Steel News

Baosteel Orders New Bar Mill from Siemens

17 January 2012 - Siemens VAI Metals Technologies has received an order from Baosteel Engineering & Technology Co. Ltd. to supply a new bar mill to the Shaoguan Iron and Steel Group that is to commence operation in early 2013.

Baosteel Continues Expansion of Silicon Steel Production

17 January 2012 - Baosteel’s Silicon Steel Department produced a total of 1.2477 million tonnes of silicon steel 2011. The total was 23,600 tonnes more than the company’s annual target.

Ruukki Completes Employer-Employee Negotiations at Kurikka

16 January 2012 - Ruukki Engineering Oy has completed the employer-employee negotiations initiated in early December regarding layoffs and redundancies at the company’s facilities in in Kurikka, Finland.

Metaldom Signs MOU to Explore Construction of DRI-HBI Facility in Trinidad and Tobago

16 January 2012 - Complejo Matalurgico Dominicano S.A. (Metaldom) has entered into a Memorandum of Understanding (MOU) with the National Gas Co. of Trinidad and Tobago Ltd., National Energy Corp. of Trinidad and Tobago Ltd., Severstal North America, and Neal & Massy Holdings Ltd. to undertake a feasibility study for the establishment of a vertically integrated iron and steel complex.

Ruukki to Increase Laser Cutting Capacity at Seinäjoki

13 January 2012 - Ruukki has acquired a second bevel laser cutting line for its service center in Seinäjoki, Finland.

Siemens to Modernize Medium-Section Mill for Riva

13 January 2012 - Siemens VAI Metals Technologies has received an order from Riva Acciaio to modernize the roughing train of the medium-section mill in Sellero, Italy, which is scheduled for completion in the second half of 2012.

Vale Declares Force Majeure on Iron Ore Shipments

13 January 2012 - Vale announced that it is declaring force majeure (FM) on a number of its iron ore sales contracts effective from January 11, 2012 as a result of high rainfall that has been ongoing since mid-December in the Brazilian states of Minas Gerais, Rio de Janeiro and Espírito Santo.

Mechel Finishes Laying Railway Tracks to Elga Coal Complex

13 January 2012 - Mechel OAO has finished laying tracks along the entire route of the railway link from Ulak station to the Elga coal deposit, opening traffic along the entire route from Baikal-Amur Mainline’s Ulak station to the Elga deposit.

ThyssenKrupp Nirosta Plans for Expansion in Krefeld

12 January 2012 - ThyssenKrupp Nirosta has submitted a permit application for the relocation of the Düsseldorf-Benrath cold-rolling mill to Krefeld. The company expects to obtain the permit by summer 2012.

Siemens to Revamp Gerdau Mogi das Cruzes Bar Mill

12 January 2012 - Gerdau S.A., Brazil, has awarded a contract to Siemens VAI Metals Technologies to revamp the bar mill at its Mogi das Cruzes location for the production of flat bar.

ISSF Launches Website Celebrating 100 Years of Stainless Steel

12 January 2012 - The International Stainless Steel Forum has launched a website dedicated to the history of stainless steel and its innovative applications in celebration of the century that has passed since the creation, patenting and production of stainless steels.

Posco Develops Environment Friendly Lead-Free Cutting Steel

11 January 2012 - Posco has developed and will soon begin mass production of what the company claims is the world’s first environment-friendly Bismuth based, lead-free cutting steel.

NLMK Further Expands Slab Casting Capacity at Novolipetsk

11 January 2012 - NLMK has successfully cast the first slabs on its newly revamped one million tonne/year vertical continuous casting machine (CCM-3) at Novolipetsk, the company’s main production site in Lipetsk.

ThyssenKrupp Steel Europe to Modernize Blast Furnace 9 in Duisburg

11 January 2012 - ThyssenKrupp Steel Europe has shut down its Blast Furnace 9 in Duisburg-Hamborn for a period of 180 days for replacement of the refractory lining and parts of the cooling system.

SAIL Honored with Skoch Award for Financial Inclusion

11 January 2012 - Steel Authority of India Limited was recently awarded the Skoch award for Financial Inclusion under the category of 'Women Empowerment', in recognition of various initiatives in the area of inclusive growth and poverty alleviation.

Tata Steel Reports Production Results for Third Quarter

10 January 2012 - Tata Steel announced the production of 1.724 million tonnes of crude steel in the third quarter of fiscal year 2012, as compared to production of 1.742 million tonnes of crude steel in the previous quarter and production of 1.766 million tonnes in the year-ago third quarter.