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Latest News

Forecast: Renewable Energy Will Increase Global Steel Demand

04 October 2022 - New solar and wind farms are expected to drive new steel demand of 2% annually by 2030 and 4% by 2050, according to a new forecast from iron ore miner BHP Group Ltd.

Scrap, DRI Will Be Harder to Come by in the Future

29 September 2022 - As more steelmakers shift their production technologies in step with decarbonization efforts, global scrap demand could increase by an additional 223 million metric tons annually, according to a forecast from Boston Consulting Group. 

AM/NS India JV Plans US$5 Billion Investment to Boost Capacity

29 September 2022 - The planned investment, which will include two new blast furnaces, is expected to increase crude steel capacity by 6 million metric tons per year at the Hazira facility, according to the Reuters news agency.

Nucor Announces Construction of Two New Galvanizing Lines

28 September 2022 - A 500,000-ton-capacity galvanizing line will be constructed at Nucor Steel–Berkeley in South Carolina, with another to be constructed in the western United States, the company announced today.

Siderúrgica Huachipato Signs On for Digitalization Project With SMS digital

27 September 2022 - SMS digital has entered into an agreement to provide a package of advanced digital services for the Siderúrgica Huachipato’s Talcahuano facility in Chile to help the company achieve efficiency cost savings.

HYBRIT Hydrogen Storage Facility Is Up and Running

27 September 2022 - The first of its kind for storing fossil-free hydrogen gas, the rock cavern storage facility in Luleå, Sweden, is now operational, SSAB announced.

LIBERTY Ostrava Plans CZK 88 Million Investment to Reduce Sinter Plant Dust Emissions

27 September 2022 - The investment will include the installation of a new exhaust pipeline at LIBERTY Ostrava’s sinter plant north, aiming to reduce fugitive emissions by around 46%.

Rio Tinto, Shougang Group Sign Decarbonization MoU

27 September 2022 - Iron ore miner Rio Tinto and China’s Shougang Group have shaken hands on a new memorandum of understanding (MoU) intended to further development of decarbonization solutions for the steel industry.

Paul Wurth To Install First Stamp-Charged Coke Battery in Japan for JFE Steel

27 September 2022 - Japan’s JFE Steel Corp. has tapped Paul Wurth IHI to supply a new stamp-charged coke oven battery at its Fukuyama works, marking the first time the technology will be installed in the country.

Danieli Provides Electromagnetic Stirrers in Brazil

26 September 2022 - Brazilian steelmaker Aço Verde Brasil tapped Danieli for new in-mold electromagnetic stirrers in its continuous casting machine, according to the equipment supplier.

Swiss Steelmaker Taps AMI Automation for Electrode Regulation System

26 September 2022 - Stahl Gerlafingen contracted AMI Automation to upgrade the electrode regulation system (ERS) for its secondary steelmaking process, which the equipment supplier completed earlier this year.

Report: Middle East, North Africa Has Potential to Be Green Steel Leader — If It Acts Fast

22 September 2022 - The Middle East and northern Africa (MENA) could be a world leader in green steel production, if it makes prompt investments in renewable energy and green hydrogen, according to a new report from the U.S.-based Institute for Energy Economics and Financial Analysis.

Nucor Begins Pursuit of LEED Certification for New Plate Mill 

20 September 2022 - Nucor Corp. has formally declared its intention to seek LEED certification for its Brandenburg, Ky., USA, plate mill, the company said on Tuesday. 

SSAB, Oshkosh Team Up on Fossil-Fuel-Free Steel Applications

20 September 2022 - U.S.-based specialty truck and equipment maker Oshkosh Corp. is partnering with SSAB to use fossil-fuel-free steel in commercial vehicles.

Decarbonization Will Require Massive Amounts of Energy – and Money

20 September 2022 - According to Director General of the European Steel Association (EUROFER) Axel Eggert, the decarbonization of the steel industry will require a level playing field, affordable low-carbon energy sources and financial support.

Commercial Metals Company Expands Internal Scrap Supply

19 September 2022 - Long products maker Commercial Metals Company (CMC) has acquired a California-based scrap processor and broker to help secure an in-house supply for its expanding Arizona operations. 

thyssenkrupp Materials Services Expands North American Footprint

19 September 2022 - thyssenkrupp Materials Services is investing US$37 million in a new service center meant to support automotive customers. 

Biden Administration Launches Effort to Boost Green Construction Materials 

16 September 2022 - The U.S. federal government will prioritize the purchase of green steel and other low-CO2 construction materials as part of a broader effort to reinvigorate American manufacturing. 

U. S. Steel Leans into Market Headwinds

16 September 2022 - United States Steel Corporation expects to report adjusted net earnings of somewhere between US$1.90 and US$1.95 per diluted share this quarter, even as market headwinds begin to impact the business, the company has said.  

Hyundai Steel Reports Successful Trial of Low-CO2, High-Strength Steel

16 September 2022 - South Korea’s Hyundai Steel Co. said it has successfully produced 1-gigapascal steel sheet using an electric arc furnace (EAF). 

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