Steel News

SMS Reports Low Order Intake, Expects Significant Decrease in Profits

18 December 2013 - As in 2012, the order intake by the SMS group will be below target for 2013. A net result well short of the previous year is anticipated.

Discovery Channel Films 'How Do They Do It?' at ArcelorMittal

17 December 2013 - The Discovery Channel has filmed an episode of its popular “How do they do it?” series at ArcelorMittal and Volkswagen, focusing on how a car is made from start to finish — including the manufacturing process for its advanced high strength Usibor® steel, through to a finished Golf VII.

First Delivery of Innovative EVRAZ Rails Shipped to Russian Railways

17 December 2013 - EVRAZ announced that it has now launched the mass production of head-hardened R65 DT-350 rails, with the first large delivery — 10,000 tons of 25-meter rails — shipped to Russian Railways.

Second Continuous Slab Caster from Siemens Starts Up at JSW Steel

16 December 2013 - In August 2013, a new continuous slab caster from Siemens Metals Technologies began operating at the Toranagallu steelworks of Indian steel producer Jindal South West Steel Ltd. (JSW Steel).

New Millennium Iron Announces New Member of Board of Directors

16 December 2013 - New Millennium Iron Corp. (NML) announced that Mr. Partha Sengupta, vice president of raw materials, including Global Minerals, at Tata Steel Limited, has recently resigned as a director of the corporation, due to the recent changes in organizational structure of the Tata Steel Group.

NLMK Appoints New Vice President for Sales

16 December 2013 - NLMK Group announced the appointment of Ilya Guschin as vice president for sales. Sergei Khorn, former acting vice president for sales, has been appointed his deputy.

ThyssenKrupp Steel Europe's Spanish Employees Take Up New Jobs in Germany

13 December 2013 - Almost 60 employees of the ThyssenKrupp Galmed plant in Spain are making a new start in Germany, having found new jobs at ThyssenKrupp Steel Europe after the Spanish plant was shut down.

Dongbei Special Steel Commissions Open-Die Forging Press from SMS Meer

13 December 2013 - Dongbei Special Steel has successfully commissioned an 80-/100-MN open-die forging press supplied by SMS Meer at its works in Dalian, Liaoning Province, China.

Metinvest Implements the Largest Environmental Project in the History of Independent Ukraine

13 December 2013 - The Metinvest Group signed a contract with Italy's Termokimik Corp., a leading producer of environmental equipment for industrial companies, to develop the basic engineering to upgrade the sinter plant at the Ilyich Iron & Steel Works of Mariupol (MMKI).

SteelBenchmarker: HRB Prices Stagnate

13 December 2013 - The bi-monthly SteelBenchmarker™ Western European HRB price for 9 December 2013 rose 1.7% to US$611 per tonne (on a Euro basis, it rose 0.2%) after falling last time.

SEASI Gives Update on ASEAN Steel Industry Situation in the First Half of 2013

13 December 2013 - Demand for steel in ASEAN countries picked up significantly — by 17% in the first half of 2013 compared with the first half of 2012, according to the South East Asia Iron & Steel Institute (SEASI).

MRC Global Makes Two International Acquisitions

13 December 2013 - MRC Global Inc. has acquired Stream AS in Norway and Flangefitt Stainless Ltd. in the U.K.

JFE Establishes Joint Venture in Myanmar for Steel Structure Projects

13 December 2013 - JFE Engineering Corporation of Tokyo, Japan, has established J&M Steel Solutions Company Limited, a joint venture company committed to infrastructure construction, together with Myanmar’s Ministry of Construction, and has commenced the construction of a new plant.

New Millennium Iron Announces Retirement of Director, Appointment of New Board Member

12 December 2013 - New Millennium Iron Corp. (NML) announced that Mr. Hemant Nerurkar, formerly managing director of Tata Steel Limited, Jamshedpur, India, recently resigned as a director of the corporation.

ArcelorMittal Announces Changes to Organizational Structure

12 December 2013 - ArcelorMittal announced it has reviewed its organization with the aim of simplifying it.

Metalloinvest Announces New Appointments

12 December 2013 - Andrey Ugarov has been appointed deputy CEO, chief operating officer, of Management Company Metalloinvest and Marina Novikova has been appointed deputy CEO, organisational development and human resources management.

Tata Steel's New Electrical Steels Improve Power Industry Efficiency

11 December 2013 - Tata Steel subsidiary Cogent Power has unveiled a range of sophisticated new electrical steel products which reduce electricity losses by 20–30% compared with conventional grain-oriented grades.

NLMK Improves Occupational Health and Safety Across Russian Sites

11 December 2013 - NLMK Group has launched new occupational health and safety (OHS) programs at all of its Russian sites.

ArcelorMittal and Bekaert Group Announce New Agreement in Latin America

11 December 2013 - ArcelorMittal Long Carbon Americas will extend its partnership in Latin America with the Bekaert Group, a worldwide market and technology leader in steel wire transformation and coatings.

SMS Logistiksysteme to Supply Billet Inspection Line for Steelmaker in Vietnam

11 December 2013 - SMS Logistiksysteme, Germany, received an order from Taiwanese Nan Ya Plastics Corp., a company of the Formosa Plastics Group, to supply a billet inspection line for the new fully integrated steelworks of Formosa Ha Tinh Steel Corporation domiciled in Vietnam.