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