Steel News

Danieli Receives Order for Indian Bar Mill

05 December 2024 - The Steel Authority of India Ltd. has awarded a contract to Danieli for a new bar mill and reheat furnace to be built in Durgapur.

Mittal: Better Policy Needed to Preserve European Steelmaking

04 December 2024 - If Europe wants to continue to produce iron and steel, then it must immediately commit to building a better policy framework, ArcelorMittal founder and executive chairman Lakshmi Mittal writes in a (London) Financial Times op-ed.

SMS group Tapped for EAF Power Feeder System

27 November 2024 - SMS group has been contracted to integrate an electrical direct feed system into a new electric arc furnace being built at SSAB’s Oxelösund steel plant in Sweden.

thyssenkrupp Proposes Job Cuts, Capacity Reduction

26 November 2024 - thyssenkrupp’s steel division is looking to shed 11,000 jobs over the next five years and reduce its steelmaking capacity as it attempts to reorient itself in changing European market.

Celsa Group Divests U.K., Nordic Facilities

21 November 2024 - Spain’s Celsa Group has agreed to sell mills in the United Kingdom and the Nordic region to Sev.en Global Investments, a Czech-based investment group.

thyssenkrupp Writes Off EUR1 Billion in Steel Division Value

19 November 2024 - thyssenkrupp recorded a EUR1 billion impairment on its European steel division, saying fiscal 2025 would be one of decisions, CNBC reported.

Plasma Specialist Signs for Tech Trial at Major Steel Manufacturer

19 November 2024 - PyroGenesis Inc., a Canadian company that develops and manufacturers plasma-based solutions for iron ore pelletization, will trial its technology with a multinational steel producer, the company has said.

ArcelorMittal Starts New Galv, Annealing Line

18 November 2024 - ArcelorMittal Brazil has started up a new US$345 million galvanizing and continuous annealing line at its Vega unit in São Francisco, reports BNAmericas.

SSAB Highlights Decarbonization Efforts at COP29

14 November 2024 - SSAB is joining Business Sweden’s delegation to the United Nations Climate Change Conference, COP29, in Baku, Azerbaijan, the company reports.

Tata Steel to Study Liquid Hydrogen Imports

14 November 2024 - Tata Steel is looking to import liquid hydrogen produced in Norway and export carbon dioxide for permanent storage.

Baowu Selects Tenova for Two Projects

14 November 2024 - Pomini Tenova announced today it has signed two contracts with China Baowu Steel Group Corp. Ltd. during the 7th China International Import Expo Signing Ceremony of China Baowu International Procurement held in Shanghai, China.

Primetals Technologies Completes Upgrade of SAIL Bokaro’s Finishing Mill

14 November 2024 - Primetals Technologies announced its completion of an upgrade to the automation systems at the finishing mill of Steel Authority of India Ltd. (SAIL) Bokaro's hot strip mill in Bokaro Steel City, Jharkhand, India.

ANDRITZ Tapped for Combi-Line Furnace in Turkey

08 November 2024 - International technology group ANDRITZ announced today it was selected by Turkey’s Borçelik to provide a combi-line furnace for a new continuous galvanizing and annealing line to produce automotive material.

Fewer Regulatory Hurdles, More Energy Would Help European Green Steel Projects

06 November 2024 - To speed up progress in the European steel industry, policymakers ought to work to reduce red tape, lower energy costs and coordinate more with industry, several finance experts said Wednesday.

Salzgitter Receives Potential Takeover Bid

06 November 2024 - Salzgitter will weigh a potential takeover offer from a major shareholder and a partner, the German steelmaker has said.

Thinking About Decarbonization, ArcelorMittal Reimagines the Blast Furnace

06 November 2024 - ArcelorMittal is exploring another way to lower its carbon emissions — by building a better blast furnace.

Decarbonization Helps the Planet — and Recruitment

05 November 2024 - The steel industry has long faced recruitment challenges arising from negative perceptions, but the industry’s work on decarbonization might finally be shifting opinions, according to two industry leaders.

Shougang Selects Danieli EAF Technology for Automotive Exposed Grades

05 November 2024 - China’s Shougang has awarded Danieli a contract for a 160-ton ZERO BUCKET® electric arc furnace, which will be used to produce automotive exposed grades, Danieli announced.

Iran, Qatar Could Grow Positions in DR-Grade Pellet Market

05 November 2024 - The demand for direct reduction (DR)-grade pellets is only set to grow and could potentially account for 40% to 50% of the seaborne market, said Tarraco Commodities Solutions chief executive officer Gilberto Cardoso.

DR Pellet Supply Could Decarbonization ‘Choke Point’

05 November 2024 - There are dozens of steel decarbonization technologies in various stages of development, but only one today is of sufficient technological maturity to significantly reduce CO2 reductions – the direct reduction electric arc furnace (DRI-EAF) route.