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ArcelorMittal Has Entered Into a MoU to Build an Automotive Steel Manufacturing Facility

May 27, 2015

Luxembourg based steel and mining company ArcelorMittal has entered into a Memorandum of Understanding (MoU) with Steel Authority of India (SAIL) to build an automotive steel manufacturing facility in India. As per the MoU, both the ...

Tags: ArcelorMittal, Automotive Steel

Chinese Steelmakers Eyes on Overseas Markets

Nov 10, 2014

Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...

Tags: Chinese Steelmakers, Iron, Steel

Voestalpine Has Announced That It Will Invest €140 Million Over Next Few Years

Oct 30, 2014

Austrian steel producer voestalpine has announced that it will invest around €140 million over the next few years, constructing a new plant which will produce premium special steel products for the Chinese market. Construction is ...

Tags: Voestalpine, Invest, Energy

SAIL Commissions New Sinter Machine and Coke Oven Battery No. 11 at Bhilai Steel Plant

Oct 22, 2014

Indian state-owned steelmaker Steel Authority of India (SAIL) has announced that it has commissioned the new sinter machine and the coke oven battery No. 11 at its Bhilai steel plant. According to SAIL, these two units are critical ...

Tags: Coke Oven Battery, Sinter Machine

EC Gives Italy Two Months to Address Severe Pollution Issues

Oct 22, 2014

The European Commission has given Italy two months to address severe pollution issues at the Taranto-based Ilva steel plant, Europe's largest iron and steel works. The Commission had previously sent Italy two letters of formal notice, in ...

Tags: iron, steel

JSW Steel to Buy The Steel Complex of Italian Steelmaker Lucchini in Piombino

Sep 17, 2014

Sajjan Jindal, the millionaire owner of Indian steel producer JSW Steel, has stated that he has offered less than $100 million to buy the steel complex of Italian steelmaker Lucchini in Piombino, Tuscany, Italy, while not wanting to take on ...

Tags: JSW Steel, Mineral

The Focus of The Talks Held by Jsw Steel Chairman Was The Issue of Industrial Policy

Sep 9, 2014

Matteo Renzi, Italian prime minister, and Enrico Rossi, president of the region of Tuscany, held talks at the weekend with JSW Steel chairman Sajjan Jindal, as the Indian giant considers investing in some of the country's steel assets. The ...

Tags: Metallurgy, Mineral, Energy, Steel

Indian Finance Ministry Should Review Its Budget Proposal to Increase The Royalty Rate

Aug 13, 2014

On July 22, the Indian industry body ASSOCHAM has suggested the Indian Finance Ministry should review its budget proposal to increase the royalty rate on iron ore from 10 percent to 15 percent with a view to maintaining cost competitiveness ...

Tags: iron ore, domestic industry, Mineral

ThyssenKrupp Has Decided to Shut Down One of The Two Electric Arc Furnaces at AST

Aug 13, 2014

German steelmaker ThyssenKrupp has announced that it has decided to shut down one of the two electric arc furnaces at Acciai Speciali Terni (AST), its stainless steel plant in Italy, in 2015-2016 to focus on cold rolled products. ...

Tags: ThyssenKrupp, shut down, Metallurgy, Mineral

A Steelworker Injured in an Accident at a CMC Steel Plant Near Seguin,Texas Died

Aug 12, 2014

A steelworker injured in an accident at a CMC Steel plant near Seguin, Texas died Wednesday according to authorities. Clifton Wright, 21, suffered burns to as much as 80 percent of his body after the incident Sunday, which occurred in the ...

Tags: accident, CMC Steel plant, Wednesday

The Aim of The Modernization Is to Reduce Emissions

Aug 12, 2014

Austria-based plantmaker Siemens Metals Technologies announced today, July 14, that it has received an order from Indian steelmaker Tata Steel to modernize the secondary emission system in its LD2 shop in Jamshedpur. The aim of the ...

Tags: Tata Steel, Siemens Metals Technologies, Metallurgy, Mineral

Vama Forayed Into The Automotive Manufacturing with The Opening of a New Chinese Plant

Jun 26, 2014

Valin ArcelorMittal Automotive Steel (VAMA) has forayed into the automotive manufacturing with the opening of a new advanced automotive steel plant in China with a total investment of CNY5.2bn ($832m) Located in the economic zone in Loudi ...

Tags: ArcelorMittal, Automotive Steel Plant

SMS Siemag Will Revamp One of The Two Compact Strip Production

May 15, 2014

Germany-based plantmaker SMS Siemag has announced that it will revamp one of the two compact strip production (CSP) casters of the Indian steelmaker JSW Steel. The modernization of the CSP slab at the steelmaker's Dolvi steel plant in the ...

Tags: JSW Steel, Slab Casting

Ruukki Will Replace The Blast Furnace Oil Injection System at Its Raahe Steel Plant

Apr 15, 2014

Finland-based steelmaker Ruukki has announced that it will replace the blast furnace oil injection system at its Raahe steel plant with a new pulverized coal injection (PCI) system to improve steelmaking cost efficiency by reducing raw ...

Tags: Ruukki, steelmaker

Essar Won a Second Contract for a Project at The Sail Bhilai Steel Plant in Chhattisgarh

Apr 8, 2014

Indian steel producer Essar has announced that its Projects Minerals & Metals Asset has won a second contract from Indian state-owned steelmaker Steel Authority of India (SAIL) for a project at the SAIL Bhilai steel plant in Chhattisgarh. ...

Tags: steel, Metallurgy, Mineral

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