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World

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

Latest News

Wuhan Baosteel Can Making to Manufacture Cans for Qingdao Beer

30 June 2011 - Baosteel Metal's Wuhan Baosteel Can Making enters the high-end beer market, winning an order for 20 million cans of Qingdao beer. The first batch of pop-top cans was recently taken off the line in Qingdao Beer's Hunan plant.

Ruukki to Supply Raex Wear-Resistant Special Steel to Caterpillar

29 June 2011 - Caterpillar has approved Ruukki's wear-resistant special steel Raex 400 in accordance with the company’s 1E1839 specification.

Azima DLI and Air Liquide Renew Predictive Maintenance Agreement

29 June 2011 - Azima DLI has expanded its predictive maintenance agreement with Air Liquide Large Industries U.S. LP that includes more than 112 facilities in the United States.

SMS Siemag to Expand Heavy-Plate Mill for Hyundai Steel

29 June 2011 - Hyundai Steel has placed an order with SMS Siemag for the expansion of its 5.0-m heavy-plate mill in Dangjin, Republic of Korea. The upgrade is expected to take place in several stages in 2013.

SAIL Recognized for Environment Management

28 June 2011 - Maharatna Steel Authority of India Ltd. (SAIL) has received the prestigious Golden Peacock Environment Management Award for 2011. The award was recently presented by Union Minister for Home Affairs Shri P. Chidambaram.

Evraz Incentivizes Conversion of 2014 Bonds

28 June 2011 - Evraz Group S.A. has successfully incentivized the conversion of US$647,800,000 in principal amount (or 99.7% of the total outstanding amount) of convertible bonds originally due in 2014 and bearing annual coupon of 7.25%.

Sumitomo Metals to Acquire Standard Steel

28 June 2011 - Sumitomo Metal Industries, Ltd. and Sumitomo Corp. have agreed to acquire Steel Wheel Acquisition Corp., the parent company of Standard Steel, Inc. in the United States, for approximately US$340 million.

Posco Named World’s Most Competitive Steelmaker

27 June 2011 - World Steel Dynamics has named Posco as the most competitive steelmaker in the world for the second consecutive year.

Bricmont to Provide Melting, Holding Furnaces for Weiqiao Aluminum and Electricity

27 June 2011 - Bricmont, Inc. has been awarded a contract to supply eight high-production-capacity round top-charge aluminum melting furnaces and eight rectangular tilting holding furnaces for Weiqiao Aluminum and Electricity Company’s new production facility.

Metinvest Holds Anniversary Meeting with Partners

24 June 2011 - Metinvest recently held a reception for representatives of Ukrainian and international business in celebration of the company’s fifth anniversary.

Daewoo International to Start Myanmar Gas Project in 2013

24 June 2011 - Daewoo International is accelerating its pace of overseas resources development, including plans to embark on its Myanmar gas project from May 2013.

JSW Awards Two Environmental Solutions Contracts to Harsco

24 June 2011 - Harsco Corp. has been awarded two major new environmental solutions contracts by JSW Steel Ltd., one of India's largest steelmakers.

Mechel Wins Subsoil License for Pionerskoye Iron Ore Deposit

23 June 2011 - Mechel OAO has won the auction for the subsoil license for Pionerskoye iron ore deposit, which has estimated reserves of 137 million tonnes of iron ore with high iron content.

Tata Steel Announces Arbitration Settlement for Teesside Cast Products

23 June 2011 - Following a partial final award, Tata Steel has reached a commercial settlement to all disputes relating to the former offtake agreements.

Courts Dismiss Export Practices Charges against Outokumpu Oyj

23 June 2011 - Finnish courts dismiss charges pressed against Outokumpu and five of its employees for alleged money laundering in connection with export practices to Russia.

Mechel, Posco Management Sign Two Agreements

23 June 2011 - A meeting between the management of Mechel and Posco on June 21 resulted in the signing of the Framework Project Agreement and the Agreement on Construction of a Permanent Shift Worker Settlement for Elga Coal Complex.

Metinvest, Air Liquide Sign Long-Term Contract

22 June 2011 - Metinvest has signed a new long-term contract with Air Liquide for the supply of oxygen, nitrogen and argon for the company’s Yenakiievo I&SW facility in the Donetsk Region.

SMS Meer Supplies Seamless Tube Plant for Hengyang Valin

22 June 2011 - At the Hunan works of Chinese tube producer Hengyang Valin Steel Tube, erection has started of the new PQF® plant supplied by SMS Meer. The mill is designed for an annual capacity of 500,000 tonnes of seamless tubes in diameters up to 180 m.

SAIL Signs MOU with Mishra Dhatu Nigam for Product Development

21 June 2011 - Maharatna Steel Authority of India Ltd. (SAIL) and Mishra Dhatu Nigam Ltd., a Government of India enterprise, signed a memorandum of understanding to explore business opportunities in production of value-added products, enhance R&D activities, exchange technical know-how, and joint investment.

Essar Steel Processing and Distribution Makes Dubai a Middle Eastern Hub

21 June 2011 - Essar Steel Processing and Distribution has commissioned a service center facility that will serve customers in the Middle East and neighboring regions. The Dubai facility has a processing capacity of 250,000 tonnes per annum.

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