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

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Anglo American's Chief Executive, Mark Cutifani, Addresses Shareholders at 2015 Annual General Meeting

27 April 2015 - Anglo American plc held its Annual General Meeting for shareholders in London on the 23rd of April. Mark Cutifani, Chief Executive, made the following remarks.

Duplex Outperforms Mild Steel in Bridge Lifecycle Analysis

27 April 2015 - The use of duplex stainless steel in the construction of the new Myllysilta bridge in Finland generated significant environmental benefits over the alternative mild steel option, including a 62% reduction in global warming potential, a new lifecycle analysis study has concluded.

POSCO to Construct Iron Manufacturing Plant in Turkmenistan Valued at $1 billion

27 April 2015 - POSCO Group will construct an iron manufacturing plant in Turkmenistan. Daewoo International signed a MOU for the construction project of the iron manufacturing plant for producing reinforced steel and pipe with a value of 1 billion dollars with the Ministry of Industry of Turkmenistan while attending the summit of both Korea and Turkmenistan on April 13th.

Oerlikon’s Drive Systems Segment Inaugurates Third Plant in India

24 April 2015 - Oerlikon’s Drive Systems Segment inaugurates its third plant at Sanand in Gujarat, India. This is the 10th production facility for the Segment globally.

EU Recovery on a More Solid Footing — Risks Still Loom

24 April 2015 - The slight improvement in GDP growth in Q4-2014 combined with the recent uptrend in economic indicators bode well for a more broad-based gain in economic momentum in the EU. The weaker Euro and low oil price will provide a major boost to domestic demand and exports.

Shandong Iron and Steel Group Acquires Remaining Stake in Tonkolili Iron Ore Project

24 April 2015 - Shandong Iron and Steel announces that it has acquired the 75 per cent stake in the Tonkolili Iron Ore mine in Sierra Leone it does not already own.

China Steel Corporation Approves Investment in LanzaTech Commercial Project

23 April 2015 - Taiwan’s largest integrated steel maker, China Steel Corporation (CSC), has announced formal Board approval of a 1400M TWD ($46M USD) capital investment in a LanzaTech commercial ethanol facility. This follows the successful demonstration of the revolutionary carbon recycling platform at the White Biotech (WBT) Demonstration Plant in Kaohsiung using steel mill off gases for ethanol production.

AZZ incorporated Reports Financial Results for the Fourth Quarter and Fiscal Year 2015

23 April 2015 - AZZ incorporated, a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services, today announced financial results for the three and twelve-month periods ended February 28, 2015.

Largest AUMUND Conveyor for Hot Sinter Material Goes to Japan

23 April 2015 - With the order for delivery of the largest pan conveyor for the transport of hot sintering material to Nippon Steel & Sumitomo Metal, the Division Metallurgy of AUMUND Fördertechnik GmbH at Rheinberg/ Germany won an outstanding reference project in Japan.

MMK Group Announces Operational Results for Q1 2015

23 April 2015 - MMK Group’s overall crude steel output in Q1 2015 totalled 3,228 thousand tonnes (+5.1% q-o-q; +1.3% y-o-y). Overall steelmaking capacity utilisation at the main Magnitogorsk site in Q1 2015 exceeded 92%. At the same time, converter production operated at 100% of capacity.

March 2015 Crude Steel Production for the 65 Countries Reporting to worldsteel

22 April 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 138 million tonnes (Mt) in March 2015, a -2.7% decrease compared to March 2014.

Phoenix™ to supply system for monitoring refractory temperature in ladles

22 April 2015 - A major manufacturer of refractory materials for the steel and foundry industries has recently placed an order on Phoenix™ for a ‘Hot Box’ system to monitor refractory temperatures in the linings of steel ladles.

ArcelorMittal Releases 2014 Sustainability Report

22 April 2015 - ArcelorMittal, a leading steel and mining company, has published its 2014 sustainability report, ‘Steel: the sustainability challenge’. The report launches the company’s 10 new sustainable development outcomes which outlines what the company needs to achieve in order for its steel to be recognised as one of the world’s most sustainable materials. It also details the company’s sustainability highlights, including how ArcelorMittal made an economic contribution to society of $79 billion in 2014.

Emirates Steel Alerts Over Imports Hitting UAE Market

22 April 2015 - Emirates Steel, the largest integrated steelmaker in the UAE, has warned of the effects of the flow in China’s and Turkey’s steel to the local markets, and called for protective actions to face the increasing competition and falling prices.

Bayi Iron Steel Takes the Lead in Green Buildings in China

21 April 2015 - Xinjiang Green Building Co was officially established in Toutunhe district in the Xinjiang Uygur autonomous region on March 30. It is the first assets management company in Xinjiang to focus on the development of the green building industry. The newly-inaugurated company was invested in by Baosteel Group Xinjiang Bayi Iron Steel Co and another six enterprises, including the Xinjiang Natural Information Technology Investment Co headquartered in Xinjiang.

worldsteel Short Range Outlook 2015–2016

21 April 2015 - The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2015 and 2016. worldsteel forecasts that global apparent steel use will increase by 0.5% to 1,544 Mt in 2015 following growth of 0.6% in 2014. In 2016, it is forecast that world steel demand will grow by 1.4% and will reach 1,565 Mt.

Associations of Europe and North and Latin America Present Critical Document to the “New” Chinese Steel Industry Policy

21 April 2015 - Eight national and regional associations representing the steel industries of Europe, North and Latin America joined in expressing their concern to the Chinese government about the recently revised “Adjustment Policy 2015” to the Chinese national steel strategy, released last March.

SSAB Is Launching Strenx, a New Brand for High-Strength Steels

21 April 2015 - SSAB is launching Strenx, a new high-strength structural steel product brand, which offers the most extensive portfolio of high-strength steels on the market. This will open up new competitive possibilities for customers to make stronger, lighter and more sustainable products.

ArcelorMittal Steel in the Largest Oil Discovery of Recent Years

20 April 2015 - ArcelorMittal will supply some 15,000 tonnes of clad plate to aid one of the largest and toughest oil projects of the last 30 years.

MMK Group Plans to Significantly Increase Budget for Environmental Initiatives in 2015

20 April 2015 - OJSC Magnitogorsk Iron and Steel Works plans to implement 72 initiatives within its approved 2015 Environmental Programme with a budget exceeding 3.3 bln roubles*, covering all the mill’s production plants and MMK Group entities.

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