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Latest News

Bill Gates-Backed Startup Aims to Power Heavy Industry With Renewable Thermal Batteries

18 February 2022 - Antora Energy, an energy startup committed to decarbonizing industries like steel through thermal battery technology, has received the financial backing of Bill Gates’ Breakthrough Energy Ventures, CNBC reports.

Metinvest to Spend US$1.2 Billion in Modernizations

17 February 2022 - The company announced yesterday it will continue to invest in environmental modernizations at its facilities in Ukraine, in excess of US$1.2 billion.

ArcelorMittal Dofasco Decarbonization Project Gets Additional Government Investment

16 February 2022 - The Government of Ontario is investing CA$500 million in the decarbonization project at ArcelorMittal Dofasco, the company announced yesterday.

Biden Administration Unveils Plans to Accelerate Clean Hydrogen Production

16 February 2022 - The White House yesterday announced the Biden administration is undertaking new actions to support American leadership on clean manufacturing, which will include ramping up the production of clean hydrogen.

H2Stahl Project to Begin at thyssenkrupp Steel

16 February 2022 - The H2Stahl project, funded by Germany’s Federal Ministry for Economic Affairs and Climate Action, is to start at thyssenkrupp Steel’s Duisburg site, the steelmaker has announced.

Nippon Steel to Explore Emissions Reduction Through Liquefied CO2 Capture and Storage

16 February 2022 - The Japanese steelmaker will investigate the potential use of liquefied carbon dioxide capture and transport technology to eliminate up to 5 million metric tons of its emissions per year.

Primetals Technologies Receives Final Acceptance for Ladle Treatment Stands

15 February 2022 - Germany’s Hüttenwerke Krupp Mannesmann GmbH (HKM) has granted final acceptance for two new ladle treatment stands from Primetals Technologies, the equipment supplier announced today.

Hyundai Steel Mass Produces 1.8 GPa Hot Stamping Steel

15 February 2022 - The Korean steelmaker announced last week it has successfully achieved volume production of super-strong hot stamping steel.

SDI Cuts Ribbon on Sinton Facility

14 February 2022 - In a ceremony last week, company executives, local officials and Texas Governor Greg Abbott cut the ribbon on Steel Dynamics’ 1.2-million-square-foot facility in Sinton, Texas, USA.

Report: Ecolant Breaks Ground on DRI-Fed EAF Steel Plant in Russia

14 February 2022 - Ecolant, a company of OMK owner Anatoly Sedykh, has broken ground on a Rb150 billion (US$2 billion) direct reduced iron–fed electric arc furnace mill in Vyksa, Russia, according to S&P Global Platts.

Cleveland-Cliffs Reports Q4 and Full-Year 2021 Earnings

11 February 2022 - Cleveland-Cliffs Inc. today announced its 2021 full-year earnings of US$5.36 per diluted share, compared to a net loss in 2020 of $0.32 per diluted share. Fourth-quarter net income was US$1.69 per diluted share, compared to US$0.14 per diluted share for the same period in 2020.

MMK Ranked Among World’s Most Sustainable Steelmakers by S&P Global

11 February 2022 - Russia’s Magnitogorsk Iron & Steel Works (MMK) has been named by S&P Global as one of the world’s top companies for sustainability initiatives, the steelmaker announced today.

U. S. Steel Breaks Ground on Arkansas Mill

10 February 2022 - United States Steel Corporation has broken ground on its planned electric arc furnace (EAF)-based flat-rolled mill, celebrating the start of a US$3 billion project the company says will accelerate its transformation.

The Systems Group Tapped for EVRAZ Rocky Mountain Steel EAF Upgrade

10 February 2022 - The Systems Group has received an order for new electric arc furnace (EAF) spray cooling equipment and a comprehensive engineering package for EVRAZ North America’s Pueblo, Colo., USA, operations, the supplier announced this morning.

Primetals Technologies Selected to Upgrade Turkish Wire Rod Mill

10 February 2022 - Turkish metals producer Ege Çelìk Endüstrisi Sanayi ve Ticaret A.Ş. has contracted Primetals Technologies to upgrade its wire rod mill located in İzmir.

Tata Steel to Build Mini Steel Recycling Plants

09 February 2022 - According to top company officials, Tata Steel is gearing up to build small-sized factories to make reinforced steel from scrapped automobiles and other products.

Danieli Wins Contract for Long Products Mill From Yukun I&S

09 February 2022 - The equipment supplier’s scope of supply will include four new casters and seven new rolling mills for bar and wire rod for a project in Eshan county, China.

Tenaris to Revive Heat Treating Line at Koppel Steel Works

08 February 2022 - The heat treatment line at Tenaris’ Koppel, Pa., USA, tube mill will return to operation in April after more than two years of inactivity, the steelmaker has announced.

U.S. Reaches Deal With Japan to Cut Steel Tariffs

08 February 2022 - The two countries announced on Monday the removal of tariffs on approximately 1.25 million metric tons of Japanese steel imports per year.

U. S. Steel Joins Effort to Develop Low-Carbon Industrial Hub in Northern Appalachia

07 February 2022 - United States Steel Corporation has teamed up with six major industrial players in an effort to establish a new hub for decarbonization technology in Ohio, Pennsylvania and West Virginia.

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