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World

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

Latest News

ThyssenKrupp Nirosta Introduces Short-Time Working Due to Weak Orders

30 August 2012 - Due to continuing weak orders at ThyssenKrupp Nirosta GmbH, short-time working is being introduced from September 2012.

Krakatau Steel to Build US$400 Million Hot Strip Mill in 2013

29 August 2012 - Indonesia’s largest steelmaker, PT Krakatau Steel (KRAS), plans to spend up to US$400 million on a new hot strip mill next year as part of its expansion plan, the Jakarta Post reports.

Tubos Reunidos Orders RH Plant from SMS Mevac

29 August 2012 - Spain’s Tubos Reunidos S.L.U. has ordered a 400,000 tonne/year RH plant from Germany's SMS Mevac for the production of seamless tubes.

China Steel Corp. to Revamp CAL and Open New Service Center in China

29 August 2012 - Taiwan-based China Steel Corporation (CSC) announced the results of its Board of Directors meeting held on 27 August 2012, including decisions to revamp a continuous annealing line and establish a new service center in China.

Essar Steel Wins Global Pipe Orders Worth US$72 Million

29 August 2012 - Essar Steel has received two sizeable orders from the Middle East and Africa for manufacturing of API grade steel pipes worth Rs 400 crore (US$72 million).

TMK Ships High-Grade Line Pipes for Offshore Mining Project in Papua New Guinea

28 August 2012 - Russia's TMK has made a shipment of seamless line pipes for the Solwara 1 offshore mining project of Nautilus Minerals Inc. in the Bismark Sea off of Papua New Guinea.

Ilva to Invest €146 Million in Environmental Projects

28 August 2012 - On 25 August, the board of directors of Taranto, Italy-based steel producer Ilva approved a €146 million environmental plan, confirming its timely engagement in developing new investment projects aimed at reducing pollution in the Taranto area, SteelOrbis reports.

Timken Announces Additional Leadership Appointments

28 August 2012 - The Timken Company has appointed new leaders to the following positions: president of the company’s China business; managing director and director of manufacturing operations in India; vice president - quality advancement; and senior vice president of planning and development.

Jindal Begins Commercial Production at New Indian Plate Mill

28 August 2012 - Jindal Steel & Power Ltd (JSPL) proudly announced the commercial production of India’s widest 5.0-meter-wide plate mill in Angul, Odisha, India - part of the first phase of the 6.0 million tonnes per annum integrated steel plant there.

ThyssenKrupp Seeks $8.8 Billion for U.S., Brazil Mills: Report

28 August 2012 - German steelmaker ThyssenKrupp plans to sell its U.S. and Brazilian mills separately for at least the book value, which is about 7 billion euros ($8.8 billion), its chief executive has told German newspaper Welt am Sonntag.

RÜTGERS SEVERTAR to Complete Phase 1 Construction Work in December 2012

28 August 2012 - RÜTGERS SEVERTAR LLC will complete by December 2012 phase 1 of production facilities for the processing of coal tar based on coke production to supply premium quality chemical raw materials to international markets.

Emirates Steel Appoints First UAE National as CEO

28 August 2012 - Emirates Steel’s Board of Directors agreed to appoint engineer Saeed Ghumran Al Romaithi as the company's new Chief Executive Officer.

Severstal Launches Reconstruction of Gas-Cleaning Units at Cherepovents

27 August 2012 - OAO Severstal announced that its Cherepovets steel mill, one of the world’s largest integrated steelmaking plants and part of the Severstal Russian Steel division, has launched the reconstruction of its gas-cleaning units.

Brazil Development Bank to Lend Vale $1.9 Billion for Rail, Ports

27 August 2012 - Brazil's state development bank, BNDES, will lend 3.9 billion reais ($1.93 billion) to iron ore miner Vale SA to boost logistics capacity by 30% in the north of the country where its biggest mine is situated, Reuters reports.

Edgen Murray Expands European Presence with Norway Office and Stock Facility Opening

27 August 2012 - Edgen Group Inc., through its subsidiary, Edgen Murray, a leading global supplier of specialty steel products and logistics solutions for the energy and infrastructure sectors, is expanding its presence in Europe with the opening of a new office and stock facility in Sandnes, Norway.

Gerdau Reuses More Than 220 Billion Gallons of Water in the First Half of 2012

27 August 2012 - Gerdau, leading producer of long steel in the Americas and one of the leading suppliers of special steel in the world, has reached a world milestone by reusing 220 billion gallons of water in the first half of 2012.

Report: ThyssenKrupp Wants Plant Offers by 28 September

24 August 2012 - ThyssenKrupp AG is inviting non-binding offers of purchase by 28 September for its plants in Calvert and Brazil, according to Brazil's Valor Economico business newspaper, as reported by Dow Jones Newswire.

China Escalates U.S. Trade Row, Asks WTO to Judge Dispute

24 August 2012 - In a move that escalates a trade row with the United States, China said it would ask the World Trade Organization (WTO) to adjudicate a dispute over U.S. punitive import duties on 22 Chinese exports, including solar panels and steel products.

voestalpine Takes the Next Step in Its Expansion Strategy in the U.S.

23 August 2012 - In the next several years, voestalpine will be investing more than €100 million in new plants in China, the U.S., South Africa, Romania, and Germany as part of a comprehensive globalization strategy in the automotive sector. Now the first concrete step is being taken overseas. A production facility is being erected in the U.S., with a construction budget of €50 million.

voestalpine Steel Service Center Romania Opens For Business

23 August 2012 - A major milestone was celebrated on 23 July 2012 in Giurgiu, Romania: the start of production operations at voestalpine Steel Service Center Romania SRL.

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