Steel News

Alacero Names New Officers as 53rd Latin American Steel Congress Comes to an End

30 October 2012 - On 30 October 2012, the Latin American Steel Congress, Alacero-53, came to an end after three days of intense work that gathered more than 800 representatives of the steel value chain in Santiago, Chile. New officers were named for the 2013 period.

Brazil Steel Use to Grow in 2013 on World Cup, ArcelorMittal Says

30 October 2012 - Brazil’s steel demand will grow at least 5% next year as the government prepares Rio de Janeiro for the 2014 soccer World Cup and the 2016 Olympic Games, ArcelorMittal says, according to Bloomberg Businessweek.

Italy Grants Ilva Steel Mill License With Strict Terms

26 October 2012 - Italy’s environment ministry on Friday gave steelmaker ILVA authorization to keep running its factory in southern Italy as long as it complies with strict conditions to reduce emissions and clean up the plant, Reuters reports.

Oleg Bagrin Elected President of NLMK

26 October 2012 - NLMK announced that its shareholders officially elected Oleg Bagrin as NLMK President (Chairman of the Management Board).

Worldsteel Hosts Advancing Life Cycle Assessment Seminar in Latin America

25 October 2012 - More than 90 representatives from across Latin America came together to look at how Life Cycle Assessment (LCA) could be rolled out through the steel industry in the region. LCA provides a method of assessing the environmental impacts of a product or material across the whole supply chain, from raw material extraction to end of life recycling or disposal.

Steelmaker in Taiwan Orders Bar-in-Coil Line from Siemens

24 October 2012 - Siemens Metals Technologies has received an order from Taiwan’s Wei Chih Steel Industry Co. Ltd. to supply a new rolling line for bar-in-coil which is scheduled to go on stream at the end of 2013.

Outokumpu Reports Unsatisfactory Profitability in a Challenging Environment

24 October 2012 - Finnish stainless steelmaker Outokumpu reported continued positive cash flow but unsatisfactory profitability as it reported its third quarter earnings results. It also provided a short term outlook.

SSAB Reports Operating Loss for Third Quarter 2012

24 October 2012 - Sweden-based steelmaker SSAB says that, despite a tough market, it is continuing to pursue an increasing number of development projects, as it reported its third quarter earnings results.

JFE Steel and Kanematsu Acquire Premium Threading Business in U.S. for US$91.5 Million

23 October 2012 - JFE Steel Corporation announced it is decided to acquire the premium threading business and related assets of U.S.-based Benoit Machine LLC through a holding company, Benoit Holding Company, which has been jointly established by JFE Steel and Kanematsu USA Inc., a wholly owned subsidiary of Kanematsu Corporation in Japan.

ArcelorMittal Engineer Recognized with Top Award from Chinese Government

23 October 2012 - ArcelorMittal’s Marc Burty, a process development engineer, has won a prestigious award from the Chinese government for his work with Lianyuan Steel (LYS), a subsidiary of Hunan Valin Steel in which ArcelorMittal owns a stake.

ArcelorMittal Invests €6m in Belval

23 October 2012 - ArcelorMittal Belval & Differdange has approved a revamp of the core components of the Belval electric arc furnace (EAF) in Luxembourg.

Siemens Receives Final Acceptance Certificate for EAF at Outokumpu in Finland

23 October 2012 - Outokumpu Oy, a Finnish steelmaker, issued Siemens VAI Metals Technologies in April with the final acceptance certificate for electric arc furnace no. 1 in the Tornio Stainless Steel Works.

OAO Vorkutaugol Commissions New Coal Face at the Komsomolskaya Mine

23 October 2012 - Severstal announced a new coal face, with estimated resources of more than 1.16 million tons of coking coal, has been commissioned at OAO Vorkutaugol’s Komsomolskaya mine in Russia.

Outokumpu Featured in Carbon Disclosure Leadership Index for Third Consecutive Year

23 October 2012 - Outokumpu’s approach to climate change disclosure is again recognized by the Carbon Disclosure Project (CDP) and Outokumpu is included in the Carbon Disclosure Leadership Index for the third consecutive year.

September World Crude Steel Production Was Flat Year-on-Year

22 October 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 124 million tonnes in September 2012, recording no change compared to September 2011.

worldsteel Announces 7th Steeluniversity.com Challenge Launch Dates

22 October 2012 - The World Steel Association announced the 7th steeluniversity.org Challenge will begin with the Round 1 Regional Championship in November 2012 and will finish with the Round 2 World Championship in February 2013.

Ruukki Obtains CE Marking Rights

22 October 2012 - Ruukki has obtained CE marking rights for welded steel structures in building construction projects. For customers, CE marking means the technical dependability and safety of frame structures.

Tenaris Opens Commercial Office in Northeastern Brazil

22 October 2012 - Tenaris has established a new commercial structure in Natal, state of Rio Grande do Norte, Brazil, which will allow the company to be closer to its final users in Brazil’s north and northeastern regions.

ArcelorMittal Poland Starts Up Investment at its Kraków Unit

19 October 2012 - ArcelorMittal Poland continues its investment program with the commencement of a coke gas cleaning installation in the Kraków coke plant.

China Loses WTO Appeal in U.S. Specialty Steel Case

18 October 2012 - China comprehensively lost an appeal on Thursday against a World Trade Organization ruling in a dispute over U.S. exports of a specialty steel product that is primarily made in the presidential battleground states of Ohio and Pennsylvania.