Steel News

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.

Baosteel Rolls First Stainless Coil on New Steckel Mill

14 June 2010 - Baosteel’s Special Steel Business Unit has successfully rolled the first coil of stainless steel on the steckel mill that was just recently put into production.

China Steel Blows in Revamped No. 1 Blast Furnace

14 June 2010 - China Steel held a blowing-in ceremony for the 4th campaign of No. 1 Blast Furnace, following a comprehensive revamp that included revamp of the shell, cooling stave, and furnace inner lining as well as the implementation of a comprehensive integrated control system.

New Chairman Takes the Helm at SAIL

14 June 2010 - Steel Authority of India Limited announces that Chandra Shekhar Verma has taken charge of the office of Chairman.

Ruukki Completes Blast Furnace Upgrade at Raahe, Schedules No. 2 for 2011

14 June 2010 - Ruukki successfully completes modernization of Blast Furnace 1 at the Raahe Steel Works, and has scheduled Blast Furnace 2 for a two-month modernization around midsummer 2011. Ruukki will eliminate the use of sinter for ironmaking once the second upgrade has been completed.

ArcelorMittal to Acquire Minority Shareholding in ArcelorMittal Ostrava

14 June 2010 - ArcelorMittal Ostrava shareholders agree at an Extraordinary General Meeting to ArcelorMittal acquiring the remaining 3.57% of the company's shares that it does not already own.

Bricmont to Supply Roller Hearth Furnace for Gunung Garuda Plate Mill

11 June 2010 - PT Gunung Garuda awards Bricmont a multimillion-dollar contract to supply a new plate heat treat furnace for their mill in West Java, Indonesia.

NLMK Wins National Environmental Award

11 June 2010 - Novolipetsk Steel has won a National Environmental Award for “Innovative Eco-Efficient Industrial Technologies,” being awarded a special figurine and diploma for the successful implementation of its “Industrial Water Supply System Upgrade” project.

Outokumpu to Double Ferrochrome Production

11 June 2010 - Outokumpu has decided to restart the project to double the Group's ferrochrome production capacity in Finland. This investment will raise ferrochrome production in Tornio to 530,000 tonnes annually. Project implementation starts immediately.

Posco Week Events Successful at Shanghai Expo

11 June 2010 - Posco Week special events dedicated to the promotion of the steelmaker attracted more than 25,000 people to its booth daily, helping the South Korea Joint Industrial Pavilion become a popular site at the Shanghai Expo.

Outokumpu to Increase Capacity in Degerfors

10 June 2010 - Outokumpu invests €104 million to increase capability and capacity of stainless steel quarto plate production in Degerfors, Sweden. The investment will increase annual production capacity by 30% to 150,000 tonnes.

JSW Steel Posts 23% Growth in Crude Steel Production

10 June 2010 - JSW Steel Ltd. reported crude steel production of 565,000 tonnes for May 2010, a 23% increase compared to the 459,000 tonnes produced in last fiscal year’s corresponding month.

ArcelorMittal Names New Head of Investor Relations

09 June 2010 - ArcelorMittal appoints Daniel Fairclough as its new head of investor relations, succeeding Julien Onillon, who is moving to become CFO of ArcelorMittal’s stainless steel business segment.

Posco, Korea East-West Power to Process Household Waste into Energy

09 June 2010 - Posco signed an MOU with Korea East-West Power to jointly promote a private investment project for a facility that will process household waste into energy. Posco first started such projects in 2007 by signing an MOU with the Busan City.

David Joseph Establishes Switzerland Office

09 June 2010 - The David Joseph Co. announced the opening of an international office in Switzerland, which will serve current and potential European customers, focusing on ferrous and ferro-alloy scrap, and exploring other opportunities to provide its services.

Emerging Markets to Drive Stainless Steel Growth

08 June 2010 - Global production of stainless steel is likely to exceed 30 million tonnes this year compared to less than 24 million tonnes in 2009, with 50% of this output likely to come from emerging markets such as China, India, the Middle East, and South America, reported the Chairman of the Bureau of International Recycling, Stainless Steel & Special Alloys Committee.