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

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Jindal Steel & Power to Buy CIC Energy Corp.

24 July 2012 - Coal company CIC Energy Corp., listed on the Toronto and Botswana stock exchanges and headquartered in Nassau, Bahamas, has entered into a binding merger agreement with India's Jindal Steel & Power Limited.

Ilva to Restart Hot Rolling Line in Early September

24 July 2012 - Taranto, Italy-based steel producer Ilva, part of the Riva Group, announced that its hot rolling line No. 1 will be restarted in September.

Vale Names New CFO

24 July 2012 - Vale's Chief Financial Officer Tito Martins is leaving the company and will be replaced by Luciano Siani. 

Siemens to Supply Electrical Steel Works to BMM Ispat

23 July 2012 - Indian steelmaker BMM Ispat Ltd. ordered the core systems for an electrical steel plant from Siemens VAI Metals Technologies, including an electric arc furnace specially designed for combined charging of hot metal and direct-reduced iron.

worldsteel Reports June 2012 Crude Steel Production 0.1% Lower Year-on-Year

20 July 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes in June 2012, a decrease of -0.1% compared to June 2011.

Gerdau Announces New CFO

20 July 2012 - Gerdau announced that its Executive Vice President and CFO, Osvaldo Burgos Schirmer, will retire on 31 December 2012, after 26 years of service with the company.

JSW Planning 2.3 Million Tonne Cold Rolling Complex for Automotive Steels

20 July 2012 - JSW Steel Limited plans to set up a 2.3 million tonne per annum cold rolling mill complex to manufacture high-grade automotive steel at Toranagallu in Bellary district.

China Appeals Steel Dispute Panel Report at WTO

20 July 2012 - On 20 July 2012, China filed a notice of appeal with the World Trade Organization in dispute case DS414 with the U.S. concerning “countervailing and anti-dumping duties on grain oriented flat-rolled electrical steel from the U.S."

TMK Announces First Half 2012 Operational Results

20 July 2012 - OAO TMK, one of the world’s leading oil and gas steel pipe suppliers, announced its operational results for the first half of 2012.

The Bradbury Group and Athader Announce Definitive Joint Venture

19 July 2012 - Spain's Athader, a company specializing in the design, manufacturing and assembly of technologically advanced, turkney metal coil processing lines, is the latest company to become a member of The Bradbury Group.

EVRAZ Suspends Operations at its South African Mill

19 July 2012 - EVRAZ plc announced the temporary suspension of operations at EVRAZ Highveld Steel and Vanadium in South Africa following the start of an industrial action announced by EVRAZ Highveld’s largest union NUMSA.

Abengoa to Invest $120 Million in Two Steel Dust Recycling Plants in Turkey

19 July 2012 - Abengoa, an international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, announced it will construct two plants for steel dustry recycling based in Izmir and Adana, Turkey. 

ThyssenKrupp Steel Europe Solves Its Supply Chain Puzzle with Quintiq

18 July 2012 - ThyssenKrupp Steel Europe is aiming to solve its currently problematic supply chain planning puzzle and optimize its supply chain processes with Quintiq, a specialist in advanced planning & scheduling solutions.

General Steel Subsidiary Signs Materials Sourcing and Production Agreement

18 July 2012 - General Steel Holdings, Inc. announced that its 99%-owned subsidiary, Maoming Hengda Steel Co. recently signed an agreement under which it will purchase steel billet from one company and sell rebar manufactured from this steel billet to another at a fixed markup of RMB 200 per tonne (approximately USD $31.85).

ABUL KHAIR Orders Two-Stand Compact Cold Mill from SMS Siemag

17 July 2012 - ABUL KHAIR Strip Processing, based in Bangladesh, has awarded SMS Siemag an order to supply a two-stand Compact Cold Mill (CCM®), designed for the production of ultra-thin strips and an annual production capacity of 185,000 tonnes.

Jindal Steel Terminates Contract with Bolivian Government for $2.1 Billion Investment

17 July 2012 - Jindal Steel Bolivia terminated the contract signed with the Bolivian government for the investment of US$2.1 billion in the El Mutun mines.

POSCO Breaks Ground on CSP Steel Complex in Brazil

17 July 2012 - The Brazil CSP Steel Plant Complex, the largest-ever overseas steel plant construction order won by POSCO E&C of Korea, has commenced.

U.S. Commission Votes To Keep Antidumping Duties on Stainless Steel Bar

17 July 2012 - The U.S. International Trade Commission determined that revoking the existing antidumping duty orders on stainless steel bar from Brazil, India, Japan, and Spain would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

EUROFER: Weak Confidence, Cash and Credit Issues Backfire on EU Steel Demand

16 July 2012 - EUROFER’s third quarter 2012 steel market outlook signals that market fundamentals may remain depressed longer than expected. Only from the second quarter of 2013 onwards is EU steel demand forecast to improve again, the European Steel Association (EUROFER) said this week.

Tata Steel Sells 50% Stake in Dutch Recycler

16 July 2012 - Tata Steel has agreed to sell its 50% stake in Dutch ferrous and non-ferrous metals recycler HKS Scrap Metals Co. to Euro Scrap Alliance (ESA), a subsidiary of TSR of Germany, for an undisclosed sum.

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