Steel News

New Danieli Special Steels Rolling Mill for Bhushan

12 February 2010 - Bhushan Power and Steel Ltd. has selected Danieli as supplier for its new 500,000-tonnes-per-year rolling mill plant to be installed in the state of Orissa, India, for production of specialty and engineering steel long products. Startup is scheduled for the end of 2010.

New Quality Policy for OJSC ArcelorMittal Kryviy Rih

12 February 2010 - OJSC ArcelorMittal Kryviy Rih recently approved a new Quality Policy, which focuses heavily on customers' needs and customer relations optimization.

Air Liquide Signs Long-term Contracts with Two Steel Producers in China

12 February 2010 - Air Liquide says it will invest €75 million to support new long-term contracts just signed with steel producers Bohai Steel Group and Jianbang Group, both in China.

Rio Tinto Offers Update on Shanghai Employees

12 February 2010 - Rio Tinto has been advised that the People's Procuratorate has transferred the case relating to the four Shanghai employees, detained since July 5, 2009, to the Shanghai Number One Intermediate Court for trial. A trial date has not yet been set.

Rautaruukki Celebrates 50 Years

12 February 2010 - February 11, 2010, marked the 50th anniversary of Rautaruukki's foundation. The company was founded by the Finnish State and seven major Finnish metal companies: Fiskars, Lokomo, Otanmäki, Outokumpu, Rauma-Repola, Valmet, and Wärtsilä.

SSAB Details Expansion Plans for Quenched and Tempered Plate

11 February 2010 - SSAB announced plans to move ahead with construction of a new advanced line for quenched and tempered steel plate in Mobile, Ala., as well as a new finishing line at its plate center in Kunshan, China.

Corus to Raise Strip Product Prices in Europe

11 February 2010 - Corus plans to raise its prices in Europe from March 1 for hot and cold rolled, hot dipped galvanized, and organic coated strip products.

Nippon Steel, Nippon Denko Strengthen Strategic Alliance

11 February 2010 - Nippon Steel Corp. and Nippon Denko Co., Ltd. have agreed to further strengthen the alliance between them to respond to further changes in the materials environment. Nippon Steel also decides to increase its holding ratio of Nippon Denko shares from 9.5% to 15%.

worldsteel Works with UNEP Toward Low Carbon Society

11 February 2010 - The World Steel Association has joined the United Nations Environmental Program's Life Cycle Initiative as a Gold Sponsor. worldsteel will provide support for programs and initiatives that advance the development and refinement of life cycle analysis.

Posco Selected as Global Top 100 Company

11 February 2010 - Posco has been selected as a Davos Forum Global Top 100 Company, being recognized for its profitability as well as social responsibilities. Posco ranked 93rd, while GE ranked 1st in this year’s sustainable-management evaluation.

Pipe and Tube Producers to Take Action against AD Evasion on Chinese Imports

10 February 2010 - Members of the Committee on Pipe and Tube Imports announce formation of an industry task force to seek an end to the evasion of antidumping duties on imports of steel tubular products from China.

worldsteel Announces steeluniversity Challenge Winners

10 February 2010 - The industry category winner of the fifth steeluniversity.org Challenge was a team from DragonSteel/China Steel Corp. of Taiwan, China, and the runner-up was a team from China’s Wuhan Iron and Steel Corp. The winner and the runner-up in the student category were both from China’s Wuhan University of Science and Technology.

Lakeside Announces Capital Expansion Plans, Renewal of Credit Facility

10 February 2010 - Lakeside Steel Inc.’s Board of Directors has recently approved a significant capital investment for the fiscal year ending March 31, 2011. Capital expansion plans include the construction of new facilities at the Welland, Ont., location of its wholly owned subsidiary, Lakeside Steel Corp.

Danieli Micromill Started Up at CMC Arizona

10 February 2010 - Commercial Metals Co.’s CMC Steel Arizona has started up a new generation of Danieli continuous casting-rolling micromill. MI.DA® completes the range of Danieli minimills.

SSAB Names New Head of Strategy

09 February 2010 - SSAB has appointed John Klint as Head of Strategy and Business Development, a newly created position within the company’s Group Executive Committee.

Böhler-Uddeholm Announces Management Changes

09 February 2010 - As part of the restructuring of the Böhler-Uddeholm Group, Heimo Stix, Member of the Management Board with responsibility for the High Performance Metals Division/Production, is terminating his employment with Böhler-Uddeholm AG as of March 31, 2010. Franz Rotter assumes responsibility for the post.

JFE Steel, Mycron Steel Agree on Strategic Collaboration

09 February 2010 - JFE Steel Corp. and Mycron Steel Berhad, a Malaysian cold-rolled steel sheet manufacturer, have signed an agreement for strategic collaboration. JFE Steel also has acquired 3% of Mycron Steel’s outstanding equity.

Posco Green Growth Committee Declares Emissions Reduction Goals

09 February 2010 - Posco has decided to cut down on carbon dioxide emissions by 9% based on the average of the three most recent years by 2020, as well as to reduce 14 million tonnes of social carbon emissions through manufacturing of energy-efficient steel products and green growth businesses.

Linde Technology Helps ArcelorMittal Garner AIST Award

09 February 2010 - REBOX® oxyfuel technology developed and deployed by Linde North America has helped ArcelorMittal win the AIST 2009 Energy Achievement Award for its efforts to reduce fuel consumption by nearly two-thirds in the billet reheating operation at its Shelby, Ohio, seamless tube mill.

Lakeside Steel Selected for 2010 TSX Venture 50

08 February 2010 - Lakeside Steel Inc. has been named by TSX Venture Exchange as one of the TSX Venture 50, a ranking comprised of 10 emerging companies in five industry sectors that have been identified as leaders in Canada's public venture market.