Steel Times International News
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Safety & Health Excellence Recognition 2013
At its annual meeting held this year in Sao Paulo the World Steel Association announced that for the first time the average lost time injuries reached a record low of 1.65 injuries per million hours worked. For the first time this betters the average rate for the aluminium industry (1.8) but the target is to better the rate for the oil & gas sector of 0.43.
09 October 2013 -
Vizag Steel modernises blast furnace
Blast Furnace (BF) No 2 and five hot blast stoves are to be modernised at state-owned Indian Rashtriya Ispat Nigam Ltd (RINL) at Visakhapatnam Steel Plant (Vizag Steel) in India.
09 October 2013 -
Environmental costs weigh on China’s steelmakers
Chinese steelmakers, already obsessed with low profit margins, have been told to increase their environmental investment to help the country reduce air pollution. As part of an action plan to curb air pollution, the Chinese government is considering expanding a ‘green credit’ policy that orders banks to lend no more to companies considered energy-inefficient and polluting.
09 October 2013 -
Kobe Steel to produce aluminium sheet for automobiles in China
Kobe Steel, Ltd announces that it will establish a company in the Xiqing Economic-Technological Development Area in Tianjin, China to produce aluminium sheet for automotive body panels.
09 October 2013 -
Ferrous scrap consumption
The Bureau of International Recycling (BIR) report higher steel scrap consumption in China (+5.1%) and the Republic of Korea (+1.5%) in the first half of 2013.
09 October 2013 -
Chinese overseas mines contribute little to supply
Although many steel mills in China have adopted a strategy of going global to gain more resources in recent years, their overseas mines have failed to meet expectations, said Liu Xiaoliang, secretary general of the China Metallurgical Mining Enterprise Association, at the 13th China International Steel and Raw Materials Conference in Qingdao
09 October 2013
