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World

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

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Accumulating Scrap in China Could Reduce Demand for Coal, Coke

09 November 2017 - China’s scrap reservoir could more than double over the next eight years and enable a rise in electric arc furnace steelmaking – and drive a reduction in iron ore, coal and coke demand, according to Joseph Poveromo, president of Raw Materials & Ironmaking Global Consulting.

Better Performing Blast Furnaces Will Drive Coke Evolution

08 November 2017 - As coke batteries age and environmental rules make new greenfield projects less feasible, the coke industry will have to place a greater emphasis on repair know-how and technology, said Marcelo Andrade, ArcelorMittal raw material and ironmaking manager.

China's Steel Capacity Forecast to Fall Below 1 Billion Tons

08 November 2017 - China’s government-mandated production curtailments are forecast to reduce hot metal production by 41 million net metric tons and coke demand by 18 million net metric tons, according to an estimate from commodities consultancy CRU.

Competition Worries Prompt EU to Take Closer Look at ArcelorMittal-ILVA Deal

08 November 2017 - Competition regulators at the European Commission are taking a closer look at ArcelorMittal’s plan to acquire Italy’s ILVA, fearing that the deal may lead to higher prices for hot-rolled, cold-rolled and galvanized flat products, especially in southern Europe.

Large-Diameter Spiral-Weld Line Enters Production

07 November 2017 - Algeria’s EPE Alfapipe has put a new 80-inch, spiral-welded pipe mill into service, according to the equipment supplier on the project. 

Spanish Mill Puts New Walking Beam Furnace on Order

03 November 2017 - SMS group has received an order for a walking beam furnace from Spain’s Forjas Iraeta Heavy Industry, the equipment supplier said on Friday. 

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.