Open / Close Advertisement

World

All the latest headlines from all regions of the world outside the NAFTA market.

Latest News

Japanese Steelmaker Restarts Damaged Bar Mill

22 March 2016 - Toyota-affiliated Aichi Steel Corp. has restarted a bar mill that was damaged by a gas explosion earlier this year, the company has announced.

1.4 MT Rebar Plant Opens in Oman

21 March 2016 - Jindal Shadeed Iron and Steel has inaugurated a new rebar mill at its plant in Sohar, Oman, according to reports.

Primetals Completes Capacity-Boosting Project at Aperam Mill

18 March 2016 - Primetals Technologies has finished upgrading an annealing and pickling line at a stainless sheet mill in Belgium, the company has announced.

Chinese Steelmaker Accepts New Continuous Caster

17 March 2016 - China’s Hebei Puyang Iron and Steel Co. Ltd. has signed the final acceptance certificate for its new single-strand slab caster, according to the equipment manufacturer.

U.S. Manufacturers Pushing to Deny China Market Economy Status

17 March 2016 - The American Iron and Steel Institute, along with The Aluminum Association and five other U.S. manufacturing groups, have launched a campaign to oppose granting China market economy status.

JSW Steel Lights Rebuilt Blast Furnace

16 March 2016 - SMS group subsidiary Paul Wurth group has finished rebuilding a JSW Steel blast furnace, concluding a project that nearly doubled the furnace’s annual production capacity.

Tata Steel Eyes September Commissioning for New Steel Works

14 March 2016 - India’s Tata Steel is bringing up its new Kalinganagar steel works in the state of Odisha and plans to have it fully commissioned by September, company officials said.

Deutsche Bank Plans to Reduce Credit Exposure to Steel, Mining Industries

14 March 2016 - The downturn in the steel and mining industries is prompting Germany’s largest bank to pull back on its lending to those areas.

EUROPIPE Bags 890,000-Ton Order For Undersea Pipeline

11 March 2016 - German joint venture EUROPIPE is being awarded to contract to supply nearly 1 million tons of large-diameter pipe for a natural gas pipeline running under the Baltic Sea.

Jindal Steel Looks to Monetize Assets and Pay Down Debt

11 March 2016 - Indian steelmaker Jindal Steel and Power Ltd. plans to sell stakes in some of its steel businesses as a way to raise money and pay off debt, according to livemint.com.

Deadline Nearing for Sale of Tata Steel Europe Long Products Business

11 March 2016 - Talks between investment firm Greybull Capital and Tata Steel over the sale of its European long products business are continuing, but the steelmaker is sticking to a self-imposed deadline to strike a deal, reports the U.K.’s Mirror tabloid.

Workers Vote Down Arrium Request for Pay Concessions

10 March 2016 - Approximately 400 unionized iron ore miners at Australia’s Arrium have rejected the company’s request for wage concessions, saying they won’t agree to it until the company provides a clear financial plan for continuing operations, according to Australian broadcaster ABC.

China's Planned Capacity Cuts Aren't Enough, says Veteran Steelmaker

10 March 2016 - China’s plan to shutter 100 million to 150 million metric tons of steelmaking capacity won’t be enough to restore balance to the sector, Zhang Wuzong, chairman of privately owned Shandong Shiheng Special Steel Group told, the Reuters news service.

Harsco Wins Extended Agreement With Stainless Manufacturer

10 March 2016 - Mill services provider Harsco Corp. has won a five-year contract extension at a Belgian stainless mill, the company has announced.

China Intends to Idle More than 200 Mills in its Steelmaking Center

09 March 2016 - The Hebei province, China's steelmaking heartland, will close 60 percent of its steel mills by 2020 as part of the country's effort to curb excess capacity, reports Chinese business and finance magazine Caixin.

Paul Wurth Wins Order for Blast Furnace Charging System

09 March 2016 - South Korea’s POSCO has ordered a new charging system for the No. 3 blast furnace at its Pohang works, according to the vendor on the project.

Primetals Awarded Contract for Caster Modernization

08 March 2016 - Italian steelmaker Acciaierie Valbruna S.p.a. plans to modernize the three-strand continuous billet caster at its Bolzano plant, according to the vendor on the project.

EUROFER: U.S. Duties on Cold Rolled Steel Will 'Re-establish' Level Playing Field

07 March 2016 - The U.S. Commerce Department’s preliminary imposition of a 266 percent duty on Chinese-made cold rolled steel will “re-establish” a level playing field. The European Union would do well to take note, said European Steel Association director general Axel Eggert.

ArcelorMittal CEO Sees Improvement on the Horizon

07 March 2016 - There’s finally some light at the end of the tunnel, ArcelorMittal’s chief executive told The (London) Financial Times.

Serbia Puts Nationalized Mill on Sales Block

04 March 2016 - The Serbian government is looking to sell a steel mill that it acquired -- for $1 -- from United States Steel Corporation in 2012, reports the Reuters news service.

Page 124 of 486