Steel News

Stalatube Expands Product Range to Stainless Flat Bars

16 November 2009 - Stalatube is expanding its product range to stainless flat bars to complement the current stainless steel structural tube products. The new flat bar manufacturing will require additional investment that will be implemented during Q4 2009.

Essar Steel Completes Acquisition of Color Coating Facility

16 November 2009 - Essar Steel has completed the acquisition of steel assets of Shree Precoated Steels Ltd. The facility—claimed to be the only plant in India that uses near-infrared technology for color coating—has since become part of Essar Steel.

Large Billet Saw Goes into Operation at Otto Fuchs

16 November 2009 - Hertwich Engineering successfully commissioned its largest billet saw to date at Otto Fuchs KG in September. This saw plant is designed to process cast billets with a diameter of 700 mm and weight up to 7 tonnes.

ArcelorMittal Acquires Additional Stake in ArcelorMittal Ostrava, a.s.

16 November 2009 - ArcelorMittal signs an agreement to acquire a 13.881% stake in ArcelorMittal Ostrava, a.s. from a subsidiary of PPF Group N.V., increasing its stake in the Czech steelmaker to approximately 96.4%.

Outokumpu to Close Production Site in Veteli, Finland

16 November 2009 - Outokumpu announces plans to close its production site in Veteli, Finland, as part of the ongoing restructuring of its Stainless Tubular Business Unit, OSTP.

Volunteers from Frýdek Rolling Mills Help Town with Cleaning

13 November 2009 - Ten employees of the ArcelorMittal Frýdek-Místek rolling mills are teaming with the Community Services of Frýdek-Místek to clean and maintain the premises of 5th and 9th primary schools in town.

SAIL Conducts Interactive Awareness Sessions

12 November 2009 - Steel Authority of India Ltd. organized various interactive sessions at its different plants and units across India as part of Vigilance Awareness Week, which focused on effective preventive measures through system improvements and use of IT to fight corruption.

ThyssenKrupp Presents Automotive R&D Project

11 November 2009 - ThyssenKrupp engineers from the Steel Europe and Components Technology business areas have developed 35 innovations for auto manufacturers through the InCar research project. The first parts are being tested by customers for introduction into production.

Corus Introduces Product for Renewable Energy Sector

11 November 2009 - Corus unveils a new high-quality steel product used in the construction of wind towers following development work at its UK research labs.

New Order for Tenova LOI Italimpianti in Saudi Arabia

11 November 2009 - The Tenova LOI Italimpianti business unit wins an order for the ArcelorMittal Tubular Products Jubail, in al Jubail Kingdom of Saudi Arabia, for a seamless pipe mill.

Ruukki is Steel Structure Contractor for E6 Project

10 November 2009 - Ruukki will deliver steel structures for three road bridges and a railway bridge for the E6 road project in Sweden. Fabrication of the bridges is scheduled to begin in late 2009, with the last installations scheduled for spring 2011.

JSW Posts 34% Increase in Crude Steel Production

10 November 2009 - JSW Steel Ltd. reports crude steel production of 453,000 tonnes for October 2009, growth of 34% compared to the 338,000 tonnes produced last October.

Tata Steel Registers Increases in Production, Sales

10 November 2009 - Tata Steel completed October with production increases of 17% for hot metal, 22% for crude steel, and 27% for saleable steel compared to the corresponding month of last year. It also recorded a 38% sales increase vs. last October.

ThyssenKrupp GfT Gleistechnik to Supply Iraq’s Rail Network

09 November 2009 - ThyssenKrupp GfT Gleistechnik has been awarded by the Iraq Ministry for Transport and Railway Companies a contract for 30,000 tonnes of rails needed in the general renewal of the nation’s network. The 18-meter long rails, type UIC 60, will be shipped to Basra by the end of 2009.

Outokumpu Awarded for Corporate Responsibility Reporting

09 November 2009 - Outokumpu has been ranked best in the Finnish corporate responsibility reporting review for the second time. The company's report focused on listening to stakeholders, the global economic downturn, climate change mitigation, wellbeing, and safety.

SAIL Signs MOU with BITS-Pilani

09 November 2009 - Steel Authority of India Ltd. signs a memorandum of understanding with Birla Institute of Technology & Science, Pilani, focusing on the collaboration between the two institutions to promote academic and research interactions.

Posco Develops Ultra High Strength Steel for Automobiles

09 November 2009 - Posco develops pickled and oiled steel sheets of 980-MPa-class ultra high strength steel that can withstand pressures of 100 kg/mm2, in response to the automotive industry trend to apply lightweight parts to increase fuel efficiency.

Vale, Usiminas Partner on Rail and Port Logistics

09 November 2009 - Vale and steelmaker Usiminas sign contracts to transport 10.1 million tonnes of raw materials and finished products per year using Vale's logistics infrastructure. The contracts provide for the use of a port terminal and two railways for the next three years.

Bajaj Named Managing Director at SAIL Plant

06 November 2009 - Punkaj Kumar Bajaj takes over as the new Managing Director of SAIL, Durgapur Steel Plant, effective November 1. He replaces V. Shyamsundar.

Ruukki Expands into Turkey

06 November 2009 - Ruukki is to open its first sales office in Turkey, resulting in improved customer service and shortened delivery times. The company now has operations in 27 countries.