Steel News

Voestalpine Focuses on Internationalization in its Special Steel Segment

18 March 2013 - Vvoestalpine's global Special Steel segment continues to expand and has acquired a majority stake in the Düsseldorf-based Eifeler Group.

TMK Launches Production of Super-Chrome Steel VIT

18 March 2013 - TMK has shipped the first pilot batch of vacuum insulated tubing (VIT) made of 13CrS steel (super-chrome steel) for Gazprom’s Bovanenkovo oil and gas condensate field on the Yamal peninsula in Russia.

Severstal Targets US$81 Million in Investments in Environmental Projects at Cherepovets Mill in 2013

18 March 2013 - The Cherepovets steel mill, part of the Russian Steel division of OAO Severstal, will invest up to 2.5 billion rubles (US$81 million) in its environmental improvement program in 2013.

Tenova Core and AustralTek Sign Strategic Agreement

14 March 2013 - Tenova Core and AustralTek announced the signing of a long-term technology cooperation agreement to better serve the North and South American metals industry.

Mechel Announces Management Changes

13 March 2013 - Mechel OAO, one of the leading Russian mining and metals companies, announced a new executive appointment. Andrey Kocherov, 39, has been appointed Mechel OAO's vice president for public and investor relations.

ANDRITZ to Supply Laser Welding Systems for Chinese Auto and Steel Producers

13 March 2013 - ANDRITZ Soutec has booked two important orders from China: BAIC Motor in Peking and PCMI Metal Product in Chongqing have each ordered a laser welding system for tailored blanks (sheet-metal parts for car bodies).

Tata Steel Invests in Workforce of Tomorrow

13 March 2013 - Tata Steel has launched a search to find 122 bright, talented and passionate people to join its apprenticeship schemes across Britain.

Reuters: POSCO Cuts Back on Iran Steel Business

12 March 2013 - South Korean steelmaker POSCO, minority-owned by Warren Buffett's Berkshire Hathaway, has cut ties with government entities and sensitive industries in Iran such as energy and continues to trade with private firms, Reuters reports a letter as saying.

BlueScope Steel Appoints New Non-Executive Director

12 March 2013 - BlueScope Steel chairman Mr. Graham Kraehe announced the appointment of Mr. Ewen Crouch AM as a non-executive director, effective immediately.

Bloated China Steel Sector Facing Closures, Big Miners to Suffer

12 March 2013 - China's bloated steel sector is facing a wave of closures in the next few years, with slowing demand and decades of "blind" expansion finally about to catch up with the industry, a senior executive and parliamentary delegate said, according to a Reuters report.

MRC Global and NAWAH to Open Distribution Facility to Support Iraq's Energy Sector

12 March 2013 - Pipe, valves and fittings distributor MRC Global Inc. and NAWAH LLC, a company aimed at building enduring businesses in Western Asia, announced an exclusive logistics alliance to serve Iraq's booming oil and gas market.

ArcelorMittal Jumbo Beams Set to Make Record-Breaking Journey to Germany

11 March 2013 - Tonight, 14 jumbo steel beams made by ArcelorMittal in Luxembourg will begin a unique journey to Dresden that could result in a Guinness World Record for steel.

General Steel Constructs Additional Advanced-Rebar-Rolling Production Line

11 March 2013 - General Steel Holdings' Longmen Joint Venture has begun construction of an additional continuous advanced-rebar-rolling production line in China.

Sandvik Breaks Ground on New R&D Center in Zhenjiang, China

11 March 2013 - Sandvik is investing in a new high-tech research & development center adjacent to its manufacturing facilities in Zhenjiang — an important milestone in the company’s continuing development in China.

SMS Concast to Supply New Combi-Caster to BMM Ispat

08 March 2013 - BMM Ispat from Hospet, Karnataka Province, India, has ordered a combined-caster from SMS Concast of Switzerland.

ArcelorMittal Steel Being Used in Underground Pipe Project in Argentina

08 March 2013 - ArcelorMittal's steel is being used in a major new underground pipes project that is helping to prevent flooding in Buenos Aires, Argentina.

South Africa's Cape Gate Orders HiSECTION System from Danieli Automation

07 March 2013 - Cape Gate Ltd. awarded Danieli Automation with the order for one state-of-the-art HiSECTION® system for its existing bar rolling mill in Vanderbijlpark, Gauten, South Africa.

Linde Profit Misses Estimates as European Steel Demand Slows

07 March 2013 - Linde AG, tied with Air Liquide SA as the world’s biggest industrial gas company by sales, reported fourth-quarter profit that missed analyst estimates as slowing demand in Europe stunted growth, Bloomberg reports.

Mechel Announces Management Changes at Mechel Bluestone

07 March 2013 - In March 2013, Stephen Douglas Williams was appointed Mechel Bluestone's chief executive officer, replacing Tom Lusk.

OMK Opens New U.S. Pipe Plant

07 March 2013 - On 26 February 2013, Russia's United Metallurgical Co. (OMK) held a grand opening ceremony for its new 200,000 tonnes per year, US$98 million OMK Tube plant in Houston, Texas.