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World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Baosteel Signs Investment Memorandum with Gyeonggi Government, GNS
09 May 2012 - Baosteel Co., Ltd. and GNS will invest and build a new steel processing and distribution center in the Gyeonggi Province and provide General Motors Korea with just-in-time service for automotive sheet storage, shearing, and distribution.
SMS Siemag to Supply Caster, Strip Mill for Habas
08 May 2012 - SMS Siemag will supply a continuous slab caster and a hot strip mill to the Turkish steelmaker Habaş A.S. Besides the mechanical equipment, the supply scope for the hot strip mill includes the entire automation package.
Mechel Reports Resumption of Mining at Sibirginsk Mine
08 May 2012 - Mechel OAO has resumed mining at the Southern Kuzbass Coal Company OAO’s Sibirginsk Mine, where operations had been suspended in June 2011 due to coal self-heating in the mined-out area.
Posco’s Bangkok Office Helps Rebuild Flood-Ravaged School
08 May 2012 - Employees from the Posco-South Asia Bangkok office, along with the Thai Volunteer Service Foundation, recently visited a small school in Ayuthaya. The Social Contribution Group put up $10,000 for the volunteer mission.
Gerdau Reports 1st Quarter Revenues, Investments
07 May 2012 - Gerdau closed the first quarter of 2012 with net revenue of R$ 9.2 billion, an increase of 10% compared to the same period last year. Consolidated sales of 4.7 million tonnes remained stable in relation to the first three months of last year.
BlueScope Sells Metl-Span Insulated Metal Panels Business
07 May 2012 - BlueScope announced the sale of Metl-Span, its North American steel insulated panels business, to NCI Group, Inc., a company majority owned by private equity firm Clayton, Dubilier & Rice, LLC, for US$145 million.
ISSF Releases Video Highlighting 100 Years of Stainless Steel
07 May 2012 - The International Stainless Steel Forum has released a new video to mark the 100 years that have passed since stainless steel was first discovered and commercialized.
Evraz Recognized for Financial Disclosure Procedures in Europe
04 May 2012 - Evraz plc has been named the best European company in the Best Financial Disclosure Procedures category in the 2012 IR Global Rankings survey. This is its second top award for Best Financial Disclosure.
Vallourec Organizes Third Safety Day
04 May 2012 - Vallourec held a Safety Day with the theme of security for its 22,000 employees throughout the world as a reminder of the crucial role that safety plays in its company culture.
Tata Steel Secures Deepwater Pipe Contract in Gulf of Mexico
04 May 2012 - Tata Steel has been awarded a contract to provide pipe for the Discovery Producer Services LLC gas pipeline in Keathley Canyon, Gulf of Mexico. The company will supply Discovery’s Keathley Canyon Connector with 214 miles (345 km) of 20-inch diameter submerged arc welded linepipe.
Ruukki Signs Coking Coal, Pellet Contract with Severstal
04 May 2012 - Rautaruukki has signed a three-year contract for supplies of coking coal and iron pellets with Severstal Resources, a division of the Russian company OAO Severstal.
ThyssenKrupp Steel Europe Starts up Dust Collection System
03 May 2012 - ThyssenKrupp Steel Europe has started operation of an additional 30-million-euro dust collection system on the sinter belts at its Schwelgern plant unit, which is intended to further reduce particulate emissions in the north of Duisburg by up to 3 micrograms per cubic meter.
ArcelorMittal Ostrava Employees Support Humanitarian Collection
03 May 2012 - ArcelorMittal Ostrava's employees participated in "Needless things to needy people," a humanitarian collection of clothes and other items that recently took place in Ostrava. The event was organized by Charity Ostrava in cooperation with Diacony Broumov.
Gerdau Completes 20 Years in Special Steel Sector, Plans New Investments
02 May 2012 - During the past two decades, Gerdau has invested more than US$ 4 billion to acquire assets in Brazil, the United States, Spain, and India and in technological upgrading of its operations in the special steel business.
JSW Steel Reports 26% Growth in Crude Steel for FY12 Fourth Quarter
01 May 2012 - JSW Steel Limited reported the production of 2.07 million tonnes in the fourth quarter of fiscal year 2012, reflecting a 26% growth in crude steel production compared to the previous fiscal year’s fourth quarter.
Siemens to Supply Blooming Mill for Acciaierie Venete
01 May 2012 - Siemens VAI Metals Technologies has received an order from Italian steel producer Acciaierie Venete S.p.A. to extensively modernize the company's blooming mill in Camin. A new blooming stand including ancillary systems will be constructed and integrated into the existing installations.
worldsteel Releases Short Range Outlook
01 May 2012 - The World Steel Association (worldsteel) released its April 2012 Short Range Outlook (SRO) for 2012 and 2013, forecasting that global apparent steel use will increase by 3.6% to 1,422 million tonnes in 2012, following growth of 5.6% in 2011. In 2013, world steel demand is forecast to grow an additional 4.5% to around 1,486 million tonnes.
Outokumpu Continues to Streamline Stainless Operations
01 May 2012 - Outokumpu has announced additional measures that are expected to result in the reduction of 150 to 200 jobs in General Stainless and certain functions in Tornio as well as the Group’s Terneuzen unit in The Netherlands.
Tata Steel Europe to Install First ‘Silent’ Railway Track in UK
01 May 2012 - An innovative railway track, called SilentTrack® and developed by British scientists and engineers at Tata Steel, will reportedly reduce rail traffic noise in and around Blackfriars station in London by up to 50%.
JSW Steel Reports 26% Growth in Crude Steel for FY12 Fourth Quarter
01 May 2012 - JSW Steel Limited reported the production of 2.07 million tonnes in the fourth quarter of fiscal year 2012, reflecting a 26% growth in crude steel production compared to the previous fiscal year’s fourth quarter.
