Steel News

Italy's Lecco Steel Mill to Restart Production, Hire Staff

09 April 2015 - According to Reuters, Italy's Lecco steel rolling mill, formerly owned by the country's second-largest steelmaker Lucchini, will restart production in May and will hire nearly 100 staff including former employees currently under redundancy contracts.

Uralmashzavod, Italy's PERT to build, sell mini steel plants

09 April 2015 - Uralmashzavod, a division of Russian heavy machinery group OMZ , and Italy's PERT will build and sell mini metallurgical plants, the company said in a statement.

Steel Companies Join Hands With Govt. to Set Up R&D Institution in India

09 April 2015 - A Memorandum of Agreement has been signed between the major Indian Steel Companies and the Ministry of Steel for setting up of a Steel Research & Technology Mission of India (SRTMI).

Tenaris to supply pipe for the Argentina Northeast Gas Pipeline (GNEA)

08 April 2015 - ENARSA, an Argentine state-run energy company, will use a total of 2,140 kilometers of Tenaris pipes in a new stage in the construction of the Argentina Northeast Gas Pipeline (GNEA).

ArcelorMittal Steel Provides Foundation for London’s New U.S. Embassy

08 April 2015 - For nearly 300 years, the US Embassy in London has been synonymous with its home in Grosvenor Square, Mayfair. But times are changing. With a growing need for modern, secure and sustainable facilities, the embassy is turning its attention to the South Bank – the site of its new landmark office, which has ArcelorMittal steel at its heart.

Usiminas Gets New Chairman

07 April 2015 - Usinas Siderurgicas de Minas Gerais SA appointed a new chairman as minority shareholders barged into a fight between Nippon Steel & Sumitomo Metal Corp. and Italy’s Techint Group for control of the Brazilian steelmaker.

Retirement of Non-Executive Director at BlueScope Steel Ltd.

07 April 2015 - BlueScope Steel Ltd. announces the retirement of Deputy Chairman, Ron McNeilly, with effect from today.

Tata Steel completes transformation of Steelpark into national processing hub

07 April 2015 - Tata Steel has completed a series of investments at its Steelpark site at Wednesfield in the West Midlands that has strengthened the site’s position as the UK’s largest steel processing centre.

Uwe Väth to Become Vice President Operations of Schenck Process

03 April 2015 - Uwe Väth shall assume control over Operations of the Schenck Process Group effective April 1, 2015. In this role, he will be responsible for global manufacturing, supply chain and purchasing, and will report to Andreas Evertz, President and CEO. At the same time, he will become Joint Managing Director acting from the company headquarters of the Schenck Process GmbH, which plays the leading and coordinating role for all European countries as well as Russia and parts of Africa. Uwe Väth comes from the accounting firm PricewaterhouseCoopers and is switching over directly to the side of the company.

ArcelorMittal and CLN Group Form Joint Venture to Serve Italian Flat Product Market

03 April 2015 - ArcelorMittal Distribution Solutions Italia (AMDSI) and CLN Group today announce the formation of ArcelorMittal CLN Distribuzione Italia, a joint venture between the two companies, that brings together two of Italy’s leading steel distribution companies.

Nicolas de Coignac Appointed at the Head of Vallourec’s North America Operations; New Regional Organization Wordlwide

03 April 2015 - Vallourec, a world leader in premium tubular solutions primarily serving the energy markets, announces Nicolas de Coignac has been appointed Senior Vice President Vallourec Group, President North America effective as of 1 April 2015.

MMK Becomes Steel Supplier for Ford in Russia

03 April 2015 - OJSC Magnitogorsk Iron and Steel Works (MMK) has been named as a steel supplier for Ford cars produced in Russia.

Konecranes PLC’s President and CEO Pekka Lundmark to Leave the Company

02 April 2015 - President and CEO Pekka Lundmark has decided to leave Konecranes to pursue his career outside the company. The Board of Directors of Konecranes Plc will immediately start the search of a new President and CEO.

General Steel Reports Fourth Quarter and Full-Year 2014 Financial Results

02 April 2015 - General Steel Holdings, Inc., a leading non-state-controlled steel producer in China, announced its financial results for the fourth quarter and full-year ended December 31, 2014.

Tata Steel Completes Acquisition of Nordic Service Centres

02 April 2015 - Tata Steel has completed the acquisition from SSAB of Sweden of two service centres and 50% of a third service centre in which it already owns 50%.

Ovako Has Completed Acquisition of Tibnor Oy in Finland

01 April 2015 - Ovako has completed its acquisition of Tibnor Oy following approval from the European Commission and the competition authorities in Finland and Estonia.

China’s Zenith Steel Revamps Complete Rod Outlet With Primetals Technologies

01 April 2015 - • Product line expanded into high carbon market. • First Optimesh system installed in China for increased cooling. • Upgrade increases rolling speed to 110 m/s for greater production.

EU Levies Import Duties on Stainless Flats from China and Taiwan

01 April 2015 - The European Commission has imposed provisional anti-dumping duties of up to 25.2 % on stainless steel cold rolled flat (SSCR) imports from PR China and up to 12.0 % on imports from Taiwan, following the complaint which was filed by EUROFER in May 2014.

Primetals Technologies to Modernize Rolling Mill Drives for AMAG Rolling in Austria

31 March 2015 - Primetals Technologies has won an order from AMAG rolling GmbH, located in Ranshofen, Austria, to modernize the entire drive technology on its four-high hot rolling stand.

Tosyali Toyo Orders High-Efficiency Tinning Line With Soluble Anodes From SMS Siemag

30 March 2015 - Tosyali Toyo Çelik A.Ş. (Tosyali Toyo Steel Co. Inc.), the Turkish-Japanese joint venture between Tosyali Holding and Toyo Kohan, has awarded SMS Siemag (www.sms-siemag.com) the contract for the supply of an electrolytic tinning line.