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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Forecast: Steel Demand Is Down, But Not as Much as First Feared
15 October 2020 - The World Steel Association has revised up its biannual global demand forecast, saying that a strong recovery in China will soften the overall impact of the COVID-19 pandemic.
ArcelorMittal Europe Launches Sales of Green Steel
15 October 2020 - ArcelorMittal Europe said it will have produced 30,000 metric tons of commercially viable green steel this year, a first step on its way to becoming a carbon neutral producer.
Direct-Firing Furnace Technology Wins Big at Fives’ Innovation Awards
15 October 2020 - A team that developed an innovative reheat furnace has taken home a special company honor for their work, reports process equipment manufacturer Fives.
Report: EU Drafting Carbon Tax on Steel Imports
13 October 2020 - The European Commission is working on a plan to impose a carbon tax on imported steel, cement and electricity, reports the Reuters news service.
SMS group Lands Order for Bar Processing Line
13 October 2020 - Turkish bright bar producer Hasçelik San. Ve Tic. A.Ş has placed an order with SMS group for a new combined drawing line, the equipment supplier has said.
South Korean EAF Sees Efficiency Gains Through New Tech Package
09 October 2020 - South Korean special steel producer SeAH Besteel recently contracted Danieli to retrofit an electric arc furnace with a technology package aimed at improving process efficiency.
In Poland, ArcelorMittal Mothballs Two BFs. In Italy, It May Have a New Partner for Steel Works.
09 October 2020 - ArcelorMittal Poland will permanently close the hot end of its Krakow works, saying that there’s not enough demand, or market protection from unfairly traded imports, to support it, reports Kallanish Commodities.
POSCO Partners With ExxonMobil to Develop LNG Carriers
08 October 2020 - South Korean steelmaker POSCO has joined forces with oil and gas giant ExxonMobil to explore the use of high-manganese steel grades in the liquefied natural gas (LNG) industry, reports the Korea Herald newspaper.
ANDRITZ Receives Order for Train Wheel Production Line
08 October 2020 - EVRAZ joint venture Allegro has contracted ANDRITZ to supply a rail wheel production line capable of annually producing 200,000 train wheels.
Nippon Steel Plans BF Restart on Improving Demand
06 October 2020 - Japan’s Nippon Steel Corp. will restart a blast furnace that was idled earlier this year due to pandemic-driven declines in demand, reports commodities news and pricing service Argus.
ArcelorMittal Pledges to Achieve Carbon Neutrality
02 October 2020 - ArcelorMittal has announced a significant environmental goal: it intends to achieve carbon neutrality by 2050.
Italian Steelmaker Ramps Up Record-Breaking Tenova EAF
02 October 2020 - Italy’s Acciaieria Arvedi has started up a new a Tenova Consteel electric arc furnace (EAF) and has begun ramping up the unit, reports the furnace’s builder, Tenova.
ArcelorMittal Returns Two Blast Furnaces to Service
02 October 2020 - ArcelorMittal has restarted a blast furnace in Germany and another in France as it shifts production to account for the temporary shutdown of a Belgian furnace, reports commodities news and pricing service S&P Global Platts.
Rising Steel Capacity Is Cause for Deep Concern, OECD Says
01 October 2020 - Despite the severe drop in steel demand caused by the COVID-19 pandemic, global steel capacity is rising and could reach 700 million metric tons in excess of production this year, reports the Organisation for Economic Co-operation and Development steel committee.
Primetals Technologies Details voestalpine Bloom Caster
01 October 2020 - A new caster at voestalpine’s site in Leoben, Austria is capable of producing 950,000 metric tons annually and can cast in fully automatic mode, the caster’s manufacturer, Primetals Technologies, reports.
Danieli Tapped to Revamp Continuous Annealing Line for Tata Steel UK
01 October 2020 - Tata Steel UK has contracted Danieli Automation to replace the automation on its continuous annealing line at its Trostre works in South Wales, according to Danieli.
ArcelorMittal to Return Brazilian BF to Service
24 September 2020 - Anticipating an economic recovery, ArcelorMittal Brazil plans to restart a blast furnace at its Tubarão facility next month, reports commodities news and pricing service S&P Global Platts.
Austrian Producer Starts Up New Caster
23 September 2020 - voestalpine has started up a new fully automated bloom caster at its Donawitz plant in Austria, allowing it to make high-end steel grades for specialty applications.
Rising Demand Prompts JFE Blast Furnace Restart
23 September 2020 - Citing recovering demand, Japan’s JFE Steel has restarted the No. 4 blast furnace at its Fukuyama steel works, reports commodities news and pricing service Argus.
Total Lubrifiants Expands Through Acquisition
23 September 2020 - Lubricants manufacturer Total Lubrifiants has acquired a French company that specializes in high-performance synthetic lubricants.
