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World

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

Latest News

ArcelorMittal Confirms Covenant Discussions

09 July 2009 - ArcelorMittal confirms that it is in advanced discussions with its principal bankers regarding possible changes to the financial leverage covenant in its main banking facilities.

OAO Severstal Introduces New Corporate Brand, New Website

08 July 2009 - OAO Severstal introduces a new corporate brand identity and launches an updated corporate website reflecting the company’s global nature and industry leadership.

Baosteel Receives First Order for Automotive Super High Strength Steel

08 July 2009 - Baosteel signs contract with a northern automaker for the purchase of super high strength steel with 1200-Mpa tensile strength for the manufacture of automotive components.

Tata Steel Reports 21% Increase in Crude Steel Production for June

08 July 2009 - Tata Steel reports 16% increase in hot metal production, 21% increase in crude steel production, and 38% increase in saleable steel production in June 2009 as compared to June 2008.

SMS Siemag Commissions ARCCESS EAF for OMZ

07 July 2009 - SMS Siemag commissions a 120-tonne ARCCESS electric arc furnace for OMZ, Uralmash-Izhora Group, Russia.

Potential Customers Express Interest in Product from New MMK Plate Mill

07 July 2009 - Representatives of OJSC MMK met in Saint Petersburg with specialists and potential customers during an event sponsored by FSUE Central Research Institute of Structural Material Prometey.

Vale to Offer Two Series of Mandatorily Convertible Notes

07 July 2009 - Vale SA announces plans to offer two series of mandatorily convertible notes due 2012 through its wholly-owned subsidiary, Vale Capital II.

Ruukki to Reorganize Mo i Rana Plant, Shift Focus to Wind Energy

06 July 2009 - Ruukki Engineering announces plans to reorganize its operations at its Mo i Rana plant in Norway due to weak demand in the shipbuilding industry.

Vallourec Increases Shareholding in PT Citra Tubindo Tbk

06 July 2009 - Vallourec increases its strategic shareholding in PT Citra Tubindo Tbk, a leading provider of premium OCTG connections in Indonesia.

ArcelorMittal Kryviy Rih Restarts Blast Furnace No. 9

06 July 2009 - ArcelorMittal Kryviy Rih announces its Blast Furnace No. 9 has been blown in, after being shut down for repairs since November 7, 2008.

JSW Steel Reports 45% Growth in Q1 Crude Steel Production

06 July 2009 - JSW Steel reports 45% growth in crude steel production in the first quarter of FY 2009-10, with the increase due primarily to the recent expansion at Vijayanagar works.

Vale Analyzes Possibility of Increasing its Stake in CSA Steel Project

06 July 2009 - Under invitation from Thyssenkrupp, Vale is discussing the possibility of buying an additional stake in Thyssenkrupp CSA Siderúrgica do Atlântico in Brazil.

Aker Wirth Adopts New Name, New Identity

03 July 2009 - Wirth Maschinen- und Bohrgeräte-Fabrik GmbH changes its name to Aker Wirth GmbH, reflecting its change of ownership earlier this year when it became a fully controlled subsidiary of Aker Solutions.

ThyssenKrupp Stainless Reorganizes to Create High-Performance Materials Unit

03 July 2009 - ThyssenKrupp Stainless is reorganizing its titanium business as it creates a high-performance materials unit under the leadership of ThyssenKrupp VDM.

SMS Siemag to Modernize Thick Slab Caster for Dillinger Hütte

02 July 2009 - Dillinger Hütte places order with SMS Siemag to modernize its thick slab caster No. 5 at Steelplant Dillingen.

Tenova Commissions New Furnaces for GTS Industries, Salzgitter Flachstahl

02 July 2009 - Tenova Italimpianti Deutschland commissions new furnaces for the GTS Industries plate mill in Dunkerque and the Salzgitter Flachstahl hot strip mill in Germany.

Sumitomo Metals Dissolves its Engineering Company

01 July 2009 - Sumitomo Metal Industries announces plans to dissolve its Engineering Company as part of the company’s ongoing organizational reform.

SMS Siemag to Provide Heavy Dividing Shear Line for LY Steel

01 July 2009 - SMS Siemag will supply a heavy dividing shear line for Lian Yuan Iron and Steel Group capable of cutting and leveling high strength materials into high quality plate.

Baosteel Introduces Anti-Bacteria Stainless Steel Products

01 July 2009 - Baosteel develops a new anti-bacterial stainless steel material that has demonstrated effective performance against a range of bacteria.

Kobe Steel Opens Steel Equipment Sales Unit in India

01 July 2009 - Kobe Steel opens a new subsidiary company in West Bengal to market its steel production machinery, particularly bar and wire rod rolling mills, in India.

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