Steel News

Evraz Group Appoints Chairman and CEO of Evraz Vitkovice Steel

22 May 2009 - Evraz Group announced an appointment of Zbynek Kvapik as Chairman and CEO of Evraz Vitkovice Steel, Evraz’s subsidiary in Czech Republic.

Venezuela Looks to Nationalize Tenaris Subsidiaries

22 May 2009 - Venezuela's President Hugo Chávez announces the decision to nationalize Tenaris SA’s majority-owned subsidiaries Tavsa, Matesi, and Comsigua.

ArcelorMittal Kryviy Rih Upgrades Gas and Dust Treatment Facilities

22 May 2009 - ArcelorMittal Kryviy Rih is starting up a newly reconstructed dust and gas treatment process for the treatment of dust and gas from the plant’s electric arc furnaces and forging plant.

AIS to Implement SteelPlanner for Erdemir Facilities

21 May 2009 - AIS and its local partner Siemens Turkey will implement the SteelPlanner solution covering sales, production planning, and scheduling at both of Erdemir’s operating facilities in Turkey.

World Steel Production Dips Again in April 2009

21 May 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 89.5 million tonnes in April 2009 — 23.6% lower than for the same month of 2008, and 2.9% below the previous month.

Outokumpu Issues Final Statement Regarding Export Practices to Russia

20 May 2009 - Outokumpu denies that its personnel or group company have committed any crimes in a final statement to the Finnish Customs regarding the company's export practices to Russia.

Wuhan Enters Commercial and Strategic Partnership Talks with Brazil’s LLX, MMX

20 May 2009 - Wuhan Iron and Steel enters MoU with MMX Mineração e Metálicos SA and LLX Logística SA that could lead to Wuhan’s construction of a 5 million tons/year integrated steel plant in Brazil.

China Steel Becomes First Steel Mill to Apply UNFCCC ACM0012

20 May 2009 - China Steel is the first steel mill worldwide to apply the Project Design Document issued by the United Nations Framework Convention on Climate Change.

Mechel Launches Welded Mesh Production Line in Moscow Region

19 May 2009 - Mechel Service commissions its new automated line to manufacture welded meshes in the town of Vidnoye in the Moscow Region.

Kobe Steel Details Capital Investment Plans for Fiscal 2009

19 May 2009 - Kobe Steel announces plans to invest 118 billion yen on a nonconsolidated basis to upgrade its plant and equipment in fiscal 2009, which ends March 31, 2010.

Vietnam Government Awards Investment Certificate to China Steel, Sumitomo

19 May 2009 - China Steel, Sumitomo Metal Industries, and other partners successfully obtain an investment certificate from Vietnam’s Ba Ria-Vung Tau Province for construction of China Steel Sumikin Vietnam Joint Stock Company, an advanced steel sheet project.

Tenova to Supply Push-Pull Pickle Line for Intfor

18 May 2009 - Tenova’s Strip Processing Business Unit will install a new push-pickling line and acid regeneration plant for INTFOR in Romania.

Climate Smart Steel from SSAB to Enclose Swedish Pavilion

18 May 2009 - Prelaq Energy from SSAB, a newly developed façade and roofing sheet, will enclose the buildings at the Swedish pavilion at Expo 2010 in Shanghai next year.

ThyssenKrupp Reports Six-Month Results, Full-Year Outlook

18 May 2009 - ThyssenKrupp reported earnings of €(215) million (before taxes) on sales of €21.4 billion for the first six months of fiscal 2008/2009.

JSW Steel Reports Strong Growth in April, Denies Sale of U.S. Operations

15 May 2009 - Reporting a 60% year-over-year growth in crude steel production in April, JSW Steel Limited denies the sale of any U.S. operation within the context of current market conditions.

Meishan Iron & Steel Celebrates Startup of New Blast Furnace

15 May 2009 - Meishan Iron & Steel celebrates the start-up of its new Blast Furnace No. 4 with an ignition and furnace startup ceremony.

Bluescope Steel Reports Fire at Western Port Plant

13 May 2009 - Bluescope Steel reports a fire at the Pickle Line Building at its Western Port Plant.

Tata Steel UK Meets with Lenders to Reset Debt Package

13 May 2009 - Tata Steel UK would prepay over £200 million of the non-recourse debt as part of its plan to reset the terms and conditions of its debt package.

Mechel Closes Acquisition of Bluestone Coking Coal Assets

12 May 2009 - Mechel OAO closes its previously announced acquisition of Bluestone Coal, a privately-held West Virginia-based coal businesses engaged in the mining, processing and sale of premium quality hard coking coal.

Gerdau Reports First Quarter Results

12 May 2009 - Gerdau reports first quarter net income of R$ 35 million on revenues of R$ 7.7 billion, reflecting the significant impact of the ongoing contraction in world steel demand.