Raw Materials
Latest News
Plastics Recycler Plans Facility to Make Coke Alternative
05 September 2024 - The U.S. Energy Department has conditionally agreed to guarantee a loan of up to US$182.6 million to Pennsylvania-based International Recycling Group (IRG), which is looking to build facilities that would produce a plastics-based coking coal alternative.
Midrex, Vale to Further Develop Use of Iron Ore Briquettes in DRI Furnaces
05 September 2024 - Midrex Technologies Inc. has signed a technical cooperation agreement with iron ore miner Vale, allowing the two companies to further collaborate on a technical solution for the use of iron ore briquettes in direct reduction plants.
German Producer Issues FAC on New Scrap Cutting System
27 August 2024 - German special steel producer Lech-Stahlwerke (LSW) has signed the final acceptance certificate for a an innovative scrap torch-cutting machine at its plant in Meitingen, according to the machine's builder, Primetals Technologies.
CONSOL, Arch Agree to Join Forces
21 August 2024 - Coal miners Arch Resources Inc. and CONSOL Energy Inc. have agreed to merge, creating a US$5 billion company producing both high-quality thermal and metallurgical coal.
JSW Buys Into Australian Met Coal Miner
14 August 2024 - JSW Steel Ltd. is taking an indirect stake in Australian metallurgical coal miner Illawarra Metallurgical Coal and will sign an offtake contract with the business, the company has announced.
Report: EU Sees Mixed Progress on Creating Green Hydrogen Market
30 July 2024 - The European Union took an early lead in moving to establish a regional green hydrogen economy, setting as a goal to produce and import 20 million metric tons by 2030.
Australia's Iron Ore Miners Need a Plan
30 July 2024 - Iron ore is Australia’s most exported commodity. But with demand from China looking to be on the decline and with new iron ore capacity set to come on-line in other parts of the world, the Australian industry should take time to reevaluate its strategy, according to a report from the Institute for Energy Economics and Financial Analysis.
Salzgitter Eyes 2026 Start of New Scrap Shredding Plant
04 April 2024 - Salzgitter has commissioned construction of an EUR30 million scrap shredding plant at its Salzgitter work in Germany, the company has said.
Steel Producer Issues Call for Green Hydrogen
27 March 2024 - Stahl-Holding-Saar (SHS), which owns steel producers Dillinger and Saarstahl, is seeking bids for renewable hydrogen to be used in a planned direct reduction plant at its Dillinger steel mill, according the online publication Hydrogen Insight.
U.S. DRI Projects Receive Federal Support
25 March 2024 - Cleveland-Cliffs Inc., SSAB and Vale will share up to US$1.4 billion in federal funding supporting several proposed decarbonization projects.
Japanese DRI Demonstration Project Selects ENERGIRON Technology
20 March 2024 - Tenova and Danieli will lend their ENERGIRON direct reduction technology to a demonstration project intended to test full hydrogen reduction with low-grade iron ore.
A Scrap Shortage Is Coming. Steel Producers Should Act Now, Says Boston Consulting Group
14 March 2024 - A global 9-million-metric-ton scrap surplus could become a 15-million-metric-ton deficit by 2030 as more producers adopt EAF technology to meet decarbonization goals, according to a new forecast from the Boston Consulting Group.
Nucor Signs Five-Year Pellet Agreement
14 March 2024 - Nucor Corp. has reupped a commercial agreement with Brazilian iron ore miner Samarco, signing a five-year supply agreement for iron ore direct reduction pellets.
Great Lakes' Soo Locks Open Next Week
11 March 2024 - It’s an unmistakable sign of spring – iron ore shipping resumes on the Great Lakes. And this year, the season is beginning early. According the (Minneapolis, Minn.) Star-Tribune, the Soo Locks, a gateway between Lake Superior and the lower Great Lakes, will open on 22 March, three days ahead of schedule.
POSCO, Nippon Steel Finalize Stakes in Canadian Met Coal Business
04 January 2024 - Nippon Steel Corp. and POSCO have closed on acquisitions of minority stakes in Teck Resources Ltd.'s metallurgical coal operation.
ArcelorMittal Commissions Demonstration Bio-Coal Plant
20 December 2023 - ArcelorMittal Belgium has commissioned a facility that converts waste wood into bio-coal for use in its Gent blast furnace, the company has announced.
U. S. Steel Readies DR-Grade Pellet Plant for Production
15 December 2023 - United States Steel Corporation is expecting to produce the first batches of low-silica iron ore pellets at the first of the year, following a US$150 million upgrade at its Keetac facility in Minnesota.
Vale Inaugurates Iron Ore Briquetting Plant
12 December 2023 - Vale has cut the ribbon on its first-ever iron ore briquette plant, a milestone achievement that will help the company and its steelmaking customers lower their air emissions.
Deacero Orders Five Scrap Shredders
15 November 2023 - Mexican long products producer Deacero has placed an order with Danieli Centro Recycling for five shredding plants to process light domestic scrap and car bodies, according to the equipment supplier.
POSCO, Nippon Steel Acquire Stake in Canadian Met Coal Miner
14 November 2023 - Canadian miner Teck Resources Ltd. has agreed to sell its metallurgical coal business to a group led by Glencore plc through a deal valuing the business at around US$9 billion.
