As communicated in July, SSAB has agreed to divest Ruukki Construction’s business operations in Russia (OOO Ruukki Rus) to the Russian company OAO Salavatneftemash. The transaction has received the approval of the Russian competition authorities and has now been completed. The transaction excludes the right to the Ruukki brand.

ALUMINIUM 2018, the leading trade show for the aluminum industry took place in Düsseldorf from 9 to 11 October. In addition to discussing the big topics of the future at the SMS group booth, representatives of SMS group’s Technical Service also presented its service concept for extrusion press operators.

The four-year agreement is for the maintenance and renewal of the Belgian rail network and will see British Steel supply between 35,000 and 40,000 tonnes of rail a year – more than 3,000km of rail over the duration of the contract. Deliveries are scheduled to start in January 2019.

news in steel

LKAB invests in pilot plants for phosphorus and rare earth metals

"We are investing 45 million kronor in pilot plants as part of a pre feasibility study to define a process that enables recycling of mine waste through innovative processing, producing critical raw materials. Lab tests conducted during the year confirmed that we can produce more phosphorus and rare earth metals than estimated," says President and Group CEO, Jan Moström.

Introducing Duroxite™ 200 overlay plate for preventing severe sliding wear

Duroxite™ 200 saves money and improves productivity in a wide range of applications through higher output and less maintenance.

SMS group supplies high-performance Compact Cold Mill to Marcegaglia

Marcegaglia Ravenna S.p.A. has contracted SMS group for the complete supply of a two-stand reversing cold mill of CCM® (Compact Cold Mill) design. Marcegaglia's head-quarters is located in Gazoldo degli Ippoliti, in the Mantua province in North Italy.

VCC® technology comes to Colombia

Ternium del Atlántico SAS, has placed an order with SMS group for the supply and installation of the VCC® technology (Vertical Compact Coiler) for its bar mill in Palmar de Varela, Barranquilla, Colombia.