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World

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

Latest News

Cliffs to Divest Australian Iron Ore Mine

12 June 2018 - Iron ore miner Cleveland-Cliffs Inc. has reached an agreement to sell its Australian iron ore operation to Australia's Mineral Resources Ltd. for an undisclosed amount.

Transformer Fire Damages Finnish Mill

12 June 2018 - A transformer fire has knocked a portion of SSAB’s strip and tube mill in Hämeenlinna, Finland, offline, the company disclosed on Tuesday.

SMS group Lands Order for Galvanizing Line

12 June 2018 - China’s Shandong Ruifeng Stainless Steel Co. has chosen SMS group to supply a hot-dip galvanizing line to complement its pickling line and tandem mill.

Tata Steel Europe Employees Not Sold on Potential thyssenkrupp Joint Venture

12 June 2018 - Tata Steel’s European works council has raised new doubts over the combination of the steelmaker’s European strip business with thyssenkrupp’s steel division, making it less likely that a deal will come to fruition by the end of the month, reports the Reuters news service.

ArcelorMittal Begins Work on Waste Gas Conversion Plant

11 June 2018 - ArcelorMittal and a Chicago-based company that has developed technology to transform industrial waste gases into ethanol have broken ground on a plant at the steelmaker’s facility in Ghent, Belgium.

voestalpine Brings New Slab Caster Into Service

11 June 2018 - voestalpine has been quickly ramping up a new slab caster at its No. 3 steel shop in Linz, Austria, having successfully cast nearly all of the steels it is designed to produce within its first three months of operation, according to the caster's manufacturer.

China, Zimbabwe to Partner on US$1B Steel Mill

11 June 2018 - Chinese and Zimbabwean leaders have signed a memorandum of understanding for a 2-million-metric-ton-per-year steel plant, reports Xinhua, China’s state news agency.

Report: JSW Steel's Appetite for Deals Remains Unabated

07 June 2018 - After signing deals to acquire Italian long products mill and an Indian producer of steel sponge iron and ferroalloys, JSW Steel remains in the hunt for distressed assets, both in India and overseas, reports Indian financial portal moneycontrol.com.

voestalpine Announces 2019 Leadership Change

06 June 2018 - voestalpine chief executive Wolfgang Eder plans to step aside next summer and is to be succeeded by a veteran of the company’s steel and metal forming divisions, the Austrian steelmaker has announced.

Exempt Canada From Section 232 Tariffs, Treasury Secretary Tells Trump

06 June 2018 - U.S. Treasury Secretary Steve Mnuchin is urging President Donald Trump to rethink his decision to apply the Section 232 steel and aluminum tariffs to Canada, reports ABC News.

Tenova Bags Orders for Two EAFs

06 June 2018 - China’s Shandong Laigang Yongfeng Steel Corp. has awarded a contract to Tenova for the retrofit of two new electric arc furnaces at its plant in Dezhou City, Shandong Province.

EU to Move Ahead with Tariff Complaint at WTO

01 June 2018 - The European Union said it is filing a complaint with the World Trade Organization over the U.S. decision to impose the Section 232 tariffs on steel and aluminum. 

Anger Over Steel Tariff Decision Overshadows G-7 Meeting

01 June 2018 - The Trump administration’s decision to impose the Section 232 steel and aluminum tariffs on Mexico, Canada and the European Union has supplanted the agenda at a G-7 meeting of central bankers and finance officials in Canada, reports the Bloomberg news service. 

EU, Canada and Mexico Will Face 25% Steel Tariff

31 May 2018 - The Trump administration is going ahead with its 25% tariff on steel imports from Mexico, Canada and the European Union and will begin assessing it on Friday.

Indian, Australian Companies Agree to Develop Lignite-Based Iron Plant

31 May 2018 - An Australian company has signed a master development agreement with India’s state-owned iron ore and lignite producers to build a new type of ironmaking plant in the state of Tamil Nadu.

Italian Company Bags Orders for Three New Furnaces

31 May 2018 - Two North American steelmakers have awarded contracts to Italian furnace builder Forni Industriali Bendotti for new reheat furnaces.

Trailer Manufacturer Claims Swedish Steel Prize

25 May 2018 - SSAB has awarded the 2018 Swedish Steel Prize to Italian trailer manufacturer Mantella for its innovative rear-tipping semi-truck trailer.

SSAB Floats Product Data into the Cloud

24 May 2018 - SSAB is rolling out a new service that provides customers with cloud-based traceability and documentation of the steel they buy.

India Nears Completion of Scrap Steel Policy

24 May 2018 - India is finalizing a national steel scrap policy and plans to open 20 scrapyards as it moves toward lifting steel production to 300 million metric tons annually, reports the Press Trust of India.

SMS group Receives Order for Slab Caster

23 May 2018 - NLMK Group has awarded a contract for a new thick slab caster to SMS group, the equipment supplier has announced.