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World

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

Latest News

Praxair and Midrex Sign Strategic Alliance to Commercialize Technology to Produce DRI Using Alternative Fuels

19 June 2012 - Praxair, Inc. and Midrex Technologies Inc. have signed an alliance agreement to develop and market new process technology for the production of DRI with a variety of fuels such as coke oven gas.

NanoSteel Announces Breakthrough in Steel Design for Automotive Light-Weighting

19 June 2012 - The NanoSteel® Company announced the development of new advanced high-strength steels with exceptional combinations of strength and ductility for automotive structures.

Tata Steel Proposes Increasing Stake in Tinplate Subsidiary

19 June 2012 - Indian steelmaker Tata Steel proposed increasing its stake in its subsidiary the Tinplate Company of India Ltd.by up to 14%.

Tata Steel Selects CA Technologies to Help Accelerate Innovation of New Steel Solutions

19 June 2012 - Tata Steel has chosen CA Technologies to help accelerate the innovation of new steel solutions to drive top-line growth.

Praxair and Midrex Sign Strategic Alliance to Commercialize Technology to Produce DRI Using Alternative Fuels

19 June 2012 - Praxair, Inc. and Midrex Technologies Inc. have signed an alliance agreement to develop and market new process technology for the production of DRI with a variety of fuels such as coke oven gas.

Arvedi ESP Process Permits Direct Production of Pipeline Steels

18 June 2012 - Ultra-thin hot strips rolled at the ESP line installed by Siemens at Acciaieria Arvedia SpA in Cremona, Italy, now meet the requirements for API grades up to X70.

AK Steel Applauds WTO Decision That Chinese Duties Were Unjustified

18 June 2012 - AK Steel applauded the decision of a dispute settlement panel at the World Trade Organization that China had no legal basis to impose antidumping and countervailing duties on imports of grain oriented electrical steel from the U.S. beginning in December 2009.

GE to Supply Japan’s JFE Steel Co. with Multi-Fuel, On-Site Power Solution at Chiba Steel Mill

18 June 2012 - GE is supplying Japan steel producer JFE Steel Co. Ltd. with a heavy duty Frame 9E gas turbine system for an innovative steel gas-to-energy recovery project at the company’s East Japan Iron Works in Chiba City, located in the Keiyo (Tokyo-Chiba) Industrial Park east of Tokyo.

Thailand Drafts Law to Shut Mills Producing Substandard Steel

18 June 2012 - The Council of Ministers of Thailand approved a draft bill this past week that will allow the country's Ministry of Industry to shut mills that produce substandard steel. The new law will stipulate the type of raw materials to be used and ensure that the quality of products made in mills are in accordance with law.

Chengdu Plate Co. Develops Production of Thicker HDG Plate

18 June 2012 - Chinese steelmaker Chengdu Plate Co. announced it has developed production of 2.3 x 1250 mm hot-dip galvanized (HDG) plate.

Bekaert and Xinsteel Break Ground for New Plant in China

18 June 2012 - On May 28, Bekaert and Xinsteel broke ground for a new wire production plant in Xinyu, Jiangxi Province, China.

Kingland Pipe Orders Spiral Pipe Welding Line

18 June 2012 - China's Zhejiang Kingland Pipe Industry awarded PWS, an SMS Meer company, a contract for the supply of off-line spiral pipe welding equipment.

Hyundai Steel to Start Construction of No. 2 Steel Plate Plant in July

15 June 2012 - South Korean Hyundai Steel plans to start the construction of its No. 2 steel plate plants in July 2012.

ArcelorMittal Commissions New Ladle Shop in Polish Facility

15 June 2012 - ArcelorMittal Poland has commissioned two new investments at its unit in Dąbrowa Górnicza – a Pulverized Coal Injection (PCI) into blast furnace No. 2 and a modernized sinter belt.

Commercial Metals Company Announces Sale Of Certain Croatian Pipe Mill Assets

14 June 2012 - Commercial Metals Company (CMC) announced the completion of the sale to an undisclosed and unaffiliated third-party of the assets related to the welded pipe mill and seamless pipe mill of CMC's former Croatian pipe mill, CMC Sisak d.o.o., for US$6.65 million. These assets were part of the assets excluded from the sale on June 1, 2012, of CMC Sisak to Industrielle Beteiligung SA.

World Stainless Production Shrank Slightly in First Quarter

14 June 2012 - The International Stainless Steel Forum (ISSF) released preliminary data showing that stainless steel production shrank by 2.8% in the first three months of 2012. Total production was 8.6 million tonnes for the quarter, down from 8.8 million tonnes in the corresponding period of 2011. All areas showed a decrease in production in the year-on-year comparison.

Jindal May Cancel Bolivian Steel Project

14 June 2012 - India's Jindal Steel & Power (JSPL) said it was making plans to scrap a US$2.1 billion steel project in Bolivia, saying the Bolivian government had not met contract terms that include supply of natural gas for the project.

USITC Upholds Import Duties on Certain Pipe and Tube After Five-Year Sunset Review

14 June 2012 - The U.S. International Trade Commission (USITC) determined that revoking the existing countervailing duty order on certain circular welded pipe and tube from Turkey and the antidumping duty orders on these products from Brazil, India, Korea, Mexico, Taiwan, Thailand, and Turkey would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

Danieli Centro Combustion Wins Revamp Order from Vallourec

14 June 2012 - Danieli Centro Combustion has been awarded a new order from Vallourec & Mannesmann for the revamp of a tube heat treatment line.

Nucor Announces Guidance for Its Second Quarter Earnings

13 June 2012 - Nucor Corporation announced guidance for its second quarter ending June 30, 2012. Nucor expects second quarter results to be in the range of US$0.35 to $0.40 per diluted share. This performance, excluding an expected impairment charge, is somewhat below the qualitative guidance presented in its first quarter earnings release and conference call.

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