Steel News

China Gerui Advanced Materials Announces Increase in International Customers

26 April 2013 - China Gerui Advanced Materials Group says it has made steady progress in marketing internationally, with three customers placing regular commercial orders for its high-end and narrow-strip steel and three additional customers currently engaged in trials with the company's specialized products.

Ruukki to Grow Its Special Steels Business and Reorganize Its Construction Business

25 April 2013 - Rautaruukki is accelerating its change into a company specializing in steel construction and special steels and is also reorganizing its structure.

Sutor Wins Two Bids for Water Transmission Pipeline Projects

25 April 2013 - Sutor Technology Group's subsidiary Ningbo Zhehua Heavy Steel Pipe Manufacturing Co. has won two contracts to supply approximately 4,700 tonnes of spiral seam steel pipes for two water transmission pipeline projects in Fujian Province.

ArcelorMittal Hosts 7th Global Health and Safety Day

25 April 2013 - ArcelorMittal, the world's largest steel and mining company, hosted on 25 April 2013 its seventh annual Health and Safety Day at its sites globally.

Outokumpu Proceeds with Efficiency Measures Which Will Results in Job Reductions

25 April 2013 - As part of its intention to significantly reduce its operating expenses and return the company to profitability, Outokumpu has announced plans that are expected to result in job reductions.

Outotec, Severstal Join Initiative to Establish Industrial Waters Center in Russia

25 April 2013 - Outotec is collaborating with OAO Severstal, Kemira and Lahti Region Development LADEC Ltd in establishing the Industrial Waters Excellency Center (IWEC) with its main training venue at Severstal's mill in Cherepovets to address issues related to industrial water consumption in Russia.

SteelBenchmarker: Global HRB Prices Continue Downward

24 April 2013 - The bi-monthly SteelBenchmarker™ World export HRB price fell 2.2% to $573 per tonne, FOB the port of export, for the fourth consecutive time.

Konecranes Appoints Senior Vice President, Human Resources

24 April 2013 - Timo Leskinen has been appointed senior vice president, human resources of Konecranes Plc and will be responsible for all human resources (competence development and administration) and corporate responsibility (health, safety and environment) matters.

ArcelorMittal Inaugurates New Middle East Hub

24 April 2013 - An inauguration ceremony for ArcelorMittal Distribution Solutions’ Middle East headquarters in Dubai’s Jebel Ali Free Zone was held on 22 April 2013.

Sandvik High-Temperature Tube Grade Sanicro™ 25 Achieves ASME Boiler & Pressure Vessel Code Approval

24 April 2013 - Developed for advanced ultra-supercritical steam boiler applications in highly efficient next generation power plants, Sanicro™ 25 (UNS S31035) tube grade from Sandvik has now achieved ASME Boiler and Pressure Vessel Code (BPVC) approval.

Engineering Students Take on New Challenge in International Cold-Formed Steel Design Competition

24 April 2013 - The third International Student Competition on Cold-Formed Steel Design competition is open to all full-time students at either the undergraduate or graduate levels who are interested in cold-formed steel design, creative in problem solving, and eager to learn new technologies.

ThyssenKrupp Electrical Steel Plans to Sell Grain-Oriented Electrical Steel Business

23 April 2013 - ThyssenKrupp Electrical Steel announced it will integrate its non-oriented electrical steel product area into ThyssenKrupp Steel Europe effective 30 April 2013 and plans to sell off its grain-oriented electrical steel business.

ThyssenKrupp Steel Europe Awarded German Training & Development Prize 2013

23 April 2013 - ThyssenKrupp Steel Europe AG has been awarded the German Training & Development Prize 2013 for excellence and best practice in connecting talent management, knowledge management and demographic change management in an integrated people management system.

SMS Meer Appoints New Deputy Board Member and Manager of Tube Plants Division

23 April 2013 - Effective 1 April 2013, Norbert Theelen has been appointed deputy member of the managing-board of SMS Meer. At the same time, he assumes the management of the Tube Plants Division.

Bloomberg: Serbia Restarts Loss-Making Steel Plant After Nine Months

22 April 2013 - Zelezara Smederevo, Serbia’s sole steel mill, fired up one of its two furnaces today, restarting production after more than nine months as the government looks for an investor in the unprofitable plant, Bloomberg reports.

March World Crude Steel Production Down 1% Y-o-Y

22 April 2013 - World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 135 million tonnes in March 2013, an increase of 1.0% compared to March 2012.

ATILIM University Orders Extrusion Press from SMS Meer

22 April 2013 - The ATILIM University in Ankara, Turkey, has ordered a direct-indirect extrusion press with 10-MN press force from SMS Meer to be used for fundamental research and test series by industrial companies in the university’s “Metal Forming Center of Excellence."

Tenova Expands Further in Heat Treatment Furnaces

22 April 2013 - Loi Thermprocess, a subsidiary of Tenova, has acquired Metall Technologie Holding (mth), a worldwide manufacturer group of industrial furnaces consisting of the companies Schmetz, BMI, Mahler, IVA, RIVA and Huisen-MTH.

Abengoa to Sell Steel Dust Recycling Subisidary for €1.075 Billion

19 April 2013 - Abengoa, a company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has entered into an exclusivity agreement for the sale of 100% of its subsidiary Befesa to funds advised by Triton Partners. The deal is subject to finalizing documentation, approval by competition authorities and financial institutions.

Timken Awards Scholarships Worth Nearly $800,000 to Students at 24 Locations Worldwide

19 April 2013 - The Timken Company has awarded scholarships to 38 children of Timken employees at 24 locations in six countries around the world.