Steel News

EU Hands out Excess Carbon Allowances in 2009

02 April 2010 - The recession led to emissions from industrial plants included in the EU's emissions trading system to drop by 11% in 2009, according to energy information provider ICIS Heren. The EU handed out more free carbon allowances than were actually needed for plants to comply with 2009 emissions.

Eurofer Notifies EC on Possible Anticompetitive Practices Related to Seaborne Iron Ore Market

01 April 2010 - Eurofer has formally notified the European Commission (EC) about possible anticompetitive practices and abuse of dominant position by the main iron ore suppliers.

ArcelorMittal Confirmed as Sponsor for London 2012 Olympic, Paralympic Games

01 April 2010 - ArcelorMittal celebrates its new status as a tier two sponsor of the 2012 Olympic and Paralympic Games by announcing the artist and design for ArcelorMittal Orbit, a spectacular new visitor attraction in London’s Olympic Park.

Ruukki Signs Contracts for Two Landmark Projects in Norway

01 April 2010 - Ruukki has been chosen as the steel structure contractor for the new head office of financial services group DnB NOR in Oslo and for construction projects for a new concert hall in Stavanger.

SAIL to Form Shipping JV Company with SCI

31 March 2010 - Steel Authority of India Ltd. (SAIL) has signed an agreement for formation of a 50:50 joint venture company with Shipping Corp. of India Ltd. (SCI). The JV will initially cater to around 1 million tonnes of SAIL's imported cargo annually.

Court Convicts Rio Tinto Shanghai Employees

31 March 2010 - The Shanghai Number One Intermediate People's Court has convicted the four Shanghai employees detained on July 5, 2009, on charges of receiving bribes and obtaining commercial secrets. Rio Tinto will terminate their employment.

OJSC ArcelorMittal Kryviy Rih Complies with International Quality Standard

31 March 2010 - An audit recently took place at ArcelorMittal Kryviy Rih that confirmed compliance to the international standard BS EN ISO 9001:2008. Auditors also executed a sample collection of reinforcing bar and took part in tests of 460B\B500B and B500C grades to the requirements of British standards BS 4449 versions 1997 and 2005.

LKAB Works toward Start-up of Three New Iron Ore Mines

31 March 2010 - LKAB plans to open an open-pit mine at Gruvberget during the first half of 2010, and also is planning to submit applications for a project to drain the Leveäniemi open pit and for test drilling for the Mertainen deposit in the Svappavaara area.

Praxair India Strengthens Association with SAIL

31 March 2010 - Praxair India has won a contract to supply gases to the Bhilai facility of Steel Authority of India Ltd. Praxair India will build, own, and operate two cryogenic air separation units, each with a capacity of 1250 tonnes per day.

LOI Italimpianti Tenova to Supply Heating Hoods to Liuzhou

30 March 2010 - Liuzhou Iron & Steel (Group) Co. has awarded a contract to LOI Thermprocess for a phase II extension of a new HPH® (high-performance hydrogen) bell-type annealing plant, following its completion. An additional six bases and three heating hoods will be supplied.

Korean Steelmakers Recycle Nearly 100% of Metal Slag

30 March 2010 - About 99.8% of metal slag was recycled by Korean steelmakers last year, according to a report by the Korea Iron & Steel Association. Of the 16.7 million tonnes of slag produced in 2009, 16.67 million tonnes was recycled, surpassing the 95% target set by the government.

Outokumpu to Reevaluate Ferrochrome Production Expansion

30 March 2010 - Outokumpu has decided to update the feasibility study on the investment to double the ferrochrome production capacity in Tornio, Finland, to 530,000 tonnes. A decision based on the study is expected to be made by the end of June 2010.

Mechel Campia Turzii Certified to Mark Products with CE Marking

30 March 2010 - An annual product certification procedure was recently completed at the Mechel Campia Turzii plant. The audit inspection results confirmed the plant’s procedures-compliance to EU requirements; the plant is rightfully able to mark its products with the CE marking.

Battery B3 Commissioned at ZKS

29 March 2010 - A celebration was recently held to mark the commissioning of the new Battery B3 at Zentralkokerei Saar GmbH (ZKS), the joint coking-plant operating subsidiary of AG der Dillinger Hüttenwerke and Saarstahl AG.

Outokumpu Participates in Wind Park Project at Tornio

29 March 2010 - Outokumpu is a shareholder in Rajakiiri Oy, which specializes in wind power. Rajakiiri has made an investment decision to build a 30-megawatt wind park in Röyttä, on the sea coast of the Tornio Works site. Outokumpu will receive 20% of the wind power produced by the park.

ThyssenKrupp Nirosta Upgrades Bochum EAF with Spraying Robots

29 March 2010 - ThyssenKrupp Nirosta implemented a spraying robot fitted with state-of-the-art control technology capable of performing maintenance on the refractory walls of the EAF at its Bochum, Germany, facility.

Outotec Completes Acquisition of Ausmelt

29 March 2010 - Outotec has successfully completed its acquisition of Ausmelt Ltd and owns now 100% of all the company’s shares and votes.

Trial Underway for Rio Tinto Shanghai Employees

26 March 2010 - Rio Tinto notes that the trial to hear formal charges against the four Shanghai employees detained since July 5, 2009, will be held at the Shanghai Number One Intermediate Court from March 22, 2010. The charges relate to receiving bribes and stealing commercial secrets.

JSW Steel Inaugurates Branded Showroom at Mumbai

26 March 2010 - JSW Steel has inaugurated its fourth JSW Shoppe in Mumbai through its authorized dealer M/s K.Amishkumar Trading Pvt. Ltd at Ghatkopar (East). The shoppe sells JSW products ranging from hot-rolled to color-coated steels along with long products.

Essar to Buy Aries Coal Mines in Indonesia

26 March 2010 - The Essar Group signs agreement to purchase Aries coal mines in Indonesia, representing an estimated resource base of 100 million tonnes of thermal coal and mineable reserves of 64 million tonnes.