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1/29/2015 - First Mexico-based aluminum and carbon steel configured blanking facility

ThyssenKrupp Materials NA, Inc. expands Silao facility

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ThyssenKrupp Materials de Mexico S.A. de C.V., for its Lagermex brand, a unit of ThyssenKrupp Materials NA, Inc. (TKMNA) is expanding its current blanking operations in Silao, Guanajuato, Mexico with a $20 million USD investment that will add nearly 55,000  square feet (5,100 square meters) and a new, state-of-the- art aluminum and carbon steel blanking line. TKMNA expects to complete the expansion project and begin production in the fourth quarter of 2015.

“This expansion is important to our business as it positions us as the first Mexico-based facility to offer both aluminum and advanced high-strength steel configured blanking capabilities for our customers,” said Christian Dohr, President and CEO, TKMNA. “Once complete, it will also benefit the Silao community, adding 35 full-time positions to the facility.”

The expansion centers around a new Schuler blanking line with the ability to process both aluminum and carbon steel, addressing the automotive industry’s needs in using aluminum in place of other materials for specific automotive applications. Additionally, the line will process carbon steel for exposed and unexposed automotive applications, including high-strength steel up to 1,500 MPa of TS. The new blanking line and expanded facility will increase the processing capacity of the Silao plant by nearly 70 percent, to 270,000 t/a.

Source: ThyssenKrupp Materials NA, Southfield/MI, USA
1/29/2015 - Alacero, Latin America during Jan/Nov 2014

Production of finished steel products falls, trade deficit increased

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The figures for the first eleven months of 2014 are continuing to demonstrate a Latin American steel market with weak growth, reflecting the global and regional economic slowdown, but with rising imports. During January-November 2014, the regional crude steel production increased by only 1 % while production of finished decreased -1 % compared with the same months of 2013. On the other hand, consumption grew 2 %, being increasingly supplied by imports.

Finished steel imports continue to represent 33 % of the Latin American consumption and the regional trade balance continues to deteriorate. In Jan/Nov 2014, the deficit in tons deepened 17 % vs the same months of 2013.

Source: Alacero, Santiago de Chile
1/27/2015 - Eastern China

Ferrous scrap prices fall in on lower steel prices

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Ferrous scrap prices fell in eastern China for the third consecutive week, as steel mills in the region continued cutting scrap buying prices on falling steel prices. Platts assessed heavy melting scrap 6 mm and above thick at Yuan 1,800/mt ($289/mt) in eastern China Friday, January 23, including VAT, delivered to Zhangjiagang, Jiangsu province, down Yuan 30/mt from a week earlier.
Jiangsu Shagang Group Thursday lowered its scrap buying price by Yuan 30/mt, which was the second cut within a week after a reduction of Yuan 20/mt last Friday. The move followed the mill's reduction in rebar ex-works price for January 21-31 by Yuan 120/mt, Platts reported earlier.

Source: Platts, Singapore
1/26/2015

Philippe Darmayan appointed Chairman of ArcelorMittal France

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Philippe Darmayan is a graduate of the Ecole des Hautes Etudes Commerciales (HEC). He has spent his entire career in the metallurgical sector (nuclear fuel, aluminium, carbon steels and stainless steels). Philippe Darmayan began his career in the Pechiney Group, where he occupied plant or business management roles, in particular the management of the Group's Aerospace business.

From 2011 to 2014, he was CEO of Aperam, one of the world's leading stainless steel producers. Previously, he was executive vice-president in charge of ArcelorMittal’s distribution business and a member of the Group’s Management Committee.

Philippe Darmayan is also Chairman of the International Stainless Steel Forum (ISSF), President of the French Steel Federation (FFA) and co-founder of A3M, the Ores, Minerals & Metals Alliance.

Hervé Bourrier retains his role as CEO of ArcelorMittal France.

Source: ArcelorMittal, France
1/26/2015 - Outotec

World's 12th most sustainable company on the Global 100 index

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Outotec ranked 12th on the 2015 Global 100 Most Sustainable Corporations in the World (Global 100) Index. This was the third consecutive year Outotec was included in the index (ranking 3rd in 2014). Corporate Knights media and investment advisory company screened altogether 4 609 listed companies and included in the index the top overall sustainability performers in their respective industrial sector. Commenting on this year's Global 100, Toby Heaps, Corporate Knights CEO, remarked, "The Global 100 represent the corporate trailblazers who are forging new ways to make more with less".

Source: Outotec Oyj, Espoo
1/23/2015 - worldsteel

World crude steel output increases by 1.2% in 2014

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World crude steel production reached 1,662 million t (Mt) for the year 2014, up by 1.2% compared to 2013. In 2014, the Middle East, the smallest region for crude steel production had the most robust growth. Crude steel production in the EU (28), North America and Asia grew modestly in 2014 compared to 2013, while in the C.I.S. and South America it decreased.

Source: worldsteel, Brussels
1/22/2015 - SSAB

Chairman of the Board leaves his assignment in 2015

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SSAB’s Chairman of the Board, Sverker Martin-Löf, has informed the company's principal owner, Industrivärden, that he is not available for re-election at the annual general meetings during the spring 2015 in the listed companies, where he currently holds board assignment. Sverker Martin-Löf has been Chairman of the Board in SSAB since 2003.

Source: SSAB, Stockholm
Zenica plant. Photo: AM
Zenica plant. Photo: AM
1/21/2015 - Bosnia and Herzegovina

ArcelorMittal Zenica invests €4.65m in new coil production facility

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ArcelorMittal Zenica, the region’s largest steel producer, has announced further enhancements to its production facilities, in an investment project valued at €4.65m. Once the project is complete, the new facilities will be capable of producing high density coils of ‘rebar’ (re-inforcement bars) – demand for which is strong – and will greatly reduce the cost of finishing. ArcelorMittal Zenica will be the sole producer of the rebar in coil in the Balkan region which will boost its market share in southeast Europe and extend the plant’s product range. By 2019, it will ensure full operation of the bar mill. Machinery will be installed by SMS group, one of the world’s leading specialists in steel production machinery.  

Source: ArcelorMittal, Luxembourg
1/21/2015 - Llanwern, South Wales

Tata Steel opens Europe’s most powerful decoiler

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Tata Steel has commissioned a new £11 million heavy-gauge decoiler in Llanwern, South Wales, capable of supplying manufacturers with stronger steel to improve their own products. The state-of-the-art facility is the most powerful in Europe and can process 270 000 t of hot rolled coil a year. The decoiler unwinds, flattens, then cuts the steel to size. Its strength enables it to produce ultra-flat sheet in thicknesses of up to 25mm, providing ample capability to meet the current as well as future requirements of customers in the construction and earth-moving equipment (CEME), and materials handling sectors.

Source: Tata Steel, London
1/20/2015 - Coal mines

ArcelorMittal sells its Kuzbass coal mines

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ArcelorMittal announces the sale of its interest in the Kuzbass coal mines in the Kemerovo region of Siberia, Russia, to Russia’s National Fuel Company (NTK). The assets include the coal mines of Berezovskaya and Pervomaskaya, which together produce 700 000 t of coal a year. ArcelorMittal acquired the Kuzbass mines in 2008 as part of the company’s strategy to secure delivery of coal to ArcelorMittal steel operations in Ukraine.

Source: ArcelorMittal, Luxembourg
1/19/2015 - Alacero

Latin American engineers and students win regional phase of 9° SteelChallenge

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The 9° Regional SteelChallenge organized by worldsteel, the association that gathers steel companies worldwide, took place last December 17th. The event-supported and promoted by Alacero among its member companies and regional universities- challenges professionals and students to manufacture steel of a given quality at the lowest cost in 24 hours, using an online simulation methodology.

Source: Alacero, Santiago
Hardox tubes. Photo: SSAB
Hardox tubes. Photo: SSAB
1/16/2015 - SSAB’s new Hardox Tube 500 range

Extreme wear resistance for lighter products with a long service life

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The new Hardox Tube 500 range has been launched by SSAB. The new range provides the same hardness and toughness as Hardox wear plate, but in circular form. Hardox Tube 500 was developed to give outstanding performance in any application where high wear resistance in combination with a lighter product solution is beneficial.

Source: SSAB, Stockholm
1/15/2015 - Chinese removal of boron-alloy steel export rebates: for better or worse?

Foreign trade-distorting industrial policies are detrimental to the recovery of the European steel industry

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China practices an industrial policy actively supporting its domestic steel industry. Having introduced VAT export rebates promoting higher value-added products, this measure has triggered unprecedented export surges in a weak domestic steel market. China announced a removal of these rebates on 1st January 2015. However, the recent lifting of Chinese VAT export rebates applies to a selection of the steel products concerned and only when boron is added. Reportedly, Chinese operators are looking for ways to circumvene the rebate removal by replacing boron by other alloys such as chrome.

Source: Eurofer, Brussels
1/15/2015 - worldsteel's 2nd Twitter Debate

Why is steel the competitive material of choice in a sustainable world?

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worldsteel announces the 2nd Twitter Debate, Steel: the material of choice in a sustainable world. The discussion is scheduled at 14:00 GMT for an hour on Tuesday 27 January. Today, the steel industry employs more than eight million people worldwide, produces 1.6bn t of steel, and spends over $12 billion annually on improving the manufacturing process, new product development and future breakthrough technology. We not only play a key role in the world’s economic lifecycle but we are also an industry committed to achieving a vision of a more sustainable world.

Source: worldsteel, Brussels
1/14/2015 - Platts

Nominations now being accepted for the 2015 Platts Global Metals Awards

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Nominations are now being accepted for the 2015 Platts Global Metals Awards, which recognize corporate and individual excellence in more than a dozen performance categories spanning the metals arena, announced program host Platts, a leading global provider of metals, energy, petrochemical and agriculture information. All nominations must be received by March 4, 2015.

Source: Platts, London