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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Steelmakers Coming Around to Hedging, LME Executive Says
21 August 2017 - Despite some early skepticism, steel mills might be starting to warm to the idea of steel futures and have been testing out London Metal Exchange contracts, according to Reuters news service.
British Steel Opens International Sales Offices
18 August 2017 - A year following its split from Tata Steel Europe, British Steel officially has established its international presence, opening nine overseas sales offices under its brand.
U.S. Stainless Flange Producers File Dumping Complaint Against China, India
17 August 2017 - Two U.S. flange makers have filed a dumping complaint against China and India, alleging that producers in those countries are selling forged stainless flanges below cost.
POSCO to Boost Hiring Over Next Four Years
17 August 2017 - South Korea’s top steelmaker said it will step up hiring to secure its workforce through the digital revolution, according to The Korea Times newspaper.
Primetals Gives ExxonMobil Lubricants Preferred Status for Rolling Mill Equipment
17 August 2017 - ExxonMobil and Primetals Technologies have struck up a partnership through which they’re offering incentives to customers who use ExxonMobil lubricants on certain Primetals equipment.
Report: Two Killed in Coke Oven Explosion
16 August 2017 - Two people were killed and 10 others were injured Tuesday in a coke oven explosion at a Gerdau SA plant in Brazil, according to the Reuters news service.
IMF: China's Steel Capacity Reductions Have Had 'Muted' Impact
15 August 2017 - The International Monetary Fund said China’s efforts to cut excess steel and coal capacity have had a "muted" impact on its production and that the country could stand to make more aggressive cuts.
Primetals Wins Contract for Caster Improvements
15 August 2017 - Primetals Technologies has been contracted to upgrade a two-strand slab caster at a Taiwanese steel mill, the equipment supplier has announced.
In a Typically Slow Month, China's Steel Production Speeds Up
14 August 2017 - China set a new monthly steel production record in July, making slightly more than 74 million metric tons, according to the Reuters news service.
Tata Hires Danieli to Upgrade Galv Line
14 August 2017 - Danieli has won a contract to upgrade a hot-dipped galvanizing line at Tata Steel Europe’s IJmuiden plant in the Netherlands, the company has announced.
RINL Gains Capacity Through Steel Shop Overhaul
14 August 2017 - India’s Rashtriya Ispat Nigam Ltd. (RINL) has completed a US$62.4 million overhaul of the No. 1 steel shop at its Visakhapatnam Steel Plant.
Tata Steel Reportedly Preparing to Announce Deal on U.K. Pension Plan
09 August 2017 - Tata Steel and U.K. officials are hoping to announce on Friday that they’ve reached a deal to separate Tata Steel from its legacy British Steel pension fund, a move that would potentially allow the company to combine its European strip business with thyssenkrupp AG's steel division.
Integrated Steelmaker Retains Harsco for Scrap Management
09 August 2017 - Mill services contractor Harsco Corp. has renewed its scrap management contract with Al Ezz Dekheila Steel Co.'s Alexandria, Egypt, plant.
Tata Chairman Says Corus Acquisition Made Sense at the Time
08 August 2017 - Tata Sons chairman Natarajan Chandrasekaran defended his company’s decade-old acquisition of former Anglo-Dutch steelmaker Corus, saying that the deal was a reasonable one to make at the time, hindsight notwithstanding.
Policy Fuels China's Rising Iron Ore, Steel Prices
08 August 2017 - Iron ore and steel prices are rising in China as government policies have helped to tighten supply and increase demand, reports the Bloomberg news service.
Chinese Steelmaker Contracts Primetals for Industry 4.0 Solution
08 August 2017 - China’s Rizhao Steel Group Co. Ltd. has ordered a newly developed IT system from Primetals Technologies to continuously monitor and manage product quality.
Plate Mill Restarts After Seven-Month Outage
08 August 2017 - Nippon Steel & Sumitomo Metal Corp. has restarted the plate mill at its Oita Works more than seven months after a fire burned up an electrical room, the company has announced.
NLMK Hopes to Improve Iron Ore Production Through Predictive Analytics System
07 August 2017 - NLMK Group’s Stoilensky iron ore division is incorporating predictive analytics into its ore crushing and beneficiation operations in a bid to boost productivity.
Danieli Contracted for Russian Blast Furnace Reline
07 August 2017 - Danieli Corus has been awarded a contract to reline the No. 1 blast furnace at Russia’s Magnitogorsk Iron & Steel Works.
voestalpine Deepens Investment in Powdered Metals, Additive Manufacturing
04 August 2017 - Austria’s voestalpine said it is investing EUR50 million to expand metal powder production for additive manufacturing and to open two 3D printing research and production facilities in Taiwan and Canada.
