Steel News

Metinvest Invests in Modernization of Iron Ore Enrichment Works

11 May 2011 - Metinvest is investing almost UAH 5 billion this year in iron ore enrichment works (GOKs) for the continuous improvement, reconstruction, and modernization of the production facilities.

Schneider Electric Names NLMK’s Trading Company as Preferred Supplier

11 May 2011 - Schneider Electric has chosen Novex Trading SA, a trading company within NLMK Group, as a preferred supplier.

Executive Board Sets Strategic Course for ThyssenKrupp

10 May 2011 - The Executive Board of ThyssenKrupp AG has decided on extensive measures regarding the further strategic development of the Group, which involves focusing the company’s portfolio and discarding business activities for which alternative options are more suitable.

SAIL Subsidiary MEL to Expand Ferro-Alloy Production

10 May 2011 - SAIL Chairman Mr. C.S. Verma has advised the management of SAIL subsidiary Maharashtra Elektrosmelt Ltd. to draw up an expansion plan targeting 100% fulfillment of SAIL’s integrated steel plants’ requirements for ferro-alloys.

Posco-JNPC Conducts Disaster-Response Training

10 May 2011 - Posco-JNPC recently conducted two days of safety drills to bolster its contingency capability to swiftly react to natural disasters.

Chinese Ministry of Commerce Okays Cliffs Acquisition of Consolidated Thompson

10 May 2011 - The Chinese Ministry of Commerce has cleared Cliffs Natural Resources’ proposed acquisition of Consolidated Thompson Iron Mines Limited.

Eisenbahn und Häfen to Merge with ThyssenKrupp Steel Europe

09 May 2011 - Eisenbahn und Häfen GmbH, a major provider of logistics services in the ThyssenKrupp Group, is planned to be merged into parent company ThyssenKrupp Steel Europe AG in June 2011. The supervisory boards of the two companies have now approved the move.

Tata Steel Invests in Steel Production at Scunthorpe Rod Mill

09 May 2011 - Tata Steel is investing £1.2 million in two new machines—one for testing and one for size and shape measuring—at its wire rod rolling mill in Scunthorpe to increase quality and efficiency, and to boost production of high-grade steels for the automotive sector, among others.

Essar Steel to Supply Plates for Warship

06 May 2011 - Essar Steel’s plate products have now been approved by the Indian Navy, and the company has received an order from Mazagoan Dock to supply 13,000 tonnes of heavy plates to build ships for Defense.

Qatar Steel Supports Rehabilitation of Special-Needs People

05 May 2011 - Qatar Steel has presented a check supporting the Qatar Society for Rehabilitation of People with Special Needs, which will be allocated to a ceremony recognizing male and female students with special needs who show academic excellence.

Tata Steel Commissions Research that Reveals Kids’ Lack of Fitness

05 May 2011 - Research released to launch the Tata Kids of Steel triathlon series has revealed that more children prefer sedentary activities over physical activity. The survey of 1500 British 6- to 15-year-olds was commissioned by Tata Steel in partnership with British Triathlon.

voestalpine Awarded Contract by Siemens Wind Power

04 May 2011 - voestalpine Anarbeitung GmbH has been awarded a major contract for the supply of roughly 20,000 tonnes of pre-cut heavy-plate shapes for Siemens Wind Power for the London Array offshore wind tower project in the U.K.

Mechel Announces Launch of E-Commerce System B2B-Mechel

04 May 2011 - Mechel OAO announced the launch of B2B-Mechel, an electronic trading system that will enable the company to automate all aspects of the purchase process.

Sumitomo’s Kashima Steelworks Moves toward Normal Blast Furnaces Operation

04 May 2011 - Sumitomo Metal Industries’ Kashima Steelworks has now opened all the tuyeres of its two blast furnaces for the first time since they were struck March 11 by the Great East Japan Earthquake.

ThyssenKrupp Moves Ahead with Sale of Metal Forming Group

03 May 2011 - ThyssenKrupp and Gestamp Automoción S.L. have signed the sale and purchase contract for the transfer of the Metal Forming Group.

Vale Commences Pellet Production in Oman

02 May 2011 - Vale has started pellet production at its first pelletizing plant of its industrial complex in the coastal city of Sohar, Sultanate of Oman. The US$1.356 billion plant and distribution center will serve as a hub supplying iron ore products in the Middle East, North Africa, and India.

BHP Billiton Approves Samarco Expansion

02 May 2011 - BHP Billiton announced that the partners of Samarco had approved the US$3.5 billion Fourth Pellet Plant Project at Samarco (Brazil). The expansion will increase Samarco iron ore pellet production capacity by 8.3 million tonnes.

China Steel Signs Partnership Agreement with JAC Motor

02 May 2011 - China Steel Corp. has signed a strategic partnership agreement with JAC Motor targeting the annual supply of more than 20,000 tonnes of cold rolled products beginning in 2012.

ThyssenKrupp Awards Four Refractory Contracts to Magnesita

02 May 2011 - ThyssenKrupp awards four contracts to Magnesita Refratários for provision of refractory solutions at its Beeckerwerth, Bruckhausen, and HKM integrated facilities in Germany, as well as its CSA facility in Brazil.

Hertwich Commissions Billet Saw at Weseralu

29 April 2011 - Hertwich Engineering successfully commissioned a billet saw at Weseralu GmbH in Minden, Germany. During a revamp of the press works, Weseralu invested in a saw for round billets to perform the cutting-to-length operation in-house in the future.