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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
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.
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".
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Outotec's Nomination Board proposes to the Annual General Meeting on March 30, 2015 that the current members of the Board of Directors, Matti Alahuhta, Eija Ailasmaa, Anja Korhonen, Timo Ritakallio, Björn Rosengren and Poju Zabludowicz be re-elected as members of the Board for the term ending at the closure of the Annual General Meeting of 2016. The Nomination Board also proposes that Mr Ian W. Pearce and Mr Klaus Cawén to be elected as new members of the Board.
Understanding customers’ needs has led to Tata Steel developing and launching a new grade of steel designed to improve the manufacture of tractor wheels and other large off-road vehicles. Using lessons learned from the development of safety-critical steel for the rail and oil industries, Tata Steel was able to apply a similar solution to the steel needed for wheel rim manufacturers. The new steel grade, called DD13WR, allows manufacturers to form, flash weld and cold roll the steel with less chance of splitting and rim failure.
Moody's Investors Service has upgraded Tata Steel Limited's corporate family rating to Ba1 with a stable outlook. Moody's has also confirmed Tata Steel UK Holdings Limited's corporate family rating and probability of default rating at B2/B2-PD with a positive outlook. This concludes the rating review announced on 28 July 2014 in response to the Group's $6.9 billion refinancing exercise and which was extended on 18 September when a rating uplift of one notch, to reflect Tata Group support, was assigned to several Tata entities, including Tata Steel. Ratings with respect to TSUKH's Senior Facilities Agreement dated September 2010 have been withdrawn as a result of the refinancing.