Steel News

April World Crude Steel Output Nearly 36% above Last Year

21 May 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 121.65 million tonnes in April 2010 — a 0.4% decrease from the previous month (March 2010) and a 35.7% increase vs. April 2009.

ThyssenKrupp Expands Materials Services in Central and Eastern Europe

21 May 2010 - The ThyssenKrupp Group recently bought all shares of Techno-Stahl Stahlgroßhandel und Brennschneidbetrieb GmbH, a flame-cutting company with technical expertise in the area of processed flat products.

Posco Breaks Ground for Posco-CYPC in Yantai

21 May 2010 - Posco has started the construction of Posco-CYPC, a new Chinese processing center capable of processing 170,000 tons of steel products annually for local customers such as Shanghai GM and Geely, as well as Foxconn and Samsung Electronics.

HRH Prince Charles visits Teesside Cast Products

20 May 2010 - Corus CEO Kirby Adams and Managing Director Jon Bolton host His Royal Highness Prince Charles and a delegation from the Business in the Community charity during a tour of Teesside Cast Products on Wednesday, May 19.

ArcelorMittal Kryviy Rih Holds National Young Rollermen Contest

20 May 2010 - OJSC ArcelorMittal Kryviy Rih recently hosted a national contest in which teams of rollermen from four companies competed in terms of technology, safety and skills.

ThyssenKrupp Schulte Opens New Center in Bielefeld

20 May 2010 - ThyssenKrupp Schulte GmbH has opened a state-of-the-art flame cutting center that will produce finished parts tailored to customer requirements, mainly from structural steels, boiler plate, wear-resistant steels and special structural steels up to grade S 960 QL.

Siemens Starts up New Plate Mill for Jinan Iron & Steel

19 May 2010 - Jinan Iron & Steel expands its plate production in Jigang with start-up of a new 4.3-meter plate mill from Siemens VAI Metals Technologies.

Tube City IMS UK Receives Contractor of the Year Award from Corus

19 May 2010 - Tube City IMS subsidiary Tube City IMS UK has been awarded the designation "Contractor of the Year" from its major customer, Corus.

Nippon Steel, Ternium Sign MoU to Form Joint Venture in Mexico

18 May 2010 - Nippon Steel and Ternium have signed a memorandum of understanding to form a joint venture that is expected to build a hot-dip galvanizing plant in the vicinity of Monterrey City, and subsequently manufacture and sell high-grade, high-quality galvanized and galvannealed steel sheets.

NLMK to Acquire Kaluga Electric Steelmaking Plant

18 May 2010 - NLMK recently purchased a 100% stake in CJSC Kaluga Electric Steelmaking Plant from LLC Metallurgical Holding to advance the development strategy of its Long Products Division.

Baosteel, Shanghai Toshiba Establish Joint Laboratory

17 May 2010 - A Baosteel-Toshiba SH joint laboratory has been formally established to accelerate product development and product performance improvement. The two companies regard the new lab as the cooperative platform for silicon steel development and its application on air-conditioner compressors.

Tata Steel Named to Fortune’s ‘Most Admired Company’ List

17 May 2010 - Tata Steel Ltd. this year has been ranked among the world’s top 10 of the “Most Admired Company” rated by Fortune magazine and the Hay Group. The award was bestowed in the Industry-Metal category.

worldsteel Awards Student Winner of steeluniversity Challenge

14 May 2010 - The World Steel Association recently presented the trophy and prize to Luo Zhaozhen, a student from China’s Wuhan University of Science and Technology, who won the fifth steeluniversity Challenge in the student category.

Severstal Invests in Iron Ore Projects in Republic of Congo and Gabon

14 May 2010 - OAO Severstal has announced the multi-stage acquisition of new shares in Core Mining Ltd., which controls exploration licenses for the Avima iron ore deposit in the Republic of Congo (Brazzaville) and the Kango iron ore deposit in the Republic of Gabon. The investment will be used to fund Core’s exploration program for both projects.

Posco Breaks Ground for Plate Processing Center in Dalian

14 May 2010 - The steelmaker recently held a groundbreaking ceremony for Posco-CDPPC, a new plate facility, in the Lingang Industrial Zone, which is located on Changxing Island, Dalian. Posco plans to supply major shipbuilding companies with an annual thick plate production of 200,000 tonnes.

Harsco Expands Services to Middle East Producers

13 May 2010 - Harsco Corp. announced new contracts valued at close to $5 million over three years supporting aluminum producers in the Gulf Region of the Middle East.

First Installation of Siemens LiquiRob at Riva Group EAF

13 May 2010 - The Riva Group has become the first steel producer to use the Siemens LiquiRob robot system at an electric arc furnace. The technology has been installed in its French plant in Neuves-Maisons where it handles sampling and temperature and Celox measurements.

SSAB Set to Expand Business in Chinese Market

13 May 2010 - SSAB plans to further expand its operations in mainland China. The company expects the Asian market to account for 20% of its total output of niche products by 2015, compared to 7% in 2008.

Corus Invests in Steelworks to Reduce Carbon Dioxide Emissions

13 May 2010 - Corus recently launched a new plant at its Port Talbot steelworks that will reduce the site’s carbon dioxide emissions by some 240,000 tonnes per year, completing a £60 million investment.

SMMD, Hokuriku Electric Conclude Absorption-Type Corporate Split Contract

13 May 2010 - Hokuriku Electric and Sumitomo Metal Micro Devices (SMMD) have concluded a contract on the absorption-type corporate split, whereby the Systems Division of Hokuriku Electric will be split and succeeded to SMMD on August 2, 2010. SMMD is scheduled to change its company name to HDK Micro Devices that same day.