World

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

Latest News

New BENTELER Steel/Tube Product Marries Seamless Tube and Machining Steel

15 November 2022 - Austria’s BENTELER STEEL/TUBE has developed seamless tubes made from free-cutting steels, an innovation it says will provide seamless tube solutions for machining companies, machine builders and manufacturers of precision workpieces.

Danieli Wraps Up Shear Rebuild

15 November 2022 - Danieli has completed a rebuild of the sidetrimming plate shear serving the Steel Authority of India (SAIL)’s BSP Bhilai plant.

LIBERTY Steel Reaches Agreement on Debt Restructuring

15 November 2022 - LIBERTY Steel Group tentatively has reached an agreement in principle to restructure its global debt, but is still trying to negotiate a plan for its European steel business, the company has said.

Lower Prices, Destocking Bite Into ArcelorMittal Q3 Profits

10 November 2022 - ArcelorMittal saw its third-quarter profits cut by more than 75% on reduced shipments and lower prices for those shipments.

Salzgitter Throttles Up New Galvanizing Line

10 November 2022 - German steelmaker Salzgitter has begun ramping up its new No. 3 hot-dip galvanizing line, a EUR200 million investment meant to help strengthen its position as a supplier of premium sheet to auto and appliance manufacturers.

Shell Acquires Biobased Lubricants Business

09 November 2022 - Shell subsidiaries in Europe and the U.S. are acquiring the environmentally considerate lubricants (ECLs) business of the PANOLIN Group, the energy company has announced.

POSCO Plate Certified for Use in Wind Towers

07 November 2022 - Standards maker Det Norske Veritas (DNV) has certified a POSCO plate steel for use in wind turbines, a decision that POSCO says will help make turbines even more environmentally friendly.

Primetals Technologies, RHI Magnesita Partner on Green Melting Tech

03 November 2022 - Plant engineer Primetals Technologies and refractories maker RHI Magnesita have developed a new melting technology designed to work with lower-grade direct reduced iron, the companies report.

ArcelorMittal to Trial Carbon Capture Tech in North America, Europe

27 October 2022 - ArcelorMittal will test out carbon capture technology at plants in Europe and North America under a newly signed agreement, the steelmaker said on Thursday.

H2 Green Steel Finds Debt Financing for Mill Project

26 October 2022 - Swedish steelmaking startup H2 Green Steel has tentatively arranged EUR3.5 billion in debt financing to support construction of its planned mill, the company reports.

Ford in Europe Signs for Low-CO2 Steel

25 October 2022 - Ford Motor Co.’s European operation has signed memorandums of understanding (MOUs) with three steelmakers to buy low-CO2 steel for its vehicles, the automaker said Tuesday.

Metso Outotec Unveils New Furnace Intended to Help Lower CO2 Intensity

25 October 2022 - Metso Outotec is launching sales of an ironmaking furnace meant to replace the classical blast furnace, offering steel producers a new option in their efforts to reduce CO2-intensity.

Primetals Technologies Signs On for Maintenance Service Contract With JSW Dolvi

21 October 2022 - The contract covers comprehensive maintenance services, including spare parts, for the new continuous slab casters at JSW Dolvi in Maharashtra, India, the equipment supplier announced yesterday.

British Steel Expands Structural Section Offerings

21 October 2022 - The company has added 71 beams and columns to its Advance® structural sections product line, which are geared toward the construction sector.

JSPL Signs MoU for 1,000 MW of Carbon-Free Energy

20 October 2022 - In line with its goal to become a net-zero steelmaker by 2035, India’s Jindal Steel & Power Ltd. (JSPL) has signed a memorandum of understanding with energy transition and decarbonization solutions firm Greenko Group to facilitate 1,000 MW of carbon-free energy for its steelmaking operations at Angul, Odisha.

War, Inflation Lead worldsteel to Revise Down Steel Demand Forecast

19 October 2022 - Global steel demand is expected to decline 2.3% this year as persistent inflation, rising interest rates and Russia’s invasion of Ukraine slow the worldwide economy, according to a new forecast from the World Steel Association (worldsteel).