Steel Times International News
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TKS Alabama plant opens for business
ThyssenKrupp Steel USA has opened its steel works in Calvert, Alabama, USA.
10 March 2011 -
Krakatau coal deal
Krakatau Steel, Southeast Asia's largest steelmaker, is in talks with miners Borneo Lumbung Energi and Marunda Graha Mineral to help meet coking coal demand.
10 March 2011 -
Carbon cuts plan
Magnitogorsk Iron & Steel Works has received approval for an emissions reduction project that will allow it to sell about €70M ($94M) worth of carbon credits until 2013.
10 March 2011 -
Arcelor increases Baffinland ownership
ArcelorMittal and Nunavut Iron Ore said they have taken up an additional 4.8 million shares of Baffinland Iron Mines, increasing their joint ownership in the iron ore explorer to 62%.
10 March 2011 -
Stainless spin-off
Steelmaker ArcelorMittal has approved the spin-off of its stainless steel business.
10 March 2011 -
Jindal in profit
Indian steelmaker Jindal Steel and Power Ltd (JSPL) reported improved results due to robust demand in the areas of steel and power in Q4 2010 or Q3 ended December 31 of the current Indian financial year.
10 March 2011