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Latest News

TMK Supplying 15,000 Metric Tons of Pipe to New Project in Turkmenistan

27 October 2021 - Türkmengaz, the national gas company of Turkmenistan, has contracted TMK to supply 15,000 metric tons of pipe for a new gas turbine power plant project currently under construction in Turkmenistan’s eastern Lebap Region.

ArcelorMittal Differdange Home to New Floating Solar Farm

27 October 2021 - A former cooling pond owned by ArcelorMittal Differdange is now filled with 25,000 m2 of solar panels and is Luxembourg’s first floating solar farm.

ABB Unveils AI-Based Asset Performance Management Package

26 October 2021 - Technology provider ABB today announced the launch of its ABB Ability™ Genix Asset Performance Management Suite, which may enable users to reduce machine downtime by nearly half through artificial intelligence (AI).

Researchers Find Way to Improve Steel’s Wear Resistance in Seawater

26 October 2021 - Working within the framework of a Russian Science Foundation project, scientists have proposed a method of enhancing the protection of steel surfaces within marine and coastal infrastructure.

Smart Steel Technologies Sets Up Shop in U.S.

26 October 2021 - The provider of artificial intelligence applications announced the opening of its North American branch in Cincinnati, Ohio, USA.

Acciaierie d'Italia and NextChem Announce Collaboration

25 October 2021 - Italy's Acciaierie d'Italia, jointly owned by ArcelorMittal and Invitalia, and NextChem, a subsidiary of Maire Tecnimont S.p.A., are to conduct a feasibility study of circular gas at the steelmaker’s Taranto mill.

Salzgitter AG’s Green Steel to Become Staple at The Miele Group

25 October 2021 - In an effort to become carbon neutral before the end of the year, The Miele Group will be utilizing Salzgitter AG’s green steel in its appliances.

Cleveland-Cliffs Announces Record Third-Quarter Results

22 October 2021 - The company today reported consolidated revenues of US$6 billion and net income of US$1.3 billion for the quarter ending 30 September 2021.

BMW Group Partners With H2 Green Steel to Help Reduce CO2 Emissions

21 October 2021 - BMW Group has reached an agreement with H2 Green Steel, a Swedish steel startup, to push forward with reducing CO2 emissions within its supply chain.

POSCO Develops New Specialty Steel Pipes

21 October 2021 - POSCO has produced specialized steel pipes to transport hydrogen which make transportation of it safer, the company has announced.

Metalloinvest Partners With Primetals Technologies, Midrex on HBI Plant

21 October 2021 - According to Midrex Technologies Inc., the three companies have signed a contract for construction of what they are reporting will be the world’s largest hot briquetted iron (HBI) facility in Gubkin, Russia.

Nucor Reports Record Quarter, Expects Another

21 October 2021 - Nucor Corp. has reported record earnings in each consecutive quarter in 2021, and the company announced today it expects the same for the fourth quarter and possibly into 2022, citing strong demand and higher average selling prices.

thyssenkrupp Materials Services Commits to Going Climate-Neutral by 2030

21 October 2021 - The company announced yesterday it will hit its target of climate-neutral operations by 2030, about 20 years earlier than it had originally reported.

JSHL Commissions Precision Strip Mill in Expansion Plan

21 October 2021 - Jindal Stainless (Hisar) Ltd. (JSHL) yesterday commissioned a 26,000-metric-tons-per-year precision strip mill, bringing the capacity of its Specialty Products Division to 48,000 metric tons per year.

Tenaris to Reduce Emissions Through Energy Management Plan

21 October 2021 - The company announced it is implementing an energy investment plan that will increase efficiency across its facilities worldwide and help Tenaris lower its carbon emissions intensity.

SKF Pledges Net-Zero Supply Chain by 2050

20 October 2021 - Bearings provider SKF announced today its commitment to a supply chain with net-zero greenhouse gas emissions by reducing CO2 emissions and sourcing steel from carbon-neutral steel plants.

Algoma Once Again Is a Publicly Traded Company

20 October 2021 - Algoma Steel and the entity created to buy the Canadian steel producer have finalized the sale, marking the start of a new chapter for Algoma.

SDI Reports Record Third Quarter

20 October 2021 - In an investors call earlier this week, Steel Dynamics Inc. (SDI) chairman and chief executive Mark Millett said the company saw third-quarter net sales of a record US$5.1 billion and net earnings of US$991 million.

Tenaris Brings Baytown Back On-Line

20 October 2021 - The company announced earlier this week it has restarted its plant in Baytown, Texas, USA, the latest in a series of restarts within the company.

Tokyo Steel Grants Final Acceptance of AMI EAF Optimization System

19 October 2021 - AMI Automation announced its SmartFurnace® received final acceptance from Tokyo Steel for its 420-metric-ton, 256-MVA DC electric arc furnace (EAF) at the company’s Tahara works.

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