Steel News

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.

Posco Chairman Visits USS-Posco, United Spiral Pipe

30 August 2011 - Posco Chairman Joon-yang Chung encouraged employees during recent visits to USS-Posco and United Spiral Pipe in California.

Severstal North America Successful on Two Patent Cases

30 August 2011 - The jury award won by Severstal North America in its defense of ArcelorMittal’s patent infringement assertions has been upheld by the trial judge. Severstal says it also continues to achieve favorable decisions in a patent reexamination proceeding regarding a patent owned by ArcelorMittal regarding the production of aluminum-coated, boron-bearing carbon steel.

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.

Stainless Imports up 42% through YTD May 2011

29 August 2011 - Total stainless steel imports reached 335,588 tons through YTD May 2011, a 42.4% increase compared to YTD May 2010 according to the latest report from SSINA. Total specialty steel imports reached 427,616 tons through the same period, a 41.8% increase compared to YTD May 2010.

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.

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.

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.

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.

Timken, UA to Accelerate Commercialization of Specialized Research

26 August 2011 - The University of Akron (UA) and The Timken Co. have announced an open-innovation agreement to accelerate technology development. The organizations plan to combine their expertise in materials and surface engineering at newly established laboratories in the UA College of Engineering.

Acting U.S. Commerce Secretary Tours Thomas Steel Strip

26 August 2011 - Acting U.S. Commerce Secretary Rebecca Blank traveled to Thomas Steel Strip to tour the plant and discuss the importance of foreign direct investment such as Tata Steel’s investment in Thomas Steel Strip.

SSC to Establish New Coil Center in Iwate Prefecture

26 August 2011 - SSC Co., Ltd. will acquire a new plant site in Iwate Prefecture to build a new coil center and establish a steel sheet processing base that improves delivery times, reduces transportation costs, and stabilizes supply of steel sheet to component makers.

Carpenter to Build New Premium Products Facility

26 August 2011 - Carpenter Technology announced plans to construct a new state-of-the-art manufacturing facility capable of producing approximately 27,000 additional tons per year. The new facility is to include remelting, forge, and associated finishing and testing capabilities.

Posco to Host Technology Expo for European Automakers

26 August 2011 - Posco announced plans to hold technology expositions for European automakers in November. The expositions will help to showcase the company’s steel technology and environmental activities, and to provide detailed information on auto material products and technology services.

Dongkuk, Posco, Vale Announce Start of Construction for CSP Project

25 August 2011 - Posco, Dongkuk Steel, and Vale recently held a ceremony for the completion of a multipurpose port for the Pecém Industrial and Port Complex and starting operation of the material handling conveyor belt.

BHP Billiton Initiative to Support Illawarra Community, Workers

25 August 2011 - BHP Billiton Illawarra Coal is launching an initiative that could potentially provide support to some of the people directly impacted by BlueScope Steel’s announced restructuring of its Australian operations.

SAIL Launches New Rural Dealership Scheme

25 August 2011 - Maharatna Steel Authority of India Ltd. (SAIL) has launched a Rural Dealership Scheme to increase the penetration of its branded products. The plan envisages appointment of more than 1000 “rural dealers” in all states of the country during the current financial year.

Timken Evaluates $225 Million Expansion at Faircrest

25 August 2011 - The Timken Co. is considering an investment of $225 million at its Canton, Ohio-based Faircrest Steel Plant that would increase capacity, expand product range, and strengthen competitiveness of Timken® alloy steel bars.