Steel News

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.

Chinese Mill Incorporates Danieli Drawer Tech in SBQ Production

25 September 2024 - precision sizing unit, the equipment supplier reports.

Nippon Steel to Sell Stake in POSCO

24 September 2024 - Nippon Steel Corp. will divest its US$823 million stake in South Korea’s POSCO Holdings Inc., a move that it says will “improve asset efficiency through asset compression.”

SSAB Teams Up With Office Furniture Maker

24 September 2024 - Framery, a manufacturer of soundproof office pods, has struck up a strategic collaboration with SSAB to integrate fossil-free steel into its production.

Report: China’s Steel Industry Could See Wave of Consolidation

23 September 2024 - With nearly 75% of China’s steel producers posting losses in the first half of this year, bankruptcy is a looming risk — and one that could spur consolidation among domestic producers, reports the Bloomberg news service.

KOCKS Lands Order for Reducing & Sizing Block

23 September 2024 - Baoshan Iron & Steel Co. Ltd. has ordered a Friedrich KOCKS GmbH & Co. KG reducing and sizing block for a greenfield project.

BlueScope Steel Partners with Green Iron Company

19 September 2024 - Australia’s BlueScope Steel has signed a memorandum of understanding (MOU) with a company developing an ironmaking process that uses sodium as a reducing agent.

Danieli Completes Billet Caster Upgrade

18 September 2024 - Danieli Service is wrapping up an upgrade of a 6-strand billet caster in Italy, the company reports.

SSAB Partners With PSI Group on Software Implementation

16 September 2024 - SSAB has selected PSI Group to develop a template software system that will drive its business processes, PSI Group has announced.

H2 Green Steel Is Now Stegra

12 September 2024 - Swedish startup H2 Green Steel is changing its name to Stegra, a move intended to future proof the company’s image and reflect its ambitions.

U.K. Funding Allows Tata Steel EAF Project to Move Forward

11 September 2024 - Tata Steel has signed a GBP500 million funding agreement with the U.K. government, allowing it to move forward with a process conversion at its historic Port Talbot Works in Wales.

China Expands Carbon Trading Program to Include Steel

10 September 2024 - China’s steel, aluminum and cement producers will be added to the country’s national carbon trading market, the Bloomberg news service reports.

Hydnum Steel Enlists Ports Operator for Help in Developing Logistics Solutions

05 September 2024 - Spanish green steel startup Hydnum steel has signed a memorandum of understanding with port and logistics operator Euroports to develop integrated logistics solutions that will optimize the steel supply chain across the continent.

Danieli: Turkish Spooling Line Sets New Speed Record

05 September 2024 - A Danieli-built bar spooling is breaking speed records, achieving rates of 40 m/second for 8 and 10 mm diameters, Danieli reports.

Midrex, Vale to Further Develop Use of Iron Ore Briquettes in DRI Furnaces

05 September 2024 - Midrex Technologies Inc. has signed a technical cooperation agreement with iron ore miner Vale, allowing the two companies to further collaborate on a technical solution for the use of iron ore briquettes in direct reduction plants.

New CEO Takes the Helm of Vollmer

05 September 2024 - Strip measurement specialist Friedrich Vollmer Feinmessgeräte GmbH has named Thorsten Wünsch as chief executive officer, the company has announced.