Steel News

Metalloinvest's OEMK and LGOK Receive Acknowledgement for Environmental Protection Measures

08 October 2013 - For their contributions to environmental protection, OEMK and Lebedinsky GOK (part of Metalloinvest) received letters of acknowledgement from the Russian Federal Environmental Watch Office and the Duma of the Belgorod region.

World Steel Association Releases Short Range Demand Outlook

07 October 2013 - The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2013 and 2014.

CMI Refurbishes Pickling Line of NLMK La Louvière

07 October 2013 - NLMK La Louvière of Belgium chose the CMI Group to refurbish a pickling line that was damaged by a fire. Based on its expertise, CMI has proposed an optimal refurbishment combining both repair and replacement of components.

World Steel Association Elects New Chairman

07 October 2013 - The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2013/2014:

LGOK Passes Recertification of Health and Safety Management System

07 October 2013 - Lebedinsky GOK (LGOK, part of Metalloinvest) has successfully passed the recertification audit of its health and safety management system for compliance with the international standard OHSAS 18001:2007.

TMK Completes Shipment of Pipes for North Caspian Project

07 October 2013 - TMK, one of the world's leading producers of pipes for the oil and gas industry, has completed the shipment of tubular products for the construction of deep water pipelines at the Filanovsky oil and gas condensate field in the North Caspian Sea, under development by Lukoil.

Outokumpu VDM Orders Peeling Line for Forged Products from SMS Meer

04 October 2013 - Outokumpu VDM of Germany has placed an order with SMS Meer to supply a PMH 320 rotary peeling machine including finishing equipment for its plant in Unna.

Future Metals Relocates, Expands Operations in England

04 October 2013 - Future Metals UK, a division of Future Metals LLC, has announced the relocation and expansion of its metals service center in England.

Platts Forms Value-in-Use Pricing Partnership with German Analytics Company

04 October 2013 - Expanding its analytics capabilities in iron ore, Platts, a leading global energy, metals and agriculture information provider, has formed a commercial partnership with Minerals Value Services GmbH (MVS), a privately-held Munich, Germany-based company specializing in determining value-in-use for miners, mills and traders in the iron ore and steelmaking industries.

EUROFER: Unfair Practices Under LME Policy Jeopardize Normal Functioning of Metals Markets

04 October 2013 - The European steel industry, represented by EUROFER, has serious concerns about the new rules proposed in the Consultation on changes to LME Warehouses Policy, released on 1 July 2013.

General Steel Receives Notice Regarding NYSE Listing Criteria

04 October 2013 - General Steel Holdings, Inc., a leading non-state-owned steel producer in China, announced that on 26 September 2013, it received a notice from the New York Stock Exchange (NYSE) that the company is currently below the NYSE's continued listing standards.

Latin America Sees Significant Increase of Finished Steel Imports from China

03 October 2013 - Finished steel exports from China to Latin America reached 3.5 million tons in the January to August 2013 period — 27% more than same period of 2012, the Latin American steel association, Alacero, reports.

SeAH Steel Puts Pipe Forming Press from SMS Meer Into Operation

02 October 2013 - In Pohang, South Korea, tube manufacturer SeAH Steel Corporation has taken a JCO® pipe forming press from SMS Meer into service.

Worthington Announces Steel Processing Joint Venture in China

02 October 2013 - Worthington Industries, Inc. has reached an agreement in principle to participate in a joint venture near Shanghai, China, to produce cold rolled strip steel primarily for the automotive industry.

Outokumpu Introduces New Industrial Plan in Europe to Improve Financial Performance

01 October 2013 - Outokumpu announced plans for further structural changes in its European operations aimed at improving its financial performance and efficiency, and ultimately returning the company to profitability.

Siemens Modernizing Blast Furnace at Vizag Steel in India

30 September 2013 - Siemens Metals Technologies has received an order from the state-owned Indian Rashtriya Ispat Nigam Ltd. (RINL) to thoroughly modernize blast furnace No. 2 at the Visakhapatnam Steel Plant (Vizag Steel).

NLMK Group Brings in Strategic Investor for NLMK Europe

30 September 2013 - NLMK is proceeding with the restructuring of its European assets to further improve efficiency and optimize costs with an investment by SOGEPA (Société Wallonne de Gestion et de Participations S.A.), a Belgian state-owned company, in NLMK Europe.