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Headlines
Latest News
Mesabi Trust Declares Distribution
14 April 2011 - The Trustees of Mesabi Trust have declared a distribution of five cents per Unit of Beneficial Interest payable on May 20, 2011 to Mesabi Trust unitholders of record at the close of business on April 30, 2011.
SMS Siemag to Modernize DanSteel Heavy-Plate Mill
14 April 2011 - DanSteel A/S has awarded an order to SMS Siemag, Germany, for the comprehensive modernization of its heavy-plate mill in Fredericksvaerk, Denmark.
Siemens VAI to Supply Stainless Rolling Mill for Viraj Profiles Ltd.
14 April 2011 - Siemens VAI Metals Technologies will construct a new rolling mill for stainless steel bar and light profiles in India for Viraj Profiles Ltd., the second largest producer of stainless steel long products in the world.
Cliffs Wins Approval for Consolidated Thompson Acquisition
14 April 2011 - The Minister of Industry has approved Cliffs Natural Resources’ proposed acquisition of Consolidated Thompson Iron Mines Limited, under the Investment Canada Act, on the basis that the transaction is likely to be a net benefit to Canada.
Siemens to Supply Static Var Compensation System to CMC Steel Texas
13 April 2011 - CMC Steel Texas has placed an order with Siemens Industry, Inc. to supply a turnkey SVC Plus static var compensation system for the company’s steel minimill in Seguin, Texas.
RG Steel Announces Executive Appointments
13 April 2011 - RG Steel President and CEO V. John Goodwin announced four key executive appointments including Chief Financial Officer, Chief Commercial Officer, Chief Administrative Officer, and Chief Operating Officer.
JSW Steel Reports Highest Ever Quarterly Crude Steel Production for Q4 FY 2010-11
13 April 2011 - JSW Steel Limited reported its highest-ever quarterly crude steel production of 1.72 million tonnes in the fourth quarter of FY 2010-11, and its highest-ever quarterly production of 1.32 million tonnes of flat rolled products.
PTI Supplies Bottom Stirring System to Lloyds Steel
13 April 2011 - Process Technology International has supplied a bottom stirring nitrogen/argon control system for RHI porous plugs serving two 90-tonne EAFs located at Lloyds Steel in Warhda, India.
Mechel Announces Q1 2011 Operational Results
13 April 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%).
PTI Supplies Bottom Stirring System to Lloyds Steel
12 April 2011 - Process Technology International, Inc. (PTI) has supplied a bottom stirring nitrogen/argon control system for RHI porous plugs serving two 90 tonne EAFs located at Lloyds Steel in Warhda, India.
Tata Steel Reports Annual Production for Fiscal 2010-11
12 April 2011 - Tata Steel completed its fiscal year 2010-11 with an all-round increase over last year in its hot metal, crude steel, saleable steel production and sales.
CMC Enters Two Year Sale of Accounts Receivables Facility
12 April 2011 - Commercial Metals Co. and several of its subsidiaries have entered into a facility with Wells Fargo Bank, N.A to provide for a two-year sale of accounts receivables.
Cliffs Reaches Negotiated Settlement with ArcelorMittal USA
12 April 2011 - Cliffs Natural Resources has reached a negotiated settlement with ArcelorMittal USA and related parties regarding price reopener entitlements for 2009 and 2010 and pellet nominations for 2010 and 2011.
AIST Foundation Secures $1,000,000 in Funding
12 April 2011 - The AIST Foundation board of trustees has raised more than $1,000,000 during the 2010–2011 academic year in support of its mission to ensure the iron and steel industry of tomorrow will have a sufficient number of qualified professionals.
Siemens to Supply Blanking Line to Chinese Automotive Sheet Producer
12 April 2011 - Zhengzhou Baosteel Steel Distribution Co. Ltd. (Zhengzhou Baosteel), China, has ordered a blanking line for automotive blanks from a consortium led by Siemens.
Sumitomo Metals Restarts Plate Mill Rolling Operation
11 April 2011 - Sumitomo Metals restarted its Kashima Steelworks Plate Mill on April 5.
NLMK to Divest Holdings in LLC Independent Transportation
11 April 2011 - NLMK will sell its 100% holding in Independent Transportation Company LLC to UCL Rail B.V., a subsidiary of Universal Cargo Logistics Holding B.V.
Ruukki to Supply Innovative Energy Piles for Technopolis Jyväskylä
11 April 2011 - Ruukki's steel piles will serve both as the foundations and as energy piles to collect free ground-source heat for the new Technopolis Innova 2 office building under construction in Jyväskylä, Finland.
Posco’s IJPC Affiliate Launches Quick Six Sigma Program
11 April 2011 - Posco’s Indian affiliate, Posco-IJPC, has launched the Quick Six Sigma program as part of its effort toward becoming the No. 1 coil processing center in the world.
Siemens Starts up Second Corex C-3000 Plant at Baosteel
11 April 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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