Archive for the ‘News’ Category

Crude Steel Production 2007

Monthly statistics for Crude Steel Production 2007 Click pictures to make larger Incoming search terms:crude steel productioncrude steel

TATA Steel to consolidate raw materials in an international firm

ET reported that TATA Steel is planning to form an international company for consolidating its raw material assets that are spread across the world and which could eventually be used to raise funds for future acquisitions. Mr Koushik Chatterjee group CFO of TATA Steel said that “We will reorganize our group structure to unlock shareholder value […]

Novolipetsk Steel won 2007 Best Russian Exporter

Novolipetsk Steel has won the 2007 Best Russian Exporter contest in the category of Ferrous Metals – Best Exporter in the Industry”. The award ceremony was held on  20 June, 2008 in Moscow.  The contest was held by the Ministry of Industry and  Trade of the Russian Federation as part of the State Support Program of the Russian […]

MSL set to acquire Indonesian mining firm

ET reported that Maharashtra Seamless Limited is in the race to acquire an Indonesia based iron ore mining firm for around INR 300 crore. It is learnt that the Indonesian firm has iron ore reserves of close to 20 million tonne. If the deal goes through, Maharashtra Seamless would also establish a 1 million tonne […]

ArcelorMittal announced JV in China

ArcelorMittal the largest Steel producer in the world announced on Friday that they would launch a flat carbon steel JV partnership with Hunan Valin Group and Hunan Valin Steel.   Hunan Valin Steel will own 34 percent in the new joint venture while ArcelorMittal and Hunan Valin Group will each have a 33 percent stake.   This […]

May 2008 US Imports Down 18 Percent vs. April

A report by the American Iron and Steel Institute was released today showing that there was a 18% decline in may, 2008 steel imports over april, 2008.  The U.S. importred a total of 2,451,000 (NT) of steel in may 2008, including 1,998,000 (NT) of finished steel.  For the first 5 months of 2008 total and finished […]

Steel Prices on the rise

Its 2008 and oil prices are at there highest in history, the world is finally realizing after years of prices rising that oil is limited and that we need to figure out an alternative to oil. Well the government has been tooting corn and soy beans as alternative crops to make bio diesel. Mean while […]

ArcelorMittal to buyout Bayou Steel Corp.

The Luxembourg steelmaker ArcelorMittal said Monday it will buy Bayou Steel Corp. One of ArcelorMittal Steel mill’s below       Bayou Steel Corp. operates a minimill on the Mississippi River in LaPlace, and has a rolling mill in Harriman, Tenn.  They also run an automobile shredder at the LaPlace plant, barge wrecking and scrap yards in LaPlace, and […]

ASTM A710 Grade B

ASTM A710 Grade B the name of a high-performance structural steel A copper-precipitation-hardened, high-performance Grade 70 weathering steel and was developed at developed at Northwestern University with the support of the Federal Highway Administration, the Illinois Department of Transportation, and Northwestern University’s Infrastructure Technology Institute. The steel is not only stronger then conventional high-performance structural steel […]