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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
CVRD to Invest US$ 11 Billion in 2008
15 October 2007 - Companhia Vale do Rio Doce’s Board of Directors approves an investment budget of US$ 11.0 billion for 2008, representing the largest annual investment program ever undertaken by CVRD or by any mining company in the world.
ArcelorMittal Reports Status of Share Buyback Program
12 October 2007 - ArcelorMittal reports that it has repurchased 721,000 shares under the new share buy-back program that was announced on September 13, 2007.
IISI Reveals Short-Range World Steel Outlook for 2007, 2008
12 October 2007 - The International Iron and Steel Institute releases world steel production forecasts for 2007 and 2008 during its recent 41st Annual Conference of IISI Members in Berlin.
AIS Implements BetaPlanner for New voestalpine Stahl Reheat Furnace
11 October 2007 - AIS successfully completed its implementation of the SteelPlanner reheat furnace optimization module for voestalpine Stahl’s new reheat furnace project in Linz, Austria.
IISI Elects New Officers, Welcomes New Members
11 October 2007 - The IISI Board of Directors welcomed the incoming 2007-2008 Chairman, Posco’s Ku-Taek Lee, as well as the distinguished new group that will serve on IISI’s 2007-2008 Executive Committee. The organization also welcomed a number of new regular, associate, and affiliated members.
LME Confirms First Steel Billet Brands
11 October 2007 - The LME confirms the first billet brands that will be deliverable for its two regional steel billet futures contracts for the Mediterranean and Far East.
ArcelorMittal to Rebuild Liège Steel Plant
11 October 2007 - ArcelorMittal announced plans to rebuild an integrated steel plant in Liège, Belgium, a move the company says was prompted by stronger-than-expected demand in the region.
ArcelorMittal Moves Closer to Shareholder Meetings
10 October 2007 - ArcelorMittal announces publication of the convening notices for an Extraordinary General Meeting of ArcelorMittal shareholders and an Extraordinary General Meeting of Arcelor shareholders.
Morgan to Upgrade Two Australian Mills
09 October 2007 - Smorgon Steel, part of OneSteel in Melbourne, contracts Morgan Construction to upgrade both the bar mill and rod mill at its North Laverton facility in Australia.
Danieli Wean United to Supply Hot-Dip Galv Line for Tezcan
09 October 2007 - Danieli Wean United to supply a 400,000 tonne/year hot-dip galvanizing line for Tezcan Galvanizli Yapi Elemanlari Sanayi Ve Ticaret AS in Turkey.
AIS to Supply Slab Yard Management System for SSAB Tunnplåt
09 October 2007 - SSAB Tunnplåt contracts the AIS Group to implement its Slab Yard Management system on two of the company’s slab yards in Borlänge, Sweden.
Mechel Acquires Controlling Stakes in Yakutugol OJSHC and Elgaugol OAO
09 October 2007 - Mechel OAO announces its acquisition of 75% less one share of Yakutugol OJSHC and 68.86% of the shares of Elgaugol OAO.
Linde Expands Gas Supplies for voestalpine
08 October 2007 - The Linde Group enters into a long-term supply agreement with Austrian steel producer voestalpine to deliver industrial gases to the company’s Linz, Austria, production site.
Danieli Morgardshammar to Upgrade Ovako Imatra Rolling Mill
08 October 2007 - Danieli Morgardshammar will upgrade Ovako Imatra’s 250,000-tonne/year heavy section mill by replacing the mill’s old housing-type blooming stand with a new 830-mm diameter housingless-type reversing blooming stand and auxiliaries.
Siemens to Supply Plate Mill for Dongkuk
08 October 2007 - Siemens Metals Technologies will supply the entire mechanical equipment and automation system for a new 5-meter wide plate mill for Dongkuk Steel Mill.
OAO MMK Acquires Shares in Coal Producer OAO Belon
08 October 2007 - Magnitogorsk Iron & Steel Works Open Joint Stock Co. announces the acquisition of 10.75% shares in OAO Belon, a Russian producer of coal and coal concentrates.
voestalpine Further Expands its Presence in Southeastern Europe
08 October 2007 - The voestalpine Group continues its expansion in southeastern Europe with the construction of a new steel service center in Romania, which follows the startup of another steel service center in Poland earlier this year.
Danieli to Supply Superflexible SBQ/Section Mill for Celsa Huta Ostrowiec
05 October 2007 - Celsa Huta Ostrowiec contracts Danieli to supply a new 750,000-tonne/year super-flexible SBQ bar and section mill that will be capable of producing a wide range of finished product types and sizes through the mill’s two production outlets.
SMS Demag Commissions Wide Slab Caster for Jindal Steel & Power
05 October 2007 - SMS Demag commissions a continuous casting installation at Jindal Steel & Power’s Raigarh works that is capable of producing the thickest and widest slabs in India.
Siemens Metals Technologies Acquires Remaining Shares in Shape Technology
04 October 2007 - Siemens Metals Technologies has taken over the remaining 50% of Shape Technology Ltd., a U.K. based provider of mechatronic instruments used to measure and record metal shape and profile conditions.
