Steel News

ArcelorMittal Announces Publication of Second Quarter 2015 EBITDA Sell-Side Analyst Consensus Figures on corporate.arcelormittal.com

21 July 2015 - ArcelorMittal announced their second quarter 2015 EBITDA sell-side analyst consensus figures on 20 July.

JSPL Angul and SMS Group Commission Largest High-Speed Billet Caster in India

20 July 2015 - Jindal Steel and Power Limited (JSPL) and SMS group have successfully commissioned its high-speed eight-strand billet caster at the Angul Odisha, India, plant.

POSCO Returns to Steel Roots With "Aggressive" Cutbacks

20 July 2015 - As reported by Bloomberg, Posco pledged to halve its domestic operations and cut overseas units by 30 percent as South Korea’s biggest steel producer focuses on its main business of making the metal.

AIC Installs New Medium and Small Section Mill Automation in Corpacam, Guatemala

20 July 2015 - AIC proudly announces that the new section mill, recently established in Guatemala by the Corporación Acerera Centroamericana, started production last month of February.

Tata Steel Uses Keyence Sensors for High-Accuracy Dimensional Rail Inspection

17 July 2015 - Tata Steel Rail France takes great care in inspecting the straightness of the ends of its rails so that its customers receive the straightest possible rails.

Tosyali Toyo Contracts Danieli to Supply New Hot Dip Galvanizing Line

17 July 2015 - In May 2015, Tosyali Toyo Çelik Anonim Şirketi placed a contract with Danieli to supply a new Hot Dip Galvanizing Line dedicated to the production of HSS material to be installed in their facility in Osmaniye.

Tezcan to Produce First Galvalume® Line in Turkey

17 July 2015 - Tezcan Galvanizli Yapi Elemanlari Sanayi Ve Ticaret A.Ş. contracted Danieli Wean United to supply a new galvanizing line dedicated to Al-Zn production and new X-Jet Air Wiping Equipment for existing HDGL to be installed in their facility in Kocaeli, Turkey.

Gerdau Announces Project Gerdau 2022 Corporate Restructuring Plan

16 July 2015 - On 14 July, Gerdau S.A. announced a sweeping corporate restructuring plan to respond to market changes and consolidate ownership of its South American, North American and Brazilian operations.

EUROFER Releases Statement on Proposed Revisions to the European Union's Emissions Trading Scheme

16 July 2015 - The European Steel Association (EUROFER) reacted to the official publication of the Commission proposal on the revision on the EU’s Emissions Trading Scheme (EU ETS) in a press release on 15 July.

Albion Steel Looks to Build First New UK Carbon Steelmaking Plant in 40 Years

15 July 2015 - According to Kallanish Commodities, a A new UK company, Albion Steel Limited (ASL), says that it intends to build the first carbon steel plant in the country for forty years.

Steel Associations From Six Latin American Countries Join to Urgently Request Their Governments to Ensure Fair Trade in the Region

15 July 2015 - On 13 July, eight national and regional associations of the Latin American steel industry published in newspapers of Argentina, Brazil, Chile, Colombia, Mexico and Peru, an Open Letter that calls governments of the region to act urgently to ensure level playing field for steel trade, particularly with China.

Three Dead, Six Injured in Explosion at Esfahan Steel Co. in Iran

15 July 2015 - At least three workers were killed and six others were injured on 9 July in an explosion at Iran's largest steel producer, a factory official said.

ArcelorMittal, Lanzatech and Primetals Technologies Announce Partnership to Construct Breakthrough €87million Biofuel Production Facility

14 July 2015 - ArcelorMittal, the world’s leading steel and mining company, LanzaTech, the carbon recycling company, and Primetals Technologies, a leading technology and service provider to the iron and steel industry today announce they have entered into a letter of intent to construct Europe’s first-ever commercial scale production facility to create bioethanol from waste gases produced during the steelmaking process.

Primetals Technologies to supply the equipment for relining a blast furnace for ROGESA

14 July 2015 - Primetals Technologies has received an order from ROGESA Roheisengesellschaft Saar mbH in Dillingen, Germany, to modernize the electrical, measuring, analytical and automation equipment in conjunction with the relining of blast furnace 4.

Ahmedabad Strips Increases Capacity with Hydrogen Bell Annealing Furnace Installation

14 July 2015 - Allied Pvt. Ltd., India commissioned the installation of Hydrogen Bell Type Annealing Furnace (H2HiCTM) comprising of 2 annealing bases for cold rolled strip coils at Ahmedabad Strips Pvt. Ltd, Ahmedabad, India.

Simon Wandke Promoted to CEO of ArcelorMittal Mining

14 July 2015 - ArcelorMittal, the world’s leading steel and mining company, announced that Simon Wandke has been nominated Executive Vice President of ArcelorMittal and promoted to Chief Executive Officer of ArcelorMittal Mining, with immediate effect.

ArcelorMittal Launches New Generation of Wider Sheet Piles

13 July 2015 - ArcelorMittal has announced the launch of a new range of wider sheet pile sheet pile line: AZ®20-800 and AZ 25-800.

Italy's Ilva to Re-Open Steel Furnace After Environmental Work

13 July 2015 - According to Reuters, Italy's Ilva steelworks, the largest in Europe by output capacity, will re-open the third of its five furnaces next month after a year's inactivity due to environmental problems, the company told trade unions on Wednesday.

EVRAZ Approves Construction Of New Grinding Balls Plant

13 July 2015 - EVRAZ started developing a new grinding balls production facility at Nizhniy Tagil Steel Plant.

Konecranes Receives Order for Two Large Heavy-Duty Cranes From SSAB Europe

13 July 2015 - Konecranes received an order for two heavy-duty industrial cranes from SSAB Europe in May 2015.