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Sumitomo Wins Contract to Supply UOE Line Pipe
01 February 2010 - Sumitomo Metal Industries, Ltd. and Sumitomo Corp. have won a contract from Nord Stream AG to supply large-diameter welded (UOE) line pipes, coated on the inner and outer walls, for the Nord Stream Project.
Funding Approved for Growth at BHP Billiton’s Western Australia Iron Ore
01 February 2010 - BHP Billiton announced approval for US$1.93 billion of capital expenditure to underpin the accelerated growth of its Western Australia Iron Ore business. This investment represents early expenditure for the company's Rapid Growth Project 6.
Tata Steel, NMDC Sign MOU for Iron Ore Resources
01 February 2010 - NMDC and Tata Steel have signed an MOU to explore possibilities of entering into joint ventures for the purpose of acquisition, exploration, and development of mines; extraction and processing of minerals; setting up integrated steel plants; and any other business that is of mutual interest.
Tata Steel Named One of 100 Most Sustainable Corporations in the World
01 February 2010 - Tata Steel has been rated amongst the top 100 most sustainable corporations in the world by Corporate Knights, the magazine for clean capitalism.
Ruukki to Adjust Construction, Engineering Operations in Finland
01 February 2010 - Ruukki plans to further improve the efficiency of construction operations at Vimpeli, Alajärvi, and Peräseinäjoki in Finland and to transfer the manufacture of components for the engineering industry from Peräseinäjoki to other units.
Harsco Enters India Steel Sector with new Multi-Year Contract at Ispat Dolvi
29 January 2010 - Harsco has been awarded a new multi-year contract to provide a range of onsite services for the Ispat Dolvi complex including material handling, metal recovery and slag stockpile services.
Nippon, Tata to Form Joint Venture for Cold-Rolled Steel Sheets
29 January 2010 - Nippon Steel Corp. and Tata Steel Ltd. have approved the framework of a joint venture for the production and sale of automotive cold-rolled steel sheets at Jamshedpur Works, Jharkhand, India.
Corus Long Products Announces Immediate Price Rise
29 January 2010 - Corus Long Products is raising prices for a wide range of its products by at least £60 per tonne, in reaction to higher input costs.
Tonawanda Coke Ordered to Comply with State, Federal Laws
29 January 2010 - The U.S. EPA and the New York State Department of Environmental Conservation have ordered Tonawanda Coke Corp. over the past two months to maintain and operate its coke manufacturing facility in a manner that no longer violates federal and state environmental laws. EPA is sharing information about its ongoing multi-faceted investigation of this facility in an effort to keep the Tonawanda community fully informed.
JFE, Marubeni-Itochu Receive Orders for Chevron Gorgon Project
29 January 2010 - JFE Steel Corp. and Marubeni-Itochu Steel Inc. have been awarded two line pipe orders for the Gorgon Natural Gas Project operated by Chevron Australia Pty Ltd.
Preliminary Finished Steel Imports Up 11% in December
28 January 2010 - The U.S. imported a total of 1,396,000 net tons of steel in December 2009, up 1% vs. November final data, according to the latest report from AISI.
Carpenter Technology Reports 2nd Quarter Results
28 January 2010 - Carpenter Technology announced net income of $3.5 million ($0.08 per diluted share) for the second quarter ended December 31, 2009. This compares with net income of $29.8 million ($0.68 per diluted share) for the year-ago second quarter.
Universal Stainless Reports Continued Improvement in 4th Quarter
28 January 2010 - Universal Stainless & Alloy Products reported that sales for the fourth quarter of 2009 were $26.7 million, compared with $57.1 million in the fourth quarter of 2008 and $25.3 million in the third quarter of 2009.
Baosteel, Shanghai Railway Bureau to Establish Strategic Cooperation
28 January 2010 - Baosteel Group Corp. recently signed a letter of intent for strategic cooperation with Shanghai Railway Bureau. The two will work together on trading and management of railway construction projects material supply and railway scrap steel recycling, among other areas.
Allegheny Technologies Reports 4th Quarter, Full-Year 2009 Results
28 January 2010 - Allegheny Technologies reported net income of $37.8 million on sales of $815.7 million for the fourth quarter and net income of $31.7 million on sales of $3.05 billion for the full year 2009.
Europipe Awarded Contract for Second Nord Stream Pipeline
28 January 2010 - Europipe, a 50:50 joint subsidiary between Dillinger Hütte and Salzgitter AG, has been awarded a contract for supply of large-caliber welded linepipe for the second pipeline of the Nord Stream project.
Nucor Reports 4th Quarter, Year-End Results
27 January 2010 - Nucor reports consolidated net earnings of $58.9 million on consolidated net sales of $2.94 billion for the fourth quarter and a consolidated net loss of $293.6 million on consolidated net sales of $11.19 billion for the full year 2009.
Danieli to Supply Turnkey Direct Reduction Plants in MENA Region
27 January 2010 - After the successful startup of the 1.6 million tonnes per year Energiron DRI plant at Emirates Steel Industry minimill #1 in Abu Dhabi, Danieli is supplying two more new DRI plants under the Energiron technology worldwide license agreement.
ArcelorMittal Makes Donation for Victims in Haiti
27 January 2010 - ArcelorMittal, through the ArcelorMittal Foundation, has donated 1 million USD to help the relief efforts in Port-au-Prince, Haiti, following the earthquake that struck the island earlier this month.
Sumitomo to Supply Lightweight H-Beams for Elevated Roads
27 January 2010 - Sumitomo Metal Industries, Ltd. is supplying “a large quantity” of its SMart BEAM™ lightweight welded H-beams to support sound-absorbing panels of the Second Keihan Highway, which is scheduled to open in March.
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