Steel News

Average Nickel Content Declining in Stainless Steels

02 May 2007 - MEPS reports that high nickel prices are prompting buyers of austenitic stainless steels to actively seek alternative grades or other materials, a trend that could have long-term implications.

Croatian Government Accepts CMC’s Mill Bid

30 April 2007 - Commercial Metals announced that its second bid to acquire Valjaonica Cijevi Sisak (VCS) has been accepted by the Croatian Privatization Fund and Croatian government. The April 17, 2007 bid was submitted via Swiss subsidiary, Commercial Metals International AG.  

Danieli to Provide Bloom and Billet Grinding Lines for Baosteel

29 April 2007 - Baosteel has placed an order with Danieli Centro Mask to install a bloom-conditioning line that will increase the plant’s conditioning capacity to over 0.5 million tonnes/year.

SMS Meer to Provide Axial Closed-Die Rolling Machine for JSC Siajar

29 April 2007 - JSC ‘Siajar’—the trading organization of the Russian republic of Mordovia—has placed an order with SMS Meer, Germany, to supply an AGW 200E axial closed-die rolling machine to produce near-net-shape blanks and axially splined discs.

Danieli to Supply New QTB Line for Siderurgica Sevillana

29 April 2007 - Siderurgica Sevillana, Spain, part of the Riva Group, recently contracted Danieli to supply a new QTB quenching and self-tempering line for its No. 2 Bar Mill.

Siemens to Supply Automation Equipment for Chengde Hot Mill

29 April 2007 - Metals Technologies, a Division of the Siemens Industrial Solutions and Services Group, recently received an order from Chengde Iron and Steel Group to supply the automation system for a new 1700-mm hot-strip that will produce more than four million tonnes of high-quality steel strip per year in widths up to 1700 mm.

Praxair Licenses 100th EAF CoJet System to Nanjing Iron & Steel

29 April 2007 - Praxair has licensed its 100th patented electric arc furnace CoJet gas injection system to Nanjing Iron & Steel United Co., marking the fourth major Chinese steel manufacturer in two years to choose the CoJet system for electric arc furnaces.

SMS Meer to Supply Wire Rod Outlet for Hunan Valin Xiangtan I&S

29 April 2007 - Hunan Valin Xiangtan Iron & Steel Ltd., China, has placed an order with SMS Meer, Germany, for a new high-speed wire rod outlet, including cantilever stands, rotary shears, six-stand wire rod block, four-stand flexible reduction and sizing block, pinch roll unit, and loop laying head.

Mittal Steel Poland Operating Upgraded Wire Rod Mill

29 April 2007 - Mittal Steel Poland is successfully operating its Danieli-upgraded double-strand wire rod mill in Sosnowiec, following the installation of a new walking beam furnace, high speed roughing mill, on line heat treatment, and coil-forming/coil finishing facilities.

Siemens to Supply Skinpass Mill for Jisco

29 April 2007 - Jiuquan Iron & Steel Group recently placed an order with the Siemens Industrial Solutions and Services Group to supply a new four-high skinpass mill that incorporates an uncoiler with automatic coil positioning and centering and an automatic elongation control system.

IISI Reports World Crude Steel Production for March 2007

27 April 2007 - Figures released by the International Iron and Steel Institute show that world crude steel production for the 67 countries reporting stood at an estimated 110.9 million tonnes in March — 8.6% higher than for March 2006.

Air Liquide Widens Offerings with the Purchase of Lurgi

23 April 2007 - Air Liquide announced the acquisition of the engineering firm Lurgi from Global Engineering Alliance based on an equity value of approximately 550 million euros.

TMK Standardizes on Broner MES for its Russian Pipe Mills

22 April 2007 - TMK has standardized on Broner MES technology to improve production monitoring and control at each of its four pipe mills in Russia.

Linde to Install ReBox Technology for Ascometal Reheat Furnaces

22 April 2007 - Air Liquide announced the acquisition of the engineering firm Lurgi from Global Engineering Alliance based on an equity value of approximately 550 million euros.

SMS Demag to Supply Heavy Plate Mill for Yingkou

22 April 2007 - Minmetals Yingkou Medium Plate has placed an order with SMS Demag for construction of a heavy plate mill, including the associated electrical and automation systems.

Arcelor Mittal to Create Joint European Works Council

22 April 2007 - Replacing European Works Council agreements that previously existed in both Mittal steel and Arcelor prior to the merger, the new agreement represents a major step in the integration process for Arcelor Mittal.

Essar Global to Acquire Algoma Steel

16 April 2007 -  

Department of Commerce to Lower Some Dumping Margins, Eliminate Others

12 April 2007 - The Department of Commerce released a memorandum addressing issues briefed during the recent section 129 proceedings, which addressed 12 antidumping cases, primarily related to steel imports.

SSINA Study Details Chinese Government Support of Stainless Industry

11 April 2007 - A new study just issued by the Specialty Steel Industry of North America (SSINA) reveals that the government of China has a policy of conferring preferred status on the stainless steel industry, and providing it with a wide range of preferential treatment programs and direct subsidies.

SMS Meer to Supply Precision Sizing Mill for Timken

10 April 2007 - The Timken Co. has placed an order with SMS Meer, Germany, for the expansion of its existing bar mill at the Harrison Steel Mill in Canton. Timken’s objectives for the project include extending the product size range, increasing mill capacity, and improving product quality.