World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Tata Steel Raises $500 Million in Largest Indian GDR Offering in London
30 July 2009 - Upon joining the London Stock Exchange’s Professional Securities Market, Tata Steel Limited raises $500 million, the largest-ever Indian Global Depository Receipt offering in London.
ArcelorMittal Reports 2nd Quarter 2009 Results
30 July 2009 - ArcelorMittal reports a net loss of $792 million on sales of $15.176 billion for the second quarter, and a net loss of $1.855 billion on sales of $30.298 billion for the six months ended June 30, 2009.
SMS Concast to Modernize Six-Strand Caster for SN Longos Seixal
29 July 2009 - SN Longos Seixal (Megasa Group), Portugal's largest manufacturer of long steel products, places order with SMS Concast to modernize its six-strand continuous caster.
Siemens to Engineer Selective Waste-Gas Recirculation for Posco Sinter Plants
29 July 2009 - Siemens VAI Metals Technologies will provide Posco with selective waste-gas recirculation systems for two of the five sinter plants at the company's Pohang Works.
Posco Restarts No. 4 Blast Furnace at Gwangyang
29 July 2009 - Posco celebrates the restart of the refurbished 5500-cubic-meter No. 4 Furnace at its Gwangyang Plant, which is to produce some 14,000 tonnes of steel per day, making it the world’s largest blast furnace in terms of daily production.
JSW Steel Expands Retailing Network in Uttar Pradesh
28 July 2009 - JSW Steel expands its presence in pan-India steel retailing with the inauguration of a new JSW Shoppe in Uttar Pradesh, the company’s eighth exclusive branded retail showroom in the state.
MMK Commissions Heavy Plate Mill from SMS Siemag
28 July 2009 - Magnitogorsk Iron & Steel Works commissions a heavy plate mill made by SMS Siemag.
Posco Acquires Cold-Rolled Steelmaker Asia Stainless
28 July 2009 - Posco has acquired the Vietnamese cold-rolled stainless steelmaker Asia Stainless Corp. and increases its stake in Taihan ST, a producer of cold rolled stainless steel.
Pomini Tenova to Supply Roll Shop for Jindal Steel Plate Mill
27 July 2009 - Pomini Tenova to supply roll shop equipment for Jindal Steel and Power’s new five-meter wide plate mill in Angul, which has an annual production capacity of 1.2 million tonnes.
Three ArcelorMittal Stainless Sites Achieve Zero Accident Milestones
27 July 2009 - ArcelorMittal celebrated the recent achievement of safety milestones by ArcelorMittal Ústí in the Czech Republic, ArcelorMittal Firminy in France, and ArcelorMittal Sersheim in Germany.
Corus Fails to Reach Alternative Solution with Teesside Offtake Consortium
24 July 2009 - Corus meets with the four members of the steelmaking consortium that were to have taken almost 78% of the output from Teesside Cast Products to discuss alternatives that could help to preserve operations at Teesside.
Vale to Expand Stake in New CSA Slab Plant
24 July 2009 - Vale and ThyssenKrupp Steel sign MoU for Vale to increase its stake in ThyssenKrupp CSA Siderúrgica do Atlântico to 26.87% through a capital infusion of € 965 million.
Severstal Names New CEO for Severstal International, Severstal NA
24 July 2009 - OAO Severstal announces the appointment of Sergei Kuznetsov as CEO of Severstal International and Severstal North America, replacing Gregory Mason, who will be leaving the company.
Mechel Announces New Appointments at BMP and VMP
23 July 2009 - Mechel OAO announces new appointments to executive positions at its Beloretsk Metallurgical Plant (BMP OAO) and Vyartsilya Metallurgical Plant (VMP ZAO) steel subsidiaries.
NLMK Develops Creative Solutions for Assembly of New Blast Furnace
23 July 2009 - NLMK develops creative assembly operations to facilitate the ongoing construction of its new Blast Furnace No. 7 in Lipetsk, which is to have a total volume of 4290 cubic meters.
Mechel Mining Subsidiaries Increase Capacity Utilization
22 July 2009 - Mechel OAO announces an increase in the level of utilization for its mining subsidiaries’ production capacities in July 2009.
VIZ–Stal Implements Modernization Program
22 July 2009 - VIZ-Stal, NLMK’s Ekaterinburg-based subsidiary, implements a supplementary investment program for the reconstruction of a number of its production facilities.
ArcelorMittal Acquires Noble’s European Laser Welded Operations
22 July 2009 - ArcelorMittal completes its acquisition of Noble European Holdings BV from parent company Noble International, Ltd.
Mechel Closes Deal for Refinancing Short-Term Credit Facilities
21 July 2009 - Mechel OAO successfully closes the deal for refinancing the 2.6-billion US dollar short-term credit facilities that were raised to purchase assets in Yakutia and Oriel Resources Ltd.
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.
