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World

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

Latest News

Sandvik Implements Further Structural Measures, Adjusts Capacity and Costs

28 November 2012 - Global industrial group Sandvik is implementing a number of measures to adjust costs due to the weaker market demand that was experienced during the third quarter and that has persisted thus far into the fourth quarter.

Edgen Murray Expands Service Offerings with Acquisition

28 November 2012 - Edgen Group Inc. through its subsidiary, Edgen Murray Europe Limited, a leading global supplier of specialty steel products and logistics solutions for the energy and infrastructure markets, has acquired the profiling business of Eterniti Steels Limited in order to enhance its complete package offerings to customers in the U.K. and throughout Europe.

TMK Announces Q3 Results, Provides Outlook

28 November 2012 - Russia's TMK, a global producer of tubular products for the oil and gas industry, announced its financial results for the nine months ending 30 September 2012 and provided its outlook for the remainder of the year and next.

ThyssenKrupp Steel Europe and Solliance Researching Applications for New Generation of Solar Cells

28 November 2012 - ThyssenKrupp Steel Europe and Solliance are counting on a highly promising form of power generation: organic photovoltaics (OPV).

ThyssenKrupp Steel Europe and Solliance Researching Applications for New Generation of Solar Cells

28 November 2012 - ThyssenKrupp Steel Europe and Solliance are counting on a highly promising form of power generation: organic photovoltaics (OPV).

SMS Siemag to Modernize Hot Strip Mill at Baosteel

27 November 2012 - Baoshan Iron & Steel (Baosteel) has awarded SMS Siemag a contract for the modernization of its hot strip mill no. 1 in Shanghai, China. The modernization is designed to increase the production of both the hot strip mill and the continuous caster and to allow the two production stages to be more flexibly coordinated.

Italy Races to Save Ilva Plant as Workers Storm Factory

27 November 2012 - Workers stormed Europe’s biggest steel plant ILVA on Tuesday, faced with closure over allegations of an environmental disaster, as the Italian government raced to save 20,000 jobs at risk, Reuters reports.

Siemens Modernizes Billet Caster at Feralpi Calvisano

27 November 2012 - Acciaierie di Calvisano, belonging to the Feralpi Group of Italy, has commissioned Siemens Metals Technologies with the modernization of the billet caster in the Calvisano works in Italy.

Gerdau Eyeing US$336 Million in Savings Due to Electricity Price Reductions

27 November 2012 - Brazilian steelmaker Gerdau’s CEO André Gerdau Johannpeter is expecting savings of about 700 million reais (US$336 million) annually on production costs due to a reduction in the tax on electricity prices recently announced by President Dilma Rousseff, Business News Americas reported local press as saying.

Siemens Receives Order for Four Continuous Casting Lines for Major Steelmaking Project in Vietnam

26 November 2012 - Siemens Metals Technologies received an order from the Taiwanese steelmaking company Formosa Heavy Industries Co. to supply four continuous casting lines as part of the new construction of a steelmaking plant in Vung Ang, Vietnam.

Siemens Receives Order for Four Continuous Casting Lines for Major Steelmaking Project in Vietnam

26 November 2012 - Siemens Metals Technologies received an order from the Taiwanese steelmaking company Formosa Heavy Industries Co. to supply four continuous casting lines as part of the new construction of a steelmaking plant in Vung Ang, Vietnam.

Ilva Says It Faces Closure Over Steel Seizure

26 November 2012 - Italian group ILVA said it might have to close its Taranto plant after judges ordered the seizure of steel and semi-finished products as part of a corruption probe that saw several managers arrested on Monday, Reuters reported.

Metinvest Appoints New Director of Ilyich Steel

26 November 2012 - Ukraine's Metinvest announced the appointment of Yuriy Zinchenko as general director of the Ilyich Iron and Steel Works (Ilyich Steel).

Mechel Reports Temporary Suspension of Steelmaking Facilities in Romania and Ukraine

26 November 2012 - Mechel OAO reported the temporary halting of production at its Donetsk Electrometallurgical Plant (DEMZ), part of Mechel’s steel division, and a schedule for temporary suspension of production at the group’s Romanian steelmaking facilities, in both cases due to unfavorable conditions on markets of raw materials and finished steel products.

Tata Steel Restructures to Improve Competitiveness in UK

26 November 2012 - Tata Steel has announced restructuring proposals, including the restart of its No. 4 blast furnace and the loss of 900 jobs, "to improve the competitiveness of its UK operations so they can successfully perform in changing markets."

Tenova Strip Processing Receives Final Acceptance for Electrolytic Tinning Line in China

26 November 2012 - Tenova Strip Processing has successfully received the FAC (Final Acceptance Certificate) for its high-speed electrolytic tinning line in Jiangsu Dajiang Metal Material plant in China, one of the fastest in the world (550 m/min), which produces 250,000 tonnes per year of tin plate.

Chinese Pipe Producer Commissions Largest Mandrel Mill in the World

23 November 2012 - After a construction period of around two years, Jiangsu Tianhuai Steel Pipe from Jiangsu Province in Eastern China recently commissioned a new 20" PQF® tube mill supplied by SMS Meer for seamless tubes.

MMK Metalurji Halts EAF and Hot Rolling Facilities for 90 Days

22 November 2012 - MMK Metalurji announced that its EAF and hot rolling facilities in Iskenderun, Turkey, were halted for a period of up to 90 days. In the meantime, the plant’s cold rolling mill, galvanizing and color coating lines remain operational at the current high capacity levels.

Agellis Receives Order from South American Steel Plant

22 November 2012 - AGELLIS Group, which develops and sells products and solutions to the global metals industry, has received an order totaling €120,000 for a measurement system from a South American steel plant.

SSAB Awards 2012 Swedish Steel Prize to New Zealand Company

22 November 2012 - SSAB announced the Swedish Steel Prize has been awarded to A-Ward Attachments Ltd. of New Zealand, which designed a flexible system using high-strength steel which compresses and packs metallic scrap in containers.