Steel News

Sumitomo Metals to Enhance Capabilities of R&D Laboratories

25 June 2010 - Sumitomo Metal Industries, Ltd. has decided to renew the facilities of its Corporate Research & Development Laboratories at Amagasaki city. Construction work has already started and is expected to be completed in May 2012.

Posco Exchanges Magnesium and Steel Technology

25 June 2010 - Posco recently hosted its first magnesium-related technology exchange meeting with German steel company TKS. Posco also recently had a joint workshop with Japan’s National Institute for Materials Science, exchanging knowledge in four primary research fields.

Siemens to Renovate Blast Furnace 1 for ArcelorMittal Tubarão

25 June 2010 - ArcelorMittal Tubarão has commissioned Siemens VAI Metals Technologies to renovate blast furnace 1 at its Tubarão Works in Brazil. Siemens will dismantle and rebuild within a shutdown period of 80 days.

Siemens VAI to Supply Rod Mill to Taihan Electric

24 June 2010 - Siemens VAI Metals Technologies has received an order from the Southwire Co. to supply a copper rod rolling mill and the associated coil handling system. The end customer is Taihan Electric Wire Co. Ltd. of Seoul, Korea. The new mill will be delivered by the end of 2010.

Ruukki to Supply Steel Piles for Harbor Projects in Western Europe

24 June 2010 - Ruukki has agreed to a number of steel pipe pile deliveries for harbor construction projects in the Netherlands, France, and the U.K., including for two combi walls for BAVO Kademuren, the subcontractor for the quay walls for a land reclamation project in the North Sea.

Rio Tinto, BHP Billiton Amend Royalties and State Agreements

24 June 2010 - The Western Australian Government, Rio Tinto, and BHP Billiton have signed a Heads of Agreement that will enable greater flexibility and efficiency in managing their iron ore mining operations and infrastructure in the Pilbara.

JSW Steel Opens Branded Showroom at Hyderabad

23 June 2010 - JSW Steel has opened its fourth JSW Shoppe outlet in the southern state of Andhra Pradesh, in Hyderabad city. The company operates a total of 174 JSW Shoppe outlets through its dealers and plans to open 600 retail outlets by 2012.

Siemens to Modernize Slab Steel Works in Indonesia

22 June 2010 - Siemens has received an order from PT Krakatau Steel of Cilegon, Indonesia, to completely modernize its slab steel works no. 1. The modernized works is scheduled to come into production in the summer of 2012.

May World Crude Steel Output up 2.9% from Previous Month

22 June 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 124.18 million tonnes in May 2010 — a 2.1% increase from the previous month (April 2010) and a 29.1% increase vs. May 2009.

Posco Buys Stake in Chinese Rear-Earth Metal Producer

21 June 2010 - Posco-China and Korean Resources Corp. have acquired a 60% stake in Yongxin Rare Earth Metal Co. The two companies plan to renovate production facilities at the Chinese company by November to produce 1000 tonnes of neodymium and as much NdFeB each year.

Posco to Build Distribution Center in India

21 June 2010 - Posco recently had a groundbreaking ceremony for Posco-ISDC, the new distribution center for the Indian market being built near Dighi Port, Maharashtra State. Scheduled to open in December, Posco-ISDC is expected to handle 360,000 tonnes of steel products a year.

Inauguration Ceremony at ThyssenKrupp CSA

21 June 2010 - The ThyssenKrupp CSA Siderúrgica do Atlântico steel mill in Santa Cruz, Brazil, is now ready for ramp-up. The investment project is central to its growth strategy for premium carbon flat steel in Europe and North America.

Evraz Launches Rail Mill Reconstruction at NTMK

18 June 2010 - Evraz Group has launched reconstruction of the rail mill at NTMK, its Russian steel plant in Nizhny Tagil, Urals. The project will expand the mill’s annual capacity to 550,000 tonnes.

ThyssenKrupp Inaugurates New Headquarters in Essen

18 June 2010 - ThyssenKrupp AG  will officially inaugurate this week its new corporate headquarters – the ThyssenKrupp Quarter — a sustainable operation combining administrative offices previously spread over various locations.

Korea Iron & Steel Association Celebrates Annual Steel Day

18 June 2010 - The Korea Iron & Steel Association recently held a ceremony for the annual Steel Day at the Posco Center to demonstrate support for development and unity of the domestic steel industry.

Outokumpu Opens New Stainless Bar/Rebar Plant in Sheffield

16 June 2010 - Outokumpu officially opens a new stainless steel bar and rebar facility in Sheffield, U.K., that can supply stainless steel rebar in straight lengths or formed components as well as cold drawn bar.

SMS Meer to Supply 14 Extrusion Presses for Shandong Nanshan

16 June 2010 - Shandong Nanshan Aluminium signs contract with SMS Meer for the supply of a total of 14 light-metal extrusion presses.

NLMK Appoints New Long Products Division Director

16 June 2010 - Novolipetsk Steel appoints Alexander Buraev as the new Director of NLMK’s Long Products Division. He replaces Olga Naumova, who has resigned from the company.

OJSC ArcelorMittal Provides Pipe for Orjonikidze Mine Repair

15 June 2010 - OJSC ArcelorMittal Kryviy Rih has provided 700 meters of pipe for repair of the gas pipeline to the Horky village that was destroyed after an accident at the Orjonikidze mine.

Auditors Confirm Compliance for NLMK’s Quality Management System

15 June 2010 - Novolipetsk Steel has passed the recertification audit conducted by the independent German certifying agency TÜV SÜD, confirming its compliance with international standard ISO 16949:2009 Quality Management Systems.