POSCO named world’s most competitive steelmaker

POSCO was selected as the world's most competitive steelmaker this year. The World Steel Dynamics (WSD), an information service provider that analyses the global steel market, held the thirtieth Steel Success Strategies (SSS) forum in June, and announced the results of World-Class Steelmaker Rankings.

Tata Steel is the likely Indian partner

Nippon Steel and Sumitomo Metal Industries will likely proceed with Tata Steel as their partner in the Indian market, after their proposed merger, due to the fact that they are the bigger brand in the global arena.

Nippon declines to comment on clause

Nippon Steel declined to comment on 13 February about reports that its technology tie up with Arcelor could help it fight off a hostile takeover bid by Mittal Steel.

Nippon’s talks with Dollé begin

Mr Akio Mimura president of Nippon Steel, the world’s third biggest steelmaker, is meeting Arcelor CEO in Paris on 2 February amid speculation the Japanese group could act as a potential merger partner to help the European group fend off a hostile bid from Mittal Steel.

Design of titanium risers

DNV (Det Norske Veritas) has recently prepared a new recommended practice (RP) denoted DNV RP-F201, "Design of Titanium Risers".

Japanese consolidatation

Nippon Steel and Sumitomo Metal Industries have signed a letter of intent for the integration of their stainless steel businesses.

Reducing and sizing block for Nippon

Nippon Steel corporation will modernise their wire rod and bar mill for high-alloyed steel in Hikari by installing a three-roll reducing and sizing block to be supplied by Friedrich Kocks GmbH & Co, Hilden, Germany.