Steel Times International News
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ArcelorMittal and Posco in Karnataka plan
ArcelorMittal has signed a Memorandum of Understanding (MoU) to spend INR300bn ($6.4bn) to build a 6Mt/y steel plant in Karnataka, India.
04 June 2010 -
Gerdau plans full ownership of Ameristeel
Brazilian steelmaker Gerdau said that it planned to take full ownership of its North American unit in a deal valued at up to $1.6bn as it seeks to reduce its debt servicing costs.
03 June 2010 -
Laser probe for testing high speed machinery
Testing high speed, rotational machinery is now a simpler process with Brüel & Kjær’s new Laser Tacho Probe, Type MM-0360.
02 June 2010 -
Corus launches steel for the automotive market
Corus Steel has launched Dual Phase (DP) 800HyPerform advanced high-strength steel for the automotive market.
02 June 2010 -
Greer upgrades CTL line.
US company Greer Steel has completed an upgrade that extends the length capability of the company’s Braner cut-to-length (CTL) line.
02 June 2010 -
Philippine government considers steel plant
The Philippine government is considering building an integrated iron and steel facility in the country.
02 June 2010