The EU steel market remained on a relatively fast growth track in the second quarter, supported by healthy economic fundamentals and the good operating performance of steel-using sectors. Nonetheless, imports continued to grow much faster than the domestic deliveries of EU mills. Steel demand growth levelling out in the EU and in other regions over the coming quarters – against the backdrop of persisting excess capacities in the global steel sector and proliferation of distortionary steel trade actions worldwide – is reason for concern.

Vietnamese cold strip producer MY VIET INDUSTRIES Co. Ltd. has granted Esmech Equipment Pvt. Ltd., a company of SMS group, the final acceptance for the supplied pushpull pickling line and the CCM® (Compact Cold Mill).

DaehanSteel Co. Ltd., South Korea, awarded SMS group an order to modernize its existing VCC® (Vertical Compact Coiler) of the rolling mill in its Pyeongtaek plant, which is located in the Seoul area.

wire 2018 exceeded all records attained so far and this success might still be topped: wire 2020 in Düsseldorf will open up for the first time with Fasteners and Springs forming independent exhibition areas under the roof of wire 2020. Start of registration for potential exhibitors is by end of January, 2019.

The international steel maker, Posco, is one of the world's largest steel producers. To ensure consistently high levels of steel production, the company has invested in modernizing the blowers on its blast furnaces at its main plant in Pohang using Siemens drive technology.

China's growing demand for higher grade iron ore in its bid to curb environmental damage is set to drive down the crude steel production and iron ore imports between 2018 and 2022, says leading data and analytics company GlobalData.

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.