Steel News

Stein Heurtey to Build Three Vertical Furnaces for Masteel

01 September 2005 - Ma Steel International Trade and Economic Corp. at Maanshan, P.R. China, awarded two new contracts to Stein Heurtey for the supply of three vertical furnaces for their new Cold Rolling Mill 2130.

Morgan to Revamp Changwon Specialty Steel Combination Mill

01 September 2005 - Changwon Specialty Steel, Ltd., South Korea, has placed an order with Morgan Construction Co. to revamp the wire rod outlet of the company’s existing combination mill.

Posco Secures Stable Supply of Iron Ores from Australia

01 September 2005 - Posco recently made an early extension to its iron ore supply contract with Rio Tinto of Australia.

ThyssenKrupp Stahl Opens New Tailored Blank JV in China

01 September 2005 - ThyssenKrupp Tailored Blanks GmbH, a subsidiary of ThyssenKrupp Stahl, recently inaugurated a new tailored blank production facility in Changchun, northern China. The new company – TKAS (Changchun) Tailored Blanks Ltd. – is a joint venture between ThyssenKrupp Tailored Blanks GmbH and Angang New Steel Co. Ltd.

Posco Named to Dow Jones Sustainability Indexes

01 September 2005 - Posco was recently selected by Dow Jones and Swiss SAM (Sustainable Asset Management) as a leading company for sustainability in the steel industry.

Danieli to Supply Slab Caster for SAIL-BSP

01 September 2005 - The Steel Authority of India Ltd. (SAIL) has awarded Danieli Davy Distington an order for a new slab casting machine. The new caster will be installed in the Bhilai Steel Plant (BSP), located in the State of Madhyapradesh, India.

SMS Demag to Upgrade Ural Steel Meltshop, Rolling Mills

01 September 2005 - SMS Demag AG, Germany, has received an order from Ural Steel AG (Uralskaya Stal), Novotroitsk, Russia, to modernize its electric steelmaking plant for long and flat products.

Arcelor Closes Acquisition of Huta Lucchini Warszawa

01 September 2005 - The closing of the acquisition by Arcelor of Lucchini's crude steel production asset in Poland as well as Lucchini's Polish scrap companies Silscrap and Crapex was recently signed in Warsaw, Poland. The closing completes a transaction initiated on February 17th, 2005, with the signature of a Memorandum of Understanding between Arcelor and the Lucchini Group and follows the approval given by the competition authorities.

VoestAlpine Stahl and Kobe Steel to Cooperate in Automotive Sheet Applications

01 September 2005 - Voestalpine Stahl GmbH, a company of the listed voestalpine AG, and the Japanese steel group, Kobe Steel, have announced plans to cooperate in steel sheet technologies. Areas of cooperation will focus primarily on steel products for the automotive sector.

Mittal Steel Announces European Price Increases for Fourth Quarter

01 September 2005 - Mittal Steel Co. NV announced price rises for Mittal Steel Europe for the fourth quarter of 2005.

SMS Meer to Supply Section Finishing Line for Ferrosider

01 September 2005 - Bar steel manufacturer Ferrosider, Italy, has placed an order with SMS Meer SpA, Italy, for the supply of equipment for the finishing line and for online straightening of sections for their mill in Ospitaletto, Italy.

SMS Meer to Provide Finishing Line for Mechel Steel

01 September 2005 - The Mechel Steel Group, Russia, has placed an order with SMS Meer SpA, Italy, for the supply of a complete cooling bed and finishing line for bars for its mill in Chelyabinsk (OAO Chelyabinsk Integrated Iron & Steel Works).

Baotou Starts up New Danieli Temper Mill

01 September 2005 - Baotou I&S (Group) Co. Ltd., P.R. China, recently processed the first coil on its new Danieli temper mill in Baotou City, Inner Mongolia.

SMS Demag to Supply Tandem Pickling Line for China Shougang

01 September 2005 - China Shougang Corp. of Beijing, P.R. China, has placed an order with SMS Demag AG, Germany, for the supply of a coupled high-capacity tandem pickling line.

Xin Yu Starts up Danieli Thick Slab Caster

01 September 2005 - Xin Yu Iron & Steel Co. Ltd. in Jianxi Province, P.R. China, recently started up a new Danieli single-strand medium slab caster.

Acciaierie di Sicilia Commissions SMS Vertical Compact Coiler System

01 September 2005 - Acciaierie di Sicilia, Catania, Italy, has issued the acceptance certificate to SMS Meer SpA, Italy, for the successful final acceptance of the new Vertical Compact Coiler system (VCCTM).

Hunan Valin Starts up New Danieli Ladle Furnace

01 September 2005 - Hunan Valin I&S Group Co. Ltd. (Xiangtan), P.R. China, recently started up a new 120-tonne Danieli Ladle Furnace.

Morgan Commissions Rod Mill for Yuzhong Steel Works

01 September 2005 - Morgan Construction Co. has successfully commissioned a single-strand rod mill it designed, built and installed for Yuzhong Steel Works, Ltd., (JISCO Group), P.R. China.

Danieli to Supply Second SBQ Mill for Jiangyin XingCheng

01 September 2005 - Jiangyin XingCheng Special Steel Co Ltd., P.R. China, has awarded Danieli an order for a second and larger SBQ mill.

ThyssenKrupp Stahl to Increase Carbon Flat Products Prices

01 September 2005 - ThyssenKrupp Stahl AG will raise its prices for carbon flat steel products by €20 – €30/t in the 4th quarter of 2005.