World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
World Crude Steel Production Rises 5% Year-on-Year
21 December 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 122 million tonnes in November 2012, an increase of 5.1% compared to November 2011.
Klockner & Co. Sells Eastern European Operations as Part of Its Restructuring Program
21 December 2012 - As announced, Klöckner & Co is selling its entire Eastern European operations as part of its restructuring program. Activities in the Czech Republic, Bulgaria and Romania were sold in phase one. The sale of the remaining activities in Poland and Lithuania is expected to be completed in the first quarter of 2013.
ArcelorMittal to Record Non-Cash Impairment Charge in Q4 2012
21 December 2012 - ArcelorMittal announced it expects to write down the goodwill in its European businesses by approximately US$4.3bn.
Konecranes Announces Changes in Operational Model and Group Executive Board
21 December 2012 - Konecranes is simplifying its structure as of 1 January 2013 to further improve results accountability, clarity, speed, and cost efficiency. This will also change the composition of the group executive board.
NLMK DanSteel A/S Completes Rolling Mill Revamp
21 December 2012 - NLMK DanSteel A/S, a Danish rolling mill of NLMK Europe Plates, has started production at a new 4.2 m heavy plate stand, adding new products to the company’s portfolio.
B&W is now SAMSON Materials Handling Ltd.
20 December 2012 - B&W Mechanical Handling Ltd. will evolve into SAMSON Materials Handling Ltd. as of 1 January 2013.
Tenaris Announces Building of New Threading Facility in Ecuador
20 December 2012 - Tenaris announced the construction of a new threading facility for OCTG products in the town of Machachi in Ecuador. In its first phase, the investment will have a value of approximately US$15 million.
voestalpine Group Outlines Group Strategy Through 2020
20 December 2012 - The exchange-listed voestalpine Group has set ambitious goals up to the year 2020: With a clear focus on the customer segments Mobility and Energy and on non-European growth markets, and with profitability remaining at virtually at the same level compared to the last few years, sales are projected to soar from the most recent € 12.1 billion to approximately € 20 billion.
SMS Meer Supplies Six High-Speed Machines to Huitong Jincheng
20 December 2012 - The Chinese company Huitong Jincheng Precision Metal Manufacturing near Shanghai has ordered six drawing machines from SMS Meer – two with integrated chamfering machines. With these machines, Huitong Jincheng aims to meet the high demand for bright steel products in China.
EMPCO Commissions Two Newly Developed EAF Probes at Hyundai Steel
19 December 2012 - KOREA EMPCO (CANADA) LTD has successfully commissioned two fully mechanized, remotely controlled probe apparatus, named wSCORPIO™, at Hyundai Steel in Korea.
Italy Lower House Approves Plan to Save Ilva Plant
19 December 2012 - Italy's lower house of parliament on Wednesday approved legislation to keep the troubled ILVA steel plant going during a two-year clean-up to resolve environmental concerns.
Mechel Announces Management Changes at Izhstal OAO
19 December 2012 - Mechel OAO, a leading Russian mining and metals company, announced the appointment of a new managing director of Izhstal OAO (Izhstal), part of the Mechel Group.
SMS Meer Providing Second Bright Steel Center for Stahl Judenburg
19 December 2012 - Stainless steel specialist Stahl Judenburg of Austria has placed a second order with SMS Meer for the production and supply of a BC50 bright steel center.
DMKD to Improve Ironmaking Performance by Applying Pulverized Coal Injection
18 December 2012 - DMKD awarded Paul Wurth S.A. with orders for engineering and supply of coal grinding, drying and injection plants for their blast furnaces operated at DMKD’s Dneprodzerzhinsk works in Ukraine.
Two Baosteel Workers Die in Accident
18 December 2012 - Two workers died and another 13 were injured Monday after a 270-ton ladle of molten metal tipped over at a Shanghai Baosteel Group Corp plant in Baoshan district, GlobalTimes.cn reported.
Fives Strengthens Its Steel Portfolio With French Acquisition
17 December 2012 - Fives' latest acquisition of the French company KEODS strengthens its steel portfolio with the addition of proven sophisticated expertise, notably focused on carbon flat products for the automotive industry.
Tata Steel Appoints New Chairman
17 December 2012 - The Tata Steel Board of Directors announced the appointment of Mr. Cyrus P. Mistry as the chairman of the board with effect from 28 December 2012, as R. N. Tata will retire on that date.
JSW Steel and JFE Sign Agreement for Electrical Steel Technology
17 December 2012 - India’s JSW Steel Ltd and Japan’s JFE Steel Corporation have signed an agreement where JFE will provide technology for the production of non-oriented electrical steel sheets (CRNGO) at the JSW’s Vijayanagar plant in Karnataka.
SMS Group Finalizes Acquisition of Majority Share in Paul Wurth
17 December 2012 - The SMS group finalized its takeover of the majority share in Paul Wurth on 17 December 2012.
SMS Mevac to Design a VIM Furnace for Tata Steel Speciality Steels
14 December 2012 - Tata Steel Speciality Steels, UK, has chosen SMS Mevac, Germany, to design a VIM X-eed® vacuum induction melting furnace for its Stocksbridge site. The facility will produce high-purity steels and specialist alloys for the aerospace industry.
