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SteelNews.com is a publication created by the Association for Iron and Steel Technology (AIST) for the steel community. We are the leading source for technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

 

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World
Latest News:
Salzgitter AG update on Q1 2013 performance
May 17, 2013 - In the first three months of 2013, the performance of the Salzgitter Group was overshadowed by persistently unfavorable general economic conditions in Europe.
Austria's Voestalpine on track to hit earnings forecast
May 17, 2013 - Austrian steelmaker Voestalpine is on track to hit earnings before interest and tax (EBIT) of about 800 million euros ($1.03 billion) for 2012/13, up from 704 million last year, Chief Executive Wolfgang Eder said.
ArcelorMittal Ruhrort: RH facility to receive new vacuum pump
May 17, 2013 - After 45 years of operation of the RH facility, the steam ejector pumping system is to be renewed by SMS Mevac.
Hebei Puyang Iron and Steel Orders Medium Slab Caster from SMS Siemag
May 17, 2013 - China's Hebei Puyang Iron and Steel Co., Ltd (Puyang Steel) has awarded SMS Siemag Technology (Beijing) Co. a contract for the supply of a medium slab caster to be installed at the works in Wuan City, Hebei Province.
Outokumpu Conducting Strategic Review of Its VDM High Performance Alloys Business
May 17, 2013 - Outokumpu has started a strategic review of its high performance alloys or VDM business unit. During this review, Outokumpu will evaluate strategic options for VDM and consider how best to drive continued growth and profitability for the business, within or outside of Outokumpu.
Tenaris’ Dopeless® Technology Run for First Time in Brazil
May 17, 2013 - Tenaris’ Dopeless® technology was run for the first time in Brazil, in a Petrobras deepwater offshore operation, during the first half of this year.
JFE Steel to Launch Steel Pipe Manufacturing and Sales JV in Zhejiang, China
May 16, 2013 - JFE Steel Corporation (JFE) announced today that on May 15, the company, Kawasaki Kokan Co., Ltd. (Kawasaki Kokan), Marubeni-Itochu Steel Inc. (MISI) and Taiwan's largest cold drawn pipe manufacturer Shuan Hwa Industrial Co., Ltd. (Shuan Hwa Industrial) had signed an agreement to establish a joint venture company in Zhejiang Province, China.
CSN announces Q1 2013 results
May 16, 2013 - Brazilian flat-steel maker Companhia Siderurgica Nacional (SID, CSNA3.BR), or CSN, late Wednesday reported a drop of 82% in its first-quarter net profit, due to the rise of its costs in the period.
ArcelorMittal Kryvyi Rih repairs blast furnace in record time
May 16, 2013 - ArcelorMittal Kryvyi Rih, the largest producer of rolled steel in Ukraine, has finished the overhaul of its blast furnace number seven after just 26 days. A total of 17 operations were performed on the blast furnace.
IronArc Revolutionizing Iron Production, Halving Carbon Dioxide Emissions
May 15, 2013 - A new method for producing hot metal has been developed by ScanArc Plasma Technologies of Sweden, in collaboration with the steel group Ovako at its Hofors, Sweden, plant.
Praxair Is Building Chinese Base
May 15, 2013 - Praxair has started to build a liquid oxygen production base in Chongqing, the largest of its kind in China.
ThyssenKrupp Meets Operating Targets in First Half of 2012/2013
May 15, 2013 - In the 1st half of the 2012/2013 fiscal year (October 01, 2012 – March 31, 2013) ThyssenKrupp achieved order intake from continuing operations of €19.3 billion, down 7% year-on-year.
LanzaTech Plans to Raise $80 Million for Waste Gas-to-Biofuel
May 15, 2013 - LanzaTech NZ Ltd. plans to start raising $60 million to $80 million from venture capital and strategic investors this year to develop technology for waste gas-to-biofuel.
Salzgitter's Loss Widens in 1Q, Expects No Significant Improvement
May 15, 2013 - Germany-based steelmaker Salzgitter Group has issued its financial results data for the first quarter of the current year, stating that the performance of the company was overshadowed by persistently unfavorable general economic conditions in Europe.
Emirates Steel Develops Apprenticeship Program
May 14, 2013 - Emirates Steel, the only integrated steel plant in the UAE, has developed an internationally accredited three-year apprenticeship program that will develop the skills, knowledge and professionalism of UAE nationals.
Tata Steel Writes Down Assets Due to Weakness in Europe
May 14, 2013 - Tata Steel expects non-cash write down of the goodwill and assets in the consolidated financial statements for the year ended 31 March 2013 of around US$1.6 billion due primarily to weakness in Europe.
Sydney Morning Herald: Waste Revolution a Boost for 'Green' Steel
May 14, 2013 - Rubber, plastics and palm waste are not ingredients most people associate with steel girders and beams. New technology developed and commercialized in Australia, though, “could change the way we think about raw material resources for steelmaking,” according to inventor Veena Sahajwalla, the Sydney Morning Herald reports.
Cambelle-Inland Forms Strategic Alliance with China Gerui Advanced Materials Group
May 13, 2013 - China Gerui Advanced Materials, a high-precision, cold rolled steel producer in China, engaged Cambelle-Inland, the China investment vehicle of Craig T. Bouchard to advise it on strategic planning and expansion in North America and around the world.
Jindal Steel Orders X-Melt BOF Converter Shop from SMS Siemag
May 13, 2013 - Jindal Steel and Power Ltd. (JSPL), one of India's largest steel producers, has contracted SMS Siemag for the delivery of an X-Melt® BOF converter shop including a secondary metallurgy center and comprehensive environmental technology.
Essar Steel Launches Specialized Plate Products for Shipping and Logistics Industry
May 13, 2013 - Essar Steel announced the launch of high-end branded steel plate products for the shipping and logistics industry.
U.S. Agency Votes to Continue Case On Nickel-Plated Steel Imports from Japan
May 10, 2013 - The United States International Trade Commission (USITC) determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of diffusion-annealed, nickel-plated flat-rolled steel products from Japan that are allegedly sold in the U.S. at less than fair value.
ArcelorMittal Flat Carbon Europe Reports €43 Million Q1 2013 Operating Loss
May 10, 2013 - ArcelorMittal announced results for its Flat Carbon Europe segment for the first quarter of 2013.
ArcelorMittal Reports First Quarter 2013 Results
May 10, 2013 - ArcelorMittal, the world’s leading integrated steel and mining company, announced results for the three month period ended 31 March 2013.
TMEIC Announces Rugged New Drive for Rolling Mills
May 10, 2013 - TMEIC has introduced an improved version of its rugged TMdrive-70 medium voltage, variable frequency drive, used to provide high torque and overload capability to main drives on hot strip mills and cold mills.
Siemens to Modernize Continuous Caster for HKM in Germany
May 10, 2013 - Siemens Metals Technologies has received an order from Hüttenwerke Krupp Mannesmann GmbH (HKM) to modernize the No. 1 continuous slab caster in the DuisburgHuckingen plant.
Reuters: EU Ponders Energy Tariffs Freeze for Steelmakers
May 10, 2013 - The European Commission has asked EU member states to consider removing tariffs on energy intensive industry, in an action plan drawn up for the steel industry, EU sources said, according to a Reuters report.
Schneider Electric Introduces PlantStruxure™ PES
May 9, 2013 - Schneider Electric has introduced the PlantStruxure™ Process Expert System (PES), a single software environment that integrates control applications, supervision and field devices to configure an entire control system.
Steelmaking Could be Transformed by New Process Developed at MIT
May 9, 2013 - A new process developed by MIT researchers could change steel's role as a leading industrial source of greenhouse gases.
Tribune Review: Global Steel Glut to Force Consolidation, Execs Say
May 9, 2013 - The Tribune Review reported the steel industry is suffering from worldwide overcapacity that will result in consolidation, according to executives speaking at the AISTech Town Hall Forum on Wednesday.
Mechel Announces Successful Hot Testing of Universal Rolling Mill at Chelyabinsk Metallurgical Plant
May 8, 2013 - Mechel OAO, a leading Russian mining and metals company, announced that successful hot testing was held at the complex of Chelyabinsk Metallurgical Plant's universal rolling mill.
Vallourec Provides Tubes for Spire of One World Trade Center in New York
May 8, 2013 - Vallourec, a world leader in premium tubular solutions, announced that it has provided the tubes for the newly-installed spire on the top of One World Trade Center in New York.
Tenaris Says Oil and Gas Drilling Should Pick Up by End of Year
May 8, 2013 - Tenaris said first quarter sales decreased as higher sales of premium OCTG products in Saudi Arabia and Sub-Saharan Africa did not fully compensate for lower sales in South America and the impact of lower market prices for less differentiated products in North America.
AIST Presents Steelmaker of the Year and Other Awards at AISTech 2013
May 7, 2013 - Joon Yang Chung, chairman and chief executive officer of POSCO, was named “Steelmaker of the Year” at AISTech 2013 — The Iron & Steel Technology Conference and Exposition, managed by the Association for Iron & Steel Technology (AIST). Other award winners were also announced during the President's Award Breakfast.
Outokumpu Stainless Steel Creates Lighter Tanks and Lower Maintenance Costs
May 7, 2013 - Outokumpu delivered 150 tons of stainless steel sheet for the construction of storage tanks by Japrotek, a Finnish company that produces agitators, pressure vessels and large tanks, built on site, for the process industries.
Reuters: Trade Allies Throw Lifeline to Iran's Steel Sector
May 6, 2013 - China, Russia and Kazakhstan are among the few trade allies still providing a lifeline to Iran's vital steel and iron ore sector after most Western suppliers and buyers have cut ties due to growing sanctions pressure.
Steel Industry Unveils Design Tool For Material Comparison In Automotive Applications
May 3, 2013 - WorldAutoSteel, along with the Steel Market Development Institute, unveiled a new tool that enables vehicle designers to quickly and accurately evaluate material selection tradeoffs, including mass, cost and GHG emissions, for automotive applications.
Accenture to Provide Business Process Outsourcing Services to SSAB
May 3, 2013 - Accenture has signed a seven-year business process outsourcing agreement to provide SSAB with finance & accounting, customer care and procurement services.
Rautaruukki and Ruukki Group Settle Name Dispute
May 3, 2013 - Rautaruukki Corporation (Ruukki) and Ruukki Group Plc have settled their name dispute. Consequently Ruukki Group is to change its names. Ruukki Group is to assign all its rights to the Ruukki name and Ruukki trademark to Rautaruukki.
New Reversing Cold Mill Launched at Starcore in Thailand
May 2, 2013 - Esmech Equipment Pvt. Ltd., an Indian joint venture partner of SMS Siemag, has successfully put into operation the new reversing cold mill at Starcore Co. Ltd. in Rayong, Thailand.
RHI Acquires Additional 26% in Orient Refractories Through Public Offer
May 2, 2013 - RHI has acquired another 26% of shares of Orient Refractories Ltd.
Bahru Stainless Puts 20-Roll Millstand from SMS Siemag into Operation
May 1, 2013 - The first strip was successfully rolled on the new 20-roll cold-rolling stand at Bahru Stainless SDN BHD in Johor Bahru, Malaysia.
Mechel Signs Supply Agreement with POSCO
May 1, 2013 - Mechel's mining division trading subsidiary Mechel Carbon (Singapore) Pte. Ltd. has signed a three-year contract with South Korea's POSCO Corporation for supply of coking coal.
Konecranes Listed as One of the Best Companies for Leaders
May 1, 2013 - For the second consecutive year, Konecranes has been named to Chief Executive’s list of 40 Best Companies for Leaders.
SSAB Foresees Weak Growth in Europe, a Slow Recovery in the U.S., and Continued Solid Demand in Latin America
May 1, 2013 - SSAB said the first quarter of the year was characterized by a degree of restocking by customers, which had a positive impact on the company's volumes within all business areas.
U. S. Steel Posts $73 Million Net Loss in First Quarter
Apr. 30, 2013 - As it reported its first quarter earnings, U. S. Steel projected flat-rolled market conditions in North America for the second quarter to be comparable to the first quarter.
Outukumpu Reports Quarterly Results in Challenging Stainless Steel Market
Apr. 30, 2013 - For the second quarter, Outokumpu expects sequentially flat or slightly lower delivery volumes, weaker product mix and increased uncertainties from the nickel price development to be partially offset by the positive effects of its Ferrochrome and Calvert ramp-ups.
ArcelorMittal Ostrava to Supply Tubes for Water Conduit Project in France
Apr. 29, 2013 - ArcelorMittal Tubular Products Ostrava in the Czech Republic has concluded an important contract worth several tens of millions crowns for supplies of water tubes with polypropylene coating for an extensive project of construction of drinking water conduit in the north of France.
Edgen Group Names Senior Vice President, Americas for Edgen Murray
Apr. 29, 2013 - Edgen Group Inc., a global distributor of specialty steel products and services for the energy and infrastructure markets, has named Dan Keaton senior vice president, Americas for its Edgen Murray brand.
Georgian American Alloys Acquires Georgian Manganese
Apr. 26, 2013 - In a cross-border merger, Miami, Fla.-based Georgian American Alloys, a manufacturer, supplier and trader of ferroalloys, announced that it has acquired 100% ownership interest in Georgia-based Georgian Manganese and Vartsikhe 2005, the country’s top producer and exporter of standard and high-grade silicomanganese.
Outotec, Severstal Join Initiative to Establish Industrial Waters Center in Russia
Apr. 25, 2013 - Outotec is collaborating with OAO Severstal, Kemira and Lahti Region Development LADEC Ltd in establishing the Industrial Waters Excellency Center (IWEC) with its main training venue at Severstal's mill in Cherepovets to address issues related to industrial water consumption in Russia.
Ruukki to Grow Its Special Steels Business and Reorganize Its Construction Business
Apr. 25, 2013 - Rautaruukki is accelerating its change into a company specializing in steel construction and special steels and is also reorganizing its structure.
Sutor Wins Two Bids for Water Transmission Pipeline Projects
Apr. 25, 2013 - Sutor Technology Group's subsidiary Ningbo Zhehua Heavy Steel Pipe Manufacturing Co. has won two contracts to supply approximately 4,700 tonnes of spiral seam steel pipes for two water transmission pipeline projects in Fujian Province.
ArcelorMittal Hosts 7th Global Health and Safety Day
Apr. 25, 2013 - ArcelorMittal, the world's largest steel and mining company, hosted on 25 April 2013 its seventh annual Health and Safety Day at its sites globally.
Outokumpu Proceeds with Efficiency Measures Which Will Results in Job Reductions
Apr. 25, 2013 - As part of its intention to significantly reduce its operating expenses and return the company to profitability, Outokumpu has announced plans that are expected to result in job reductions.
Sandvik High-Temperature Tube Grade Sanicro™ 25 Achieves ASME Boiler & Pressure Vessel Code Approval
Apr. 24, 2013 - Developed for advanced ultra-supercritical steam boiler applications in highly efficient next generation power plants, Sanicro™ 25 (UNS S31035) tube grade from Sandvik has now achieved ASME Boiler and Pressure Vessel Code (BPVC) approval.
SteelBenchmarker: Global HRB Prices Continue Downward
Apr. 24, 2013 - The bi-monthly SteelBenchmarker™ World export HRB price fell 2.2% to $573 per tonne, FOB the port of export, for the fourth consecutive time.
ArcelorMittal Galati Supplies Romania's Newest Wind Farm
Apr. 24, 2013 - ArcelorMittal Galati is the sole steel supplier for a new, 32-tower wind farm in Romania, which has the potential to generate the most megawatts of any wind farm in southeast Europe.
Konecranes Appoints Senior Vice President, Human Resources
Apr. 24, 2013 - Timo Leskinen has been appointed senior vice president, human resources of Konecranes Plc and will be responsible for all human resources (competence development and administration) and corporate responsibility (health, safety and environment) matters.
ArcelorMittal Inaugurates New Middle East Hub
Apr. 24, 2013 - An inauguration ceremony for ArcelorMittal Distribution Solutions’ Middle East headquarters in Dubai’s Jebel Ali Free Zone was held on 22 April 2013.
Engineering Students Take on New Challenge in International Cold-Formed Steel Design Competition
Apr. 24, 2013 - The third International Student Competition on Cold-Formed Steel Design competition is open to all full-time students at either the undergraduate or graduate levels who are interested in cold-formed steel design, creative in problem solving, and eager to learn new technologies.
ThyssenKrupp Electrical Steel Plans to Sell Grain-Oriented Electrical Steel Business
Apr. 23, 2013 - ThyssenKrupp Electrical Steel announced it will integrate its non-oriented electrical steel product area into ThyssenKrupp Steel Europe effective 30 April 2013 and plans to sell off its grain-oriented electrical steel business.
ThyssenKrupp Steel Europe Awarded German Training & Development Prize 2013
Apr. 23, 2013 - ThyssenKrupp Steel Europe AG has been awarded the German Training & Development Prize 2013 for excellence and best practice in connecting talent management, knowledge management and demographic change management in an integrated people management system.
SMS Meer Appoints New Deputy Board Member and Manager of Tube Plants Division
Apr. 23, 2013 - Effective 1 April 2013, Norbert Theelen has been appointed deputy member of the managing-board of SMS Meer. At the same time, he assumes the management of the Tube Plants Division.
Bloomberg: Serbia Restarts Loss-Making Steel Plant After Nine Months
Apr. 22, 2013 - Zelezara Smederevo, Serbia’s sole steel mill, fired up one of its two furnaces today, restarting production after more than nine months as the government looks for an investor in the unprofitable plant, Bloomberg reports.
March World Crude Steel Production Down 1% Y-o-Y
Apr. 22, 2013 - World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 135 million tonnes in March 2013, an increase of 1.0% compared to March 2012.
ATILIM University Orders Extrusion Press from SMS Meer
Apr. 22, 2013 - The ATILIM University in Ankara, Turkey, has ordered a direct-indirect extrusion press with 10-MN press force from SMS Meer to be used for fundamental research and test series by industrial companies in the university’s “Metal Forming Center of Excellence."
Tenova Expands Further in Heat Treatment Furnaces
Apr. 22, 2013 - Loi Thermprocess, a subsidiary of Tenova, has acquired Metall Technologie Holding (mth), a worldwide manufacturer group of industrial furnaces consisting of the companies Schmetz, BMI, Mahler, IVA, RIVA and Huisen-MTH.
Abengoa to Sell Steel Dust Recycling Subisidary for €1.075 Billion
Apr. 19, 2013 - Abengoa, a company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has entered into an exclusivity agreement for the sale of 100% of its subsidiary Befesa to funds advised by Triton Partners. The deal is subject to finalizing documentation, approval by competition authorities and financial institutions.
Timken Awards Scholarships Worth Nearly $800,000 to Students at 24 Locations Worldwide
Apr. 19, 2013 - The Timken Company has awarded scholarships to 38 children of Timken employees at 24 locations in six countries around the world.
KOCKS to Supply the Largest Integrated Steel Mill in ASEAN with 3-Roll Reducing & Sizing Block
Apr. 19, 2013 - The Taiwanese Formosa Plastics Group has contracted German company FRIEDRICH KOCKS GmbH & Co KG to supply a 3-roll reducing and sizing block in heavy duty design (RSB) for their Vietnam-based subsidiary Formosa Ha Tinh Steel Corp.
Praxair Named to CR Magazine's 100 Best Corporate Citizens List for 2013
Apr. 19, 2013 - Corporate Responsibility Magazine (CR Magazine) has named Praxair to its 100 Best Corporate Citizens List for 2012, a top ranking of corporate responsibility leaders based on publicly available information.
TMK to Establish R&D Facility Near Moscow
Apr. 18, 2013 - TMK, a leading global manufacturer of tubular products for the oil and gas industry, has signed an agreement with the Skolkovo Fund to open a research and development facility in the Skolkovo Innovation Centre near Moscow, Russia.
Ternium Awarded Climate Action Member Certificate for Fifth Consecutive Year
Apr. 18, 2013 - On 9 April 2013, Ternium received the Climate Action award for the fifth consecutive year, an award given by the World Steel Association based on the data provided by member countries on their CO2 emissions.
Praxair Starts Up First Air Separation Unit in Bahrain
Apr. 17, 2013 - Praxair Bahrain announced the start-up of its first air separation plant in the Kingdom of Bahrain, to supply the United Steel Company with oxygen, nitrogen and argon.
NLMK Chairman Discusses Situation in Global Metals and Mining Sectors
Apr. 17, 2013 - Vladimir Lisin, NLMK Group’s chairman of the board of directors, recently shared his views on the current economic outlook and business development opportunities with investors from Russia, Europe and the U.S., discussing the situation in the metals and mining and transport sectors, and the strategic development of NLMK over the next few years.
SMS Siemag Announces Change to its Managing Board
Apr. 17, 2013 - SMS Siemag AG announced that Rüdiger Zerbe has, at his own request, left the Managing Board to take on other tasks outside the group.
New Gimbal Controller from Siemens to Improve Charging in Corex Plant in South Africa
Apr. 17, 2013 - Siemens Metals Technologies has received an order from ArcelorMittal South Africa – Saldanha Works, to modernize the controllers of the two Gimbal charging systems in a Corex plant of the company.
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