Steel News

SMS Mevac to Design a VIM Furnace for Tata Steel Speciality Steels

14 December 2012 - Tata Steel Speciality Steels, UK, has chosen SMS Mevac, Germany, to design a VIM X-eed® vacuum induction melting furnace for its Stocksbridge site. The facility will produce high-purity steels and specialist alloys for the aerospace industry.

ThyssenKrupp Loss Balloons on Steel Americas Write-Down

14 December 2012 - ThyssenKrupp AG, Germany's top steelmaker, posted a massive € 4.7 billion (US$6.1 billion) net loss for the year as it took a painful write-down on steel mills in the United States and Brazil that it is trying to sell.

ArcelorMittal USA CEO Sees Slow Growth for Steel Industry

13 December 2012 - Manufacturing, including steel and related industries, have led the U.S. out of the recession, but it will take consumers, the housing industry, employers and federal lawmakers to keep the country on the road to recovery, Mike Rippey, president and CEO of ArcelorMittal USA told Chicago-area business leaders recently, according to the Post-Tribune.

Organizational Changes Announced within the Structure and Management of EVRAZ

13 December 2012 - EVRAZ plc announced organizational changes to the company’s management structure. In order to separate functions and intensify the management of key product groups, the company will divide the Mining Division into two Divisions: the Iron Ore Division and the Coal Division.

3tn Providing Efficient Material Handling and Better Overview in Steel Service Centers

13 December 2012 - The technical warehouse management system TWMS/metals controls and visualizes transport and storage activities in the metals industry from continuous casting through to the shipment of the finished products. It optimizes the use of storage capacities across various warehouses or even plant-wide, ensuring that the means of transport, such as cranes or cross transfer systems, are efficiently used.

Electrical Engineers Help Power the Steel Industry

12 December 2012 - Electricity is the main power source behind the steel industry. In fact, a single steel plant can consume as much electricity as a large city. But there are people behind that power. These are electrical engineers.

€200 Million Modernization Project Complete at Zentralkokerei Saar in Germany

12 December 2012 - Following the construction of the new Battery 3 and its commissioning in 2010, the totally renovated Battery 1 has now also been successfully commissioned at Zentralkokerei Saar GmbH (ZKS), a joint subsidiary of AG der Dillinger Hüttenwerke and Saarstahl AG, in Germany.

ArcelorMittal Tubular Products Ostrava Names New CEO

12 December 2012 - The new CEO of ArcelorMittal Tubular Products Ostrava with effect from 1 December is Libor Černý, who had been the CEO in ArcelorMittal Distribution Solutions Czech Republic (AMDS CR).

ThyssenKrupp CEO Pledges New Era at Troubled Steelmaker

11 December 2012 - ThyssenKrupp chief executive Heinrich Hiesinger vowed to fix problems at Germany's biggest steelmaker after a disastrous overseas foray and corruption allegations led him to axe half his management board, Reuters reports.

Severstal North America Announces New Appointments

11 December 2012 - Severstal North America has appointed a new chief strategy and procurement officer, as well as a new plant manager for Double Eagle Steel Coating Co., effective 15 December.

Production Begins at State-of-the-Art Air Separation Unit at Cherepovets Steel Mill

11 December 2012 - ZAO Air Liquide Severstal, a joint venture between Air Liquide and OAO Severstal, has successfully launched a plant to produce industrial gases for CherMC at Cherepovets Steel Mill, part of Severstal’s Russian Steel Division. The total investment in the project has reached €50 million.

The David J. Joseph Company Announces Organizational Changes

10 December 2012 - The David J. Joseph Company (DJJ) announced that effective 1 January 2013, Craig A. Feldman will become president of DJJ with direct responsibility for all businesses and activities across the Joseph Family of Companies.

Ovako Reducing Its Workforce By More Than 200

10 December 2012 - Ovako will reduce its workforce by some 200 positions in order to improve efficiency and reduce costs in light of the current economic situation.

ThyssenKrupp May Seek Compensation for Steel Americas

10 December 2012 - ThyssenKrupp is considering demanding compensation from its former chief executive and other managers for costly investments in steel plants in Brazil and the United States, Reuters reports.

Third Siemens Continuous Slab Caster Goes Into Operation at Dragon Steel

10 December 2012 - Siemens VAI Metals Technologies put a new two-strand continuous casting plant with the capacity to produce two million tons of slabs into operation in August at the Taiwanese steelmaker Dragon Steel Co.

ThyssenKrupp Stainless USA Fires Up Melt Shop; Calvert Site Now Fully Operational

10 December 2012 - The official startup of ThyssenKrupp Stainless USA's melt shop occurred today on the second anniversary of the Calvert, Ala., production site’s official grand opening in December 2010, fulfilling the site’s capabilities as a fully integrated stainless steel manufacturing facility.

AK Steel Announces Price Increase for Carbon Steel Products

07 December 2012 - AK Steel said today that it will increase current spot market base prices for all carbon flat-rolled steel products by $30 per ton, effective immediately with new orders.

Tata Steel Enhances Quality Control for Bar and Rod

07 December 2012 - Tata Steel has invested almost £1.5 million in new technology to improve the quality of the steel bar and wire rod output at its Rotherham and Scunthorpe works in the UK.

ArcelorMittal Tube Plant in Ostrava Supplies Tubes for Polish Gas Pipeline

07 December 2012 - The Czech Republic's ArcelorMittal Tubular Products Ostrava willl participate in the construction of the backbone network of gas pipelines in Poland with no less than one third of the volume of the supplies of spirally welded tubes.

Voestalpine Stahl Places Order for New Charging Car with SCHALKE

07 December 2012 - In October 2012 voestalpine Stahl AG in Austria placed an order for designing and manufacturing a new charging car with Schalker Eisenhütte.