World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Tata Steel Reports FY’10 Annual Production and Sales Figures
16 April 2010 - Tata Steel completed fiscal year 2010 (April-March) with a 16% increase in hot metal and crude steel production, a 20% increase in saleable steel production, and an 18% increase in sales compared to the prior fiscal year.
Kobe Steel to Set up Forged Parts Company in China
15 April 2010 - Kobe Steel, Ltd. has decided to establish a company in China to produce and market aluminum forgings for automotive suspensions. Production is expected to begin in August 2012.
Ruukki to Launch Optim 700 MC Plus High-Strength Steel
15 April 2010 - Ruukki will launch Optim 700 MC Plus, a new high-strength structural steel with improved cold-forming properties, during the Bauma 2010 trade fair in Munich.
JFE Steel Develops Wear-Resistant Head-Hardened Premium Rail
15 April 2010 - JFE Steel announces the development of SP3, a new state-of-the-art rail offering what the company claims is the world’s highest level of wear resistance for heavy-haul railway lines.
President of India Presents SCOPE Meritorious Awards to SAIL
14 April 2010 - President of India Her Excellency Smt. Pratibha Devisingh Patil recently presented two Meritorious Awards in Specialized Fields, instituted by the Standing Conference of Public Enterprises (SCOPE) to Steel Authority of India Ltd. (SAIL).
POSTECH Professor Awarded James C. McGroddy Prize
14 April 2010 - Cheong Sang-wook, chair professor at Pohang University of Science and Technology (POSTECH), recently became the first Korean awardee of the James C. McGroddy Prize for New Materials. He was recognized for his contributions in advancing the understanding and utility of multiferroic oxides.
Mechel CEO Attends Hyundai Steel Blast Furnace Commissioning
13 April 2010 - Mechel OAO CEO Igor Zyuzin participates in Hyundai Steel’s commissioning of a new 4 million tonnes/year blast furnace at the company’s steel mill in Dangjin.
OMZ Foundry Produces Large Castings for Shipbuilding Industry
13 April 2010 - Following an order by OAO Admiralty Shipyards, OMZ Foundry is producing a set of castings, with an overall weight of more than 200 tonnes, for a new polar scientific vessel. Castings of stern posts and tail posts have already been made.
BHP Billiton Enters Joint Venture for Indonesian Coal Project
13 April 2010 - BHP Billiton has recently entered into binding agreements to create a new joint venture for its Indonesian Coal Project (ICP) with a subsidiary of PT Adaro Energy TBK, which has agreed to acquire a 25% interest in the ICP joint venture. BHP Billiton holds the remaining 75%.
Ternium to Acquire Controlling Interests in Steel Companies in Colombia and Panama
12 April 2010 - Ternium S.A. has entered into a definitive agreement to acquire a 54% ownership interest in Colombia-based Ferrasa through a capital contribution of US$74.5 million. Ternium also has agreed to purchase a 54% ownership interest in Ferrasa Panamá for US$0.5 million.
Sumitomo Metals Receives ISOE Technical Award for Steel Tube Film Coating
12 April 2010 - The Information System on Occupational Exposure (ISOE) Committee awards Sumitomo Metals for its contribution in realizing the world's lowest radiation-level nuclear plant, by supplying its feed-water heater tubes that use the awarded film coating technology
Posco Named Most Competitive Steelmaker in the World
12 April 2010 - Posco won first place in the 2010 Steelmaker Competitiveness Assessment published by World Steel Dynamics, an agency specializing in the analysis of the steelmaking industry. Posco received the highest grades for core technology, pricing power, and financial soundness out of 23 criteria.
JSW Steel Reports Highest Ever Quarterly Crude Steel Production
09 April 2010 - JSW Steel Ltd. registered quarterly crude steel production of 1.6 million tonnes in Q4 FY 2010, a 66% increase over the corresponding quarter of last year and 9% sequentially.
Posco Receives Supplier of the Year Award
09 April 2010 - Posco was recently named Supplier of the Year by Shanghai General Motors for 2009. Posco formed a partnership with Shanghai GM in 2007 and has since ensured the timely supply of some hard-to-produce items.
Sumitomo Metals to Increase Production Capacity for Steam Generator Tubes
09 April 2010 - Sumitomo Metal Industries has decided to expand the production capacity at its Steel Tube Works in Amagasaki, Hyogo Prefecture for steam generator tubes to be used in pressurized-water reactor nuclear power plants. Increased production is scheduled to start in April 2013.
Siemens Receives New Order for Dry Dedusting System in China
09 April 2010 - A steel producer from Northern China has ordered a dry dedusting system from Siemens VAI Metals Technologies that is to be installed in an LD steel works. The project also includes a gas recovery system that collects and treats the converter gas for subsequent power generation.
OMZ Project Leaders Receive State Awards
08 April 2010 - Leaders who contributed to a steelmaking facility commissioned at Izhorskiye Zavody (St. Petersburg, Kolpino) in June 2009 with financial and organizational support from Gazprombank have been recognized by the President of the Russian Federation.
Galvanizing Line Commissioned at MMK-Atakas Mill in Turkey
08 April 2010 - MMK recently commissioned a continuous hot-dip galvanizing line at its MMK-Atakas mill in Turkey at Iskenderun. The facility was supplied by Danieli & C. Officine Meccaniche SpA. The designed production capacity of the unit is 450,000 tonnes per annum.
ArcelorMittal Kryviy Rih to Start Construction on First CCM
07 April 2010 - OJSC ArcelorMittal Kryviy Rih plans to begin construction of secondary metallurgy and continuous billet casting technology in April. The continuous casting machine (CCM) is a key part of the company’s modernization program and one of its investment obligations according to the sale and purchase agreement.
Mechel Establishes Mecheltrans Management OOO
07 April 2010 - Mecheltrans Management OOO started operation on April 1, 2010. Mechel OAO established the company to increase management efficiency of Mechel group’s logistic assets, including preparation of solutions for goods transportation; control over shipment schedules; and capital development.
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