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

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Steel OEMs Considering Indian Joint Ventures, Investments Worth US$5 Billion 

18 Oct 2018 - Indian officials expect that domestic equipment builders, foreign technology suppliers and steel mills will sign US$5 billion worth of investment agreements next week, reports the (India) Economic Times. 

Keep International Committee on Excess Capacity Going, World Steel Chairman Says

17 Oct 2018 - The World Steel Association’s outgoing chairman said a global body aimed at reducing excess steel capacity is making inroads and should be allowed to continue its work. 

To Allow for Essar Steel Acquisition, ArcelorMittal Agrees to Pay Off US$1B in Debt

17 Oct 2018 - ArcelorMittal said it is prepared to pay off the equivalent of about US$1 billion in debt on two businesses in which it had held ownership stakes in order to win approval to buy another.

Global Steel Demand Predicted to Rise This Year 

16 Oct 2018 - Worldwide steel demand is expected to grow 3.9% this year on the underlying health of developed and emerging economies, according to the World Steel Association. 

Steelmaker Targets Heavier Bar-in-Coil Weights Through Mill Upgrade 

16 Oct 2018 - South Korean long products producer DaehanSteel Co. Ltd. has awarded a contract to SMS group for upgrades to a rolling mill at the company’s Pyeongtaek plant. 

Liberty House Adds Four European Steel Plants to Growing List of Assets

12 Oct 2018 - Sanjeev Gupta’s Liberty House Group has signed an agreement to buy four ArcelorMittal facilities in Europe, an acquisition that will double its rolling capacity to more than 15 million metric tons annually. 

Coke Plant Pipeline Fire Claims Nine

09 Oct 2018 - Nine people were killed and 14 others were injured Tuesday morning after a gas line caught fire at the Steel Authority of India Ltd.'s Bhilai works. 

Paul Wurth Completes Expedited Repair of Italian Blast Furnace

09 Oct 2018 - Blast furnace specialist Paul Wurth recently completed a fast-track repair at the Arvedi Group’s Siderurgica Triestina plant in Trieste, Italy. 

Turkey to Impose Its Own Steel Safeguard Measures

08 Oct 2018 - Turkey is setting a quota on imported steel as trade measures in the U.S. and elsewhere deflect foreign steel into the Turkish market, according to the Reuters news service. 

Revamped Cold Mill Runs Its First Coil

08 Oct 2018 - China’s Masteel has completed upgrades to a reverse cold mill at its Maanshan plant in the Anhui province and has begun producing coils, reports the equipment supplier on the project. 

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