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Editorial calendar steel market europe 3.2014

 

Extract of steel market europe 3.2014

 

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News

11/25/2014 - Presidential Medal of Freedom

MRS Congratulates Physicist Mildred Dresselhaus

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The Materials Research Society (MRS) congratulates Mildred Dresselhaus of the Massachusetts Institute of Technology on today's award of the Presidential Medal of Freedom, the highest civilian honor bestowed by the United States. Dresselhaus was among 19 winners honored by President Barack Obama. The list also includes the late dancer Alvin Ailey, news anchor Tom Brokaw, actress Meryl Streep, musician Stevie Wonder and economist Robert Solow.

Source: Materials Research Society, Warrendale, PA
Belaz from Belarus is the winner of this year’s Swedish Steel Prize. Photo: SSAB
Belaz from Belarus is the winner of this year’s Swedish Steel Prize. Photo: SSAB
11/21/2014 - SSAB

Belaz wins Swedish Steel Prize 2014

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This year’s winner of the international Swedish Steel Prize is Belaz from Belarus. The prize was awarded for the company’s innovative and new construction for axle suspension and slewing bearings for the world’s largest dump truck. The new construction takes full advantage of the properties of high-strength steel. “Belaz has boldly gone beyond the boundaries of what has earlier been considered possible using available technology,” says Gregoire Parenty, Chairman of the jury and Executive Vice President and Head of Market Development SSAB.

Source: SSAB, Stockholm
11/21/2014 - worldsteel

October 2014 crude steel production stagnates

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World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million t (Mt) in October 2014, the same compared to October 2013. China’s crude steel production for October 2014 was 67.5 Mt, a slight decrease of -0.3% compared to October 2013. Elsewhere in Asia, Japan produced 9.4 Mt of crude steel in October 2014, a decrease of -0.5% compared to October 2013. South Korea produced 6.2 Mt of crude steel in October 2014, up by 4.5% on October 2013.

Source: worldsteel, Brussels
11/20/2014 - Moody's

Stainless steel demand growth will continue as end markets improve

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European stainless steel demand will continue its upward trend in 2015, supported by improvement in major end markets and restocking, says Moody's Investors Service. The report, "Sheen Returning To European Stainless Steel Sector", is now available on http://www.moodys.com/ . "We expect that the main stainless steel end markets will maintain their modest growth, owing to continued economic growth - even if slow - in most of the euro area and rising consumer confidence," says Hubert Allemani, a Moody's Vice President - Senior Analyst.

Source: Moody’s, London
11/19/2014 - U.K.-based business expands Timken roller bearing housed unit offering

Timken announces the acquisition of Revolvo

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The Timken Company announced it has reached agreement with Eriks NV to acquire the assets of Revolvo Ltd., a specialty bearing company based in Dudley, U.K. Revolvo makes and markets ball and roller bearings for industrial applications in process and heavy industries. The company's split roller bearing housed units are widely used by mining, power generation, food and beverage, pulp and paper, metals, cement, marine and waste-water end users. In 2013, Revolvo posted sales of approximately $8.3 million.

Source: The Timken Company, North Canton, Ohio
The winning solution chassis weight could be reduced by over 20 %. Photo: SSAB
The winning solution chassis weight could be reduced by over 20 %. Photo: SSAB
11/18/2014 - Light and safe

Farm trailer wins Swedish Steel Prize University Challenge 2014

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The winner of the Swedish Steel Prize University Challenge 2014 is a lighter, safer chassis solution for an agricultural trailer. With the winning solution chassis weight could be reduced by over 20 % – from 522 kg to 410 kg, and the chassis was safer. The two trailer prototypes that were built for the end customer have shown good performance and received positive reviews

Source: SSAB, Stockholm
New director at The Timken Company: Maria A. Crowe. Photo: Timken
New director at The Timken Company: Maria A. Crowe. Photo: Timken
11/17/2014 - Eli Lilly's President, Manufacturing Operations

Timken Board of Directors elects Maria A. Crowe

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The Timken Company's board of directors has elected Maria A. Crowe a director of the company for a term that expires at its May 2015 annual meeting. The election brings The Timken Company board to 11 directors. Crowe currently serves as president of manufacturing operations for Eli Lilly and Company, a $23 billion global healthcare leader based in Indianapolis. Lilly, a leading innovation-driven corporation, applies the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations to develop its growing portfolio of pharmaceutical products. Lilly provides answers ― through medicines and information ― for some of the world's most urgent medical needs.

Source: Timken, North Canton, Ohio
Utilizing Hardox 450, Vale has designed a new generation of screening grids for application primarily within large-scale mining and quarries. Photo: SSAB
Utilizing Hardox 450, Vale has designed a new generation of screening grids for application primarily within large-scale mining and quarries. Photo: SSAB
11/17/2014 - Swedish Steel Prize 2014

Pioneering mining screener makes Vale a finalist

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For developing a highly durable mining screener for iron ore in high strength steel, the Brazilian company Vale is a finalist for the 2014 Swedish Steel Prize. The Swedish Steel Prize is awarded annually by SSAB to recognize the most innovative design utilizing high-strength steel. Vale, from Brazil, is one of four finalists for this year’s prize, which will be awarded during a ceremony on November 20 in Stockholm, Sweden.

Source: SSAB, Stockholm
Timo Penttimie has used high-strength steel in developing TP-Roller for forest harvesting machines. Photo: SSAB
Timo Penttimie has used high-strength steel in developing TP-Roller for forest harvesting machines. Photo: SSAB
11/14/2014 - Swedish Steel Prize 2014

Innovative roller feeder from Timo Penttimies finalist

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For having used high-strength steel in developing his durable and high performance TP-Roller for forest harvesting machines, Timo Penttimies is a finalist for the 2014 Swedish Steel Prize. The Swedish Steel Prize is awarded annually by SSAB to recognize the most innovative design utilizing high-strength steel. Timo Penttimies, from Finland, is one of four finalists for this year’s prize, which will be awarded during a ceremony on November 20 in Stockholm, Sweden.

Source: SSAB, Stockholm
Lightweight and more efficient trailer made from high-strength steel. Photo: SSAB
Lightweight and more efficient trailer made from high-strength steel. Photo: SSAB
11/13/2014 - Finalist for Swedish Steel Prize 2014

Innovative, lightweight trailer by Santander

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For developing a lightweight and more efficient trailer made from high-strength steel, Santander Equipos is a finalist for the 2014 Swedish Steel Prize. The Swedish Steel Prize is awarded annually by SSAB to recognize the most innovative design utilizing high-strength steel. Santander Equipos, from Chile, is one of four finalists for this year’s prize, which will be awarded during a November 20 ceremony in Stockholm, Sweden.

Source: SSAB, Stockholm
The Belaz 75710 dump truck has a payload of 450 t. Photo: SSAB
The Belaz 75710 dump truck has a payload of 450 t. Photo: SSAB
11/12/2014 - Swedish Steel Prize 2014

Record-breaking 450-t dump truck from Belaz is finalist

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For successfully developing the world’s largest dump truck, with a steerable axle and body components made from high strength steel, Belaz is a finalist for the 2014 Swedish Steel Prize. The Swedish Steel Prize is awarded annually by SSAB to recognize the most innovative design utilizing high-strength steel. Belaz, from Belarus, is one of four finalists for this year’s prize, which will be awarded during a ceremony on November 20 in Stockholm, Sweden.

Source: SSAB, Stockholm
11/12/2014 - Aperam

Changes to leadership team

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Aperam announces that Frederico Ayres Lima is appointed Chief Operating Officer Stainless & Electrical Steel South America with effective date 1 December 2014, following the resignation of Clenio Guimarães who is pursuing other opportunities.

Source: Aperam, Luxembourg
11/12/2014 - Platts

China steel sentiment index falls to record low

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Chinese steel market participants expect steel demand to weaken further this year, with the outlook for new export orders dropping dramatically, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a headline reading of 25.61 out of a possible 100 points in November. The index has fallen to its lowest level since the CSSI began in May 2013, dropping 12.47 points from 38.09 in October. The CSSI reflects expectations of market participants for the month ahead. Similar to a purchasing managers' index, a CSSI reading above 50 indicates an increase/expansion and a reading below 50 indicates a decrease/contraction.

Source: Platts, Beijing
Installation of one of the 200-t, 12.5MW motors in the new reversing rougher at Tata Steel’s Port Talbot steelworks. Photo: Tata Steel
Installation of one of the 200-t, 12.5MW motors in the new reversing rougher at Tata Steel’s Port Talbot steelworks. Photo: Tata Steel
11/10/2014 - South Wales

Tata Steel upgrades Hot Strip Mill in Port Talbot

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Tata Steel has completed a major upgrade of the Hot Strip Mill at its Port Talbot steelworks in South Wales, enabling it to further improve the quality of its steel products used in a wide range of markets, including automotive, engineering, construction and domestic appliances. The upgrade was focused on the installation of a new £25 million 'reversing rougher' - a key part of the process which transforms a 9-inch (23cm) thick slab of steel into sheet less than an inch (2.5cm) thick. The reversing rougher is believed to be the most powerful in Europe, with two new 12.5 MW motors, each equivalent to 17,000hp or the power of about 150 cars.

Source: Tata Steel, London
11/10/2014 - Eurofer

Axel Eggert new Director General

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Axel Eggert is nominated Director General of Eurofer on November 1, 2014. From 2007 to September 2014 Eggert was EUrofer's Director for Public Affairs and Communication and since 1st of October he is acting Director General. Robrecht Himpe, President of Eurofer: "We are very pleased to nominate Axel for this important role. He has already shown a strong track in the EU steel federation. His engagement will be crucial for advocating the vital role that the EU steel industry plays in many strategic supply chains and in providing prosperity and opportunity for millions of people across Europe. Key to maintaining and growing this contribution will be achieving a robust, competitive policy framework in areas such as energy, climate and trade."

Source: Eurofer, Brussels