Steel News

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.

AK Steel Announces Carbon Steel Price Increase

01 September 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products, effective immediately with new orders.

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.

Timken Announces New Vice President of Rail Business

31 August 2011 - The Timken Co. announced the appointment of Brian J. Ruel to the position of Vice President of Rail, effective Oct. 1.

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.

Commerce Preliminarily Finds Subsidization of Galvanized Wire from China

31 August 2011 - The Department of Commerce announced its affirmative preliminary determination in the countervailing duty investigation of imports of galvanized steel wire from P.R. China.

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.

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.

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.

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.