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Industry
Latest News
Hydrogen Hub Coming to Tangshan, China, in 5-Billion-Yuan Investment
11 July 2022 - The local administration of the Beijing-Tianjin-Hebei area will have a hub for the production of hydrogen by 2023, according to online news service Energy News.
China Sees Falling Steel Demand, Rising Inventories
07 July 2022 - China’s steel inventories have swelled to 23% more than year-ago levels as producers raise alarms over weakening demand, reports the Bloomberg news service.
Swiss Steel Inks Hydropower Purchase Agreement
07 July 2022 - The Swiss Steel Group has reached a decarbonization milestone, switching its Steeltec special steel mill fully over to hydroelectric power.
ArcelorMittal Finalizes HBI Plant Purchase
07 July 2022 - ArcelorMittal has completed its acquisition of a majority stake in a Texas hot briquetted iron (HBI) plant, the company reports.
Danieli Details Rod, Bar Plant Modernization Project
07 July 2022 - Rebar and wire rod producer Optimus Steel is set to bring on-line a new bar finishing line next year as it targets a 2024 completion to an ongoing rolling mill modernization, reports the equipment supplier on the project.
Tenova Lands Order for SouthEast Asia Meltshop
06 July 2022 - Tenova has won a contract to outfit a new meltshop in the Philippines, marking the introduction of its Consteel Evolution EAF technology to the country.
Environmental Court Grants Permissibility to Swedish Green Mill
06 July 2022 - H2 Green Steel, a start-up producer that is planning to build a hydrogen-based mill in Sweden, has cleared a regulatory hurdle and plans to start work later this month, the company has announced.
Long Products Maker Under New Leadership
06 July 2022 - Charter Manufacturing has named a veteran manufacturing executive to head its wire rod and special bar quality operation, the company has announced.
JFE Steel to Test CO2 Utilization Technologies in Two R&D Projects
01 July 2022 - JFE Steel Corp. recently announced it is moving forward with two R&D projects to develop technologies that will utilize CO2 in steelmaking processes that are expected to help the company achieve carbon neutrality.
Polish Rebar Producer Taps Danieli Spooler Line, Light-Section Mill
01 July 2022 - Danieli announced this week that rebar, merchant and quality steel bar producer Cognor has selected the company to supply a new spooler line and a new light section mill at its bar mill in Krakow, Poland.
New voestalpine Mill About to Make Its Debut
30 June 2022 - voestalpine is preparing to start its highly automated special steel plant in Kapfenberg, Austria, bringing to an end a project that has been four years in the making.
Consortium Reveals Plans for Hydrogen-Fed DRI Plant
30 June 2022 - A consortium that includes Primetals Technologies announced plans on Thursday to invest EU2.2 billion in a hydrogen electrolysis plant and associated direct reduced iron plant in France.
Fabricator Inaugurates Solar Farm Components Facility
28 June 2022 - Solar farm technology specialist Nextracker and its manufacturing partner have cut the ribbon on a Pittsburgh, Pa., USA, production facility that will make steel components for large-scale solar facilities.
U. S. Steel to Sell Two BFs, Hints at DRI Plant Under New Raw Materials Plan
28 June 2022 - United States Steel Corporation is expanding its raw materials capabilities, unveiling an upgrade to one of its Minnesota iron ore mines on Tuesday and saying that a direct reduction plant could be in its future. In addition, the company revealed a potential agreement to repurpose its Granite City, Ill., USA, blast furnaces.
JSW Steel Orders Grinding, Inspection Facility
27 June 2022 - Danieli has bagged an order from JSW Steel for a new slab grinding and inspection facility, which will be installed at the steelmaker’s Dolvi plant in Maharashtra, India.
Steelworkers Local Casting Ballots on Strike Authorization
27 June 2022 - Contract negotiations between Stelco and United Steelworkers at the company’s Nanticoke, Ont., plant in Canada have stalled, with union workers voting Monday on whether to authorize a strike, should negotiators deem one necessary.
Nucor Finalizes US$3 Billion Acquisition
24 June 2022 - Nucor Corp. has closed on its US$3 billion acquisition of C.H.I. Overhead Doors, completing a sale that expands its downstream steel products business.
Algoma Profit Share Sets New Record
24 June 2022 - Algoma Steel’s employee profit sharing program has set a new company record for the highest amount awarded to employees.
AIST Life Member Picked to Lead AISI Automotive Program
23 June 2022 - The American Iron and Steel Institute has named quality assurance expert and AIST Life Member Christopher Kristock to head its automotive program, the trade group has announced.
SMS group Incoming Orders Reach 10-Year High
23 June 2022 - Mill equipment manufacturer SMS group said its order intake rose to its highest level in a decade, reaching EU3.5 billion in fiscal 2021.
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