Steel Archive

EU Action Plan for Steel: “The real emergency in terms of policy is the energy and climate policy in Europe”

The Commission meets 14 member states and the CEOs of the EU’s largest steelmakers European Commission Vice-President Antonio Tajani and the Commissioner for Employment, László Andor, have convened a High Level Group on the future of the European steel industry, meeting tomorrow, 4 December, in Brussels. The 14 largest steel producing EU member states, the

Chinese Companies Sign MoUs for Procuring 338 Million USD Products from Indian Companies. Commerce Department Organize B2B Matchmaking Companies to Promote Indian Exports

In a structured process of procurement of Indian products15 MoUs between Indian and Chinese companies, worth value of 338 million USD were signed today. The products regarding which procurement MoUs were signed include zinc concentrates & copper concentrates, cotton yarn, frozen fish/ linter, cotton & cotton yarn, menthol, castor oil &guar gum, acrylic tow, Indian

Production and Consumption of Steel

The Minister of Steel, Shri Beni Prasad Verma has said that data on production for sale, real consumption and stock of total finished steel (alloy + non-alloy) during the last three years and the current year is given below:-   Year Total Finished Steel (alloy + non-alloy)   (million tonnes or mt) Production for sale Real Consumption

Steel on Stilts? – Chawm Ganguly

The Rupee is on a free fall. And naturally, in its wake, it has dealt a body blow to all industries dependent on imports. Take metallurgical coke for instance. This vital raw material for those producing steel through the blast furnace route is rising, reflecting the Rupee-Dollar dichotomies.  While the merchant coking coal companies are

EVRAZ Q2 2013 PRODUCTION REPORT

EVRAZ plc (LSE: EVR) today releases its operational results for the second quarter of 2013. Q2 2013 OPERATIONAL HIGHLIGHTS:   Consolidated crude steel production was flat in Q2 2013 vs. Q1 2013 and the Company’s key steelmaking facilities in Russia and North America continued operating at high utilisation rates Output of steel products increased by

Mechel Reports 1Q2013 Operational Results

Moscow, Russia – May 13, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2013 operational results. Production: Product Name 1Q2013, thousand tonnes 4Q2012, thousand tonnes % 1Q2013, thousand tonnes 1Q2012, thousand tonnes % Run-of-mine coal 6,406 6,970 -8 6,406 6,413 0 Pig Iron 972 1,054 -8 972

Mechel Announces Holding Successful Hot Testing of Universal Rolling Mill at Chelyabinsk Metallurgical Plant

Moscow, Russia — May 6, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that successful hot testing was held at the complex of Chelyabinsk Metallurgical Plant’s universal rolling mill. During hot testing, the mill produced its first batch of structural shapes – 25SH1-type bar. This is the

Mechel Announces Board of Directors’ Resolutions

Moscow, Russia — April 22, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the resolutions of Mechel OAO’s Board of Directors. The Board of Directors of Mechel OAO (the Company) held a meeting on April 19, 2013. The following resolutions were adopted at the meeting: 1. To

SSAB presents steel for use in high temperatures

Toolox, with its high temperature characteristics, will be presented by SSAB at Bauma in Germany. The steel, which was initially developed for the casting of plastic parts, has also proved to have the characteristics required from extreme high-temperature environments, where material is exposed to great force and high wear. The target group now identified by

STEEL ELIMINATES WEIGHT GAP WITH ALUMINIUM FOR CAR BODIES

New studies show a further reduction in body structure mass DETROIT – 16 April 2013 – The latest in a continuing series of research studies strongly suggest that steel auto body structures in the near future can be as lightweight as today’s aluminium bodies, while meeting all crash performance standards and at comparable cost of