Archive for March 4th, 2008
ASI on way to boosting production
Algoma Steel Inc.’s commitment to a near doubling of production will include firing up a second blast furnace.
"Work on No. 6 blast furnace is proceeding according to plan with a targeted start in late spring-early summer, depending on a number of variables," stated Brenda Stenta, ASI’s manager of corporate communications, in an e-mail to [...]
Posted: March 4th, 2008 under Steel News.
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Corus Port Talbot receives another multi-million £ boost
Corus has given its Port Talbot steel works another multi-million pound boost. It has announced a £9million investment in the coke-making section - just weeks after it confirmed it would be spending £60million on an energy recovery plant for its Basic Oxygen Steelmaking facility.
The new cash will be spent on a [...]
Posted: March 4th, 2008 under Steel News.
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ThyssenKrupp’s steel unit raises prices by up to 100 eur per tonne as of April 1
ThyssenKrupp AG’s steel unit has raised steel prices by up to 100 eur per tonne effective from April 1, responding to rising raw material costs, Jost Massenberg, board member of the unit said at a steel conference in Dusseldorf. He said the biggest German steel-maker sees positive market signals it can further [...]
Posted: March 4th, 2008 under Steel News.
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