World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
EU Countries Approve Steel Safeguard Revisions
04 September 2019 - European Union governments have OK'd tighter restrictions on steel imports, lowering the threshold at which 25% duty on certain grades applies, the Reuters news service reports.
Tata Steel to Close U. K. Steel Mill
03 September 2019 - Unable to find a buyer for its Orb Electrical Steels operation in South Wales, and unwilling to roll the dice on a substantial upgrade, Tata Steel Europe will instead close the facility, the company has announced.
Liberty Steel Sets European Investments
03 September 2019 - Sanjeev Gupta’s Liberty Steel plans to invest more than US$443 million over the next five years in its newly acquired European mills, Liberty Steel chief executive Jon Bolton tells Bloomberg news service.
Chinese Casters Re-Enter Production Following Improvements
03 September 2019 - China’s TISCO has completed upgrades to two thin-slab casters and has returned the machines to service, reports Danieli, the project contractor.
U.K. Establishes Funds to Support Steel Decarbonization
29 August 2019 - The U.K. government is allocating GBP350 million (US$426.9 million) to two funds that will support efforts to decarbonize its steel industry and scale up production of hydrogen.
Tata Steel Might Begin Selling Iron Ore to Outside Customers
29 August 2019 - Tata Steel, already India’s second-largest iron ore producer, is weighing a potential move into merchant iron ore and coal mining as a new business line, reports The (India) Telegraph newspaper.
Vietnamese Steelmaker Starts Up Converter Shop at New Mill
27 August 2019 - Vietnam’s Hoa Phat Group has commissioned the first of four converters at its integrated greenfield mill near Da Nang, reports the supplier of the equipment.
Primetals Technologies to Supply Third Caster at Chinese Mill
27 August 2019 - Primetals Technologies has received an order for a continuous slab caster from China’s Baosteel Zhanjiang, the equipment supplier has said.
MORE Supplies 215th EAF Manipulator
27 August 2019 - Italian EAF equipment supplier MORE srl has reached a sales milestone, landing its 215th order for a one of its CATFIS automatic temperature and sampling manipulators.
thyssenkrupp Appeals Decision on Blocked Joint Venture
22 August 2019 - thyssenkrupp is challenging an EU decision to block the planned merger of its steelmaking unit with Tata Steel's European strip business.
Anyang Steel Announces Investments for 1.66 Million Metric Ton Long Products Mill
21 August 2019 - China’s Anyang Iron & Steel outlined on Monday their plan to invest 5.8 billion yuan in a new long products facility with an annual capacity of 1.66 million metric tons per year, Shanghai Metal Market reports.
thyssenkrupp Materials Services Investing Over 70 Million Euros for Expansion Projects in Europe
21 August 2019 - thyssenkrupp Materials Services is expanding its European warehousing and logistics network in Germany, Poland and Hungary.
Vendanta Limited Has Sights on Being a Top Steelmaker in India
20 August 2019 - Vendanta is planning to expand their steel capacity within the next five to six years, according to the Financial Express newspaper.
Turkish Company Named as Preferred Bidder for British Steel
19 August 2019 - The U.K. government announced Friday that Ataer Holdings A.S. will enter exclusive talks to purchase British Steel.
Stelco Awarded CA$50 Million From Canadian Government to Upgrade Plants
19 August 2019 - The investment is part of a project to modernize Stelco’s Hamilton and Lake Erie Works. The upgrades will include a new recycling facility and will bring about the creation of 75 new jobs.
EU Proposes Modifications to Steel Import Safeguard Measure
15 August 2019 - The European Commission is proposing to reduce an automatic increase on its steel import quota-and-tariff safeguard measure as domestic producers face headwinds from a softening market and surging import levels.
thyssenkrupp May Look to Sell Heavy Plate Business
13 August 2019 - thyssenkrupp has launched a review of its heavy plate business along with two others and may look to divest them, the company has said.
New Electrode Manufacturing Tech Passes Performance Tests
13 August 2019 - A new type of extruder used to make graphite electrodes has passed its final acceptance tests, reports Danieli Breda, the equipment maker’s forging and extrusion unit.
Report: British Steel Draws Interest from Turkish Entity
12 August 2019 - A subsidiary of Turkey’s military pension fund is the front-runner to buy British Steel and is prepared to invest GBP900 million in the business, reports the U.K.’s Sky News.
SMS group Bags Order for Replacement Converters
12 August 2019 - SMS group has received an order from Taiwan’s China Steel Corp. for three replacement converters, a project intended to improve uptime and reduce maintenance costs.
