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World

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

Latest News

World Steel Association Sets Target for Data Collection

10 October 2008 - The World Steel Association reports on its success to date on phase 1 of its CO2 emissions data collection program, and sets a stretch target to the end of the year for completion of data collection.

ArcelorMittal Expects Higher EBITDA in Second Half of 2008

10 October 2008 - ArcelorMittal reaffirms its third-quarter EBITDA guidance in excess of USD 8.5 billion.

ArcelorMittal Commences Exchange Offer

09 October 2008 - ArcelorMittal offers to exchange an aggregate principal amount of up to U.S. $1.50 billion of its 5.375% Notes due 2013 and an aggregate principal amount of up to U.S. $1.50 billion of its 6.125% Notes due 2018, all registered under the Securities Act, for a like aggregate principal amount of its unregistered outstanding 5.375% Notes due 2013 and 6.125% Notes due 2018.

Tata Steel Awarded Coveted Deming Application Prize

08 October 2008 - Tata Steel India becomes the first integrated steel company outside Japan to be awarded the Deming Application Prize for excellence in Total Quality Management.

Rautaruukki Plans Temporary, Permanent Production Curtailments

08 October 2008 - Rautaruukki's Ruukki Construction division announces plans to temporarily scale back the manufacture of heavy construction structures at its Ylivieska and Kalajoki plants in Finland, and permanently close a profiling unit in Ostrava, in the Czech Republic.

New Pipe Mill to Provide Captive Supply for Essar Construction

08 October 2008 - Essar Construction (India) prepares to take up turnkey projects as Essar’s Rs 800-crore saw pipe mill at Hazira nears completion.

World Steel Association Elects ArcelorMittal CEO as New Chairman

08 October 2008 - The World Steel Association announces the election of Lakshmi Mittal, Chairman and CEO of leading international steel producer ArcelorMittal, to serve as its Chairman.

ABB to Supply Electrical, Automation Equipment for SSAB Tunnplåt Mill Upgrade

07 October 2008 - SSAB Tunnplåt contracts ABB to supply electrical and automation equipment for a new downcoiler, new exit coil conveyer line, inspection station for coils, a new roller table, and a laminar cooling section at its steel mill in Borlänge, Sweden.

ThyssenKrupp Confirms Upbeat Earnings Forecast

07 October 2008 - ThyssenKrupp confirms earnings forecast, based on continued favorable forecasts for the global steel market.

IISI: Another Year of Growth—And Change

07 October 2008 - The International Iron and Steel Institute changes its name to World Steel Association (worldsteel), effective immediately.

Danieli Corus, Tata Projects to Build Greenfield Blast Furnace for SAIL

06 October 2008 - Consortium comprising Danieli Corus and Tata Projects Limited will design and construct a greenfield blast furnace for SAIL’s Rourkela Steel Plant.

Nippon-Kobe Joint Company to Recycle Steel Dust into DRI

03 October 2008 - Nippon Steel and Kobe Steel will establish a joint company that will recycle steel dust using the FastMet process to produce usable direct-reduced iron.

Tata Steel to Acquire 19.9% Share in New Millennium Capital

02 October 2008 - Tata Steel signs binding agreement to acquire a 19.9% stake in New Millennium Capital with an option to acquire 80% of a joint venture that will develop New Millennium’s Direct Shipping Ore Project, which is estimated to contain in excess of 100 million tonnes of direct shipping quality ore.

Uhde Awarded Contracts for Coke Plants at JFE Steel, MCC Mitsubishi Chemical

02 October 2008 - Uhde is commissioned by OTTO Corp. to provide comprehensive services within the scope of coke plant contracts for JFE Steel and MCC Mitsubishi Chemical.

Siemens to Modernize Heavy-Section Mill, Merchant-Bar Line for Dneprovsky Iron and Steel

02 October 2008 - Siemens VAI Metals Technologies will fundamentally refurbish a heavy-section line and a merchant bar line for the Ukrainian steel producer OJSC Dneprovsky Iron and Steel Integrated Works.

Sumitomo Celebrates Progress on New Wakayama Works Blast Furnace

02 October 2008 - Sumitomo Metals holds a furnace building, or Koteire ceremony commemorating the start of brickwork for its new No. 1 Blast Furnace at the Wakayama Steel Works.

Baosteel Puts Large Diameter Longitudinal Welding Pipe Line into Production

01 October 2008 - Baosteel officially puts its Large Diameter Longitudinal Welding Pipe Production Line into production, the first such line in China.

SSAB Named Industrial Company of the Year for Work Environment

01 October 2008 - SSAB is named the industrial company of the year in work environment for its systematic and long-term work-environment efforts in cooperation with the labor unions, and its dedication and to workplace safety and employee health.

Nippon Steel to Acquire 20% Stake in Alliance Partner Topy Industries

01 October 2008 - Nippon Steel announces plans to purchase up to 20% of the voting shares of its alliance partner, Topy Industries Ltd.

Wuppermann Adopts New SMS Demag Galvanizing Process

30 September 2008 - Wuppermann Stahl GmbH incorporates SMS Demag’s CVGL (Continuous Vertical Galvanizing Line) process into its hot-dip galvanizing line following completion of a successful test phase.

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