Steel News

NLMK Reports Environmental Achievements at Lipetsk Site

06 February 2012 - NLMK’s main production site in Lipetsk allocated approximately RUR 4 billion on environmental protection projects in 2011. Around 100 environmental projects aimed at revamping and upgrading process equipment and operations have thus far been completed.

Posco’s Gwangyang Works Hosts Tech Exchange with Nippon Steel

06 February 2012 - The steel manufacture department at Posco’s Gwangyang Steel Works recently hosted a technology exchange session with Japanese steelmaker Nippon Steel Corp.

ThyssenKrupp Steel Europe to Produce 70 millionth Tonne on Schwelgern BF 2

06 February 2012 - The 540-strong crew of ThyssenKrupp Steel Europe’s blast furnace Schwelgern 2 in Duisburg — still in its first campaign — has been preparing to celebrate production of its seventy millionth ton of hot metal.

ArcelorMittal Ostrava Celebrates 60th Anniversary

03 February 2012 - ArcelorMittal Ostrava held a commemorative event celebrating the 60 years that have passed since Stanislav Najvrt lit the first blast furnace in the presence of then-President of the Republic, Antonín Zápotocký.

Saarstahl Announces Personnel Changes

02 February 2012 - Dr. Klaus Harste has asked the Supervisory Board to release him from his duties as Chairman of the Management Board of Saarstahl AG with responsibility for Engineering and Technology. Dr. Karlheinz Blessing will be recommended to the Supervisory Board to assume the office of successor to the Chairman of the Board.

Ruukki to Initiate Project to Improve Competitiveness

02 February 2012 - Ruukki Metals plans to initiate a project aimed at operations across the division to achieve a permanent annual improvement of around EUR 50 million in earnings performance as well as business profitability at a production utilization rate of 80%.

Air Liquide Completes Acquisition of 75% of LOGIKA in Moscow

02 February 2012 - Air Liquide has just completed the acquisition of 75% of the shares of LOGIKA, a regional industrial gas company located in Moscow.

Siemens to Modernize Two Bar Mills for Diaco in Colombia

02 February 2012 - Diaco, the Colombian branch of Brazilian company Gerdau, has contracted Siemens VAI Metals Technologies to modernize two bar mills at its Tuta and Tocancipá locations, scheduled to come into operation at the end of 2012.

ThyssenKrupp and Outokumpu to Combine Stainless Steel Businesses

01 February 2012 - ThyssenKrupp and Outokumpu announced the combination of Outokumpu with Inoxum, the stainless steel unit of ThyssenKrupp, to create a new global leader in stainless steel. Agreements have been approved by the Supervisory Board of ThyssenKrupp AG and the Outokumpu Board of Directors.

Outokumpu Confirms Continued Negotiations with ThyssenKrupp, Labor Representatives

01 February 2012 - Outokumpu confirms that that negotiations are continuing with ThyssenKrupp and German labor representatives related to a potential business combination of Outokumpu and Inoxum.

Ruukki Named to Gold Class in SAM Sustainability Yearbook

01 February 2012 - Ruukki has received Gold Class and Sector Leader distinctions from Sustainability Asset Management (SAM) for its position as the leading steel company committed to sustainable development. The results have been published in the Sustainability Yearbook 2012.

United States Steel to Sell U. S. Steel Serbia

31 January 2012 - United States Steel Corp. announced plans to sell its U. S. Steel Serbia d.o.o. unit to the Republic of Serbia for a nominal purchase price.

Sandvik Celebrates 150 Years on January 31

31 January 2012 - The Sandvik Group will celebrate its 150th anniversary on January 31. At the time of its formation, Sandvik was first in the world to use the Bessemer process, which would later revolutionize the production of steel.

voestalpine to Supply phs Ultraform from New Indirect Press-Hardening Facility

30 January 2012 - The Automotive Division of the voestalpine Group will supply a leading European car manufacturer with key components involving its patented “phs-ultraform,” a hot-dip galvanized auto body steel developed by voestalpine and formed during a new “indirect press-hardening” process.

OJSC MMK Appoints Deputy CFO

30 January 2012 - MMK announced the appointment of Alexander Andrianov as Deputy CEO on Finance and Economics (Chief Financial Officer), according to the Order of MMK CEO Boris Dubrovsky.

Kobe Steel Establishes Steel Wire Processing Company in China

27 January 2012 - Kobe Steel, Ltd. has established a company in Foshan, Guangdong Province, China to make steel wire for use in high-quality springs. The new company, Kobelco Spring Wire (Foshan) Co., Ltd., will begin operations in the first half of 2013.

SMS Meer to Expand Bar Mill for Deutsche Edelstahlwerke

27 January 2012 - Deutsche Edelstahlwerke has contracted SMS Meer for the expansion of the 3-roll Precision Sizing Mill at its Siegen-Geisweid, Germany, plant to include an automatic size control system with cross-section measuring module. The project is scheduled to be implemented in spring 2012.