Steel News

Corsa Announces Hyundai Steel Contract

03 April 2013 - Corsa Coal Corp. announced that it has entered into a long term sales arrangement with Hyundai Steel Co. to provide its Wilson Creek low volatile coal to Hyundai Steel. 

Power Plant Workers from ArcelorMittal Ostrava Working Without Accidents for Five Years

03 April 2013 - Employees of ArcelorMittal Energy Ostrava, a subsidiary of ArcelorMittal Ostrava in the Czech Republic, have worked more than three and a half million hours without injuries.

Danieli Corus to Rebuild AMK Blast Furnace No. 1

02 April 2013 - Danieli Corus has received the order for the rebuild of blast furnace No. 1 operated by Alchevsky Metallurgichesky Kombinat (AMK) of Alchevsk, Ukraine.

EVRAZ Announces Acquisition of Stake in Timir Iron Ore Project

02 April 2013 - EVRAZ plc has signed an agreement to acquire a stake in OJSC “Timir” for a total consideration of RUB4,950 million (approximately US$160 million) to be paid in several installments.

ArcelorMittal Only Mill in Czech Republic Producing Tubes with Polypropylene Coating

02 April 2013 - ArcelorMittal Tubular Products Ostrava, a subsidiary of ArcelorMittal Ostrava, has successfully launched the manufacture of tubes with a new type of coating for the transportation of drinking water and oil and gas.

Sutor Group Wins Contract to Supply Spiral Seam Pipes for Water Transmission Project

01 April 2013 - Sutor Technology Group, a China-based manufacturer and distributor of high-end finished steel products and welded steel pipes, announced its subsidiary Ningbo Zhehua Heavy Steel Pipe Manufacturing Co., Ltd. won a US$8.6 million contract to supply 11,440 meters of spiral seam steel pipes for a water transmission pipeline project in Zhuji City, Zhejiang Province, China.

Dango & Dienenthal Brings Filter Systems to Fight Zebra Mussels to U.S. Market

29 March 2013 - Recently, Dango & Dienenthal's high performance filters including the MUSSEL STOP system were introduced to the U.S. market and are now available from the company's production site in Ohio. This will allow U.S. companies to take advantage of the experience gained by the European steel industry and apply it to the zebra mussel issues in the U.S.

Outotec Publishes Its 2012 Sustainability Report

29 March 2013 - Outotec has published its sustainability report 2012, which describes the company’s approach to sustainability, performance and achievements during the year as well as future targets.

LDV Laser- und Lichtsysteme GmbH Develops Laser-Based Inspection System for Work Rolls

29 March 2013 - LDV Laser- und Lichtsysteme GmbH has developed a visual laser-based inspection system for work rolls, which makes smallest irregularities of the roll surface visible.

Sandvik Secures Major Materials Handling Orders

29 March 2013 - Sandvik Mining has secured major materials handling contracts in South America and Australia.

Commercial Metals Co. Reports Second Quarter Earnings, Provides Outlook

28 March 2013 - As it announced its financial results for its second quarter ended 28 February 2013, Commercial Metals Company said the 54.9 reading in the Architecture Billings Index (ABI) in February — the highest reading in over five and half years — will eventually translate into increased domand for its domestic operations, whil continued weakness in most global markets will negatively burden its international segments.

New BlueScope and Nippon Sumitomo Metal Joint Venture Starts Up

28 March 2013 - BlueScope and Nippon Steel & Sumitomo Metal Corp. announced the official start-up of their US$1.36 billion coated products joint venture.

ArcelorMittal Vega Completes Investment on its Galvanizing Line

28 March 2013 - ArcelorMittal Vega in Brazil has completed a US$10 million investment to install a new post-treatment technology on its galvanizing line #1.

EVRAZ Announces Intention to Sell Its South African Steel Mill

27 March 2013 - EVRAZ plc announced the signing of a non-binding term sheet in respect of the proposed sale of its 85% stake in EVRAZ Highveld Steel and Vanadium Limited to Nemascore (Pty) Ltd, black economic empowerment consortium, for an indicative cash consideration of approximately US$320 million.

Qatar and Algeria in Joint Venture to Build Steel Complex in Algeria

27 March 2013 - Industries Qatar confirmed that the governments of Qatar and Algeria entered into a joint venture for the construction of an integrated steel complex in Algeria on 24 March 2013.

SteelBenchmarker Reports Slipping Hot Rolled Band Prices

27 March 2013 - In its 25 March 2013 report, the SteelBenchmarker noted falling hot rolled band prices in all regions tracked.

NLMK Passes Audit to Participate in Nord Stream

27 March 2013 - NLMK has successfully passed an audit conducted by Det Norske Veritas, a Norwegian certification agency, to become a potential supplier of slabs for large-diameter pipe manufacturing for the Nord Stream Extension Project.

ArcelorMittal Installs New Ladle Furnace in Hamburg Steelworks

27 March 2013 - ArcelorMittal inaugurated a new €3.5 million ladle furnace in its Hamburg, Germany, steelworks.

EVRAZ Achieves Preliminary Qualifications to be a Wheel Supplier for Deutsche Bahn

26 March 2013 - EVRAZ successfully completed the preliminary qualifications required to become a supplier of railway wheels for Deutsche Bahn. EVRAZ NTMK has been qualified as class 2 wheel manufacturer, which includes the most complex freight traffic class V wheels.

Reuters: U. S. Steel to Keep Slovak Plant for At Least 5 Years

26 March 2013 - U. S. Steel has agreed to stay on for at least five years as the owner of its mill in Slovakia, where it is the country's largest private employer, Slovak Prime Minister Robert Fico said on Tuesday, Reuters reports.