Steel News

NLMK Begins Next Stage of BOF System Upgrade

21 August 2009 - Novolipetsk Steel enters the next stage of reconstructing the gas exhaust ducts for its Basic Oxygen Furnaces.

July World Steel Production Highest of the Year

21 August 2009 - World crude steel production for the 66 countries reporting to the World Steel Association was 103.9 million tonnes in July — down 11.1% compared to the same month last year but still the highest monthly production figure posted in 2009.

Evraz Offer for Delong Lapses

19 August 2009 - Evraz Group’s put and call options expire on its previous share purchase agreement to acquire up to 51% of steelmaker Delong Holdings Limited, China.

Bricmont to Supply Walking Beam Furnace for Bhuvee Profiles and Stainless

18 August 2009 - Bhuvee Profiles and Stainless awards Bricmont a contract to supply a 160-tonnes/hour walking beam furnace for their mill in Angul, India.

BlueScope Steel Reports FY2009 Results

18 August 2009 - BlueScope Steel announced a reported net loss after tax (NLAT) of A$66 million and an underlying net profit after tax (NPAT) of A$56 million for its FY2009.

Bricmont to Upgrade Ispat Industries Tunnel Furnace for Dual Fuel

17 August 2009 - Ispat Industries, India, awards Bricmont a contract to convert their existing tunnel furnaces to dual fuel capacity.

ThyssenKrupp Reports Third Quarter Results

17 August 2009 - ThyssenKrupp reports a pretax loss of €(772) million on sales of €9.3 billion for the third quarter, and a pretax loss of €(987) million on sales of €30.7 billion for the first nine months of its fiscal year 2008/2009.

Evraz Issues New Shares in Favor of Lanebrook

14 August 2009 - Evraz Group SA announces the issue of 7.33 million shares in favor of Lanebrook, the company’s controlling shareholder.

Siemens to Provide Maintenance for Nanjing Iron and Steel Slab Casters

14 August 2009 - Nanjing Iron and Steel (NISCO) signs a roller refurbishment contract with Siemens VAI (Taicang) Manufacturing Co. for two continuous slab casters.

MMK Starts Production at Sosnovsky Iron Ore Deposit

13 August 2009 - The Magnitogorsk Iron and Steel Works OJSC officially commences production at its Sosnovsky deposit, which has estimated reserves of 70 million tonnes of iron ore.

Arvedi ESP Line Starts Endless Strip Production

13 August 2009 - Arvedi ESP commences endless production of hot-rolled coils in a thin-slab casting/rolling plant directly from liquid steel using Arvedi technology implemented by Siemens VAI Metals Technologies.

Baosteel Ranked 3rd in List of World-Class Steel Enterprises

12 August 2009 - Baosteel Group is ranked third in a list of 2009 world-class steel enterprises recently published by World Steel Dynamics.

Mechel Announces New CEO for Mining Management Subsidiary

12 August 2009 - Mechel OAO announces the appointment of a new Chief Executive Officer at its Mechel Mining Management Company subsidiary.

Posco Receives Best Partner Award from Nitparts

11 August 2009 - Nitparts has honored Posco with its ‘Best Partner Award’ for stable and consistent supply of high quality automotive steel sheets.

Siemens VAI Restarts AOD Converters in Record Time for ThyssenKrupp Nirosta

11 August 2009 - Siemens VAI Metals Technologies starts up two new exchange-type AOD converters for ThyssenKrupp Nirosta with all installation work carried out within only three weeks' time.

Mechel, Mitsui Sign Memorandum of Cooperation

11 August 2009 - Mechel OAO signs a Memorandum of Cooperation with Mitsui covering marketing and sale of metal and related resources as well as joint investment projects in primary goods production.

Posco-CSPC Sets New Monthly Sales Record

10 August 2009 - Posco’s automotive center in China achieves a monthly sales volume of 35,100 in July, its highest monthly sales total since operations began in 2004.

Tata Steel Celebrates 50 Years of Operation for Sinter Plant No. 1

10 August 2009 - Tata Steel celebrates the Golden Jubilee of Sinter Plant No. 1 at the Jamshedpur Works.

Baosteel Stainless Steel Enters Luzhou Liquor Industry

10 August 2009 - Baosteel International West Area signs its first supply contract with Sichuan Luzhou Liquor Industry for 2000 tonnes hot rolled pickled stainless steel.

ThyssenKrupp Nirosta Invests in Eco-Friendly Converter Upgrade

10 August 2009 - ThyssenKrupp Nirosta completely modernizes its converter facilities in Krefeld to result in lower pollution in the area around the plant.