World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Novolipetsk Steel to Acquire Beta Steel for US400 million
05 September 2008 - Novolipetsk Steel (NLMK), Russia, signs a definitive agreement to acquire Beta Steel, Portage, Ind., for an all-cash consideration of USD400 million, on a debt free, cash free basis.
ArcelorMittal Reports Confidence in a Sustainable Steel Pricing Environment
04 September 2008 - ArcelorMittal states its belief that steel pricing will remain structurally strong in light of continued cost increases in raw materials and steel equipment.
SMS Meer to Provide High-Capacity Wire Rod Mill for ArcelorMittal Hochfeld
04 September 2008 - SMS Meer will supply ArcelorMittal Hochfeld with a complete high-capacity wire rod mill with FRS technique for the production of high-grade steels.
ArcelorMittal and Kalagadi Manganese Move Ahead with Manganese Venture
04 September 2008 - Kalagadi Manganese and ArcelorMittal implement their previously announced joint venture for developing Kalagadi’s manganese deposits, following ArcelorMittal’s USD 432.5 million payment to subscribe for a 50% interest in Kalagadi Manganese.
Tenova Goodfellow Commissions EFSOP Process Control System on TenarisDalmine EAF
03 September 2008 - Tenova Goodfellow installs its EFSOP process control system on TenarisDalmine’s 100-tonne Electric Arc Furnace in Italy.
Praxair Expands Supply Agreement with Shaoguan Iron & Steel
03 September 2008 - Praxair China will build a large air separation plant as part of its new long-term agreement to supply oxygen, nitrogen and argon for Guangdong Shaoguan Iron & Steel Group.
Tenaris to Add Small Diameter Seamless Pipe Mill at Veracruz
03 September 2008 - Tenaris SA has announced plans to increase its production capacity by installing a state-of-the-art small-diameter rolling mill for seamless pipe at its industrial facilities located in Veracruz, Mexico.
Siemens to Modernize voestalpine Stahl Hot Strip Mill
02 September 2008 - Siemens VAI Metals Technologies will renew the coiler units and install a new crop shear for voestalpine Stahl’s Linz hot strip mill.
Siemens VAI to Supply 2nd Caster for Ultra-Thick Slabs to voestalpine Stahl
29 August 2008 - Siemens VAI Metals Technologies will supply a second single-strand slab caster capable of casting ultra-thick slabs for voestalpine Stahl GmbH, Austria.
ThyssenKrupp Group to Further Optimize Portfolio
28 August 2008 - To support continued growth, ThyssenKrupp is implementing an investment program with a volume of up to €20 billion. A divestiture of the Services segment’s Industrial Services business unit is also planned.
Mechel Commissions Gas Cleaning System at Otelu Rosu EAF Shop
28 August 2008 - Mechel OAO launches a new gas cleaning system in the arc furnace shop of its Otelu Rosu facility at Ductil Steel, a Romanian company that Mechel acquired in April 2008.
Steel Minister Lays Foundation Stone for SAIL’s 5th Steel Processing Unit
28 August 2008 - The Steel Authority of India celebrates laying of the foundation stone for a fifth Steel Processing Unit to be constructed at Billowa village in the Gwalior district of Madhya Pradesh.
SMS Demag to Supply X-Melt Converter Shop for SAIL’s IISCO Facility
28 August 2008 - SMS Demag will supply a complete 2.6 million tonnes/year X-Melt converter shop for SAIL’s IISCO facility.
BlueScope Steel to Divest its Taharoa Iron Sands Business
26 August 2008 - BlueScope Steel Limited announced the sale of its New Zealand iron sands mining and export operation, the Taharoa Iron Sands Business, to Cheung Kong Infrastructure Holdings Limited.
Siemens to Supply Three Slab Casters for Shougang’s New Tangshan Steelworks
26 August 2008 - Siemens VAI Metals Technologies will supply three new continuous-casting machines for Shougang Group’s new Tangshan Shougang Baoye Iron and Steel facility, including a caster capable of casting ultra-thick slabs of up to 400 millimeters.
SSAB to Substantially Increase Capacity for Quenched and Tempered Steels
25 August 2008 - SSAB announced a SEK 5.3-billion investment program to further develop the company’s production base in Sweden and the United States.
Sumitomo Metals and China Steel to Establish Steel Sheet JV in Vietnam
25 August 2008 - Sumitomo Metal Industries and China Steel Corp. conclude a joint-venture contract for the construction of a steel sheet mill in Vietnam.
Severstal Resources to Acquire PBS Coals
25 August 2008 - OAO Severstal has announced plans to acquire the business of PBS Coals Corp., a Somerset County, Pa., miner and processor of metallurgical and thermal coal with 133.5 million tonnes of in-place coal reserves and 228.3 million tonnes of in-place coal resources.
Corus Enters Negotiations for Sale of European Smelters
22 August 2008 - Corus has entered into exclusive negotiations with Klesch & Co. Limited for the sale of its aluminum smelters in the Netherlands and Germany.
Mechel Reports Progress on Development Program for Mechel Service OOO
22 August 2008 - Mechel OAO deploys production and service equipment at its Mechel Service OOO sales subsidiary branches within the scope of its ongoing development program.
