Raw Materials
Latest News
Scrap, DRI Will Be Harder to Come by in the Future
29 September 2022 - As more steelmakers shift their production technologies in step with decarbonization efforts, global scrap demand could increase by an additional 223 million metric tons annually, according to a forecast from Boston Consulting Group.
Report: Middle East, North Africa Has Potential to Be Green Steel Leader — If It Acts Fast
22 September 2022 - The Middle East and northern Africa (MENA) could be a world leader in green steel production, if it makes prompt investments in renewable energy and green hydrogen, according to a new report from the U.S.-based Institute for Energy Economics and Financial Analysis.
Commercial Metals Company Expands Internal Scrap Supply
19 September 2022 - Long products maker Commercial Metals Company (CMC) has acquired a California-based scrap processor and broker to help secure an in-house supply for its expanding Arizona operations.
Tata Steel Plans 750K-Ton Rebar Mill, DRI Plants
29 August 2022 - Tata Steel has signed a memorandum of understanding with the Indian state of Punjab to build a greenfield rebar mill and has contracted for the design of direct reduction plants in Europe.
U. S. Steel Targets Keetac Mine for Upgrade
01 August 2022 - United States Steel Corporation posted a stand-out second quarter on Friday and announced that it had chosen its Keetac iron ore mine for a US$150 million investment.
Nippon Steel Signs Collaboration Agreement
18 July 2022 - Coal and iron ore miner Anglo American has agreed to work with Nippon Steel Corp. on making less CO2-intensive steel, the companies have said.
Space Tech Startup Discovers Path to Carbon-Free Iron Production
15 July 2022 - Helios, an Israeli startup exploring paths to develop on-site oxygen resources for future lunar missions, has raised US$6 million in seed funding to adapt their technology to another, unexpected goal: to create an emission-free future for the steel industry.
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.
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.
Salzgitter, Iron Ore Miners Cooperating on Making Better Iron Inputs
06 June 2022 - Salzgitter AG has signed technical cooperation agreements with iron ore miners LKAB in Sweden and Rio Tinto in Australia to develop high-quality iron ore pellets the steelmaker will need to achieve its decarbonization goals.
U.K. Mill Testing Biomass-Based Coke
01 June 2022 - U.K.-based LIBERTY Specialty Steels is trialling a new biomass-based coke at its Rotherham facility, according to the company that makes it.
SDI to Acquire Mexican Scrap Recycler
16 May 2022 - Steel Dynamics Inc. today announced it has entered into an agreement to acquire the equity interest of scrap metals recycling business ROCA ACERO S.A. de C.V. ("ROCA"), based in Monterrey, Mexico.
Vale, Nippon Steel Sign MoU to Develop Steelmaking Decarbonization Solutions
26 April 2022 - Vale announced today it has signed a memorandum of understanding (MoU) with Nippon Steel to explore ironmaking solutions focused on carbon-neutral steelmaking.
ArcelorMittal Acquires Majority Stake in voestalpine’s Texas HBI Plant
14 April 2022 - Luxembourg-based steelmaker ArcelorMittal announced today it has acquired an 80% stake in voestalpine’s hot briquetted iron (HBI) facility in Corpus Christi, Texas, USA.
voestalpine Nearing Sale of Majority Stake in Texas HBI Mill
11 April 2022 - The steelmaker is in advanced discussions to sell 80% of its stake in its Corpus Christi, Texas, USA, hot briquetted iron (HBI) mill, according to an official press release.
Vale Commences Work on Green Pig Iron Plant in Brazil
06 April 2022 - In a ceremony yesterday, Vale marked the start of construction of Tecnored's first commercial green pig iron plant in Marabá, Pará, Brazil.
Metso Outotec Contracted for Indian Iron Ore Pellet Plant
04 April 2022 - In an order valued at EUR 30 million, Metso Outotec will provide an iron ore grate kiln pellet plant to Jindal Steel Odisha Ltd. (JSOL), a subsidiary of Jindal Steel & Power Ltd. (JSPL) in Angul in eastern India.
Not Just Your Morning Pick-Me-Up: Steel Researchers Use Coffee Grounds in Green Steel Breakthrough
25 March 2022 - Researchers at the University of New South Wales' (UNSW) Centre for Sustainable Materials Research and Technology (SMaRT) have published findings that show various wastes, including coffee grounds, can be used in the manufacture of green steel.
Tenova to Build Largest Hydrogen DRI Plant in China for Baowu Group
03 March 2022 - Sinosteel Engineering & Technology Co. Ltd. has partnered with Tenova to build a 1-million-metric-ton direct reduced iron (DRI) plant for China’s Baosteel Zhanjiang Iron & Steel Co. Ltd., Tenova reports.
Metalloinvest Launches Ore Beneficiation Pilot Plant
21 December 2021 - Metalloinvest announced last week the launch of a pilot plant at Mikhailovsky GOK intended to model iron ore beneficiation processes and develop new high-quality products.
