Open / Close Advertisement

World

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

Latest News

Goldman Boosts Iron Ore View as 'Oversupply' Two Years Away

16 January 2013 - Iron ore will see another year of “exceptional prices” before supplies start to outpace demand, Goldman Sachs Group Inc. said as it increased its forecast for the seaborne commodity used in steel, Bloomberg reports.

ATI 2003® Lean Duplex Alloy Selected for North Sea Project

15 January 2013 - Allegheny Technologies Inc. announced that ATI 2003® lean duplex stainless was chosen over 316L stainless and coated carbon steel for topside secondary and outfitting structural components on a major offshore project in the Norwegian North Sea.

RHI to Purchase Stake in Indian Orient Refractories

15 January 2013 - A wholly-owned affiliate of RHI AG signed a share purchase agreement to acquire 43.6% of the share capital of Orient Refractories Ltd., an Indian producer of special refractories and monolithics.

Chinese Stainless Steel Producer Orders Rolling Mill from SMS Meer

14 January 2013 - FuJian WuHang Stainless Steel from ChangLe City, FuJian Province, China, has placed an order with SMS Meer for the supply of the core technologies for construction of a new stainless steel rolling mill for the production of wire rod and bar in coils.

BlueScope Announces Production Changes at its Western Port Australia Plant

14 January 2013 - BlueScope Steel announced its intention to reconfigure its Australian cold rolling, metal coated and painted steel production. This change will reduce production levels at its Western Port facility and provide significant cost savings.

Rising New Energy Contracts Tenova Core for Carbon Baking Furnaces

14 January 2013 - Tenova Core has been contracted by Rising New Energy, for the design and supply of three car bottom type carbon baking furnaces for installation at the Rising New Energy plant located in the Xingwangiao Industrial Area, Inner Mongolia, China.

Klöckner & Co. Apoints New Member to Its Management Board

11 January 2013 - The Supervisory Board of Klöckner & Co SE has appointed Karsten Lork as a member of the company's Management Board with responsibility for Europe and Asia.

ArcelorMittal to Restart Blast Furnace in France

11 January 2013 - Steel titan ArcelorMittal said Wednesday it's restarting one of its blast furnaces at a steel plant in Dunkerque, northern France due to a slight increase in demand from its customers, according to a MarketWatch.com report.

Outotec to Deliver Gas Cleaning Plant for LKAB in Sweden

10 January 2013 - Outotec has agreed with Luossavaara-Kiirunavaara AB (LKAB) on the design and turnkey delivery of a gas cleaning plant to LKAB's iron ore pellet plant in Malmberget, Sweden.

ArcelorMittal to Restart Blast Furnace at Spanish Steel Plant

10 January 2013 - ArcelorMittal, the world's largest steelmaker, will restart blast furnace B at its Gijón plant in Spain on Jan. 15 after a six-month shutdown for maintenance works amid weak market conditions, the company said on Wednesday, Reuters reported.

Rio de Janeiro Orders ThyssenKrupp CSA to Halt Operations

09 January 2013 - The municipality of Rio de Janeiro, Brazil's second-largest city, ordered steel slab mill Cia Siderúrgica do Atlántico SA to halt operations, alleging it does not have an operating license, Reuters reports.

Vallourec Pursues Its Long Term Collaboration with Petrobas in Brazil

09 January 2013 - Vallourec’s Brazilian subsidiary V & M do BRASIL and Petrobras have signed a 5-year-contract to supply Petrobras’ operations with premium OCTG products, including seamless pipes, steel grades and connections using state-of-the art technology.

ThyssenKrupp Steel Europe Announces New Management Team

09 January 2013 - ThyssenKrupp Steel Europe AG has announced a new management team.

SSAB Announces Change in Group Executive Committee

09 January 2013 - SSAB’s chief technical officer KG Ramström is to leave his position. Work on recruiting a successor has already begun.

Aperam Fire to Benefit Other EU Stainless Steel Makers

08 January 2013 - A fire affecting output at a French Aperam stainless steel plant will benefit Outokumpu and other European producers and will put upward pressure on European prices in the next few months, market players said this week, Reuters reports.

Nominations Open for First Platts Global Metals Awards

08 January 2013 - Nominations are now being accepted for the inaugural 2013 Platts Global Metals Awards which recognize corporate and individual excellence in nearly a dozen performance categories, including industry leadership, innovative technology, and lifetime achievement, among others.

TMS International Announces New Contracts Totaling More Than US$266 Million

07 January 2013 - TMS International Corp., the parent company of Tube City IMS Corporation, a leading provider of outsourced industrial services to steel mills globally, announced that it has secured new mill services contracts totaling more than US$266 million in revenue over the life of the contracts.

Fives DMS Achieves New Cold Rolling Mill Speed Record at TISCO

07 January 2013 - This summer, Fives DMS commissioned a cold rolling mill for TISCO at its plant in Taiyuan, China, that was able to achieve a maximum speed of 1,200 meters per minute for cold rolling stainless steel. This pulverizes the previous world record, which stood at 1,000 m/min.

Konecranes' Business Area Equipment to Reallocate Resources to Emerging Markets

03 January 2013 - As a result of new equipment demand moving towards emerging markets, Konecranes Business Area Equipment has initiated actions to align operations closer to customers.

VSP Begins Work on Blast Furnace Gas-Based Captive Power Plant

03 January 2013 - The Visakhapatnam Steel Plant (VSP) in India today commenced the structural erection work, equipment erection of boiler and other civil works at the '120 MW Blast Furnace gas-based Captive Power Plant-II," the Economic Times reports.

Page 242 of 486