Steel News

ThyssenKrupp Nirosta Unveils Bonding System for Stainless Panels

07 September 2011 - A new office complex in Hanover became the first in Germany to incorporate stainless steel panels attached to the outer walls of the building using an adhesive bonding system. The panels are made from Nirosta 4404 stainless steel with a special finish.

Siemens to Supply Twin-Ladle Furnace to Masteel Works in China

06 September 2011 - Maanshan Iron & Steel has placed an order with Siemens VAI Metals Technologies for the supply of a 300-ton capacity twin ladle furnace.

Cliffs Enters Term Sheet for Potential Sale of Cockatoo Island Assets

06 September 2011 - Cliffs Natural Resources subsidiary HWE Cockatoo and its joint venture partner Cockatoo Mining have entered a term sheet with Pluton Resources Limited to sell its beneficial interest in its Cockatoo Island joint venture.

Sumitomo Metals Celebrates Inauguration of VSB Joint Venture

06 September 2011 - Vallourec & Sumitomo Tubos do Brasil Ltda recently held the inauguration of its new steelworks in Jeceaba, state of Minas Gerais, Brazil, enabling Sumitomo Metals to globally supply its seamless pipe products from two bases, Japan and Brazil.

ThyssenKrupp Steel Europe Starts New Apprenticeship Training Year

06 September 2011 - As of September 1, ThyssenKrupp Steel Europe AG took on 322 new apprentices in 22 different occupations. Apprenticeship training is provided at the company’s Bochum, Duisburg, Dortmund, Kreuztal-Eichen, and Finnentrop sites.

BHP Billiton Donates to UN World Food Program

06 September 2011 - BHP Billiton announced that it has donated US$500,000 to assist famine affected people in the Horn of Africa. The donation will help to provide food and nutritional assistance to people affected by drought in the region.

SMI Amtek to Install Second Forging Press Line

02 September 2011 - SMI Amtek Crankshaft Pvt. Ltd, a joint-venture company owned by Sumitomo Metals, Sumitomo, and Amtek Auto, has decided to install a second forging press line in response to rapidly growing demand for crankshafts in India.

SMS Meer to Supply Bright Steel Center for Ziehwerk Plettenberg

02 September 2011 - Ziehwerk Plettenberg GmbH & Co. KG has placed an order with SMS Meer for the supply of a new bright steel center.

Vallourec Inaugurates Vallourec & Sumitomo Tubos do Brasil

02 September 2011 - Vallourec inaugurated its new Brazilian steel and tube plant at a ceremony attended by Dilma Rousseff, President of Brazil, and Antonio Anastasia, Governor of the State of Minas Gerais. Production is in the start-up phase.

Cliffs Reaches Labor Agreement at Pinnacle and Oak Grove Mines

02 September 2011 - Cliffs Natural Resources has concluded local issue bargaining with the United Mine Workers on a new five-and-a-half year labor contract at Cliffs' Pinnacle and Oak Grove mines in West Virginia and Alabama.

Siemens VAI to Supply Dry-Type Dedusting System for Bayi I&S Converter

02 September 2011 - Baosteel Engineering and Technology has placed an order with Siemens VAI Metals Technologies for a dry-type dedusting system to support an LD (BOF) steel plant operated by Baosteel subsidiary Bayi Iron and Steel.

Outotec to Collaborate on Processing of Mongolian Mineral Resources

01 September 2011 - Outotec agreed to collaborate with the Ministry of Minerals Resources and Energy of Mongolia, acting as a technical advisor to develop mining and metallurgical processing of Mongolian mineral resources in a sustainable manner.

AK Steel Announces Carbon Steel Price Increase

01 September 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products, effective immediately with new orders.

Tata Steel Free to Market New Ultrahigh Strength Steel

01 September 2011 - A recent patent ruling has provided Tata Steel with a breakthrough in its plans to bring to market a new press-hardened, zinc-coated boron steel sheet, called ZnX®, which is suitable for hot forming.

NLMK to Increase Power Generation Using By-Product Gases

01 September 2011 - NLMK announced plans to increase its use of by-product fuel gases from metallurgical processes at the main Novolipetsk site in Lipetsk by the end of the year.

BHP Billiton Approves Further Expansion of Newcastle Coal Facility

01 September 2011 - BHP Billiton has approved a further investment of US$367 million for the third stage of development of the Newcastle Coal Infrastructure Group’s coal handling facility in Newcastle, Australia.

New NLMK Blast Furnace Enters Hot Testing Phase

31 August 2011 - NLMK announced the launch of hot testing for its new 3.4 million tonne/year Blast Furnace No. 7, the first blast furnace to be built in Russia in the last 25 years.

Timken Announces New Vice President of Rail Business

31 August 2011 - The Timken Co. announced the appointment of Brian J. Ruel to the position of Vice President of Rail, effective Oct. 1.

Severstal Increases Stake in High River Gold Mines

31 August 2011 - OAO Severstal subsidiary Nord Gold N.V. acquired 12,065,300 additional common shares of High River Gold Mines Ltd. last week at a price of CAD$1.29 per share in an over-the-counter transaction from a non-Canadian seller.

Commerce Preliminarily Finds Subsidization of Galvanized Wire from China

31 August 2011 - The Department of Commerce announced its affirmative preliminary determination in the countervailing duty investigation of imports of galvanized steel wire from P.R. China.