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Outokumpu to Invest in Utilizing Liquefied Natural Gas in Finland

19 Dec 2014 - Outokumpu is investing approximately €30 million into using liquefied natural gas (LNG) as a replacement for propane at its Tornio, Finland, mill.

ArcelorMittal Signs Contract with STX France Shipyards for Three New Cruise Ships

19 Dec 2014 - ArcelorMittal has signed a new contract with the Saint-Nazaire shipyard to supply a minimum of 116,000 metric tons of steel for the hulls and decks of three giant cruise ships to be built by STX France, following an initial contract signed with STX France in 2013 relating to the construction of the world’s largest cruise ship, in the "Oasis" class and destined for the Royal Caribbean Cruise Line (RCCL).

New Side Guide System from Siemens Reduces Hot Strip Mill Maintenance Costs

18 Dec 2014 - With the newly developed Eco Slide Disc Solution, Siemens Metals Technologies offers operators of hot strip mills a side guide system which can be adapted to nearly all existing entry guides and elongates the lifetime of wear parts up to 10 times compared to conventional wear plates.

European Parliament Urges EU to Step Up Efforts to Help Steel Industry Out of Crisis

18 Dec 2014 - The EU should step up its efforts to help the steel industry out of the crisis, Members of the European Parliament (MEPs) said in a non-binding resolution voted on 17 December 2014.

NLMK Group Almost Halves Occupational Injuries at Russian Sites

18 Dec 2014 - As a result of implementing OHS programs, NLMK Group has reduced the amount of injuries at its Russian sites from the beginning of 2014 by 40%. At the Lipetsk site, the decrease was approximately 50% year-on-year.

EUROFER: Strengthening Trend in EU Steel Market Set to Continue in 2015

17 Dec 2014 - The latest economic surveys show that following a weakening trend in Q3, most indicators have been stabilizing, according to EUROFER.

Siemens Management System Cuts Energy Costs of Electrostatic Precipitators in Steel Mills

17 Dec 2014 - With Precon, Siemens Metals Technologies is offering steel works operators an energy management system for electrostatic precipitators in dedusting plants.

Metalloinvest, Rosneft Announce Partnership for Lubricant Production

17 Dec 2014 - Andrey Varichev, CEO of Metalloinvest, and Igor Sechin, president of Rosneft, have signed a strategic partnership agreement in regards to the development of high-quality lubricant production in Russia.

IREPAS Gives Short Range Outlook for December 2014

16 Dec 2014 - Oversupply has been evident in the global long steel market from September up to the end of November, slowing down demand, putting pressure on the market and pushing prices downwards.

Swiss Steel Chooses Arktis Radiation Detectors System for New Application

15 Dec 2014 - Arktis Radiation Detectors will supply a custom version of one of its FLASH Radiation Portal Monitors to Swiss Steel AG, a steel manufacturer in Switzerland for the automotive, machine and appliance industries.

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