Steel News

Tata Steel UK Orders Tenova EAF

21 October 2024 - Tenova has received an order from Tata Steel UK for a high-productivity electric arc furnace, the equipment manufacturer reports.

European Commission OKs Sweden’s Financial Support for SSAB Project

21 October 2024 - The European Commission has approved Sweden’s plan to provide a EUR128 million grant to SSAB’s mini-mill project in Luleå.

Former thyssenkrupp Executive to Lead Salzgitter Flachstahl

17 October 2024 - Salzgitter Flachstahl GmbH has named Heike Denecke-Arnold as management board chair, succeeding Ulrich Grethe, who is retiring.

ArcelorMittal Signs Long-Term Supply Agreement for Renewably Produced Steel

17 October 2024 - Roof window manufacturer VELUX Group has signed a 10-year commercial agreement with ArcelorMittal for renewably produced steel.

World Steel Association Forecast Points to a Down Year for Steel Demand

17 October 2024 - The World Steel Association has revised down its 2024 demand outlook, saying it now expects the world to require 1.75 billion tons this year.

JSW Steel to Explore Carbon Capture at Vijayanagar Plant

16 October 2024 - JSW Steel, iron ore miner BHP and carbon capture solutions provider Carbon Clean have signed an agreement to jointly study a carbon capture solution.

SHS Group Chooses Technology Suppliers for Process Conversion

16 October 2024 - Germany’s SHS Group has awarded contracts for a direct reduction plant and two electric arc furnaces, the central components of a decarbonization project at its Dillinger/Saar and Völklingen plants.

Chinese Exports on Pace for 100M Metric Tons in 2024

15 October 2024 - With three months still to go in 2024, Chinese steel exports to the rest of the world have reached 81 million metric tons, up 21% from 2023, reports the Bloomberg news service.

Jindal Group to Acquire Czech Republic’s Vítkovice Steel

09 October 2024 - Czech plate producer Vítkovice Steel is being acquired by India’s Jindal Group, which plans to invest up to EUR150 million in the Ostrava company.

SSAB Contracts Engineering Partner for Mini-Mill Build

08 October 2024 - SSAB has selected Swedish engineering firm AFRY as its main engineering partner for its Luleå mini-mill project.

Report: thyssenkrupp Re-Examines Plans for Hydrogen DRI Furnace

07 October 2024 - thyssenkrupp AG is said to be reviewing plans for its billion-euro project to convert from traditional blast furnace ironmaking to hydrogen-fueled ironmaking.

ArcelorMittal Celebrates Start of EUR76 Million Ladle Furnace

03 October 2024 - ArcelorMittal’s Fos-sur-Mer plant in France has inaugurated a new ladle furnace, a milestone event that the company says will contribute to the European steel industry’s energy transition.

Vale Selects Partner for Electrolyzer Feasibility Studies

03 October 2024 - Iron ore miner Vale has partnered with a German company to study the feasibility of a green hydrogen production facility in Brazil.

Hydnum Steel, Knauf Interfer Collaboration Aims to Boost European Green Steel Supply

02 October 2024 - European steel processor and distributor Knauf Interfer has signed a memorandum of understanding with Spanish green steel startup Hydnum Steel to buy EUR80 million worth of product annually.

A Century of Integrated Steelmaking at Welsh Plant Comes to an End

01 October 2024 - Tata Steel on Monday tapped the No. 4 blast furnace at its historic Port Talbot Works in Wales for the final time, bringing to an end nearly 100 years of ironmaking.

ArcelorMittal Urges EU Action on Steel Plan

30 September 2024 - ArcelorMittal Europe chief executive officer Geert Van Poelvoorde has urged the European Union and the Polish government to adopt policies that will enable the industry to thrive.

Tata Steel Begins Shut Down of U.K. Blast Furnace

30 September 2024 - Tata Steel’s Port Talbot Works inn Wales has started to wind down operations at its No. 4 blast furnace, and the community is bracing for the loss of scores of jobs.

Systems Spray-Cooled Announces Order from Danieli

30 September 2024 - EAF components manufacturer Systems Spray-Cooled has received an order for furnace cooling equipment from Danieli, which is building two new 65-ton AC units for Austrian steelmaker

thyssenkrupp Installs New Leadership Team at Steel Unit

26 September 2024 - thyssenkrupp has appointed a new leadership team for its European steel unit following last month’s departure of several executives.

ArcelorMittal Invests in Electrochemical Decarbonization Tech

25 September 2024 - ArcelorMittal’s XCarb Innovation Fund is investing US$5 million in a company developing a way to convert industrial process gas into high-purity hydrogen and concentrated CO2.