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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Siemens Modernizes Billet Caster at Feralpi Calvisano
27 November 2012 - Acciaierie di Calvisano, belonging to the Feralpi Group of Italy, has commissioned Siemens Metals Technologies with the modernization of the billet caster in the Calvisano works in Italy.
Gerdau Eyeing US$336 Million in Savings Due to Electricity Price Reductions
27 November 2012 - Brazilian steelmaker Gerdau’s CEO André Gerdau Johannpeter is expecting savings of about 700 million reais (US$336 million) annually on production costs due to a reduction in the tax on electricity prices recently announced by President Dilma Rousseff, Business News Americas reported local press as saying.
Siemens Receives Order for Four Continuous Casting Lines for Major Steelmaking Project in Vietnam
26 November 2012 - Siemens Metals Technologies received an order from the Taiwanese steelmaking company Formosa Heavy Industries Co. to supply four continuous casting lines as part of the new construction of a steelmaking plant in Vung Ang, Vietnam.
Ilva Says It Faces Closure Over Steel Seizure
26 November 2012 - Italian group ILVA said it might have to close its Taranto plant after judges ordered the seizure of steel and semi-finished products as part of a corruption probe that saw several managers arrested on Monday, Reuters reported.
Metinvest Appoints New Director of Ilyich Steel
26 November 2012 - Ukraine's Metinvest announced the appointment of Yuriy Zinchenko as general director of the Ilyich Iron and Steel Works (Ilyich Steel).
Mechel Reports Temporary Suspension of Steelmaking Facilities in Romania and Ukraine
26 November 2012 - Mechel OAO reported the temporary halting of production at its Donetsk Electrometallurgical Plant (DEMZ), part of Mechel’s steel division, and a schedule for temporary suspension of production at the group’s Romanian steelmaking facilities, in both cases due to unfavorable conditions on markets of raw materials and finished steel products.
NLMK Indiana Production Beats All-Time Record
26 November 2012 - NLMK Indiana recently broke all time production records. In addition, the company will commission new equipment for its EAF, casting and rolling operations in Q4 2012 and 2013.
Tata Steel Restructures to Improve Competitiveness in UK
26 November 2012 - Tata Steel has announced restructuring proposals, including the restart of its No. 4 blast furnace and the loss of 900 jobs, "to improve the competitiveness of its UK operations so they can successfully perform in changing markets."
Tenova Strip Processing Receives Final Acceptance for Electrolytic Tinning Line in China
26 November 2012 - Tenova Strip Processing has successfully received the FAC (Final Acceptance Certificate) for its high-speed electrolytic tinning line in Jiangsu Dajiang Metal Material plant in China, one of the fastest in the world (550 m/min), which produces 250,000 tonnes per year of tin plate.
MMK Metalurji Halts EAF and Hot Rolling Facilities for 90 Days
22 November 2012 - MMK Metalurji announced that its EAF and hot rolling facilities in Iskenderun, Turkey, were halted for a period of up to 90 days. In the meantime, the plant’s cold rolling mill, galvanizing and color coating lines remain operational at the current high capacity levels.
SSAB Awards 2012 Swedish Steel Prize to New Zealand Company
22 November 2012 - SSAB announced the Swedish Steel Prize has been awarded to A-Ward Attachments Ltd. of New Zealand, which designed a flexible system using high-strength steel which compresses and packs metallic scrap in containers.
ThyssenKrupp Electrical Steel Receives "German Business Award for Health"
21 November 2012 - The electrical steel manufacturer ThyssenKrupp Electrical Steel GmbH was presented with a special "German Business Award for Health" (industry category) in Berlin by the BKK Federal Association.
Judge Approves RG Steel Retention Plan
21 November 2012 - A Delaware bankruptcy judge on Tuesday approved a request by failed steelmaker RG Steel to pay $767,000 under a retention program to keep about 20 key employees on the job through the end of the year as the company finishes liquidating its assets, according to Bloomberg Businessweek.
Heidtman Steel Products Says Chinese Firm Owes It $7 million
21 November 2012 - A Toledo com­pany that has sup­plied steel for the Detroit Three auto­makers and raw ma­teri­als to steel mills says it was duped eight years ago by a Chi­nese busi­ness that claimed to have a great sup­ply of cok­ing coal for sale, the Toledo Blade reports.
Siemens Modernizing EAF at Swiss Steel
21 November 2012 - To shorten process times and cut conversion costs, Swiss Steel AG has placed an order with Siemens Metals Technologies for major modernization work on the company’s electric arc furnace in Emmenbrücke, in the Lucerne canton.
Tata Steel Commissions New Coke Oven Battery
21 November 2012 - Tata Steel commissioned the new coke oven battery #10 and by-product plant at its Jamshedpur facility in India.
Xilin Iron & Steel Orders New Wire Rod Mill from SMS Meer
21 November 2012 - Xilin Iron & Steel from Heilongjiang Province, China, is increasing its production capacities with a new high-speed wire rod mill from SMS Meer
Carpenter and Sandvik Dissolve Joint Ventures; Supply Agreement Reached
20 November 2012 - Carpenter Technology Corporation and Sandvik Materials Technology announced that they will dissolve their two-year old joint ventures – Powdermet AB in Surahammar, Sweden, and Carpenter Powder Products AB in Torshälla, Sweden.
VISA Steel and SunCoke Energy Announce Indian Joint Venture
20 November 2012 - VISA Steel Limited and SunCoke Energy, Inc. announced that they have entered into agreements to form a cokemaking joint venture in India.
Optima Specialty Steel to Acquire Kentucky Electric Steel
20 November 2012 - Optima Specialty Steel, Inc., has entered into a definitive merger agreement with ALJ Regional Holdings, Inc., to acquire 100% of KES Acquisition Company dba Kentucky Electric Steel.
