2nd Steelies Awards winners announced at worldsteel-45 in Paris

( Source: worldsteel, Brussels )

[22/02/2012]

At the farewell dinner to close the 45th annual steel industry conference, the World Steel Association (worldsteel) hosted its second Steel Awards ceremony. The trophies, known as Steelies, were awarded in seven categories. The categories, nominations and winners were:

Akademische Bildung vorantreiben

( Source: © Verlag Stahleisen GmbH )

[22/02/2012] © Verlag Stahleisen GmbH      Akademische Bildung vorantreiben - read more

ANDRITZ METALS to modernize furnace plant at Rasselstein

( Source: ANDRITZ AG  )

[22/02/2012]

International technology Group ANDRITZ has received an order from Rasselstein GmbH, a subsidiary of ThyssenKrupp Steel Europe, to renovate the automation and drive technology of continuous annealing furnace 3 in Andernach, Germany. The scope of supply comprises modernization and complete new drive technology, including basic automation and visualizing for the entire plant, which is to go into operation in November 2012 after the one-month rebuild.

ArcelorMittal accepts Peamcoal offer

( Source: ArcelorMittal, Luxembourg )

[22/02/2012]

ArcelorMittal yesterday provided notice to Peabody Energy that, in accordance with the Co-Operation and Contribution Agreement between the two companies, following its acceptance of Peamcoal Pty Ltds offer for Macarthur Coal Ltd the day before, it has terminated the Co-Operation and Contribution Agreement as provided for therein. ArcelorMittal will remain a shareholder in Peamcoal until the termination arrangements are completed which is expected to be in approximately 90 days time.

ArcelorMittal announces the publication of full year 2011 Ebitda sell-side analyst consensus figures

( Source: ArcelorMittal, Luxembourg )

[22/02/2012]

ArcelorMittal today announces the publication of sell-side analysts consensus forecasts for ArcelorMittals 2011 full year Ebitda. The consensus figures are based on sell-side analyst estimates recorded on an external web based tool provided and managed by an independent company called Vuma Financial Services Limited (trade name: Vuma Consensus). The consensus figures together with the full list of sell-side analysts who submitted their forecasts are available on the ArcelorMittal website.

ArcelorMittal announces the publication of Q311 Ebitda sell-side analyst consensus figures

( Source: ArcelorMittal, Luxembourg )

[22/02/2012]

ArcelorMittal announces the publication of sell-side analysts consensus forecasts for ArcelorMittals Q3'11 Ebitda. The consensus figures are based on sell-side analyst estimates recorded on an external web based tool provided and managed by an independent company called Vuma Financial Services Limited (trade name: Vuma Consensus). The consensus figures together with the full list of sell-side analysts who submitted their forecasts are available on the ArcelorMittal website.

Business integration of Nippon Steel and Sumitomo Metals has been approved

( Source: NSC, Tokyo )

[22/02/2012]

Yesterday, Nippon Steel Corporation) and Sumitomo Metal Industries, Ltd. received from the Japan Fair Trade Commission a Notification To The Effect That a Cease and Desist Order Will Not Be Issued, which means that the business integration of Nippon Steel and Sumitomo Metals has thereby been approved by the JFTC. The Companies agreed to commence their consideration of the Business Integration in February 2011, and the JFTC has been conducting its review of the Business Integration since the submission by the Companies on May 31, 2011 of Notification of a Plan Regarding The Merger. The Companies sincerely appreciated the intense review of the JFTC in a short period and understand that the JFTC has conducted its review with due regard to the actual conditions of competition in the relevant markets.

China (Beijing) International Metallurgy Industry Expo 2012

( Source: CIMIE Organizing Committee, Beijing )

[22/02/2012]

The 9th China International Metallurgy Industry Expo will take place in China National Convention Center. CIMIE 2012 will show cutting-edge technology of global Iron and Steel Industry. 30,000 professional visitors are expected. Over hundreds of upstream and downstream related enterprises from all over the world will participate in and expand the development road of metallurgy industry together.

China dumps massively organic coated steel on EU market

( Source: Eurofer, Brussels )

[22/02/2012]

Eurofer filed an anti-dumping complaint with the European Commission providing evidence that imports of organic coated steel from China are sold at dumped prices and cause significant injury to the EU steel industry. Over the past four years imports from China into the EU increased dramatically, despite the drop in EU consumption. As a result of this, the EU industry lost sales and market share forcing it to cut back on production and to reduce capacity, says Gordon Moffat, Eurofers director general.