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U.S. Service Centers Report Year-on-Year Growth in Steel Shipments for February

Fri, 19 Mar 2010 00:00:00 GMT

February steel shipments from U.S. metals service centers rose 10.4% above shipments for February 2009 – the first year-over-year since April 2008 - according to the latest Metals Activity Report from the Metals Service Center Institute.

Posteel Opens New Pipe Plant in Oman

Fri, 19 Mar 2010 00:00:00 GMT

Posteel recently opened Gulf International Pipe Industry (GIPI), a new 250,000-tonne production facility specializing in API pipes based in Sohar, Oman. Posteel will supply 100,000 tonnes of hot-rolled coils annually to GIPI, which are needed to produce the pipes.

New Collective Agreement for ArcelorMittal Ostrava Employees

Fri, 19 Mar 2010 00:00:00 GMT

A new collective agreement, which will be in force until the end of 2012, has been signed at ArcelorMittal Ostrava.

ThyssenKrupp Nirosta Supplies Stainless Steel for NYC High-Rise

Fri, 19 Mar 2010 00:00:00 GMT

ThyssenKrupp Nirosta supplied 400 tonnes of stainless steel for the facade of the new global headquarters of financial service providers Goldman Sachs in Manhattan.

Mechel Retains Leadership among Russian Hardware Producers

Fri, 19 Mar 2010 00:00:00 GMT

Mechel OAO cites a report released in early March by Prommetiz stating that two of Mechel’s steel division plants retained their leading position among Russian hardware producers that are members of the association during January and February.

Steel Dynamics Sells $350 Million in Notes

Thu, 18 Mar 2010 00:00:00 GMT

Steel Dynamics completes the sale of $350 million aggregate principal amount of its 7 5/8% Senior Notes due 2020.

Tenova Core to Upgrade Reheat-Furnace Combustion System at Siam Yamato

Thu, 18 Mar 2010 00:00:00 GMT

Tenova Core will revamp the combustion system of the existing walking beam reheating furnace at Siam Yamato Co. Ltd’s plant at Maptaphut Rayong, Thailand. The project aims to reduce the amount of NOx being emitted through the furnace stack.

Harsco Expands Environmental Services to Baosteel

Thu, 18 Mar 2010 00:00:00 GMT

The Harsco Metals business group has been awarded an environmental services contract to deploy a new zero waste byproduct recycling service at Baosteel’s Ningbo integrated carbon steelmaking facility in Zhejiang Province.

NLMK Launches Final Stage of Environmental Project

Thu, 18 Mar 2010 00:00:00 GMT

Novolipetsk Steel has begun the final stage of reconstructing the gas exhaust ducts at BOF Shop No.1 at its main production site in Lipetsk, the goal of which is to improve operational reliability and reduce the company’s environmental impact.

CMC Zawiercie Operates New Bar Mill with Morgan XpertManager

Thu, 18 Mar 2010 00:00:00 GMT

Siemens VAI Metals Technologies has received an order from CMC Zawiercie S.A. to equip a new bar mill with the Morgan XpertManager manufacturing execution system, which will enable the company to analyze operations, manage production, and optimize the mill’s throughput.

ArcelorMittal, Dayen to Build Rebar Plant in Northern Iraq

Wed, 17 Mar 2010 00:00:00 GMT

ArcelorMittal has announced plans to build an EAF-based rebar plant in Northern Iraq in partnership with Turkish partner Dayen.

Nucor Announces Guidance for First-Quarter Earnings

Wed, 17 Mar 2010 00:00:00 GMT

Nucor Corp. announced guidance for its first quarter ending April 3, 2010. The company expects first-quarter results to be in the range of ($0.05) to $0.05 per diluted share, compared to a loss of $0.60 per diluted share in the first quarter of 2009 and earnings of $0.18 per diluted share in the fourth quarter of 2009.

Siemens VAI Names New Head of Long Rolling Business

Wed, 17 Mar 2010 00:00:00 GMT

Hubert Max Köbach has been named Chief Executive Officer of the Morgan Construction Co. and head of Siemens VAI Metals Technologies Long Rolling Business, replacing Philip R. Morgan on January 4, 2010. Morgan Construction was acquired by Siemens in April 2008.

January Steel Shipments Up 9% from December

Wed, 17 Mar 2010 00:00:00 GMT

U.S.

steel mills shipped 6,579,808 net tons for the month of January 2010, a 9.0% increase from the previous month according to the latest report form AISI.

United States Steel Announces Pricing on Senior Notes Offering

Wed, 17 Mar 2010 00:00:00 GMT

United States

Steel Corp. announced the pricing of its public offering of $600 million aggregate principal amount of 7.375% Senior Notes due 2020. The notes were priced at 99.125% of the principal amount.

NLMK Resumes Hot-Rolling Production Upgrades

Wed, 17 Mar 2010 00:00:00 GMT

NLMK Steel has resumed its upgrade of Continuous Reheating Furnace No.3. The project was launched in 2007 but was suspended due to the economic crisis.

Handan Iron & Steel Orders Combi-caster from Siemens

Tue, 16 Mar 2010 00:00:00 GMT

Siemens VAI Metals Technologies will supply a five-strand combi-caster to Handan Steel Works in

China

. The new plant will be capable of producing a total of 1.45 million tonnes of beam blanks and blooms per year.

Air Liquide to Build Air Separation Unit for Chinese Steel Producer

Tue, 16 Mar 2010 00:00:00 GMT

Air Liquide will invest about €40 million in Yichun, Heilongjiang Province, to supply Xilin Steel Group with oxygen, nitrogen, and argon. A 1200-tonnes-per-day Air Separation Unit will be designed and built by Air Liquide Hangzhou and is expected to be commissioned in Q1 2012.

Patriot Sells Metallurgical Coal to Asian Destinations

Tue, 16 Mar 2010 00:00:00 GMT

Patriot Coal reaches agreement to sell approximately 1.5 million tons of metallurgical coal to steel mills in the Pacific Rim, with delivery beginning in April 2010 through early 2011.

PTC Alliance Obtains Court Authority to Proceed with Sale Auction

Tue, 16 Mar 2010 00:00:00 GMT

PTC Alliance has obtained court approval to conduct an auction for the sale of substantially all of the company's assets in the

U.S.

and the stock of its non-debtor German subsidiary, Wiederholt GmbH.

Mechel Establishes Representative Office in China

Tue, 16 Mar 2010 00:00:00 GMT

Mechel OAO established its representative office in Chaoyang District, Beijing, on March 5 to support its business in

China

and cooperate on expansion in the country.

CMC Anticipates Second Quarter Loss

Mon, 15 Mar 2010 00:00:00 GMT

Commercial Metals Co. is estimating it will record a net loss between $170 and $180 million ($1.50 to $1.60 per share) for the quarter ended February 28, 2010.

Baosteel Completes First Export Contract for Cold-rolled Stainless Steel

Mon, 15 Mar 2010 00:00:00 GMT

Coordinated by Baosteel Co., Ltd. Stainless Steel Business Unit and Baosteel America Inc., more than 120 tonnes of 304 stainless steel produced by the Baosteel Stainless Steel Cold Rolling Project mill that was recently put into production were shipped to the

U.S.

on March 7.

Danieli Supplies Equipment for “Twin” Wire Rod Mills in China

Mon, 15 Mar 2010 00:00:00 GMT

Danieli is supplying key equipment and technology for two high-speed wire rod mills, each with a capacity of 750,000 tonnes per year, under construction at Shangdong Laigang Yongfeng Steel for production of engineering and special steel wire rod in coils.

Tenova Core Consteel® Startup at CMC Mesa

Mon, 15 Mar 2010 00:00:00 GMT

Commercial Metals Co. (CMC) has recently completed the successful startup of a new Consteel system designed and supplied by Tenova Core. The new CMC micro-mill plant located in Mesa, Ariz., is producing reinforcing bar.

Outokumpu Restarts Operations in Röyttä Harbor in Tornio

Mon, 15 Mar 2010 00:00:00 GMT

Outokumpu announced on March 12 that the operations in Röyttä harbor in Tornio, Finland, have been restarted despite the stevedores strike. The loading and unloading of ships is being carried out with the help of subcontractors.

Steel Dynamics to Offer $300 Million in Notes

Fri, 12 Mar 2010 00:00:00 GMT

Steel Dynamics announces plans to sell approximately $300 million in aggregate principal amount of debt securities in a transaction exempt from the registration requirements of the Securities Act of 1933.

Mechel Announces Accident at Its Chelyabinsk Metallurgical Plant

Fri, 12 Mar 2010 00:00:00 GMT

Mechel OAO halts production at the Chelyabinsk Metallurgical Plant Coke Shop #2 following a fatal gas explosion on Thursday, March 11.

Siemens Supplies Equipment for Handan Bar and Wire Rod Mills

Fri, 12 Mar 2010 00:00:00 GMT

Siemens VAI Metals Technologies has received an order from Handan Iron & Steel Co. to supply mechanical equipment for a bar mill and a mill train for the wire rod mill. The project is scheduled to be completed by late 2010.

Danieli to Supply Equipment to Jianlong Group, Stefana Montirone

Fri, 12 Mar 2010 00:00:00 GMT

Jianlong Group Co., Ltd. has contracted Danieli CentroMet / Danieli Changshu Metallurgical Equipment and Service Co., Ltd. to supply a new conticaster for large-size rounds to be installed in its Chengde steel plant. Stefana Spa has also contracted Danieli for the supply of a FastCast CCM for production of billets, to be installed in its Montirone steelworks.