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World

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

Latest News

ArcelorMittal Inaugurates Upgraded Pickling Line in Poland

13 January 2010 - ArcelorMittal and Tenova Strip Processing celebrate the inauguration of the company’s upgraded continuous pickling line in Krakow, Poland.

Baoji Petroleum Steel Pipe to be 1st Chinese Manufacturer of Stretch-Reduced Welded Tube

13 January 2010 - Friedrich Kocks will supply a stretch reducing block and rotating hot saw for Baoji Petroleum Steel Pipe’s new welded tube plant being constructed in Baoji, China.

Danieli, Tenova HYL to Supply Energiron DR Plant to EZZ Rolling Mills

12 January 2010 - EZZ Rolling Mills, Egypt, signs contracts with Danieli & Co. and Tenova HYL, for the turnkey supply of a 1.9 million tonnes/year ENERGIRON III direct reduction plant.

Posco TRIZ University to Open

12 January 2010 - Posco plans to open Posco TRIZ University on February 1 to enhance creative problem-solving abilities of employees. The company plans to link the education with improvement in management results.

Case Transfer for Rio Tinto Employees

12 January 2010 - Rio Tinto says the Chinese Public Security Bureau, which is investigating the four Shanghai employees detained on July 5, 2009, has transferred the case to the People's Procuratorate.

SAIL Dealers Achieve Record Sales

12 January 2010 - During the first nine months of the current financial year, the Steel Authority of India Ltd. (SAIL) dealer network achieved sales of 417,000 tonnes—a year-over-year growth of 23%—and registered double-digit growth in each of the four regions.

Changes in Tata Steel Senior Management

11 January 2010 - Tata Steel recently announced changes to its senior management, effective from April 1, 2010, including the retirements of Arun Baijal, Group Director (Global Mineral Resources), and B K Singh, Vice President (Orissa project).

Posco to Continue Global Expansion

11 January 2010 - Posco plans to build more facilities in its foreign units this year to fulfill its goal of advancing to broader overseas markets. For example, the company plans to break ground in March on a new continuous galvanizing line plant in India with an annual capacity of 400,000 tonnes.

Baosteel Leadership Training Center under Construction

11 January 2010 - Baosteel has started construction on its leadership development center in Changshu Municipality, Jiangsu Province. Major construction is expected to be completed in just under a year.

Posco to Utilize IT Innovations to Reshape Business

08 January 2010 - Posco distributes smartphones to its directors and executive officers, enabling them to perform multiple tasks such as send e-mails, pay expenses, check schedules, and even search for people. The company plans to add more functions in the future.

First Posco Smile Microcredit Bank Branch Opens

07 January 2010 - Posco has opened the first branch of Posco Smile Microcredit Bank to support low-income, low-credit households who can not get a loan from normal financial institutions.

Baosteel Listed in CSR Report Honor Roll

07 January 2010 - At the recent "Responsible Communication Creates Value—the 2nd International Conference on CSR Reporting in China," Baosteel Group Corp.'s CSR report 2008 was listed in the 2009 GoldenBee CSR Report Honor Roll.

Outokumpu Executive to Join Outotec

07 January 2010 - Pekka Erkkilä, the Executive Vice President - General Stainless and a member of Outokumpu Group's Executive Committee, will join the Executive Committee of Outotec on May 1, 2010, at the latest.

Hyundai Steel Starts Operation of No. 1 Blast Furnace

06 January 2010 - Hyundai Steel Co. has started operation of its first blast furnace, holding a furnace lighting ceremony at its new integrated steel mill in Dangjin, South Korea. No. 1 blast furnace has an annual capacity of 4 million tonnes.

Tata Steel Posts 49% Increase in Q3 Sales

06 January 2010 - For Q3 FY’10, Tata Steel's sales stood at 1,597,000 tonnes compared to 1,071,000 tonnes in the same period in FY’09, a 49% increase. Production of hot metal (+11%), crude steel (+15%), and saleable steel (+37%) all increased in Q3 compared to Q3 FY’09.

Posco to Invest 7 Trillion KRW in Green Growth

05 January 2010 - Posco announces plans to invest 7 trillion KRW in green growth sectors including synthetic natural gas, SMART nuclear reactors, wind power, fuel cell for power generation, and smart grid in support of its green growth vision of “Global Green Growth Leader”.

Posco Family Award Created

05 January 2010 - Posco creates and starts operation of the Posco Family Award, an extended version of the Posco Man of the Year to be awarded to Posco family employees.

SAIL Records Sales Increase in December

05 January 2010 - Steel Authority of India Ltd. achieves sales of 1.3 million tonnes in the domestic market during December, growth of 32% compared to December 2008.

Changes in SSAB’s Group Executive Committee

05 January 2010 - SSAB has implemented a new organization as of January 1, resulting in certain changes to its Group Executive Committee.

OJSC MMK Commissions Continuous Slab Casting Machine No. 6

04 January 2010 - OJSC Magnitogorsk Iron and Steel Works has commissioned Continuous Slab Casting Machine No. 6 in the oxygen-converter shop, marking a successive stage of Plate Mill 5000 complex development in order to produce plates for wide-diameter pipe production.

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