Steel News

Sumitomo Metals Celebrates Inauguration of VSB Joint Venture

06 September 2011 - Vallourec & Sumitomo Tubos do Brasil Ltda recently held the inauguration of its new steelworks in Jeceaba, state of Minas Gerais, Brazil, enabling Sumitomo Metals to globally supply its seamless pipe products from two bases, Japan and Brazil.

ThyssenKrupp Steel Europe Starts New Apprenticeship Training Year

06 September 2011 - As of September 1, ThyssenKrupp Steel Europe AG took on 322 new apprentices in 22 different occupations. Apprenticeship training is provided at the company’s Bochum, Duisburg, Dortmund, Kreuztal-Eichen, and Finnentrop sites.

SMI Amtek to Install Second Forging Press Line

02 September 2011 - SMI Amtek Crankshaft Pvt. Ltd, a joint-venture company owned by Sumitomo Metals, Sumitomo, and Amtek Auto, has decided to install a second forging press line in response to rapidly growing demand for crankshafts in India.

SMS Meer to Supply Bright Steel Center for Ziehwerk Plettenberg

02 September 2011 - Ziehwerk Plettenberg GmbH & Co. KG has placed an order with SMS Meer for the supply of a new bright steel center.

Siemens VAI to Supply Dry-Type Dedusting System for Bayi I&S Converter

02 September 2011 - Baosteel Engineering and Technology has placed an order with Siemens VAI Metals Technologies for a dry-type dedusting system to support an LD (BOF) steel plant operated by Baosteel subsidiary Bayi Iron and Steel.

Vallourec Inaugurates Vallourec & Sumitomo Tubos do Brasil

02 September 2011 - Vallourec inaugurated its new Brazilian steel and tube plant at a ceremony attended by Dilma Rousseff, President of Brazil, and Antonio Anastasia, Governor of the State of Minas Gerais. Production is in the start-up phase.

Outotec to Collaborate on Processing of Mongolian Mineral Resources

01 September 2011 - Outotec agreed to collaborate with the Ministry of Minerals Resources and Energy of Mongolia, acting as a technical advisor to develop mining and metallurgical processing of Mongolian mineral resources in a sustainable manner.

BHP Billiton Approves Further Expansion of Newcastle Coal Facility

01 September 2011 - BHP Billiton has approved a further investment of US$367 million for the third stage of development of the Newcastle Coal Infrastructure Group’s coal handling facility in Newcastle, Australia.

Tata Steel Free to Market New Ultrahigh Strength Steel

01 September 2011 - A recent patent ruling has provided Tata Steel with a breakthrough in its plans to bring to market a new press-hardened, zinc-coated boron steel sheet, called ZnX®, which is suitable for hot forming.

NLMK to Increase Power Generation Using By-Product Gases

01 September 2011 - NLMK announced plans to increase its use of by-product fuel gases from metallurgical processes at the main Novolipetsk site in Lipetsk by the end of the year.

New NLMK Blast Furnace Enters Hot Testing Phase

31 August 2011 - NLMK announced the launch of hot testing for its new 3.4 million tonne/year Blast Furnace No. 7, the first blast furnace to be built in Russia in the last 25 years.

Severstal Increases Stake in High River Gold Mines

31 August 2011 - OAO Severstal subsidiary Nord Gold N.V. acquired 12,065,300 additional common shares of High River Gold Mines Ltd. last week at a price of CAD$1.29 per share in an over-the-counter transaction from a non-Canadian seller.

Ruukki to Launch Smart Roof that Improves Safety

31 August 2011 - Technology developed by Ruukki can be incorporated in both new and existing roofs in which load-bearing sheets have been used. Sensors fitted to the roof notice any changes in roof loading.

Mechel Announces Key Accomplishments at Yakutugol

30 August 2011 - Mechel OAO has reached full production capacity at the Nerungrinskaya processing plant of Yakutugol Holding Co. OAO. The company also received permission to launch the first stage of the open pit development at the Elga Coal Complex.

Siemens Installs Tanks for NSSC Stainless Pickling Line

30 August 2011 - Siemens designed and installed polypropylene pickling tanks for the No. 1 annealing and pickling line at Nippon Steel & Sumikin Stainless Steel Corp.’s (NSSC) Hikari Works in Yamaguchi Prefecture, Japan.

ThyssenKrupp, REMONDIS Reach Agreement for Sale of Xervon

30 August 2011 - ThyssenKrupp AG recently reached agreement with the industrial service provider REMONDIS AG & Co. KG for the sale of the Group’s Düsseldorf-based Xervon group.

Metinvest Presents Second Social Report

29 August 2011 - Metinvest presented its Social Report as of 2009-2010, prepared in accordance with В+ level of the international Global Reporting Initiative standard, and the principles of the UN Global Compact.

OAO Severstal Reports Second Quarter Results

29 August 2011 - OAO Severstal announced net profit of $602 million on revenue of $4,383 million for the second quarter, and net profit of $1,122 million on revenue of $8,110 million for the six months ended June 30, 2011.

Case Continues on Outokumpu Export Practices to Russia

29 August 2011 - Outokumpu reports that the State prosecutor has appealed against the recent District Court verdict that dismissed all charges pressed against Outokumpu and five of its employees for alleged money laundering.

ArcelorMittal Opens Kindergarten in Dabrowa Górnicza

29 August 2011 - A new kindergarten built by ArcelorMittal Poland opened last week in Dąbrowa Górnicza. The facility has room for 100 children of employees of the company and subsidiaries.