Steel News

ArcelorMittal to Permanently Close Coke Plant and Six Finishing Lines in Belgium

24 January 2013 - Belgium's ArcelorMittal Liege informed the local works council of its intention to permanently close a number of additional assets due to a further weakening of the European economy and the resultant low demand for its products.

ArcelorMittal Restarts Two Blast Furnaces in Europe

23 January 2013 - ArcelorMittal announced that blast furnace B in Gijón, Spain, and blast furnace No. 2 in Dunkerque, France, restarted production mid-January. Both had been idled since summer 2012.

Metso to Supply Mining Equipment to OAO Severstal's Olkon Mine in Russia

23 January 2013 - Metso will supply OAO Severstal with a complete rotary drying system for its iron ore plant upgrade project at the Olkon mine in Olenegorsk, Russia.

Paul Wurth to Supply Blast Furnace, Coke Oven Plant and Sinter Plant to Indonesian Company

23 January 2013 - Paul Wurth has been awarded contracts to supply Indonesia's PT Gunung Raja Paksi (Gunung Steel Group) with a blast furnace, coke making plant and sinter plant as it expands its production capacity to become one of the most comprehensive integrated steel mills in the region.

The Techint Organization Announces Investments of US$600 Million in 2013

23 January 2013 - Despite the uncertainty that dominates the global economic scenario, the Techint Organization does not want to stop its growth path and will continue to make investments in order to modernize its operations, expand its production capacity and consolidate its leadership, Techint president Poalo Rocca says.

U. S. Steel Continues Talks on Slovakia Exit

22 January 2013 - U.S. Steel Corp. continues talks with the Slovak government on a possible exit from the country after the administration offered incentives to stay, Premier Robert Fico said, according to Bloomberg.

World Crude Steel Output Increased by 1.2% in 2012

22 January 2013 - World crude steel production reached a record 1,548 million tonnes for the year 2012, led by year-on-year growth in Asia and North America while production declined in the EU and South America.

Italian Judges Reject Ilva Bid to Release Seized Steel

22 January 2013 - Italian judges have rejected a request by the ILVA steel works to release steel products seized as part of an environmental investigation, Reuters reported sources close to the case as saying.

TenarisConfab Orders AGT® Expander from SMS Meer

22 January 2013 - Confab S.A. has ordered a mechanical expander with a newly developed straightener from SMS Meer for its Pindamonhangaba tube mill near São Paulo, Brazil.

SSAB Releases New Welding Guide for AHSS/UHSS Steels in the Auto Industry

22 January 2013 - In another step to address the growing demand for AHSS/UHSS steels in the automotive industry, SSAB has released a unique and highly detailed guide to welding with AHSS/UHSS steels.

Praxair India Expands Supply to JSW Steel

22 January 2013 - Praxair India Private Ltd. has signed a long-term contract with its existing customer, JSW Steel Ltd.: Praxair will expand the supply of gaseous oxygen, nitrogen and argon to JSW’s steel mill located in Tornagallu, Bellary, in the state of Karnataka.

Asean Iron and Steel Associations Seek Review of FTA with China

21 January 2013 - In an unprecedented move, six regional iron and steel associations have joined forces seeking for a review in the Asean-China Free Trade Agreement (FTA) following the dramatic influx of steel products from China into Asean especially over the past three years, said Asean Iron and Steel Council (AISC) president Chow Chong Long, the Malaysian newspaper The Star reports.

Emergency Meeting Ends Strike at Italy's Troubled Ilva Plant

21 January 2013 - Italian metal workers called off a strike at Europe's biggest steel plant on Saturday, 19 January 2013 after an emergency meeting between government, unions and company management to save the ILVA factory from closure, Reuters reports.

Lakshmi Mittal Awarded Honorary Doctorate from Krakow University

21 January 2013 - Lakshmi N. Mittal, chairman and CEO of the ArcelorMittal group was awarded with an honorary doctorate from the Academic Senate of the AGH University of Science and Technology in Krakow, Poland.

Praxair Starts Up New Air Separation Plant in India

18 January 2013 - Praxair India Private Limited announced the start-up of its third production facility to supply Usha Martin Limited, India's leading wire and wire rope manufacturer.

Brazil Probe Seeks to Shut Down ThyssenKrupp CSA Blast Furnace

18 January 2013 - Brazilian prosecutors are seeking to shut down one of two blast furnaces at ThyssenKrupp AG's CSA unit over alleged irregularities, presenting a new challenge for the German steelmaker as it tries to sell the money-losing mill, Reuters reports.

Italy's Riva Steel Billionaires May Close Largest Factory

18 January 2013 - One of Europe’s richest families is facing potential ruin after being accused of pumping cancer- inducing toxins into the air and having almost US$2 billion in assets seized by an Italian judge, Bloomberg reports.

NLMK Announces Change in its Management Team

18 January 2013 - NLMK announced that Galina Aglyamova stepped down as NLMK Group vice president of finance starting from 28 December 2012, to take on a new career challenge; she will be succeeded in this position by Grigory Fedorishin, formerly director of strategy and business development of the company.

Tubinoxia Becomes Majority Stakeholder in Tubular Joint Venture with Outokumpu

18 January 2013 - Outokumpu’s partner in the OSTP tubular joint venture, Tubinoxia S.r.l. has exercised its call option and acquired additional 15% of the joint venture’s shares from Outokumpu.

Hyundai Steel Orders New Vacuum Degassing Installation from MTAG Technology AG

17 January 2013 - MTAG Technology, headquartered in Emmenbrücke, Switzerland, has been contracted by Hyundai Steel to design and supply a 70-ton turnkey vacuum degassing system for its Incheon Works in South Korea.