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SMS group to Provide Transnational Networking Solution for SSAB
27 August 2021 - Swedish steel producer SSAB has tapped SMS digital with providing a network of digital solutions to better facilitate the exchange of data between its facilities in Finland and Sweden, according to SMS group.
British Steel Unveils Its Single-Largest Investment in More Than 30 Years
26 August 2021 - Yesterday the steelmaker announced a £100 million investment by Jingye Group, which includes a £26 million project for new downstream processing facilities at its Skinningrove site.
Cleveland-Cliffs’ Next Big Moves: Scrap, Electrical Steel
26 August 2021 - Cleveland-Cliffs Inc. is preparing to enter the steel scrap business and plans to modernize its electrical steel plant in Pennsylvania, chairman and chief executive Lourenco Goncalves said on Monday.
Cleveland-Cliffs Sees Success With COVID-19 Vaccination Incentive Program
25 August 2021 - The largest flat-rolled steelmaker in North America has seen its employee COVID-19 vaccination rate more than double in less than two months thanks to a new incentive program.
Primetals Technologies, MHI Australia Join Research Center to Decarbonize Heavy Industry in Australia
25 August 2021 - Primetals Technologies announced today that it has joined Australia’s Heavy Industry Low-Carbon Transition Cooperative Research Centre (HILT CRC), along with Mitsubishi Heavy Industries (MHI) Australia, to conduct research and development into hydrogen-based direct reduction of iron ore.
Tenova CEO Reconfirmed to ESTEP Board
25 August 2021 - In a statement on Tuesday, Tenova reported that Roberto Pancaldi’s role as vice president on the board of the European Steel Technology Platform (ESTEP) has been reconfirmed.
Nippon Steel Unveils New High-Corrosion-Resistant Coated Steel
25 August 2021 - The new product is slated to hit the market in October, and boasts double the resistance in flat areas than conventional high-corrosion-resistant steels, Nippon Steel announced on Tuesday.
Algoma Closes in on EAF Investment Decision
24 August 2021 - Integrated steelmaker Algoma Inc. is nearing a final investment decision on its proposed transition to electric steelmaking, the company’s chief executive has said.
thyssenkrupp Contracts SMS group for Annealing Line Build
24 August 2021 - SMS group has landed an order for a 200,000-metric-ton, electrical-strip annealing and insulating line from thyssenkrupp Steel Europe, the equipment manufacturer announced on Monday.
Nucor Brings Steel Racking Maker Into the Fold
24 August 2021 - Nucor Corp. has finalized its US$370 million acquisition of steel racking maker Hannibal Industries, the steelmaker announced on Monday.
JSW Steel Targets a Reduction in CO2 Emissions
24 August 2021 - Indian steel producer JSW Steel is set on reducing its emissions to 1.95 metric tons CO2 per metric ton by 2030, which correlates to a 23% decrease compared to 2020 levels, reports the Business Standard.
New Chinese Merger Creates Third-Largest Steelmaker in the World
23 August 2021 - China’s Anshan Iron & Steel has officially acquired Benxi Iron & Steel, creating the third-largest steelmaker in the world and the second-largest in China, reports S&P Global Platts.
Ternium, Vale to Partner on Decarbonization Solutions
23 August 2021 - The companies have signed a memorandum of understanding for the development of solutions to reduce CO2 emissions, Ternium announced in a press release.
Sale of American Zinc Recycling Closes
20 August 2021 - Befesa S.A., a provider of hazardous waste recycling services, closed its US$450 million purchase of American Zinc Recycling Corp. (AZR) and now owns 100% of the business.
Tata Steel Commissions New Steel Recycling Plant
20 August 2021 - The Indian steel producer has commissioned a new 0.5-million-metric-tons-per-year steel recycling plant at Rohtak, Haryana.
Merit Steel USA Acquired by Majestic Steel USA
20 August 2021 - Majestic Steel USA Inc. announced the acquisition of the West Coast-based Merit Steel USA.
Nearing First Heats on New EAF, North Star Eyes HSM Improvements
19 August 2021 - U.S.-based North Star BlueScope Steel said it is laying plans for a potential AU$100 million (approximately US$71.6 million) project to lift its hot strip mill capacity.
Annika Roos Tapped to Lead Jernkontoret
18 August 2021 - The association of Swedish steelmakers, Jernkontoret, has named Sandvik’s Annika Roos as managing director, reports Kallanish Commodities.
ATI Sells Off Flowform Products Business
18 August 2021 - Allegheny Technologies Inc. (ATI) announced this week the sale of its Flowform Products business unit to Consolidated Boring Inc. for US$55 million in cash.
Tata Steel Expresses Interest in Purchasing RINL
18 August 2021 - According to its chief executive, Tata Steel is interested in acquiring state-owned Rashtriya Ispat Nigam Ltd. (RINL).