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World

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

Latest News

Report: ArcelorMittal Divests Stake in Indian Steelmaker

07 February 2018 - ArcelorMittal is cashing out its stake in India’s Uttam Galva, freeing it to bid on troubled steel assets elsewhere in the country, reports India’s Business Standard.

17 Killed in Chinese Mill Accidents

07 February 2018 - Two separate gas leaks have claimed 17 lives at Chinese steel plants, according to the Reuters news service.

thyssenkrupp Workers OK Joint Venture Labor Deal

06 February 2018 - Rank-and-file members of German labor union IG Metall have overwhelmingly approved a labor agreement on the proposed joint venture between Tata Steel’s European strip business and thyssenkrupp’s steelmaking business.

Europe Has a Big Overcapacity Problem, voestalpine Executive Says

05 February 2018 - About 20% of Europe’s steelmaking capacity is redundant, and companies should look to close mills while re-orienting themselves toward greater production of higher-end steel, voestalpine AG chief executive Wolfgang Eder tells The (London) Financial Times.

ANDRITZ Accepts Order for French Galvanizing Line Furnace

05 February 2018 - ArcelorMittal Atlantique & Lorraine S.A.S. has ordered a direct-fired furnace from the ANDRITZ technology group in support of a EUR67 million coating line conversion.

Swiss Steelmaker Makes Prevailing Offer for Troubled French Company

29 January 2018 - A Swiss specialty long steel manufacturer has been named the preferred bidder for France’s Ascometal, according to the Reuters news service. 

Iranian Pipe Mill Calls on SMS group for Upgrades

29 January 2018 - SMS group has signed a signed a comprehensive service and modernization contract with Sadid Industrial Group’s Mahshahr pipe mill, the equipment supplier has announced. 

Report: Steel Giants Team Up in Bid for Indian Manufacturer

29 January 2018 - Nippon Steel & Sumitomo Metal Corp. and ArcelorMittal are going in together on a bid for India’s Essar Steel, reports The (India) Economic Times. 

World Steel Association: Global Production Rose in 2017

24 January 2018 - Global crude steel production rose 5.3% in 2017, according to preliminary data from the World Steel Association. 

JSW Steel Awards Furnace Contract to Fives

24 January 2018 - Industrial engineering firm Fives has bagged an order for two high-capacity reheat furnaces from India’s JSW Steel, the firm reported on Wednesday. 

Tata Steel on the Hunt for New Assets

23 January 2018 - Tata Steel has plans to expand its new Kalinganagar Works, but will look to add capacity through acquisition, managing director TV Narendran tells The (India) Economic Times. 

Chinese Steelmaker Lights New Blast Furnace

22 January 2018 - China’s Shandong Steel Group Rizhao has blown in a new blast furnace and tapped the first batch of hot metal, reports SMS group’s Paul Wurth unit. 

Report: China Dismisses Trump Administration's Potential Trade Action as a Bluff

19 January 2018 - The Trump administration is expected to soon make decisions on several significant trade actions – moves to restrict imported steel in the name of national security among them. 

Offers for Bhushan Steel Stack Up

19 January 2018 - The interest in India’s ailing Bhushan Steel Ltd. appears to be piling up. 

NISCO Calls on Primetals Technologies for Caster Mod

19 January 2018 - Primetals Technologies has received an order to modify a bloom caster China’s Nanjing Iron & Steel United Co. Ltd.  

SMS group Lands Contract for Saarstahl Billet Caster

17 January 2018 - SMS group has won a contract to build a replacement billet caster for Germany’s Saarstahl AG, the equipment supplier has announced. 

Austrian Government OKs voestalpine Pilot Hydrogen Plant

17 January 2018 - voestalpine AG has won approval to build a pilot version of a carbon-free hydrogen production plant, advancing its efforts to eliminate carbon emissions in steelmaking, the company said on Tuesday. 

EVRAZ Signs Off on Furnace Improvements

16 January 2018 - Russia’s EVRAZ has signed the final acceptance certificate on a project that modernized the No. 2 electric arc furnace at its plant in western Siberia. 

Steelmaker Realizes Operating Benefits With New Furnace Injection Equipment

12 January 2018 - Slovenian special steel producer Metal Ravne recently completed modifications to its 45-ton oval bottom tapping furnace, hoping to resolve some challenges that arose through a prior project.

Decision Time: Trump Receives Commerce Department's Awaited Section 232 Report

12 January 2018 - The U.S. Department of Commerce has concluded its Section 232 investigation on steel imports and has sent its long-awaited report to President Donald Trump, but it will not immediately release its findings and conclusions, officials have announced.

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