Steel News

Outotec Initiates Efficiency Improving Measures in Uncertain Market Environment

21 October 2013 - Outotec has introduced a program to improve its cost structure and operational efficiency to secure future profitability in an uncertain market environment.

Ruukki's New Z600 Metal Coating Provides Enhanced Corrosion Resistance

21 October 2013 - Ruukki is to launch a new Z600 metal coating for applications requiring excellent corrosion resistance.

Metalloinvest Announces Changes to Senior Management Team

21 October 2013 - Management Company METALLOINVEST announced the appointment of its new Board of Directors, which comprises the following members:

Sutor Technology Group Receives High Tech Enterprise Status and Preferred Tax Rate

21 October 2013 - Sutor Technology Group Limited, a China-based non-state owned manufacturer and distributor of high-end fine finished steel products and welded steel pipes used by a variety of downstream applications, announced the Jiangsu provincial government has renewed the High Tech Enterprise status of the company's wholly-owned subsidiary, Changshu Huaye Steel Strip Co., Ltd..

Alacero Announces Finalists of 6th Steel Design Contest for Students

18 October 2013 - The nine participating countries of the 6th Steel Design Contest for Students of Architecture 2013 have already selected their local winners.

China Precision Steel Announces Fiscal 2013 Year End Results

18 October 2013 - China Precision Steel, Inc., a niche precision steel processing company principally engaged in producing and selling high precision, cold rolled steel products, announced its financial results for the fiscal year 2013 ended 30 June 2013.

ArcelorMittal Aktau Scoops Industry Award at the KazEnergy Forum

18 October 2013 - ArcelorMittal’s Aktau tubular plant has won the “Kazakh Content Project of the Year” award during the recent KazEnergy Forum, becoming the first non-oil and gas company to be recognized at the annual event.

Kobe Steel and Angang Steel Sign Agreement for Automotive Sheet Joint Venture in China

17 October 2013 - Kobe Steel and China’s Angang Steel Co., a subsidiary of Anshan Iron & Steel Group, signed a joint venture agreement in Anshan, Liaoning Province, to establish a joint venture in China to produce and sell advanced cold rolled high-strength steel sheet for automobiles.

worldsteel Announces 8th Steeluniversity.org Challenge Launch Date

17 October 2013 - The World Steel Association (worldsteel) announced the 8th Virtual Steelmaking Challenge will begin with the Round 1 Regional Championship on 12 November 2013 and will finish with the Round 2 World Championship in February 2014.

SteelBenchmarker: U.S. HRB Prices Rise While Prices Fall Elsewhere

16 October 2013 - The bi-monthly SteelBenchmarker™ United States HRB spot price for 14 October 2013 rose 0.8% to US$723 per metric ton after falling two consecutive times.

Nippon Steel & Sumitomo Metal and China Steel Begin Commercial Ops at Vietnam Joint Venture

15 October 2013 - Nippon Steel & Sumitomo Metal Corp. and China Steel Corp.'s joint venture, China Steel Sumikin Vietnam Joint Stock Company, plans to begin commercial operations in November of this year.

ArcelorMittal Opens New Tailored Blanks Facility in Slovakia

15 October 2013 - ArcelorMittal Tailored Blanks has opened a new production facility in Senica, Slovakia, capable of producing 4 million laser-welded blanks (LWBs) a year, to meet growing demand for steel for the automotive industry.

SMS Concast Revamps Casting Machine for Taiwanese Steelmaker

15 October 2013 - Feng Hsin Iron & Steel has successfully commissioned the upgraded casting machine at its plant in Taichung City, Taiwan.

Oschatz Providing Three Converter Cooling Stacks for Chinese Steel Works

14 October 2013 - Germany-based plant constructor Oschatz was awarded a new contract from Baosteel Group Corp.

SMS Concast Provides Molds for Siderperú's New Continuous Caster

14 October 2013 - Empresa Siderúrgica Del Perú (Siderperú), a company of the Gerdau Group, has revamped its continuous casting machine in Chimbote, Peru, thereby significantly improving its production process.

Indian Producer Orders Newly Designed Rebar Rolling Mill from Siemens

14 October 2013 - The Indian steel producer Kalika Steel Alloys Pvt. Ltd. (Kalika Steel) has placed an order with Siemens Metals Technologies to supply a rolling mill for reinforcing steels.

BlueScope Steel Acquires OneSteel Sheet & Coil Distribution Assets

14 October 2013 - BlueScope announced it has agreed to acquire from Arrium Limited its OneSteel sheet and coil processing and distribution businesses in Sydney, Brisbane, Adelaide and Perth, Australia.

Sims Metal Management Appoints Galdino Claro as New Chief Executive

11 October 2013 - The chairman of Sims Metal Management Limited, Mr. Geoff Brunsdon, announced the appointment of Mr. Galdino Claro as chief executive officer and managing director of the company, commencing 4 November 2013.

Siemens Metals Technologies Names New CEO

11 October 2013 - Effective 1 November 2013, Albrecht Neumann will assume the position of CEO of the Siemens Metals Technologies Business Unit.

Inspiring a Generation: Worldsteel Launches Short Films Showcasing Careers in Steel Industry

11 October 2013 - The World Steel Association (worldsteel) has launched a series of films lifting the lid on the global industry.