Steel News

Tenova Stainless Steel Line in Service at ThyssenKrupp Terni

15 January 2010 - Tenova Strip Processing successfully starts up the annealing and pickling line (no. 4) for the treatment of both hot and cold rolled stainless steel at ThyssenKrupp Acciai Speciali, Terni, Italy.

ArcelorMittal Awards MORE an EAF Equipment Contract

15 January 2010 - MORE srl signs an agreement with ArcelorMittal South Africa for the installation of Module Technology chemical energy package equipment at the company’s Vanderbijlpark Works’ three electric arc furnaces. The contract was won by MORE in cooperation with Linde.

Siemens to Upgrade Caster Capacity at Nizhny Tagil

15 January 2010 - Nizhny Tagil Iron & Steel Works contracts Siemens VAI Metals Technologies to increase the casting capability of its existing two-strand beam-blank/bloom combi-caster, CCM3, by an additional 300,000 tonnes/year.

ArcelorMittal Ostrava Gives Pupils Interactive Boards, Computers

14 January 2010 - Representatives of ArcelorMittal Ostrava have given the basic school in Datyňská Street in Vratimov an interactive board with accessories worth CZK 95 thousand. Another school on Masaryk Square in Vratimov will receive five computer sets worth CZK 72 thousand.

Corus to Consider Trade Union Proposal at Teesside

14 January 2010 - At the first meeting of the Teesside Cast Products (TCP) Joint Management and the Trade Union (TU) Task Force, Corus agrees to consider a TU proposal to extend TCP’s operating program and postpone partial mothballing to the end of February.

Massey Energy, Jindal Steel & Power Enter MoU for Mine Development, Operation

13 January 2010 - Massey Energy signs memorandum of understanding with Jindal Steel & Power Limited under which the parties will bid for the development and operation of underground coal mining projects.

ArcelorMittal Inaugurates Upgraded Pickling Line in Poland

13 January 2010 - ArcelorMittal and Tenova Strip Processing celebrate the inauguration of the company’s upgraded continuous pickling line in Krakow, Poland.

Baoji Petroleum Steel Pipe to be 1st Chinese Manufacturer of Stretch-Reduced Welded Tube

13 January 2010 - Friedrich Kocks will supply a stretch reducing block and rotating hot saw for Baoji Petroleum Steel Pipe’s new welded tube plant being constructed in Baoji, China.

Danieli, Tenova HYL to Supply Energiron DR Plant to EZZ Rolling Mills

12 January 2010 - EZZ Rolling Mills, Egypt, signs contracts with Danieli & Co. and Tenova HYL, for the turnkey supply of a 1.9 million tonnes/year ENERGIRON III direct reduction plant.

Posco TRIZ University to Open

12 January 2010 - Posco plans to open Posco TRIZ University on February 1 to enhance creative problem-solving abilities of employees. The company plans to link the education with improvement in management results.

Case Transfer for Rio Tinto Employees

12 January 2010 - Rio Tinto says the Chinese Public Security Bureau, which is investigating the four Shanghai employees detained on July 5, 2009, has transferred the case to the People's Procuratorate.

SAIL Dealers Achieve Record Sales

12 January 2010 - During the first nine months of the current financial year, the Steel Authority of India Ltd. (SAIL) dealer network achieved sales of 417,000 tonnes—a year-over-year growth of 23%—and registered double-digit growth in each of the four regions.

Changes in Tata Steel Senior Management

11 January 2010 - Tata Steel recently announced changes to its senior management, effective from April 1, 2010, including the retirements of Arun Baijal, Group Director (Global Mineral Resources), and B K Singh, Vice President (Orissa project).

Posco to Continue Global Expansion

11 January 2010 - Posco plans to build more facilities in its foreign units this year to fulfill its goal of advancing to broader overseas markets. For example, the company plans to break ground in March on a new continuous galvanizing line plant in India with an annual capacity of 400,000 tonnes.

Baosteel Leadership Training Center under Construction

11 January 2010 - Baosteel has started construction on its leadership development center in Changshu Municipality, Jiangsu Province. Major construction is expected to be completed in just under a year.

Posco to Utilize IT Innovations to Reshape Business

08 January 2010 - Posco distributes smartphones to its directors and executive officers, enabling them to perform multiple tasks such as send e-mails, pay expenses, check schedules, and even search for people. The company plans to add more functions in the future.