Steel Times International News
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Fears for UK steelmaker as debt repayments missed
Yesterday’s Daily Telegraph described problems at SSI in Redcar in the UK as the beginning of the end for British steelmaking, adding that the state of the industry in the UK was ‘anything but rosy’ with demand at 74% of its 2007 level.
16 September 2015 -
New BF5 at Taranto will use ‘best available technologies’
In March 2015, following a decision by the Government of Italy, ILVA had to shut down its No. 5 blast furnace, the largest one at its Taranto works. The plant will be upgraded by EU-defined ‘best available technologies’ in order to meet the latest environmental standards.
15 September 2015 -
ThyssenKrupp invests in new UK coil slitting line
A new flagship 1850mm wide coil slitting line is currently being installed at Vetchberry Steels, the coil processing division of ThyssenKrupp Materials (UK) Ltd, a subsidiary of ThyssenKrupp AG.
15 September 2015 -
Hyundai's new Elantra – using lightweight high-strength steel to best advantage
Higher engine output, better fuel economy, improved driving dynamics – three key attributes of a redesigned Hyundai Elantra achieved, it is claimed, through the use of lightweight high-strength steel and an overhauled suspension.
15 September 2015 -
Voestalpine Group secures UAE pipeline contract
Quality-critical premium linepipe plates designed to withstand extreme operating pressures once transformed into pipework, are being supplied to the United Arab Emirates for its IGD-E natural gas project in Abu Dhabi by Voestalpine Grobblech GmbH, part of Voestalpine Group’s steel division.
15 September 2015 -
NLMK invests US$3.6m on new ore conveyors
Russian steelmaker NLMK has spent 246 million roubles (US$3.6m) on replacing two obsolete conveyors at its Stoilensky ore crushing facility. The company – one of three leading iron ore-mining companies in Russia – transports around 30Mt of bulk ore via conveyors annually. However, as production has increased, the company felt it was time to renew equipment that has worked virtually non-stop without back-up for 30 years.
15 September 2015