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World

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

Latest News

Third-Gen Automotive Steels Have Arrived

02 August 2018 - Third-generation steels that are at once strong and formable are now being sold into the automotive market and can readily substitute components made from earlier advanced steels with lower tensile strengths, reports Repairer Driven News.  

Primetals Technologies, Danieli Tapped for Caster Improvements

02 August 2018 - Two Italian steelmakers are upgrading continuous casters in a bid to increase capacity and improve product quality, according to separate announcements from the equipment suppliers on the projects. 

Severstal Plans Stamp Charged Coke Plant

30 July 2018 - Coke oven and blast furnace specialist Paul Wurth has won a contract to build two stamp-charged coke batteries for Severstal’s Cherepovets steel works in Russia, the company has announced.  

ArcelorMittal Makes 'Take It or Leave It' Offer for ILVA

30 July 2018 - ArcelorMittal has upped its offer for Italy’s ILVA after the country’s new government began pushing for a better deal, reports commodities news and pricing service Argus Media. 

SMS group to Build Meltshop for New Austrian Mill

27 July 2018 - SMS group has been chosen to outfit the meltshop at a planned special steel plant in Austria, the equipment supplier said on Friday.

Global Steel Production Is Up. Here's How Much.

26 July 2018 - Global crude steel production rose 881.4 million metric tons in the first half of 2018, reports news and pricing provider S&P Global Platts. 

U.S., EU Hope to 'Resolve' Steel Tariffs

26 July 2018 - U.S. President Donald Trump and European Commission President Jean-Claude Juncker announced Wednesday that the two economies would work toward removing tariffs on industrial and goods and “resolve” the 25% steel tariffs imposed by the U.S. 

Italian Government Launches Examination of Ilva Bidding

25 July 2018 - The Italian government has opened a review into the bidding process for Ilva and could potentially rescind its agreement to sell the business to ArcelorMittal, reports Kallanish Commodities.  

Danieli Awarded Contract for Chinese Micro-Mill

25 July 2018 - Chinese steelmaker Guilin Pinggang Iron & Steel has ordered a Danieli micro-mill, handing the equipment supplier its 15th order globally for such facilities.  

Steelmaker Places Order for Unmanned Crane System

23 July 2018 - POSCO ICT, the IT and engineering subsidiary of South Korean steelmaker POSCO, has signed an agreement to supply an autonomous crane system to a Chinese steel plant.

China Takes a New Tack on Air Pollution Reduction

23 July 2018 - China plans to set varying production cuts among its steel mills as it adopts a more tailored approach to reducing air pollution, reports the Reuters news service.

India Steel Ministry not concerned about U.S. tariffs . . . yet

20 July 2018 - The India Steel Ministry said that the U.S. tariffs do not pose an “immediate threat” to their domestic industry.

Creditors Approve Liberty House’s Acquisition of Indian Steel Plant

19 July 2018 - UK-based Liberty House Group has received creditor approval to acquire Adhunik Metaliks, an integrated steel plant located in eastern India.

German Producers Face Fines in Price Collusion Case

18 July 2018 - German competition regulators have fined more than a dozen people and companies a total of EUR205 million for fixing engineering and stainless steel prices.

European Commission Institutes Import Quota on 23 Steel Products

18 July 2018 - The European Commission has put in place provisional safeguard measures aimed to control the flood of steel imports now arriving in the European Union as a result of U.S. tariffs.

British Steel Invests Big in Wire Rod Business

18 July 2018 - British Steel will invest 50 million pounds (approximately US$65 million) to boost its wire rod production capabilities, the company announced this morning.

Danieli Modernizes Two Galvanizing Lines for Vietnamese Mill

18 July 2018 - Hoa Sen Group’s Hoa Sen Nghe An plant will be installing a new furnace and air wiping equipment at their two galvanizing lines, according to a press release by equipment supplier Danieli.

Canada Contemplating Trade Actions to Curb Diverted Steel Imports

17 July 2018 - The Canadian government is looking into measures to halt the rapid influx of foreign steel imports being redirected to Canada as a result of the new U.S. steel tariffs, says the Bloomberg news service.

Russian Steelmaker Unveils New High-Tech Heat Treatment Facility

17 July 2018 - Russia’s Metalloinvest celebrated the start-up of a new roller hearth heat treatment furnace and rolling quenching machine on Monday.

Salzgitter Pursues Purchase of ArcelorMittal Facilities

16 July 2018 - German steelmaker Salzgitter AG has submitted a formal offer to acquire ArcelorMittal’s production facilities in Dudelange, Luxembourg and Liège, Belgium, according to the company.

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