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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
SAIL Awards Contract For New Strip Mill
07 August 2015 - A consortium that includes Primetals Technologies Ltd. has won a contract to build a large hot rolled strip mill in India, Primetals has announced.
Acquisition Talks For Tata Steel Long Products Business Unsuccessful, Company Confirms
06 August 2015 - Confirming earlier reports, Tata Steel executives said that negotiations on the sale of its European long products business have broken off.
China Exports to Latin America Continue To Increase
05 August 2015 - Finished steel imports from China to Latin America rose 10 percent between the first half of 2015 and the same period last year, according to Alacero, the Latin American Steel Association.
New Steels Can Help Automakers Cut Vehicle Weight, Industry Representatives Say
05 August 2015 - Although some automobile manufacturers said they'll use a combination of materials -- steel, aluminum and carbon fiber -- to cut down weight, steel industry representatives counter that they could reach that goal just as easily by using the latest ultra-high-strength steels.
Iran Sees More Steel Production In Its Future
05 August 2015 - Iran is looking to double its steel production over the next 10 years, Mehdi Karbasian, deputy minister of Iran’s Ministry of Industries, Mines & Trade, told BloombergBusiness in an interview.
Klesch Group Ends Acquisition Talks For Tata Steel Long Products Business
04 August 2015 - A metals, chemical and oil company has withdrawn from discussions on buying Tata Steel's European long products business, according to a report in The Financial Times.
Steelmaker's European Division Reorganizes; Now Under New Management
04 August 2015 - Tata Steel's European long products division has begun operating as a standalone subsidiary and is now under new management, according to a U.K. newspaper.
Finished Steel Manufacturer Acquiring Online Services Provider
04 August 2015 - China-based Sutor Technology Group Ltd. has signed a nonbinding letter of intent to acquire a supply chain services business.
ArcelorMittal's U.S. Employees Need To Share More Of The Cost of Health Insurance, Company Says
03 August 2015 - Steel giant ArcelorMittal, which is negotiating a new labor deal with the United Steelworkers, said it needs to freeze or cut pay for some employees and require others to contribute more to the cost of their health insurance, according to the Wall Street Journal.
Steelmakers Set To Ink Deal on Technology Transfer
03 August 2015 - South Korean steelmaker Posco is expected to sign an agreement with India's Mesco Steel to transfer its Finex technology to a Mesco facility, according to the Business Standard newspaper.
China To Temporarily Pull Back On Steel Production
03 August 2015 - China's steel mills are expected to curtail production this month and in September. The reason: the government wants to curb air emissions around the time of two big public events, according to a Bloomberg report.
Crane Manufacturer Names New CEO
31 July 2015 - Panu Routila has been appointed president and CEO of Konecranes Plc. and is to begin his new duties sometime by the end of the year, the Finnish crane and hoist manufacturer has announced.
World Steel Association: Governments Must Consider Steel's Importance When Setting Carbon Policies
30 July 2015 - The World Steel Association is calling upon the world's governments to engage the industry as they develop carbon emissions policies.
Report: China Steel Exports Reaching "Extraordinary" Levels
29 July 2015 - Steel exports from China have increased to extraordinary levels as demand in the world’s largest producer slows, according to a Bloomberg report. Meanwhile, the head of India’s third-biggest mill is decrying the impact of surging competition, it said.
Grupo Simec Announces Results for the First Six Months of 2015
28 July 2015 - Grupo Simec, S.A.B. de C.V. ("Simec") announced its results of operations for the sixth-month period ended June 30, 2015.
General Steel Announces the Appointment of New Chief Executive Officer
27 July 2015 - General Steel Holdings, Inc. ("General Steel" or the "Company"), a leading non-state-owned steel producer in China, announced the appointment of Ms. Yunshan Li as its Chief Executive Officer effective immediately.
Kocks Hosts "Open Day" to Present Latest Technology
27 July 2015 - On June 15, 2015 FRIEDRICH KOCKS GmbH & Co KG, Hilden / Germany organized an "OPEN DAY" to present to the industry some of their main products at their manufacturing facilities in Bremen.
MMK Investing in New Hot-Dip Galvanizing Line
27 July 2015 - Magnitogorsk Iron and Steel Works (MMK) and the SMS group (Germany) concluded a supply contract for equipment for a new continuous galvanizing line (CGL).
Italy's Lower House Votes to Keep Ilva Steel Plant Open
27 July 2015 - Reuters reports that Prime Minister Matteo Renzi won backing in parliament on 23 July to keep open the scandal-hit Ilva steel plant against the will of local magistrates in southern Italy who say it is unsafe.
SMS group Modernizes Walking Beam Furnace of ArcelorMittal Asturias
24 July 2015 - In February 2015, SMS Meer SpA, Italy, was awarded a new contract by ArcelorMittal Asturias, Spain, for the revamping of the 150-ton/hour walking beam furnace that feeds the wire rod mill.
