Steel News

Fine Tubes and Superior Tube Expand Operations in Far East

25 March 2015 - Global manufacturers and global suppliers of precision tubes for critical applications, UK-based Fine Tubes and U.S.-based Superior Tube have signed a two-year contract with Fusoh Aviation Co. Ltd to act as their distribution partner in Japan for the aerospace and space sectors.

NLMK Kaluga Produces Millionth Metric Ton of Rolled Steel

25 March 2015 - NLMK Kaluga, a next-generation EAF mini-mill in Russia (part of NLMK Group’s Long Products Division) that manufactures long products and sections for the construction industry, has produced its millionth metric ton of rolled steel.

Tenaris to Supply 470 Kilometers of Pipe for North Argentina Pipeline

24 March 2015 - Tenaris’s mill in Brazil will supply pipes to Odebrecht, the Brazilian company responsible for the capacity expansion of the North Argentina Pipeline.

ArcelorMittal Set to Invest €88 Million in Germany This Year

24 March 2015 - For the world's largest steel producer, ArcelorMittal, its sites in Germany remain very important.

NLMK Group Increases Use of Secondary Energy Sources at Novolipetsk

24 March 2015 - NLMK Group, a Russian manufacturer of high value added steel products, has begun hot testing of a new ‘green energy’ top-pressure recovery turbine (TRT) facility at its Lipetsk production site. Another turbine is under construction in parallel, with launch scheduled for 2016.

Timken Awards Scholarships Valued at $540,000 to 17 Children of Employees Around the World

24 March 2015 - The Timken Co. awarded scholarships to 17 sons and daughters of Timken associates in 11 locations around the world.

SMS Siemag Supplying Continuous Pickling Line to Turkey’s Tezcan

23 March 2015 - Turkish steel service center Tezcan has placed an order with SMS Siemag for the supply of a continuous pickling line.

EVRAZ Appoints Director of Investor Relations

23 March 2015 - EVRAZ announced the appointment of Irina Bakhturina to the role of director of investor relations effective 5 March 2015.

worldsteel: February Global Steel Production 0.6% Higher Y-o-Y

20 March 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes (Mt) in February 2015, a 0.6% increase compared to February 2014.

ArcelorMittal Ostrava Selects Contractor for New Environmental Projects

20 March 2015 - ArcelorMittal Ostrava has obtained up to 90% subsidy from the EU for another six environmental projects within the 48th call.

ThyssenKrupp Implements IDEAL Laser Welder into Existing HDG Line

20 March 2015 - The implementation of a laser welding machine into an existing hot dip galvanizing line (HDGL) a ThyssenKrupp in Germany (TKSE) set an example for IDEAL’s unique solutions.

U.S. Ambassador to Austria Visits voestalpine Headquarters

20 March 2015 - United States Ambassador to Austria, Alexa Wesner, recently showed great interest in the activities technology and capital goods group voestalpine is driving forward in the US. During a visit to the Group’s headquarters in Linz she discussed current economic framework conditions in Europe and the USA with voestalpine CEO Wolfgang Eder, as well as voestalpine’s future prospects in the United States.

Sandvik President and CEO Wins Prestigious Diversity Award

19 March 2015 - Olof Faxander, president and CEO at Sandvik, has been awarded the prestigious Diversity Award - CEO Driving Diversity.

EVRAZ ZSMK Signs Off on PCI Plant from Paul Wurth

19 March 2015 - EVRAZ ZSMK of Novokuznetsk, Russia has issued in favor of Paul Wurth a final acceptance certificate for the pulverized coal injection plant designed and delivered by the Luxembourg-based plant builder.

MMK Benefits from Import Substitution in the Russian Market

19 March 2015 - OJSC Magnitogorsk Iron and Steel Works (MMK) bases its development strategy on continuing to strengthen its positions on Russia’s domestic market, producing goods for import substitution and meeting demand in the Russian economy for state-of-the-art and high-quality metal.

Metinvest Establishes New Maintenance Company for Its Metallurgical Assets

19 March 2015 - Metinvest Group created Metinvest-PromService, LLC based on the maintenance departments of Ilyich Iron & Steel Works of Mariupol, Azovstal, and Yenakiieve Steel.

ArcelorMittal Galati Continues Energy Efficiency Investment Program

18 March 2015 - ArcelorMittal Galati in Romania has invested more than €7m to upgrade a set of turbine blowers, aimed at reducing energy consumption at blast furnace No. 5.

NLMK Group Wins Recognition as Best for Occupational Health and Safety

18 March 2015 - NLMK Group, the largest steelmaker in Russia and one of the most efficient in the world, won in the Occupational Health and Safety nomination of the prestigious All-Russian Russian Business Leaders: Dynamics and Responsibility 2014 competition.

ArcelorMittal Liege Starts Up Tension Leveler from JP Steel Plantech

18 March 2015 - JP Steel Plantech Co. announced the start-up of commercial operations of an in-line tension leveler for a continuous annealing line to produce super high-strength steel sheet for automotives at ArcelorMittal’s Liege Steel Works in Belgium.

SteelBenchmarker: HRB Price Collapse Continues

17 March 2015 - In its 215th report, the SteelBenchmarker™ released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 9 March 2015: