Steel News

Posco Opens New Processing Center in Japan

01 June 2009 - Posco opens a second Posco-Japan Kyushu Processing Center plant in Kyushu, Japan, that is expected to offer logistics services for a maximum of 400,000 tonnes of steel products per year.

Baosteel Puts Fourth Can Line into Production

01 June 2009 - Baosteel Group starts up Foshan Tin-Making Corporation, the Group’s fourth domestic seamless tin facility.

ArcelorMittal Kryviy Rih to Implement Shortened Workweeks

01 June 2009 - ArcelorMittal Kryviy Rih announces plans to reduce salary costs by implementing a reduced, three-day workweek.

Posco-Vietnam Nears Completion of Cold-Rolling Plant

29 May 2009 - Posco-Vietnam is in the final stage of construction of a cold-rolling plant near Ho Chi Minh City in southern Vietnam.

SAIL Takes Measures to Preserve Sliding Q4 Profits

29 May 2009 - SAIL reports a 37% decrease in profit for the fourth quarter of fiscal year 2008-09 vs. the year-ago fourth quarter.

ArcelorMittal Grants Acceptance Certificate for Silicon Steel Coating Line from Tenova

29 May 2009 - Tenova Strip Processing receives acceptance certificate from ArcelorMittal for the new magnesium coating line Tenova installed at the company’s Valcovny Plechu plant in the Czech Republic.

ArcelorMittal Announces EUR 2.5 Billion Bond Issue

28 May 2009 - ArcelorMittal completes pricing of two series of EUR-denominated notes for an aggregate principal amount of EUR 2.5 billion.

Saldanha Works Experiences Incident at its Corex Unit

28 May 2009 - ArcelorMittal South Africa’s Saldanha plant experiences an accident at its Corex facility that may have been caused by a leak of liquid iron through the furnace shell. No one was injured during the incident.

BlueScope to Defer Port Kembla Blast Furnace Restart

28 May 2009 - BlueScope Steel confirms that it will defer the restart of the newly relined No. 5 Blast Furnace at Port Kembla.

Siemens to Supply Four Long-Product Casters for SAIL’s Bhilai Steel Plant

28 May 2009 - Steel Authority of India Limited places an order with Siemens VAI Metals Technologies for the supply of four long-product casters to be installed at SAIL’s Bhilai Steel Plant.

Mechel Announces Extension of Bridge Loan

27 May 2009 - Mechel OAO obtains a two-month extension of its bridge loan taken to finance the acquisition of Oriel Resources (Great Britain).

NLMK Implements New Environmental Project

27 May 2009 - Novolipetsk Steel has begun to revamp the lime rotary kiln dedusting systems in its refractory shop.

Siemens Commissions New Plate Mill for Wuyang Iron and Steel

27 May 2009 - Siemens VAI Metals Technologies commissions a new 4100-millimeter plate mill for Wuyang Iron and Steel in just ten days.

ArcelorMittal Ostrava Plants 1111 Trees in the Ostrava Region

26 May 2009 - ArcelorMittal Ostrava has planted 1111 trees in the Ostrava region, delivering on its promise to plant trees in return for the plastic cups collected during last year’s ‘Colours of Ostrava’ festival.

BlueScope Plans Restart of Western Port Pickle Line

26 May 2009 - BlueScope Steel reports on plans to repair damage from the recent fire at its Western Port Pickle Line facility, which was limited primarily to four pickle tanks and the building’s roof.

Siemens to Modernize Baosteel EAF with RCB System

26 May 2009 - Siemens VAI Metals Technologies will equip an electric arc furnace in Baosteel’s Shanghai factory with a Refining Combined Burner system.

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.