Steel News

ArcelorMittal Enters Brazilian Steel Service Centre Market

04 April 2008 - ArcelorMittal has acquired a 50% share of Gonvarri Brasil to form a steel service centre joint venture, laying the foundations for building a strong presence in the Brazilian flat steel downstream segment.

Mechel, Danieli Enter Partnership

04 April 2008 - Mechel OAO signs three-year partnership agreement with Danieli for the implementation of reconstruction and development projects at Mechel's steel subsidiaries.

ArcelorMittal Announces Final Price for ArcelorMittal Inox Brasil Offer

03 April 2008 - ArcelorMittal has confirmed that the final price of its delisting tender offer for all shares of Arcelor Mittal Inox Brasil SA will be R$ 95.25 per common share and R$ 94.70 per preferred share, as per the previously disclosed pricing mechanism.

Outotec to Supply Two Iron Ore Sinter Plants for Bhushan Steel

02 April 2008 - Outotec GmbH will supply two iron ore sinter plants for Bhushan Steel's integrated steelworks at Meramandali, Orissa, India.

PSI BT to Implement Production Management System for V&M Tubes Facility

02 April 2008 - PSI BT GmbH will implement PSImetals, a production management system, for Vallourec & Mannesmann Tubes’ tube mill in Aulnoye, France.

Tenova Installs New Automation System at Cogne Steelworks

01 April 2008 - Tenova SpA installs and starts up a new EAF automation and control system at the Cogne ACCIAI SPECIALI steelworks in Aosta, Italy.

Danieli to Supply DR-EAF Meltshops for Suez Steel and Emirates Steel Industries

31 March 2008 - Danieli will supply an innovative integrated minimill to Suez Steel in Egypt, as well as a new steelmaking complex for Emirates Steel Industries for a complex in Mussafah, in the Emirate of Abu Dhabi.

ArcelorMittal Honored as Company of the Year in Poland

31 March 2008 - The Silesian Managers' Association in the Silesia province of Poland selects ArcelorMittal Poland as the Company of the Year.

ThyssenKrupp Stahl Initiates Construction of New Krefeld Processing Center

31 March 2008 - ThyssenKrupp Stahl begins construction of a state-of-the-art flat steel processing center in Krefeld in the state of North Rhine-Westphalia, Germany.

Outotec and Geological Survey of Finland Agree to Partnership

28 March 2008 - Outotec and the Geological Survey of Finland form a partnership agreement for developing collaboration in the research and development of mineral technology.

Danieli to Provide Plate-Steckel Mill Plant for Jiang Yin Xing Cheng

28 March 2008 - Danieli to supply a plate/Steckel mill and finishing equipment for Jiang Yin Xing Cheng Special Steel Works’ existing plant in Jiang Yin City.

SMS Demag to Upgrade NLMK Hot Strip Mill

28 March 2008 - SMS Demag to further modernize the finishing train of NLMK’s hot strip mill, including the installation of CVC plus, work roll bending, and hydraulic roll-gap adjustment.

Danieli to Supply Bar and Section Mill for INCA

27 March 2008 - Danieli Morgårdshammar will supply a new 400,000-tonnes/year superflexible bar and light section mill to Industrias Nacionales, C por A (INCA) for its facility in Santo Domingo.

Rasselstein Growth Bucks Market Trend for Tinplate

26 March 2008 - Rasselstein’s CEO describes how investments have helped this ThyssenKrupp Steel subsidiary expand market share as well as total shipments, beating the prevailing market trends for tinplate.

ArcelorMittal to Acquire Additional Noble Shares

26 March 2008 - ArcelorMittal’s shareholding in Noble International will reach approximately 49.95% with the just-announced acquisition of an additional 10.31% of Noble’s shares from Chairman and founder Robert J. Skandalaris.

Vale Discontinues Negotiations for Acquisition of Xstrata

26 March 2008 - Vale and Xstrata Plc discontinue their discussions as the two parties have been unable to reach agreement on Vale’s acquisition of Xstrata.

IISI Reports World Steel Production for February 2008

21 March 2008 - Steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 106.9 million tonnes in February — 5.3% higher than for the same month of 2007.

SMS Meer to Supply Section Mill for Jiexiu Xintai Iron & Steel

20 March 2008 - Jiexiu Xintai Iron & Steel in the province of Shanxi, China, places order with SMS Meer for a new 1.2 million tonnes/year section mill.

Evraz Calls Off Yuzhkuzbassugol and Raspadskaya Merger

20 March 2008 - Evraz Group decides to terminate the merger negotiations between its fully owned coal mining subsidiary Yuzhkuzbassugol, and Raspadskaya, Russia's second-largest coking coal producer.

ThyssenKrupp Steel to Restart Blast Furnace 1 at Duisburg-Schwelgern

20 March 2008 - ThyssenKrupp Steel’s Schwelgern 1 blast furnace in Duisburg is expected to begin its fifth campaign at the beginning of April, following completion of a record downtime of only 70 days.