SGL - NEU 2012

stahl und eisen E-Paper

 

 

stahl und eisen

Science- and engineering-based trade journal

News

10/30/2014 - Eurofer

Modest strengthening steel demand in 2015 despite weakened sentiment

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Economic growth in the EU remained soft so far this year, with particularly a disappointing performance of the Euro area in the second quarter. Exports were the key driver of growth rather than domestic demand. Indicators losing strength over the third quarter suggest that the EU economy will continue to struggle to gain momentum. Confidence has gradually come under pressure again due to geopolitical unrest and more specifically on concerns about the impact on trade sanctions imposed by Russia. But there are also concerns that the sluggish economic performance of France and Italy could stall the recovery in the EU. Moreover, slowing growth in the large emerging economies is acting as a drag on exports.

Source: Eurofer, Brussels
10/30/2014 - The Material Works, Ltd. (TMW)

TMW to open toll processing center at Big River Steel

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The Material Works, Ltd. (TMW) announced that it has committed to build an advanced flat rolled toll processing center adjacent to the new Big River Steel mill in Osceola, Arkansas. Construction will begin in 2nd quarter 2015 with the facility expected to be fully operational to coincide with Big River Steel’s opening in 2016. The facility is expected to add approximately 45 new jobs in Northeast Arkansas that are in addition to the 500 permanent jobs being created by Big River Steel.

Source: The Material Works, Ltd. (TMW), Red Bud, Illinois
10/29/2014 - GE’s technology enables steelmakers to achieve improved energy efficiency

GE Technology increases energy efficiency for ArcelorMittal Bremen

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Energy costs, excess capacity, environment and an increasingly competitive marketplace are some of the key factors redefining the steelmaking industry. Faced with these challenges, steelmakers are modernizing and revamping existing plants to improve their sector’s appeal by improving energy efficiency and reliability, increasing spare availability and decreasing maintenance cost. In an effort to increase competitiveness, ArcelorMittal has chosen GE’s Power Conversion business to replace their existing DC drives control system with GE’s water-cooled Powersemi PW100 in an important upgrade of their Bremen hot rolling mill.

Source: GE, Berlin
10/28/2014 - Russia

Outotec to modernize Norilsk Nickel's smelter

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Outotec has been awarded a contract by JSC MMC Norilsk Nickel to modernize and rebuild Norilsk Nickel's nickel flash smelting furnace at Nadezhda smelter in Norilsk, Russia. The contract value in these types of total rebuilds is typically € 30-50 million. The order has been booked in Outotec's 2014 fourth quarter order intake.

Source: Outotec Oyj, Helsinki
10/28/2014 - Group Management Board

Sudhir Maheshwari to leave ArcelorMittal

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ArcelorMittal announces that Sudhir Maheshwari, member of the Group Management Board, with responsibility for corporate finance; mergers, acquisitions and divestments; risk management; and India and China, is leaving the company to pursue other opportunities effective 31st March 2015.

Source: ArcelorMittal, Luxembourg
10/28/2014 - After Timoteo Di Maulo's appointment as CEO

Aperam announces changes to leadership team

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Aperam announces it has reviewed its leadership team as a result of Timoteo Di Maulo's appointment as Chief Executive Officer effective 1 January 2015. The following appointments are made with effect 1 November 2014: Nicolas Changeur is appointed Chief Marketing Officer for Stainless & Electrical Steel, Johanna Van Sevenant is appointed Chief Executive Officer for Services & Solutions, Bernard Hallemans is appointed Chief Technical Officer, Philippe Darmayan, as previously announced, will remain Chief Executive Officer until 31 December 2014.

Source: Aperam, Luxembourg
10/27/2014 - Globally competing industries will be safeguarded from additional costs at best performance level

Heads of state set ambitious climate target with measures to preserve industrial competitiveness, growth and jobs

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On 24 October 2014, the EU heads of state and government agreed on an ambitious European energy and climate policy framework for the period 2020 to 2030, including a CO2 emission reduction target of 43% by 2030 compared to 2005 levels for sectors covered by the EU Emissions Trading System (EU ETS). They also gave guidance that the EU ETS will – at the level of most efficient installations - not impose direct and indirect CO2 costs on globally competing European industries such as steel.

Source: Eurofer, Brussels
10/22/2014 - worldsteel

September 2014 crude steel production with a slight decrease

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World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 134 million t (Mt) in September 2014, a slight decrease of -0.1% compared to September 2013. China’s crude steel production for September 2014 was 67.5 Mt, the same compared to September 2013. Elsewhere in Asia, Japan produced 9.2 Mt of crude steel in September 2014, a decrease of -0.5% compared to September 2013. In September 2014, India produced 6.8 Mt of crude steel, an increase of 2.5% compared to the same month 2013. South Korea produced 5.7 Mt of crude steel in September 2014, up by 10.1% on September 2013.

Source: worldsteel, Brussels
10/22/2014 - Environmentally friendly pre-painted coating

SSAB Prelaq GreenCoat now available with High Strength Steel

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SSAB Prelaq GreenCoat is a new type of color coating for steel that is developed from rapeseed oil instead of traditional fossil oil based solvents. The result is an improved coated steel product with longer lasting color as well as a significantly reduced environmental footprint.

Source: SSAB, Borlänge
10/21/2014 - World Steel Association

worldsteel announces the 9th steelChallenge launch date

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steelChallenge-9 will begin with the regional championship round on 19 November 2014 and will finish with the world championship round on 11 February 2015. There are two categories: ‘Student’ and ‘Industry’. Entrants in both categories will compete online from their own countries in the first round and the winners will come together in Belgium for the world championship.

Source: worldsteel, Brussels