Steel News

JSW Steel to Become Equity Method Affiliate of JFE Steel

17 February 2012 - JFE Steel Corporation raises its ownership ratio in JSW Steel Limited to 15% by partly converting global depositary receipts with no voting rights into common shares.

Baosteel Cuts SO2 Emissions by 50% in Four Years

16 February 2012 - According to its latest statistics, Baosteel Co., Ltd. has cut total SO2 emissions by over 50% since 2008. Its SO2 emissions in 2008 exceeded 30,000 tonnes, while in 2011 the emission was 15,000 tonnes.

Tenova to Supply Walking Beam Furnaces for New Tata Steel Plant

16 February 2012 - Tenova LOI Italimpianti and Tenova Hypertherm will begin 2012 by supplying three 350 tonnes/hour walking beam furnaces to the new Tata Steel plant in Kalinganagar, in Orissa, India.

Mechel Suspends Operation of Two Romanian Plants Due to Weather

16 February 2012 - Mechel OAO reports that work was temporarily halted at Mechel Campia Turzii and Ductil Steel Buzau plants due to problems with shipping in raw materials because of severe weather conditions.

SMS Elotherm and Tech Induction Form Partnership in U.S.

15 February 2012 - SMS Elotherm and Tech Induction Corp. have teamed up to improve the support of customers in North America, allowing the two partners to offer a wider range of products and services. Tech Induction will contribute to the joint business a 3500-square-meter production workshop in Detroit.

EUROPIPE to Supply Pipe for Australian Sub-Sea Pipeline

15 February 2012 - Large-diameter pipe manufacturer EUROPIPE GmbH has been contracted to supply the main part of a major offshore project, the Ichthys LNG (liquefied natural gas) Project.

ThyssenKrupp Reports Stable Order Intake, Sales in First Quarter

15 February 2012 - In its fiscal first quarter, ThyssenKrupp Group was able to hold orders (€10.1 billion, up 1%) and sales (€9.9 billion, down 1%) from continuing operations (without Inoxum) steady year-on-year.

MMK Honored for Growth, Efficiency, Responsibility Efforts

15 February 2012 - MMK won first place for the nomination “Social programs for employees, supporting motherhood and childhood” in recognition of the company’s achievements in corporate social responsibility in 2011. The annual award is granted by the Russian Union of Industrialists and Entrepreneurs.

Baosteel European, Japanese Branches Cope with Cold Weather, Snow

15 February 2012 - Baosteel's overseas branches have recently been impacted by a severe cold spell invasion in European countries and heavy snowfall in Japan. The severe weather has brought inconvenience to the local people's work and life.

Steel Industry Veteran Named to Steelcraft Board of Directors

14 February 2012 - Steelcraft, a leading provider of custom-engineered steel products, components and systems, has appointed David Sutherland, formerly President and CEO of Ipsco, to its Board of Directors.

PSI Awarded Contract from NLMK Subsidiary in Russia

14 February 2012 - PSI has been contracted by Russian steel company NLMK to supply of the PSImetals solution as manufacturing execution system for their newly erected long-product plant in Vorsino.

SSAB Makes Changes in Group Executive Committee

14 February 2012 - SSAB is developing and strengthening its Group Executive Committee, beginning with the promotion of Karl-Gustav Ramström, previously Head of Marketing, to the position of Executive Vice President, Chief Technical Officer (CTO).

Mechel Reports Suspension of Work at Several New-Olzherassk Facilities

14 February 2012 - Mechel OAO reports that work was temporarily halted at several facilities at New-Olzherassk mine, which is part of Southern Kuzbass Coal Company.

Broner to Provide Scheduling Solution for Gerdau Açominas Steckel-Plate Complex

13 February 2012 - Broner Metals Solutions has been selected by Gerdau Açominas to implement a new Advanced Planning & Scheduling solution for Gerdau’s new Plate and Steckel Mills in Minas Gerais, Brazil.

ThyssenKrupp Steel Europe Sees Benefits in New Chemcoater at Siegerland

13 February 2012 - ThyssenKrupp Steel Europe reports significantly improved workflows on the coil-coating line 3 at the Siegerland location with the startup of a new chemcoater.

Daewoo International Plans for Expansion in Africa

13 February 2012 - Daewoo International is accelerating its mineral development efforts in resource-rich Africa, including plans to launch trial production this year at a nickel mine in Ambatovy, Madagascar, and to expand its focus on developing a network across a number of countries in Central Africa.

Outokumpu Delivers Stainless for Sustainability-Driven Building Project in Qatar

10 February 2012 - Outokumpu has supplied stainless steel for Energy Tec W.L.L., a unique student housing project in Education City in Doha, Qatar. The planned facility has a heavy emphasis on sustainability in building.

AHMSA and Posco to Explore Mining, Steel Production Activities

10 February 2012 - Altos Hornos de México S.A.B. de C.V. (AHMSA) and Pohang Iron and Steel Co. (Posco) have entered into a letter of intention to jointly evaluate mining as well as iron and steel projects.

Valinox Nucléaire to Support Renovation of French Nuclear Facilities

10 February 2012 - Vallourec subsidiary Valinox Nucléaire has been awarded a contract by Areva to manufacture tubes for the steam generators of two 1300 MW reactors.

Posco Boosts Social Contribution Activities in Africa

10 February 2012 - Posco recently celebrated completion of Children’s Development Center and the groundbreaking of Agricultural Training Institute in Harare, the capital of Zimbabwe. Posco is actively seeking to make investments in Africa to secure resources and is making efforts for social contribution activities.