Steel Mills

Dutch Company to Manage Serbian Steel Mill Zelezara Smedervo
Written by Sandy Williams
March 20, 2015
Dutch company HPK Engineering has been awarded a 3-year management contract for Serbian steel mill Zelezara Smederevo. After nearly a year of negotiations with the Serbian government US-based Esmark was pushed out of the running for purchase and management of the state-owned steel mill.
HPK Engineering pledged to invest $20 million in the plant to start production as well as retaining the current 5000 employees and increasing salaries by 10 percent. Zelazara Smederevo has an annual production capacity of 2.2 million tons of steel but produced only around 350,000 tons in 2014. HPK pledged to double that in 2015 and show profit in six months.
“This is an important day for Zelezara Smederevo and an important day for Serbia,” said Prime Minister Aleksandar Vucic.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.

August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.

TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.

Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.

ArcelorMittal Dofasco resumes cokemaking after emergency maintenance
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.