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World

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

Latest News

ArcelorMittal, Dayen to Build Rebar Plant in Northern Iraq

17 March 2010 - ArcelorMittal has announced plans to build an EAF-based rebar plant in Northern Iraq in partnership with Turkish partner Dayen.

Siemens VAI Names New Head of Long Rolling Business

17 March 2010 - Hubert Max Köbach has been named Chief Executive Officer of the Morgan Construction Co. and head of Siemens VAI Metals Technologies Long Rolling Business, replacing Philip R. Morgan on January 4, 2010. Morgan Construction was acquired by Siemens in April 2008.

NLMK Resumes Hot-Rolling Production Upgrades

17 March 2010 - NLMK Steel has resumed its upgrade of Continuous Reheating Furnace No.3. The project was launched in 2007 but was suspended due to the economic crisis.

Handan Iron & Steel Orders Combi-caster from Siemens

16 March 2010 - Siemens VAI Metals Technologies will supply a five-strand combi-caster to Handan Steel Works in China. The new plant will be capable of producing a total of 1.45 million tonnes of beam blanks and blooms per year.

Air Liquide to Build Air Separation Unit for Chinese Steel Producer

16 March 2010 - Air Liquide will invest about €40 million in Yichun, Heilongjiang Province, to supply Xilin Steel Group with oxygen, nitrogen, and argon. A 1200-tonnes-per-day Air Separation Unit will be designed and built by Air Liquide Hangzhou and is expected to be commissioned in Q1 2012.

Mechel Establishes Representative Office in China

16 March 2010 - Mechel OAO established its representative office in Chaoyang District, Beijing, on March 5 to support its business in China and cooperate on expansion in the country.

Outokumpu Restarts Operations in Röyttä Harbor in Tornio

15 March 2010 - Outokumpu announced on March 12 that the operations in Röyttä harbor in Tornio, Finland, have been restarted despite the stevedores strike. The loading and unloading of ships is being carried out with the help of subcontractors.

Danieli Supplies Equipment for “Twin” Wire Rod Mills in China

15 March 2010 - Danieli is supplying key equipment and technology for two high-speed wire rod mills, each with a capacity of 750,000 tonnes per year, under construction at Shangdong Laigang Yongfeng Steel for production of engineering and special steel wire rod in coils.

Baosteel Completes First Export Contract for Cold-rolled Stainless Steel

15 March 2010 - Coordinated by Baosteel Co., Ltd. Stainless Steel Business Unit and Baosteel America Inc., more than 120 tonnes of 304 stainless steel produced by the Baosteel Stainless Steel Cold Rolling Project mill that was recently put into production were shipped to the U.S. on March 7.

Danieli to Supply Equipment to Jianlong Group, Stefana Montirone

12 March 2010 - Jianlong Group Co., Ltd. has contracted Danieli CentroMet / Danieli Changshu Metallurgical Equipment and Service Co., Ltd. to supply a new conticaster for large-size rounds to be installed in its Chengde steel plant. Stefana Spa has also contracted Danieli for the supply of a FastCast CCM for production of billets, to be installed in its Montirone steelworks.

Siemens Supplies Equipment for Handan Bar and Wire Rod Mills

12 March 2010 - Siemens VAI Metals Technologies has received an order from Handan Iron & Steel Co. to supply mechanical equipment for a bar mill and a mill train for the wire rod mill. The project is scheduled to be completed by late 2010.

Magazine Names MMK-Atakas Finan?ing “The Deal of the Year”

12 March 2010 - MMK-Atakas project financing was selected by Trade Finance magazine as “The Deal of the Year.” According to the magazine, OJSC MMK put together a ground-breaking deal to secure financing for the MMK-Atakas flat steel making plant in Turkey.

Mechel Announces Accident at Its Chelyabinsk Metallurgical Plant

12 March 2010 - Mechel OAO halts production at the Chelyabinsk Metallurgical Plant Coke Shop #2 following a fatal gas explosion on Thursday, March 11.

SinoCoking Commences Construction of New Coking Facility

12 March 2010 - SinoCoking Coal and Coke Chemical Industries, Inc. recently broke ground on the construction of its new coking facility in Pingdingshan city, in Henan Province, China. The facility will have an anticipated maximum annual production capacity of 900,000 tonnes of coke.

Siemens Replaces LD Converters at CSN

11 March 2010 - Companhia Siderúrgica Nacional (CSN) has placed an order with Siemens for the replacement of two LD converters at its Volta Redonda location. Turnkey delivery of the converters is planned during the summer of 2011 and at the end of 2012, respectively.

Outokumpu Duplex Pipes Used by Metso for Pilot Paper Machine

11 March 2010 - Outokumpu has introduced a new comprehensive system of duplex pipes and fittings, called Outokumpu Duralite™ Piping System, to serve customers in a range of applications. Metso chose Duralite pipes in the lean duplex grade LDX 2101® to rebuild a pilot paper machine.

Ruukki Offers Strong, Weather-Resistant Structural Steel

11 March 2010 - Ruukki is launching Optim 960 QCW structural steel, a new grade that combines high strength and weather resistance. Optim 960 QCW is made using a direct quenching process developed by Ruukki and is suitable for applications such as containers, cranes, and booms.

Mechel, Gazprombank Amend Credit Facility Agreements

10 March 2010 - Mechel OAO announces prolongation of credit facilities for its subsidiaries obtained earlier from Gazprombank. According to the amendment agreements, the credit maturity extends from three years to six years.

Posco Completes Corporate Restructuring

10 March 2010 - Posco has created the Growth Investment division, integrated the Marketing and Production divisions, and established the new post of Chief Technology Officer to increase the synergy on technology independence and development.

BHP Billiton Reaches Met Coal Agreements with Customers in Europe, Asia

09 March 2010 - BHP Billiton reaches terms for a significant portion of its hard coking coal volumes for 2010, including agreements with a range of customers in Europe, China, India and Japan.