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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
An international engineering group Fives was entrusted by Baosteel, the largest automotive steel producer in China, with the design and supply of two Stein Digiflex vertical annealing furnaces for its new 1550mm cold rolling mill project in Zhanjiang in southeastern Guangdong province of China. One Stein Digiflex vertical annealing furnace is to be supplied for a 700 000 t per annum continuous annealing line (CAL), the second one is for a 270 000 t per annum continuous galvanizing line (CGL). The Stein Digiflex annealing furnaces have new compact design features and the most advanced combustion and cooling technologies, including the latest generation of AdvantTek WRT 2.0 combustion system. Such combustion technology benefits from high recuperative energy efficiency, low NOx emissions and usage of the site generated fuels. It will allow Baosteel Zhanjiang Steel Plant to significantly reduce operational expenses, minimize environmental footprint and achieve its target of a "double excellent project" and a highly efficient plant.
Finnish Langh Group Cargo Solutions has chosen Outokumpu’s new high-chromium austenitic steel grade Outokumpu 316plus (Outokumpu 4420) in cold worked condition for their special transportation containers. Container’s floor and walls are made of Outokumpu stainless steel due to strict requirement for wear and corrosion resistance. 316plus enables transportation of aggressive and sharp bulk materials. The properties of 316plus allow thinner wall thickness resulting in lower overall weight of the container.
Aperam announces that Bert Lyssens is appointed Head of Sustainability, Human Resources and Communications effective April 1, 2015. Bert will be a Member of Aperam's Leadership Team and will report to Timoteo Di Maulo, CEO of Aperam. Bert Lyssens, 45 years, has over twenty years of experience in Human Resources and has spent 10 years at Agfa where he was Group Vice President from 2010 onwards. Bert joined Agfa Gevaert in 2005 as HR Director responsible for EMEA and was appointed HR Director International at Agfa Graphics in 2006. In 2008, he was appointed VP Human Resources at Agfa HealthCare. Prior to joining Agfa, Bert held several HR positions at AT&T, IBM and Schelstraete & Desmedt.
The World Steel Association (worldsteel) announced the launch of a new publication ‘Steel in the circular economy - A life cycle perspective’. It examines the critical role of steel in delivering true sustainability to our society and calls for a global rethink of regulations in all market sectors across every region. This publication demonstrates how steel enables a sustainable society, through a circular economy, when the full life cycle of steel products is taken into account. It highlights the need for legislators and industry decision makers to take a full life cycle approach before making legislative or manufacturing material decisions. It contains case studies from around the world that show how this is being carried out on a practical basis.
Sandvik will join Nace International and fellow corrosion professionals at the world’s largest corrosion conference and exhibition Corrosion 2015 in Dallas, Texas, between March 15-19, to help visitors address the growing importance of selecting new and more cost-effective stainless steels that can provide improved levels of corrosion resistance in high temperature, high chloride environments.
The European Parliament's Environment Committee adopted changes to the Commission proposal for a Market Stability Reserve (MSR). The committee introduced an earlier implementation already in 2018 instead of 2021 and immediately refers 900 million allowances into the Reserve. In addition, it proposes to put hundreds of millions of allowances from plant closures into the reserve. As a result the carbon price will increase. The assumption is that this will trigger a technology shift in particular in the power sector. At the same time the committee has decided that the ETS, at the level of the most efficient installations, must not lead to direct and indirect costs for sectors exposed to global competition.
World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 133 million t (Mt) in January 2015, a -2.9% decrease compared to January 2014. China*’s crude steel production for January 2015 was 65.5 Mt, a decrease of -4.7% compared to January 2014. Elsewhere in Asia, Japan produced 9.0 Mt of crude steel in January 2015, a decrease of -4.0% compared to January 2014. In the EU, Germany produced 3.7 Mt of crude steel in January 2015, an increase of 0.5% compared to January 2014. Italy produced 1.9 Mt of crude steel, down by -11.3% on January 2014. France’s crude steel production was 1.3 Mt, a decrease of -10.6% compared to January 2014. Spain produced 1.3 Mt of crude steel, up by 11.8% compared to January 2014.
Tata Steel announced the signing of a prestigious contract to supply highly wear-resistant rail for the Crossrail project beneath the heart of London. The Crossrail route will serve 40 stations and travel more than 100km from Reading and Heathrow in the west, through new twin-bore 21km tunnels below central London to Shenfield and Abbey Wood in the east. Tata Steel has already commenced deliveries to the Crossrail project, and will ultimately supply the project with more than 57km of its heat treated, wear-resistant rail. In total 7 000 t of Tata Steel rail will be used to create one of Europe's largest railway and infrastructure projects.
The research team of Postech (President Kim Yong Min) has developed new steel materials capable of challenging the position of titanium for the first time in the world. The new steel materials can significantly improve the gas mileage of automobiles by reducing their weight by 15%, as well as being twice as stretchable as titanium with 1/10th of the production cost. Such benefits are giving these new materials a high profile in the industry. The development of these new materials represents the product of successful collaboration between academia and industry on research into intermetallic compounds, which are hard but brittle, making them difficult to use as structural materials.
Steel Dynamics Inc. has confirmed an order with Tenova Goodfellow for the supply and purchase of two EFSOP holistic optimization systems for both EAF batteries at their SDI, Butler, IN steelmaking facility. Tenova’s innovative technology and value proposition will provide full spectrum evaluation via upstream and downstream offgas analysis and water detection technology for all 4 EAF shells. The scope of supply will also include newly developed optical sensors for the measuring of offgas velocity and temperature.
ArcelorMittal Kryvyi Rih has supplied more than 700 t of 8-28mm rebar for the construction of a new, flagship Volkswagen car showroom, Volkswagen Center Kryvyi Rih, which will open in Kryvyi Rih, Ukraine, in February 2015. Valeriy Hresko, Director of Volkswagen Center Kryvyi Rih LLC said: “In 2013 we began the construction of the first Volkswagen dealer center in Kryvyi Rih and finished the works at the end of 2014. Usage of ArcelorMittal Kryvyi Rih’s products (rebar, wire rod, angle bar, flat steel bar) allowed us to implement complicated architectural and constructional decisions in the process of construction. Volkswagen Group appreciates the quality of ArcelorMittal Kryvyi Rih’s rolled steel, which is certificated at international level in line with European requirements – this is the background to our supplier choice for the construction of the auto center in Kryvyi Rih”.
An interactive Open Innovation initiative has been launched by Tata Steel for the sharing of new ideas to create the next generation of steels and improve the processes used to make them. The new online portal, http://www.tatasteelinnovation.com/ , sets out key challenges and opportunities, and invites experts and creative thinkers to collaborate with the company. Developed with the support of the Welsh Government and part-funded by the European Regional Development Fund, this Open Innovation initiative aims to promote research and development involving new and multiple parties.
Further cost reductions, reducing personnel with by 400 positions by the end of 2016 and continuing work on growth investments in the Svappavaara Field. This is presented in the Year-end Report presented on the 13th of February. The falling prices in the iron market are prompting LKAB to take a number of measures. With an operating profit of MSEK 205 (1,989) and an operating margin of 4 (31) % for the fourth quarter, LKAB’s earnings reflect a changed market situation.
Metal trading companies have many factors to consider that affect the metals markets and their ability to generate profits. Risk managers should contemplate market, counterparty, regulatory, financial and supply chain risks affecting their trading activity and adapt their strategies accordingly in order to best mitigate these risks and preserve revenue. IRN announces the 5th Metals Trading 2015 Summit that will be held in Geneva on 10-11 June. Following four successful editions, this year’s platform will address the trading risk management challenges that metals trading companies have been facing, and will offer practical insights on risk management and risk mitigation techniques.
The outlook for China’s steel market for the next 30 days is down on the back of weaker expectations for new domestic and export orders ahead of the long Chinese New Year holiday, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which reflects market participants’ expectations. The February Platts CSSI, at 8.8 out of a possible 100 points, is down 14.3 points from 23.1 in January and easily the lowest reading since the index was started in May 2013. It marks the eighth consecutive month of an index reading below 50 points. Similar to a purchasing managers' index, a CSSI reading above 50 indicates an increase/expansion and a reading below 50 indicates a decrease/contraction.