World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
SAIL Commissions Second Ladle Furnace at Rourkela Steel Plant
24 August 2010 - Steel Authority of India Ltd. Chairman C.S. Verma has inaugurated the second ladle furnace of Steel Melting Shop-II at Rourkela Steel Plant. The 150-tonne ladle furnace will enhance the production capacity from the current 1.68 million tonnes per annum to 1.85 million tonnes of liquid steel per annum.
Siemens to Supply Water Treatment Plant for New Minimill in Slovakia
24 August 2010 - Slovakia Steel Mills has placed an order with Siemens to supply a water treatment plant to process water for direct and indirect cooling at the company’s new minimill in Strážské, which is designed to produce around 600,000 tonnes of structural steel per year.
World Crude Steel Production Dips 3.3% in July, Beats Year-Earlier Total
23 August 2010 - World crude steel production for the 66 countries reporting to the world steel association stood at an estimated 114.79 million tonnes in July 2010 — a 3.3% decrease from the previous month (June 2010) and an 9.6% increase vs. July 2009.
Siemens to Modernize Shanxi Taigang Stainless Hot Strip Mill
23 August 2010 - Siemens VAI Metals Technologies GmbH will modernize Taigang Group’s hot strip mill at Shanxi Taigang Stainless Steel, including upgrades to the finishing mill and laminar-cooling line.
Posco to Hire 1000 New Employees
23 August 2010 - Posco is planning to hire 1000 new hires in the second half of 2010, expanding this year’s new employment to 3500, a 44% increase over the previous year.
Tata Football Academy and Sheffield Club Partner for Training
20 August 2010 - Sheffield United Football Club has agreed to impart professional soccer training to Tata Football Academy coaches and cadets. SUFC will develop a 12-month program on coaching, fitness, and professional development.
ThyssenKrupp Nirosta Offers Internships via Initial Training Program
20 August 2010 - ThyssenKrupp Nirosta offers 16 long-term internships under its initial training program to improve the prospects of finding work for young people who have not found an apprenticeship position at the start of the training year.
Posco-Mexico, Union Agree on Work Shift Overhaul
20 August 2010 - Posco-Mexico signed a new agreement with the Confederation of Mexican Workers on a work shift revamp, which introduces two four-group shifts for its factory workers instead of the previous three shifts.
voestalpine Sales, Earnings Increase During Q1 2010/11
20 August 2010 - voestalpine’s revenue went up by 22.1% from EUR 2,093.2 million for last year’s first quarter to EUR 2,556.1 million for the first quarter of 2010/11. The operating result (EBIT) increased by about EUR 230 million—from EUR -26.3 million to EUR 203.3 million.
Mechel Implements Summer Holidays Program for Subsidiaries
19 August 2010 - Mechel OAO is continuing its tradition of corporate health rehabilitation for children of its subsidiaries’ employees. The company is providing tours to health resort facilities for the summer holidays for the seventh time.
Rio Tinto Develops Award Recognizing Science and Innovation in Australia
19 August 2010 - Rio Tinto and the Australian Museum have partnered to develop a new initiative to encourage growth and development in the commercialization of science and innovation in Australia. The $10,000 Rio Tinto Eureka Prize for Commercialization will first be awarded in 2011.
Salzgitter Group Records Pre-Tax Profit in Q2 2010
19 August 2010 - In the second quarter of 2010, the Salzgitter Group generated an operating pre-tax profit of €18.6 million (Q2 2009 recorded a loss of €96.9 million), bringing the first half of 2010 to a close with an operating profit before tax of €21.2 million.
Posco ICT to Manage African Water, Sewage Systems
18 August 2010 - Posco ICT has begun a project to establish a monitoring system for water supply and drainage networks in major cities of Equatorial Guinea, West Africa. It will supply surveillance and control equipment for newly built networks in such cities as Mongomo, Ebebiyin, and Evinayong.
Siemens to Supply Handan with Electrical Equipment for BOF Converters
18 August 2010 - Siemens Ltd. China received an order from Handan Iron & Steel Group Co. Ltd. to supply automation and drive equipment for three new BOF converters in its Handan Steel Works. The project is scheduled for completion by year end.
ThyssenKrupp CSA Recognized for Safety Practices
17 August 2010 - ThyssenKrupp CSA Siderúrgica do Atlântico has received a diploma from the Brazilian Association for the Prevention of Accidents recognizing its work involving issues of health, safety, and environment during the construction of its steel mill complex between 2007 and 2010.
Siemens to Supply Rourkela with RH Vacuum Degassing Plant
17 August 2010 - Siemens VAI Metals Technologies has received an order from SAIL to supply an RH vacuum degassing plant to the Rourkela Steel Works in the state of Orissa. The new plant, which will enable production of high-quality steel grades up to cold-rolled non-oriented types, is scheduled to come into operation by mid-2012.
BlueScope Posts Profit, Declares Dividend
17 August 2010 - BlueScope Steel reported an A$192 million profit turnaround from the previous 12 months, delivering an A$126 million net profit after tax for FY2010. Directors have declared a 5 cents-per-share fully franked final ordinary dividend.
Corus to Rebuild Blast Furnace in Wales
17 August 2010 - Corus plans to invest £185 million into the No. 4 Blast Furnace at Port Talbot steelworks. The furnace will undergo a rebuild, starting in July 2012, that will equip it with technology to improve its safety, environmental performance, and reliability.
Posco Promotes Synergy among American Units
16 August 2010 - Posco recently hosted the Synergy Conference at the Posco-America headquarters in New Jersey in an effort to form a common ground for the steelmaker’s North and South American subsidiaries.
Corus to Produce Wind Tower Components in Teesside
16 August 2010 - Corus plans to construct a new £31.5-million manufacturing plant in Teesside to produce steel foundation structures, called monopiles, used to secure offshore wind turbines to the seabed. Preliminary engineering work is under way at the Corus Redcar site.
