World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Organizational Changes Announced within the Structure and Management of EVRAZ
13 December 2012 - EVRAZ plc announced organizational changes to the company’s management structure. In order to separate functions and intensify the management of key product groups, the company will divide the Mining Division into two Divisions: the Iron Ore Division and the Coal Division.
3tn Providing Efficient Material Handling and Better Overview in Steel Service Centers
13 December 2012 - The technical warehouse management system TWMS/metals controls and visualizes transport and storage activities in the metals industry from continuous casting through to the shipment of the finished products. It optimizes the use of storage capacities across various warehouses or even plant-wide, ensuring that the means of transport, such as cranes or cross transfer systems, are efficiently used.
Electrical Engineers Help Power the Steel Industry
12 December 2012 - Electricity is the main power source behind the steel industry. In fact, a single steel plant can consume as much electricity as a large city. But there are people behind that power. These are electrical engineers.
€200 Million Modernization Project Complete at Zentralkokerei Saar in Germany
12 December 2012 - Following the construction of the new Battery 3 and its commissioning in 2010, the totally renovated Battery 1 has now also been successfully commissioned at Zentralkokerei Saar GmbH (ZKS), a joint subsidiary of AG der Dillinger Hüttenwerke and Saarstahl AG, in Germany.
ArcelorMittal Tubular Products Ostrava Names New CEO
12 December 2012 - The new CEO of ArcelorMittal Tubular Products Ostrava with effect from 1 December is Libor Černý, who had been the CEO in ArcelorMittal Distribution Solutions Czech Republic (AMDS CR).
Eurozone Weakness to Depress Steel for Another Year
11 December 2012 - Western European steel output is unlikely to recover in 2013 due to depressed demand levels across the eurozone. Steel volumes will probably fall by up to 3%, Fitch Ratings believes, putting pressure on producers' profitability and free cash flow generation.
ThyssenKrupp CEO Pledges New Era at Troubled Steelmaker
11 December 2012 - ThyssenKrupp chief executive Heinrich Hiesinger vowed to fix problems at Germany's biggest steelmaker after a disastrous overseas foray and corruption allegations led him to axe half his management board, Reuters reports.
Production Begins at State-of-the-Art Air Separation Unit at Cherepovets Steel Mill
11 December 2012 - ZAO Air Liquide Severstal, a joint venture between Air Liquide and OAO Severstal, has successfully launched a plant to produce industrial gases for CherMC at Cherepovets Steel Mill, part of Severstal’s Russian Steel Division. The total investment in the project has reached €50 million.
OECD Steel Committee Signals Weak Growth in Global Markets But Stronger Long-Term Prospects
10 December 2012 - The growth in global steel demand is expected to be slower in the coming decade than during the previous 10 years but longer-term prospects are nevertheless favorable, according to industry and government officials at the OECD’s Steel Committee meeting in Paris on 6-7 December 2012.
Concast Founder Irving Rossi Honored by American Metal Market
10 December 2012 - For his achievements in continuous casting technology, Irving Rossi, founder of the Swiss company Concast, has been awarded a place in the “Hall of Fame” of the American trade journal American Metal Market.
Ovako Reducing Its Workforce By More Than 200
10 December 2012 - Ovako will reduce its workforce by some 200 positions in order to improve efficiency and reduce costs in light of the current economic situation.
ThyssenKrupp May Seek Compensation for Steel Americas
10 December 2012 - ThyssenKrupp is considering demanding compensation from its former chief executive and other managers for costly investments in steel plants in Brazil and the United States, Reuters reports.
Third Siemens Continuous Slab Caster Goes Into Operation at Dragon Steel
10 December 2012 - Siemens VAI Metals Technologies put a new two-strand continuous casting plant with the capacity to produce two million tons of slabs into operation in August at the Taiwanese steelmaker Dragon Steel Co.
CME Clearing Europe Expands its Metals Offering with Two Iron Ore Contracts
10 December 2012 - CME Clearing Europe has added two new over-the-counter iron ore contracts for clearing: Iron Ore 62% CFR China Calendar Swaps and Iron Ore 62% CFR China Average Price Options.
SMS Elotherm to Provide Tailor-Made Induction Heating Technology for Ovako
07 December 2012 - SMS Elotherm has been awarded two orders for induction heating equipment by Ovako Tube and Ring AB in Hofors, Sweden.
Tata Steel Enhances Quality Control for Bar and Rod
07 December 2012 - Tata Steel has invested almost £1.5 million in new technology to improve the quality of the steel bar and wire rod output at its Rotherham and Scunthorpe works in the UK.
AIST Conducts Second International Steel Academy in Istanbul, Turkey
07 December 2012 - The Association for Iron & Steel Technology (AIST) recently completed the second AIST International Steel Academy (ISA) at The Hilton Istanbul in Istanbul, Turkey, 3–6 December 2012.
ArcelorMittal Tube Plant in Ostrava Supplies Tubes for Polish Gas Pipeline
07 December 2012 - The Czech Republic's ArcelorMittal Tubular Products Ostrava willl participate in the construction of the backbone network of gas pipelines in Poland with no less than one third of the volume of the supplies of spirally welded tubes.
Voestalpine Stahl Places Order for New Charging Car with SCHALKE
07 December 2012 - In October 2012 voestalpine Stahl AG in Austria placed an order for designing and manufacturing a new charging car with Schalker Eisenhütte.
Siderperu Launches Second Phase of Metal Operators Development Project
07 December 2012 - Siderperu, Gerdau’s operation in Peru, launched the second phase of its Metal Operators Development project in the city of Chimbote. The program is geared toward low-income workers and aims to train professionals for work in the steel industry.
