Steel Times International News
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Posco plans to build a cold rolling complex in India
Korean steelmaker, Posco plans to build a 1.8Mt/y capacity cold rolling complex in India to meet the increasing demand for high quality steel for the automobile industry thereby replacing imports for these grades.
07 February 2011 -
EU manufacturing rebound solidly entrenched
Eurofer’s Q1 2011 steel market outlook signals that despite slowing growth in the 2nd half of last year, the EU economy is on track for further recovery in 2011-2012.
07 February 2011 -
UK Steel President warns of layered costs
Addressing the biennial Forum of UK Steel in London on 27 January, the President, Mr Tarlock Singh, warned that the Russian, Ukrainian and Chinese steelmakers would end up as the beneficiaries of the many steel intensive infrastructure projects proposed in UK if the UK government insists on layering on more and more costs to UK’s steelmakers.
04 February 2011 -
Forgemasters cast hollow ingot for nuclear power
Sheffield Forgemasters has concluded successful casting trials of a pioneering hollow steel ingot to help capitalise on key power generation sectors including civil nuclear.
04 February 2011 -
Nippon and Sumitomo plan merger
Nippon Steel, Japan’s largest steelmaker, is considering a merger with domestic rival Sumitomo Metal Industries next year in a move that would create the world’s second-largest steel company by output.
03 February 2011 -
Japanese group hands over final acceptance certificate
Japanese group Sumitomo Metal Industries has given Siemens VAI Metals Technologies the final acceptance certificate for the Mulpic (Multi-Purpose-interrupted-Cooling) system installed in the plate rolling mill at its Kashima Works.
03 February 2011