▶Subscribe to the Steel News Rewind Newsletter

World

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

Latest News

Steel OEMs Considering Indian Joint Ventures, Investments Worth US$5 Billion

18 October 2018 - Indian officials expect that domestic equipment builders, foreign technology suppliers and steel mills will sign US$5 billion worth of investment agreements next week, reports the (India) Economic Times.

Keep International Committee on Excess Capacity Going, World Steel Chairman Says

17 October 2018 - The World Steel Association’s outgoing chairman said a global body aimed at reducing excess steel capacity is making inroads and should be allowed to continue its work.

To Allow for Essar Steel Acquisition, ArcelorMittal Agrees to Pay Off US$1B in Debt

17 October 2018 - ArcelorMittal said it is prepared to pay off the equivalent of about US$1 billion in debt on two businesses in which it had held ownership stakes in order to win approval to buy another.

Global Steel Demand Predicted to Rise This Year

16 October 2018 - Worldwide steel demand is expected to grow 3.9% this year on the underlying health of developed and emerging economies, according to the World Steel Association.

Steelmaker Targets Heavier Bar-in-Coil Weights Through Mill Upgrade

16 October 2018 - South Korean long products producer DaehanSteel Co. Ltd. has awarded a contract to SMS group for upgrades to a rolling mill at the company’s Pyeongtaek plant.

Liberty House Adds Four European Steel Plants to Growing List of Assets

12 October 2018 - Sanjeev Gupta’s Liberty House Group has signed an agreement to buy four ArcelorMittal facilities in Europe, an acquisition that will double its rolling capacity to more than 15 million metric tons annually.

Coke Plant Pipeline Fire Claims Nine

09 October 2018 - Nine people were killed and 14 others were injured Tuesday morning after a gas line caught fire at the Steel Authority of India Ltd.'s Bhilai works.

Paul Wurth Completes Expedited Repair of Italian Blast Furnace

09 October 2018 - Blast furnace specialist Paul Wurth recently completed a fast-track repair at the Arvedi Group’s Siderurgica Triestina plant in Trieste, Italy.

Turkey to Impose Its Own Steel Safeguard Measures

08 October 2018 - Turkey is setting a quota on imported steel as trade measures in the U.S. and elsewhere deflect foreign steel into the Turkish market, according to the Reuters news service.

Revamped Cold Mill Runs Its First Coil

08 October 2018 - China’s Masteel has completed upgrades to a reverse cold mill at its Maanshan plant in the Anhui province and has begun producing coils, reports the equipment supplier on the project.

SSAB to Revamp Tube Operations

05 October 2018 - SSAB Europe will close one tube mill and upgrade another as part of a plan to reposition its tube business, the company said on Friday.

SMS group Receives Final OK on Bar Mill Improvements

05 October 2018 - Spain’s Sidenor Aceros Especiales has signed the final acceptance certificate on upgrades to a bar mill at its Basauri plant, reports the equipment supplier on the project.

Swedish JV Picks Tenova Technology for Planned Hydrogen-Based DRI Plant

03 October 2018 - A joint venture that is building a pilot-scale, hydrogen-based steel mill has selected Tenova to supply key components for the facility’s direct-reduction plant.

thyssenkrupp Announces Plans to Split into Two

02 October 2018 - thyssenkrupp AG’s supervisory board has unanimously approved a plan to split the company into two independent entities, one that would manage its steel and materials business and another that would focus on capital goods.

China Eliminates Wintertime Production Restrictions

02 October 2018 - China is doing away with centrally mandated, wintertime production curtailments that were meant to reduce air pollution during the winter heating season.

Tata Steel Hopes to Boost Production at Former Bhushan Steel Plant

02 October 2018 - Tata Steel is aiming to lift the capacity utilization of a newly acquired integrated sheet mill by at least 14% over the next six months.

Metals Executive to Lead SSAB Special Steel Division

27 September 2018 - SSAB has named a new director for its special steel unit, hiring away the chief executive of tool steelmaker Uddeholm AB.

JSW Steel Sites Proposed Mill in India

27 September 2018 - The Indian state of Odisha has allotted roughly 2,900 acres of land to JSW Steel for a proposed steel plant, reports the The Times of India newspaper.

Tata Expands Capacity With Usha Martin Acquisition

24 September 2018 - Indian wire rope manufacturer Usha Martin Ltd. is divesting its special steel plant and other upstream assets to Tata Steel for the equivalent of between US$589.6 million and US$644.5 million, the company has announced.

China Steel Executive Expects to See Iron Ore Demand Flatten Due to Scrap Displacement

21 September 2018 - China bought more than 1 billion metric tons of iron ore last year, but demand will likely plateau as a governmental push to reduce pollution drives a conversion in production routes, the Reuters news service reports.

Page 82 of 487

View Latest Steel News