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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
SMS Demag to Provide Steelworks, CSP Plant for Tata Steel
26 February 2008 - Tata Iron & Steel awards order to SMS Demag to supply an X-Melt converter meltshop and a CSP plant.
Siemens to Provide Equipment for Alchevsk Long Product Rolling Mill Ugrade
25 February 2008 - Siemens Metals Technologies will supply equipment for OJSC Alchevsk Iron and Steel Works’ long product rolling mill, including all mechanical and electrical equipment plus basic and process automation systems.
Nippon Steel, Sumitomo to Boost Stakes in Mitsui Mining
25 February 2008 - Nippon Steel and Sumitomo will boost their stakes in Mitsui Mining in a deal valued at 13.5 billion yen.
IISI Reports World Steel Production for January 2008
25 February 2008 - Steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 113.0 million tonnes in January — 4.9% higher than for the same month of 2007.
Workers Initiate Unlawful Strike at Rautaruukki’s Raahe Works
22 February 2008 - Trade Union employees at Rautaruukki's Raahe Works in Finland initiate a strike that the company says is in direct conflict with a commitment to industrial peace detailed in the workers’ current collective bargaining agreement.
Workers Initiate Unlawful Strike at Rautaruukki’s Raahe Works
22 February 2008 - Trade Union employees at Rautaruukki's Raahe Works in Finland initiate a strike that the company says is in direct conflict with a commitment to industrial peace detailed in the workers’ current collective bargaining agreement.
ArcelorMittal to Increase Base Prices for Flat Carbon Products in Europe
22 February 2008 - ArcelorMittal announces a further 40 €/tonne price increase for its flat carbon products in Europe, which is in addition to an earlier increase of 12 to 15% for flat carbon steel prices in Europe.
ArcelorMittal Repurchases Shares from Carlos Tassara International
21 February 2008 - ArcelorMittal announces the repurchase of 25 million shares from Carlo Tassara International SA.
IISI, Steel Industry Renew Call for Review of BHP-Rio Tinto Alliance
20 February 2008 - Representing the interests of steel producers worldwide, the International Iron and Steel Institute renews its formal request that all relevant competition authorities review the proposed alliance between BHP Billiton and Rio Tinto.
Tata Steel Management and Workers’ Union Sign Memorandum of Settlement
20 February 2008 - Management of Tata Steel and the Tata Workers' Union sign memorandum of settlement that provides for interim relief to qualifying employees of the company’s Steel Works and Tubes Division at Jamshedpur.
Evraz to Acquire up to 51% of China’s Delong Holdings
20 February 2008 - Evraz Group enters into share purchase agreement to acquire up to approximately 51% of the issued share capital of Delong Holdings Limited over an agreed period of time.
Iron Ore Prices to Increase 65% for Nippon Steel and Posco
19 February 2008 - Companhia Vale do Rio Doce concludes iron ore price negotiations for 2008 with Nippon Steel and Posco, resulting in a 65% increase in prices for Southern System fines.
Air Liquide to Provide High-Capacity Air Separation Units for Posco
18 February 2008 - Air Liquide signs contracts to design and build very large air separation units—each with a production capacity of over 3,000 tonnes of oxygen per day—with Posco in South Korea and with Shenhua Ningxia Coal in China.
VALE Reports 2007 Production
18 February 2008 - Companhia Vale do Rio Doce reports record production in 2007 of 296 million tonnes of iron ore, 17.6 million tonnes of pellets, and 247,900 tonnes of finished nickel, in addition to copper, bauxite, alumina, aluminum, kaolin, and cobalt.
Mechel Stampings Plant Certified in European Standards Audit
15 February 2008 - Specialists unanimously confirm that railway axle manufacturing equipment at Urals Stampings Plant OAO is in compliance with the high standards for manufacturing railway axles for the European market.
Gerdau Announces 2007 Consolidated Results
15 February 2008 - The Gerdau Group reports consolidated net income of R$ 4.3 billion on consolidated net sales of R$ 30.6 billion for 2007.
ThyssenKrupp Reports Results for Fiscal 1st Quarter
14 February 2008 - ThyssenKrupp reports earnings before taxes of €646 million for the first quarter of 2007/2008, with order intake and sales reaching the same high levels as in the prior-year quarter.
ArcelorMittal Reports Record Results for 2007
14 February 2008 - ArcelorMittal announces net income of $2.4 billion on sales of $28.0 billion for the fourth quarter, and net income of $10.4 billion on sales of $105.2 billion for the twelve-month period ended December 31, 2007.
Tata Steel Division Honored for Safety Performance at Coal Mines Safety Week
13 February 2008 - The Golden Jubilee annual coal mines safety week for the Ranchi-Koderma Region culminates with a prize distribution ceremony at Tata Steel’s West Bokaro Division.
ThyssenKrupp VDM Starts up Expanded Wire Production Facility
13 February 2008 - ThyssenKrupp VDM GmbH has relocated its wire production to Werdohl, near the company’s headquarters, with the startup of a new, state-of-the-art production line for nickel alloy and high-alloy special stainless steel wire.
