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World

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

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Name That Steel, and You Could Win This Valuable Prize

20 September 2018 - SSAB and Sandvik Materials Technology have asked for the research community’s help in developing a way to track steel products as they move through the value chain, from the mill to end product.

Salzgitter Plate Mill Marks the Start of Work on New Processing Line

19 September 2018 - Salzgitter AG subsidiary Ilsenburger Grobblech GmbH has broken ground on a EUR150 million heat treat line, marking the start of a project that Salzgitter says is the single largest investment in the heavy plate mill’s history. 

Report: India Might Win Limited Section 232 Tariff Exemption

19 September 2018 - The Trump administration reportedly has agreed to exempt some Indian steel and aluminum from the Section 232 tariffs announced in March, according to The (India) Economic Times. 

Zekelman Industries Halts Initial Public Offering

19 September 2018 - Pipe and tube maker Zekelman Industries has postponed its planned US$750 million initial public offering, saying that its shares weren’t fetching the price it had hoped for, reports the Windsor (Ontario) Star. 

South Korean Steelmaker Slates Bar Mill Improvements

18 September 2018 - South Korea’s Daehan Steel Co. Ltd. has contracted SMS group to replace a bar mill quenching line at its Sinpyeong works and make other improvements, the equipment supplier has announced. 

Chinese Steel Companies Launch JV to Drive Consolidation

18 September 2018 - China’s big three steelmakers and an asset management company are investing the equivalent of US$291.3 million in a joint venture that will buy up steel assets, with an eye to driving consolidation within the country, reports the Reuters news service. 

British Steel Announces Layoffs

14 September 2018 - U.K.-based long products producer British Steel said on Friday that it will eliminate 400 managerial, professional and administrative positions in an effort to cut costs and provide for long-term growth. 

Tenova R&D Programs Aim to Bring Steelmaking Further Into Industry 4.0

14 September 2018 - Tenova has announced that it is participating in three publicly funded research and development initiatives aimed at incorporating Industry 4.0 concepts into steel manufacturing and reducing environmental impacts. 

SMS group Wins Order for Bar Mill

14 September 2018 - With an eye to expanding its long products portfolio, Cameroon’s Prometal Aciérie has awarded a contract to SMS group for a 300,000-ton rolling mill, SMS group has announced. 

ArcelorMittal Plant Re-Signs Harsco for Mill Services

14 September 2018 - Mill contractor Harsco Corp. has signed a 10-year contract renewal with ArcelorMittal Tubarão in Brazil, the company announced Thursday. 

ArcelorMittal Raises Offer for India’s Essar Steel

12 September 2018 - ArcelorMittal has put a new offer on the table for Essar Steel India Ltd., bidding the equivalent of US$5.8 billion for the bankrupt steelmaker, according to media reports. 

With a Labor Deal in Hand, ArcelorMittal Nears Completion of ILVA Acquisition

06 September 2018 - ArcelorMittal expects to seal its deal for Italian steelmaker ILVA and its massive Taranto works after it reached a tentative labor agreement with ILVA’s labor unions, the company said Thursday. 

Chinese Steelmaker Contracts ANDRITZ for Rolling Mill

05 September 2018 - ANDRITZ Group has secured an order for a cold mill from China’s Shougang Jingtang United Iron & Steel Co. Ltd., the Austrian plant builder has announced.

Russian Mill Breaks Hot Strip Production Record

05 September 2018 - Russia’s PJSC Magnitogorsk Iron and Steel Works (MMK) said one of its hot rolling mills set a record in July, producing nearly 528,000 metric tons during the month. 

Emirates Steel Signs Contractor for Mill Recycling Services

05 September 2018 - Mill services contractor Phoenix Services LLC has signed a long-term agreement with Emirates Steel in the United Arab Emirates, the company has announced. 

POSCO Plans Multibillion Investment in Steel Plants

04 September 2018 - The world’s fifth-largest steelmaker said it is planning to invest the equivalent of US$23.2 billion in its steel plants over the next five years as part of a broader capital spending program. 

Primetals Technologies Bags Order for Wire Rod Mill

04 September 2018 - JSW Steel has awarded a contract to Primetals Technologies for a new wire rod mill to be built at the steelmaker’s Vijayanagar works in India.

thyssenkrupp Reveals Plans for 10th Galvanizing Line

04 September 2018 -  thyssenkrupp will add a new hot-dipped galvanizing line to its Dortmund plant in Germany, the company has said.

With Divestment of Australian Mine, Cleveland-Cliffs Returns Focus Entirely to North America

30 August 2018 - Iron ore miner Cleveland–Cliffs Inc. has finalized the sale of its Australian iron ore business, fully re-establishing itself as a regionally focused player in North America.  

Fall Claims Life of AIST Distinguished Member 

29 August 2018 - Leading steel researcher and noted AIST member Dr. Bruno Charles De Cooman died Wednesday after he reportedly fell from a window in his Moscow apartment building. 

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