TITLE

Severstal Gets DOE Loan to Develop High-Strength Steels

PUB. DATE
August 2011
SOURCE
Metal Center News;Aug2011, Vol. 51 Issue 9, p39
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the conditional commitment for a 730-million-dollar loan received by Severstal North America Inc. from the U.S. Department of Energy (DOE) for the construction of its metal finishing facilities in Dearborn, Michigan. It states that the companies these facilities intend to produce advanced high strength steels (AHSS) for automotive applications. Moreover, it is noted that the company's investment would create and retain various construction and manufacturing jobs.
ACCESSION #
65157962

 

Related Articles

  • Advanced high strength steels studied for auto formability.  // Advanced Materials & Processes;May2004, Vol. 162 Issue 5, p24 

    Provides updates concerning the collaborative effort between American Iron and Steel Institute and U.S. Department of Energy to characterize the formability of several important high strength steels. Total number of steels characterized; Various tests performed on steels; Contact information.

  • US guarantees loan for first new nuclear plant in 30 years.  // TCE: The Chemical Engineer;Apr2014, Issue 874, p12 

    The article reports that the U.S. Department of Energy (DoE) guarantees a $6.5 billion loan necessary for the construction of the first nuclear reactors in 30 years, and includes insight from Energy Secretary Ernest Moniz.

  • Police-car factory denied federal loan.  // Nashville Automotive Report;Apr2012, Vol. 25 Issue 11, p14 

    The article reports on the decision of the U.S. Department of Agency (DOE) to deny the federal loan application of Connersville, Indiana-based Carbon Motors Corp. which planned to build high-technology police cars.

  • SEVERSTAL OPENS NEW STEELMAKING FACILITIES.  // Modern Metals;Sep2012, Vol. 68 Issue 8, p12 

    The article reports that Severstal North America held a "Dearborn Reborn" themed opening in June 2012 for its 1.4 billion-dollar steelmaking facilities at its Dearborn, Michigan headquarters.

  • Russian owner renovates Rouge Steel plant. Sedgwick, David // Automotive News;1/10/2011, Vol. 85 Issue 6446, p22 

    The article reports that Russian steel maker Severstal North America Inc. is investing large sum of money to convert the Rouge Steel plant in Dearborn, Michigan, into the continent's most efficient automotive steel plant.

  • Severstal Starts Dearborn HDGL.  // Metal Center News;Feb2012, Vol. 52 Issue 2, p89 

    The article reports that the steel company Severstal North America Inc. has authorized the installation of Hot Dip Galvanized Line at its facility in Dearborn, Michigan.

  • Striving for a Solar-Powered Future. Jusko, Jill // Industry Week/IW;Oct2009, Vol. 258 Issue 10, p36 

    The article reports that Solyndra Inc. has become the recipient of the 535 million dollars loan guarantee from the U.S. Department of Energy (DOE). It mentions that the loan is to finance the construction of the first phase of the DOE's second solar panel manufacturing facility. According to...

  • Energy Department loan program flawed, GAO says. Restuccia, Andrew // Hill;3/13/2012, Vol. 19 Issue 32, p11 

    The article offers information on the comments of the U.S. Government Accountability Office on the taxpayer-backed loans program of the Department of Energy, it is mentioned that the programs are not properly structured and hinders the growth of sustainability projects.

  • Enbridge Rescues Troubled Power Line Project Backed By DOE. LOBSENZ, GEORGE // Energy Daily;10/25/2011, Issue 205, p1 

    The article focuses on the acquisition of Tonbridge Power Inc. (TPI) by Enbridge Inc. in a seeming rescue for the troubled power line project of TPI with a low-cost loan of 161 million U.S. dollars from the Energy Department. Enbridge Inc., it says, purchased TPI for 20 million U.S. dollars...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics