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4/28/2015 - World Steel Association

worldsteel renews calls for a safer industry by making Steel Safety Day an annual event

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The World Steel Association (worldsteel) announces today the launch of the second annual Steel Safety Day. Established in 2014, Steel Safety Day was set up to reinforce awareness of the five most common causes of safety incidents and to create a safer working environment across the entire steel industry worldwide. By focusing on the five causes - moving machinery, falling from heights, falling objects, gas & asphyxiation, and moving cranes - worldsteel intends to set up a continuous improvement process and reiterate its commitment to the safety and health of the people who work in the industry.

Source: worldsteel, Brussels
AISTech
4/27/2015 - SSAB

Report for the first quarter of 2015

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The quarter sales of SSAB were SEK 15,468 (9,521) million, operating profit, excluding items affecting comparability, was SEK 564 (26) million. The profit/loss after financial items, excluding items affecting comparability, was SEK 350 (-135) million, earnings per share SEK 0.52 (-0.15). Items affecting comparability affected the profit/loss after tax by SEK -31 (-) million and earnings per share by SEK ‑0.06 (-). Operating cash flow was SEK 784 (-275) million. The Rautaruukki transaction has been completed, through both the completion of the divestment of the assets which was a condition for the combination, and the redemption of the shares held by minority shareholders.

Source: SSAB, Stockholm
4/24/2015 - Eurofer

EU recovery on a more solid footing – risks still loom

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The slight improvement in GDP growth in Q4-2014 combined with the recent uptrend in economic indicators bode well for a more broad-based gain in economic momentum in the EU. The weaker Euro and low oil price will provide a major boost to domestic demand and exports. Private consumption looks set to take the lead as the key driver of economic growth in 2015. Low energy prices, low inflation, falling unemployment and rising wages facilitate spending decisions. Robust growth is forecast for Spain, the UK and Germany.

Source: Eurofer, Brussels
Nickel Compounds – the inside story. Photo: Nickel Institute
Nickel Compounds – the inside story. Photo: Nickel Institute
4/24/2015 - The Nickel Institute

Nickel compounds explained in new publication

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The Nickel Institute has published Nickel Compounds – the inside story,  a free 16-page guide to nickel compounds written for non-specialists by industry experts. Nickel Compounds, the inside story shows how nickel compounds are essential to a wide range of industrial sectors including transport, aerospace, marine and architectural applications and for the manufacture of many consumer goods.

Source: The Nickel Institute, Brussels
4/23/2015 - ESTAD from 15 to 19 June in Düsseldorf

METEC and 2nd European Steel Technology and Application Days

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The METEC and 2nd European Steel Technology and Application Days (ESTAD) 2015 welcomes from 15 to 19 June, 2015, in the CCD South at Messe Düsseldorf steel experts from all over the world. The conference will start with a high level Opening Session including welcome speeches and overview presentations on the German and European steel industry. During two parallel Plenary Sessions, technologies for steel production and steel application will be discussed. Representatives from global leading steel plant suppliers, university institutes and steel users present their latest developments and demands.

Source: Steel Institute VDEh, Düsseldorf
4/22/2015 - Eurofer

Regional steel trade groups say China's new steel policy "lacks true market-based reforms"

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Eight national and regional trade associations representing steel interests in Europe, North and South America have joined together in expressing concern to the Chinese government that its recently revised "Steel Adjustment Policy" on manufacturing and trade, released in March, still does not address the root causes of the trade imbalance regarding steel imports from that nation. The policy also continues a strong role for the state rather than true market forces in the direction, structure and performance of the Chinese steel industry.

Source: Eurofer, Brussels
4/22/2015 - worldsteel

March 2015 crude steel production decreases

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World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 138 million t (Mt) in March 2015, a -2.7% decrease compared to March 2014. In the first three months of 2015, Asia produced 272.0 Mt of crude steel, a decrease of -1.1% over the first quarter of 2014. The EU produced 43.7 Mt of crude steel in the first quarter of 2015, slightly down by -0.6% compared to the same quarter of 2014. North America’s crude steel production in the first three months of 2015 was 28.1 Mt, a decrease of -6.4% compared to the first quarter of 2014. The C.I.S. produced 24.8 Mt of crude steel in the first three months of 2015, a decrease of -5.9% over the same months of 2014.

Source: worldsteel, Brussels
4/21/2015 - worldsteel

Short Range Outlook 2015 - 2016

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The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2015 and 2016. worldsteel forecasts that global apparent steel use will increase by 0.5% to 1,544 Mt in 2015 following growth of 0.6% in 2014. In 2016, it is forecast that world steel demand will grow by 1.4% and will reach 1,565 Mt. Commenting on the outlook, Hans Jürgen Kerkhoff, Chairman of the worldsteel Economics Committee said, “We are releasing a restrained growth outlook for the global steel industry mainly due to the deceleration in China. The outlook also reflects the influence of major structural adjustments in most economies, particularly owing to limited investment growth post 2008. As these changes take effect, the steel industry will experience a slower pace of growth, it will focus on operational efficiencies and on the value that steel products generate for customers and society.”

Source: worldsteel, London
4/21/2015 - ArcelorMittal

2014 sustainability report released

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ArcelorMittal, the world’s leading steel and mining company, today publishes its 2014 sustainability report, ‘Steel: the sustainability challenge’. The report launches the company’s 10 new sustainable development outcomes which outlines what the company needs to achieve in order for its steel to be recognised as one of the world’s most sustainable materials. It also details the company’s sustainability  highlights, including how ArcelorMittal made an economic contribution to society of $79 billion in 2014.

Source: ArcelorMittal, Luxembourg
Anders Lundgren. Photo: LKAB
Anders Lundgren. Photo: LKAB
4/20/2015 - LKAB Minerals

Anders Lundgren has been appointed Managing Director

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Anders Lundgren has been appointed Managing Director for LKAB Minerals German entity in Essen, effective from July 1st 2015. In addition to the role as MD Anders has also been appointed Chief Purchasing Officer (CPO) for the Minerals group. Anders has held several positions within LKAB, most recently that of Managing Director and responsible for building up LKAB’s subsidiary LKAB Trading in Shanghai who manage all purchasing undertaken in Asia.

Source: LKAB Minerals AB, Luleå
4/16/2015 - Sustainability performance report

Aperam publishes its "made for life" report for 2014

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Aperam, a leading global producer of stainless and specialty steel, publishes its made for life report, which constitutes Aperam's sustainability performance report for 2014. Built on stakeholder inclusiveness and materiality, Aperam's report follows the Global Reporting Initiative's G4 framework. It has been assured by an external audit firm as compliant with this protocol, including the reporting of material environmental performance data such as energy intensity, water withdrawal by source, CO2 intensity and air emissions.

Source: Aperam, Luxembourg
4/16/2015 - worldsteel

The steel industry calls for a holistic approach to water policies

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The World Steel Association (worldsteel) has published its position paper on water management in the steel industry highlighting that local authorities are the most competent regulatory body for the management of water as policies need to be based on local conditions. With increasing recognition of the importance of water issues globally, the management of water resources is one of the most important sustainability challenges for the steel industry.

Source: worldsteel, Brussels
4/14/2015 - Norway

Outotec to deliver zinc concentrate direct leaching technology to Boliden

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Outotec has agreed with Boliden on the delivery of zinc concentrate direct leaching and iron precipitation technologies and site services for the expansion of the Odda zinc production facilities in Norway. The parties have agreed not to disclose the contract value. Typically such solutions are worth € 10-20 million depending on the scope. The order has been booked in Outotec's 2015 first quarter order intake. 

Source: Outotec Oyj, Espoo
GreenCoat PLX can be worked with in temperatures down to -10 °C. Photo: SSAB
GreenCoat PLX can be worked with in temperatures down to -10 °C. Photo: SSAB
4/10/2015 - Global building industry

SSAB launches GreenCoat

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SSAB is launching GreenCoat color-coated steel solutions to the global building industry. GreenCoat offers superior corrosion resistance, long lasting appearance and a lower impact on the environment, even in harsh weather conditions. GreenCoat is SSAB’s new brand for innovative, sustainable color coated products for the building industry and other segments. GreenCoat products feature a color coating partially developed from plant oil instead of traditional fossil oil-based supply, which significantly reduces their environmental footprint. The GreenCoat products are highly resistant to corrosion, UV radiation as well as scrat­ches, while still being easy to form.

Source: SSAB, Stockholm
4/9/2015 - Annual General Meeting 2015

SSAB elected Bengt Kjell new Chairman of the Board

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SSAB's Annual General Meeting (AGM) was held yesterday, April 8, 2015 in Stockholm. Bengt Kjell was elected as a new director and also as the new Chairman of the Board. The AGM also resolved that no dividends be paid for the financial year 2014. It was resolved that the Board of Directors comprises eight (8) members. Directors Petra Einarsson, Kim Gran, Matti Lievonen, Martin Lindqvist, Annika Lundius, John Tulloch and Lars Westerberg were re-elected, and Bengt Kjell was elected as a new director and as the new Chairman of the Board. Chairman Sverker Martin-Löf and director Jan Johansson were resigning members of the Board. The AGM granted the directors and President discharge from liability in respect of the financial year 2014.

Source: SSAB, Stockholm

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