Steel News

SSAB Celebrates Start of Work on EAF

29 November 2023 - SSAB has broken ground on a SEK6.2 billion (approximately US$600 million) project to install an electric arc furnace and ancillary equipment at its Oxelösund plant in Sweden.

POSCO Plans to Go All in on H2 Ironmaking

27 November 2023 - South Korean steel giant POSCO plans to shift entirely to hydrogen-reduced iron production by 2050, reports BusinessKorea.

Fives Receives the Nod for Walking Beam Furnace Build

27 November 2023 - India’s Vardhman Special Steels has ordered a billet reheating furnace from Fives, the equipment supplier has said.

Danieli to Upgrade Austrian Slab Caster

27 November 2023 - voestalpine has contracted Danieli to upgrade a vertical slab caster at its Linz plant in Austria.

thyssenkrupp Sees Machine Vision System Aiding Defect Detection

27 November 2023 - thyssenkrupp is implementing a Primetals Technologies-made computer vision solution for detecting strip cross cracks at a German hot strip mill.

BlueScope Steel Selects Danieli Technology for Decarbonization Project

20 November 2023 - BlueScope Steel’s New Zealand Steel has ordered a Danieli Digimelter furnace as part of its plans to reduce its CO2 emissions.

Schneider Electric Opts for ArcelorMittal’s Renewably Produced XCarb Steel

20 November 2023 - French multinational Schneider Electric will buy ArcelorMittal’s XCarb recycled and renewably produced steel for its electrical cabinets and enclosures, the company has announced.

German Mill Gives Preliminary Acceptance of Mill Upgrade

15 November 2023 - Germany’s BGH Edelstahlwerke has signed the preliminary acceptance certificate on an upgrade to a roughing mill, according to project contractor Primetals Technologies.

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.

SSAB, Scania Sign LOI on Low-CO2 Steel

14 November 2023 - SSAB has signed letter of intent with a major customer to decarbonize steel deliveries in 2030, the company has announced.

Outokumpu Takes Position in Biocarbon Producer

13 November 2023 - Stainless steel producer Outokumpu has acquired a 20% stake in a biocarbon producer, a move that locks up a supply of the material.

Rooftop Solar Installation to Help Power Rebar Mill

13 November 2023 - Philippines rebar maker Real Steel is investing the equivalent of US$17.9 million in a rooftop solar system, according to the BusinessWorld newspaper.

Danieli Contracted for Wire Rod Mill Build

09 November 2023 - Danieli has won an order for a new wire rod line that will serve an Italian long products mill.

PT Krakatau Steel Contracts SMS group for HSM Overhaul

09 November 2023 - Indonesian steel producer PT Krakatau Steel has signed SMS group to modernize the No. 1 hot strip mill in Cilegon, Banten.

Primetals Technologies Reveals World’s First 3-Strand Slab Caster

08 November 2023 - China’s Tangshan Donghua Iron and Steel has started up a 3-strand continuous slab caster at a mill in Tangshan, Hebei province, marking a world first, according to the caster’s builder, Primetals Technologies.

Outokumpu to Reorganize German Operation

08 November 2023 - Stainless producer Outokumpu is restructuring its Germany operation, impacting approximately 200 jobs.

British Steel Announces EAF Conversion

07 November 2023 - British Steel has unveiled a GBP1.25 billion plan to decarbonize its steelmaking process by converting to electric arc furnace (EAF) steelmaking.

SSAB Calls Off Development of Hydrogen Reduction Plant

03 November 2023 - SSAB and Finnish energy company Fortum are dropping plans for a hydrogen-reduced sponge iron plant in Raahe, Finland, the steelmaker has said.

Sandvik Secures Green Steel Supply for Mine Hauling Equipment

03 November 2023 - Mining equipment maker Sandvik AB has signed SSAB to supply fossil-fuel-free steel for its loaders and trucks, according to an announcement.

H2 Green Steel, Porsche Sign Supply Agreement

31 October 2023 - Steel startup H2 Green Steel has signed an agreement with Porsche AG to supply the automaker with CO2-reduced steel.