Steel News

ArcelorMittal Ostrava to Offer Voluntary Departure to Employees

08 December 2011 - ArcelorMittal Ostrava says it will not give any notices to its employees, despite the European steel industry’s struggles with overproduction against low demand. Rather, the company is going to offer “generous conditions” to those who decide to leave by themselves.

Schulz to Step Down from ThyssenKrupp AG Supervisory Board

08 December 2011 - Prof. Dr.-Ing. Ekkehard D. Schulz has informed the ThyssenKrupp AG Executive Board and Supervisory Board that he is standing down from the company’s Supervisory Board as of December 31, 2011.

ThyssenKrupp Sells Automotive Systems Industrial do Brasil to Magna International

08 December 2011 - ThyssenKrupp AG has sold Automotive Systems Industrial do Brasil to Cosma International, an operating unit of Magna International Inc.

Changes at the top of SMS Siemag AG, SMS Holding GmbH

07 December 2011 - The SMS Group announced the planned retirement of Dr. Kay Mayland, President and CEO of SMS Siemag AG and Member of the SMS Holding GmbH Managing Board, on December 31, 2011, when his contract expires.

Mechel Suspends Work at Several Facilities in Two Southern Kuzbass Mines

07 December 2011 - Mechel OAO has suspended work at several facilities at two of Southern Kuzbass Coal Company’s mines following a check by of the Southern Siberian department of the Federal Agency for Ecological, Technological and Nuclear Monitoring.

Metinvest Commissions Blast Furnace at Yenakiieve Steel

07 December 2011 - Metinvest has commissioned a modern blast furnace at its Yenakiieve Iron and Steel Works subsidiary, adding 1.2 million tonnes of capacity to the plant’s annual hot metal production.

JSW Steel Orders another Continuous Slab Caster from Siemens VAI

07 December 2011 - JSW Steel has ordered another new continuous slab caster from Siemens VAI Metals Technologies for its steelworks in Toranagallu, Karnataka State, India. The new caster will have an annual production capacity of 1.4 million tonnes and is expected to be commissioned in mid-2013.

Kilden Performing Arts Centre Voted 2011 Steel Construction of the Year

05 December 2011 - The Kilden Performing Arts Centre — for which Ruukki was responsible for detail design, fabrication and installation of the steel structures — has been awarded the 2011 steel construction of the year award by The Finnish Constructional Steelwork Association.

NLMK to Cut Sinter Plant Dust Emissions with Upgrade

05 December 2011 - NLMK is revamping the central dust collection systems at sintering machines Nos. 3 & 4 at Lipetsk. A new type of electrostatic precipitator by Alstom Power is expected to significantly reduce residual dust content in exhaust air.

Tata Steel to Mothball Llanwern Hot Strip Mill

05 December 2011 - Tata Steel has temporarily mothballed the hot strip mill at its Llanwern site in Newport, South Wales, effective immediately. The company expects the facility to remain mothballed until the UK economy and steel demand justify a restart.

ThyssenKrupp Achieves Growth Targets in Fiscal Year 2010/11

05 December 2011 - ThyssenKrupp's order intake increased by 22% from €41.250 billion to €50.247 billion in the past fiscal year, and the Group’s sales rose by 15% from €42.621 billion to €49.092 billion. Demand was strong for flat carbon steel, components for the auto industry, and in naval shipbuilding.

WorldAutoSteel Calls for Consideration of LCA in Vehicle Regulations

02 December 2011 - WorldAutoSteel urges all regions to shift the basis of vehicle emissions regulations from tailpipe emissions to life cycle assessment (LCA), which considers emissions from all aspects of a vehicle’s life. The association lauded recent U.S. rulemaking that seeks input concerning the use of LCA.

TMS Expands Coverage in Belgium, South Africa

02 December 2011 - TMS International Corp. has secured three new mill services contracts, varying between seven and nine years, for a variety of outsourced services at steel mills in Genk, Belgium; Vanderbijlpark, South Africa; and Saldanha, South Africa.

Essar Steel Commissions Second Conarc Furnace at Hazira

02 December 2011 - Essar Steel has commissioned its second Conarc Furnace at its Hazira steel complex. The new furnace will expand the meltshop’s annual capacity to 5 million tonnes.

SMS Meer to Supply Wire Rod Outlet to Xinjiang Gaoyi

02 December 2011 - Xinjiang Gaoyi Smelting Co. Ltd., Houma City (Shanxi Province), China, has placed an order with SMS Meer, Germany, for the supply of a wire rod outlet for its wire rod mill.

SMS Meer to Supply Heavy-Section Mill to Inner Mongolia Baotou Steel

01 December 2011 - Inner Mongolia Baotou Steel Union Co. has placed an order with SMS Meer to supply a heavy section mill capable of rolling beams, rails and U-shaped sheet piles.

Indian Consortium Wins Preferred Bidder Status for Hajigak Deposit

01 December 2011 - The SAIL-led consortium AFISCO (Afghan Iron & Steel Consortium) has won the status of “preferred bidder” for blocks B, C, and D of the mines with an estimated reserve of 1.28 billion tonnes of high-grade magnetite iron ore (with 62-64% Fe content).

Vallourec to Build Premium Threading Facility in Youngstown

01 December 2011 - Vallourec announced the advancement of two projects to strengthen its positioning to serve the OCTG markets of North America and the Middle East. In North America, the company will construct a new premium threading facility in Youngstown, Ohio, through its subsidiary VAM USA LLC. In Saudi Arabia, Vallourec recently completed the acquisition of Zamil Pipes.

Posco Signs MOU with Google

30 November 2011 - Posco recently signed a memorandum of understanding with Google for the exchange of core capabilities. Posco plans to implement POSPIA 3.0, a future-oriented management system, by utilizing Google’s advanced IT and solutions in areas such as facilities, distribution, environment and energy, and safety.

ThyssenKrupp Uhde Acquires Otto Corporation in Japan

30 November 2011 - ThyssenKrupp Uhde has acquired Tokyo-based Otto Corp. in support of the company’s drive to expand its market presence in the field of coke plant technologies.