Steel News

Nippon Steel and Sumitomo Metals Name CEO and COO of Integrated Company

07 March 2012 - At the recent meetings of the boards of directors of Nippon Steel Corp. and Sumitomo Metal Industries, Ltd., the nomination of the Chairman and the President of Nippon Steel & Sumitomo Metal Corp.—the integrated company that is planned to be formed on October 1, 2012—was decided.

JSW Reports 13% Increase in Crude Steel Production for February

07 March 2012 - JSW Steel Limited reported monthly Crude Steel production of 610,000 tonnes in February 2012, representing a growth of 13% over corresponding month of previous year. YTD crude steel production is 15% higher than in the comparable year-ago period.

Evraz Appoints Independent Non-Executive Director

06 March 2012 - Evraz plc announced the appointment of Alexander Izosimov as an Independent Non-executive Director of the EVRAZ Board. Izosimov will also become a member of the Evraz Board’s Remuneration Committee.

Daido Receives ASME MO Certification to Produce Materials for Nuclear Plants

06 March 2012 - Daido Steel Co., Ltd.’s Shibukawa Plant has qualified for the Quality System Certificate of the American Society of Mechanical Engineers (ASME) for the supply of materials used in nuclear plants, and has been registered as a Material Organization (MO).

Vale Opens Distribution Center, Pelletizing Plant in Oman

05 March 2012 - Vale has officially opened its new US$1.36-billion distribution center and pelletizing plant at the Port of Sohar Industrial Complex in the Sultanate of Oman.

Ruukki Smart Roof a Candidate for Sweden’s Innovation of the Year

05 March 2012 - Ruukki’s smart roof has been ranked as being among the most significant innovations in Sweden’s construction industry.

ArcelorMittal Announces Completion of Cash Tender Offer

05 March 2012 - ArcelorMittal announced the results of its cash tender offer launched on February 23, 2012to purchase its 5.375% Notes due June 1, 2013.

Posco, Great Wall Sign Technology Cooperation Agreement

05 March 2012 - Posco recently signed a memorandum of understanding with the Great Wall Motor Co., pledging to take part in the Chinese automaker’s new auto development efforts, including its plan to use more high-strength steel.

Outokumpu Delivers Stainless Quarto Plates for Solar Power Project

02 March 2012 - Outokumpu is supplying 650 tonnes of stainless steel quarto plates for the construction of a hot nitrate salt storage tank used at the Crescent Dunes Solar Energy power plant located in Tonapah, Nev. The plates are produced at Outokumpu’s quarto plate unit in Degerfors, Sweden.

voestalpine Reveals Enhanced phs-ultraform Product

02 March 2012 - voestalpine will present at the Geneva Motor Show an enhancement to its patented phs-ultraform, a hot-dip galvanized high-strength steel developed for lightweight construction of car body panels. In conjunction with Swiss prototype manufacturer Rinspeed, a laser-welded door made of phs-ultraform will be on display.

Siemens-Led Consortium to Supply New Sinter Plant for NMDC

02 March 2012 - National Mineral Development Corporation Limited (NMDC), an Indian government-owned mining company, has placed an order with a consortium headed by Siemens VAI Metals Technologies for the supply of a sinter plant on a full turn-key basis.

Mechel Celebrates Launch of Quality Steel Producing Complex at Chelyabinsk

02 March 2012 - Mechel OAO recently celebrated its launch of the first line of Chelyabinsk Metallurgical Plant’s universal rolling mill.

Vtorchermet NLMK Continues Growth in 2011

01 March 2012 - NLMK Long Products subsidiary Vtorchermet NLMK set up 18 new scrap metal processing sites in 2011 in various regions across Russia.

TMS International Expands Operation in Taiwan

01 March 2012 - TMS International announced the expansion of its scrap yard operation in Taichung, Taiwan. The expansion will enable the company to meet increasing regional demand for steelmaking raw materials.

JSW Steel Reports Crude Steel Production for January 2012

01 March 2012 - JSW Steel Limited reported the production of 805,000 tonnes of crude steel for January 2012, which represents a 39% increase compared to crude steel production of 580,000 tonnes for January 2011.

Mechel’s Tikhvin Plant Compliant with ISO 14001 Standard

01 March 2012 - Mechel OAO reports that the environment management system at Tikhvin Ferroalloy Plant has been certified as compliant with the international ISO 14001 standard.

Tenova I2S to Supply New 20 High Reversing Cold Rolling Mill for Posco AST

29 February 2012 - Tenova I2S has signed a contract with Posco AST to supply a new ZR22STG-52-inch precision 20-High Cluster Mill at the company’s site at Ansan, Korea. The company plans to produce 30,000 tonnes of stainless and bright annealed steel per year at this new facility.

Dillinger Hutte Supplies Heavy Plate for Irish Sea Wind Farm

29 February 2012 - Dillinger Hütte supplied a total of about 36,000 tonnes of heavy plate ranging in thickness from 30 to 105 mm for Walney, which recently opened off England’s western coast and is said to be the world’s largest offshore wind farm covering an area of approximately 73 km².

Mechel Announces Suspension of Mining at New-Olzherassk Mine

29 February 2012 - Mechel OAO announced the temporary halting of coal mining at Southern Kuzbass Coal Company OAO’s New-Olzherassk Underground mine’s long wall face # 21-1-7 due to coal self-heating.

Posco Selected as a Most Admired Company

29 February 2012 - Posco was recently ranked 2nd in the “2012 Korea’s Most Admired Companies” announced by KMAC. It has been listed as an All-Star Company for nine consecutive years and maintained 1st in the steel division of the per-industry evaluations.