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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
SMS Concast to Supply EAF to El Marakby Steel
06 February 2013 - SMS Concast is supplying a 350,000 tonne per year electric arc furnace to long steel producer El Marakby Steel in Giza, Egypt.
Danieli Corus Successfully Hot Commissions First Sublance System for JSW Steel
05 February 2013 - On 4 February 2013, Danieli Corus and JSW Steel successfully started the operation of the first sublance in India, proving the feasibility of sublance-based BOF process control in the Indian steel industry, where exceptional slag compositions found in BOF shops were previously thought to be prohibitive.
EUROFER Says EU in Calmer Waters But 2013 Prospects Remain Bleak
05 February 2013 - Despite several economic indicators edging up since November 2012, EUROFER’s 1Q13 Economic & Steel Market Outlook signals that for the time being the EU steel market looks set to remain stuck in reverse gear.
Ternium Named in CSN Lawsuit in Brazil
05 February 2013 - Ternium S.A. announced that it was made aware by Tenaris S.A. of the filing of a lawsuit in Brazil by Companhia Siderúrgica Nacional (CSN) and various entities affiliated with CSN against Ternium Investments S.àr.l., its subsidiary Siderar, and Confab Industrial S.A., a Brazilian subsidiary of Tenaris.
Fitch: Weak Steel Market Means Iron Ore Rally Likely to End Soon
05 February 2013 - The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013, but is unlikely to be sustainable due to the weak demand for steel, Fitch Ratings says.
Report: Better Times on the Horizon for Steelmakers Who Survive 2013
05 February 2013 - The latest global steel report from Ernst & Young says excess steelmaking capacity globally will remain the biggest issue for the sector this year. It also questions the assumption that vertical integration in the sector adds value.
Siemens Applying New Rail Technology for First Time in Chinese Long Products Rolling Mill
05 February 2013 - Chinese steel producer Baotou Iron & Steel has awarded Siemens Metals Technologies an order for the supply of a new facility for the inline thermal treatment of heavy-duty rails, to be installed in one of the two company's long product rolling mills in Baotou, Inner Mongolia. This will include the world's first application of an advanced technology for rail hardening.
Abinsk Electric Steel Works Orders Two Roughing Stands from SMS Meer
04 February 2013 - Abinsk Electric Steel Works from the Krasnodar Region of Russia has placed an order with SMS Meer to upgrade its high-speed rebar rolling mill.
Severstal Signs Long Term Contracts with Russian and CIS Auto Companies
04 February 2013 - So far in 2013, OAO Severstal has signed one-year metal-roll contracts with GAZ Group, Sollers, KAMAZ, GM Uzbekistan and Volkswagen as well as half-year contracts with HYUNDAI-KIA, Renault-Nissan and Eurodisk, and quarterly contract with ZAZ.
NLMK Kaluga Works Installation Approaches Completion
04 February 2013 - The installation of main facilities at NLMK Kaluga’s EAF and rolling shops in Russia is now in its closing stage.
Air Products Appoints New Senior Vice President and Chief Administrative Officer
04 February 2013 - Air Products announced that John D. Stanley has been appointed senior vice president, general counsel and chief administrative officer responsible for the company’s law, corporate secretary, human resources, information technology, global business support services, mergers and acquisitions, communications, and government relations departments.
Uzbek Metallurgical Plant Orders Ladle Furnace, Vacuum Degasser and Dedusting Plant from Adrem Invest
01 February 2013 - Uzbek Metallurgical plant has ordered from Adrem Invest SRL, an affiliated company of MTAG Technology AG and MTUS Technology Inc., a new 100 ton ladle furnace, vacuum degassing and de-dusting plant.
Uzbek Metallurgical Plant Orders Ladle Furnace, Vacuum Degasser and Dedusting Plant from Adrem Invest
01 February 2013 - Uzbek Metallurgical plant has ordered from Adrem Invest SRL, an affiliated company of MTAG Technology AG and MTUS Technology Inc., a new 100 ton ladle furnace, vacuum degassing and de-dusting plant.
China Steel Industry Profits Plunge 98% in 2012
01 February 2013 - The combined profits of China's major steelmakers crashed by more than 98% in 2012 as growth in the economy of the world's largest steel producer slowed, Business Insider reports.
NLMK to Minimize Air Emissions with New Dedusting System
01 February 2013 - Novolipetsk, NLMK’s main production site in Lipetsk, Russia, continues to hot test its new dedusting systems and high-capacity new-generation filters at the hot metal pouring section in BOF shop No.2 – one of major sources of graphite emissions into the air.
Ilva May Consider New Investors, Recapitalization
01 February 2013 - Gruppo Riva may seek new investors and raise capital at its Ilva steel plant, which was partially shut by prosecutors probing environmental violations, Chairman Bruno Ferrante said, according to Bloomberg.
China Gerui Advanced Materials Starts New Laminated Steel Processing Line
01 February 2013 - China Gerui Advanced Materials Group Limited, a leading high precision, cold-rolled steel producer in China, announced the introduction of a new laminated steel processing line at its existing production facilities in Zhengzhou, China.
NLMK Enhances Employee Collaboration to Create Efficiencies
01 February 2013 - Novolipetsk, NLMK’s main production site in Lipetsk, Russia, announced the results of its annual innovation contest. Throughout the year, more than 1,600 employees from 55 of the company’s units took part in the contest.
ArcelorMittal Poland Temporarily Stopping Production at Warszawa
31 January 2013 - ArcelorMittal Warszawa announced that, on 29 January 2013, the Polish plant would temporarily idle its steel plant and rolling mill for 9 and 11 days respectively.
Mechel Reports 2012 Operational Results
31 January 2013 - Russian mining and steel company Mechel said the launch of blast furnace #5 at its Chelyabinsk Metallurgical Plant after capital maintenance and the commissioning of a new EAF at Izhstal had a positive impact on production volumes as it reported its 2012 operation results.
