Steel Times International News
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Paul Wurth coke making complex for leading Russian steelmaker
Severstal and Paul Wurth have signed a contract for the construction of a new coke making complex at the Russian steelmaker’s Cherepovets steel mill in north western Russia.
30 July 2018 -
British Steel's £50 million wire rod upgrade
British Steel is to invest £50 million upgrading its wire rod manufacturing operations. The investment ‘will significantly improve the quality and range of wire rod produced at the company’s Scunthorpe headquarters’, according to the UK-based steelmaker, enabling it to grow in current markets and enter new ones.
25 July 2018 -
German steelmaker issues FAC for EAF modernisation
German steel producer BGH Edelstahlwerke GmbH has issued a final acceptance certificate for an electric arc furnace (EAF) modernised by Primetals Technologies. The project included the optimisation of furnace movements and conversion of the tapping system, and also involved the installation of a ladle car, a new ladle heating system, and a new alloying facility. The modernisation was performed in two stages and completed during the summer shutdown in 2017.
25 July 2018 -
UK Steel welcomes European Commission announcement on US steel tariffs
A provisional EU steel safeguard announced by the European Commission yesterday has been welcomed by UK Steel. The safeguard is in response to the recently imposed US Section 232 steel tariffs introduced earlier in the year.
20 July 2018 -
SSAB divests Ruukki Construction operations in Russia
Swedish steelmaker SSAB is to divest its Ruukki Construction’s business operations in Russia (OOO Ruukki Rus) and form a joint stock company with OOO Salavatneftemash, called Salavatneftemash. The transaction is expected to be completed in Q4 2018 and will be subject to the approval of the Russian competition authority. The transaction excludes the right to the Ruukki brand.
20 July 2018 -
LHG to push ahead with Adhunik Metaliks acquisition
Liberty House, part of Sanjeev Gupta’s GFG Alliance, has secured approval to acquire and revive the Adunik Metaliks integrated steel production operation at Chadrihariharpur near Rourkela in Odisha, eastern India.
16 July 2018
