Steel News

Alacero: Latin American Finished Steel Production Remains Stable, While Imports Grow 15% in Jan-Apr 2015

30 June 2015 - Alacero released their figures for the Latin American steel market for the first months of 2015 on 24 June.

2014 World DRI Production Tops 74.5 Million Tons

30 June 2015 - The world’s direct reduction industry produced 74.55 million tons of DRI Products in 2014 according to data compiled by Midrex and audited by World Steel Dynamics.

India to Ship 16.5 Million Tons of Iron Ore to Japan, South Korea Over Three Years

30 June 2015 - The Indian government approved the renewal of agreement for supplying up to 16.5 million tonnes (MT) of high grade iron ore to steel plants in Japan and South Korea over three years till March 2018.

Tenaris Awarded Contract for Statoil's Mariner Project

29 June 2015 - Statoil has awarded Tenaris the contract for the supply of casing, tubing and all related services for the Mariner Project.

ArcelorMittal Rebars Reinforce Poland's New Landmark Bridge

29 June 2015 - An iconic new bridge being constructed across the river Wislok in Rzeszow, Poland, features 900 tonnes of rebars produced at ArcelorMittal Warszawa.

Mobile Profile Measurement Device From NextSense Optimizes Rolling Processes

29 June 2015 - For the first time, the profile of rolled materials can be measured quickly and accurately to a tenth of a millimetre anywhere in the rolling mill, which makes it even easier to configure the optimum rolling stand set-up.

AIC Gets Final Acceptance Certificate for a Revamping Project in Siderperu, Gerdau Group

29 June 2015 - AIC has successfully accomplished the roughing shear revamping project in SiderPeru, Tren 2, located in Nuevo Chimbote, Ancash - Peru and received the final acceptance certificate.

ArcelorMittal Produces First AHSS at Vega do Sul Plant in Brazil

26 June 2015 - As reported by Automotive Business, ArcelorMittal has produced its first coil of advanced high-strength steel (AHSS) at its Vega do Sul flat steel rolling mill in Southern Brazil.

Absolute Encoder With SIL-CL3 Certificate Grom Johannes Huebner Giessen

26 June 2015 - Johannes Huebner Giessen presents the new series of absolute encoders with SIL CL3 certificate for deployment in applications requiring certified compliance with functional safety requirements.

Outokumpu Completes Ramp Down of Bochum Meltshop

25 June 2015 - Outokumpu announced that the Bochum melt shop ramp down in Germany has been completed.

Key Appointments Announced for Vallourec's North American Region

25 June 2015 - Vallourec, a world leader in premium tubular solutions primarily serving the energy markets, announces several key appointments in its North America region.

SMS Group: Customers Remain Reluctant to Invest in New Plants

25 June 2015 - Order intake by the SMS group in the last business year declined to EUR 3.167 billion, (2013: EUR 3.309 billion). Sales, at EUR 3.406 billion, remained at the same level as the previous year (2013: EUR 3.495 billion).

India Raises Duties on Some Steel Products to Counter Chinese Imports

24 June 2015 - As reported by Reuters, India has raised duties on certain steel products by up to 2.5 percentage points, as domestic producers struggle to cope with surging cheap imports from China and Russia, among others.

MRC Global Awarded MRO Valve Supply Contract by SABIC in Saudi Arabia

24 June 2015 - MRC Global Inc. announced that its subsidiary, MRC Transmark Middle East FZE, has signed a framework agreement with Saudi Basic Industries Corporation (SABIC), naming MRC Transmark Middle East as one of SABIC's primary valve suppliers to SABIC's operations in Saudi Arabia.

NLMK Group Opens Unified Call Center for Domestic and International Clients

24 June 2015 - NLMK Group, Russia’s top steel-producing company and one of the most efficient steel companies in the world, announced the opening of a unified sales service centre to serve the Company’s domestic and international clients.

Rakesh Singh Appointed Chairman of Steel Authority of India Ltd.

24 June 2015 - Rakesh Singh, IAS, Secretary, Government of India, Ministry of Steel has taken additional charge of the post of Chairman, Steel Authority of India Limited (SAIL), effective 11 June 2015. Singh is a 1978 batch officer of Punjab cadre.

World Crude Steel Production for May 2015; U.S. Down 8.5% From Last Year

23 June 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 139 million tonnes (Mt) in May 2015, a -2.1% decrease compared to May 2014.

Taranto's Ilva on the Verge of Total Shutdown

23 June 2015 - According to a report by Kallanish, Ilva's Taranto plant could be on the verge of a total shutdown after the public prosecutor’s office ordered the seizure of the operation’s blast furnace no. 2 (BF2) on Thursday 18 June.

Mexico Places Duties on Cold-Rolled Steel From China

23 June 2015 - Mexico's government said on 19 June 2015 that it would impose import duties on cold-rolled steel sheet from China after an anti-dumping investigation, as reported by Reuters.

Tosyali Holding to Build World’s Largest DRI Combo Plant

23 June 2015 - Tosyali Holding has awarded Midrex Technologies, Inc., and its partner Paul Wurth S.A. Technologies, Inc., the project to build the world’s largest multiple product direct reduced iron plant for Tosyali Algeria located in Bethioua (Oran), Algeria.