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

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Cliffs Finalizes Sale of Its Sonoma Coal Mine Interest

13 November 2012 - Cliffs Natural Resources Inc. announced that its wholly owned subsidiary, Cliffs Australia Coal Pty Ltd, has finalized the sale of its 45% economic interest in the Sonoma coal mine located in Queensland, Australia.

U. S. Steel Gets Approaches for Slovak Unit

12 November 2012 - Investors have expressed interest in U.S. Steel Corp’s Slovak unit because of its location, low labour costs and product portfolio, the unit said on Monday, according to a Reuters report.

SMS Meer Revamping Chinese Pipe Mill to Allow Larger Diameter Tube Production

09 November 2012 - SMS Meer received an order to revamp Anhui Tianda Oil Pipe's mill in Anhui province, China, to allow the company to produce tubes up to an outside diameter of 13 3/8".

China Slaps Anti-Dumping Tariffs on European, Japanese Steel Tubes

09 November 2012 - China said it will impose five-year anti-dumping tariffs on high-performance stainless steel tube imports from the European Union and Japan, highlighting commercial tensions between Beijing and major trading partners, Reuters reports.

EUROFER: Uncertainty Grips EU as Risks Mount and Policy Action is Delayed

09 November 2012 - EUROFER’s Q4-2012 Economic & Steel Market Outlook shows that the outlook for the EU steel market has darkened further in recent months.

Vacuum Degasser at Ural Steel Begins Industrial Production

09 November 2012 - A vacuum degasser began industrial production at the electric arc furnace shop of Russia's Ural Steel, a part of METALLOINVEST, on 2 November 2012.

Severstal Ranked Leading Russian Metals and Mining Business in Energy and Ecology Report

08 November 2012 - OAO Severstal has been ranked the most environmentally friendly Russian metals and mining company in a report by Interfax-ERA, an ecology and energy rating agency.

Wuhan Contract for Brazil Steel Mill Lapses

08 November 2012 - China’s Wuhan Iron & Steel Co no longer has a contract to build a 5-million-tonne-a-year steel mill at the Port of Açu northeast of Rio de Janeiro, LLX Logistica SA the port’s owner, told Reuters on Thursday.

Siemens Industry Sector Reports Lower Orders, Particularly in Metals Technologies Business

08 November 2012 - Although Siemens AG achieved one of the best operating results in the company’s history in fiscal 2012, the company lagged behind its own high objectives and announced plans to rereduce its costs by €6 billion, increase its competitiveness, and become faster and less bureaucratic with the help of a two-year company-wide program.

Tenaris Reports Third Quarter Results, Gives Outlook

08 November 2012 - Tenaris S.A. announced its results for the third quarter, noting increased year-on-year sales led by higher demand in North and South America, but this was offset by lowershipments to the Middle East and lower demand for industrial products in Europe, in addition to seasonal factors.

Ilva to Temporarily Lay Off Up To 2,000 Workers

08 November 2012 - Italian steel producer Ilva announced  that "due to the ongoing market crisis which started in the first quarter this year, in the next few days the company will start to implement temporary layoffs at the Taranto-based steel complex." Up to 2,000 workers will be affected by the decision and will be paid from redundancy funds, SteelOrbis reports.

Vallourec Capitalizing on Global Oil and Gas Drilling

07 November 2012 - Benefiting from growing oil and gas sales across all of the regions it serves, Vallourec announced its results for the third quarter of 2012, noting oil & gas sales are up 19% year-to-date and now represent 60% of total sales.

voestalpine Reduces Profit Projection by €100 Million

07 November 2012 - Austrian steelmaker voestalpine cut its profit projection for the year by €100 million due to "ever growing economic uncertainty" and worsening conditions over the past several months.

Ternium Reports Lower Third Quarter Shipments in Latin America Offset by Higher Shipments in North America

07 November 2012 - Latin American steelmaker Ternium reported its third quarter financial results, noting it expects steel demand in the Americas to increase next year as market conditions gradually improve in North America and in Brazil.

Ternium Reports Lower Third Quarter Shipments in Latin America Offset by Higher Shipments in North America

Klöckner Reports Continuing Struggles in Europe But Growth in U.S. Operations

07 November 2012 - Klöckner & Co. reported a net loss in the third quarter of the year, announcing further restructuring plans in light of the ongoing decline in European steel demand and the uncertain outlook. In contract to its struggles in Europe, the company made further gains in the U.S. market where it says there is still dynamic growth, among other things thanks to the completed integration of Macsteel Service Centers USA.

Outokumpu Announces the European Commission Has Approved the Inoxum Transaction

07 November 2012 - The European Commission has approved the acquisition of Inoxum by Outokumpu. The transaction makes Outokumpu the new global leader in stainless steel and high performance alloys, the company says.

Tata Steel Expands Aerospace Activities in China

07 November 2012 - Tata Steel has expanded its aerospace operations in China by opening its second aerospace service center in the country; the new facility in Xi’an complements its existing operation in Suzhou, opened in 2009, and aims to serve the growing demand for aerospace materials in the region.

European Alliance Calls for EU to Abandon Changes to Emission Trading System

06 November 2012 - The European Alliance of Energy-Intensive Industries - which includes EUROFER, the European Steel Aassociation - is urging the European Commission to abandon its plans to amend the Emission Trading System in a way that would increase energy costs for private and industrial consumers in Europe.

SMS Meer Receives Order for Gap Closing Press in Russia

06 November 2012 - Izhorsky Trubny Zavod (ITZ), part of the Severstal Group based in Kolpino near St. Petersburg, Russia, has placed an order with SMS Meer for the supply of a new gap closing press with a press force of 25 MN. The machine will be integrated into the existing 18m JCOE® large-diameter pipe mill, which SMS Meer supplied in 2006.

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