations, and Sergey Lavrinenko as Head of Communications and Public Affairs.
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General Steel Reports 4th Quarter, Full Year 2008 Results
Mar. 11, 2009 - General Steel Holdings reports a net loss of $9.7 million on revenues of $261.1 million for the fourth quarter and a net loss of $11.3 million on revenues of $1.4 billion for the full year ended December 31, 2008.
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BlueScope Steel Delivers Strong Half Results
Feb. 26, 2009 - BlueScope Steel reports net profit after tax of A$407 million for the first half of fiscal year 2009, and an underlying net profit after tax of A$479 million, a 57% increase compared to the first half of fiscal year 2008.
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World Steel Production Continues Plunge through January ‘09
Feb. 25, 2009 - Figures released by the World Steel Association show that world crude steel production for the 66 countries reporting stood at an estimated 85.8 million tonnes in January 2009 -- 24.0% lower than for the same month of 2008, but 4.5% higher than the previous month (December 2008).
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New JSW Blast Furnace Features Siemens VAI Cyclone Separator
Feb. 23, 2009 - Siemens VAI Metals Technologies reports the successful commissioning of JSW Steel’s Blast Furnace No. 3 at Toranagallu Steelworks, which features the first application of a Siemens-developed cyclone separator in the gas cleaning system.
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Tenova to Supply Walking Beam Furnace for Cosipa
Feb. 18, 2009 - Companhia Siderurgica Paulista awards contract to Tenova LOI Italimpianti for the supply of a new walking beam furnace for reheating slabs at COSIPA’s new mill in Cubatão, Brazil.
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ThyssenKrupp Issues Dual Tranche Bond
Feb. 17, 2009 - ThyssenKrupp Finance Nederland BV issues a 1500-million-Euro ‘Dual tranche’ bond documented under the company’s 3-billion-Euro Debt Issuance Programme.
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Chung Joon-Yang Nominated as Posco CEO
Feb. 16, 2009 - Chung Joon-Yang will be officially appointed as Posco’s CEO on February 28 following the general meeting of shareholders and the board meeting.
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ThyssenKrupp Reports 1st Quarter Results
Feb. 16, 2009 - ThyssenKrupp reports EBITDA of €764 million on sales of €11.5 billion for the first quarter of 2008/2009, reflecting the influence of the global recession.
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Mechel Earns Quality Certificate, European Registration
Feb. 13, 2009 - Mechel OAO receives preliminary registration of its subsidiaries' products for compliance with the European Union's REACH Regulations, which address registration, evaluation, authorization, and restrictions of chemicals production and application.
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ArcelorMittal Reports 4th Quarter, Full Year Results
Feb. 12, 2009 - ArcelorMittal reports a net loss of $2.6 billion on sales of $22.1 billion for the fourth quarter and net income of $9.4 billion on sales of $124.9 billion for the year ended December 31, 2008.
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Ruukki Engineering to Adjust Production in Sweden
Feb. 11, 2009 - Ruukki Engineering, Rautaruukki’s engineering division, will initiate employer-employee negotiations at its sites in Hässleholm and Oskarström in Sweden as it adjusts production in response to weakened demand.
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NLMK Decommissions Two More Coke Batteries
Feb. 6, 2009 - NLMK decommissions Coke Batteries No. 3 and No. 4 at its main production site in Lipetsk, representing a combined capacity of 0.68 million tonnes per year.
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Nisshin Steel Increases Ownership in Acerinox
Feb. 5, 2009 - Nisshin Steel acquires an additional 9,359,000 shares of Spanish stainless steel producer Acerinox, increasing its ownership percentage to 15.0% from the previous 11.3%.
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ThyssenKrupp Plans Addition to Executive Board
Jan. 26, 2009 - ThyssenKrupp AG confirms that talks have been held with Dr. Alan Hippe, Vice Chairman of the Executive Board of Continental AG, about joining ThyssenKrupp AG’s Executive Board.
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China Steel Reports 4th Quarter Results
Jan. 26, 2009 - Discounted selling prices and historically high iron ore and coking coal prices result in a fourth quarter pre-tax loss of NTD$18.26 billion for China Steel Corp.
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World Crude Steel Production Reaches All-Time-High in 2007
Jan. 23, 2009 - World crude steel production reaches an estimated 1343.5 million tonnes in 2007, a 7.5% increase in production compared to 2006. The total marks the fifth consecutive year that world steel production grew by more than 7%.
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Essar Group Acquires Mining Rights in Brazil
Jan. 20, 2009 - The Essar group acquires a mineral concession in Amapa, North Brazil, that could help the company support its proposed steel plant in Trinidad and Tobago in the South Caribbean.
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Evraz Renounces Mezhegey Coal License
Jan. 20, 2009 - Evraz Group renounces its right to purchase the license to develop the Mezhegey coal deposit in the Republic of Tyva, Russia, with estimated reserves of some 213.5 million tonnes of hard coking coals.
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Vale and Baosteel to Liquidate CSV
Jan. 19, 2009 - Despite intense negotiations and analysis of alternatives, Vale and Baosteel decide to cancel their project to develop and build the proposed 5 million tonnes/year integrated steel slab plant in Brazil’s Espirito Santo state.
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Mechel Continues to Develop Mechel Service OOO Subsidiary
Jan. 16, 2009 - Mechel OAO reports a number of positive achievements as the result of its plan to develop the branch network of its Mechel Service OOO service and sales subsidiary, including the opening of new sales offices, the transformation of existing units, the acquisition of HBL Holding, and the upgrade of a number of its production and service facilities.
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Corus Announces New Chief Executive
Jan. 9, 2009 - Tata Steel’s Board appoints Kirby Adams, Founding Managing Director and former Chief Executive of Australia’s BlueScope Steel, to succeed Philippe Varin as Chief Executive Officer of Corus and of Tata Steel Europe.
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BOC India to Supply Gases for SAIL Rourkela Expansion
Jan. 8, 2009 - BOC India enters a 15-year long-term contract to supply gases to Rourkela Steel Plant for the planned expansion of their steel works, which includes the addition of a new blast furnace and converter.
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Posco CEO Selected as Korean CEO of the Year
Jan. 5, 2009 - Korea’s Hankyung Business Weekly names Posco CEO Ku-Taek Lee as CEO of the Year based on the evaluation of factors including financial achievement, stakeholder treatment, leadership and business ethics.
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MMK Signs Credit Facility Agreement with Sberbank
Dec. 31, 2008 - Savings Bank of the Russian Federation and OAO Magnitogorsk Iron & Steel Works enter nonrenewable 2-year credit facility for RUB 3.0bn to finance construction of MMK’s Plate Mill 5000 complex.
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World Steel Production Continues to Fall in October 2008
Dec. 22, 2008 - Figures released by the World Steel Association International show that world crude steel production for the 67 countries reporting stood at an estimated 100.5 million tonnes in October 2008 — 12.4% lower than for the same month of 2007, and 6.9% lower than the previous month, September 2008.
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voestalpine Abandons Efforts to Secure Land in Romania
Dec. 19, 2008 - voestalpine Group defers indefinitely its decision on a possible location of a new greenfield steel plant in the Black Sea region, bringing to a halt all efforts to secure property at a potential location in Romania.
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World Stainless Production Logs One Last Hurrah for 2008
Dec. 19, 2008 - Worldwide production of crude stainless steel reached 6.3 million tonnes in the third quarter of 2008, an increase of 6.8% as compared to the same quarter in 2007, according to the International Stainless Steel Forum.
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Mechel OAO Announces New Appointments
Dec. 18, 2008 - Mechel OAO announces a number of new executive appointments, including Vladimir Polin, who will now serve as Senior Vice President of Mechel OAO.
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MMK Reports 3rd Quarter, Nine-Month Results
Dec. 12, 2008 - Magnitogorsk Iron and Steel Works reports net income of US$ 667 million on revenues of US$ 3.529 billion for the third quarter and net income of US$ 1.483 billion on revenues of US$ 9.182 billion for the nine months ended September 30, 2008.
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Corus in Discussions with UK Unions
Dec. 12, 2008 - Corus takes an inclusive approach to the financial crisis by actively discussing options with employees and their representatives in the UK.
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Conros Group to Add Two ERW Pipe Mills in 2009
Dec. 11, 2008 - The Conros Group is adding two new ERW pipe mills for the manufacture of larger diameter pipe and API Line Pipe as well as square and rectangular hollow structural sections.
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TKS Rasselstein Wins Packaging Award
Dec. 9, 2008 - ThyssenKrupp Steel subsidiary Rasselstein and Soudronic AG of Switzerland jointly win the 31st German Packaging Award for a newly developed food can production line that achieves 30% higher productivity than conventional machines.
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SSAB to Reduce Costs, Personnel
Dec. 9, 2008 - SSAB announces plans to reduce its workforce by 1300 as part of a cost savings program that is estimated to reduce operating costs by at least SEK 1 billion per year.
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Mechel Obtains Credit Lines from VTB Bank
Dec. 8, 2008 - VTB Bank provides Mechel OAO with credit lines totaling approximately US$560 million for its subsidiaries Yakutugol OJSHC, Southern Kuzbass Coal and CMK.
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Evraz Board Elects New Chairman
Dec. 5, 2008 - Evraz Group elects Alexander Abramov as Chairman of the company’s Board of Directors. Alexander Frolov will continue to serve as CEO.
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Outotec Receives Excellence Award from Samarco
Dec. 5, 2008 - Brazilian iron ore producer Samarco Mineração presents Outotec with its Prêmio Samarco de Excelência 2008 award in recognition of its performance during implementation of the company's third pelletizing plant project.
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Outokumpu Averts Temporary Layoffs at Tornio
Dec. 2, 2008 - ABSTRACT: Outokumpu agrees with employees on a solution that avoids proposed full or part-time temporary layoffs at the Tornio plant that had been prompted by low order load.
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Ruukki to Adjust Steel Production, Boost Efficiency
Dec. 2, 2008 - ABSTRACT: Rautaruukki plans a range of actions to bring steel production and other operations in line with weakened demand and stock levels, including the initiation of employer-employee negotiations about possible lay-offs, redundancies and part-time working schedules.
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Essar Steel and Kobe Steel Sign Umbrella Agreement
Dec. 2, 2008 - ABSTRACT: Essar Steel signs umbrella agreement with Kobe Steel that will cover a range of steel quality and production control technologies for Essar, as well as the supply of slabs and other raw materials to Kobe Steel.
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Corus Tubes Announces Further Reorganization
Dec. 1, 2008 - ABSTRACT: Corus Tubes will extend the reorganization process it began earlier this year by reducing employment levels at each of the business unit’s principal establishments in the U.K. and the Netherlands.
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Evraz Receives Vnesheconombank Loans
Nov. 28, 2008 - Evraz Group signs a US$1,006.5 million loan with Russia's State Corporation Bank for Development and Foreign Economic Affairs Vnesheconombank.
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MMK to Continue Investment in Plate Mill 5000
Nov. 26, 2008 - Magnitogorsk Iron & Steel Works says that work will continue with its Plate Mill 5000 investment project, which will allow the company to produce plate for a wide range of applications.
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ArcelorMittal Completes Registration of Exchange Offer
Nov. 17, 2008 - ArcelorMittal announces the closing of its offer to exchange outstanding 5.375% Notes due 2013 and 6.125% Notes due 2018 for equal principal amounts of 5.375% Notes due 2013 and 6.125% Notes due 2018 that have been registered under the U.S. Securities Act of 1933 as amended.
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NLMK to Idle Two Blast Furnaces
Nov. 17, 2008 - Novolipetsk Steel announces plans to idle its Blast Furnaces No. 2 and 4, which represent a combined total capacity of approximately 2.5 million tonnes of pig iron.
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Tenaris Unions Sign Workers Unity Accord
Nov. 13, 2008 - Unions representing Tenaris workers in Canada, Argentina, Italy, Romania and Brazil sign a new unity accord targeting increased bargaining power for its workers.
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Tata Steel Selects Supplier for 6-High Cold Mill
Nov. 10, 2008 - Tata Steel signs contract with CMI FPE Ltd to supply a 6-high reversing cold mill in Tata’s Tinplate Co. of India Limited as part of a new 200,000 million tonnes/year tin mill black plate cold rolling mill.
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Rautaruukki to Adjust Tube Operations
Nov. 5, 2008 - Rautaruukki announces plans to discontinue production of spiral-welded line pipes in Oulainen, Finland, and to outsource maintenance and adjust production levels at its Virsbo Works in Sweden.
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World Steel Association Reports Steel Production for September 2008
Oct. 23, 2008 - Figures released by the World Steel Association show that world crude steel production for the 67 countries reporting stood at an estimated 108.4 million tonnes in September 2008 — 3.2% lower than for the same month of 2007, and 3.7% lower than the previous month, August 2008.
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Steel Partnership Inches Closer to Namisa Acquisition
Oct. 21, 2008 - Companhia Siderúrgica Nacional establishes strategic partnership with a consortium of Asian steelmakers that would acquire 40% of the total capital of CSN subsidiary Nacional Minérios SA for the aggregate amount of approximately US$ 3.12 billion.
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Siemens VAI Upgrades Wuhan Rod Mill
Oct. 17, 2008 - Siemens VAI successfully upgrades a twin-strand rod mill for Wuhan Iron & Steel with the addition of Morgan’s Reducing Sizing Mill to each strand for single-family rolling throughout the mill.
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ArcelorMittal Commences Exchange Offer
Oct. 9, 2008 - ArcelorMittal offers to exchange an aggregate principal amount of up to U.S. $1.50 billion of its 5.375% Notes due 2013 and an aggregate principal amount of up to U.S. $1.50 billion of its 6.125% Notes due 2018, all registered under the Securities Act, for a like aggregate principal amount of its unregistered outstanding 5.375% Notes due 2013 and 6.125% Notes due 2018.
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Rautaruukki Plans Temporary, Permanent Production Curtailments
Oct. 8, 2008 - Rautaruukki's Ruukki Construction division announces plans to temporarily scale back the manufacture of heavy construction structures at its Ylivieska and Kalajoki plants in Finland, and permanently close a profiling unit in Ostrava, in the Czech Republic.
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Tata Steel to Acquire 19.9% Share in New Millennium Capital
Oct. 2, 2008 - Tata Steel signs binding agreement to acquire a 19.9% stake in New Millennium Capital with an option to acquire 80% of a joint venture that will develop New Millennium’s Direct Shipping Ore Project, which is estimated to contain in excess of 100 million tonnes of direct shipping quality ore.
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Voestalpine Launches Redesigned Website
Sep. 29, 2008 - Voestalpine upgrades its corporate website with a new and more modern design that incorporates essential changes to the home page structure, the product information center, and navigation tools.
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IISI Reports World Steel Production for August 2008
Sep. 22, 2008 - Figures released by the International Iron and Steel Institute show that world crude steel production for the 67 countries reporting stood at an estimated 117.2 million tonnes in August 2008 — 6.2% higher than for the same month of 2007, but 1.6% lower than the previous month, July 2008.
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SMS Meer to Provide Two Closed-Die Forging Lines for CNHTC Jinan
Sep. 16, 2008 - China National Heavy Duty Truck Jinan Power Co. Ltd. (CNHTC), China, has placed orders with SMS Meer for the supply of two closed-die forging lines. CNHTC will use these facilities, which will be provided by SMS Meer’s Eumuco Hasenclever Closed-Die Forging Division, for forging truck crankshafts, front axles and stub axles.
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Baosteel Tops List for China’s Manufacturing Sector
Sep. 15, 2008 - Baosteel Group ranks first among top Chinese manufacturing enterprises in a recently updated ranking of Top 500 Chinese Enterprises jointly published by the China Enterprise Confederation and China Enterprise Directors Association.
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BlueScope Steel Calls for Global Response on Carbon
Sep. 15, 2008 - BlueScope Steel calls on Australia’s Federal Government to ensure that its Carbon Pollution Reduction Scheme maintains the continued viability of Australia's iron and steel industry against international competitors.
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SAIL to Add Steelmaking Capability at Salem Steel Plant
Sep. 8, 2008 - The Steel Authority of India celebrates its program to modernize and expand the Salem Steel Plant into a fully integrated steel plant with the capacity to produce 180,000 tonnes per annum of stainless steel slabs.
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ThyssenKrupp Group to Further Optimize Portfolio
Aug. 28, 2008 - To support continued growth, ThyssenKrupp is implementing an investment program with a volume of up to €20 billion. A divestiture of the Services segment’s Industrial Services business unit is also planned.
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Severstal Resources to Acquire PBS Coals
Aug. 25, 2008 - OAO Severstal has announced plans to acquire the business of PBS Coals Corp., a Somerset County, Pa., miner and processor of metallurgical and thermal coal with 133.5 million tonnes of in-place coal reserves and 228.3 million tonnes of in-place coal resources.
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Tata Steel Honored for Leadership in India
Aug. 22, 2008 - Tata Steel is presented with India’s “Think Odisha Leadership Award for Corporate Social Responsibility for 100 years of Service to the Nation” in recognition of its contribution to the industry and the nation’s economy.
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ArcelorMittal Expands Iron Ore Investments in Brazil
Aug. 21, 2008 - ArcelorMittal will acquire 100% of the issued share capital of iron ore miner London Mining South America Limited for approximately US$764 million, and reaches agreement with Adriana Resources for development of an 80-20 iron ore port facility in the State of Rio de Janeiro, Brazil.
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IISI Reports World Steel Production for July 2008
Aug. 21, 2008 - Figures released by the International Iron and Steel Institute show that world crude steel production for the 67 countries reporting stood at an estimated 117.2 million tonnes in July 2008 — 6.2% higher than for the same month of 2007, but 1.6% lower than the previous month, June 2008.
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Novolipetsk Steel to Acquire JMC for $3.53 Billion
Aug. 14, 2008 - Russian steel producer Novolipetsk Steel signs definitive agreement to acquire U.S. steel pipe and tube manufacturer John Maneely Co. for US$3.53 billion on a debt-free, cash-free basis.
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Baosteel Contributes to the Olympic Cause
Aug. 12, 2008 - In support of its strong sense of social responsibility, Baosteel reflects on its contributions to the much-anticipated 2008 Beijing Olympic Games, including the supply of 70,000 tonnes of high-quality steel products used in the construction of more than 10 Olympic stadiums.
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IISI Reports World Steel Production for June 2008
Jul. 22, 2008 - Figures released by the International Iron and Steel Institute show that world crude steel production for the 67 countries reporting stood at an estimated 118.8 million tonnes in June 2008 — 5.9% higher than for the same month of 2007, but 1.0% lower than the previous month, May 2008.
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Ural Steel to Install New Vacuum Degasser
Jul. 21, 2008 - Metalloinvest subsidiary Ural Steel embarks on the installation of a new vacuum degasser that will help it to increase the quality and volume of its steel production.
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Siemens to Supply Minimill to Euro Finance
Jul. 17, 2008 - Siemens VAI Metals Technologies will provide a new 1.8 million tonnes per year minimill facility for Ukrainian-based scrap trader Euro Finance, complete with EAF, ladle furnace, billet caster, long-product rolling mill, and auxiliary facilities.
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SAIL Steps up Availability of Steel in Domestic Market
Jul. 10, 2008 - Steel Authority of India Limited reports that it achieved its best-ever first-quarter (April to June 2008) performance in many areas while maintaining its focus on production to meet the growing demand for steel in the domestic market.
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Usiminas Updates Investment Plan
Jul. 10, 2008 - Usiminas is revising its capital investment plans to incorporate the construction of a third mill with a slab production capacity of 5 million tonnes/year at Santana do Paraíso in the vicinity of Ipatinga Works.
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ArcelorMittal, Hunan Valin Launch New Automotive Steel Joint Venture
Jun. 30, 2008 - ArcelorMittal, Hunan Valin Group and Hunan Valin Steel launch Valin ArcelorMittal Automotive Steel, an industrial and commercial automotive joint venture that will have an annual production capacity of 1.2 million tonnes of flat carbon steel, mainly for automotive applications.
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Rio Tinto Announces 2008 Iron Ore Price Settlement
Jun. 26, 2008 - Rio Tinto Iron Ore announces that its subsidiary Hamersley Iron has reached agreement with China's Baosteel on the price for Hamersley iron ore deliveries for the contract year commencing April 1, 2008.
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Mechel Announces Spur-Track to Elga Deposit
Jun. 24, 2008 - Mechel OAO holds a ceremony together with Transstroy Engineering Corporation ZAO, celebrating a new railway spur-track that will connect Mechel’s Elga deposit with the Baikal-Amur mainline.
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IISI Reports World Steel Production for May 2008
Jun. 23, 2008 - World crude steel production for the 67 countries reporting to IISI stood at an estimated 119.5 million tonnes in May 2008 — 5.8% higher than for the same month of 2007, but only 2.9% higher than the previous month, April 2008.
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SAIL Plans Fourth Steel Processing Unit
Jun. 16, 2008 - SAIL is planning to build its fourth steel processing unit, which will produce 8- to 25-mm diameter bars from billets supplied by SAIL’s Bhilai Steel Plant.
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Vale Announces Public Offer of Equity
Jun. 11, 2008 - Companhia Vale do Rio Doce announces a proposed public offering of common shares and preferred class A shares, with a maximum value of US$ 15 billion, subject to approval of its Board and the Brazilian regulator.
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Sweco to Support Outokumpu Upgrades at Avesta
Jun. 10, 2008 - Outokumpu is investing approximately SEK five billion to increase production capacity at the Avesta steelworks, including the installation of a new Anneal/Pickle line and a new slab grinder facility.
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SSAB Announces New Head of Strip Products Division
Jun. 9, 2008 - SSAB announces the appointment of anew Head of the company’s Strip Products Division, as well as the appointment of the Division’s current Head to serve as President of the MEFOS research institute in Luleå.
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Tata Steel Group Sets Sights on Low-Carbon Benchmark
Jun. 9, 2008 - Tata Steel Group celebrates World Environment Day with campaigns, events and activities supporting the reduction of CO2 as well as the company’s corporate vision to be “the global steel industry benchmark for Value Creation and Corporate Citizenship."
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Mitsui Mining to Be Renamed Nippon Coke
Jun. 3, 2008 - Mitsui Mining announces plans to change its corporate name to Nippon Coke & Engineering, reflecting the company’s deeper ties with Nippon Steel and Sumitomo.
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Severstal to Invest in West African Iron Ore Deposit
May 28, 2008 - OAO Severstal will purchase up to a 61.5% stake in African Iron Ore Group, which owns, through subsidiaries, the exploration rights for an iron ore deposit in the Putu Range area, in Western Africa.
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Toyota Accepts Significant Steel Price Hikes
May 28, 2008 - Toyota Motor has accepted steel price hikes of slightly below 30,000 yen per ton in negotiations with major steelmakers, according to a release published on Japan’s JCN Network.
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IISI Reports World Steel Production for April 2008
May 23, 2008 - World crude steel production for the 67 countries reporting to IISI stood at an estimated 116.4 million tonnes in April 2008 — 5.6% higher than for the same month of 2007, but 2.7% lower than the previous month, March 2008.
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ArcelorMittal Completes Consent Solicitation
May 23, 2008 - ArcelorMittal announces the successful completion of its consent solicitation for several proposed amendments by its indirect wholly owned subsidiary, ArcelorMittal Financial Services LLC.
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ArcelorMittal Makes Donation for Victims of Sichuan Earthquake
May 21, 2008 - ArcelorMittal China and its employees as well as the ArcelorMittal Foundation together contribute over 1 million RMB to the Chinese Red Cross Foundation to help the relief efforts in China following the earthquake that struck Sichuan on Monday, May 12.
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Toyota Expected to Agree to Steel Price Hike
May 16, 2008 - A report published on JCN Network said that Toyota Motor Corp. is expected to agree to a steel sheet price hike exceeding 20,000 yen per ton in negotiations with Nippon Steel Corp.
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Nucor to form Joint Venture with Sidenor
May 15, 2008 - Nucor signs MoU with Sidenor regarding a new joint venture for the production and distribution of long steel products and plate in the Balkans, Turkey, Cyprus, and North Africa.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Siemens to Equip Slab Casters for Anshan-Linggang Joint Venture
Feb. 11, 2008 - Siemens Metals Technologies will engineer and supply equipment, technological packages and automation systems for two single-strand medium-thickness slab casters to be installed at Chaoyang An-Ling Iron & Steel, a joint venture facility being built by Anshan Iron & Steel and Lingyuan Iron and Steel.
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MultiServ Gets Contract Extensions at Corus Ijmuiden, Nucor Yamato
Feb. 8, 2008 - Harsco’s MultiServ mill services division is awarded multi-year contract extensions at the 7 million tonne/year Corus IJmuiden strip products works in the Netherlands, and at the Nucor Yamato works in Arkansas, which is preparing for a significant expansion of its production later this year.
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Ipsco Parent Reports Results for 2007
Feb. 8, 2008 - Reporting profit after financial items of SEK 1,923 (1,585) million for the fourth quarter on sales of SEK 16,086 (8,316) million, Ipsco parent SSAB said that Ipsco began to make a positive contribution to the Group’s results in the fourth quarter.
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ArcelorMittal to Build Steel Plant in Egypt
Feb. 7, 2008 - ArcelorMittal prepares to construct a 1.6 million tonne/year DRI/EAF based steel plant in Egypt after securing the license from Egypt’s Ministry of Trade and Industry for a winning bid of L.E. 340 million (approximately USD 60 million).
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Ternium Completes Sale of Steelscape and Other U.S. Assets
Feb. 4, 2008 - Ternium SA subsidiary, IMSA Acero SA de CV has completed the sale of its interests in Steelscape, ASC Profiles, Varco Pruden Buildings, and Metl-Span LLC to BlueScope Steel North America for a total consideration of US$726 million.
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ArcelorMittal to Restart Seraing Blast Furnace n.6
Feb. 4, 2008 - Following its agreement to a solution to the CO2 quota allocation issue that was proposed by the federal and regional governments of Belgium, ArcelorMittal will now prepare to re-launch the Seraing blast furnace n.6 in Liège, Belgium.
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ArcelorMittal to Acquire Three Coal Mines in Russia
Feb. 1, 2008 - ArcelorMittal signs agreements to acquire three coal mines and associated assets in Russia representing a combined estimated total reserve of more than 140 million tonnes for a total consideration of USD 720 million.
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World Crude Steel Production Reaches All-Time-High in 2007
Jan. 28, 2008 - World crude steel production reaches an estimated 1343.5 million tonnes in 2007, a 7.5% increase in production compared to 2006. The total marks the fifth consecutive year that world steel production grew by more than 7%.
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ThyssenKrupp Confirms Lower 1st Quarter Results
Jan. 21, 2008 - ThyssenKrupp AG reports first-quarter earnings will be lower than year-earlier results, which were boosted by exceptionally strong demand and very high base prices for stainless steel.
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Danieli and Kocks to Upgrade Seversky Seamless Tube Mill
Jan. 21, 2008 - Friedrich Kocks will supply the 3-stand extractor and 14-stand sizing mill for Danieli’s conversion of an existing Pilger mill into a continuous 14-inch seamless tube mill for TMK Group’s Seversky Truboprokatny Zavod subsidiary.
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Nippon Steel Names New President
Jan. 18, 2008 - Nippon Steel announces that Vice President Shoji Muneoka, 61, will become President of the corporation on April 1.
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ArcelorMittal Extends EDS Contract in Germany
Jan. 16, 2008 - ArcelorMittal extends its contract with EDS through the end of 2011 for infrastructure and application services at the company’s Bremen and Eisenhuttenstadt facilities in Germany.
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ArcelorMittal and SNIM to Develop Iron Ore Project
Jan. 9, 2008 - ArcelorMittal and Societe Nationale Industrielle et Miniere conclude a Memorandum of Understanding for development of a large iron ore mining project using the El Agareb Iron ore resource in Mauritania.
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Siemens to Modernize ArcelorMittal South Africa Hot Strip Mill
Jan. 8, 2008 - The Siemens Division Industry Solutions will equip the cooling section of ArcelorMittal South Africa’s Vanderbijlpark hot strip mill with new process and basic automation that will allow the precise control of phase transitions during strip cooling.
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Siemens to Acquire Morgan Construction
Jan. 3, 2008 - Siemens’ Industry Solutions Division announces the acquisition of Morgan Construction, a recognized designer, manufacturer, and service provider for high-speed rod, bar, combination mills and handling equipment.
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SMS Demag to Revamp Salzgitter Flachstahl Hot Strip Mill
Dec. 28, 2007 - SMS Demag’s modernization of Salzgitter Flachstahl’s hot strip mill will include comprises extensive revamping of the roughing and finishing trains, plus the installation of new gears and a new coiler and coil conveyor system.
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MultiServ to Increase Services at V&M do Brasil
Dec. 27, 2007 - New 5-year contract between Harsco’s MultiServ division and V&M do Brasil will expand MultiServ’s responsibilities to include internal logistics as well as management of the internal yards.
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SMS Demag to Supply Heavy-Plate Mill for Vyksa Steel
Dec. 27, 2007 - SMS Demag will supply a 1.2-million tonne/year heavy plate mill for Vyksa Steel that will incorporate a newly developed to-part spray cooling system capable of direct quenching and accelerated cooling of tube-steel plates.
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CSN Announces Mine Expansion, New Integrated Mill in Minas Gerais State
Dec. 20, 2007 - CSN signs a Letter of Intent with the Minas Gerais state government detailing projects in mining, steel and cement production over the next six years, including a significant expansion in iron ore capacity as well as the creation of a new, 4.5 million tonnes/year integrated steel mill.
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Moly Mines Enters Strategic Alliance with Molymet
Dec. 20, 2007 - Moly Mines and Molibdenos y Metales SA (Molymet) enter into a strategic commercial alliance that would blend Moly Mines’ mining project experience with Molymet’s downstream processing and marketing skills to create an alliance with the potential to deliver financial benefits to the shareholders of both enterprises.
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ArcelorMittal to Increase Stake in China Oriental
Dec. 14, 2007 - ArcelorMittal enters into a shareholders’ agreement with the controlling shareholders of China Oriental Group that will enable ArcelorMittal to eventually raise its equity stake in the company to 73.13%.
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ArcelorMittal to Acquire MT Majdalani
Dec. 12, 2007 - ArcelorMittal announces its acquisition of M.T. Majdalani Y Cia. SA, Argentina’s leading stainless steel service center and distributor.
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ArcelorMittal Stocking up on Ferroalloys
Dec. 7, 2007 - ArcelorMittal’s agreement to acquire the assets of Central European ferroalloys manufacturer OFZ follows ArcelorMittal’s recent announcement of its entry into a 50/50 joint venture greenfield manganese project with South Africa’s Kalagadi Manganese.
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Cisco’s TelePresence to Enhance Posco’s Business Communications
Dec. 5, 2007 - Cisco’s TelePresence solution, which combines advanced technology and interactive environmental elements, will allow Posco to conduct unique ‘in-person’ meetings between people at its Seoul office and its branches in Pohang and Gwangyang.
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ArcelorMittal Chairman to Step Down
Dec. 5, 2007 - ArcelorMittal’s Chairman, Joseph Kinsch will step down as Chairman of the Board of Directors at the company’s next General Meeting in May 2008.
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Danieli to Supply Three FastCast Casters to Vizag Steel
Dec. 4, 2007 - Rashtriya Ispat Nigam contracts Danieli to supply three new FastCast™ Casters to produce up to 2.4 million tonnes/year of square billets and 0.33 million tonnse/year of round sections at their Visakhapatnam Steel Plant integrated steel plant in India.
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Concast, SMS Meer to Provide Minimill for South Steel
Dec. 4, 2007 - South Steel-Pan Kingdom Invest. Co., Kingdom of Saudi Arabia, contracts Concast and SMS Meer to plan, engineer, and supply plant and equipment for a new minimill, including a flexible-charge EAF, continuous billet caster, and automated rebar rolling mill.
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