Steel News

United Steelworkers Partner in Climate Change Study

17 February 2010 - The United Steelworkers is a key participant in a six-year study of the challenges posed by climate change to Canadian workplaces and possible solutions to these issues.

Vallourec to Invest in New Youngstown Rolling Mill

16 February 2010 - Vallourec plans to build a new state-of-the-art, small-diameter rolling mill in Youngstown, Ohio. The company says this decision is supported by the long-term development of unconventional gas production in the U.S., which is driving increased demand for small-diameter OCTG tubes.

AK Steel Announces Price Increase for Carbon Steel Products

16 February 2010 - AK Steel announces a $50 per ton increase to spot market base prices, effective immediately with all new orders for its carbon steel products.

Pomina, Thep Viet Steel Group Select Tenova Melt Shops

16 February 2010 - Tenova Melt Shops has been chosen by Pomina and Thep Viet Steel Group to supply a new melt shop unit with a Consteel® EAF. The melt shop is scheduled to be put in operation at the end of 2011 in Phu My Industrial Zone, near Ho Chi Minh City.

AISI Names New President of Steel Market Development Institute

16 February 2010 - The American Iron and Steel Institute has appointed Lawrence W. Kavanagh as President of the Steel Market Development Institute, succeeding current President David C. Jeanes. Kavanagh will assume his new responsibilities on March 1.

First Stage Startup of Danieli SBQ Mill Completed in Poland

16 February 2010 - The first stage of the new Danieli SBQ (Special Bar Quality) mill at CMC Zawiercie started operation at the end of 2009. Initially the new mill is designed to feed the existing wire rod production outlet.

L.B. Foster Awarded Contract for Ports of Indiana

15 February 2010 - L.B. Foster Co. is providing steel sheet piling for improvements to the Ports of Indiana-Burns Harbor. It will begin shipping the piling in February 2010 with the final shipment expected by early April 2010.

Essar Steel Algoma Reports 3rd Quarter Results

15 February 2010 - Essar Steel Algoma Inc. reported a net loss of $64.7 million on sales of $308.0 million for the quarter ended December 31, 2009.

The FSI Reinforces its Shareholding in Vallourec

15 February 2010 - The Fonds Stratégique d’Investissement (FSI) has jointly crossed, with the Caisse des Dépôts, a shareholding threshold of more than 5% of Vallourec’s capital.

Injuries Down in ArcelorMittal Companies

15 February 2010 - In 2009, the total number of injuries with lost work days in ArcelorMittal Ostrava was nine, compared with a previous 21 injuries. The rolling mills of ArcelorMittal Frýdek-Místek reported no injury with lost work days last year.

Danieli Caster in Operation at Usha Martin

15 February 2010 - A new twin-strand, 12-m-radius Danieli FastCast™ special steel bloom conticaster operates at Usha Martin’s new meltshop in Adityapur (Jamshedpur) in the State of Jharkand. Startup took place in September 2009.

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.

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.

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.

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.

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.

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%.