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World

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

Latest News

OAO Severstal Announces New Head of Investor Relations

07 July 2010 - OAO Severstal announced the appointment of Vladimir Zaluzhsky as Head of Investor Relations, replacing Dmitry Druzhinin, who has held the position since 2002.

Nippon Steel, Partners to Build Steel Pile Plant in Vietnam

07 July 2010 - Nippon Steel will soon begin construction of a new plant in Vietnam for the production of steel pipe piles and steel pipe sheet piles.

Mechel OAO Announces Structural, Management Changes

07 July 2010 - Mechel OAO announced creation of a divisional management system that will fully control operational activities within all of the company’s segments. The company also announced several executive-level changes, including the resignation of Senior Vice President Vladimir Polin.

OAO Severstal sells Controlling Interest in Lucchini to Mordashov

06 July 2010 - OAO Severstal completes the sale of 50.8% of Lucchini SpA to a company controlled by Alexey Mordashov for a consideration of one euro.

Posco to Offer On-site Visits to the Steelworks during Summer

06 July 2010 - Posco is offering a special field trip program for the summer vacation season to provide people the opportunity to have a friendly encounter with steel at both the Pohang and Gwangyang Steelworks.

Ruukki to Provide Structures to Aker Verdal for North Sea Wind Farm

06 July 2010 - Aker Verdal AS contracts Ruukki to deliver a total of 240 steel structures for the Nordsee Ost wind farm project to be built offshore from Germany in the North Sea.

Mechel Bluestone to Supply Russian Coke Plants

06 July 2010 - Mechel OAO has started shipping coal from its U.S. subsidiary, Mechel Bluestone, in order to supply its Russian coke plants with scarce grades of coking coal.

Uhde Wins Follow-Up Contract from Dragon Steel for New Coke Plant

02 July 2010 - Following the successful completion and commissioning of a coke oven plant (phase 1) for Dragon Steel of Taiwan, Uhde has been awarded a plant contract to build phase 2, which is scheduled for commissioning at the end of 2012.

Metinvest Group, Ilyich Steel Plant to Consolidate Assets

02 July 2010 - Ilyich Steel Plant and Metinvest Group decided to merge assets following talks about potential cooperation and consolidation of efforts to overcome consequences of the global financial crisis. The aggregate production potential after the consolidation will be 20 million tonnes of steel per year.

Luoyang Longding Alu Orders Process Automation Systems from Siemens

01 July 2010 - Siemens Ltd. China has received an order from Luoyang Longding Alu Co., Ltd. to supply 26 Siroll ALU TCS process automation systems for its new aluminum rolling mill. The project also includes the first order for new Siroll Heavy Duty Shapemeter flatness measurement systems.

Evraz Vitkovice Steel to Temporarily Shut Down Steel Shop

01 July 2010 - Evraz Group announces the temporary closure of the steel shop at Evraz Vitkovice Steel following failed negotiations between Evraz Vitkovice and ArcelorMittal Ostrava over prices for hot iron supplied by ArcelorMittal Ostrava.

Companies Respond to European Commission Decision on Pre-Stressed Steel Case

01 July 2010 - The European Commission has completed its investigations into dozens of companies manufacturing prestressing steel. A total of 17 European steel producers will be fined for price collusion between competitors during the years 1984-2002. The Commission ordered fines totaling €518 million for the companies involved.

Tenova I2S Commissions Mills for Samsung Precision Stainless in China

30 June 2010 - Tenova I2S has commissioned its new ZR23CN-26 20-High Cluster Mill and 2-High Skinpass Mill at Samsung Precision Stainless Steel in Pinghu, China. The company produces 300 and 400 series stainless steels.

Fitch Reports Global Steel in Recovery

29 June 2010 - Fitch Ratings expects to see demand for steel to continue on a slow and steady recovery pace over the next 12-18 months but not to reach peak levels for developed nations until 2012, according to its most recent “Worldwide Steel Outlook.”

Vallourec & Mannesmann Tubes Invests in Changzhou Hi-tech District

29 June 2010 - Vallourec & Mannesmann Tubes recently signed an agreement with the Changzhou National Hi-tech District Administrative Committee to invest USD $289 million to implement a phase II expansion project with annual production capacity of 60,000 tonnes of wide-bore, heavy-walled seamless steel piping.

Tenova I2S Rolls Out New Cluster Mill for Posco VST

29 June 2010 - Tenova I2S successfully put into service a new ZR22B-52 20-High Cluster Mill commissioned at Posco VST in Vietnam.

Essar Steel Acquires UK’s Servosteel

29 June 2010 - Essar Steel subsidiary Essar Steel International BV has acquired Servosteel (Oakside Solutions Ltd), the largest independent steel processor in the UK.

Rio Tinto Launches its Operations Centre

28 June 2010 - Rio Tinto has opened its new Operations Centre—a key part of the “Mine of the Future,” in Perth, Western Australia—after six months ramping up to full capacity. It is now the primary control center for Rio Tinto's network of mines, rail systems, infrastructure facilities, and port operations in the Pilbara.

Harsco Receives Global Safety Award

28 June 2010 - Harsco has been selected by SABIC (Saudi Basic Industries Corporation) to receive its prestigious Safety, Health and Environment Award for Global Contractors for the past year.

Posco Holds Tech Fair at Honda

28 June 2010 - Posco recently held a technology fair at Honda—the fourth such event for Japanese automakers going back to the Toyota fair in October 2009. Executives from the two companies discussed measures for mutual cooperation in technology.

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