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Arcelor
Arcelor was created in February 2002 through the merger of Arbed (Luxembourg) founded in 1911, Aceralia (Spain) and Usinor (France). Arcelor had major steel production facilities in Belgium, Germany, Italy, Brazil and Argentina. At the time of the merger with Mittal Steel in 2006, Arcelor was the second largest steel producer in the world. It is now a part of ArcelorMittal.
Latest News
MEPS International Steel Market Roundup
13 January 2005 - According to MEPS (International) Ltd., U.S. market activity for Flat Products is flat. The mills, faced with weak fourth quarter order books, started seasonal maintenance shutdowns in November that have continued through this month. With high customer inventories, mill transaction prices continue to slip. MEPS has received unconfirmed reports that surcharges are not being universally applied, especially to large volume purchasers. Steel market conditions are expected to improve in the first quarter, and AK Steel Corp. has already announced a $US50 per ton hike. Canadian market activity continues to be subdued, with inventory levels apparently more tailored to present-day demand than those in the US. However, MEPS has monitored further drops in transaction values over the last four weeks.
SMS Demag to Provide Flying Crank Shear for Cockerill Sambre
01 January 2005 - Cockerill Sambre (Arcelor Group), Belgium, has purchased a modern flying crank shear and a scrap sorting facility from SMS Demag, Germany. The equipment will be installed at the company’s Kessales site in Liège, Belgium.
Arcelor Acquires 100% Stake in Stahlwerke Bremen Subsidiary
01 January 2005 - Arcelor has agreed with Bremer Investitions-Gesellschaft (BIG), the minority shareholder of its subsidiary Stahlwerke Bremen (SWB), on the acquisition by Arcelor of the 30.3% stake that BIG holds in SWB. After completion, Arcelor will hold, through wholly owned subsidiaries, 100% of SWB.
Danieli Morgardshammar to Upgrade Ares Bar Mill
01 January 2005 - Ares SA (Arcelor Group), Luxembourg, has awarded Danieli Morgårdshammar an order for the modernization of its Bar Mill C located in Rodange.
Danieli to Install Spooler Line at ACA
01 January 2005 - Aceralia Corrugados Azpeitia (ACA), Spain, will add a Danieli Spooler line to their Azpeitia bar mill.
SMS Demag Completes Revamp of Industeel Slab Caster
01 December 2004 - SMS Demag AG, Germany, has successfully completed its revamp of the single-strand continuous slab caster at Industeel (formerly Fabrique de Fer), Charleroi/Belgium. Industeel, part of the Arcelor Group, has put the revamped plant into operation and has issued acceptance.
Contract Growth Continues for VAI
01 December 2004 - Voest-Alpine Industrieanlagenbau (VAI) has logged new orders from Asia, Russia and Western Europe with a total value of around EUR 100 million, raising company order intake at the end of November 2004 by more than 50% compared to the same period of last year.
Dofasco Files Short Form Prospectus
29 November 2004 - Dofasco Inc. has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada.
MEPS International Steel Market Roundup
11 November 2004 - MEPS (International) Ltd provided the following summary of international flat steel and long products markets:
California Steel Reports Record 3rd Quarter Results
18 October 2004 - California Steel Industries, Inc. (CSI) reported its best quarterly results in the company's 20-year history, with net income of $46.1 million on sales of $388.6 million for the third quarter.
Canadian Tribunal Rescinds Order for Cold-Rolled Steel Sheet
15 September 2004 - The Canadian International Trade Tribunal (CITT) has rescinded its findings regarding cold rolled carbon steel sheet products from Belgium, the Russian Federation, the Slovak Republic and Turkey.
VAI to Supply Vacuum Degasser to Companhia Siderurgica
01 September 2004 - VAI-MS has been contracted to provide a vacuum degassing plant to Brazilian steel producer Companhia Siderúrgica, an Arcelor Group company. The order is valued at approximately EUR 29 million.
Belgo Mineira Starts up New Danieli Steelmaking Plant and Bar Mill
01 September 2004 - Belgo Mineira in Piracicaba, Brazil, is operating a new state-of-the-art Danieli steelmaking plant.
MEPS International Steel Market Roundup
13 August 2004 - MEPS (International) Ltd provided the following summary of international flat steel and long products markets:
Ryerson Tull Completes Acquisition of J&F Steel
03 August 2004 - Ryerson Tull, Inc. announced completion of its acquisition of J&F Steel.
MultiServ Wins 10-Year Services Contract at New Arcelor Stainless Facility
01 August 2004 - Harsco Corp.’s MultiServ mill services division has been selected to provide a range of on-site mill services at Arcelor's new Carinox stainless steel works now under construction in Belgium. The initial ten-year contract, scheduled to begin in 2005, has an anticipated value in excess of $140 million, making it one of the largest single awards ever received by the MultiServ division.
California Steel Reports 2nd Quarter Results
14 July 2004 - California Steel Industries, Inc. reported net income of $26.3 million on sales of $288.5 million for the quarter ended June 30, 2004.
SMS Demag and Dillinger Huttenwerke to Cooperate in Automation Technology
17 June 2004 - The AG der Dillinger Hüttenwerke and SMS Demag AG have signed an agreement on long-term cooperation in the field of automation technology for heavy plate rolling.
Dofasco and Arcelor Plan Automotive Galv Line for Southern U.S.
30 April 2004 -
Corus Announces Major Developments at Scunthorpe Works
28 April 2004 -
