World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
AUMUND Wins Order for Conveyor at New DRI Plant in Algeria
15 January 2016 - Germany’s AUMUND Fördertechnik GmbH is building a 116-meter conveyor that will link a new hot direct reduced iron plant to a meltshop at the Tosyali Holding AS mill in Algeria.
French Rod Mill Upgrades Coil Handling System
15 January 2016 - French stainless steel wire rod producer Ugitech has awarded a final acceptance certificate on upgrades to the compacting and coil handling system in the company’s rod mill, according to the supplier, Primetals Technologies.
Labor Union to Meet With Tata Steel Leaders Over Layoff Reports
11 January 2016 - The United Kingdom’s Community labor union said it plans to meet with Tata Steel officials over reports that the company might lay off hundreds of people at its Port Talbot works in Wales, according to the BBC.
POSCO Highlights New Steels at Auto Show
11 January 2016 - South Korea’s POSCO is attending the North American International Auto Show in Detroit, Mich., USA, where it is unveiling its next-generation twinning-induced plasticity (TWIP) steel and showcasing its hot press forming steel, according to BusinessKorea magazine.
Mintal Group Places Order for New Ferrochrome Plant
08 January 2016 - China Minmetal Corp.’s Mintal Group joint venture has ordered a new ferrochrome plant capable of producing 300,000 metric tons annually, according to the vendor on the project.
Italy's Ilva Group Put On the Sales Block
06 January 2016 - The Italian government is seeking a buyer for the ailing Ilva steel group, according to reports.
Outotec to Cut 150 Jobs in Finland
04 January 2016 - Finland’s Outotec will cut 150 jobs at home and throttle back production at a machine shop and at its filters unit as it attempts to pare EUR70 million in fixed costs.
SAIL, ArcelorMittal Hoping to Formally Establish New JV Later This Year
04 January 2016 - Executives at Steel Authority of India Ltd. (SAIL) and ArcelorMittal are looking to finalize a joint venture sometime this year for a new automotive steel mill in India, according to The (India) Economic Times newspaper.
Danieli, Tenova Bring New DRI Plant into Production
30 December 2015 - Ezz Steel’s new cold discharge DRI plant has been put into service and is exceeding production expectations by more than 10 percent, one of the plant's developers has announced.
Report: India's Steelmaking Capacity Might Triple in Next 10 Years
30 December 2015 - India’s annual steelmaking capacity is projected to reach approximately 300 million metric tons by 2026, according to the Business Standard newspaper.
AIC Upgrading Roughing Stands at German Rolling Mill
30 December 2015 - A German rolling mill will emerge from a holiday outage sporting new drives on four of its roughing stands, according to the vendor on the project.
Uttam Galva, POSCO Ink Technology-Sharing Agreement for Indian Joint Venture
29 December 2015 - India’s Uttam Galva Group has signed an agreement to incorporate POSCO’s steelmaking technology in their proposed joint venture plant in Maharashtra, reports The Hindu BusinessLine newspaper.
New Coating Technology Put to Use in Offshore Well
29 December 2015 - Russia's TMK has shipped 32 metric tons of premium well products featuring its lubricant-free GreenWell polymer coating technology, the company has announced.
World Steel Chairman: An Oil, Gas Recovery is Still Months Off
28 December 2015 - The oil and gas sector isn’t likely to begin to recover until at least the summer of next year, World Steel Association chairman Wolfgang Eder said during an interview with USA Today.
Baosteel Pulls the Plug on Multi-Billion-Dollar Iron Ore Project
23 December 2015 - China’s Baosteel and its partners are mothballing a proposed US$5.4 billion iron ore project in Australia on account of market conditions, reports BloombergBusiness news service.
Tata Steel Negotiating Sale of European Long Products Business
22 December 2015 - Tata Steel is in talks with investment firm Greybull Capital to sell its European long products business, the company has announced.
Tenova Goodfellow Marks 10 Years of EFSOP Technology in Japan
21 December 2015 - Tenova Goodfellow Inc. recently celebrated the 10th anniversary of the introduction of its Expert Furnace System Optimization Process (EFSOP) technology to the Japanese steel market.
Fives Wins Contracts for Upgrades at ArcelorMittal Plants
21 December 2015 - Industrial engineering group Fives has won contracts for upgrades to ArcelorMittal facilities in China and Romania, the company has announced.
U.K. Wins Approval to Offer New Energy Subsidy
18 December 2015 - The European Commission has approved a U.K. plan to help its steelmakers cover their energy costs, reports The (London) Telegraph newspaper.
EUROFER Board Names New President
18 December 2015 - A top ArcelorMittal executive has been elected as president of EUROFER, the European Steel Association.
