Steel News

SAIL Receives Award for Corporate Responsibility

10 December 2009 - Steel Authority of India Ltd. was recently conferred with the eleventh NCPEDP-Shell Helen Keller Award, presented in the Role Model – Organization category for SAIL's commitment toward improving employability of disabled persons.

NLMK Establishes Long Products Management Company

10 December 2009 - NLMK has established a new subsidiary, LLC NLMK-Long Products, to enhance the management of its long products business. The new company’s functions include the operation of all business processes, financial and commodity flows of long products.

Chinese Copper-Rod Producer Places Order with SMS Meer

10 December 2009 - Shandong Jinsheng has placed an order with SMS Meer for the supply of a complete continuous casting and rolling plant. The CONTIROD plant is the second of its kind supplied to Shandong Jinsheng, which has been using the technology since 2001.

ArcelorMittal Ostrava Employees Help Non-profits

09 December 2009 - ArcelorMittal Ostrava employees recently worked in 24 non-profit organizations within their company volunteering program. The 136 volunteers assisted in special elementary schools, charity homes, orphanages, hospices, social service centers, and at the Ostrava Zoo.

Ruukki to Adjust Construction and Engineering Operations in Finland

09 December 2009 - Ruukki plans to streamline the organizational structure and operating model of its construction operations at plants in Vimpeli, Alajärvi, and Peräseinäjoki. It also plans to transfer the manufacture of engineering components from Peräseinäjoki to other units.

MMK Phases-in New HSS Grades for Automotive

09 December 2009 - MMK's Rolling Shop #5 produced and shipped in November a trial lot of cold rolled strip from 220 strength class rephosphorized steel, which is characterized by a phosphorus content of up to 0.12%, to the Avtovaz car plant.

worldsteel Calls for Iron Ore Competition Review

09 December 2009 - The World Steel Association has called for competition authorities to examine the impact of the proposed joint venture between Rio Tinto and BHP Billiton, noting that a consequence would be that almost 70% of world seaborne iron ore exports would be controlled by the new JV and Vale.

AIC Commissions Wire Rod Plant for Univers Acier

08 December 2009 - Automazioni Industriali Capitanio concludes startup of the electrical portion of a complete twin-strand wire rod mill for Univers Acier.

JSW Posts 123% Growth in Crude Steel Production

08 December 2009 - JSW Steel reports crude steel production of 480,000 tonnes for November 2009 compared to 215,000 tonnes in the corresponding month last fiscal year, up 123%.

Posco to Construct Integrated Steel Mill in Indonesia

08 December 2009 - Posco signs a memorandum of agreement with Indonesia’s state-run steelmaker Krakatau Steel to construct an integrated steel mill with an annual production capacity of 6 million tonnes.

Rio Tinto, BHP Billiton Sign Binding Agreements on Iron Ore Production JV

08 December 2009 - Rio Tinto and BHP Billiton have signed binding agreements on their proposed production joint venture covering both companies' entire Western Australian iron ore assets and liabilities, covering all aspects of how the JV will be operated and governed.

Tata Steel Registers Production and Sales Growth

08 December 2009 - Tata Steel completes November with production increases of 2% for hot metal, 2% for crude steel, and 16% for saleable steel compared to the corresponding month of last year.

Broken Contract Leads to Mothball of Teesside Plant

07 December 2009 - Corus says that an international consortium has broken a binding contract that has led to the partial implementation of a proposal announced in May 2009, mothballing some of the facilities belonging to the Teesside Cast Products business in northeast England.

Ruukki Signs Two Infrastructure Construction Contracts

07 December 2009 - Ruukki has signed a steel structure contract for the delivery of the foundation piles for the Särkijärvi bridge in Tampere, Finland. The company will also deliver almost 6 km of large diameter steel pipe piles fitted with rock shoes for the foundations of more than 20 bridges in the highway 5 improvement project in Kuopio, Finland.

ZPSS Receives Environmental Incentives from City Government

07 December 2009 - Zhangjiagang Pohang Stainless Steel recently received environmental incentives from the Zhang Jiagang Municipal Government. The grant is given by provincial or municipal governments to companies with leading environmental protection practices.

ThyssenKrupp MetalServ Established

04 December 2009 - ThyssenKrupp Group has, within the Materials Services business area, reorganized and merged its central domestic materials trading business activities under ThyssenKrupp MetalServ GmbH, effective October 15.

Redaelli Opens Wire Rope Production Facility in Italy

04 December 2009 - Redaelli has opened a new manufacturing facility in Trieste that will produce what it claims to be the largest wire ropes in the world. The facility will have the capacity to produce cables that weigh over 550 tonnes and are 175 mm in diameter.

Anti-Noise Screens Significantly Reduce Noise in Bartovice

04 December 2009 - ArcelorMittal Ostrava has erected three anti-noise screens that separate the Bartovice marshalling yard from the residential zone. A second stage of noise-reduction actions, planned for 2010, will include the erection of a fourth screen.

Mechel Announces Three Year Continuation of VTB Bank Loan

04 December 2009 - Mechel OAO and VTB Bank reach agreement for a three-year prolongation of the 15 billion rubles loan granted to Mechel in 2008.

Posco Sustainability Report Wins Gold Prize

03 December 2009 - Posco’s 2008 sustainability report has received the gold prize for the 2009 Spotlight Awards from the League of American Communications Professionals. The company also won a bronze prize in the Most Creative area.