Industry
Latest News
Need Steel for a Sustainable Application? Swiss Steel Group Might Have One for You.
20 October 2020 - The Swiss Steel Group’s Deutsche Edelstahlwerke special steel plant is creating a branded portfolio of steels that it says are especially well suited for use in sustainable technologies.
LIBERTY Steel Looks to Acquire thyssenkrupp
19 October 2020 - LIBERTY Steel Group has put a non-binding offer on the table for thyssenkrupp’s steelmaking unit, saying that the combined companies would be in a better position to face Europe’s steel market challenges.
Forecast: Steel Demand Is Down, But Not as Much as First Feared
15 October 2020 - The World Steel Association has revised up its biannual global demand forecast, saying that a strong recovery in China will soften the overall impact of the COVID-19 pandemic.
ArcelorMittal Europe Launches Sales of Green Steel
15 October 2020 - ArcelorMittal Europe said it will have produced 30,000 metric tons of commercially viable green steel this year, a first step on its way to becoming a carbon neutral producer.
Direct-Firing Furnace Technology Wins Big at Fives’ Innovation Awards
15 October 2020 - A team that developed an innovative reheat furnace has taken home a special company honor for their work, reports process equipment manufacturer Fives.
The New Bronco: Built Ford Tough. With ArcelorMittal Steel.
14 October 2020 - When ArcelorMittal announced last month that it would divest most of its U.S. assets, it promised it would remain no less a player in the automotive steel market. A new announcement from the company seems to bear that out.
A New Era Begins for Rebuilt Stelco Blast Furnace
14 October 2020 - Canada’s Stelco has completed the reline of its Ontario blast furnace and has begun producing hot metal, the company has announced.
Report: EU Drafting Carbon Tax on Steel Imports
13 October 2020 - The European Commission is working on a plan to impose a carbon tax on imported steel, cement and electricity, reports the Reuters news service.
SMS group Lands Order for Bar Processing Line
13 October 2020 - Turkish bright bar producer Hasçelik San. Ve Tic. A.Ş has placed an order with SMS group for a new combined drawing line, the equipment supplier has said.
South Korean EAF Sees Efficiency Gains Through New Tech Package
09 October 2020 - South Korean special steel producer SeAH Besteel recently contracted Danieli to retrofit an electric arc furnace with a technology package aimed at improving process efficiency.
In Poland, ArcelorMittal Mothballs Two BFs. In Italy, It May Have a New Partner for Steel Works.
09 October 2020 - ArcelorMittal Poland will permanently close the hot end of its Krakow works, saying that there’s not enough demand, or market protection from unfairly traded imports, to support it, reports Kallanish Commodities.
POSCO Partners With ExxonMobil to Develop LNG Carriers
08 October 2020 - South Korean steelmaker POSCO has joined forces with oil and gas giant ExxonMobil to explore the use of high-manganese steel grades in the liquefied natural gas (LNG) industry, reports the Korea Herald newspaper.
ANDRITZ Receives Order for Train Wheel Production Line
08 October 2020 - EVRAZ joint venture Allegro has contracted ANDRITZ to supply a rail wheel production line capable of annually producing 200,000 train wheels.
Three Steel Companies Receive Ohio EPA Recognition
08 October 2020 - The three Ohio steel-producing facilities are among 19 organizations recognized for environmental stewardship by the Ohio Environmental Protection Agency.
Lights On: Financing for Steel Mill Solar Farm Completed
06 October 2020 - Solar power developer Lightsource bp has secured US$285 million in financing for a solar farm that will supply electricity to EVRAZ Rocky Mountain Steel, the company has announced.
Nippon Steel Plans BF Restart on Improving Demand
06 October 2020 - Japan’s Nippon Steel Corp. will restart a blast furnace that was idled earlier this year due to pandemic-driven declines in demand, reports commodities news and pricing service Argus.
Distributor Installs New Stretch Leveler
06 October 2020 - Kansas-based carbon steel distributor Steel and Pipe Supply has upgraded its Storage & Processors toll processing unit with a new stretch leveler from Delta Steel Technologies, the distributor reports.
ArcelorMittal Pledges to Achieve Carbon Neutrality
02 October 2020 - ArcelorMittal has announced a significant environmental goal: it intends to achieve carbon neutrality by 2050.
California Researchers Win Funding for H2 Steelmaking Project
02 October 2020 - The University of California, Irvine, (UCI) and partners have been award US$5.7 million in funding from the U.S. Energy Department to study the integration of renewably produced hydrogen in the steelmaking process.
Italian Steelmaker Ramps Up Record-Breaking Tenova EAF
02 October 2020 - Italy’s Acciaieria Arvedi has started up a new a Tenova Consteel electric arc furnace (EAF) and has begun ramping up the unit, reports the furnace’s builder, Tenova.
