Steel News


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

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Asian Steelmaker Starts Up New Cold Mill

16 Nov 2017 - Vietnam’s Nam Kim Steel Joint Stock Company has rolled the first coil on its new reversing cold mill at its plant in the province of Binh Duong, according the equipment supplier on the project. 

SMS group Wades Deeper into 3D Printing

14 Nov 2017 - SMS group has struck up a partnership with a company that makes a modular 3D printing system in an effort to drive sales in the growing additive manufacturing sector.

South Korea Wins Partial Ruling Against American OCTG Tariffs

14 Nov 2017 - A World Trade Organization panel has sided in part with South Korea in its dispute over U.S. anti-dumping measures it imposed on oil country tubular goods from the country and five others, according to the Reuters news service. 

Healthier Markets Push Up Gerdau's Q3 Profits

13 Nov 2017 - Rising shipments and increased and sales, along with a companywide effort to reduce costs, lifted Gerdau SA’s third-quarter profits by 53%, the company reported. 

Kuwaiti Steelmaker Puts Bar Mill on Order

13 Nov 2017 - Italian bar mill equipment manufacturer Nuova Carpenteria Odolese (NCO) has won an order for a rebar mill from Kuwait’s Al-Oula Steel Manufacturing Company.

Improved Market Lifts ArcelorMittal's Q3 Profits

10 Nov 2017 - The world’s largest steelmaker saw its third-quarter profits rise 75% on higher sales and shipments, ArcleorMittal reported on Friday. 

Accumulating Scrap in China Could Reduce Demand for Coal, Coke

09 Nov 2017 - China’s scrap reservoir could more than double over the next eight years and enable a rise in electric arc furnace steelmaking – and drive a reduction in iron ore, coal and coke demand, according to Joseph Poveromo, president of Raw Materials & Ironmaking Global Consulting.

Better Performing Blast Furnaces Will Drive Coke Evolution

08 Nov 2017 - As coke batteries age and environmental rules make new greenfield projects less feasible, the coke industry will have to place a greater emphasis on repair know-how and technology, said Marcelo Andrade, ArcelorMittal raw material and ironmaking manager.

China's Steel Capacity Forecast to Fall Below 1 Billion Tons

08 Nov 2017 - China’s government-mandated production curtailments are forecast to reduce hot metal production by 41 million net metric tons and coke demand by 18 million net metric tons, according to an estimate from commodities consultancy CRU.

Competition Worries Prompt EU to Take Closer Look at ArcelorMittal-ILVA Deal

08 Nov 2017 - Competition regulators at the European Commission are taking a closer look at ArcelorMittal’s plan to acquire Italy’s ILVA, fearing that the deal may lead to higher prices for hot-rolled, cold-rolled and galvanized flat products, especially in southern Europe.

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