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Competition to win prestigious award for steel innovation now open

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Applications are now being accepted for the Swedish Steel Prize 2019, the steel industry’s most prestigious award, which celebrates its 20th anniversary this year.

The Swedish Steel Prize is an award for ideas and products that have an impact on future steel solutions, and it attracts competitors from across the world.

It will be awarded on November 14th, 2019 in Stockholm, Sweden as part of the Swedish Steel Prize 2019 event. Applications are now being accepted. [Read more…] about Competition to win prestigious award for steel innovation now open

US Steel to invest $1 billion in new facility

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United States Steel Corporation says it will make an additional investment of more than $1 billion into its Pennsylvania operations.

The investment will be used to construct a new sustainable endless casting and rolling facility at its Edgar Thomson Plant in Braddock, Pennsylvania, and a cogeneration facility at its Clairton Plant in Clairton, Pennsylvania, both part of the company’s Mon Valley Works.

The “cutting-edge” endless casting and rolling technology combines thin slab casting and hot rolled band production into one continuous process and will make Mon Valley Works “the first facility of this type” in the US and one of only a handful in the world, says the company.

[Read more…] about US Steel to invest $1 billion in new facility

Lightweight, superstrong steel critical to Horyong’s truck-mounted aerial lift and ladder vehicles

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South Korea-based Horyong boasts 28 years of know-how in the production of truck-mounted aerial lifts, used in construction and at other work sites.

To meet customer demand, and possess the competitive edge needed on the global market, the company almost exclusively uses SSAB’s Strenx performance steel in the special purpose vehicles manufactured.

All over the world urbanization continues to grow, and the construction of more housing and office buildings intensify the demand on industrial equipment.  [Read more…] about Lightweight, superstrong steel critical to Horyong’s truck-mounted aerial lift and ladder vehicles

FE Steel develops high-lubricity GI steel sheet for automobiles

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JFE Steel Corporation has begun producing its recently developed “GI JAZ” high-lubricity hot-dip galvanised (GI) steel sheet, which it claims offers dramatically improved press ‘formability’ for use in automobile bodies.

GI steel sheet, which is hot-dip galvanised to coat its surface of steel substrate with pure zinc for strong corrosion resistance, is used mainly by European and American automobile manufacturers.

GI JAZ incorporates the high-lubricity technology used in “JAZ” (JFE Advanced Zinc) on GA steel sheet, which is heated after galvanising to alloy the galvanised layer with iron of steel substrate to improve both its ability to be spot-welded and its corrosion resistance after painting.

[Read more…] about FE Steel develops high-lubricity GI steel sheet for automobiles

ArcelorMittal: sale agreed for four EU steel plants

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ArcelorMittal has received a binding offer from Liberty House Group for the acquisition of ArcelorMittal Ostrava (Czech Republic), ArcelorMittal Galati (Romania), ArcelorMittal Skopje (Macedonia) and ArcelorMittal Piombino (Italy).

The four assets are part of a divestment package the Company agreed with the European Commission during its merger control investigation into the Company’s acquisition of Ilva S.p.A (‘Ilva’).

Transaction closing is subject to the completion of the Company’s acquisition of Ilva, and conditional on EU approval and the conclusion of information consultations with local and European Works Councils.

[Read more…] about ArcelorMittal: sale agreed for four EU steel plants

Primetals Technologies to build wire rod mill for Indian company JSW Steel

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To keep up with growing market demand, JSW Steel Limited has signed a contract with Primetals Technologies for the supply and installation of a two-strand wire rod mill in India.

The third mill purchased from Primetals Technologies, JSW Steel previously installed a single-strand wire rod mill and a bar mill. The new mill will be built in Toranagallu, India. Start-up is expected at the end of 2019.

Primetals Technologies will supply the complete wire rod mill with all mechanical and electrical equipment for two-
strand production from a single stand roughing mill.

[Read more…] about Primetals Technologies to build wire rod mill for Indian company JSW Steel

Nippon Steel and Krakatau open steel joint venture in Indonesia

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Nippon Steel & Sumitomo Metal Corporation and PT Krakatau Steel (Persero) Tbk have established the joint- venture company PT Krakatau Nippon Steel Sumikin (KNSS) in the Republic of Indonesia for the manufacture and sale of automotive flat steel products.

KNSS started commercial production in July 2017 and on August 7, 2018, an opening ceremony was held at the local plant site in Cilegon, Banten Province. It was attended by representatives from the Indonesian government and the Japanese government as well as customers.

Combined with the high growth potential of the Indonesian automotive market, automakers’ needs for anti-corrosion steel and high-strength steel are expected to grow.

[Read more…] about Nippon Steel and Krakatau open steel joint venture in Indonesia

Steel market: Automakers exploring new materials to make vehicles lighter

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Automotive manufacturers are exploring a variety of new methods and materials which will enable them to produce vehicles that are stronger, lighter, and more suited to what many believe will be an autonomous and electric driving culture of the future.

While many may have heard of carbon-fiber and similarly exotic-sounding and expensive materials, what is probably more likely is that heavier iron parts will be replaced with steel, and steel parts will be replaced with whatever is lighter than that – plastics, perhaps, or new, lighter types of steel.

One new type of steel that is currently being discussed widely is referred to as “advanced high-strength steel”, or AHSS.  [Read more…] about Steel market: Automakers exploring new materials to make vehicles lighter

Tata Steel and ThyssenKrupp sign joint venture to create new steel firm in Europe

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Tata Steel and thyssenkrupp AG have signed definitive agreements to combine their European steel businesses in a 50/50 joint venture in a new company. This follows the signing of a Memorandum of Understanding in September 2017.

The proposed new company, to be named thyssenkrupp Tata Steel BV, will be positioned as a leading pan-European high-quality flat-steel producer with a strong focus on performance, quality and technology leadership.

The joint venture is built on the strong foundations of common value systems and a long heritage in the industry, say the companies.

[Read more…] about Tata Steel and ThyssenKrupp sign joint venture to create new steel firm in Europe

ArcelorMittal Zenica completes €30 million blast furnace reconstruction

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ArcelorMittal Zenica, in Bosnia-Herzegovina, has completed a €30 million project to rebuild the blast furnace and upgrade other areas of the factory, including the energy, sinter and steel plants and the rolling mill.

The latest projects are bringing the total invested in the Zenica plant to over €200 million. The refurbishment means that integrated steel production can continue in Zenica for up to 20 years into the future.

The project’s completion was marked with a ceremony in the heart of the steelworks, attended by over 200 guests, including Prime Minister of the Federation of Bosnia and Herzegovina, Fadil Novalic and Miralem Galijasevic, Prime Minister of Zenica-Doboj Canton. Augustine Kochuparampil and Lutz Bandusch attended on behalf of ArcelorMittal Europe.

[Read more…] about ArcelorMittal Zenica completes €30 million blast furnace reconstruction