Steel News

ThyssenKrupp Steel Europe Announces Personnel Changes

10 September 2012 - The Supervisory Board of ThyssenKrupp Steel Europe AG has appointed two new members to its Executive Board, replacing two members who are stepping down.

ArcelorMittal Poland Announces Four New Investment Projects

10 September 2012 - ArcelorMittal Poland has invested €58m in four projects, including a major new production line for Dąbrowa Górnicza.

SKF Celebrates 100 Years in China and Announces Significant New Investments

10 September 2012 - SKF on 10 September 2012 began a week-long celebration of its 100-year anniversary in China holding a number of events. SKF sales in China started in 1912 and today SKF has 18 factories and over 7,000 employees in China.

POSCO Hosts 2nd Annual Steel Design Festa Contest

07 September 2012 - To widen understanding and interest in steel and find new ideas utilizing steel materials, POSCO hosted the 2nd Annual POSCO Steel Design Festa contest with an award ceremony held at the POSCO Center on 28 August.

ArcelorMittal Liberia Signs Collective Bargaining Agreement with Workers’ Union

07 September 2012 - On 31 August 2012, ArcelorMittal Liberia and the United Workers’ Union of Liberia (UWUL-Local #4, ArcelorMittal Workers) signed the company’s first Collective Bargaining Agreement (CBA), aimed at establishing a formal structure for regulating all aspects of the company and its employees’ relationship.

Sesa Goa Ordered to Stop Met Coke Plant

07 September 2012 - Sesa Goa Ltd. was ordered by the Goa State Pollution Control Board (GSPCB) to stop activity at its metallurgical coke plant due to two incidents of soot emissions owing to the misfiring by two high-capacity burners during the commissioning of a second bettery on 17 & 18 August.

POSCO Selected as One of "Best Places to Work" for 3rd Consecutive Year

07 September 2012 - POSCO ranked 2nd in the manufacturing sector and 1st in the steel industry sector in the "30 Best Places to Work in Korea" rankings selected by KMAC.

Court Blocks Deliveries to Italian Steel Plant

06 September 2012 - An Italian court has blocked raw material deliveries to Europe’s biggest steel plant, an investigative source said on Thursday 6 September, according to Reuters, escalating a spat between the government and judges over the future of one of southern Italy’s largest industrial employers.

Praxair to Invest US$66 Million in Two New Plants in Argentina

06 September 2012 - Industrial-gas supplier Praxair Inc. plans to invest 305 million Argentine pesos ($66 million) in Argentina to build two new plants to produce oxygen, nitrogen and argon.

New Volkswagen Golf Lightens Up with High- and Ultra High-Strength Steel

06 September 2012 - WorldAutoSteel, the automotive group of the World Steel Association, is saluting the news that Volkswagen’s new Golf uses an increased amount of advanced steel grades to aid in its safety-conscious lightweighting efforts.

China Issues New Regulations for Steel Industry

06 September 2012 - On 3 September, China’s Ministry of Industry and Information Technology (MIIT) announced a series of new regulations to fine-tune the domestic iron and steel industry to make it more energy efficient and environmentally friendly.

WISCO Develops Corrosion-Resistant Steel Plate for Oil Tankers

06 September 2012 - Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) announced it has successfully produced corrosion-resistant steel plate for application in oil storage tanks aboard oil tankers.

Construction Industry Remains Major Steel Consuming Sector in ASEAN

06 September 2012 - The construction industry is the largest steel consuming sector in ASEAN, contributing to about 63% of total steel consumption in the region, the Southeast Asia Iron and Steel Institute reports.

Tianjin Materials Orders 60,000 Tonnes of HBI from Canada

05 September 2012 - Northern Iron Corp. announced receipt of an order from Tianjin Materials & Equipment Group Corporation of China for 60,000 tonnes of hot briquetted iron (HBI) to be delivered in 2016.

SSAB Announces 2012 Swedish Steel Prize Finalists

05 September 2012 - The winner of the 2012 Swedish Steel Prize will be announced on 15 November; four finalists have been chosen for their innovations for the packaging and transportation of metallic scrap, light and sustainable train seats, a truck suspension system, and a timber transportation vehicle called forwarder.

TMK Announces Financial Results and Outlook

04 September 2012 - OAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announced its financial results for the six months ending 30 June 2012 and outlook for the remainder of the year.

Severstal Reports Financial Results and Outlook

04 September 2012 - OAO Severstal announced its second quarter and first half 2012 financial results, as well as its outlook for the remainder of the year.

Ruukki Announces Winners of Noise Barrier Idea Contest

04 September 2012 - Winners have been selected in Finland-based Ruukki's noise barrier idea contest in which architects, designers, construction professionals and students designed steel noise barriers that were suitable for conditions in the Nordic countries and Baltic states.

Outokumpu Oyj Completes Divestiture of Part of European Stock Operations

04 September 2012 - Outokumpu has completed the transaction to divest part of its European stock operations to Amari, as announced on 4 July 2012.

Kalyani-Gerdau Chooses Quad Infotech to Provide a Complete MES System for Indian Steel Plant

04 September 2012 - Quad Infotech has been awarded an order by Kalyani-Gerdau Steel to provide a comprehensive manufacturing execution system in its steel plant in Tadipatri near Bangalore, India.