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Russia’s Steel Leader Celebrates 80th Birthday

Magnitogorsk Iron and Steel Works marked a milestone on 1 February; its 80th anniversary since the start up of its first blast furnace in 1932.

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Steel end-users show resilience despite recessionary environment

Eurofer’s Q1-2012 economic and steel market outlook shows that while the EU economy probably slipped into a shallow recession in the final quarter 2011, activity of downstream steel-users has remained rather firm.

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Outokumpu to lead merger with ThyssenKrupp Stainless

Outokumpu and Inoxum, the stainless steel unit of ThyssenKrupp AG, plan to combine under the operational leadership of Outokumpu.

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China drives continuing growth in stainless steel output

Official figures for global stainless steel production in 2011 are estimated to have reached another all-time high total of 32.05Mt, 3.1% above the previous record, of 2010.

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Kobe Steel 9-month sales grow despite lower output

Kobe Steel’s output of steel decreased in the first nine months of FY2011, in comparison to the same period FY2010. Steel demand in Japan decreased in the first quarter of fiscal 2011 due to the Great East Japan Earthquake.

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ThyssenKrupp Stainless USA orders Elemental Analysis Equipment for new Alabama plant

ThyssenKrupp Stainless USA in Calvert, Alabama has ordered nearly $1.3M worth of elemental analysis systems and automation equipment for its new, state-of-the-art stainless steel melt shop.

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