Steel News

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.

Metinvest to Launch BOF Steel Rail Production at Azovstal

29 April 2011 - Metinvest is launching BOF steel rails production at Azovstal Iron and Steel Works. The manufacturing procedure for the rails production has been approved by Azovstal’s strategic partner, Ukrainian Rail monopoly Ukrzaliznytsya.

Posco-IPPC to Build Third Silicon Steel Processing Plant in India

29 April 2011 - Posco recently broke ground for construction of its third silicon steel-processing plant at Posco-IPPC in Hyderabad, India. The new plant will have an annual capacity of 24,000 tonnes.

Tata Steel Invests in High-Grade Steels in Scotland

28 April 2011 - Tata Steel is investing £8 million at its Clydebridge plant in Cambuslang, Glasgow, to increase its capability to produce high-strength steel plate by expanding the plant’s two furnaces, and installing two new gas-cutting machines and a new stamping and marking machine.

Tata Steel Breaks Ground for CAPL Plant

28 April 2011 - Tata Steel held a groundbreaking ceremony for the 600,000-tonne-per-annum Continuous Annealing and Processing Line (CAPL) Project at the Tata Steel Works, which will produce automotive cold-rolled steels.

ChTPZ, MMK Jointly Create Railcar Fleet

27 April 2011 - OJSC Chelpipe (ChTPZ) and OJSC Magnitogorsk Iron and Steel Works (MMK) are creating a joint rolling stock to ensure timely deliveries of steel plate from MMK’s Mill 5000 to ChTPZ’s Vysota 239 production unit.

NLMK Group’s VIZ-Stal Contracts LOI for Grain-Oriented Line Equipment

27 April 2011 - NLMK subsidiary VIZ-Stal has signed a contract with LOI, Germany, to supply and supervise the assembly of equipment for the revamping of its electric insulation coating Line.

Tata Steel Invests in Cooling at Port Talbot Steelworks

27 April 2011 - Tata Steel has invested £53 million at its Port Talbot works to introduce in the Basic Oxygen Steelmaking plant a new cooling system that will produce steam, allowing electricity to be generated. The investment reportedly will reduce its external power requirements by about 15%.

Posco Publishes 2010 Carbon Report

26 April 2011 - Posco has published its Carbon Report 2010, which details the company’s project visions and strategies such as the Green Steel, Green Business, Green Life, and Green Partnership.

NLMK Adds New Deposit to its Upstream Development Pipeline

26 April 2011 - NLMK wins the right to explore and develop the Zhernovki Gluboki plot of the Zhernovskoye coal deposit. The deposit is located in the Kemerovo region, Siberia, just below the Zhernovskoe-1 deposit already owned by NLMK.

Severstal Subsidiary Obtains License to Explore, Mine Anomalny Deposit

26 April 2011 - The Olenegorsk Mining and Concentration Works (OAO Olсon), part of the mining division of OAO Severstal, has obtained the right to use subsoil for the exploration and mining of iron ores in the Anomalny deposit in the Murmansk Region.

JFE Steel to Resume Operation of Fukuyama Blast Furnace

25 April 2011 - JFE Steel Corp. expects to complete the revamp of No.3 Blast Furnace at the company’s West Japan Works (Fukuyama), with the blowing in for a fourth campaign to begin around May 14.

Nippon Steel to Enter Tinplate Joint Venture with Wuhan Steel

25 April 2011 - Nippon Steel Corp. and Wuhan Iron and Steel (Group) Corp. have agreed to establish a joint venture for the manufacture and sale of tinplate in China.

SMS Meer to Deliver Two Contirod Casting and Rolling Lines to China

22 April 2011 - Jiangxi Copper and Shandong Xiangrui Copper have each placed an order with SMS Meer for the supply of a new Contirod® casting and rolling line.

NLMK Acquires Full Control over Rolling Assets of Duferco JV

22 April 2011 - NLMK has signed definitive agreements to purchase a 50% interest in Steel Invest and Finance (SIF) from Duferco Group. The transaction will result in SIF becoming a 100% owned subsidiary of NLMK.

March 2011 World Crude Steel Production Climbs 11% over February Total

21 April 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 129 million tonnes for March 2011, 11.0% higher than the previous month (February 2011) and 7.0% higher in comparison with March 2010.