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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Siemens Receives Final Acceptance Certificate for New Bar Mill from Chinese Special Steel Manufacturer Dong Bei
20 August 2012 - Chinese steel producer Dong Bei Special Steel Group Co. issued Siemens VAI Metals Technologies the final acceptance certificate for a new bar mill at their site in Dalian in the province of Liaoning.
Siemens Receives Final Acceptance Certificate for New Bar Mill from Chinese Special Steel Manufacturer Dong Bei
20 August 2012 - Chinese steel producer Dong Bei Special Steel Group Co. issued Siemens VAI Metals Technologies the final acceptance certificate for a new bar mill at their site in Dalian in the province of Liaoning.
Mukand and Sumitomo Establish Joint Venture for Longs Processing in India
17 August 2012 - India’s Mukand Limited and Japan’s Sumitomo Corporation have agreed to establish a joint venture company for the secondary processing of specialty steel long products in India. Mukand will hold a 60% interest in the company and Sumitomo will hold the remaining 40%.
Ruukki Discusses Energy Efficiency as a Business Opportunity in the Steel Industry
17 August 2012 - Companies worldwide increasingly realize and acknowledge that sustainability is not merely a necessary means for maintaining and enhancing their reputation and corporate culture, but also presents numerous opportunities for driving business. In the steel industry, it poses a business opportunity for the manufacturer, but also for the customer and end-user.
China Precision Steel Announces Resignation of Director
17 August 2012 - China Precision Steel, Inc., a niche precision steel processing company principally engaged in producing and selling high precision, cold-rolled steel products, announced the resignation of Che Kin Lui from the Board of Directors, effective 8 August 2012, due to personal reasons.
Gerdau Produces Steel Piece Weighing Over 100 Tonnes
16 August 2012 - Gerdau, at its operation in Spain, produced a steel part of over 100 tonnes for one of the largest manufacturers of industrial presses in the world.
NLMK Creates New Position of Executive Vice President
16 August 2012 - NLMK, a leading global steel company, announced the appointment of Oleg Bagrin, a Member of the Board of Directors and Chairman of the Strategic Planning Committee, to the newly created position of Executive Vice-President.
Gerdau Volunteer Olympics Benefits More than 76,000 People
16 August 2012 - With record numbers of participation of employees, the Gerdau Volunteer Olympics benefited 76,000 people this year in nine countries where the company operates.
China Gerui Advanced Materials Group Announces Second Quarter 2012 Results
15 August 2012 - China Gerui Advanced Materials Group Limited, a high precision cold rolled steel producer in China, achieved reasonable revenue and cash flow generation in the second quarter despite a weak pricing environment and challenging domestic market conditions.
Outokumpu Tornio Receives Environmental Permit Enabling Commissioning of Ferrochrome Extension
15 August 2012 - The Regional Administration of Northern Finland (PSAVI) has granted the Outokumpu Tornio site an environmental permit for its operations. The permit will enable the commissioning of the extension to the ferrochrome production capacity already under construction in the autumn of 2012 as planned.
Klöckner & Co. Reports Results for First Half of 2012
14 August 2012 - Klöckner & Co.’s turnover and sales increased sharply in the first six months of 2012, primarily from the acquisition of Macsteel Service Centers USA and strong organic growth in the U.S.
Evraz Resumes Operations of Evraz Highveld in South Africa
14 August 2012 - EVRAZ plc announced the restart of operations at EVRAZ Highveld Steel and Vanadium in South Africa which had been temporarily suspended as a result of an industrial action announced by EVRAZ Highveld’s largest union NUMSA at the end of July.
ThyssenKrupp Reports Results for First Nine Months of Fiscal Year
13 August 2012 - Low volumes and prices in ThyssenKrupp's materials business caused declines in orders from continuing operations and sales as the German company reported its earnings results for the period 1 October 2011 to 30 June 2012.
ThyssenKrupp Steel Europe Finds New Owner for Construction Activities
13 August 2012 - In October 2011, the Executive Board of ThyssenKrupp Steel Europe decided to divest the company’s business with high-quality steel products for the construction industry; a purchase and sale contract for the Construction Group has now been agreed with Kingspan.
BlueScope & Nippon Steel Establish Coated Products Joint Venture
13 August 2012 - Australia’s BlueScope and Japan’s Nippon Steel Corporation have agreed to form a new US$1.36 billion joint venture encompassing BlueScope’s ASEAN and North American building products businesses.
MMK Sells Its Stakes in OOO BRU and OOO Rudnik
13 August 2012 - MMK announces the sale of its 51% stake in OOO Bakalskoe Iron Ore Management and its 100% stake in OOO Rudnik, which owns a license for the development of the Techenskoe field.
China Gerui Advanced Materials Announces Strategic Update and Revisions to Guidance
13 August 2012 - China Gerui Advanced Materials Group Limited, a leading high precision, cold-rolled strip steel producer in China, announced that a strategic update as to its recent export activities and that it will be revising its fiscal 2012 revenue and earnings per share guidance.
Midrex Signs Agreement to Develop DRI Projects in China
13 August 2012 - Midrex Technologies, Midrex Metallurgical Services (Shanghai), and Capital Engineering and Research Incorporation Limited have signed a cooperation agreement to work together to market, develop, design, erect and commission MIDREX® Direct Reduction Plants in China.
Metso Elaborates on Acquisition of Iron Ore Pelletizing Technology from Jacobs
10 August 2012 - Metso’s Mining and Construction segment is purchasing technology and know-how from Jacobs Engineering Group, Inc. (Jacobs) for their Straight Grate Iron Ore Pelletizing technology.
Molybdenum Growth Linked to Future Demand for Stainless and Special Steels
10 August 2012 - Global demand for molybdenum bounced back from the impact of the global economic downturn, growing by just over 11% in 2010 and a further 9% in 2011 according to a new report from Roskill.
