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Latest News

ArcelorMittal to Undertake Mining Project in Liberia

13 September 2021 - The steelmaker signed a landmark agreement on Friday with the government of the Republic of Liberia for one of West Africa’s largest mining projects.

Vale’s New Green Briquette Lowers Emissions Up To 10%

10 September 2021 - Brazilian mining company Vale announced yesterday that it has developed a new iron ore briquette capable of cutting greenhouse gas emissions by up to 10%.

Liberty Steel Invests in New Pipe Coating Line

09 September 2021 - The company announced Wednesday that they are investing US$7.4 million in a coating line for pipes produced by its specialist unit in Galati, Romania.

World’s Largest Steelmaker Signs MoU for Possible Plate Mill JV in Saudi Arabia

09 September 2021 - Chinese steel giant Baoshan Iron & Steel Co. (Baosteel) has joined forces with the world’s largest oil-producing company to pursue development of a steel plate mill in Saudi Arabia, reports the Reuters news service.

Specialty Metals Processing Joins Ryerson Family of Companies

09 September 2021 - Ryerson Holding Corp. this week announced it has acquired Ohio-based toll processor Specialty Metals Processing (SMP).

Schnitzer Steel to Rely on On-Site Battery Energy Storage System

09 September 2021 - West Coast-based Schnitzer Steel Industries Inc. announced that it has contracted PowerFlex – an EDF Renewables Company to provide a 1,600-kW battery energy storage system at its Oakland, Calif., USA, facility.

SSAB’s Fossil-Free Steel To Be Used in Cargo Handling

08 September 2021 - Cargo and load handling solutions provider Cargotec has made plans to use SSAB’s fossil-free steel in its equipment, SSAB announced on Tuesday.

NLMK Group Partners With Gazprom Neft on Decarbonization

08 September 2021 - The steelmaker announced yesterday it has signed a memorandum of cooperation with one of Russia’s largest oil companies to work together on projects aimed at reducing climate footprint.

German Government to Provide Funding for ArcelorMittal’s Green Steel Plant

08 September 2021 - ArcelorMittal announced on Tuesday that the German government will be providing EUR55 million for Germany’s first industrial-scale hydrogen-based direct reduced iron plant.

SKF Acquires Rubico Consulting AB

07 September 2021 - SKF announced today that they have completed their acquisition of Rubico Consulting AB, an industrial consultancy firm.

AM/NS India Commissions Its Second 6-Million-Metric-Ton Pellet Plant

07 September 2021 - In a press release, the ArcelorMittal–Nippon Steel joint venture announced the commissioning of a second pellet plant at Paradeep, Odisha, which will double the capacity at the complex to 12 million metric tons.

AI-Based Automated Tapping System Developed in South Korea

07 September 2021 - Researchers from Pohang University of Science and Technology (POSTECH) have developed an artificial intelligence-based automated system for tapping using smart cameras, reports Aju Business Daily.

thyssenkrupp to Use Climate-Neutral Lime for Steelmaking

07 September 2021 - Lime and minerals supplier Lhoist Germany will supply thyssenkrupp Steel with climate-neutral lime products as part of the steelmaker’s ongoing decarbonization efforts, the companies announced today.

Danieli Installs New Cybersecurity System at ABS

02 September 2021 - Danieli Automation’s cybersecurity team designed and installed a custom platform to protect the Acciaierie Bertoli Safau (ABS) QWR4.0 wire rod mill against cyberattacks, Danieli said in a press release.

Emirates Steel Contracts Tata Consulting Engineers for HRC Plant

02 September 2021 - Tata Consulting Engineers Ltd. will serve as general designer for Emirates Steel’s new, fully automated hot-rolled coil (HRC) plant in the Middle East North Africa (MENA) region, according to a statement from Emirates Steel.

thyssenkrupp Steel Europe Extends Bernhard Osburg’s Contract as Chief Executive

01 September 2021 - Bernhard Osburg’s appointment as member of the executive board has been extended for another five years, thyssenkrupp announced in a press release.

LKAB Extends Hoist Service Agreement With ABB

01 September 2021 - Swedish iron ore miner LKAB has renewed an ABB service agreement for 12 hoists at its underground Kiruna mine.

SSAB Partners With Mercedes-Benz to Develop Fossil-Free Automotive Steels

01 September 2021 - Mercedes-Benz is the latest automotive brand to ink a deal with Swedish steelmaker SSAB to explore use of fossil fuel–free steel in its vehicles, SSAB reports.

Majestic Steel to Build Service Center on Nucor Steel–Arkansas Campus

31 August 2021 - Majestic Steel USA Inc. announced yesterday that it will build a 515,000-square-foot service center and processing facility on the campus of Nucor Steel–Arkansas.

Tenova Wins Order for Thin Plate Quench Line for WISCO

31 August 2021 - Wuhan Iron & Steel Co. Ltd. (WISCO) has contracted Tenova LOI Thermprocess to install a continuous quench line for thin plate, the equipment supplier reports.

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