Steel News

SMS Demag to Supply X-Roll Cold Mill for ThyssenKrupp AST

22 April 2008 - SMS Demag will supply a new 20-roll cold rolling mill to ThyssenKrupp Acciai Speciali in Terni, Italy, for the production of stainless steel strip; ABB will supply the electrical equipment.

Stahl Gerafingen Restarts Siemens-Upgraded Finger-Shaft EAF

21 April 2008 - Stahl Gerafingen restarts their finger-shaft electric arc furnace following an extensive upgrade by Siemens Metals Technologies to increase productivity and reduce emissions.

BE Group AB Granted Regulatory Approval for Thin Plate JV with ArcelorMittal

18 April 2008 - The European Commission clears BE Group’s acquisition of 50% of ArcelorMittal SSC AB, taking the two companies one step closer to formation of their proposed joint venture for processing and sales of thin plate in Sweden.

Ternium, Venezuelan Government Plan for Sidor Nationalization Process

18 April 2008 - Following confirmation of the Venezuelan government's decision to nationalize Sidor, Ternium SA has announced that Ternium, Sidor and the Venezuelan government have entered into an agreement for the creation of a transition committee.

Tenova Pyromet to Supply Furnace for Elkem Solar

17 April 2008 - Tenova Pyromet will supply a 3.5-MVA furnace featuring its Maxicool intensive cooling system for Elkem Solar.

Steel Group Launches Global CO2 Emissions Data Collection Project

16 April 2008 - IISI implements Phase 2 of its global sectoral approach to climate change for the steel industry, which centers on the secure collection of CO2 emissions data from steel operations worldwide.

IISI Provides Short Range Outlook for Steel Industry

16 April 2008 - In its just-released short-range outlook, the International Iron and Steel Institute forecasts that 2008 will still be another strong year for the steel industry, with apparent steel use projected to rise 6.7%, to 1282 million tonnes in 2008.

NLMK Upgrades Steelmaking Facilities

15 April 2008 - Novolipetsk Steel announces completion of the project to refurbish its continuous casting machine CCM-4, which has been commissioned with a new slab capacity of 2 million tonnes per year at the company’s main production site in Lipetsk.

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.