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Indian Consortium Wins Preferred Bidder Status for Hajigak Deposit

01 December 2011 - The SAIL-led consortium AFISCO (Afghan Iron & Steel Consortium) has won the status of “preferred bidder” for blocks B, C, and D of the mines with an estimated reserve of 1.28 billion tonnes of high-grade magnetite iron ore (with 62-64% Fe content).

Vallourec to Build Premium Threading Facility in Youngstown

01 December 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.

Ryerson Opens New Long Products Service Center in Houston

01 December 2011 - Ryerson has opened a new service center in Houston, Texas, that is completely devoted to the processing and distribution of long products.

ThyssenKrupp Uhde Acquires Otto Corporation in Japan

30 November 2011 - ThyssenKrupp Uhde has acquired Tokyo-based Otto Corp. in support of the company’s drive to expand its market presence in the field of coke plant technologies.

SunCoke Energy Provides 2012 Outlook

30 November 2011 - SunCoke Energy provided an outlook for its business in 2012 including guidance on coke and coal production, earnings, capital expenditures and other key financial measures.

Linde to Manage Gas Supply System for Hebei Puyang Iron and Steel

30 November 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.

Posco Signs MOU with Google

30 November 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.

TMS International Receives 2011 Global Slag Environmental Award

30 November 2011 - TMS International’s Jewett, Texas, operation received the 2011 Global Slag Environmental Award from PRo Publications International Ltd. for implementing an environmentally friendly plan to control slag processing emissions and conserve water during the driest 12-month period in Texas since 1895.

Mechel, BelAZ Sign Agreement for Long-Term Partnership

29 November 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.

CMC to Review Unsolicited Letter from Carl Icahn

29 November 2011 - Commercial Metals comments on the open letter released to the press by Carl Icahn proposing to acquire all outstanding common shares of Commercial Metals at a price of $15.00 per share.

Krakatau Posco Organizes CSR Activities

29 November 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.

Baosteel, Tianjin Sign Cold-Rolled Sheet Design Contract

29 November 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.

worldsteel Announces Regional Winners for Steeluniversity Challenge

29 November 2011 - The World Steel Association (worldsteel) has announced the regional champions of the sixth steeluniversity Challenge, including both industry and student winners in five major world regions.

MMK to Acquire 100% of Flinders Mines Limited

28 November 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.

Posco Increases Work Efficiency, Job Satisfaction with Smart Work Environment

28 November 2011 - On-site work efficiency and job satisfaction significantly increased in both the Pohang Steelworks and Gwangyang Steelworks one year after Posco implemented a Smart Work environment under which employees could process their work using mobile devices such as smartphones.

Severstal Continues Work on Balakovo Long Product Mini-mill

28 November 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.

SMS Siemag to Supply two Annealing Lines for Panzhihua

28 November 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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