Steel News

Outokumpu to Build Stainless Service Center, Cold Mill in India

06 August 2007 - Outokumpu's Board of Directors approves plans to build a greenfield stainless steel service center in the western part of India, and is evaluating plans to build a new greenfield stainless steel cold rolling mill there as well.

Siemens to Supply Drives for Maghreb Steel Roughing and Steckel Mills

06 August 2007 - Maghreb Steel places an order with Siemens I&S to supply drive systems for a new Steckel mill and a new roughing mill.

SMS Demag Starts up Two New Casters at Masteel

03 August 2007 - SMS Demag AG recently started up two twin-strand continuous slab casters designed for joint production of 5.7 million tonnes of flat products per year at Maanshan Iron & Steel Co. Ltd. (Masteel), China.

Parsytec to Supply Surface Inspection Systems for Sandvik

31 July 2007 - Sandvik Materials Technology places order with Parsytec AG for two surface inspection systems for one of their stainless AP lines.

Siemens to Supply Roughing Stand and Cooling Bed for Wuyang Plate Mill Expansion

31 July 2007 - Wuyang Iron and Steel commissions Siemens Metals Technologies to supply a new roughing mill stand and cooling bed for the Phase 2 expansion of their 4100-mm wide plate mill.

Beitai Beilong Starts up Two Danieli High-Speed Finishing Blocks

31 July 2007 - Beitai Beilong Iron & Steel starts up two 10-pass Danieli high-speed finishing blocks at the No. 2 high-capacity wire rod mill in the Bengxi Province.

Danieli to Supply Additional Bloom Grinders for Seah Besteel

30 July 2007 - Seah Besteel contracts Danieli Centro Maskin to supply two bloom grinders to be added to the two identical units are starting up this summer.

Tenova to Install Five Consteel Plants in Asia

30 July 2007 - Tenova will install five new Consteel plants in Asia, including a system capable of producing 360 tonnes of steel per hour—the highest installed capacity in the world—for Tokyo Steel’s new steel plant currently under construction in Kurashiki, Japan.

ArcelorMittal Starts up New Siemens Hot-Rolling Mill in Cracow

30 July 2007 - Arcelor Mittal Group recently produced the first coil on its new hot rolling mill in Cracow, Poland, which had been supplied by Siemens Metals Technologies as a turnkey installation.

ArcelorMittal to Acquire Remaining Shares in ArcelorMittal Poland

27 July 2007 - ArcelorMittal reaches agreement with the Polish Government to acquire the outstanding 25.2% shares of ArcelorMittal Poland currently held by the Polish State and Treasury Ministry at a share price of PLN 6.5.

CMC Subsidiary to Install Flexible Medium Section Rolling Mill

26 July 2007 - Commercial Metals’s CMCZ steel minimill in Zawiercie, Poland, will install a new flexible medium section rolling mill at an estimated cost of $170 million.

Celsa Starts up Two More Danieli Spooler Lines

24 July 2007 - Danieli recently started up spooler lines at Celsa Group’s Cardiff bar mill in the U.K., and the Castellbisbal mill in Spain, making Celsa the largest producer of spooled coils in Europe and in the world.

voestalpine Stahl and Siemens Set World Casting Record

24 July 2007 - voestalpine Stahl casts 355-mm thick and 1600-mm wide slabs on a caster recently upgraded by Siemens Metals Technologies, earning the distinction of producing the thickest slab ever cast on a bow-type caster with straight mold.

Commercial Metals to Acquire Croatian Mill

24 July 2007 - Commercial Metals signs definitive purchase agreement with the Croatian government to acquire Valjaonica Cijevi Sisak for HRK 37 million for the shares, in addition to  (about U.S. $7 million), assume debt of over HRK 200 million (about U.S. $41 million), invest about U.S. $40 million in capital expenditures, and increase working capital by approximately U.S. $39 million f

Siemens Automation Logs Orders for Hot Mill Equipment in China

23 July 2007 - Metals Technologies (MT), a division of the Siemens (I&S) Group, recently received orders from two Chinese steel producers to supply automation systems for their new hot-strip mills.

ArcelorMittal to Acquire Two Steel Tube Businesses from Vallourec

23 July 2007 - ArcelorMittal reaches a preliminary agreement to acquire two French-based steel tube businesses from Vallourec: Vallourec Précision Soudage, which produces welded steel tubes for automotive applications, and Vallourec Composants Automobiles Vitry, which specializes in the design and manufacture of tubular components for the automotive industry.