Steel News

Evraz Closes First Stage of Ukrainian Assets Acquisition

15 April 2008 - Evraz Group completes the first stage of its acquisition of selected production assets in Ukraine, including greater-than-90% shareholding in the Dnepropetrovsk Iron and Steel Works and the Sukhaya Balka iron ore mining and processing complex.

OAO Severstal Reorganizes to Facilitate Growth

15 April 2008 - OAO Severstal announces a reorganization of its businesses into three principal divisions: Severstal Russian Steel, Severstal Resources, and Severstal International.

Centric Alloys to Distribute Nickel Alloys for ArcelorMittal

15 April 2008 - ArcelorMittal’s Stainless and Nickel Alloys division and Centric Alloys Corp. enter partnership for the sales and distribution of nickel alloy bar and wire rod products supplied to the North American market.

Outotec to Supply Iron Ore Pelletizing Technology for Shougang Jingtang

14 April 2008 - Shougang Jingtang United Iron & Steel contracts Outotec for the delivery of environmentally sound technology for Shougang's iron ore pelletizing plant to be built in Caofeidan, China.

Siemens to Provide Automation Drive, Equipment for Dajiang Steel Tandem Mill

14 April 2008 - Jiangsu Dajiang Metal Material contracts Siemens Metals Technologies to supply all the automation and drive equipment for rebuilding a five-stand continuous tandem mill relocated from the U.S.

Concast to Upgrade Southern Steel Berhad DC EAF and Continuous Caster

11 April 2008 - Southern Steel Berhad awards Concast AG a contract to upgrade its existing electric arc furnace and five-strand continuous caster.

ThyssenKrupp Steel Restarts Flexible Hot-Dip Coating Line at Finnentrop

11 April 2008 - ThyssenKrupp Steel has completed its modernization and restarted Hot-Dip Coating Line No. 3 at the company’s Finnentrop facility, which now features a new interchangeable pot system that accommodates both zinc and aluminum coating.

ArcelorMittal Completes Acquisition of Russian Mining Interests

11 April 2008 - ArcelorMittal has completed its acquisition of three coal mines and associated assets in Russia for total consideration of US$718 million.

Mechel Commissions Modernized Reheat Furnace at Mechel Targoviste

11 April 2008 - Mechel OAO recommissions the newly reconstructed walking-beam heating furnace at the medium-section mill at its Mechel Targoviste Romanian subsidiary.

Rautaruukki to Strengthen Service Centre Operations in St Petersburg

10 April 2008 - Rautaruukki announces plans to install a new cut-to-length line and modernize existing machinery at the Parnas service centre in northern St Petersburg.

VALE Signs MOU with JFE Steel and Dongkuk Steel

09 April 2008 - Companhia Vale do Rio Doce signs a memorandum of understanding with Japan’s JFE Steel and South Korea’s Dongkuk Steel Mill to conduct a feasibility study for construction of a steel slab plant in the Industrial District of Pecém, in the Brazilian State of Ceará.

VALE Concludes Pellet Price Negotiation with ArcelorMittal

09 April 2008 - Companhia Vale do Rio Doce (VALE) has now concluded blast-furnace and direct-reduction pellets price negotiations for 2008 with ArcelorMittal.

Air Liquide Supports New Development in ULCOS Sustainable Steelmaking Project

09 April 2008 - Air Liquide has developed, built, and tested a pilot plant at the Metallurgical Research Institute site that enables CO2 to be separated from blast furnace gases, with residual gases recovered for use in other processes.

Mechel Acquires Sole Ownership of Romanian Ductil Steel

09 April 2008 - Russia’s Mechel OAO purchases a 100% stake in Romania’s Ductil Steel for EUR 142.0 million (USD 221.0 million).

ArcelorMittal Announces Additional Investments at Gandrange

08 April 2008 - ArcelorMittal announces a range of new investments at its Gandrange site in the Lorraine region of France, and several other initiatives aimed at reinforcing its commitment to France.

Broner Metals Solutions Partners with Metsys in India

07 April 2008 - Broner Metals Solutions appoints Metsys Engineering and Consultancy as its official sales and marketing partner in India.

Stainless Steel Production Down in 07 Following Collapse of Nickel Prices

07 April 2008 - Global stainless steel production leveled out at 27.6 million tonnes in 2007—a decline of 2.9% compared to 2006—according to preliminary figures released by the International Stainless Steel Forum.

Siemens Completes Acquisition of Morgan Construction

07 April 2008 - Siemens takes over Worcester, Mass., based rolling mill specialist Morgan Construction Co.

Kobe Develops Steel Sheet that Cuts Electromagnetic Waves

04 April 2008 - Kobe Steel announces the development of a type of steel sheet that can drastically cut electromagnetic wave emissions from electronics products.

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.