Steel News

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:

SMS Siemag Upgrading 7-Stand Hot-Wide-Strip Mill at ArcelorMittal Gent

16 March 2015 - ArcelorMittal has awarded SMS Siemag the order to upgrade the 7-stand hot-wide-strip mill in Gent, Belgium.

Chinese Steel Shipments to Latin America Up 73% Y-o-Y in January

16 March 2015 - In January 2015, finished steel exports from China to Latin America continue to grow at an accelerated pace, according to Latin American steel association Alacero.

Metinvest Announces Power Supply to Avdiivka Coke Has Been Restored

13 March 2015 - Metinvest Group Avdiivka Coke's employees, assisted by DTEK's staff, reconnected the plant to high-voltage overhead lines Makiivka-Avdiivka Coke #1 and Makiivka-Avdiivka Coke #2.

Sandvik Implements Second Phase of Supply Chain Optimization Program

13 March 2015 - As initially communicated in 2013, Sandvik’s supply chain is to be optimized, reducing the number of production units from 150 to about 125 over three to four years.

ArcelorMittal Supplying Steel Fibers for Longest Railway Tunnel in Czech Republic

13 March 2015 - The beginning of February 2015 marked the start of construction of the longest railway tunnel in the Czech Republic between Rokycany and Pilsen. The reinforcement of the walls of the Ejpovice tunnel, which will be 4,110 meters long, will use 3,800 metric tons of steel fibers made in the Polish plant ArcelorMittal Syców.

Leading Steel Executives Debate Industry's Key Issues at AISTech 2015 Town Hall Forum

12 March 2015 - A panel of the steel industry's most influential executives will take part in a moderated discussion at the AISTech Town Hall Forum on Wednesday, 6 May at 8:30 a.m. in the Grand Ballroom at the Cleveland Convention Center, Cleveland, Ohio, USA.

GM Recognizes ArcelorMittal as Supplier of the Year

12 March 2015 - ArcelorMittal proudly accepted General Motors’ Supplier of the Year award for the second consecutive year at the automaker’s 23th annual ceremony held in Detroit on Thursday, 5 March 2015.

JFE Steel, Marubeni-Itochu Steel, Senaat to Launch Large OD Pipe JV in UAE

12 March 2015 - JFE Steel Corporation, Marubeni-Itochu Steel Inc. (MISI), and Senaat GHC, a private joint-stock general holding company owned by the government of the Emirate of Abu Dhabi, have agreed to establish a joint-venture company in Abu Dhabi, called Al Gharbia Pipe Company, to manufacture and sell large-diameter welded steel pipes, mainly for the energy industry.

MMK’s Hot-Rolled Products Mill 2000 Sets All-Time Monthly Record

12 March 2015 - Russia’s OJSC Magnitogorsk Iron and Steel Works (MMK) produced over 526,000 metric tons of metal at its hot-rolled products Mill 2000 in January 2015 — an all-time record for monthly output since the Mill opened in 1994.

EVRAZ Begins Railroad Wheel Deliveries to Turkey

12 March 2015 - EVRAZ NTMK completed production of a batch of wheels for freight railcars under the contract with the Turkish State Railways (TCDD).