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News

Worldwide unique belt caster for Salzgitter, Germany

August 26, 2010

Salzgitter Flachstahl GmbH has ordered a near-net-shape caster for Peine, Germany. A fundamentally different and worldwide unique casting concept will thus be implemented for the first time on an industrial scale and enable the casting of new high-stre…

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Air Products to Back ArcelorMittal (Zacks)

August 26, 2010
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North European steel prices driven mainly by raw materials costs

August 26, 2010

Consumption of hot rolled coil has remained weak in Northern Europe during the past 12 months. However, state-backed infrastructure projects have …

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EU mill profit margins to remain low in the short term

August 26, 2010

The conversion margin between raw material expenditure and steel prices climbed steadily during 2009 from the low point early in that year. However, despite …

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Gerdau Açominas, Brazil, invests in new plate and Steckel mills

August 26, 2010

Gerdau Açominas, a company in the Gerdau Group, has ordered a plate mill and a Steckel mill. The two rolling mills will be constructed at Ouro Branco in the state of Minas Gerais, Brazil. A second strand will also be added to their existing continuous…

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Vale in Neutral Lane (Zacks)

August 26, 2010
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