Iron and Steel News
With the Jet Process, Siemens Metals Technologies offers a solution for operating converters with up to 100 percent scrap and sponge iron. This enables operators of melt shops to respond to raw material supply bottlenecks and exploit short-term price fluctuations.
Siemens Metals Technologies has won an order to modernize the cooling section in the hot rolling mill No. 2 of Wuhan Iron & Steel Co. Ltd. (Wisco) in the Chinese city of Wuhan. New Power Cooling headers will be installed, the laminar cooling headers will be partly replaced with Turbo Laminar Cooling headers and the cooling model will be updated to the state of the art.
A single-strand continuous stainless-steel slab caster capable to cast the world's thickest stainless steel slabs was brought into operation in July for Pohang Iron and Steel Co. Ltd. (Posco) in Pohang, Korea.
Fortescue Metals Group (ASX: FMG, “Fortescue”) and Formosa Plastics Group (“Formosa”) are pleased to announce a US$1.15 billion investment by Formosa in the FMG Iron Bridge Joint Venture, established to develop the FMG Iron Bridge Project.
Siemens Metals Technologies has received an order from Hüttenwerke Krupp Mannesmann GmbH (HKM) to modernize continuous slab caster 1 in the Duisburg-Huckingen plant. The aim is to increase the production capacity of the plant from around one million to 1.1 million tons of slabs per year, and also to improve the quality of the products still further.
CDI Corporation Teams Up With Nucor And Tenova To Develop World's Largest Direct Reduced Iron Facility
CDI Corp. (NYSE: CDI) today announced that it is working with Tenova HYL Technologies to assist Nucor Corporation in the development of Nucor's direct reduced iron-making facility in St. James Parish, Louisiana.
Siemens Metals Technologies has acquired the know-how for acid regeneration from Acreg Process Technology GmbH, Vienna, Austria, thus extending its portfolio for pickling plants in the steel industry.