Steel News

ThyssenKrupp Steel Europe Recruits 477 New Apprentices

21 October 2009 - At the beginning of the 2009/10 fiscal year, 477 young people started an apprenticeship in the Steel Europe business area, bringing the total to 1667. The apprenticeship training rate is now 5.6%.

Evraz Acquires Carbofer Metall in Russia

21 October 2009 - Evraz Group closes the deal with Carbofer Group for the acquisition of Carbofer Metall, one of the largest Russian steel distribution networks.

NLMK Taps New Equipment for Air Quality Control

21 October 2009 - The physical-chemical laboratory at NLMK's Industrial Ecology Department has begun using a new ultraviolet gas analyzer for continuous air contamination level measurement.

MMK Increases Stake in Belon Coal Company to 82.6%

20 October 2009 - At the final transaction stage, OJSC Magnitogorsk Iron and Steel Works (MMK) increases its stake in Onarbay Enterprises Ltd, which owns 82.6% of OJSC Belon, from 50 to 100%.

Posco Again Recognized for Sustainability Report

19 October 2009 - At the Korean Sustainability Conference 2009 on October 14, Posco’s sustainability report won the grand prize in the manufacturing sector. It was the second consecutive year Posco has won the award.

Jiangsu Shagang to Expand Production Capacity with Siemens Rod Outlets

19 October 2009 - Jiangsu Shagang awards contracts to Siemens VAI Metals Technologies for two new rod outlets to increase capacity and improve product quality at its Zhangjiagang mill.

SMS Concast to Revamp Walsin Lihwa EAF for Stainless Production

19 October 2009 - Walsin Lihwa Corp. places order with SMS Concast for the revamp of its existing electric arc furnace in Yen Shui, Taiwan.

Sumitomo Metals Kokura to Upgrade Bar Mill with 3-Roll Kocks Block

19 October 2009 - Sumitomo Metals Kokura contracts Friedrich Kocks to replace the existing 3-roll finishing block of their specialty bar mill with a latest-generation 3-roll Kocks Block.

Harsco to Recycle Slag from Austrian Mills

16 October 2009 - Harsco enters new 10-year agreements between Harsco Minerals and two of Austria's leading stainless and specialty steel producers to recycle their metal-making slag into commercial applications.

BHP Billiton, Rio Tinto Update Proposed Iron Ore Production Joint Venture

16 October 2009 - Terms of the original agreement called for up to 15% of production to be sold by the joint venture, independent of BHP Billiton and Rio Tinto. Following discussions, the companies decide not to proceed with the JV marketing activity.

Severstal-metiz Opens Teci Rus and Teci Istanbul Service Centers

15 October 2009 - The Severstal-metiz Group of Companies extends service and distribution in its wire rope business by opening two service centers—Teci Rus and Teci Istanbul—in Russia and Turkey.

worldsteel Elects New Officers, Welcomes New Members

15 October 2009 - The Board of Directors of the World Steel Association elects new officers for 2009/2010 and the 2009/10 Executive Committee. The Board also welcomes two companies as new members.

Ruukki to Provide Structures for Bridge over Kyrönsalmi Strait

14 October 2009 - Ruukki signs a contract to deliver and install the steel structures for a bridge over the Kyrönsalmi strait in Savonlinna, Finland, as part of the Highway 14 development project.

Posco E&E Established for Refuse Energy Business

14 October 2009 - Posco has established Posco E&E to focus on refuse-derived fuel and electric generation, and sewage sludge-derived fuel businesses.

World Steel Association Recognizes Excellence in Safety and Health

14 October 2009 - The World Steel Association has recognized three member companies—Gerdau, Tata Steel, and Essar Steel—for excellence in their safety and health programs.

worldsteel Provides 2010 Short Range Outlook for Steel

14 October 2009 - The World Steel Association is forecasting that apparent steel use will contract worldwide by -8.6% to 1,104 million tonnes in 2009.

Tenova to Supply Carbon Baking Furnaces in China

13 October 2009 - Sinosteel Advanced Materials and Tenova LOI Italimpianti, together with LOI Thermprocess (Tianjin) for local manufacturing, sign a contract for the turnkey supply of three car bottom type furnaces and one central incinerator system to be installed at Sinosteel in Zhejiang Province, P.R. China.

Harsco Expands Services to UK Industrial Sector with New Acquisition

13 October 2009 - Harsco announces its acquisition of Nicol UK Ltd., a multi-disciplined provider of industrial insulation services, site services, and scaffolding to major clients throughout the UK.

Posco, Metinvest Sign MOU to Seek New Business Opportunities

13 October 2009 - Chairman Joon-yang Chung signs an MOU for cooperation with Metinvest Holdings, Ukraine’s largest steel company, as part of Posco’s plan to seek new business opportunities in the areas of raw materials development and the steel industry.

Shivnath Thukral to Head Essar Corporate Branding, Strategic Initiatives

12 October 2009 - The Essar Group appoints Shivnath Thukral as its Group President – Corporate Branding & Strategic Initiatives, effective October 12.