Steel Times International News
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POSCO the most competitive steelmaker, says World Steel Dynamics
US-based World Steel Dynamics (WSD) headed up by the charismatic Peter Marcus, has named South Korean steelmaker POSCO as the world’s most competitive steelmaker – for the eight consecutive year.
12 June 2015 -
Rakesh Singh steps in at SAIL
Following the stepping down of C S Verma, Steel Authority of India Ltd’s (SAIL) chairman and managing director, it has been announced that Rakesh Singh, the company secretary, will be filling in until a successor is found.
12 June 2015 -
Ukraine: Metinvest considers idling Mariupol blast furnaces
Ukrainian steelmaker Metininvest is considering temporarily idling blast furnaces and limiting steel production and rolling at its two large steel plants in Mariupol. The news follows fighting between government troops and pro-Russian rebels, which has damaged a gas pipeline feeding the city.
Source: Reuters.
12 June 2015 -
Tenova HYL announces final acceptance of the Nucor Steel Louisiana's 2.5Mt/yr DRI plant
Following the restart of a 2.5Mt/yr Energiron DRI plant in Convent, LA, Tenova HYL has announced the successful repair of the process gas heater with the recommencement of production at Nucor Steel Louisiana, USA.
08 June 2015 -
Paul Wurth Group completes Salzgitter turn-key project in Germany
In August 2013, Salzgitter Flachstahl GmbH (SZFG), Germany, awarded the Paul Wurth Group with a turnkey order for the construction of a pulverised coal injection (PCI) plant for Blast Furnaces ‘A’ and ‘B’ at its Salzgitter integrated steel plant.
08 June 2015 -
Strike action after Tata announces pension changes
A dispute over pensions at Tata Steel has led to steel unions choosing Monday 22 June as the date for the first UK steel industry strike in 35 years. Prior to that date, there will be an overtime ban and a work-to-rule, claims the Unite union.
08 June 2015