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World

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

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SMS Meer Acquires Majority Share in PWS Automatisierungs- und Elektrotechnik GmbHSMS Meer takes over a majority shareholding in PWS Automatisierungs- und Elektrotechnik GmbH, a German-based maker of equipment for the production, finishing and testing of s

12 February 2009 - SMS Meer takes over a majority shareholding in PWS Automatisierungs- und Elektrotechnik GmbH, a German-based maker of equipment for the production, finishing and testing of spiral-welded pipe.

Kobe Steel Cooperates in Investigation of Improper Campaign Contributions

12 February 2009 - Kobe Steel says it will cooperate fully with judicial authorities regarding the investigation of improper local campaign contributions at its Kakogawa Works, Takasago Works, and Chofu Works.

ArcelorMittal Reports 4th Quarter, Full Year Results

12 February 2009 - ArcelorMittal reports a net loss of $2.6 billion on sales of $22.1 billion for the fourth quarter and net income of $9.4 billion on sales of $124.9 billion for the year ended December 31, 2008.

SMS Meer Acquires Majority Share in PWS Automatisierungs- und Elektrotechnik GmbHSMS Meer takes over a majority shareholding in PWS Automatisierungs- und Elektrotechnik GmbH, a German-based maker of equipment for the production, finishing and testing of s

12 February 2009 - SMS Meer takes over a majority shareholding in PWS Automatisierungs- und Elektrotechnik GmbH, a German-based maker of equipment for the production, finishing and testing of spiral-welded pipe.

Posco Continues to Focus on Innovation, Technology Development

11 February 2009 - Posco is promoting internal technology development and cost-saving innovations at both the Pohang and Gwangyang Works despite current levels of reduced production.

Ruukki Engineering to Adjust Production in Sweden

11 February 2009 - Ruukki Engineering, Rautaruukki’s engineering division, will initiate employer-employee negotiations at its sites in Hässleholm and Oskarström in Sweden as it adjusts production in response to weakened demand.

Posco Continues to Focus on Innovation, Technology Development

11 February 2009 - Posco is promoting internal technology development and cost-saving innovations at both the Pohang and Gwangyang Works despite current levels of reduced production.

Ruukki Engineering to Adjust Production in Sweden

11 February 2009 - Ruukki Engineering, Rautaruukki’s engineering division, will initiate employer-employee negotiations at its sites in Hässleholm and Oskarström in Sweden as it adjusts production in response to weakened demand.

Essar Projects Awarded ONGC Reconstruction Contract

10 February 2009 - Essar Projects Limited is awarded ONGC’s Neelam Heera Reconstruction Contract, comprising modification and revamping of a number of offshore platforms and process complexes.

Mechel Announces Opening of Credit Facilities by Gazprombank

10 February 2009 - Mechel OAO announces the opening of credit lines totaling $1 billion by Gazprombank Open Joint-Stock Co.

Rautaruukki to Supply Steel Structures for Helsinki Bridge

10 February 2009 - Rautaruukki will supply steel structures for a new award-winning bridge that will link the headland of Jätkäsaari to Ruoholahti in Helsinki, Finland.

Essar Projects Awarded ONGC Reconstruction Contract

10 February 2009 - Essar Projects Limited is awarded ONGC’s Neelam Heera Reconstruction Contract, comprising modification and revamping of a number of offshore platforms and process complexes.

Mechel Announces Opening of Credit Facilities by Gazprombank

10 February 2009 - Mechel OAO announces the opening of credit lines totaling $1 billion by Gazprombank Open Joint-Stock Co.

Rautaruukki to Supply Steel Structures for Helsinki Bridge

10 February 2009 - Rautaruukki will supply steel structures for a new award-winning bridge that will link the headland of Jätkäsaari to Ruoholahti in Helsinki, Finland.

Sanmar Group Wins SAIL’s Golden Jubilee Quiz Bonanza

09 February 2009 - Steel Authority of India awards a team from Sanmar Group of Chennai, its Golden Jubilee Business & Management Quiz Bonanza Trophy.

Kobe Steel Revises Earnings Forecast

09 February 2009 - Kobe Steel revises its outlook based on recent trends in its operating results.

Rio Tinto Chairman-Elect Resigns from Boards

09 February 2009 - Rio Tinto announces the resignation of non-executive Director Jim Leng, who will no longer become Chairman of the Boards in April as previously announced.

Tata Steel Reports 26% Increase in Sales in January

09 February 2009 - Tata Steel reports significant increases in hot metal, crude steel and saleable steel production in January 2009 as compared to January 2008.

ArcelorMittal Denies Intention to Sell Brazilian Assets

09 February 2009 - ArcelorMittal responds to media rumors by issuing statement denying any intention to sell Brazilian operations.

Sanmar Group Wins SAIL’s Golden Jubilee Quiz Bonanza

09 February 2009 - Steel Authority of India awards a team from Sanmar Group of Chennai, its Golden Jubilee Business & Management Quiz Bonanza Trophy.

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