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World

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

Latest News

Qatar Steel Increases Stake in South Steel to 29.74%

23 December 2011 - Qatar Steel’s Board of Directors has recently approved the company’s decision to increase its stake in South Steel of Saudi Arabia by additional 9%, to 29.74%.

Outokumpu Supplies Quarto Plate for Nuclear Fusion Research

23 December 2011 - Outokumpu has won a tender to supply 350 tonnes of quarto plates for a fusion experiment project in Japan called JT-60SA. The stainless steel plates, made out of low cobalt 304, will be used in the cylindrical section of the cryostat, which is the hull surrounding the main components of the Tokamak reactor.

Mechel Launches Coke Battery #5 at Mechel-Coke

22 December 2011 - Mechel-Coke OOO has launched the reconstructed coke-oven battery #5, with all of its eight coke-oven batteries now operational. The battery’s annual capacity is 470,000 tonnes of coke, triple the unit’s capacity before it was halted for reconstruction.

Severstal Commissions Second Color-Coating Line at Cherepovets

22 December 2011 - OAO Severstal's steel production unit, the Cherepovets Steel Mill, has commissioned its second color-coating line (CCL-2), which is designed to produce up to 200,000 tonnes per annum of coated hot-dip rolled products.

Broner to Provide MES, Scheduling Solution for Sahaviriya Steel Industries UK

22 December 2011 - Sahaviriya Steel Industries UK (SSI UK) has selected Broner Metals Solutions to provide new MES and Integrated scheduling solution for their Teesside plant over a two-phase project.

Hitachi Metals, Gloria Material to Discuss Tie-up

21 December 2011 - Hitachi Metals, Ltd. and Gloria Material Technology Corp. (GMTC) will commence discussions focusing on cooperation in production, sales, technology, and investment regarding high-grade specialty steel, and the acquisition of a portion of stocks in GMTC by Hitachi Metals.

November World Crude Steel Production Slips from Previous Month

21 December 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 115.51 million tonnes for November 2011, 6.8% lower than the 123.98 million tonnes reported for the previous month (October 2011) and 1.1% higher in comparison with November 2010.

Mechel Launches Bloom Caster at Chelyabinsk Metallurgical Plant

20 December 2011 - Mechel OAO announced the launch of the universal rolling mill’s first line, the blooming concaster #5, at Chelyabinsk Metallurgical Plant’s oxygen converter shop. The new caster has an annual capacity of 1 million tonnes.

voestalpine Re-Streamlines Group Structure

20 December 2011 - The voestalpine AG Supervisory Board announced plans to implement changes to its structure and Management Board, including the merger of its Automotive and Profilform divisions to form a single division.

Posco E&C to Construct Steel Mill for CSP

20 December 2011 - Companhia Siderúrgica do Pecém (CSP) and Posco Engineering & Construction (E&C) have signed a contract for Posco E&C to engineer, supply equipment for, construct, and commission the CSP steel mill in Ceará state. Start-up is estimated for the first half of 2015.

Tata Steel Completes 100 Years of Production with A-F Blast Furnace

19 December 2011 - Tata Steel celebrated this week the completion of 100 years of production for its A-F Blast Furnace at the company’s plant in Jamshedpur. The plant is to reach an annual capacity of 10 million tonnes in a few months when it commissions its ‘I’ Blast Furnace.

Siemens to Upgrade Automation, Controls for TKS Casting-Rolling Mill

19 December 2011 - ThyssenKrupp Steel Europe AG has placed an order with Siemens VAI Metals Technologies to upgrade the casting-rolling mill at the Duisburg-Bruckhausen location with new basic automation and technology packages.

ISRA Parsytec to Install 49th Surface Inspection System for Posco

19 December 2011 - Posco has commissioned ISRA Parsytec to install the 49th surface inspection system in a galvanizing line at its plant in Kwangyang, South Korea.

SMS Siemag Starts up X-Melt Steelworks, X-Cast Caster for Maghreb Steel

16 December 2011 - SMS Siemag successfully put into operation an X-Melt® electric steelmaking plant and an X-Cast® slab caster at Maghreb Steel in Morocco. The facilities are designed for an annual production of 1 million tonnes of steel and will supply the Steckel rolling mill and the heavy-plate mill with input stock.

Outokumpu Completes Negotiation, Cuts 200 Jobs in Finland

16 December 2011 - Outokumpu has concluded the employee negotiations that were initiated in October in Finland. The negotiations resulted in some 200 job reductions.

Japan Fair Trade Commission Okays Integration of Nippon Steel and Sumitomo Metals

15 December 2011 - Nippon Steel Corp. and Sumitomo Metal Industries, Ltd. have received from the Japan Fair Trade Commission a “Notification to the Effect that a Cease and Desist Order will not be Issued,” meaning the business integration of the two companies has been approved. The integration is scheduled to be fully executed on October 1, 2012.

Posco Founder Passes Away

15 December 2011 - Tae-Joon Park, founder of Posco, has passed away at the age of 84.

Washing Confirms High Quality of Elga Coking Coal

15 December 2011 - Mechel OAO announced that a sample lot of about 4000 tonnes of Elga’s coking coal was washed at Southern Kuzbass Coal’s Sibir plant. The concentrate has qualities that rate the Elga deposit with high-value grades of coking coals.

Magnitogorsk Announces New Appointment at MMK Metalurji

15 December 2011 - MMK Metalurji, part of the MMK Group, announced the appointment of Sergei Sulimov as Acting General Director, and the return of Yury Bodyayev, General Director of MMK Metalurji, to his previous position as Director of Production at MMK.

Posco Hot Rolling Strengthens Ties with Nippon Steel

14 December 2011 - Posco Pohang and Gwang-yang Works’ hot rolling departments recently hosted a technology exchange event with Nippon Steel Corp. to discuss ideas and experiences related to cost reduction, accident prevention, and improving product quality.

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