Steel News

Jindal Steel Inaugurates New Hot Strip Mill

21 March 2024 - Jindal Steel Odisha Ltd. has rolled the first coil on its new SMS group-built hot-strip mill, the equipment supplier has announced.

ANDRITZ Lands Order for Processing Line Upgrade

20 March 2024 - ANDRITZ has been contracted to upgrade a 32-year-old push pickling line at Salzgitter Flachstahl, the company has announced.

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.

ArcelorMittal Buys Equity Position in Vallourec

13 March 2024 - ArcelorMittal has acquired a 28.4% equity stake in French tubemaker Vallourec, the steelmaker has announced.

New Slitting Line to Enhance thyssenkrupp Electrical Steel Production

07 March 2024 - thyssenkrupp Steel has commissioned a new slitting line in Motta Visconti, Italy, replacing an older line and boosting production of high-efficiency electrical steel for the automotive industry, the company has said.

JSW Steel Plans EUR143 Million Investment in Italian Rail Mill

07 March 2024 - JSW Steel has signed a memorandum of understanding (MOU) with Italy to restart a steel facility in Piombino, the company has announced.

SAIL, Primetals Technologies to Collaborate on Decarbonization

06 March 2024 - The Steel Authority of India Ltd. (SAIL) and Primetals Technologies have signed a memorandum of understanding to closely collaborate on projects and technologies related to decarbonization of the steelmaker’s Rourkela plant in Odisha, India.

Tenova Joins Green Hydrogen Trial

29 February 2024 - Tenova is partnering with two other Italian companies on a project intended to validate hybrid heating technologies for steel reheating, the equipment manufacturer has announced.

Egypt Considers Major Mill Investment

29 February 2024 - The Egyptian government is reviewing a proposal to establish a US$4 billion integrated steel mill in the country, reports the English language news website Ahram Online.

EU OKs Germany Plan to Support ArcelorMittal Project

29 February 2024 - The European Commission has signed off on Germany’s EUR1.3 billion financial aid package to ArcelorMittal in support of the steelmaker’s plan to decarbonize facilities there.

Salzgitter Divests Mannesmann Stainless Tubes Business

20 February 2024 - Italy's Cogne Acciai Speciali has acquired the Mannesmann Stainless Tubes Group from Salzgitter Ag for EUR135 million, Salzgitter said on Tuesday.

Hyundai Steel Opts for Fives Cooling System Solution

20 February 2024 - Hyundai Steel has contracted Fives to retrofit a continuous annealing and galvanizing line with a new cooling system, enabling it to produce third-generation, advanced high-strength steels.

Italy Moves to Repossess Its Largest Steelworks

20 February 2024 - The Italian government is placing the operator of the country's largest steelworks into extraordinary administration, removing control from majority owner ArcelorMittal.

Wanted to Buy: Hydrogen. And Lots of It.

19 February 2024 - thyssenkrupp Steel is soliciting bids for hydrogen to run its planned direct reduction plant, a first in the company’s decarbonization journey.

Slovakian Producer Completes Billet Caster Overhaul

19 February 2024 - Slovakia’s Železiarne Podbrezová mill recently restarted a billet caster after a planned outage that lasted less than four weeks, completing the replacement of an existing carbon steel cooling chamber with a new stainless steel one.