Steel News

SMS Demag Commissions Wide Slab Caster for Jindal Steel & Power

05 October 2007 - SMS Demag commissions a continuous casting installation at Jindal Steel & Power’s Raigarh works that is capable of producing the thickest and widest slabs in India.

Siemens Metals Technologies Acquires Remaining Shares in Shape Technology

04 October 2007 - Siemens Metals Technologies has taken over the remaining 50% of Shape Technology Ltd., a U.K. based provider of mechatronic instruments used to measure and record metal shape and profile conditions.

Reliance Completes Acquisition of Metalweb

03 October 2007 - Reliance Steel & Aluminum completes its purchase of Metalweb plc, a Birmingham, England, based metal service center with three additional centers in England.

ArcelorMittal to Launch Offer for Outstanding Shares of Acindar

03 October 2007 - In an effort to strengthen its position in Argentina, ArcelorMittal announces its intention to launch a cash offer for the remaining 34.7% of outstanding shares in Acindar, representing a potential total transaction value of AR$1708 million.

Danieli to Upgrade Bar and Rod Mill at SN Longos Seixal

02 October 2007 - Danieli will execute a major upgrade of SN Longos Sexial’s wire and rod mill, including the installation of a new high-speed straight bar production outlet, a new spooler line, and a new single-strand roughing mill for heavier billets.

ArcelorMittal and ThyssenKrupp Steel Call it quits for STEEL 24-7 Venture

01 October 2007 - ArcelorMittal and ThyssenKrupp Steel are closing their jointly operated STEEL24-7 e-commerce platform.

GE Energy to Supply Combined Cycle Power Gen Units for Wuhan Blast Furnace

28 September 2007 - GE Energy signs contract with Wuhan Iron and Steel to supply the first large-size blast furnace gas fired combined-cycle power generation project in China.

Danieli to Provide Cold Mill Complex for Acciaieria Arvedi

27 September 2007 - Danieli will supply a complete new cold mill complex to Acciaieria Arvedi, including a push-pull pickling line, a coupled continuous pickling line and tandem mill, and two hot dip galvanizing lines.

ArcelorMittal Moves toward Second-Step Merger

27 September 2007 - ArcelorMittal and Arcelor announced further details on the merger of ArcelorMittal into Arcelor, including share capital restructuring and publication of the related legal documentation.

Praxair to Supply Oxygen for JSW Steel’s Vijaynagar Facility

26 September 2007 - Praxair will build and operate a state-of-the art, 1800-tonnes-per-day air separation plant to support the expansion of JSW Steel’s steel plant in Vijaynagar from 6.8 to 10 million tonnes per year by 2010.

SMS Meer to Supply Largest-Ever Welded Tube Plant for Jiangbei Steel Processing

25 September 2007 - Jiangbei Steel Processing and Logistics, part of the WISCO steel group, places an order with SMS Meer to supply a 26-inch high-frequency welded tube plant capable of producing up to 350,000 tonnes of pipes per year, the largest of its kind in the world.

Danieli to Supply Jumbo-Size EAF Meltshop for Tokyo Steel

25 September 2007 - Danieli Centro Met will supply a complete new 2.6 million tonnes/year meltshop for Tokyo Steel that will feature a 420-tonne DC EAF equipped with Consteel and supported by a comparably sized  ladle furnace and vacuum system.

ArcelorMittal Reports Status of Share Buyback Program

25 September 2007 - ArcelorMittal has repurchased 4,175,000 shares through September 19 under the new share buy-back program that was announced on September 13.

SMS Meer to Provide Three-Roll Piercer for Mannesmannrohr Sachsen

24 September 2007 - SMS Meer will convert V&M Deutschland’s push-bench plant at the Zeithain Works into a cross-roll piercing and elongating plant with the installation of a three-roll piercer.

Danieli to Rebuild Mechel Steelmaking Plant and Slab Caster

24 September 2007 - Danieli will provide a major revamp of the single-strand slab caster at Mechel Group’s Chelyabinsk Metallurgical Plant, including complete reconstruction of the existing caster, as well as the installation of a ladle furnace, vacuum degasser, and new material handling system.

SMS Meer to Upgrade Rohrwerk Maxhütte Stretch-Reducing Mill

24 September 2007 - Rohrwerk Maxhütte contracts SMS Meer to repair and modernize an existing stretch-reducing mill at Sulzbach-Rosenberg, including the supply of additional rolls stands and upgrades to the mill’s drives, automation systems, and rotary saw.