Steel News

TKS Reshuffles Hoesch Hohenlimburg Management Board

01 October 2005 - ThyssenKrupp Steel recently announced several changes for the Management Board of Hoesch Hohenlimburg GmbH.

Arcelor Inaugurates Medium Section Mill at Belval in Luxembourg

01 October 2005 - Arcelor recently inaugurated the Belval Medium Sections Mill installed in its Esch-Belval site in Luxembourg.

LOI to Supply Heavy Plate Heat Treat Lines to Angang

01 October 2005 - Angang Group International Trade Co., China has awarded LOI Thermprocess a contract to supply two heat treatment plants for heavy-gauge steel plate.

Arcelor Maintains Focus on Profitable Global Growth

01 October 2005 - Arcelor participated in the auction for the sale of the 46.12% stake in Turkish steelmaker Eregli Demir ve Çelik Fabrikalari TAS (Erdemir) held by the Turkish Privatisation Administration.

Ugine & ALZ Starts up Carinox Steel Plant

01 October 2005 - Arcelor’s new Ugine & ALZ Carinox steel plant has produced its first heat.

Arcelor puts Shareholder Value Before Size in KryvorizhStal Auction

01 October 2005 - Arcelor participated in the auction for the sale of the 93.02% stake in Ukrainian steelmaker KryvorizhStal (KMK) held by the Ukrainian State Property Fund (SPF).

Former ThyssenKrupp Specialty Steels to Change Name

30 September 2005 - The North American distribution operations of the production mill Edelstahl-Witten-Krefeld GmbH (EWK) will be renamed Swiss Steel International NA.

Dietrich Metal Framing Announces UltraSTEEL Framing

23 September 2005 - Dietrich Metal Framing, a Worthington Industries company is introducing Dietrich UltraSTEEL(TM) metal framing products to the North American market.

ITC to Continue Antidumping Duty Orders on Stainless Pipe Fittings

21 September 2005 - The U.S. International Trade Commission (ITC) has determined that revoking an existing antidumping duty orders on stainless steel butt-weld pipe fittings from Japan, Korea, and Taiwan would be likely to lead to material injury within a reasonably foreseeable time.

U. S. Steel Adjusts Third Quarter Earnings Expectations

21 September 2005 - United States Steel Corp. expects third quarter results will be below the current range of earnings estimates reported by investment analysts. The company says that in late October, it will report significant declines in income for the Flat-rolled and U. S. Steel Europe segments, compared to second quarter results.

Siemens to Supply Drive Systems for Angang’s New Hot Rolling Mill

01 September 2005 - Siemens AG’s Industrial Solutions and Services (I&S) Group was recently awarded a contract to supply the main drives and associated control technology for a new hot strip mill for the Anshan Iron & Steel Group Co. (Angang) in China. The contract is worth around EUR 22 million.

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.