Steel News

Danieli Morgårdshammar to Upgrade Stahl Gerlafingen Section Mill

17 March 2008 - Danieli Morgårdshammar will upgrade AFV Beltrame’s Grobstraße section mill with the installation of its profile sizing process as well as a new reversing breakdown mill, new ultra-flexible reversing pre-finishing mill, and new universal finishing sizing stand.

Evraz, TMK to Buy Ipsco Tubulars from SSAB

17 March 2008 - SSAB announces plans to divest Ipsco Tubulars to Evraz for $4,025 million in cash; Evraz will sell some of the U.S. based Ipsco Tubulars businesses to OAO TMK and its affiliates.

Rautaruukki to Close Raahe Works Sinter Plant by the end of 2011

13 March 2008 - Rautaruukki announced plans to close down sinter plant operations at its Raahe Works in Finland by the end of 2011 as it transitions over to 100% iron pellet feedstock for its blast furnace operations.

SMS Meer to Supply PQF Seamless Tube Mill for Vallourec & Sumitomo do Brasil

12 March 2008 - Vallourec & Sumitomo Tubos do Brasil has awarded a contract to SMS Meer to supply a new Premium Quality Finishing seamless tube plant.

Economy Industrial to Supply Casting Machines in Russia, Iceland, and U.S.

12 March 2008 - Economy Industrial, Ambridge, Pa., is producing two new casting machines for installation in Europe, as well as a pig iron casting machine for a new joint venture oxide recovery facility in Blytheville between Nucor and Heritage Environmental.

ArcelorMittal Announces Third Episode of its Web TV’s 2nd Season

11 March 2008 - ArcelorMittal announces ‘Freedom Beams’ - the third episode of ArcelorMittal Web TV’s second season, which reveals the full story behind the famous steel beams produced by ArcelorMittal for the construction of New York's iconic One World Trade Center, The Freedom Tower.

SMS Demag to Supply X-Cast Slab Caster for Salem Steel Plant

11 March 2008 - SAIL’s Salem Steel Plant awards SMS Demag a contract to supply a single-strand continuous casting machine for the production of stainless steel slabs.

Siemens to Extend Automation for Jinan Iron and Steel Plate Mill

11 March 2008 - Siemens Metals Technologies will extend the automation for Jinan Iron & Steel’s 3.5-meter two-stand plate mill in Jigang.

Tenova Goodfellow to Install EFSOP for IRO EAF

10 March 2008 - Tenova Goodellow will install its EFSOP Holistic Optimization system for Industrie Riunite Odolesi’s EAF meltshop in Odolo, Italy.

Siemens Starts up First LiquiRob Robot System on New Posco Slab Caster

10 March 2008 - Siemens has started up its first LiquiRob robot system at Posco’s Gwangyang Steel Works on the caster platform of the new twin-strand Slab Caster CCM 2-3.

SMS Demag to Supply Coiler for Ternium Siderar

10 March 2008 - SMS Demag will supply a new downcoiler for Ternium Siderar’s hot strip mill in San Nicolas, close to Buenos Aires.

Nippon Steel Releases Forecast for Fiscal 2007 Operating Results

07 March 2008 - Nippon Steel releases its forecast for operating results for fiscal 2007, which runs through March 31, 2008.

Vale, Arcelor Mittal Agree to 65% Increase for 2008

07 March 2008 - Companhia Vale do Rio Doce concludes its iron ore fines price negotiations for 2008 with ArcelorMittal, resulting in a 65% increase in prices for Southern System fines.

ArcelorMittal Announces Resignation of a Director

07 March 2008 - ArcelorMittal announces the resignation of Romain Zaleski from its board of directors.

Acerinox and Nisshin Steel to Build Stainless Mill in Malaysia

07 March 2008 - Long-time venture partners Acerinox SA and Nisshin Steel announce they will build a new integrated stainless steel production plant in Malaysia.

Kocks to Supply Reducing & Sizing Block for Dongbei Mill Upgrade

06 March 2008 - Kocks will supply a 3-roll Reducing & Sizing Block as part of the conversion of Dongbei Iron and Steel’s wire rod and bar mill into a pure bar mill.

ArcelorMittal Launches Offer for ArcelorMittal Inox Brasil

06 March 2008 - ArcelorMittal has launched its delisting tender offer for all of the outstanding shares in Arcelor Mittal Inox Brasil SA, which was formerly known as Acesita SA.

Siemens to Modernize Caster for ThyssenKrupp Steel

04 March 2008 - ThyssenKrupp Steel places order with Siemens Metals Technologies to modernize the continuous caster at the Duisburg-Bruckhausen facility’s oxygen steelworks.

Mechel Indicates Interest in Oriel Resources Company

04 March 2008 - Mechel OAO announces interest in acquiring Oriel Resources Plc, a London-based miner and processor of chrome and nickel.

SMS Demag Takes X-Melt Ladle Furnace into Operation at Georgsmarienhütte

04 March 2008 - SMS Demag takes the 140-tonne X-Melt ladle furnace supplied to Georgsmarienhütte GmbH into operation.