steel news

With its large local manufacturing base, the company introduced the innovative fastest escalator in Brazil and provided mobility solutions for the country's major airports as well as to four of the 2014 World Cup stadiums. ThyssenKrupp was given the award for mobility equipment provided for Sao Paulo’s metro and rail stations.

Nippon Steel & Sumitomo Metal Corporation (Representative Director & President: Kosei Shindo; hereinafter “NSSMC”) hereby announces that it has entered into an agreement with Idemitsu Kosan Co., Ltd. (Representative Director & CEO: Takashi Tsukioka; hereinafter “IDEMITSU”) to purchase a 10% interest in the Boggabri Coal Joint Venture in New South Wales, Australia, in which IDEMITSU participates through its Australian subsidiary (hereinafter “the JV”).

Contributing to the expansion of Warsaw underground, ArcelorMittal Europe – Long Products supplied more than 20,000 tonnes of rebars which have been used in the construction of seven new underground stations.

For the world's largest steel producer, ArcelorMittal, its sites in Germany remain very important. More than seven million tonnes of steel are produced in the group's four German plants in Bremen, Duisburg, Eisenhüttenstadt and Hamburg – this is about 20 per cent of the group’s European crude steel production.

Ilyich Iron & Steel Works of Mariupol is launching the production of boron-added 30MnB5 steel plates for quenching and tempering, which increases the service life of components in agricultural machinery. This is the first time this kind of plates will be manufactured in Ukraine; machine building companies previously imported this type of steel from Turkey and Europe.

Metinvest Group created Metinvest-PromService, LLC based on the maintenance departments of Ilyich Iron & Steel Works of Mariupol, Azovstal, and Yenakiieve Steel. The maintenance departments will be restructured into a single management structure without changing headcount. Work places, salary levels and social benefits will not be affected.

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ArcelorMittal proudly accepted General Motors’ Supplier of the Year award for the second consecutive year at the automaker’s 23th annual ceremony held in Detroit on Thursday, March 5. The Supplier of the Year award was given to just 78, or less than one percent, of GM’s global suppliers.