Steel News

Report: Better Times on the Horizon for Steelmakers Who Survive 2013

05 February 2013 - The latest global steel report from Ernst & Young says excess steelmaking capacity globally will remain the biggest issue for the sector this year. It also questions the assumption that vertical integration in the sector adds value.

Siemens Applying New Rail Technology for First Time in Chinese Long Products Rolling Mill

05 February 2013 - Chinese steel producer Baotou Iron & Steel has awarded Siemens Metals Technologies an order for the supply of a new facility for the inline thermal treatment of heavy-duty rails, to be installed in one of the two company's long product rolling mills in Baotou, Inner Mongolia. This will include the world's first application of an advanced technology for rail hardening.

Abinsk Electric Steel Works Orders Two Roughing Stands from SMS Meer

04 February 2013 - Abinsk Electric Steel Works from the Krasnodar Region of Russia has placed an order with SMS Meer to upgrade its high-speed rebar rolling mill.

Severstal Signs Long Term Contracts with Russian and CIS Auto Companies

04 February 2013 - So far in 2013, OAO Severstal has signed one-year metal-roll contracts with GAZ Group, Sollers, KAMAZ, GM Uzbekistan and Volkswagen as well as half-year contracts with HYUNDAI-KIA, Renault-Nissan and Eurodisk, and quarterly contract with ZAZ.

NLMK Kaluga Works Installation Approaches Completion

04 February 2013 - The installation of main facilities at NLMK Kaluga’s EAF and rolling shops in Russia is now in its closing stage.

U. S. Steel Commissions US$500 Million C Battery at Clairton Coke Works

01 February 2013 - On 31 January 2013, the United States Steel Corporation successfully commissioned the largest capital project in the history of the company’s Mon Valley steel works — the more than 900,000 tons per year C battery at its Clairton coke plant.

Uzbek Metallurgical Plant Orders Ladle Furnace, Vacuum Degasser and Dedusting Plant from Adrem Invest

01 February 2013 - Uzbek Metallurgical plant has ordered from Adrem Invest SRL, an affiliated company of MTAG Technology AG and MTUS Technology Inc., a new 100 ton ladle furnace, vacuum degassing and de-dusting plant.

Allegheny Technologies Announces Operations Management Changes

01 February 2013 - John D. Sims has been named executive vice president, primary titanium operations, and engineered alloys and products at Allegheny Technologies Inc.

China Steel Industry Profits Plunge 98% in 2012

01 February 2013 - The combined profits of China's major steelmakers crashed by more than 98% in 2012 as growth in the economy of the world's largest steel producer slowed, Business Insider reports.

NLMK to Minimize Air Emissions with New Dedusting System

01 February 2013 - Novolipetsk, NLMK’s main production site in Lipetsk, Russia, continues to hot test its new dedusting systems and high-capacity new-generation filters at the hot metal pouring section in BOF shop No.2 – one of major sources of graphite emissions into the air.

Ilva May Consider New Investors, Recapitalization

01 February 2013 - Gruppo Riva may seek new investors and raise capital at its Ilva steel plant, which was partially shut by prosecutors probing environmental violations, Chairman Bruno Ferrante said, according to Bloomberg.

China Gerui Advanced Materials Starts New Laminated Steel Processing Line

01 February 2013 - China Gerui Advanced Materials Group Limited, a leading high precision, cold-rolled steel producer in China, announced the introduction of a new laminated steel processing line at its existing production facilities in Zhengzhou, China.

NLMK Enhances Employee Collaboration to Create Efficiencies

01 February 2013 - Novolipetsk, NLMK’s main production site in Lipetsk, Russia, announced the results of its annual innovation contest. Throughout the year, more than 1,600 employees from 55 of the company’s units took part in the contest.

ArcelorMittal Poland Temporarily Stopping Production at Warszawa

31 January 2013 - ArcelorMittal Warszawa announced that, on 29 January 2013, the Polish plant would temporarily idle its steel plant and rolling mill for 9 and 11 days respectively.

Mechel Reports 2012 Operational Results

31 January 2013 - Russian mining and steel company Mechel said the launch of blast furnace #5 at its Chelyabinsk Metallurgical Plant after capital maintenance and the commissioning of a new EAF at Izhstal had a positive impact on production volumes as it reported its 2012 operation results.

Carpenter Technology Reports Strong Second Quarter Results

31 January 2013 - As it reported its earnings for its fiscal second quarter, Carpenter Technology Corp. noted that it is continuing to see strong end market demand for its premium and ultra-premium products and believes its investments in aerospace and energy markets will continue to drive growth over the next few years.

Gerdau Lays Off Workers Despite Expansion Intended to Retain Employees

30 January 2013 - Gerdau Long Steel North America, which is working on a US$47 million expansion of its St. Paul, Minn., plant that is intended to retain jobs, is laying off 31 employees, the Minneapolis/St. Paul Business Journal reports.

NLMK Becomes Leading Russian Steelmaker in 2012

30 January 2013 - Despite the tough conditions in the global steel markets, NLMK Group says it demonstrated high operational efficiency in 2012.

Outokumpu Stainless USA Opens World-Class Melt Shop to the Media

30 January 2013 - Outokumpu Stainless USA opened the doors of its new melt shop for the first time on Thursday, 24 January 2013 for members of the media so they could get a first-hand view of the world class operation.

ArcelorMittal Declared Sector Leader in Sustainability

30 January 2013 - ArcelorMittal has been declared gold class within the steel sector in the 2013 RobecoSAM Sustainability Yearbook, which was presented to the world’s financial, political and cultural leaders at the World Economic Forum taking place in Davos this week.