Steel News

SMS Siemag Successfully Modernizes Coiler at Tata Steel IJuiden

19 February 2013 - Tata Steel this month granted SMS Siemag the final acceptance for the modernization of coiler No. 3 in its IJmuiden, Netherlands, hot strip plant.

Mechel Divests Romanian Steel Assets

19 February 2013 - Mechel OAO, a leading Russian mining and metals company, reports that it has disposed of its Romanian steel assets.

Oschatz to Modernize Second Cooling Stack at ThyssenKrupp Steel Europe

19 February 2013 - Plant constructor Oschatz announced a new order from ThyssenKrupp Steel Europe: the German plant constructor will modernize the second converter cooling stack at the steel works in Duisburg-Bruckhausen.

JFE, KSP Steel and Marubeni-Itochu Agree to Strengthen Partnership

19 February 2013 - JFE Steel Corporation, KSP Steel LLP and Marubeni-Itochu Steel Inc. (MISI) announced the signing of a memorandum of understanding to discuss how to strengthen their partnership in the steel industry of Kazakhstan and neighboring countries.

Tata Steel Granted Core Supplier Status by French Car Maker

19 February 2013 - Tata Steel has joined the select group of companies supplying material to PSA Peugeot Citroën to be awarded with Core Supplier status by the French car manufacturer.

EUROFER Disappointed by ENVI Decision on Backloading

19 February 2013 - EUROFER is disappointed by the European Parliament’s ENVI Committee’s vote to pave the way for withholding CO2 emissions allowances from the European carbon market.

Owner of Knauf Interfer Acquires 7.82% Stake in Klöckner & Co.

19 February 2013 - Klöckner & Co was notified that Interfer Holding GmbH, a portfolio company of the Dr. Albrecht Knauf family, acquired 7.8 million ordinary shares in Klöckner & Co SE. That represents 7.82% of the total share capital.

Tata Steel Europe Working to Prove Green Auto Technologies of the Future

19 February 2013 - A project was recently launched at Tata Steel Europe's Brinsworth site in Rotherham to help develop groundbreaking green technologies which will power the cars of the future.

Harsco Signs Multi-Year Contract with Jindal Stainless

18 February 2013 - Harsco Corp. has signed a US$100 million multi-year contract with Indian steel producer Jindal Stainless Ltd.

Severstal Vorkutinskaya Mine Resumes Production

18 February 2013 - On the morning of 15 February 2013, production restarted at Severstal’s Vorkutinskaya mine, except for one affected area that will remain suspended for 90 days.

BlueScope Steel Provides Earnings Result and Outlook

18 February 2013 - BlueScope announced a A$12 million net loss after tax for the first half FY2013 — a $518 million turnaround in financial performance compared to the first half in FY2012.

Agellis Receives Order from SMS Concast for Steel Mill in U.S.

15 February 2013 - The AGELLIS Group, which develops and sells products and solutions to the global metals industry, has received an order totaling €110,000 for measurement systems from SMS Concast.

BlueScope Steel Announces Retirement of Non-Executive Director

15 February 2013 - BlueScope Steel Limited announced that non-executive director, Ms. Diane Grady, has retired from the Board.

PSI China Wins Important Steel Contract from Chinese Steelmaker

15 February 2013 - PSI China received an order for the implementation of the production management system PSImetals at JISCO TianFeng Stainless Company.

Outokumpu Reports Negative Operating Results in Weak Market Environment

15 February 2013 - Outokumpu reported weak operational results for 2012 and says the 2013 starting point for the new Outokumpu is more challenging than anticipated due to continued weakness in the markets for stainless steel in Europe and globally.

TMK Announces New Appointments

15 February 2013 - TMK announced the appointment of Alexander Lyalkov, senior vice-president of TMK, as managing director of the Volzhsky Pipe Plant. Elena Blagova, managing director of Volzhsky Pipe Plant since 2007, shall join TMK Management Company to take responsibility for new projects.

Ovako Provides 2012 Year-End Report

14 February 2013 - European engineering steelmaker Ovako said business conditions deteriorated progressively throughout 2012 as a consequence of the macroeconomic turbulence, resulting in order intake and invoicing levels significantly lower in the second half of the year than in the first.