Steel News

Alacero: 2014 Latin America Steel Production Fell While Imports Rose

02 March 2015 - End of the year figures show that the Latin American steel market did not grow during 2014, impacted by the global and regional economic deceleration, said Latin America’s steel association Alacero.

Terex Material Handling Unveils Innovative Demag Crane Design

27 February 2015 - Terex Material Handling has launched the Demag V-type crane design, a revolutionary crane that sets a new industry standard and weighs up to 17% less than comparable box-section profile girders.

SteelBenchmarker: HRB Prices Heading for the Bottom

27 February 2015 - In its 214th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 23 February 2015:

NLMK Generates Significant Savings through PCI Implementation at Novolipetsk

26 February 2015 - Russia’s NLMK Group made a saving of 425 million rubles in 2014 through the use of pulverized coal injection (PCI) technology at two blast furnaces at its Novolipetsk production site in Lipetsk.

Alberto Iperti Appointed CEO of Tamini

26 February 2015 - Alberto Iperti has been appointed CEO of Tamini, a worldwide leader in the manufacturing and service of energy transformer and a subsidiary of Terna, the company that transmits and dispatches electricity on the high voltage grid throughout Italy.

MMK Increases Production and Shipments of Automotive Sheet

26 February 2015 - OJSC Magnitogorsk Iron and Steel Works (MMK) increased 2014 shipments of metal products to automotive producers by 18% y-o-y to 415,000 tonnes from 353,000s tonnes in 2013.

MTAG Switzerland to Deliver Vacuum Degassing Installation to ArcelorMittal Hunedoara

25 February 2015 - MTAG Switzerland has signed a contract to supply a 100-metric-ton turnkey vacuum degassing installation with a dry mechanical pumping system to Romanian long product producer ArcelorMittal Hunedoara.

SteelBenchmarker: HRB Prices in Downward Spiral

25 February 2015 - In its 213th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 9 February 2015:

Tata Steel to Acquire Nordic Strip Products Service Centers

25 February 2015 - Tata Steel, Europe’s second largest steel producer, announced the acquisition of three service centers in Sweden, Finland and Norway to strengthen its offering to manufacturers in the Nordic region.

worldsteel Releases Publication on Steel’s Role in Global Circular Economy

25 February 2015 - The World Steel Association (worldsteel) announced the launch of a new publication ‘Steel in the circular economy - A life cycle perspective’.

AUMUND Fördertechnik Names New Managing Director

24 February 2015 - Since 1 November 2014, AUMUND Fördertechnik GmbH in Rheinberg, Germany, has had a new managing director.

Platts China Steel Sentiment Index Plunged in February

24 February 2015 - The outlook for China's steel market for the next 30 days is down on the back of weaker expectations for new domestic and export orders ahead of the long Chinese New Year holiday, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which reflects market participants' expectations.

Global Steel Production Down 2.9% in January

24 February 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 133 million metric tons (Mt) in January 2015, a -2.9% decrease compared to January 2014.

ArcelorMittal Europe Reports €122 Million Operating Profit for Q4 2014

24 February 2015 - ArcelorMittal announced its results for the fourth quarter ended 31 December 2014. The segment recorded an operating profit of €122m compared with an operating loss of €396m for Q4 2013.

New Cold Rolling Mill from Primetals Technologies Produces First Coil at Tangshan

23 February 2015 - The cold rolling mill supplied by Primetals Technologies to Tangshan Iron and Steel Group Co. Ltd., a Chinese steel producer, has now been brought into production and the first coil was rolled in January 2015.

MMK Introduces Advanced IT Solutions

23 February 2015 - Russia’s OJSC Magnitogorsk Iron and Steel Works (MMK) in 2014 launched a strategic program for the adoption of advanced IT in operational and management processes.

worldsteel Announces World Champions of steelChallenge-9

23 February 2015 - The World Steel Association (worldsteel) announced the new world champions of the 9th steelChallenge.

Vale Smashes Iron Ore Production Record

20 February 2015 - Brazil’s Vale (NYSE:VALE), the world’s largest producer of iron ore, continued to flood the market with product in 2014 despite sharply lower prices.

Tata Steel to Supply Rails for London's Crossrail Project

20 February 2015 - Tata Steel has signed a contract to supply wear-resistant rails for the Crossrail project beneath the heart of London. The Crossrail route will serve 40 stations and travel more than 100km from Reading and Heathrow in the west, through new twin-bore 21km tunnels below central London to Shenfield and Abbey Wood in the east.

3tn: Efficient Storage of Slabs, Billets, Coils and Plate

19 February 2015 - Technical warehouse management system can be easily adapted to customer-specific requirements.