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World

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

Latest News

Tata Steel Reports Increased Sales, Production Volumes for May 2009

08 June 2009 - Tata Steel reports significant increases in hot metal, crude steel and saleable steel production for the month of May as compared to May 2008.

NLMK Announces New Director for Long Products and Hardware

05 June 2009 - Novolipetsk Steel announces the appointment of Olga Naumova to the newly created position of Director for Long Products and Hardware.

POSTEEL Establishes New Joint Venture in Singapore

05 June 2009 - POSTEEL is forming POS-SEA, a new Singapore-based joint-venture sales agent, with Singapore-based HG-Metal and global steel trader Novo Group.

Tata Steel Kicks Off Green Month at West Bokaro Division

04 June 2009 - Tata Steel is gearing up for the observation of World Environment Day this Friday, June 5, kicking off a month of environment-focused activities involving employees, citizens and schoolchildren.

MMK Completes Acquisition of Russia’s Largest Scrap Collector and Processor

04 June 2009 - The Magnitogorsk Iron and Steel Works OJSC acquires 99.99% of ZAO “Profit”, Russia’s largest metal scrap collector and processor.

ArcelorMittal South Africa Launches Preferential Procurement Initiative

03 June 2009 - ArcelorMittal South Africa launches a three-year, R30 million preferential procurement initiative designed to support sustainable development in the communities in which it operates.

ArcelorMittal Ostrava Announces New Director General

03 June 2009 - ArcelorMittal Ostrava announces the nomination of Augustine Kochuparampil as the company’s new Director General, filling the position of Sanjay Samaddar, who has been nominated to the position of CEO–Flat Carbon Europe Business Division East and CEO–ArcelorMittal Poland.

ThyssenKrupp Mourns the Loss of Erich W. Heine, Claus-Peter Hellhammer

03 June 2009 - ThyssenKrupp Steel mourns the loss of ThyssenKrupp Steel AG Executive Board member Erich Walter Heine and ThyssenKrupp Steel employee Claus-Peter Hellhammer, both of whom were aboard the Air France aircraft that crashed over the Atlantic on Monday.

OAO Severstal Appoints CEO of Severstal Resources

02 June 2009 - OAO Severstal announces the appointment of Alexander Grubman as CEO of its Severstal Resources division.

ArcelorMittal Extends Port Agreement with Adriana

02 June 2009 - Adriana Resources and ArcelorMittal agree to amend their current Port Agreement.

ThyssenKrupp Executive Reported on Board Missing Air France Flight

02 June 2009 - ThyssenKrupp executive Erich Walter Heine is reported to be among the passengers aboard Air France Flight 447, which disappeared over the Atlantic Ocean on Monday, June 1.

Siemens to Modernize Hoesch Hohenlimburg Medium Strip Mill

01 June 2009 - Siemens VAI Metals Technologies will modernize Hoesch Hohenlimburg's medium-strip rolling mill, including renewal of the mill’s basic and process automation systems and the roughing stand’s servo-hydraulic control equipment.

Tata Steel UK Receives Lenders’ Consent to Reset Debt Covenants

01 June 2009 - Tata Steel UK receives Lenders’ approval to reset the covenants in its £3.7-billion acquisition-related senior debt facility with no increase in interest costs and additional financing.

Posco Opens New Processing Center in Japan

01 June 2009 - Posco opens a second Posco-Japan Kyushu Processing Center plant in Kyushu, Japan, that is expected to offer logistics services for a maximum of 400,000 tonnes of steel products per year.

Baosteel Puts Fourth Can Line into Production

01 June 2009 - Baosteel Group starts up Foshan Tin-Making Corporation, the Group’s fourth domestic seamless tin facility.

ArcelorMittal Kryviy Rih to Implement Shortened Workweeks

01 June 2009 - ArcelorMittal Kryviy Rih announces plans to reduce salary costs by implementing a reduced, three-day workweek.

Posco-Vietnam Nears Completion of Cold-Rolling Plant

29 May 2009 - Posco-Vietnam is in the final stage of construction of a cold-rolling plant near Ho Chi Minh City in southern Vietnam.

SAIL Takes Measures to Preserve Sliding Q4 Profits

29 May 2009 - SAIL reports a 37% decrease in profit for the fourth quarter of fiscal year 2008-09 vs. the year-ago fourth quarter.

ArcelorMittal Grants Acceptance Certificate for Silicon Steel Coating Line from Tenova

29 May 2009 - Tenova Strip Processing receives acceptance certificate from ArcelorMittal for the new magnesium coating line Tenova installed at the company’s Valcovny Plechu plant in the Czech Republic.

ArcelorMittal Announces EUR 2.5 Billion Bond Issue

28 May 2009 - ArcelorMittal completes pricing of two series of EUR-denominated notes for an aggregate principal amount of EUR 2.5 billion.

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