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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
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.
ArcelorMittal Ostrava Reducing Lime Dust Emissions By 100 Tons Per Year
12 February 2013 - ArcelorMittal Ostrava has invested in reducing dust emissions and the improvement of working conditions at its steel plant, completing the installation of equipment for the dedusting of lime routes.
Tata Steel Restarts Port Talbot Blast Furnace
12 February 2013 - Tata Steel has restarted its second blast furnace at the Port Talbot steelworks in the UK following the completion of a £185 million rebuilding project.
Tenova Goodfellow Launches Breakthrough Water Detection Technology for the EAF
12 February 2013 - Tenova Goodfellow Inc. has developed breakthrough water detection technology that combines continuous and reliable EAF off-gas analysis for both H20 vapor and H2 together with proprietary software that provides EAF operators with three distinct real-time alerts indicating the likelihood of a water leak.
SSAB Announces 2012 Results and 2013 Outlook
11 February 2013 - As SSAB reported its results for 2012, CEO Martin Lindqvist commented on market conditions and expectations for the coming year, noting that the weak trend in order inflow pertains particularly to the European market, but North American and Asian customers also adopting a wait-and-see approach.
ThyssenKrupp Steel Europe Institutes Optimization Program, Cost-Cutting Measures
11 February 2013 - ThyssenKrupp Steel Europe plans to implement cost-cutting initiatives, including reducing its workforce by over 2,000 emploees, as all of ThyssenKrupp's business areas are being required to contribute towards increasing efficiency and gaining an edge in terms of profitability.
ThyssenKrupp Steel Americas Bidders Team Up, Sources Say
11 February 2013 - Bidders competing for ThyssenKrupp AG's loss-making U.S. and Brazilian steel mills are teaming up in an effort to make the investment more digestible, according to people familiar with the transaction, Reuters reports.
Ruukki Studying New Grades of Iron Pellets with Severstal
11 February 2013 - Ruukki Metals has initiated cooperation with Russian PJSC Karelsky Okatysh, a fully-owned subsidiary of the Severstal Group, to develop new grades of iron pellets.
Nippon Steel & Sumitomo Metal Receives 2012 Top 100 Global Innovator Award
08 February 2013 - Nippon Steel & Sumitomo Metal Corporation (NSSMC) has received a Thomson Reuters 2012 Top 100 Global Innovator Award, which honors the world’s top 100 most innovative corporations and institutions.
ArcelorMittal Liberia Announces Scholarship Winners
08 February 2013 - Five young Liberians have been awarded the ArcelorMittal Liberia Advanced Studies Scholarship Programme, with three recipients starting their studies last month.
Tata Steel Upgrades Research Facility to Develop Ultra-High Strength Auto Steels
07 February 2013 - Tata Steel Europe has started up an advanced facility in the Netherlands to develop crash-resistant steels designed to make cars safer and more fuel-efficient.
Spraying Systems Co. Expands MFP FullJet Full Cone Nozzle Line
07 February 2013 - Spraying Systems Co. has expanded the MFP (Maximum Free Passage) FullJet full cone nozzle line to include 1-1/2″, 2″, 2-1/2″ and 3″ sizes for applications with flow rates up to 705 gpm (2670 lpm) and 80 psi (6 bar).
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