Steel News

SMS Demag Commissions BOF Gas Recovery Plant at Jindal

01 August 2005 - SMS Demag AG, Germany, has successfully commissioned a BOF gas recovery plant for two 120-tonne BOFs at Jindal Vijayanagar Steel Ltd. (JVSL), India.

Danieli Davy Distington to Supply Slab Caster for Baosteel

01 August 2005 - Baosteel, P.R. China, has awarded a contract to Danieli Davy Distington for a second slab casting machine, to be installed in BaoSteel’s Shanghai Plant.

ThyssenKrupp Approved for Brazilian Steel Mill Project

01 August 2005 - The supervisory bodies of ThyssenKrupp have endorsed the continued pursuit of the project to build a steel mill in Brazil.

Danieli to Supply Second Spooler Line for Nervacero

01 August 2005 - A few months after the startup of its first Danieli Spooler line, which is now in commercial production, Nervacero SA, Spain, has awarded a contract to Danieli for a second line. The new line will be installed at the company’s double-strand rolling mill in Vizcaya.

ThyssenKrupp Stahl Approved for Blast Furnace Installation

01 August 2005 - The Düsseldorf district authority granted approval to ThyssenKrupp Stahl AG for the construction of Blast Furnace No. 8. The investment is the centerpiece of a modernization program for the company’s hot metal base in Duisburg-Hamborn, which also includes the relining of nearby Blast Furnace No. 9. The 41-year-old Blast Furnace No. 4 will then be shut down and kept only as a back-up unit. The concept is to be implemented by 2008 at a total cost of €340 million.

General Steel Elects Two Independent Directors

01 August 2005 - General Steel Holdings, Inc., a leading manufacturer of high quality hot-rolled steel sheets primarily for use in tractors, agricultural vehicles and other specialty vehicles, announced that two independent Directors have been appointed to the Board of Directors. The appointments bring the total number of independent board directors at General Steel to three, in keeping with the company's goal of qualifying for a listing on a major U.S. exchange.

TXI Completes Spin-Off of Chaparral Steel

01 August 2005 - Texas Industries, Inc. announced that it has completed the separation of its steel operations from TXI through a pro-rata tax-free dividend of all the common stock of Chaparral Steel Co. to TXI shareholders.

SMS Meer to Supply New Stand Group for Arcelor

01 August 2005 - F. Bonelli y Cia., Argentina, has placed an order with SMS Meer, Italy, for the supply of three new convertible stand groups for the mill in San Nicolás, Argentina.

Kocks to Supply Reducing & Sizing Block for Jiangyin Xing Cheng Special Steel

01 August 2005 - Jiangyin Xing Cheng Special Steel, China, has contracted Friedrich Kocks GmbH & Co KG, Germany, to install a Reducing & Sizing Block [RSB].

Mittal Steel Selects Broner as Corporate MES and Scheduling Solutions Provider

01 August 2005 - Broner Metals Solutions has been selected by Mittal Steel as the standard for Production Scheduling and Manufacturing Execution Systems (MES) throughout all of Mittal Steel.

AK Steel Processes First Heat through New Ashland Degasser

01 August 2005 - AK Steel has processed the first heat of molten steel through a new vacuum degasser at its Ashland, Ky., Works.

Morgan to Supply Compactor for Sicartsa

01 August 2005 - Morgan Construction Co. has received a contract from Siderúrgica Lázaro Cárdenas Las Truchas, SA de CV (Sicartsa), Mexico, for a new compactor and coil handling system.

Danieli to Provide FastCast Technology for Tangshan Billet Caster

01 August 2005 - Tangshan Iron & Steel Group Co. Ltd., P.R. China, recently awarded Danieli Centro Met a contract to supply a new 6-strand billet caster for quality steel grades.

Friedrich Kocks to Supply Reducing & Sizing Block for Rodacciai

01 August 2005 - Rodacciai SpA, Italy, recently placed an order for a second 3-roll Reducing & Sizing Block [RSB] for its special steel rolling mill in Sirone. The order will be carried out by Friedrich Kocks GmbH & Co KG, Germany, together with Danieli Morgardshammar, Italy.

SMS Demag to Expand Ilsenburger Grobblech Heavy Plate Mill

01 August 2005 - Ilsenburger Grobblech GmbH, Germany, has awarded SMS Demag AG a contract for a new ultra-fast cooling line and cold plate leveler with finishing facilities. The contract is worth 22 million €.

Norambar Establishes New Credit Facility

01 August 2005 - Norambar Inc. has obtained an arrangement for a new credit facility.

Stelco Court Monitor Files 34th Report

01 August 2005 - Stelco Inc.’s court-appointed Monitor has filed its thirty-fourth report regarding the company's Court-supervised restructuring. The Report provides the Court with updated information regarding the process for the filing of and determination of claims by the USW International and USW Locals 8782 and 5328.