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Editorial calendar steel market europe 1 2014
Extract of European Edition 3+4.2013
New title, new look in 2014: We are changing the magazine's title to »steel market europe« - more information here
stahlmarkt European Edition 01.2014
stahlmarkt European Edition 03.2013
stahlmarkt European Edition 02.2013
Steel imports increased in January compared to December by 26.5 % according to preliminary data released by the U.S. Government. “As we had expected for a couple of months, steel imports improved in January on the strength of improved pricing in the 4th quarter – especially for flat rolled products,“ said Richard Chriss, AIIS Executive Director. “We noted previously in our Steel News newsletter “Market Report” that 2014 was beginning on a positive note, in contrast to the disappointing start to 2013, as both domestic and import suppliers to the market have enjoyed a more normal positive seasonal start in 2014."
On February 19th in Brussels, Belgium, it took place the final phase of 8th Virtual Steelmaking Challenge organized by worldsteel, the association that represents steel companies worldwide. Students Enzio Agustín Casalini and Francisco Brañas, from Universidad Nacional del Sur (Argentina) won the contest, exceeding their opponents by a wide margin.
Ruukki is to deliver a technically complex steel frame for the Gud-OK shopping centre, which is to be built in Samara in the Volzhsky District in Russia. When completed, the centre will have a total area of 244 850 m2. The order is worth around € 8 million. When completed, the shopping centre complex will also house a cinema and restaurant and office space. Other auxiliary space and parking facilities for a total of 3 500 vehicles will be built in conjunction with the shopping centre. The steel frame will be manufactured at Ruukki's plant in Obninsk, Russia and construction work on the shopping centre is scheduled to start in autumn this year.
The EN 10149-2 standard has been expanded to include the strength categories 900 and 960 MPa. The standard applies to Ruukki's ultra-high-strength Optim 900 QC, Optim 960 QC and weather-resistant Optim 960 W strip products, which exceed the standard with regards to for example a lower level of alloying which means better weldability. "The use of steels in machinery and equipment building and design is now easier than before, with the standard covering also the higher strength grades. Additionally, the excellent technical properties of Ruukki's special steels mean they can be easily processed in engineering workshops," says Panu Pitkänen, Vice President, Optim & Raex at Ruukki.
Isra Vision Parsytec, supplier of surface inspection systems for the metal industry, was awarded a contract by Isdemir, a Turkish steel manufacturer. Isra Vision Parsytec is now installing an expansion to its Surface Master surface inspection system at the plant's hot wide strip conveyor in İskenderun. Isdemir, a subsidiary of Erdemir, is considered one of the largest flat steel producers in Europe with an annual output of 3.5 million t.
Iron ore operations will support the profitability of vertically integrated Commonwealth of Independent States (CIS) steel makers, despite growing price risks on slowing demand from China and supply overhang, says Moody's Investors Service in a Special Comment report on the sector published yesterday. However, the profitability of the companies' steel operations will be constrained by lacklustre demand in end-user markets in the CIS. Moody's report, entitled "Iron Ore Integration Will Support CIS Steel Makers' Profitability In 2014 Despite Higher Downside Price Risks", is available on http://www.moodys.com .
The World Steel Association (worldsteel) announces its plan to launch a Steel Safety Day, reiterating its commitment to the safety and health of the people who work in the steel industry. This safety awareness day is aligned with the World Safety Day held by the International Labour Organisation on 28 April every year. In support of this global event, worldsteel and its members will carry out an industry-wide safety audit.
Rautaruukki has confirmed last week to Voimaosakeyhtiö SF its binding commitment to participate in Fennovoima's Hanhikivi 1 nuclear power plant project. Rautaruukki's share of the output of the plant's nominal capacity is estimated to be around 40 MW. Over the following 10 years, Rautaruukki will invest around € 60 million in the project. Most of the investment will be back loaded. Rautaruukki's involvement in the project is one way the company can spread purchases of the electricity needed in steel production. The company seeks to ensure a long-term supply of competitive, steadily-priced, carbon-dioxide-free electricity. Fennovoima's Hanhikivi 1 nuclear power plant is to be built in Pyhäjoki, Northern Ostrobothnia. The power plant is scheduled to enter commercial service in 2024.
ArcelorMittal, together with Nippon Steel & Sumitomo Metal Corporation (“NSSMC”), announces that it has completed the acquisition of ThyssenKrupp Steel USA (“TK Steel USA”), a steel processing plant in Calvert, Alabama, having received all necessary regulatory approvals.
The transaction – a 50/50 joint venture with NSSMC – was completed for an agreed price of US$ 1,550 million plus working capital and net debt adjustment.
The Calvert plant has a total capacity of 5.3 million tons including hot rolling, cold rolling, coating and finishing lines.
Commenting, Mr Lakshmi N. Mittal, chairman and CEO of ArcelorMittal, said: “The successful completion of this transaction is an important milestone for ArcelorMittal. Along with NSSMC we are now the owners of the most modern steel finishing facility in the world, which will allow us to meet rising demand for steels in the automotive, energy and other important Nafta markets.”
ArcelorMittal Poland has officially opened its new long rail installation in Dąbrowa Górnicza, one of only three sites in the world capable of producing 120m rails for the railway industry. At an official opening ceremony on 24 February, Mr Janusz Piechociński, Deputy Prime Minister and Minister of Economy, officially inaugurated the site’s new installation. To date, the rolling mill in ArcelorMittal’s Dąbrowa Górnicza site has been producing 30m rails. With the production of 120m rails, this US$46m project will contribute to the modernisation of railway infrastructure around Europe.
Between January-December 2013, apparent steel use in Latin America and the Caribbean reached 66.5 million t, in line with 2012. During 2013, Brazil was the main finished steel consumer of the region with 26.4 million t, 40% of the regional consumption. In 2013, Brazilian steel consumption grew 5% vs 2012. On the other hand, Mexico – the second largest finished steel consumer ‑ showed a drop of 9% y-o-y, reaching 18.6 million t in 2013.
Fine Tubes, a leading manufacturer and global supplier of precision tubes for critical applications, announced that it is strategically relocating its office in India to keep up with the growing demand for its high quality tubing products.
The World Steel Association (worldsteel) announces the new World Champions of the 8th steelChallenge. A team from Tata Steel in India won in the category for young steel industry employees, and a team from Universidad Nacional del Sur in Argentina won in the student category. The World Championship of the 8th steelChallenge took place in Brussels on 19 February 2014 with the regional champions from the first round competing for the global title. The task was to produce high strength steel billets at the lowest total cost using secondary steelmaking simulation tools at steeluniversity.org. An application of this steel is the cables of suspension bridges.
ArcelorMittal’s Ostrava facility in the Czech Republic has announced the latest in a series of investments designed to improve operations at the plant, from product quality to emissions and occupational safety. A US$6.26m project announced this month will help to de-dust iron ore and coal tipplers for both sinter plants on site. Wagon tipplers are an outdoor steel structure that unload wagons of raw materials by turning the wagon upside down or tilting it.
Sandvik Materials Technology will present its advanced corrosion resistant alloys including duplex, super-duplex and hyper-duplex stainless steels at the Nace Foundation’s Corrosion 2014 exhibition in San Antonio, Texas.