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World

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

Latest News

U.S. Trade Representative Criticizes China's Excess Steel Capacity

06 April 2021 - The Office of U.S. Trade Representative Katherine Tai is taking China to task, calling it the world’s No. 1 offender in enabling excess steel capacity. 

Solaronics Expands Product Offerings Through Acquisition

06 April 2021 - Industrial heating and drying systems specialist Solaronics SAS has acquired gas burner and combustion systems maker Selas Heat Technology for an undisclosed amount, according to an announcement. 

Mill Contractor Takes On Expanded Role at JSW Steel Facility

06 April 2021 - Harsco Corp.’s environmental division has renewed a multi-year mill services contract with JSW Steel’s Dolvi Works in Maharashtra, India. 

Report: Lowered EU Steel Demand Will Necessitate Capacity Cuts

05 April 2021 - The COVID-19 pandemic probably has erased five to 10 million tons of European Union steel demand, and producers there will have to shed capacity, according to a new paper from management consultancy McKinsey & Co.

Danieli-Built Strip Processing Plant Opens

05 April 2021 - An Uzbekistani cold rolling and coating facility has been put into service, according to the plant’s technology provider. 

Expansion, Acquisitions Propel JSW Steel to the Top of India’s Steel Industry

01 April 2021 - India’s JSW Steel is moving to become the country’s largest steel producer and has set a long-term goal of reaching 45 million metric tons of capacity, reports commodities news and pricing service Argus. 

ArcelorMittal Plans Two DRI-EAF Plants in Germany

29 March 2021 - ArcelorMittal said Monday that will build two sets of direct reduction and electric arc furnace plants in Germany, an investment that is expected to cost between EUR1 billion and EUR1.5 billion. 

Egyptian Mill’s Furnace Upgrade Yields Big Fuel Savings 

29 March 2021 - Danieli recently completed upgrades to a reheat furnace at Egypt’s El Masria Steel, the equipment manufacturer has said. 

Work Begins on Refractories Production Facility

26 March 2021 - Refractories maker Allied Mineral Products has begun construction on a new manufacturing facility in China’s Guangdong Province, the company has said. 

Steel Plant Issues Final Acceptance on Revamped Degasser

26 March 2021 - SMS group has received the final acceptance certificate related to work on an RH degasser at China Steel Corp.’s Kaohsiung works in Taiwan. 

Danieli Completes Slitter Improvements

26 March 2021 - Danieli Fröhling has wrapped up work on a slitting shear and exit guide at Becker Stahl Service GmbH in Germany, the equipment manufacturer reports. 

SSAB Selects Site for Planned DRI Plant

25 March 2021 - SSAB and its partners in its HYBRIT initiative have chosen a site in northern Sweden to build a fossil-free, direct reduced iron plant, the company has announced. 

Section 232 Tariffs Should Stay, Argues Economic Think Tank

24 March 2021 - The global steel overcapacity problem should be fixed through some sort of a multi-lateral solution, but until one is reached, the U.S. should keep its Section 232 tariffs in place, according to the left-leaning Economic Policy Institute. 

OECD Raises Alarm on Global Steel Overcapacity 

23 March 2021 - The Organisation for Economic Co-operation and Development (OECD) Steel Committee is warning that the global industry faces a heightened risk from excess production capacity as the COVID-19 pandemic tamps down demand. 

SSAB Cold Mill Set for Automation Upgrade

23 March 2021 - Primetals Technologies has been contracted to modernize the process automation system for a Finnish tandem cold mill, the equipment manufacturer has announced.

SMS group Receives Order for Wire Rod Mill Improvements

23 March 2021 - China’s Zenith Steel Group Co. Ltd. has contracted SMS group to upgrade the wire rod mill at its Changzhou works, a project that will take the mill’s rolling speed up to a blistering pace of 42 m/second.  

Danieli Lands Order for Wire Rod Mill

19 March 2021 - Hoa Phat Hai Duong Steel has awarded two contracts to Danieli for new rolling equipment at its Kinh Mon steel complex in Vietnam, Danieli has announced. 

Air Liquide, ArcelorMittal Collaborating on CO2 Reduction Project

19 March 2021 - ArcelorMittal and Air Liquide are teaming up to reduce carbon emissions at the steelmaker’s Dunkirk operation in France.

Ukrainian Mill Signs Off on Newly Installed Downcoiler

18 March 2021 - Primetals Technologies recently received the final acceptance certificate for a new downcoiler installed at a Ukrainian mill, the equipment supplier has said. 

Hydrogen Takes Center Stage in New Collaboration Agreements

18 March 2021 - POSCO and Australian electricity and natural gas producer Origin Energy have signed a memorandum of understanding on an effort to bring green hydrogen to South Korea, reports the The Sydney Morning Herald newspaper.