Steel News

U. S. Steel, Carnegie Pension Fund Announce Executive Changes

07 June 2011 - United States Steel and the trustee for its pension and other benefit plans, Carnegie Pension Fund, have announced that Gary A. Glynn, President of the fund since 1985, will retire effective July 31. Effective August 1, William Donovan, who currently serves as Vice President – Investments, will succeed Glynn as President.

Siemens to Supply AOD Converter to Viraj Profiles

07 June 2011 - Siemens VAI Metals Technologies won an order from stainless steel producer Viraj Profiles Ltd. to supply an AOD (argon-oxygen decarburization) converter for its plant located in Tarapur, Maharashtra, India. The project is scheduled for completion by mid-2011.

Danieli Group Forms New Business Unit

06 June 2011 - Danieli Group has decided to establish a new business unit, Danieli Linz Technology, to deal with the steel production with Oxygen Converters (BOF). The Group claims that it will become the only company capable of supplying the complete BOF shop with fully owned, proprietary technologies.

Mechel Announces New Managing Director at Chelyabinsk Metallurgical Plant

06 June 2011 - Mechel OAO has announced the appointment of Rashid Nugumanovas Managing Director of Chelyabinsk Metallurgical Plant, succeeding Sergei Malyshev, who is moving to the company’s headquarters.

V & M Star Builds New Ohio Plant

06 June 2011 - V & M Star is building a new seamless tube plant in Youngstown, scheduled for commissioning in the first half of 2012. Construction is being carried out by Danieli Centro Tube, and Friedrich Kocks will supply its latest-generation Extractor and Stretch Reducing Block.

Posco’s Innovation Activity Yields New Beginning for VSC-Posco

06 June 2011 - VSC-Posco Steel is a provider of low carbon steel wire rods and steel wires in Vietnam, where demand is strong, but the company has been competing with outdated facilities.

Vale Mines Recognized for Top Safety

06 June 2011 - The John T. Ryan Trophy, honoring Canada's safest metal mine, was awarded to Vale's T1 and Birchtree Mines in Thompson, Manitoba, for having the lowest reportable injury frequency per 200,000 hours worked in Canada.

Severstal NA Hot Commissions Second EAF at Columbus

03 June 2011 - Severstal North America marked another chapter at its Columbus plant this week with production of the first tons on its second primary strand.

ArcelorMittal Organizes Ecological Picnic in Poland

03 June 2011 - Organized by ArcelorMittal Poland in cooperation with Tauron, a “family ecological picnic” was recently held in Dąbrowa Górnicza. A highlight was the planting of 100 trees, which marked the beginning of a larger project launched this year by both companies.

Posco, Nippon Steel Hold Technology Exchange

03 June 2011 - The hot rolling department at Posco’s Gwangyang Steel Works recently hosted a two-day technology-exchange event with Nippon Steel Corp.

NMDC Signs Contract for India’s Largest Blast Furnace

03 June 2011 - NMDC Limited has signed a contract with Tata Projects Limited and Danieli Corus to set up India’s largest blast furnace for a 3 MTPY integrated steel plant the company is planning to construct at Nagamar.

Metinvest Opens New Metal Center in Mariupol

03 June 2011 - Metinvest has further expanded its distribution network with the opening of new metal center in Mariupol by Metinvest SMC. The new center is located near Metinvest’s Azovstal and MMKI mills.

Fluor to Expand South Carolina Plant of Showa Denko Carbon

03 June 2011 - Fluor Corp. was awarded an engineering, procurement, and construction contract by Showa Denko Carbon, Inc., to expand its graphite products manufacturing facility in Ridgeville, S.C.

Rio Tinto, Chinalco Form JV for Exploration in China

02 June 2011 - Chinalco and Rio Tinto have formalized a joint venture (JV) that will explore mainland China for world-class mineral deposits. The immediate priority for Chinalco Rio Tinto Exploration Co. Ltd. will be copper exploration.

Posco Employees Present Research at HMnS 2011

02 June 2011 - Six Posco researchers delivered presentations at the recent 1st International Conference on High Manganese Steels (HMnS 2011), hosted by the Steel Research Institute of Yonsei University and co-sponsored by Posco and Hyundai Steel.

AK Steel Announces July 2011 Surcharges

02 June 2011 - AK Steel says it will add a $440 per ton surcharge to invoices for electrical steel products shipped in July 2011.

Steel Import Permits Down 6% in May

02 June 2011 - Steel import permit applications reached 2,579,000 net tons for the month of May, a 6% decrease from the 2,746,000 permit tons recorded in April according to the latest report from AISI.

Outokumpu Divests Part of Ownership in Talvivaara

02 June 2011 - Outokumpu has sold all of its shares in Talvivaara Mining Co. Plc to Solidium Oy, a holding company wholly owned by the Finnish State. Outokumpu also sold one-fifth of its 20% holding in Talvivaara Sotkamo Ltd. to Talvivaara Mining, and granted an option for the purchase of the remaining 16% by the end of the first quarter of 2012.

MMK Reduces Specific Emissions in Q1

02 June 2011 - An in-house environmental management system (EMS) study by Magnitogorsk Iron and Steel Works (MMK) shows that the Group reduced emissions per unit of finished product by 6.34% year-over-year in the first quarter of 2011.

Posco Hosts Technical Exchange Meeting with ArcelorMittal

01 June 2011 - Posco and ArcelorMittal hold the 2011 Technical Exchange Meeting, sharing information on key issues including energy conservation and byproduct recycling.