Steel Times International News
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Indian Supreme Court bans two-thirds of Karnataka’s ore production
On July 29th, in an effort to prevent further environmental degradation, the Supreme Court of India imposed a ban on all iron ore mining in the Bellary district of Karnataka, SW India, effective immediately.
03 August 2011 -
Tenova – A new structure
A new structure, splitting the Tenova Group into two divisions: Tenova Iron & Steel and Tenova Mining & Metals is to be implemented.
03 August 2011 -
Russian steel producers call for restrictions on imports from China
Leading Russian steel producers have called on the Russian government to restrict steel imports from China by imposing an anti-dumping duty on the imports of cold-rolled steel with organic coating.
03 August 2011 -
ArcelorMittal in joint $5bn bid for coal firm
Peabody Energy has teamed up with ArcelorMittal to offer $5bn for Australia’s Macarthur Coal, the world’s largest producer of pulverised coal, as demand for steel making raw material intensifies.
01 August 2011 -
Chinese output up
China’s steel mills defied credit tightening, razor-thin margins and a possible power supply crunch to produce a record 60.25Mt in May, although daily output declined slightly.
01 August 2011 -
Duisburg revamp
ABB has won three contracts collectively worth $29M from ThyssenKrupp Steel Europe to modernise the company’s 7-stand hot strip rolling mill No 1 in its Duisburg-Bruckhausen steel plant, Germany.
30 July 2011