World

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

Latest News

Usha Martin Shareholders OK Tata Sale

12 November 2018 - Shareholders of Indian wire rope manufacturer Usha Martin Ltd. have signed off on Tata Steel’s planned acquisition of the business, The Hindu Business Line newspaper reports.

POSCO Contracts SMS group for Wire Rod Mill Improvements

12 November 2018 - SMS group has been awarded a contract to upgrade the wire rod mill at POSCO’s Pohang works in South Korea, the equipment supplier has announced.

Trade Group: Section 232 is Producing Intended Results

08 November 2018 - The Section 232 steel and aluminum tariffs have driven US$8.2 billion in capital investments and have allowed for the creation or restoration of around 7,000 jobs, the president of the Alliance for American Manufacturing trade group said Thursday.

KOCKS Wins Contract for South Korean Bar Mill Improvements

06 November 2018 - POSCO has contracted with German rolling mill specialist KOCKS for upgrades to a bar mill, the company has said.

Japanese Mill Launches Production of Spooled Rebar

06 November 2018 - Japan’s Topy Industries Ltd. has started up its new spooled rebar line and a new finishing block at its Toyohashi bar plant, reports the equipment supplier on the project.

Nippon Steel Slates Blast Furnace Reline, Coke Oven Overhaul

05 November 2018 - Nippon Steel & Sumitomo Metal Corp. said it plans to spend the equivalent of US$812.6 million to reline a blast furnace at a steel works in northern Japan and refurbish a coke oven battery in southern Japan.

Report: U.K. Steelmaker Eyes Up Pennsylvania Wire Processor

05 November 2018 - British Steel is said to be looking at buying Pennsylvania’s Johnstown Wire Technologies, the (London) Financial Times reports.

Liberty House Expands Roster of Mills Yet Again

02 November 2018 - Metals entrepreneur Sanjeev Gupta and his Liberty House Group have reached a conditional agreement to buy two cold mills and other assets from ArcelorMittal, a strategic acquisition that expands the growing company’s presence in Europe.

Salzgitter Sets Partnership to Produce Green Hydrogen

01 November 2018 - Salzgitter has signed a cooperation agreement with two other businesses to build a wind-powered hydrogen electrolysis plant.

ArcelorMittal Takes Control of One of EU’s Largest Steel Works

01 November 2018 - ArcelorMittal has finalized its deal to acquire Italy’s ILVA S.p.A., giving it control of the European Union’s largest steel works.

SSAB Looks to Increase Q&T Capacity Through US$110M Project

01 November 2018 - Swedish steelmaker SSAB said it plans to invest the equivalent of around US$110 million in its Mobile, Ala., USA, plant and increase capacity to make quenched-and-tempered (Q&T) steels and other products.

European Regulators Taking a Closer Look at Tata-thyssenkrupp Deal

30 October 2018 - The European Commission has opened an in-depth assessment of thyssenkrupp and Tata Steel Europe’s planned joint venture.

Essar Steel Creditors Give Nod to ArcelorMittal Offer

30 October 2018 - Essar Steel India Ltd.’s creditors have named ArcelorMittal as the successful bidder for the debt-laden business, accepting its US$6.8 billion offer.

In Surprise Move, Essar Steel Promoters Offer to Repay Lenders and Halt Bankruptcy Sale

25 October 2018 - India’s Ruia family, which promotes Essar Steel India Ltd., have made a last-ditch effort to reclaim the bankrupt business, offering to pay off the equivalent of US$7.4 billion, just as creditors were to vote on a bid from ArcelorMittal.

Tenova Bags Order for Vietnamese Galvanizing Line

25 October 2018 - Vietnamese sheet processor Southern Steel Sheet Co. Ltd. (SSSC) has ordered a third galvanizing line from Tenova for its plant in Nhon Trach.

SSAB Adds to Roster of Steel Products

25 October 2018 - Specialty steel producer SSAB has added a new type of steel to its product mix, one that it says is geared for product manufacturers that have stamping, punching, slitting and complicate die forming operations in its production lines.