World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Evraz Announces Changes in Executive Management
21 July 2009 - Evraz Group announced the appointment of a new Senior Vice President International Operations and a new Chief Financial Officer.
Siemens VAI Starts up Vertical Slab Caster at Baosteel
21 July 2009 - Siemens VAI Metals Technologies starts up and commissions a new vertical slab caster at Baosteel's Special Steel Branch in Shanghai capable of producing a wide range of high- and ultra-high-alloyed carbon, special and stainless steel grades.
YTD09 World Steel Production Still Down 21% through June
21 July 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 99.8 million tonnes in June 2009 — 4.1% above the previous month but still 16% lower than the same month of 2008.
ArcelorMittal Receives Positive Response to Request for Covenant Amendment
20 July 2009 - ArcelorMittal announces a positive outcome to the covenant amendment request to existing lenders in the EUR17,000,000,000 Credit Facilities, the USD4,000,000,000 Revolving Credit Facility and the USD3,250,000,000 Forward Start Facility.
Severstal Restarts Blast Furnace No. 1 at Cherepovets Steel Mill
20 July 2009 - Restarting Blast Furnace No. 1 will bring iron production from Severstal’s Cherepovets Steel Mill back up to around 7.9 million tonnes per year.
Tata Steel Subsidiary Increases Stake in Riversdale Mining
17 July 2009 - Tata Steel subsidiary Tata Steel Global Minerals Holdings Pte Limited acquires additional shares in Riversdale Mining Limited, Australia.
NLMK Acquires Additional Stake in NSMMZ
17 July 2009 - Novolipetsk Steel acquires a 25% stake in NSMMZ, increasing its ownership in the company to 57%.
BlueScope to Restart No. 5 Blast Furnace at Port Kembla
17 July 2009 - BlueScope Steel announces plans to restart its newly relined No. 5 Blast Furnace at the Port Kembla Steelworks.
Severstal CEO Awarded Order of Merit of the Italian Republic
16 July 2009 - OAO Severstal Chief Executive Alexey Mordashov is presented with the Order of Merit of the Republic of Italy, Italy’s highest award.
Essar Steel to Set up Fifth Service Center in Bhuj
16 July 2009 - Essar Steel announces plans to set up a fifth service center in India at Bhuj, the company’s second such center in Gujarat state.
Mechel Reports Six Month Operations Results
16 July 2009 - Mechel OAO reports the production of 1.397 million tonnes of steel in the second quarter, a 27% increase from the previous quarter.
SAIL Inaugurates New Slab Caster Complex at Bhilai
15 July 2009 - SAIL celebrates the dedication of a new 0.8-million tonne slab caster complex in Bhilai Steel Plant’s SMS-II, and lays the foundation stone for a new 4-million tonne per year SMS-III complex, also at Bhilai Steel Plant.
JSW Steel Expands Retailing Network in Gujarat
15 July 2009 - JSW Steel further expands its footprint into pan-India steel retailing with the inauguration ofits third exclusive branded retail showroom in Gujarat and the second in Mehsana.
Baosteel Issues Second Tranche of Medium Term Notes
14 July 2009 - Baosteel Co., Ltd. issues a second tranche of medium-term notes with a total amount of RMB 5 billion yuan.
Mechel Refinances Short-Term Credit Facilities
14 July 2009 - Mechel OAO signs agreements to refinance short-term credit facilities totaling $2.6 billion US dollars the company had raised to purchase assets in Yakutia and Oriel Resources Ltd. (Great Britain).
Baosteel Group Ningbo Iron & Steel Implements 100-day Consolidation Plan
13 July 2009 - Baosteel Group Ningbo Iron & Steel has successfully implemented its 100-day consolidation plan, as evidenced by the company’s announcement that it had achieved gross profit in June.
Broner Solution Helps NSSC Implement Due-Date Based Customer Focus
13 July 2009 - Broner implements its Production Planner module for Nippon Steel & Sumikin Stainless Steel Corp., which is now using it to improve customer service and reduce inventory.
Baosteel Moves up to No. 3 Position for 2008 Crude Steel Output
10 July 2009 - Baosteel moves up to the number-three position in World Steel Association’s recently announced ranking of top steel producers for 2008.
Corus Could Cut More Jobs at Scunthorpe
10 July 2009 - Corus announces that an additional 366 positions are at risk at its Scunthorpe site in North East England as the company continues to try to balance labor costs with anticipated demand.
BHP Billiton Celebrates 40 Years of Iron Ore Shipments from Pilbara
09 July 2009 - BHP Billiton Iron Ore and Western Australia's Pilbara communities celebrate the 40th Anniversary of the railing and shipping of the first iron ore mined from the Mt Newman Project, which is now known as BHP Billiton Iron Ore's Newman Joint Venture.
