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World

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

Latest News

Iraq Targets 2019 Start-Up for New Billet Plant

23 February 2018 - Danieli has won an order for an electric arc furnace and billet caster in Kurdistan, the company said Friday.

China's Average Daily Steel Output Expected to Jump in March

22 February 2018 - China’s steel production might “erupt” in mid-March when anti-pollution operating restrictions are lifted, reports the Reuters news service. 

American Industry Applauds Section 232 Recommendations; the Rest of the World is Criticizing Them

21 February 2018 - U.S. steel industry representatives said they are hopeful that the Commerce Department’s recommended tariffs and quotas will effectively check steel imports and are asking President Donald Trump to make a decision soon. 

Liberty House Pulls U.S., U.K. Mills Out of the Mothballs

20 February 2018 - The United Kingdom’s Liberty House Group has restarted an idled electric arc furnace in England and said it plans to put a closed U.S. wire rod mill back into service within the next four months.

Three Vying for Ownership of Bhushan Steel

20 February 2018 - Officials overseeing Bhushan Steel Ltd.’s insolvency process have begun weighing offers for the Indian cold-rolled producer, according to the Press Trust of India. 

Primetals Technologies Announces Leadership Change

16 February 2018 - A veteran Mitsubishi manager has been named chairman and chief executive of Primetals Technologies, the company said on Friday. 

Japanese Steelmaker Eyes Hefty Capital Investments

14 February 2018 - The corporate parent of Japan’s JFE Steel Corp. plans to invest the equivalent of US$6 billion in upgrades to its mills over the next three years, JFE president Eiji Hayashida tells the Reuters news service. 

SAIL Lights New Blast Furnace, and Another Comes Down for Repair

14 February 2018 - The Steel Authority of India Ltd. has blown in a new blast furnace at its Bhilai Steel Plant, reports The (India) Economic Times. 

NLMK Names New President

14 February 2018 - Russian steelmaker NLMK has named senior vice president Grigory Fedorishin as its president and management board chairman-in-waiting.  

Tata Steel Might Be Considering Blast Furnace Reline at Welsh Plant

13 February 2018 - Tata Steel reportedly is considering a GBP75 million reline of a blast furnace at its Port Talbot Works in Wales, reports The (London) Telegraph. 

Essar Steel Attracts Offer from World's Leading Steel Producer

12 February 2018 - ArcelorMittal has laid an offer on the table for distressed flat-rolled producer Essar Steel India, the company disclosed on Monday. 

Severstal to Light a New Blast Furnace in 2022

07 February 2018 - Russia’s PAO Severstal said it plans to build a RUB28 billion (approximately US$486.6 million) blast furnace at its Cherepovets steel works.

Report: ArcelorMittal Divests Stake in Indian Steelmaker

07 February 2018 - ArcelorMittal is cashing out its stake in India’s Uttam Galva, freeing it to bid on troubled steel assets elsewhere in the country, reports India’s Business Standard.

17 Killed in Chinese Mill Accidents

07 February 2018 - Two separate gas leaks have claimed 17 lives at Chinese steel plants, according to the Reuters news service.

thyssenkrupp Workers OK Joint Venture Labor Deal

06 February 2018 - Rank-and-file members of German labor union IG Metall have overwhelmingly approved a labor agreement on the proposed joint venture between Tata Steel’s European strip business and thyssenkrupp’s steelmaking business.

Europe Has a Big Overcapacity Problem, voestalpine Executive Says

05 February 2018 - About 20% of Europe’s steelmaking capacity is redundant, and companies should look to close mills while re-orienting themselves toward greater production of higher-end steel, voestalpine AG chief executive Wolfgang Eder tells The (London) Financial Times.

ANDRITZ Accepts Order for French Galvanizing Line Furnace

05 February 2018 - ArcelorMittal Atlantique & Lorraine S.A.S. has ordered a direct-fired furnace from the ANDRITZ technology group in support of a EUR67 million coating line conversion.

Swiss Steelmaker Makes Prevailing Offer for Troubled French Company

29 January 2018 - A Swiss specialty long steel manufacturer has been named the preferred bidder for France’s Ascometal, according to the Reuters news service. 

Iranian Pipe Mill Calls on SMS group for Upgrades

29 January 2018 - SMS group has signed a signed a comprehensive service and modernization contract with Sadid Industrial Group’s Mahshahr pipe mill, the equipment supplier has announced. 

Report: Steel Giants Team Up in Bid for Indian Manufacturer

29 January 2018 - Nippon Steel & Sumitomo Metal Corp. and ArcelorMittal are going in together on a bid for India’s Essar Steel, reports The (India) Economic Times.