World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Chinese Province Cuts Steel, Coal Capacity
03 November 2017 - The Hebei province in China has cut 46.2 million metric tons of iron and steel capacity and 10.5 million metric tons of coal capacity, meeting its mandated reduction target, according to Xinhua, China’s state news agency.
Allegheny Technologies Establishes Stainless Sheet Joint Venture
02 November 2017 - U.S.-based Allegheny Technologies Inc. (ATI) is forming a joint venture with the world’s largest stainless producer to make and distribute 60-inch stainless sheet in North America.
Steelmaker, OEM Form Chinese Joint Venture
02 November 2017 - Primetals Technologies has launched a joint venture with China’s HBIS Tangshan Iron and Steel Group that will provide support for the steelmaker’s slab casters in the Hebei province.
REXA CEO Announces Retirement
01 November 2017 - REXA, a U.S.-based manufacturer of linear and rotary actuators for the process control sector, has named a company veteran as its next president and chief executive.
Report: Chinese Steel Mills Begin Production Curtailments
31 October 2017 - China's central and provincial governments, which have ordered mill shutdowns as a way to combat air pollution during the winter heating season, might have pushed ahead production curtailments ahead of schedule, reports S&P Global Platts.
voestalpine Announces Expansion of Automotive Blanking Facility
31 October 2017 - voestalpine is investing EUR16 million, or about US$18.6 million, to expand its laser-welded blanking facility in Linz, Austria.
Amid Quality-Data Scandal, Kobe Steel Pulls Profit Forecast
31 October 2017 - Kobe Steel has withdrawn its fiscal-year profit forecast and agreed to forego paying a dividend, saying that its data-quality scandal is making it too difficult to estimate its income.
Sandvik Hires a New President, Divests Welding Wire Business
30 October 2017 - Sandvik Materials Technology has named a current executive as its new president, the company said on Monday.
Tenova Sees Growing EAF Market in China
30 October 2017 - Over the last eight months, Tenova has won contracts to install six electric arc furnaces at Chinese steel mills, reflecting a shift in the production route there, the company said.
ArcelorMittal Awards Contract for Caster Rebuild
27 October 2017 - SMS group has won a contract to rebuild the No. 2 slab caster at ArcelorMittal Asturias’ plant in Avilés, Spain, the equipment supplier has announced.
A Foundry Prepares to Plunge Into the Abyss
27 October 2017 - A Finnish steel foundry has been contracted to help build a submersible that will take Chinese researchers to the deepest point on Earth.
Primetals Wins Order for New Caster
26 October 2017 - India’s Star Wire Ltd. has contracted with Primetals Technologies for a new billet and bloom caster at its mill in Ballabgarh, Haryana state.
New Cold Mill Put Into Service at Turkish Mill
24 October 2017 - Turkish joint venture producer Tosyali-Toyo Celik has fired up a new rolling complex that is producing cold-rolled tinplate and hot-dip galvanized and painted sheets.
Danieli Contracted for Slab Caster Upgrade
24 October 2017 - Danieli has been awarded a contract to overhaul the No 2. slab caster at ArcelorMittal Tubarão, the steelmaker’s flat-rolled plant in Serra, Brazil.
Sandvik Lands Order for Offshore Tube
24 October 2017 - Sweden’s Sandvik has bagged an order for 250 km worth of undersea tubing to connect a development area to an offshore platform.
China Records Monthly Steel Production Decline
19 October 2017 - China saw its September steel production slide as mills began reducing output in keeping with government orders to reduce air pollution.
U.S. Government Makes Inquiry Into Kobe Steel Scandal
18 October 2017 - The Kobe Steel quality-data scandal has caught the attention of the U.S. Justice Department, which has requested records related to any defective material sold in the U.S., according to The New York Times.
JSW Steel Eyes Italian Long Products Producer
18 October 2017 - India’a JSW Steel Ltd. is in the market for European opportunities and may be lining up to buy Italy’s Aferpi.
World Steel Association Names New Chairman
18 October 2017 - The World Steel Association has elected Nippon Steel & Sumitomo Metal Corp. president Kosei Shindo as chairman, the association has announced.
Forecast: The World Will Demand More Steel in 2018
16 October 2017 - Global steel demand is projected to reach 1.62 billion tons this year and grow 1.6% in the following year, according to a new short-range forecast from the World Steel Association.
