World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Changes in Outotec’s Executive Board
28 April 2010 - Outotec has appointed Mika Saariaho, Ph.D. (Technology), as Chief Strategy Officer and member of the Executive Board as of August 1, 2010. CFO and member of the Executive Board, Vesa-Pekka Takala, is leaving after 21 years of service in Outotec's former parent company Outokumpu.
Posco Launches Comprehensive e-Learning System
27 April 2010 - Posco recently launched a comprehensive e-Learning system that employees of affiliates and overseas subsidiaries can access for learning. Employees of affiliates can access the system through each company’s intranet without a separate ID and password.
JSW Steel Launches JSW TMT Plus in Jaipur
27 April 2010 - JSW Steel recently launched JSW TMT Plus in Jaipur to become one of the first Indian primary steel producers to use the Morgan Enhanced Temperature Controlled System to produce TMT bars.
Ruukki Provides Steel Structures for New Bridge in Finland
27 April 2010 - Ruukki is responsible for the fabrication and installation of the load-bearing steel structures for the new Pekkala Bridge to be built in Joensuu, Finland, and for delivery of the large piles used for the foundations of the bridge.
SAIL Names New Director of Personnel
26 April 2010 - Bansh Bahadur Singh has recently been named Director (Personnel) of Steel Authority of India Ltd. Singh was previously Executive Director In-charge (Personnel) with additional charge of Operations, SAIL.
Siemens VAI to Supply Reducing/Sizing Mill for new Quzhou Yuanli Bar Mill
26 April 2010 - Siemens VAI will supply a new Bar Reducing/Sizing Mill for the new bar mill Quzhou Yuanli Metal Products is erecting in Quzhou City, Zhejiang Province, P.R. China.
Corus Confirms Price Hike on Reversing Mill Plate
26 April 2010 - Corus has increased transaction prices for reversing mill plate prices by £80 per tonne on all new orders from April 23. The move is in response to continued increases in raw material costs and increasing demand for steel plate, particularly in Northern Europe.
Mechel Acquires Laminorul Braila Metallurgical Plant in Romania
23 April 2010 - Mechel recently acquired 100% of the shares of Donau Commodities SRL, which holds 90.9% of the shares of Laminorul SA, a steel plant located in Braila, Romania, for a consideration of €9.4 million.
worldsteel Provides Short Range Outlook for Apparent Steel Use
22 April 2010 - The World Steel Association is forecasting that apparent steel use will increase to 1,241 million tonnes in 2010, a 10.7% increase following a 6.7% contraction in 2009.
Vallourec Acquires Serimax
22 April 2010 - Vallourec has reached an agreement to acquire 100% of Serimax, which the company says will complement its existing line pipe operations that account for about 10% of the Group’s total Oil and Gas sales. The purchase price amounts to €150 million.
Ruukki Steel Featured on Highest Aerial Platform
22 April 2010 - Ruukki's high-strength Optim 650 MC and Optim 900 steels are used for the world's highest truck-mounted aerial platform, which reaches up to a height of 112 meters. The aerial platforms are made by Bronto Skylift.
SMS Meer Commissions High-Speed Bar Mill in Syria
21 April 2010 - International Co. for Steel Rolling in Hassia, Syria, has successfully commissioned the SMS Meer-supplied bar mill, which is designed for the production of rebar with low and medium carbon content and an annual output of 300,000 tonnes in dimensions of 8 to 40 mm round.
March World Crude Steel Output More than 30% above Last Year
21 April 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 120.31 million tonnes in March 2010 — an 11.2% increase from the previous month (February 2010) and a 30.6% increase vs. March 2009.
Outotec to Deliver Technology for Bhushan Power & Steel Plant in India
20 April 2010 - Outotec has agreed with Bhushan Power & Steel Plant Ltd. on the delivery of pelletizing technology for its steel plant expansion at Jharsuguda, located in Orissa state of India. The iron ore pelletizing plant is scheduled to be commissioned in mid 2012.
ArcelorMittal Kryviy Rih CEO Named ‘Best Manager’
20 April 2010 - Jean Jouet, CEO of OJSC ArcelorMittal Kryviy Rih, was recently chosen as “best manager in the steel industry in Ukraine” according to the Top-100 rating by Investgazeta. Jouet was one of five industry leaders who shared first place.
SKF Inaugurates Wind Industry Service Center in Shanghai
19 April 2010 - The SKF Asia Pacific wind industry service center was inaugurated at the SKF Solution Factory in Shanghai on April 14, 2010. This is the third one of its kind, according to SKF, following the centers in Hamburg and Houston.
Posco’s Vietnamese Cold Rolling Mill in Full Operation
19 April 2010 - Posco-Vietnam’s cold-rolling mill produced 80,000 tonnes of cold-rolled steel products in March, with an operation rate of 80%—20% higher than projected. Since the beginning of April, the plant has been in full operation, producing 100,000 tonnes of steel.
Posco Begins Construction of Fuel Cell Stack Manufacturing Plant
16 April 2010 - Posco had a groundbreaking ceremony on April 7 for a new fuel cell stack manufacturing plant in the Pohang Young-il bay rear industrial complex. Construction is expected to be completed in December 2010.
Outotec to Reduce Employees in Finland
16 April 2010 - Outotec has concluded employee negotiations in Finland to seek alternative ways for cost saving to minimize the need for redundancies. The outcome is there will be a workforce reduction of 84 employees in Outotec's corporate management, support functions, research center, and business units in Finland, to be implemented in April 2010.
ThyssenKrupp Supplies Steel Sandwich Elements for Melbourne Stadium
16 April 2010 - ThyssenKrupp Steel Europe has supplied 25,000 square meters of Hoesch isowand vario® elements for the roof of a new sports stadium in Melbourne. Originally developed for wall and facade applications, the technology is said to be perfectly suited to the special architecture of the stadium shell.
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