World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
MTAG Switzerland Successfully Finishes Its 9th Vacuum Steel Degassing Project in China
01 June 2015 - In March 2015, MTAG China signed the Acceptance Test of a Turn Key Dry Mechanical Vacuum Pumping System for an RH 100T installation in Nanjing, China.
Tenaris Inaugurates Expansion Project at Cartagena Mill
01 June 2015 - Tenaris’s mill in Colombia inaugurated its expansion project in Cartagena-Bolivar following an investment of 240 million USD and including new heat treatment, threading and finishing lines.
Big River Steel Representatives Visit SMS Group in Hilchenbach, Germany
01 June 2015 - The SMS group is currently building an integrated, environment-friendly plant complex for high-grade steel products and specialty steels in the U.S.A. on the site of recently founded steel producer Big River Steel.
Usiminas to Temporarily Idle Two Blast Furnaces
29 May 2015 - Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas) informed its shareholders in a press release on 18 May of its plans to temporarily shut down two blast furnaces, the No. 1 at Cubatão Plant and the No. 1 at the Ipatinga plant, from 31 May and 4 June 2015, respectively.
Conares to Grow UAE Steel Production Capabilities
29 May 2015 - According to Construction Week Online, Conares intends to further strengthen its steel production capabilities in the UAE.
AM/NS Calvert will establish the capability to manufacture Ultra High Tensile Strength Steel with High Formability
29 May 2015 - Nippon Steel & Sumitomo Metal Corporation (NSSMC) announced that it will take measures to realize the full capabilities of AM/NS Calvert, a US based 50/50 joint venture between NSSMC and ArcelorMittal (AM), to manufacture Ultra High Tensile Strength Cold-rolled and Coated Steel sheets with High Formability by the end of 2016.
ArcelorMittal and SAIL Sign MoU on Automotive Steel Joint Venture in India
28 May 2015 - ArcelorMittal, the world’s leading steel and mining company, and the Steel Authority of India Limited (‘SAIL’), India’s leading steel company, signed a Memorandum of Understanding (‘MoU’) to set up an automotive steel manufacturing facility under a Joint Venture (‘JV’) arrangement in India.
Latin American Finished Steel Imports Grow 20% in 1Q 2015, While Production Increases Only 2%
28 May 2015 - According to Alacero, during 1Q 2015, crude steel production in Latin America decreased 2% while finished steel production grew 2% vs 1Q 2014.
Ovako Invests to Meet Demand From the Energy Sector
28 May 2015 - Ovako is investing EUR 7.5 million in Hofors to meet demand from the energy sector, particularly in wind power.
Outokumpu CEO Mika Seitovirta elected the Chairman of ISSF
27 May 2015 - The International Stainless Steel Forum (ISSF) elected Mika Seitovirta, Outokumpu CEO, as new chairman in the organization’s 19th Annual Conference in Hong Kong, China.
Outokumpu’s Stainless Steel Fuel Tank Wins ISSF New Applications Award
27 May 2015 - A stainless steel fuel tank developed by Outokumpu received the New Applications Award by ISSF (International Stainless Steel Forum) in the Best New Development Award category at the ISSF Annual Conference in Hong Kong, China.
World Crude Steel Production for April 2015
27 May 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 135 million tonnes (Mt) in April 2015, a -1.7% decrease compared to April 2014.
MMK Modernizes Its Power Facilities
26 May 2015 - OJSC Magnitogorsk Iron and Steel Works ("MMK" or “Company”) has commissioned a new turbo blowing machine (“TBM”) at the mill’s steam power plant.
SSAB Launches New Sustainability Strategy
26 May 2015 - To increase its focus on sustainability, global steel company SSAB is launching a new sustainability strategy.
Fives Showcases Successful Exhibit at AISTech 2015
26 May 2015 - Fives participated at the AISTech show, the premier technology event for the Steel industry, which took place on May 4-6, 2015 in Cleveland, Ohio, USA.
American Institute for International Steel, Inc., Eurometal — Steel Trade Study Group and the International Steel Trade Association Agree to Establish a Global Steel Supply Chain Partnership
26 May 2015 - The purpose of their agreement is to establish a Global Steel Supply Chain Partnership as a framework for collaboration among the three associations.
Fives’ New High-Flux Magnetic Induction Technology
25 May 2015 - Fives, a global industrial engineering group that designs and supplies process technologies to various industries, has developed a new generation of reheating furnace inductors with reduced operational costs and minimized NOx emissions.
Tata Steel reports Consolidated Financial Results for the Fourth Quarter and Full Year Ended March 31, 2015
25 May 2015 - Tata Steel Group (the “Company”) today declared its Consolidated Financial Results for the full year (FY’15) and fourth quarter (Q4FY’15) ended March 31, 2015.
SteelGuru: Chinese Exports to Surge as Domestic Consumption Shrinks
21 May 2015 - Anticipated slowdown in domestic steel consumption is China is likely to throw up surplus volume for export.
General Steel Reports First Quarter 2015 Financial Results
21 May 2015 - General Steel Holdings, Inc., a leading non-state-controlled steel producer in China, today announced its financial results for the first quarter ended March 31, 2015.
