Steel News

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.

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.

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.

Sumitomo Metals Restarts Plate Mill Rolling Operation

11 April 2011 - Sumitomo Metals restarted its Kashima Steelworks Plate Mill on April 5.

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.

Essar Steel Enhances Processing Capacity at Pune, Bahadurgarh

08 April 2011 - The Essar Steel Processing & Distribution Facility at Bahdurgarh and Pune recently each added a world-class slitting line for thicker hot rolled steel coils.

Abinsk Electric Steel Commissions New SMS Meer Rebar Mill

08 April 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.

Latrobe Specialty Steel to Expand in Wauseon

08 April 2011 - Latrobe Specialty Steel will use a Contingency Grant recently awarded by the Ohio Department of Development to purchase and install technologically advanced hydrogen atmosphere furnaces at its Wauseon, Ohio, facility.

ALJ Releases Second Quarter Revenue Performance

08 April 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $40.3 million for the second quarter and revenue of $73.0 million for the six months ended March 31, 2011.

CMC Announces New President and Chief Operating Officer

08 April 2011 - Commercial Metals Company announced the promotion of Joe Alvarado to the position of President and Chief Operating Officer.

MMK Completes First Phase of Equipping Mill 2000

07 April 2011 - Magnitogorsk Iron & Steel Works has assembled the first phase of technological equipment at its Mill 2000.

Broner Completes Scheduling Project for ArcelorMittal Galati Plate Mill

07 April 2011 - Broner Metals Solutions completes project to provide Tracking and Order Scheduling solutions for the Heavy Plate Mill of ArcelorMittal Galati in Romania.

Outokumpu Announces Plans to Improve Efficiency

07 April 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.

Posco Completes Thick Steel Plate Plant in Gwangyang

07 April 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.

Steel Import Permits Up 24% in March

07 April 2011 - Steel import applications reached a total of 2,378,000 net tons for the month of March, a 24% increase from the 1,914,000 permit tons recorded in February according to the latest report from AISI.

Posco to Add FINEX Plant, Wire Rod Plant, Stainless Steel Plant

06 April 2011 - Posco announced plans to establish its fourth FINEX plant, third wire rod plant and a new stainless steel plant at its Pohang Works.

Siemens to Equip New Steel Mill for Qatar Steel

06 April 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.