Steel News

AIST Presents 2010 Reliability Achievement Awards

02 February 2011 - AIST recently presented the 2010 Gold, Silver and Bronze Reliability Achievement Awards at a joint meeting of the Maintenance and Reliability, Hot Sheet Rolling and Rolls Technology Committees in Mobile, Ala.

Metals USA Reports 2010 Year-End Results

02 February 2011 - Metals USA Holdings Corp. reported net income of $3.1 million on net sales of $323.9 million for the fourth quarter and net income of $11.5 million on net sales of $1,292.1 million for the year ended December 31, 2010.

ThyssenKrupp Steel Europe Joins EcoCommercial Building Program

01 February 2011 - ThyssenKrupp Steel Europe AG has joined Bayer MaterialScience's EcoCommercial Building Program, intensifying collaboration between the two companies in the field of highly functional sandwich panels for efficient heat insulation.

SMS Meer to Supply Closed-Die Forging Presses for Baoji Fast Gear

01 February 2011 - Baoji Fast Gear Co. Ltd. has placed an order with SMS Meer for two fully automated 5000-tonne closed-die forging presses for its works in Baoji.

Lakeside Steel Completes Removal of PCB Waste from Welland Site

01 February 2011 - Lakeside Steel Inc. has completed the removal of PCB materials previously stored onsite at the Welland, Ont., facility of its wholly-owned subsidiary, Lakeside Steel Corp.

Sunoco Reaches Settlement with ArcelorMittal on Coke Pricing Litigation

01 February 2011 - Sunoco says it will move forward with the planned separation of SunCoke Energy now that it has reached an agreement with ArcelorMittal resolving the lawsuit over coke pricing for the Jewell facility.

Evraz Changes Accounting Policies

01 February 2011 - Evraz Group SA has resolved to change its accounting policies regarding the measurement of certain classes of property, plant and equipment.

Danieli, Tenova Commission New Consteel EAF for Ashinsky Steel Works

01 February 2011 - Danieli and Tenova have successfully commissioned a new Danieli FASTARCTM EAF and Consteel® plant for Ashinsky Steel Works in Russia. The new steelworks replaces obsolete open-hearth plants.

Steel Minister Reviews Progress of Jagdishpur SAIL Unit

31 January 2011 - Shri Beni Prasad Verma, Steel Minister, Government of India recently reviewed progress of the ongoing modernization of the Jagdishpur SAIL Unit, where a galvanized sheet corrugation unit and warehouse are nearing completion.

NLMK Completes Installation of New Waste Neutralization Plant

31 January 2011 - NLMK has finished the installation of a new environmentally friendly industrial waste neutralization plant with the capacity to process 1200 tonnes of waste per annum. The neutralization process combines waste incineration with high-temperature thermal decomposition.

Kobe Steel to Manufacture Rubber Machinery in India

31 January 2011 - Kobe Steel, Ltd. has formed a joint venture with India's Larsen & Toubro Limited to manufacture and sell rubber processing machinery used in the manufacture of tires. The new venture plans to market its products in India, Europe, the Middle East, Africa, Russia and Eastern Europe.

Tata Steel Raises UK Sections Prices in Response to Rising Raw Material Costs

31 January 2011 - Tata Steel will raise transaction prices for structural sections in the UK by £95 per tonne effective on all deliveries in response to increasing spot prices in coal and other raw materials.

SMS Meer Supplies Largest Screw Press to Wuxi Turbine Blade

31 January 2011 - SMS Meer, Germany, and Wuxi Turbine Blade C. Ltd. of China recently celebrated the topping-out ceremony for the most powerful clutch-operated screw press, with a press force of 35,000 tonnes.

Nucor Announces New Development in St. James Parish Project

28 January 2011 - The Louisiana Department of Environmental Quality has issued an air quality permit for Nucor Corp.’s direct reduced iron making facility that will be located in St. James Parish, La. The facility could ultimately lead to construction of a coke plant, blast furnace, pellet plant and steel mill.

Nippon Tinplate Certified for HACCP

28 January 2011 - Nippon Steel’s tinplate for containers has been certified for HACCP, an international guideline for food safety. Certification was given to all of Nippon Steel’s plants in Japan that manufacture tinplate: Yawata, Nagoya and Hirohata.

NLMK Completes Equipment Installation at New Power Plant

28 January 2011 - NLMK has completed installation of the main equipment for a new 150-MW Heat and Power Plant that will use off-gas from the Lipetsk site’s new blast furnace to generate electric power.

OAO Severstal Develops Ties with International Auto Facilities in Russia

28 January 2011 - Severstal continues to be an official supplier of rolled metal products for the Renault group in Russia, and also received positive test results for rolled metal products from HYUNDAI-KIA and Ford, which will enable it to start deliveries to those companies in the medium term.

Nucor Reports 4th Quarter, Full Year 2010 Results

28 January 2011 - Nucor Corp. reported a consolidated net loss of $11.4 million on consolidated net sales of $3.85 billion for the fourth quarter and consolidated net earnings of $134.1 million on consolidated net sales of $15.84 billion for the full year 2010.

Northwest Pipe Facility Earns ISO Certification, API License

27 January 2011 - Northwest Pipe recently completed the American Petroleum Institute's audit for 5L and 5CT at its Bossier City facility, which manufactures electric resistance welded steel pipe for the company's Tubular Products Group.

SAIL signs MoU for Indonesian Steel Plant

27 January 2011 - SAIL and International Coal Ventures Private Limited sign a Memorandum of Understanding with the Governor of Central Kalimantan, Indonesia for development of mineral deposits in the province of Central Kalimantan as well as establishment of both a mineral processing facility and a steel plant.