Steel News

SMS Siemag to Supply Thick-Slab Caster to Dillinger Hütte

07 February 2012 - AG der Dillinger Hüttenwerke recently placed an order with SMS Siemag for the supply of a two-strand vertical-type continuous caster, which is scheduled for commissioning in spring 2014.

Posco Recognized for Sustainability Efforts

07 February 2012 - Posco was ranked 30th in the Global 100 Most Sustainable Corporations in the World recently announced by Corporate Knights, a Canadian economic magazine in the World Economic Forum in Davos, Switzerland.

BHP Approved for Initial Port Hedland Funding

07 February 2012 - BHP Billiton and its partners have received approval for US$917 million in pre-commitment funding for the construction of a 100 million tonne per year outer harbor facility associated with its Western Australia Iron Ore operations.

Sandvik a Finalist in Swedish Arts and Business Awards 2011

06 February 2012 - The research and development collaboration between Sandvik Materials Technology and the Vasa Museum on Vasa bolt replacement has qualified for the finals of Kultur och Näringsliv, The Swedish Arts and Business Awards 2011.

AK Steel Reacts to DOE’s Proposed Transformer Efficiency Standards

06 February 2012 - AK Steel says it does not expect the revised energy efficiency standards just proposed by the U.S. Department of Energy to significantly impact the overall competitiveness of the company's grain-oriented electrical steels.

Posco’s Gwangyang Works Hosts Tech Exchange with Nippon Steel

06 February 2012 - The steel manufacture department at Posco’s Gwangyang Steel Works recently hosted a technology exchange session with Japanese steelmaker Nippon Steel Corp.

ThyssenKrupp Steel Europe to Produce 70 millionth Tonne on Schwelgern BF 2

06 February 2012 - The 540-strong crew of ThyssenKrupp Steel Europe’s blast furnace Schwelgern 2 in Duisburg — still in its first campaign — has been preparing to celebrate production of its seventy millionth ton of hot metal.

NLMK Reports Environmental Achievements at Lipetsk Site

06 February 2012 - NLMK’s main production site in Lipetsk allocated approximately RUR 4 billion on environmental protection projects in 2011. Around 100 environmental projects aimed at revamping and upgrading process equipment and operations have thus far been completed.

ArcelorMittal Ostrava Celebrates 60th Anniversary

03 February 2012 - ArcelorMittal Ostrava held a commemorative event celebrating the 60 years that have passed since Stanislav Najvrt lit the first blast furnace in the presence of then-President of the Republic, Antonín Zápotocký.

AK Steel Reports 4th Quarter, Full-Year 2011 Results

03 February 2012 - AK Steel reported a net loss of $193.9 million on net sales of $1,509.2 million for the fourth quarter, and a net loss of $155.6 million on net sales of $6,468.0 million for the full year of 2011.

Total Steel Import Permit Tons up 21% in January

03 February 2012 - Total steel import permit applications reached 2,691,000 net tons for the month of January 2012, a 21% increase from the 2,230,000 permit tons recorded in December according to the most recent report from AISI.

Ruukki to Initiate Project to Improve Competitiveness

02 February 2012 - Ruukki Metals plans to initiate a project aimed at operations across the division to achieve a permanent annual improvement of around EUR 50 million in earnings performance as well as business profitability at a production utilization rate of 80%.

Reliance Steel & Aluminum Acquires McKey Perforating Company

02 February 2012 - Reliance Steel & Aluminum announced completion of the acquisition of McKey Perforating Co., Inc. and its subsidiary McKey Perforated Products Co.

Siemens to Modernize Two Bar Mills for Diaco in Colombia

02 February 2012 - Diaco, the Colombian branch of Brazilian company Gerdau, has contracted Siemens VAI Metals Technologies to modernize two bar mills at its Tuta and Tocancipá locations, scheduled to come into operation at the end of 2012.

Saarstahl Announces Personnel Changes

02 February 2012 - Dr. Klaus Harste has asked the Supervisory Board to release him from his duties as Chairman of the Management Board of Saarstahl AG with responsibility for Engineering and Technology. Dr. Karlheinz Blessing will be recommended to the Supervisory Board to assume the office of successor to the Chairman of the Board.

Air Liquide Completes Acquisition of 75% of LOGIKA in Moscow

02 February 2012 - Air Liquide has just completed the acquisition of 75% of the shares of LOGIKA, a regional industrial gas company located in Moscow.

ThyssenKrupp and Outokumpu to Combine Stainless Steel Businesses

01 February 2012 - ThyssenKrupp and Outokumpu announced the combination of Outokumpu with Inoxum, the stainless steel unit of ThyssenKrupp, to create a new global leader in stainless steel. Agreements have been approved by the Supervisory Board of ThyssenKrupp AG and the Outokumpu Board of Directors.