Steel News

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.

Tenova Completes Commissioning of Termium Reheat Furnace

19 July 2007 - Following completion of commissioning and testing, Tenova LOI Italimpianti is awarded the final acceptance certificate for the recently installed Slab Reheat Furnace No. 5 at Ternium’s steel plant in San Nicolás, Argentina.

Danieli Morgårdshammar to Upgrade DavSteel Bar Mill

19 July 2007 - Davsteel of South Africa contracts Danieli Morgårdshammar to modify its bar mill, targeting enhanced operating efficiency and standardization of the starting material for the wire rod mill.

Siemens to Supply Three Slab Casters for Hyundai Steel

19 July 2007 - Siemens Metals Technologies receives an order to supply three twin-strand slab casters for Hyundai Steel’s new integrated iron and steel works project at the Dangjin Works in Korea. 

SSAB Completes Acquisition of Ipsco

19 July 2007 - SSAB Svenskt Stal AB has successfully completed its acquisition of Ipsco for U.S. $160 per share.

Ipsco Shareholders Approve Arrangement with SSAB

17 July 2007 - Ipsco shareholders vote to approve the Plan of Arrangement for Svenskt Stal AB’s acquisition of outstanding Ipsco shares.

SMS Demag to Supply Continuous Tandem Mill for Posco

16 July 2007 - Posco awards contract to SMS Demag for the supply of the world's first continuous tandem mill with 18-high cold rolling stands for the economical production of high-quality special steel strip.

Siemens to Supply Rebar Mill to Gulf Steel Industries

16 July 2007 - Siemens Metals Technologies receives an order from Gulf Steel Industries for the supply of a new rebar mill to be built in the Mussaffah Industrial Area of Abu Dhabi, U.A.E.

ArcelorMittal Broadens Strategic Alliance with Nippon Steel

13 July 2007 - ArcelorMittal signs Memorandum of Understanding with Nippon Steel expanding the companies’ global strategic alliance and current joint business ventures in North America.

Danieli to Supply Superflexible Long Products Mill for DMKD

12 July 2007 - Dneprovsky I&S Works selects Danieli to supply a new ultrahigh-capacity superflexible bar, section and rod mill to replace the existing bar mill at the Dneprodzerzhinsk works.

Stainless Steel Production Flat in First Quarter

12 July 2007 - Global stainless crude steel production reached 7.6 million tonnes in the first quarter of 2007 according to the International Stainless Steel Forum, an 0.7% increase compared to the final quarter of 2006.

Installation of New European Works Council for ArcelorMittal

11 July 2007 - A new integrated European Works Council has been installed for ArcelorMittal that replaces the former Works Councils that existed in both previous companies.

ArcelorMittal Announces Organizational Changes

09 July 2007 - ArcelorMittal announces a number of senior organizational changes, beginning with the retirement of Mr. Roland Junck, a member of the Group Management Board.

Danieli to Provide Semicontinuous Hot Strip Mill for Chengde

06 July 2007 - Danieli will supply a 3.3 million tonnes/year 1780-mm hot strip mill for Chengde Iron and Steel Group.

Timken to Supply Bearings, Maintenance Services for JSW Cold Mill

06 July 2007 - Timken will supply JSW Steel with bearings for its new cold-rolling steel mill, and will also supply rolling mill maintenance services once the mill’s construction is complete.

Danieli to Upgrade Usha Martin Bar Mill, Wire Rod Mill

03 July 2007 - Danieli will upgrade Usha Martin’s wire rod mill and complete the bar mill at its facility in Jamshedpur, India.