steel news

In the beginning of the new year, Baosteel Special Steel held the promotion meeting for 2016 Cost Reduction and Benefit Increase i.e. Labour Emulation, in which the challenging target of cost reduction and benefit increase was defined, the detailed measures of cost reduction and benefit increase were deployed, the items and key indices of cost reduction and benefit increase of each responsible department was determined.

• Develops a slow charging device for electric vehicles (EV) applying World Premium STS steel materials
• Offers a design solution to increase steel demand in new markets for a more luxurious image

POSCO is using design in solutions marketing to expand its application scope of steel materials to electric vehicle (EV) charging infrastructure.

Nucor Corporation (NYSE: NUE) announced today that its direct reduced iron (DRI) plant in Louisiana will resume operations by the end of January. The plant temporarily suspended production at the end of last year for planned maintenance and the company decided not to resume production at that time based on market conditions. Nucor's raw materials strategy is built on flexibility, with the company constantly evaluating the market for the lowest cost raw material inputs at the quality levels our customers need. Changes in the raw materials market led to the decision to restart plant operations.

Digital strategy transferred from the USA to Europe *** Portal and shop solutions for existing and new customer groups *** Portals in Germany and Belgium *** Shops in the UK, Spain and Germany *** “Materials4Me” as a second brand for new target groups in Europe *** A total of roughly 80,000 products available online *** SAP system for up to 10,000 users