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Editorial calendar steel market europe 3.2014
Extract of steel market europe 3.2014
New title, new look in 2014: We are changing the magazine's title to »steel market europe« - more information here
steel market Europe 03.2014
steel market Europe 02.2014
steel market Europe 01.2014
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.
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.
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.
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.
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.
Tata Steel has completed a series of investments at its Steelpark site at Wednesfield in the West Midlands that has strengthened the site’s position as the UK’s largest steel processing centre. The start-up of a further multi-strand blanking line has completed the expansion of Steelpark’s new Light Gauge Service Centre, which operates cut-to-length, blanking and slitting lines processing hot rolled, cold rolled and galvanized steel coils. The £15 million of investment at Steelpark saw the opening last year of the UK’s largest Plate Profiling Centre. The Automotive Service Centre at Steelpark has also received substantial investment with the commissioning of new and upgraded tailor welded and press blanking lines.
In December 2014 Automazioni Industriali Capitanio received the FAC from Aceros DM for the MV drive system suited to command the 10 passes block of the wire rod line installed in San Luis de Potosi, Mexico. The target of the project was to replace the existing two DC motors coupled in series to reduce maintenance costs and activities and to improve the reliability of the original system installed in 2005.
Vallourec is making changes, applicable from April 2, 2015. The Group will now operate in four regional units: Europe, North America, the Eastern Hemisphere and South America. "This new, simplified organization is part of Vallourec's commitment to greater closeness to its customers and markets, to greater efficiency for its industrial operations and to faster decision-making processes," declared Philippe Crouzet, Chairman of the Vallourec management board. It is intended to support the changes taking place in the Group, most visible in the competitiveness plan launched recently.
The outlook for China’s steel market over April remained at similar levels to March, underpinned by expectations of stronger construction activity during China’s warmer spring months, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a headline reading of 74.7 out of a possible 100 points. The April index rose 2.4 points from 72.2 in the previous month, and was the highest reading since March last year. The CSSI reflects expectations of market participants for the month ahead. A CSSI reading above 50 indicates an increase/expansion and a reading below 50 indicates a decrease/contraction.
The European Steel Day is an annual event hosted by the European Steel Association. It provides a common voice for the industry and underlines the benefits of steel as a material. This annual event is a unique occasion for representatives from the steel sector, EU policy makers, business representatives and journalists to discuss the competitiveness and main challenges of the steel industry in Europe.
The European Steel Day 2015 edition will take place on Thursday 28th May at the Square Meeting Centre in Brussels (Belgium).
As both the new European Commission and European Parliament took office, this fifth edition of the European Steel Day will be an excellent opportunity to discuss the EU’s objective to boost industrial competitiveness, growth and jobs and the role of the European steel industry to achieve this objective.
Registration is mandatory as seats are limited. The event is free of charge.
Ovako has completed its acquisition of Tibnor Oy following approval from the European Commission and the competition authorities in Finland and Estonia.In conjunction with the acquisition, Tibnor Oy will also change its name to Ovako Metals Oy Ab. Tibnor Oy purchases, warehouses, processes and distributes steel and other metals for the engineering, process and construction industries. The company has approximately 50 employees and sales in 2014 were EUR 67.3 million.
The acquisition of Tibnor Oy in Finland should be seen as a component of Ovako's efforts to enhance its presence and collaboration with customers in new and existing markets. During 2012 and 2013, Ovako opened new sales offices in Italy, Eastern Europe and China. The acquisition is expected to have a slightly positive influence on Ovako's operating profit and a slightly negative influence on cash flow for 2015.
Outotec has published its annual sustainability report, which describes the company's approach to sustainability, performance and achievements during 2014 as well as future targets. The theme of this report is 'Maximizing our handprint', illustrating the positive impacts of Outotec's solutions and services on resource efficiency and smaller environmental footprint. Outotec's sustainability work in 2014 included, for example, establishing a Sustainability Advisory Council for increased stakeholder dialogue, transition to the GRI G4 guidelines in the reporting, updating the materiality assessment and more comprehensive reporting of supplier performance. Key achievements were the larger positive effect (5.9 million t CO2-e emissions avoided) from the use of Outotec's five metals-related technologies and the share of Environmental Goods and Services in order intake, which reached 90 % for the first time.
Tata Steel has almost halved energy costs at its steel facility in Düsseldorf after building an innovative new power plant. The combined and heat power (CHP) plant will reduce the site’s annual energy costs by about €1 million (£750,000) and cut emissions of CO2 by almost 50%. The power station is the company’s first of its type and has been built on the premises of Hille & Müller, part of Tata Steel’s plating business. The enterprise, which employs 275 people, is one of Europe’s leading producers of specialised steel which is used to case household and car batteries. It was also the first company in the world to produce electroplated steel strip.
The European Commission has imposed provisional anti-dumping duties of up to 25,2 % on SSCR imports from PR China and up to 12,0 % on imports from Taiwan, following the complaint which was filed by Eurofer in May 2014.The Commission’s investigations have confirmed that imports of SSCR from China and Taiwan were sold at dumped prices and caused significant injury to the EU stainless steel industry.
At the shared booth of the German Forging Association at the Hannover Fair Siempelkamp introduces single-source solutions for new installations and upgrading of exceptionally large plants for all stages of metal forming. With two current large projects the company proves its high competence as a systems supplier and provider of complete solutions: At Electrostal in Russia with presses along the entire process chain for the manufacture of rings with a diameter of up to 4 000 mm and at Dalian Shijie in China with a 200 MN closed-die forging press. Siempelkamp is the world’s only manufacturer for large metal forming presses which can provide the entire range of services from a single source including the casting and machining of the parts all the way to their installation and startup at the customer's site.