JSW Steel awards contract for slab sizing press
Marubeni Corporation, jointly with Mitsubishi-Hitachi Metals Machinery, will supply a slab sizing press for a hot strip mill belonging to JSW Steel, a steel company in the private sector in India. Marubeni will be the prime contractor and Mitsubishi-Hitachi will design and supply the mechanical equipment.
CSPA approves Northern Gateway recommendation
The Canadian Steel Producers Association (CSPA) welcomed the Joint Review Panel’s recommendation that the Government of Canada approve the proposed Enbridge Northern Gateway Project, subject to the 209 required conditions.
Centaurus revises Jambreiro development plan
International iron ore company Centaurus Metals revised the development plan for its flagship Jambreiro Iron Ore Project in south‐east Brazil after production commenced at the facility at 1Mtpa with the ability to subsequently increase to 2–3Mtpa.
This revised development strategy is expected to result in a substantial reduction in pre‐production capital, enabling Centaurus to commence development with significantly less financing risk and in the shortest possible timeframe to take advantage of continued strong iron ore prices. Pattern Energy acquires 2 wind power projects
Pattern Energy Group will acquire two wind power projects, Grand Renewable and Panhandle 2, from its majority shareholder, Pattern Energy Group LP (Pattern Development), for total cash consideration of USD 202.
High-strength special steels for new architecture
High-strength special steels also have obvious advantages in construction. Friends Arena, the new landmark stadium in Stockholm, Sweden, is a classic example of the impressive, practical architecture that can be created using steel structures.