Steel News

Essar Steel Commissions CSP Plant from SMS Siemag

27 May 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.

Commercial Metals to Acquire Australian Long Products Distributor

27 May 2011 - Commercial Metals Co. has entered into a definitive agreement to purchase G.A.M. Steel Pty. Ltd. based in Melbourne, Australia. Completion of the acquisition is contingent upon customary closing conditions.

Tenova Officially Opens Representative Office in Ho Chi Min City

27 May 2011 - Tenova Group officially opened its Representative Office in Ho Chi Minh City with an inauguration ceremony attended by representatives of Vietnamese steel companies and officials of the steel industry in Vietnam.

Broner Completes MES Projects for Pipe Mills at Vyksa Steel Works

27 May 2011 - Vyksa Steel Works in Russia is now using Broner MES solutions to improve production in its Electric Weld Large Diameter Pipe Complex for pipes up to 1420 mm in diameter, and in the Pipe Electric Weld workshop 3.

Vallourec to Acquire Zamil Pipes

26 May 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.

Outokumpu Inaugurates Acid Regeneration Plant at Avesta

26 May 2011 - Outokumpu has inaugurated its state-of-the-art plant for acid regeneration in Avesta that will recycle acid used in the facility’s annealing and pickling line.

ArcelorMittal Makes Changes to Management Board and Committee

26 May 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.

Severstal Resources, Suppliers Discuss Energy Efficiency at Forum

26 May 2011 - More than 80 specialists from Severstal Resources and several equipment suppliers shared their knowledge and expertise in the field of energy efficiency and health and safety at energy facilities during a three-day forum in Vorkuta.

Dillinger Hütte to Build New Continuous Casting Line

26 May 2011 - The Dillinger Hüttenwerke Supervisory Board has authorized construction of a new vertical-type twin-strand continuous caster at the company’s steel plant in Dillingen.

SSAB Becomes Full Owner of Tibnor

25 May 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.

Kobe Steel to Transfer Comsigua Shares to CVG

25 May 2011 - Kobe Steel, Ltd. has reached agreement to transfer all of its shares in Complejo Siderúrgico de Guayana, CA (Comsigua) to Corporación Venezolana de Guayana (CVG).

EVRAZ Plant Passes Audit on Conformity to International Standards

25 May 2011 - Experts from Bureau Veritas Certification have confirmed that the integrated management system of the EVRAZ Group’s Consolidated West Siberian Metallurgical Plant conforms to international standards ISO 9001, ISO 14001, and OHSAS 18001.

SMS Siemag to Upgrade Gas Cleaning System for ArcelorMittal Kryviy Rih BOFs

25 May 2011 - ArcelorMittal has placed an order with SMS Siemag for a comprehensive revamp of the gas cleaning equipment at its steelworks in Kryviy Rih, Ukraine. The new system will use SMS Siemag’s hydro-hybrid filter technology.

ThyssenKrupp Steel Europe to Invest in Bochum, Duisburg Hot Strip Mills

24 May 2011 - ThyssenKrupp Steel Europe AG announced plans to invest around 300 million euros in its hot strip mills in Bochum and Duisburg.

Maruti Honors Essar Steel for its Contribution to Value Engineering

24 May 2011 - Maruti has conferred an award to Essar Steel in recognition of the company’s contribution of value engineering for Maruti’s passenger cars, which account for about 50% market share in India.

UNIGAL Completes Second Continuous Galvanizing Line

24 May 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.

AK Steel Announces Carbon Steel Price Increase

24 May 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products.

Sumitomo Introduces Corrosion-Resistant Steel for Lower-Maintenance Bridges

24 May 2011 - Sumitomo Metal Industries, Ltd. has developed a new corrosion-resistant steel with tin that can be used in salt-containing environments, such as at the seaside or in cold climates where anti-freezing agents are sprayed.

Gerdau Celebrates 110 Years, Announces New Branding

24 May 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.

Tata Steel Proposes Turnaround Strategy for European Long Products Business

23 May 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.