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World

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

Latest News

Softening Demand Forces U. S. Steel to Idle Blast Furnaces

19 June 2019 - United States Steel Corporation is idling three blast furnaces — two in the U.S. ¬— on account of receding demand. 

Jindal: Urbanization Will Generate Big Growth in Indian Steel Demand  

18 June 2019 - India will need more than 300 million tons of steelmaking capacity to support a forecasted rise in steel demand over the decade, said JSW Steel chairman and managing director Sajjan Jindal. 

Mittal: EU Must Take Further Measures in Wake of Steel Tariffs

13 June 2019 - ArcelorMittal chief executive Lakshmi Mittal says the European Union needs to further protect the domestic steel market from imports that are being deflected by U.S. President Donald Trump’s steel tariffs.

EU Says No to Tata, thyssenkrupp Deal

13 June 2019 - The European antitrust regulators have blocked thyssenkrupp and Tata Steel’s proposed European joint venture, officially ending a deal the companies decided to scrap last month.

SAIL to Replace Three Converters at Steel Works

06 June 2019 - The Steel Authority of India Ltd. has contracted SMS group for three new converters at its Durgapur works.

Citing Softening Demand, ArcelorMittal Furloughs Italian Workers

06 June 2019 - ArcelorMittal Italia is temporarily laying off approximately 1,400 workers amid weakening demand and heightened competition from imported steel, the company has announced.

The World’s Second-Largest Steelmaker Could Soon Become the Largest

04 June 2019 - Baowu Steel Group, the world’s second-largest steelmaker, is acquiring a majority stake in a smaller rival, a move that could propel Baowu to the No. 1 spot within the next few years.

China Iron & Steel Association Urges ‘Rational’ Output

04 June 2019 - The China Iron and Steel Association is calling for restraint as mills produce at record levels amid concerns over slowing demand, the Reuters news service reports.

Lab Equipment Maker Expands Product Portfolio Through U.S., Japan Acquisition

04 June 2019 - Laboratory and analytical instruments manufacturer Verder Group is expanding its product portfolio in particle and surface analysis equipment, acquiring Microtrac Inc. and MicrotracBEL from Nikkiso Co. Ltd.

Fives Lands Order for Precision Cold Mill

04 June 2019 - China’s Ningbo Baoxin Stainless Steel Co. Ltd. has ordered a new precision cold mill from Fives, the equipment supplier reports.

Primetals Technologies Lands Order for Automated Tapping System

30 May 2019 - China’s Jiangsu Shagang Group Co. Ltd. has contracted Primetals Technologies to install a fully automated tapping system on two BOF converters at its Zhangjiagang steel works in the Jiangsu province.

SMS group Gets the Nod for Reheat Furnace Build

30 May 2019 - SMS group has landed an order to build a new reheat furnace for the NLMK DanSteel A/S plate mill in Denmark.

ArcelorMittal Announces New Production Cuts

29 May 2019 - The world’s largest steelmaker on Wednesday announced new production curtailments in Europe, citing weak demand and competition from imports. 

Early Interest in British Steel Buoys Hopes  

28 May 2019 - Potential buyers are kicking the tires on British Steel, giving some hope that the U.K. long products maker might be saved. 

Italian Long Products Maker Reveals Plans for New Rolling Mill  

28 May 2019 - Nucor Corp.’s Italian joint venture, Duferdofin-Nucor, will build an EUR150 million rolling mill in the province of Brescia, the company has announced. 

voestalpine Metallurgy R&D Center to Focus on High-Performance Steels

23 May 2019 - voestalpine has opened an EUR18 million metallurgy research center that is focused on high-performance steels that are used in specialty rails, quality wire rod and extremely durable oil country tubular goods.

Paul Wurth Bags Order for Two Blast Furnaces

23 May 2019 - SMS group’s Paul Wurth subsidiary has won contracts to build replacement blast furnaces for Turkey’s Erdemir Group, the company said in an announcement.

British Steel Collapses Amid Brexit Uncertainty

22 May 2019 - The U.K.’s second-largest steel producer has been thrust into liquidation after it failed to secure a government lifeline.

A Heavy Lift: Danieli Delivers Crane Weighing 2,700 Tons to Steel Works

15 May 2019 - With the help of a number of sub-contractors, Danieli has delivered a new 50-ton-capacity grab ship unloader to ArcelorMittal Ghent, the equipment supplier reports.  

Fives Wins Contract for Polish Reheat Furnace Rebuild

14 May 2019 - Polish steel producer Cognor S.A. has contracted Fives to overhaul a reheat furnace at its steel plant in Krakow, according to an announcement from the supplier. 

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