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World

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

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NLMK Looks to Complete New Caster by Year's End

18 July 2019 - NLMK has begun installation of a new caster at its Lipetsk mill in Russia, marking the beginning of the end of a broader project to boost the mill’s output.

Tata Steel Not Seeking Partner for European Mills

18 July 2019 - After seeing its European venture with thyssenkrupp collapse, Tata Steel had hinted that it might look for a new partner. But a new agreement is apparently not in the cards at the moment, reports Indian financial website moneycontrol.com. 

Primetals Technologies to Acquire One of Its Suppliers

18 July 2019 - Mitsubishi Heavy Industries and Primetals Technologies are acquiring ABP Induction Systems, a manufacturer of induction furnaces and heating systems, for an undisclosed amount, the companies have announced. 

U. S. Steel Signs Tenova for Košice Investment

18 July 2019 - Tenova LOI Thermprocess has won an order from U. S. Steel Košice for a new annealing and coating line to produce non-oriented electrical steel. 

Tata Chief Executive Wants to Lead on R&D

16 July 2019 - Tata Steel chief executive and managing director TV Narendran, who is seeking a second turn at the helm of the steelmaker, has an ambitious goal for his next five years.

Nippon Steel Plans Divestments to Raise Cash

15 July 2019 - Japan’s Nippon Steel Corp. plans to sell off as much as US$1.85 billion worth of assets to help pay for its acquisition of Essar Steel in India and other things, reports The Nikkei Asian Review.

NLMK Opens Gas Recovery Plant

15 July 2019 - NLMK Group has put a RUB4.6 billion (US$73.4 million) by-products recovery plant into service at its Lipetsk site in Russia, the steelmaker has said.

Salzgitter Greenlights New Galvanizing Line, Signs SMS group to Project

11 July 2019 - Salzgitter AG will proceed with the installation of a third galvanizing line at its Salzgitter Flachstahl mill and has chosen SMS group to build it, the company announced Thursday. 

Primetals Technologies Sees Increasing Demand for Caster Optimization Packages

11 July 2019 - Primetals Technologies has reached a new sales milestone, signing a contract to install its 150th level 2 process automation package for continuous casters in the last 10 years.  

Danieli Inks Contracts for Rolling Mill, EAF Packages

11 July 2019 - Two Chinese steel producers have placed separate orders with Danieli for a new rebar mill and a scrap charging technology package. 

Chinese Steelmaker Implements New Production Management System 

09 July 2019 - China’s MaSteel has gone live with a new production management system that will coordinate activity on 50 lines at five plants, according to the system vendor, PSI Group. 

SMS group, Voith Team Up to Create IoT Solutions 

09 July 2019 - Industry suppliers SMS group and Voith have struck up a partnership to cooperatively develop Industrial Internet of Things platforms.  

voestalpine CEO Formally Hands Off Baton to Successor

08 July 2019 - voestalpine veteran Herbert Eibensteiner has taken the reins as the company’s new chief executive officer (CEO) and management board chairman. 

Potential Buyers Lining Up to Acquire British Steel 

08 July 2019 - The court-appointed receiver overseeing the sale of British Steel says there are several viable offers for the business, but that a sale likely will take some time to complete, reports The Guardian newspaper. 

Global Steelmaking Capacity Could Grow as Much as 5% by 2021

02 July 2019 - Global steelmaking capacity declined slightly in 2018, but projects that are underway now or have been proposed could bring about more than 100 million metric tons of new capacity over the next three years, according to Organisation for Economic Co-operation and Development.

Liberty Finalizes Acquisition of European Mills

02 July 2019 - Sanjeev Gupta’s Liberty Steel has closed on its EUR740 million acquisition of several ArcelorMittal Europe steel plants, completing a deal that establishes Liberty as one of the biggest steelmakers in the continent.

Thyssenkrupp Labor Leaders Call for Definitive Post-Merger Plan

27 June 2019 - Thyssenkrupp labor unions are demanding that the company develop a clear strategy for its steel unit now that plans to merge it with Tata Steel’s European strip business have fallen apart, the Reuters news service reports.

Danieli Awarded Bar Mill Contract, Completes Upgrade to Wire Rod Plant

27 June 2019 - China's Minyuan Iron & Steel Group has ordered a high-speed, high-capacity rebar mill from Danieli, the equipment supplier has announced. 

Tata Steel Caster Set for Upgrade

24 June 2019 - Tata Steel Ltd. has signed SMS group to upgrade the continuous caster at its Compact Strip Production mill in Jamshedpur, India, the equipment supplier has said. 

ArcelorMittal Progresses on New Steel CSR Certification

24 June 2019 - ArcelorMittal said Monday that it expects to launch its new corporate social responsibility certification by the end of the year. 

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