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Latest News
Siemens to Upgrade Caster Capacity at Nizhny Tagil
15 January 2010 - Nizhny Tagil Iron & Steel Works contracts Siemens VAI Metals Technologies to increase the casting capability of its existing two-strand beam-blank/bloom combi-caster, CCM3, by an additional 300,000 tonnes/year.
Tenova Stainless Steel Line in Service at ThyssenKrupp Terni
15 January 2010 - Tenova Strip Processing successfully starts up the annealing and pickling line (no. 4) for the treatment of both hot and cold rolled stainless steel at ThyssenKrupp Acciai Speciali, Terni, Italy.
Corus to Consider Trade Union Proposal at Teesside
14 January 2010 - At the first meeting of the Teesside Cast Products (TCP) Joint Management and the Trade Union (TU) Task Force, Corus agrees to consider a TU proposal to extend TCP’s operating program and postpone partial mothballing to the end of February.
PBGC Protects Pensions at Crucible
14 January 2010 - The Pension Benefit Guaranty Corp. has assumed responsibility for six underfunded pension plans covering nearly 3600 former workers and retirees of Crucible Materials Corp.
Steel Dynamics Starts Production of Mesabi Nuggets
14 January 2010 - Steel Dynamics produces its first batch of iron nuggets at its Mesabi Nugget facility at Hoyt Lakes, Minn., marking the world's first commercial production of nuggets using the ITmk3 process developed by Kobe Steel Ltd.
Lakeside Increases Production; Recalls Temporarily Laid-off Employees
14 January 2010 - Lakeside Steel Inc. has increased production on its Stretch Reduction Mill by adding production shifts to meet stronger demand for its OCTG products. The company has also recalled all of its temporarily laid-off employees, returning to full employment for the first time since November 2008.
ArcelorMittal Ostrava Gives Pupils Interactive Boards, Computers
14 January 2010 - Representatives of ArcelorMittal Ostrava have given the basic school in Datyňská Street in Vratimov an interactive board with accessories worth CZK 95 thousand. Another school on Masaryk Square in Vratimov will receive five computer sets worth CZK 72 thousand.
Massey Energy, Jindal Steel & Power Enter MoU for Mine Development, Operation
13 January 2010 - Massey Energy signs memorandum of understanding with Jindal Steel & Power Limited under which the parties will bid for the development and operation of underground coal mining projects.
AK Steel Increases Price for Carbon Steel Products
13 January 2010 - AK Steel announces an additional $60 per ton increase to spot market prices for carbon steel products immediately for all new orders.
ArcelorMittal Inaugurates Upgraded Pickling Line in Poland
13 January 2010 - ArcelorMittal and Tenova Strip Processing celebrate the inauguration of the company’s upgraded continuous pickling line in Krakow, Poland.
Crucible, Latrobe Specialty Steel Distribution to Partner on CPM Marketing
13 January 2010 - Crucible Industries entered into partnership with Latrobe Specialty Steel Distribution for the sales and marketing of Crucible Particle Metallurgy.
Tube City IMS Announces Executive Appointments
13 January 2010 - Tube City IMS announces the appointments of Hideto Hata as Director of Outsource Purchasing and Sales for Central and South America, and Jerry Strader as Vice President of Marketing.
Baoji Petroleum Steel Pipe to be 1st Chinese Manufacturer of Stretch-Reduced Welded Tube
13 January 2010 - Friedrich Kocks will supply a stretch reducing block and rotating hot saw for Baoji Petroleum Steel Pipe’s new welded tube plant being constructed in Baoji, China.
Danieli, Tenova HYL to Supply Energiron DR Plant to EZZ Rolling Mills
12 January 2010 - EZZ Rolling Mills, Egypt, signs contracts with Danieli & Co. and Tenova HYL, for the turnkey supply of a 1.9 million tonnes/year ENERGIRON III direct reduction plant.
Posco TRIZ University to Open
12 January 2010 - Posco plans to open Posco TRIZ University on February 1 to enhance creative problem-solving abilities of employees. The company plans to link the education with improvement in management results.
SAIL Dealers Achieve Record Sales
12 January 2010 - During the first nine months of the current financial year, the Steel Authority of India Ltd. (SAIL) dealer network achieved sales of 417,000 tonnes—a year-over-year growth of 23%—and registered double-digit growth in each of the four regions.
Nucor’s Rutkowski to Retire
12 January 2010 - Nucor Executive Vice President of Business Development Joseph A. Rutkowski will retire at the end of February after 21 years of service with the company. Effective March 1, 2010, R. Joseph Stratman will assume responsibility for business development activities while continuing his role as EVP of Beam and Plate Products.
Case Transfer for Rio Tinto Employees
12 January 2010 - Rio Tinto says the Chinese Public Security Bureau, which is investigating the four Shanghai employees detained on July 5, 2009, has transferred the case to the People's Procuratorate.
Changes in Tata Steel Senior Management
11 January 2010 - Tata Steel recently announced changes to its senior management, effective from April 1, 2010, including the retirements of Arun Baijal, Group Director (Global Mineral Resources), and B K Singh, Vice President (Orissa project).
Posco to Continue Global Expansion
11 January 2010 - Posco plans to build more facilities in its foreign units this year to fulfill its goal of advancing to broader overseas markets. For example, the company plans to break ground in March on a new continuous galvanizing line plant in India with an annual capacity of 400,000 tonnes.
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