World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
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.
Outokumpu, Ruukki Affected by Stevedores Strike in Finland
09 March 2010 - Outokumpu reports that the strike of the Finnish stevedores has started to impact its operations in Röyttä harbor in Tornio. At Ruukki, the strike will initially affect the transportation of steel products for export, which will be evident in longer delivery times.
JSW Posts 69% Growth in Crude Steel Production
09 March 2010 - JSW Steel Ltd. reported crude steel production of 502,000 tonnes for February 2010 compared to 297,000 tonnes in the corresponding month last fiscal year, up 69%.
Nippon Steel Invests in Malaysian Steel Sheet Manufacturing Firm
09 March 2010 - Nippon Steel Corp. has reached an agreement with Yung Kong Galvanizing Industries Berhad (YKGI) to subscribe for redeemable convertible preference shares, which will be newly issued by YKGI around June 2010.
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