Steel News

ThyssenKrupp Examines Options for Steel Americas Plants in Brazil, U.S.

16 May 2012 - The Executive Board of ThyssenKrupp AG informed the Supervisory Board of its decision to examine strategic options for the plants of Steel Americas in Brazil and the U.S., in parallel with further technical and commercial optimization, to which the Supervisory Board assented. The options may involve a partnership or a sale to a best owner whose strategy can better utilize the plants.

Outotec to Supply Emission Optimized Sintering for Indian Project

16 May 2012 - Outotec has been selected by Bhushan Power & Steel Ltd. to design and deliver technology, including its Emission Optimized Sintering process, for a new iron ore sintering plant to be built in Rengali in the state of Orissa, India.

Posco CEO Shares Technology Roadmap at China Conference

16 May 2012 - Posco CEO Chung Joonyang recently attended the 7th China International Steel Congress and held a discussion on “New Technologies of Posco” as part of the green technology roadmap session.

voestalpine Establishes Balance Group for Natural Gas

15 May 2012 - The voestalpine Group has established Austria’s first industrial gas balance group for the centralized purchasing of natural gas. The company expects to independently supply all of its Austrian sites with natural gas on demand from 2013 onwards.

SAIL to Explore Development of Mines, Steel Manufacturing in Mongolia

15 May 2012 - Indian Maharatna Steel Authority of India Ltd. (SAIL) signed a Memorandum of Understanding with the Ministry of Mineral Resource & Energy of the Government of Mongolia at Ulaanbaatar, for exploring business opportunities in the mining and steel sectors, including a joint pre-feasibility study.

Sandvik Opens Mill Dedicated for Steam Generator Tubing

15 May 2012 - NLMK has commissioned a 5.8 million tonnes-per-year, two-station hot metal desulfurization unit at its main site in Lipetsk. The project was implemented together with ESM (USA) and investments totaled around RUR1.5 billion.

NLMK Commissions Hot Metal Desulphurization Unit at Lipetsk

14 May 2012 - NLMK has commissioned a 5.8 million tonnes-per-year, two-station hot metal desulfurization unit at its main site in Lipetsk. The project was implemented together with ESM (USA) and investments totaled around RUR1.5 billion.

Outotec to Supply Filtration Technology for Serra Azul Facility Expansion

14 May 2012 - Outotec and Brazilian mining company MMX Mineração e Metálicos S.A. have signed a contract to deliver filter technology for the expansion of the Serra Azul iron ore processing facility in Minas Gerais, Brazil.

Ruukki Introduces Design Tool for Roof Selection

14 May 2012 - Ruukki has rolled out a new tool, Visualize your roof, at ruukkiroofs.com. The tool enables potential roofing customers to discover Ruukki's range of steel roofs and colors by trying them out on different types of houses.

Siemens Furnace Switchgear Achieves Rated Currents of 4,500 Amperes

11 May 2012 - The Simetal Sivac-X 4K furnace switchgear from Siemens has reliably switched a rated current of more than 4,500 amperes with a single circuit breaker in the test laboratory during the course of a successful type test according to IEC 62271. The switchgear has a rated voltage of 40.5 kilovolts, and can supply EAFs with power up to 300 MVA.

JCB Selects Tata Steel for Supplier Performance Award

11 May 2012 - Tata Steel has received a Supplier Performance Award 2012 at JCB’s Supplier Conference in Rocester, UK, confirming its position as a leading supplier to the off-road construction equipment industry.

Baosteel Announces Third Patent Invention Award

11 May 2012 - Baosteel recently received three of eight patents awarded under the “Invention Awards,” one for “a rolling process and special equipment for seamless tube” invented by Yantai Lubao of its Steel Pipe business unit.

BHP to Merge Stainless Materials, Aluminum Sector Groups

11 May 2012 - BHP Billiton announced that its Stainless Steel Materials and Aluminum Customer Sector Groups (CSGs) will consolidate into a single CSG to be named Aluminum and Nickel.

Timken Supplies Bearings for Large Vertical Slag Mill in China

11 May 2012 - The Timken Co. has supplied bearings for one of China's largest vertical slag mills, featuring a 5.7-meter (18.7-feet) grinding table. The mill was developed by CITIC Heavy Industries Co. Ltd., one of China's top manufacturers of cement-producing equipment.

ArcelorMittal Outlines Corporate Responsibility Performance in Report

10 May 2012 - ArcelorMittal published its Corporate Responsibility (CR) report for the 2011 financial year, detailing highlights such as a fourth successive year of improvement in its health and safety record: its Lost Time Injury Frequency Rate fell to 1.42 days per million hours worked, a 20% reduction compared to 2010.

Posco Acquires Shares in Roy Hill Iron Ore Project

10 May 2012 - Posco formed a consortium with Marubeni, STX, and China Steel and acquired 30% of the Roy Hill Project shares. Of these, Posco’s shares are 12.5%.

Hitachi to Enter Business, Capital Tie-up with GMTC

10 May 2012 - Hitachi Metals, Ltd. has decided to enter into a business relationship with Taiwanese high-grade specialty steel manufacturer Gloria Material Technology Corp. (GMTC) for mutual cooperation in production, sales, technology, and investment. The agreement also extends to a capital tie-up under which Hitachi Metals will acquire the equivalent of 5% of GMTC’s stock.

SMS Siemag, SMS INNSE to Upgrade ACERINOX Meltshop

09 May 2012 - ACERINOX, Palmones, Spain, has awarded SMS Siemag and SMS INNSE S.p.A. a contract for the modernization of the electric arc furnace and the supply of an AOD converter vessel, respectively.

voestalpine Erects New Production Facility for Ultra-High-Tensile Fine Wire

09 May 2012 - voestalpine Austria Draht GmbH expands its activities in wire processing and acquires 54% of CPA Filament GmbH from the Steinklauber Group. At the Fürstenfeld site, a new production facility for ultra-high-tensile fine wire (up to 0.08 mm) will be erected within the scope of a joint venture.

Baosteel Signs Investment Memorandum with Gyeonggi Government, GNS

09 May 2012 - Baosteel Co., Ltd. and GNS will invest and build a new steel processing and distribution center in the Gyeonggi Province and provide General Motors Korea with just-in-time service for automotive sheet storage, shearing, and distribution.