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stahl und eisen

Science- and engineering-based trade journal

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4/29/2016 - Nothing is more important than the safety and health of people who work in the steel industry

worldsteel publishes its Safety and Health position paper

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The World Steel Association (worldsteel) has published its position paper on Safety and Health, reiterating its commitment to safety and health principles with a belief that ‘nothing is more important than the safety and health of people who work in the steel industry’. Six Safety and Health principles for the steel industry:

  • All injuries and work-related illness can and must be prevented
  • Managers are responsible and accountable for safety and health performance
  • Employee engagement and training is essential
  • Working safely is a condition of employment
  • Excellence in safety and health drives excellent business results
  • Safety and health must be integrated into all business management processes.
Source: worldsteel, Brussels
AISTech 2016
4/29/2016 - SSAB’s Swedish operations

Negotiations concluded regarding personnel downsizing among office workers

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The negotiations that SSAB initiated in order to reduce office workers within the Nordic operations have now been concluded. The result of the negotiations will be a reduction of 262 office workers in Sweden. In February, SSAB announced that it had begun negotiations in order to reduce the number of employees in the Nordic operations.

Source: SSAB, Stockholm
TEW (Through eye wrapping) with crepe paper and PE film gives protection against inside and outside moisture. Photo: Pesmel
TEW (Through eye wrapping) with crepe paper and PE film gives protection against inside and outside moisture. Photo: Pesmel
4/27/2016 - Coil packing lines and logistic system

Pesmel supplies packing lines to Baosteel Group

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Pesmel has signed a contract of two coil packing lines and logistic system to Baosteel Zhanjiang Iron & Steel Industry. Automated lines will be delivered to Baosteel’s mill situated in Zhanjiang City, Guangdong Province in China. The start-up of the lines will be in summer 2017. Baosteel is building a new cold rolling mill to Zhanjiang City. The mill will produce 1.65 million t of medium and high-end sheets, including high-grade products like auto sheet and home appliance sheet.

Source: Pesmel Oy, Kauhajoki
4/26/2016 - Eurofer

EU steel sector remains vulnerable to supply distortions from abroad

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Overcast demand expectations, alongside continued evidence of continuingly high import levels, are stoking fears that EU producers will have to cope with another year of market distortions. EU apparent steel consumption grew 5.7% year-on-year in the fourth quarter of 2015. Year-on-year growth in apparent demand outpaced growth in real consumption. While end-users and distributors reduced their inventories over the course of the final quarter, the stock change was lower than in the same period of 2014.

Source: Eurofer, Brussels
The new walking beam furnace. Photo: ArcelorMittal
The new walking beam furnace. Photo: ArcelorMittal
4/22/2016 - Belgium’s deputy prime minister, Flemish minister-president attend inauguration ceremony

ArcelorMittal Gent unveils €49m walking beam furnace

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A new walking beam furnace at ArcelorMittal Gent’s hot strip mill was unveiled on thursday at an inauguration ceremony attended by senior government officials. Belgium’s deputy prime minister Kris Peeters and Flemish minister-president Geert Bourgeois attended the official opening ceremony for the €49m furnace which is set to help the plant produce next-generation steel products. Kris Peeters and Geert Bourgeois spoke at the event, with additional presentations from Matthieu Jehl, CEO of ArcelorMittal Gent-Liège, and Reiner Blaschek, CMO of business division north, ArcelorMittal Europe – Flat Products.

Source: ArcelorMittal, Luxembourg
Geert Van Poelvoorde at the European Steel Day. Photo: ArcelorMittal
Geert Van Poelvoorde at the European Steel Day. Photo: ArcelorMittal
4/22/2016 - ArcelorMittal's Geert Van Poelvoorde

European steel needs legitimate defence against unfair imports

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ArcelorMittal’s Geert Van Poelvoorde has spoken out in defence of Europe’s steel industry, underlining its importance to the wider European economy and calling for greater use of trade defence instruments. Speaking on European Steel Day, in his capacity as President of Eurofer, he said: “Logically, there is no reason why steel should not be produced here in Europe, for many decades to come. Our steel industry is truly world-class. In many cases, our steel mills are the benchmark for global industry excellence and productivity”.

Source: ArcelorMittal, Luxembourg
4/22/2016 - SSAB: Report for the first quarter of 2016

Improved result and higher shipments

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The quarter:

  • Sales were SEK 12,964 (15,468) million
  • Operating profit, before depreciation/amortization, excluding items affecting comparability, was SEK 744 (1,501) million
  • Operating profit/loss, excluding items affecting comparability, was SEK -190 (564) million
  • Profit/loss after financial items, excluding items affecting comparability, was SEK -344 (350) million
  • Earnings per share were SEK -0.24 (0.52)
  • Items affecting comparability had an impact of SEK -2 (-31) million on the result after tax
  • Operating cash flow was SEK 77 (784) million and net cash flow was SEK -244 (511) million

The Board of Directors has announced a proposal of a preferential rights issue for existing shareholders of around SEK 5 billion. SSAB’s two largest shareholders, Industrivärden and Solidium, have undertaken to subscribe for their pro rata shares. A standby underwriting commitment has been issued by four banks for the remaining amount.

Source: SSAB, Stockholm
March 2016 crude steel production of the world decreases, compared to March 2015. Graph: worldsteel
March 2016 crude steel production of the world decreases, compared to March 2015. Graph: worldsteel
4/21/2016 - worldsteel

March 2016 crude steel production decreases

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World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 137 million t (Mt) in March 2016, a -0.5% decrease compared to March 2015. World crude steel production was 385.7 Mt in the first three months of 2016, down by -3.6% compared to the same period in 2015. Asia produced 263.6 Mt of crude steel, a decrease of -3.1% over the first quarter of 2015. The EU produced 40.9 Mt of crude steel in the first quarter of 2016, down by -7.0% compared to the same quarter of 2015. North America’s crude steel production in the first three months of 2016 was 27.5 Mt, a decrease of -1.1% compared to the first quarter of 2015. The C.I.S. produced 25.0 Mt of crude steel in the first three months of 2016, a decrease of -0.4% over the same months of 2015.

Source: worldsteel, Brussels
4/21/2016 - Kocks

Feng Hsin Steel Co., Ltd relies again on 3-roll RSB-Technology

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Feng Hsin Steel Co., Ltd signed a contract with Friedrich Kocks GmbH & Co KG for the delivery and commissioning of a RSB SCS 370++/5 for its works in Taichung City. This RSB of the latest SCS generation will replace the existing Kocks Precision Sizing Block (PSB) operated by Feng Hsin since 1990.

Source: Friedrich Kocks GmbH & Co KG, Hilden
4/20/2016 - Sale process of Tata Steel UK

Appointment of CEO for Tata Steel UK

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Tata Steel Europe yesterday announced changes to the leadership of its operations in the UK. Bimlendra Jha, an Executive Committee member of Tata Steel Europe, has been appointed as the Chief Executive Officer of Tata Steel UK. Mr Jha is currently Executive Chairman of Tata Steel Europe’s Long Products Europe business and has successfully led the divestment process that resulted in the signing of a Sale and Purchase Agreement with Greybull Capital on April 11. Mr Jha, in this new position, will report to Hans Fischer, Chief Executive Officer of Tata Steel Europe. He will be supported by a team of executives drawn across functions including operations, procurement, finance, human resources and commercial.

Source: Tata Steel, London