Steel industry news

ThyssenKrupp modernisation

Published: December 01, 2009 by Greg Morris

ThyssenKrupp Nirosta has modernised its heat and caster sequence planning, which had been operating for ten years.

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Vale plans expansion

Published: December 01, 2009 by Brian Clements

Mining giant Vale has detailed plans for a massive expansion of its iron ore operations in the next five years.

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Chinese steel industry may lose money

Published: December 01, 2009 by Greg Morris

China’s steel industry, the world’s largest, may end up losing money next year as excess supplies weigh on prices, a senior official at the country’s second-largest mill warned.

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Ruukki wins Stockholm stadium contract

Published: December 01, 2009 by Greg Morris

Ruukki has signed a contract with Peab Sverige for a sports stadium in Stockholm, Sweden. The steel structures and roofing elements are worth €20M.

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Outokumpu posts gloomy results

Published: December 01, 2009 by Greg Morris

Finnish stainless steelmaker Outokumpu said it sees little improvement in the market after it announced its Q3 results.

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