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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
BE Group, ArcelorMittal form Joint Venture for Swedish Service Centre Market
28 January 2008 - BE Group AB will acquire 50% of ArcelorMittal SSC AB, as part of BE Group’s and ArcelorMittal’s formation of a joint venture for the service processing and sale of thin sheets on the Swedish market.
World Crude Steel Production Reaches All-Time-High in 2007
28 January 2008 - World crude steel production reaches an estimated 1343.5 million tonnes in 2007, a 7.5% increase in production compared to 2006. The total marks the fifth consecutive year that world steel production grew by more than 7%.
ArcelorMittal Inaugurates Prototype Vacuum Plasma Coating Line
25 January 2008 - ArcelorMittal inaugurates Arceo, its industrial prototype for a breakthrough vacuum-plasma steel coating line in Belgium.
Aker Kværner Appoints New President and CEO, Considers Name Change
23 January 2008 - Aker Kværner ASA appoints Simen Lieungh at the company’s new President and CEO, and will nominate Martinus Brandal as the new Chairman of the Board.
Siemens to Supply Second Corex Plant to Baosteel Pudong Steel
23 January 2008 - Siemens Metals Technologies will supply a second 1.5-million-tonnes/year Corex C-3000 plant to Shanghai Baosteel Pudong Iron and Steel in China.
U. S. Steel and JFE Steel to Exchange Technical Expertise
23 January 2008 - United States Steel and JFE Steel enter into a technical exchange agreement to share expertise in steelmaking practices, benchmarking, and other areas of mutual interest.
Siemens-led Consortium to Build Turnkey Facility for Asturiana de Laminados
22 January 2008 - Asturiana de Laminados SA awards a contract to a consortium headed by Siemens Metals Technologies to build an integrated turnkey sheet production plant.
VALE Clarifies Status of Investment Negotiations
22 January 2008 - Companhia Vale do Rio Doce has been maintaining a dialogue with Xstrata Plc management, and continues to analyze several other potential investment options.
SMS Demag Consortium to Supply X-Melt BOF Meltshop for Visakhapatnam Steel Plant
22 January 2008 - An international consortium led by SMS Demag will supply to Visakhapatnam Steel Plant an X-Melt BOF meltshop with an annual capacity to produce 2.8 million tonnes of liquid steel.
ArcelorMittal Reports Status of Share Buyback Program
21 January 2008 - Under share buy-back programs announced on September 13 and on December 12, 2007, ArcelorMittal has repurchased 1,007,333 shares from January 10 through 16, 2008.
ThyssenKrupp Confirms Lower 1st Quarter Results
21 January 2008 - ThyssenKrupp AG reports first-quarter earnings will be lower than year-earlier results, which were boosted by exceptionally strong demand and very high base prices for stainless steel.
Danieli and Kocks to Upgrade Seversky Seamless Tube Mill
21 January 2008 - Friedrich Kocks will supply the 3-stand extractor and 14-stand sizing mill for Danieli’s conversion of an existing Pilger mill into a continuous 14-inch seamless tube mill for TMK Group’s Seversky Truboprokatny Zavod subsidiary.
Siemens to Supply Equipment for Strip Processing Lines in China
18 January 2008 - Siemens Metals Technologies will supply dynamic air knives for two hot galvanizing lines at Tangshan HengYuan Coating & Galvanizing, and a new skinpass mill at Tonghua Iron and Steel Co.
Nippon Steel Names New President
18 January 2008 - Nippon Steel announces that Vice President Shoji Muneoka, 61, will become President of the corporation on April 1.
ArcelorMittal Lays Groundwork for Reorganization of Gandrange Facility
17 January 2008 - ArcelorMittal will shut down the unprofitable Gandrange facility’s meltshop and billet mill in order to focus on developing the facility’s wire rod mill, which will now process billets produced at other company facilities in Germany and Luxembourg.
Mechel Appoints Director of its Steel Division
16 January 2008 - Mechel OAO announces the appointment of Andrey Deineko as the new Director of its Steel Division.
ArcelorMittal Extends EDS Contract in Germany
16 January 2008 - ArcelorMittal extends its contract with EDS through the end of 2011 for infrastructure and application services at the company’s Bremen and Eisenhuttenstadt facilities in Germany.
General Steel Holdings Acquires Controlling Interest in Tongxing
15 January 2008 - General Steel Holdings obtains final government approval to acquire a controlling interest in Hancheng Tongxing Metallurgy, with core operations in coking coal production and rebar processing.
ArcelorMittal Provides Update on Fatalities at Abaiskaya Mine Accident
15 January 2008 - ArcelorMittal confirms the final number of fatalities as 30 for the Abaiskaya Mine Accident in Kazakhstan.
Linde Seals Long-Term Gas Contract at Scunthorpe with Corus
14 January 2008 - Linde Group will construct a new air separation unit, refurbish an existing unit, and extend the pipeline network for the Scunthorpe facility of international steel producer Corus.
