Steel News

ArcelorMittal and Novaled Pursue Joint OLED Development

17 October 2007 - ArcelorMittal and Novaled join forces for a new Organic Light Emitting Diode project using ArcelorMittal’s steel plates as the substrate to achieve remarkable properties for bendable OLED applications.

General Steel Holdings Retains HC International

16 October 2007 - General Steel Holdings, one of China's leading non-state owned steel products producers, retains HC International to design and execute its investor relations campaign.

Danieli to Upgrade ANDEC Steelworks in Ecuador

16 October 2007 - Danieli Centro Met to supply a new 25-tonne ladle furnace and a fume dedusting plant for Acerias Nacionales del Equador’s steel works in Guayaquil, Equador.

Posco Starts Construction of Galvanized Sheet Plant n Mexico

16 October 2007 - Posco recently held a groundbreaking ceremony to celebrate the start of construction of a new galvanized steel sheet plant in Eastern Mexico that will produce 400,000 tons per year of high-end material for automotive applications.

ArcelorMittal Expands Presence in China

16 October 2007 - ArcelorMittal has acquired a 90% stake in Rongcheng Chengshan Steelcord, a privately owned steelcord wire drawing company based in China’s Shandong Province.

CVRD to Invest US$ 11 Billion in 2008

15 October 2007 - Companhia Vale do Rio Doce’s Board of Directors approves an investment budget of US$ 11.0 billion for 2008, representing the largest annual investment program ever undertaken by CVRD or by any mining company in the world.

ArcelorMittal Reports Status of Share Buyback Program

12 October 2007 - ArcelorMittal reports that it has repurchased 721,000 shares under the new share buy-back program that was announced on September 13, 2007.

IISI Reveals Short-Range World Steel Outlook for 2007, 2008

12 October 2007 - The International Iron and Steel Institute releases world steel production forecasts for 2007 and 2008 during its recent 41st Annual Conference of IISI Members in Berlin.

AIS Implements BetaPlanner for New voestalpine Stahl Reheat Furnace

11 October 2007 - AIS successfully completed its implementation of the SteelPlanner reheat furnace optimization module for voestalpine Stahl’s new reheat furnace project in Linz, Austria.

IISI Elects New Officers, Welcomes New Members

11 October 2007 - The IISI Board of Directors welcomed the incoming 2007-2008 Chairman, Posco’s Ku-Taek Lee, as well as the distinguished new group that will serve on IISI’s 2007-2008 Executive Committee. The organization also welcomed a number of new regular, associate, and affiliated members.

LME Confirms First Steel Billet Brands

11 October 2007 - The LME confirms the first billet brands that will be deliverable for its two regional steel billet futures contracts for the Mediterranean and Far East.

ArcelorMittal to Rebuild Liège Steel Plant

11 October 2007 - ArcelorMittal announced plans to rebuild an integrated steel plant in Liège, Belgium, a move the company says was prompted by stronger-than-expected demand in the region.

ArcelorMittal Moves Closer to Shareholder Meetings

10 October 2007 - ArcelorMittal announces publication of the convening notices for an Extraordinary General Meeting of ArcelorMittal shareholders and an Extraordinary General Meeting of Arcelor shareholders.

Morgan to Upgrade Two Australian Mills

09 October 2007 - Smorgon Steel, part of OneSteel in Melbourne, contracts Morgan Construction to upgrade both the bar mill and rod mill at its North Laverton facility in Australia.

Danieli Wean United to Supply Hot-Dip Galv Line for Tezcan

09 October 2007 - Danieli Wean United to supply a 400,000 tonne/year hot-dip galvanizing line for Tezcan Galvanizli Yapi Elemanlari Sanayi Ve Ticaret AS in Turkey.

AIS to Supply Slab Yard Management System for SSAB Tunnplåt

09 October 2007 - SSAB Tunnplåt contracts the AIS Group to implement its Slab Yard Management system on two of the company’s slab yards in Borlänge, Sweden.

Mechel Acquires Controlling Stakes in Yakutugol OJSHC and Elgaugol OAO

09 October 2007 - Mechel OAO announces its acquisition of 75% less one share of Yakutugol OJSHC and 68.86% of the shares of Elgaugol OAO.

Linde Expands Gas Supplies for voestalpine

08 October 2007 - The Linde Group enters into a long-term supply agreement with Austrian steel producer voestalpine to deliver industrial gases to the company’s Linz, Austria, production site.

Danieli Morgardshammar to Upgrade Ovako Imatra Rolling Mill

08 October 2007 - Danieli Morgardshammar will upgrade Ovako Imatra’s 250,000-tonne/year heavy section mill by replacing the mill’s old housing-type blooming stand with a new 830-mm diameter housingless-type reversing blooming stand and auxiliaries.

Siemens to Supply Plate Mill for Dongkuk

08 October 2007 - Siemens Metals Technologies will supply the entire mechanical equipment and automation system for a new 5-meter wide plate mill for Dongkuk Steel Mill.