Steel News

Nippon Steel to Invest in UAE Galvanizing Plant

21 November 2011 - Nippon Steel Corp. has reached an agreement with the shareholders of Al Ghurair Iron & Steel LLC regarding an equity investment in the company through a share transfer.

Xingtai Steel Grants Acceptance Certificate for Hebei Province Steelworks

17 November 2011 - Xingtai Iron & Steel recently awarded Siemens VAI Metals Technologies the final acceptance certificate for secondary steelmaking facilities and a four-strand continuous billet caster, part of a new specialty and stainless steelworks in the Hebei Province.

Nippon Steel Moves up Blowout Date for Kimitsu No. 2 Blast Furnace Reline

17 November 2011 - Nippon Steel announced this week plans to reline and enlarge its Kimitsu No. 2 blast furnace as part of its efforts to achieve greater competitiveness regarding both pig iron and steel manufacture.

Wuhan Baosteel Can-making Opens with 480 Million Cans per Year

16 November 2011 - Wuhan Baosteel Can-making Co., Ltd. officially opened on November 8. It is the fifth Baosteel-invested domestic two-piece can factory following those in Shanghai, Hebei, Chengdu, and Foshan.

Posco Executives Donate 1% of Income

16 November 2011 - The executives of Posco and its family companies have begun donating 1% of their income to the Community Chest of Korea for social welfare at the end of each month to support bilingual education programs.

Mechel-Service OOO Selected as Russia’s Best Sales Network

16 November 2011 - Mechel OAO announced that Mechel-Service OOO won the contest for ‘Russia’s Best Sales Network 2011’ in the Best Sales Network of Federal Level category.

ArcelorMittal Announces Head Americas Iron Ore Operations

16 November 2011 - ArcelorMittal today announced the appointment of Steve Wood as Vice President and Head of Iron Ore Operations for the Americas region, effective from 1 November 2011.

Steel Pavilion Showcases Latest Technologies, Products at India Trade Fair

15 November 2011 - The Ministry of Steel has inaugurated the Steel Pavilion at India International Trade Fair 2011. The pavilion showcases the manufacturing facilities and the range of products and services from various companies including SAIL and Tata Steel.

Severstal, NMDC Set Framework for Joint Project in India

15 November 2011 - Severstal and NMDC executives recently met in Moscow to discuss progress in establishing their joint project in Karnataka, India. The companies signed the Implementation Framework, elaborating upon the Memorandum of Understanding dated December 2010.

NLMK Revamps Hot Rolling Facilities at Lipetsk

15 November 2011 - NLMK has started hot testing and produced the first slab at its reconstructed Reheating Furnace No. 3 in Lipetsk.

Ilafa is Now Alacero

15 November 2011 - Ilafa is now the Latin American Steel Association (Alacero). The new brand aims to integrate the value chain of steel and reflects the innovation and sustainability that are characteristic of this industry.

ArcelorMittal Honored as Top Company for Leaders

14 November 2011 - ArcelorMittal was recently named to Aon Hewitt's European list of “Top Companies for Leaders,” a comprehensive study of organizational leadership, as a first-time entrant to the survey.

Gerdau Reports Third Quarter Increases in Net Revenue, Sales

14 November 2011 - Gerdau reported consolidated net revenue to R$ 9 billion, an increase of 9% against the same period last year, on a 10% increase in sales and a 14% increase in consolidated steel production.

Hertwich to Supply Homogenizing Plant to Asas Aluminyum Sanayi ve Ticaret

14 November 2011 - The Turkish manufacturer Asas Aluminyum Sanayi ve Ticaret A.S. has ordered a continuous homogenizing plant from Hertwich Engineering, Austria.

Harsco, Tisco Celebrate Groundbreaking for Slag Utilization Project

14 November 2011 - The groundbreaking for Harsco Corp.’s new joint-venture slag utilization project with Chinese steelmaker TISCO was celebrated this week in Shanxi Province, China. Harsco anticipates that the metal recovery operations will begin in late 2012.

Outotec Recognized for Corporate Responsibility Reporting

11 November 2011 - Outotec published its first corporate responsibility report, Outotec Sustainability Report 2010, this year, and the company received an honorary mention for it in a competition evaluating the corporate responsibility reporting of Finnish companies.

Gazprom Executives Visit Posco’s Gwangyang Works

11 November 2011 - Posco recently invited eight strategy executives from the Russian gas company Gazprom to Gwangyang Steel Works to tour key facilities and discuss future plans.

Continuous Homogenizing and Sawing Plant from Hertwich is Commissioned

11 November 2011 - Hertwich Engineering successfully commissioned a continuous homogenizing and sawing plant at Fonderie Pandolfo in Maniago, Italy. With the new billet production line Pandolfo produces the billets for its own extrusion plant and for sales, and processes the extrusion scrap within the plant.

Grupo Simec to Invest in New 500,000 TPY Plant in Brazil

11 November 2011 - Grupo Simec announces plans to invest more than USD $500 million in a Greenfield plant in Brazil that will have an annual capacity of 500,000 tonnes in its first stage.

Sumitomo Metals Receives Awards from Japan Institute of Metals

10 November 2011 - Sumitomo Metal Industries, Sumitomo Metals (Kokura), and Sumitomo Metals (Naoetsu) recently received the 34th Technical Development Award from the Japan Institute of Metals for the development of the low-carbon non-leaded free cutting steel “Smigreen CS” and for development of fine-precipitates dispersed stainless steel sheet “NAR-301L HSX.”