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World

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

Latest News

Owner of Knauf Interfer Acquires 7.82% Stake in Klöckner & Co.

19 February 2013 - Klöckner & Co was notified that Interfer Holding GmbH, a portfolio company of the Dr. Albrecht Knauf family, acquired 7.8 million ordinary shares in Klöckner & Co SE. That represents 7.82% of the total share capital.

Tata Steel Europe Working to Prove Green Auto Technologies of the Future

19 February 2013 - A project was recently launched at Tata Steel Europe's Brinsworth site in Rotherham to help develop groundbreaking green technologies which will power the cars of the future.

Harsco Signs Multi-Year Contract with Jindal Stainless

18 February 2013 - Harsco Corp. has signed a US$100 million multi-year contract with Indian steel producer Jindal Stainless Ltd.

Severstal Vorkutinskaya Mine Resumes Production

18 February 2013 - On the morning of 15 February 2013, production restarted at Severstal’s Vorkutinskaya mine, except for one affected area that will remain suspended for 90 days.

BlueScope Steel Provides Earnings Result and Outlook

18 February 2013 - BlueScope announced a A$12 million net loss after tax for the first half FY2013 — a $518 million turnaround in financial performance compared to the first half in FY2012.

Agellis Receives Order from SMS Concast for Steel Mill in U.S.

15 February 2013 - The AGELLIS Group, which develops and sells products and solutions to the global metals industry, has received an order totaling €110,000 for measurement systems from SMS Concast.

BlueScope Steel Announces Retirement of Non-Executive Director

15 February 2013 - BlueScope Steel Limited announced that non-executive director, Ms. Diane Grady, has retired from the Board.

PSI China Wins Important Steel Contract from Chinese Steelmaker

15 February 2013 - PSI China received an order for the implementation of the production management system PSImetals at JISCO TianFeng Stainless Company.

Outokumpu Reports Negative Operating Results in Weak Market Environment

15 February 2013 - Outokumpu reported weak operational results for 2012 and says the 2013 starting point for the new Outokumpu is more challenging than anticipated due to continued weakness in the markets for stainless steel in Europe and globally.

TMK Announces New Appointments

15 February 2013 - TMK announced the appointment of Alexander Lyalkov, senior vice-president of TMK, as managing director of the Volzhsky Pipe Plant. Elena Blagova, managing director of Volzhsky Pipe Plant since 2007, shall join TMK Management Company to take responsibility for new projects.

Ovako Provides 2012 Year-End Report

14 February 2013 - European engineering steelmaker Ovako said business conditions deteriorated progressively throughout 2012 as a consequence of the macroeconomic turbulence, resulting in order intake and invoicing levels significantly lower in the second half of the year than in the first.

ArcelorMittal Florange Launches Line to Produce Extra-Wide Usibor® for the Auto Industry

14 February 2013 - Investments of more than €7 million in ArcelorMittal Florange mean that the site’s cold rolling mill now owns the first processing line in the world to produce Usibor® Alusi steel in widths of up to 1,850mm.

Outokumpu Changes Its Reporting Segments

14 February 2013 - In December 2012, Outokumpu completed the Inoxum transaction and implemented a new company structure with four business areas that provide the full range of stainless steel as well as high performance alloys.

Hot Rolled Band Prices Firming, Latest SteelBenchmarker Report Says

13 February 2013 - The bi-monthly SteelBenchmarkerTM World export HRB price for 11 February 2013 rose 2.4% to $592 per tonne, FOB the port of export, for the third consecutive time.

Severstal Expresses Condolences to Families of Vorkutinskaya Mine Accident Victims

13 February 2013 - The management of OAO Severstal and Vorkutaugol are expressing their deepest condolences to the families and friends of the miners who were tragically killed in an accident at the Vorkutinskaya mine in Russia on Monday, 11 February 2013.

Tata Steel Reports Steady Operations Despite Weak Demand

13 February 2013 - Tata Steel reported its results for the nine months and third quarter ended 31 December 2012, noting the Indian and European operations performed steadily despite overall weak steel demand.

Reuters: German Steel Industry Sees No Broad Recovery This Year

13 February 2013 - Germany's steel sector is unlikely to see a sustainable recovery this year as demand remains weak and competition in global markets intensifies, Reuters reports a trade group as saying.

Ruukki Reports A Signficant Decrease in Emissions at Its Raahe Works

13 February 2013 - Process changes and the replacement of dust removal devices significantly reduced particulate emissions in 2012 at Ruukki’s Raahe Works in Finland, in line with company targets to reduce emissions by over 80% compared to 2011.

ThyssenKrupp Profit Falls as Slowdown Cuts Demand

12 February 2013 - ThyssenKrupp AG, Germany’s biggest steelmaker, said profit slumped 38 percent in the fiscal first quarter as the global economic slowdown eroded demand, Bloomberg reports.

High-Level Roundtable Recommendations to Improve European Steel Competitiveness Announced

12 February 2013 - A high-level roundtable on steel — a platform for dialogue between industry, trade unions and the European Commission — has adopted recommendations to help create the right framework for the European steel sector to maintain its long-term competitiveness in an increasingly global context.

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