From the editor’s desk:

Steel industry news from around the world

Advanced quench-and-temper facility from SMS group at Timken Steel Gambrinus works in full swing

Heat treatment plant at Timken Steel, Canton, OH/USA

The advanced quench-and-temper plant has commenced full commercial production at Timken Steel’s Gambrinus works in Canton, Ohio/USA. The new heat-treatment line supplied by SMS group is able to treat 10 tons per hour of steel bars and heavy-walled tubes, up to 13 inches in diameter, precisely complying with specified values. Carolee Vanicek, director of tube […]

draw bench

MMK-Metiz modernizes bright steel manufacturing facility

Russian bright steel manufacturer MMK-METIZ (a company of MMK group) has awarded EJP the order for the supply of two drawing lines to be installed at the Magnitogorsk works. The company ordered a combined drawing line for bright steel with diameters…
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Nippon Steel & Sumitomo Metal Co. to acquire Ovako group from Triton

Nippon Steel & Sumitomo Metal Corporation (NSSMC), one of the world's largest steel producers, has signed an agreement with funds advised by Triton to acquire 100 percent of Nordic steel company Ovako Group. The acquisition is subject to…
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Nucor orders plant equipement from SMS group for the merchant bar operations expansion

US steelmaker Nucor has chosen SMS group as the primary technology supplier for its new 500,000 tons per year merchant bar mill. The new facility will be installed at its existing bar mill located in Bourbonnais, Illinois, with production scheduled…
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Nucor to invest USD 240 million to build a rebar mill in Florida

Nucor Corporation will build a rebar micro mill in Frostproof, Florida, which is located in Polk County. This is a US$240 million investment and is the second rebar micro mill Nucor is constructing. In November 2017, Nucor announced a rebar…
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Ovako publishes financial figures for 2017 and presents updated strategy with new financial targets

In 2017, nordic steel company Ovako Group achieved  revenues of  EUR 921 million. The company had 3,040 employees at year-end. Ovako´s sustainability report has been integrated to the Annual Report published today. “We ended 2017 in a…
Digital twin on the tablet computer

SMS group starts R&D project on dynamic planning and optimization processes for steel mills

As part of its digitalization offensive, SMS group has kicked off a research and development project on intelligent production planning in cooperation with Jacobs University of Bremen, Germany. The project will cover aspects such as dynamic…
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ArcelorMittal and NSSMC again join forces: JV to acquire bankrupt Indian Essar Steel

ArcelorMittal has signed a joint venture formation agreement with Nippon Steel & Sumitomo Metal Corporation (NSSMC) in relation to its offer to acquire Essar Steel India Limited (Essar Steel), which is currently undergoing resolution proceedings…
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ArcelorMittal to upgrade flat steel service centre in Neuwied, Germany

ArcelorMittal Germany is investing around 16.5 million euros for the expansion of the Neuwied site. The service centre processes 30-t coils produced at the group's steel mills in Bremen (Germany), Eisenhüttenstadt (Germany) and Ghent (Belgium),…
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Severstal to build new blast furnace No. 3 in Cherepovets, Russia

Refurbishment of blast furnace No. 5 “Serveryanka” postponed until 2022 Russia-based Severstal, one of the world’s leading vertically integrated steel and mining companies, has announced its investment plan for 2018. One of the most significant…
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Delegation from Japanese steel institute visits EAF meltshop at Hellenic Halyvourgia, Greece

In December 2017 a delegation from the Iron and Steel Institute of Japan visited the SHARC electric arc furnace plant (Shaft Arc - electric arc furnace with scrap preheating in the shaft) at Hellenic Halyvourgia (HLV) in Volos, Greece. Hellenic…
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Magnitogorsk Iron & Steel to modernise wide hot strip mill

Russian steelmaker Magnitogorsk Iron & Steel Works (“MMK”) awarded SMS group the order for the supply of equipment to be used in the reconstruction of the finishing train of hot-rolling mill 2500 at sheet rolling plant No. 4. Under the…
Employees celebrating the production record

Production record at the TAKO plant at thyssenkrupp Steel Duisburg works

Cold strip mill produced 30 million t of automotive grade steel Since March 2001, the so-called TAKO mill – a state-of-the-art pickling line/tandem cold mill has been in operation at the Duisburg-Beeckerwerth (Germany) works of thyssenkrupp…