Steel News

Kvaerner Completes Divestment of North American Construction Business

01 January 2014 - Kvaerner has completed the sale of its onshore construction business in North America to Matrix Service Company.

LanzaTech Wins 2013 Platts Global Energy Award for Sustainable Innovation

31 December 2013 - LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, was recognized at the 2013 Platts Global Energy Awards for “Sustainable Technology Innovation of the Year.”

Konecranes Announces Change to Head of Equipment Business

25 December 2013 - Hannu Rusanen, currently executive vice president and head of Business Area Equipment, has announced that he is leaving Konecranes to pursue other interests.

Luneta Launches Breakthrough Lubricant Inspection Pod

23 December 2013 - Luneta announced the launch of the Condition Monitoring Pod™ (CMP), a new multi-parameter inspection device modernizing and expanding daily lubricant inspections.

Abresist Kalenborn Corp. Announces Company Name Change

19 December 2013 - Abresist Kalenborn Corp. has changed its name to Kalenborn Abresist Corp., effective 1 January 2014.

Siemens Makes Acquisition Enhancing Industry Software Portfolio

19 December 2013 - Siemens has entered into an agreement to acquire TESIS PLMware, a recognized leader in the integration of product lifecycle management (PLM) software with other enterprise applications, further enhancing Siemens' industry software portfolio.

Altra Industrial Motion Completes Acquisition of Svendborg Brakes

18 December 2013 - Altra Industrial Motion Corp. has closed on the acquisition of Svendborg Brakes A/S and S.B. Patent Holding ApS (together “Svendborg"), a leading global manufacturer of premium quality caliper brakes.

SMS Reports Low Order Intake, Expects Significant Decrease in Profits

18 December 2013 - As in 2012, the order intake by the SMS group will be below target for 2013. A net result well short of the previous year is anticipated.

Second Continuous Slab Caster from Siemens Starts Up at JSW Steel

16 December 2013 - In August 2013, a new continuous slab caster from Siemens Metals Technologies began operating at the Toranagallu steelworks of Indian steel producer Jindal South West Steel Ltd. (JSW Steel).

Magnetek Offers cULus Certified Dynamic Braking Resistors

16 December 2013 - Magnetek, Inc., a leading supplier of digital power and motion control systems for the material handling industry, announced the availability of a new line of cULus certified Dynamic Braking Resistors. These Dynamic Braking Resistors have been designed to meet UL508A and CSA C22.2 No. 14 safety standards.

Integrated Mill Systems Plays Key Part in Revamp of ArcelorMittal Cleveland

13 December 2013 - Among the leaders in the metals industry is ArcelorMittal’s Cleveland Works, recently described in the press as the “most productive steel plant on the planet,” is due in no small part to Integrated Mill Systems (IMS) which has lead the way for the past 10 years in helping make this a reality.

Dongbei Special Steel Commissions Open-Die Forging Press from SMS Meer

13 December 2013 - Dongbei Special Steel has successfully commissioned an 80-/100-MN open-die forging press supplied by SMS Meer at its works in Dalian, Liaoning Province, China.

SMS Logistiksysteme to Supply Billet Inspection Line for Steelmaker in Vietnam

11 December 2013 - SMS Logistiksysteme, Germany, received an order from Taiwanese Nan Ya Plastics Corp., a company of the Formosa Plastics Group, to supply a billet inspection line for the new fully integrated steelworks of Formosa Ha Tinh Steel Corporation domiciled in Vietnam.

Kvaerner Divests North American Construction Business

10 December 2013 - Kvaerner has sold its onshore construction business in North America to Matrix Service Company for an enterprise value of US$80.3 million.

Danieli Corus Completes Ceramic Burner Rebuild at Tata Steel Port Talbot

10 December 2013 - Danieli Corus recently completed an eight week project for the rebuild of the hot blast stove 13 ceramic burner at Tata Steel Port Talbot in Wales.

Eco Pickled Surface Technology Wins Approval from GM and Chrysler

09 December 2013 - The Material Works, Ltd. (TMW) announced that strip steel processed by the eco pickled surface (EPS) technology has been approved as a replacement for acid pickled steel by the automotive manufacturers General Motors and Chrysler.

Anhui Tianda Puts Expanded PQF Plant from SMS Meer Into Service

09 December 2013 - Anhui Tianda Oil Pipe in Anhui Province, China, has expanded and re-commissioned its existing PQF® plant supplied by SMS Meer, Germany.

KEYENCE Introduces New All-Purpose Sensor

09 December 2013 - KEYENCE is excited to introduce the all new LR-T Series multi-purpose laser sensor.

Tenaris Orders Seamless Tube Plant from SMS Meer for New Texas Plant

05 December 2013 - Tenaris has awarded SMS Meer with the supply of a PQF® plant for the Bay City site in Texas, U.S.A.

Broner Collaborates with Jsoft to Create Strong Partnership for the Indian Steel and Aluminum Market

05 December 2013 - Broner Metals Solutions announced with Jsoft Solutions Ltd the signing of a memorandum of understanding to deliver a comprehensive product portfolio of advanced planning and scheduling and MES solutions to the Indian steel and aluminum market.