World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
British Steel Turns to Danieli for Wire Rod Mill Improvement
16 December 2022 - British Steel has ordered intelligent guides from Danieli Morgårdshammar Guide Systems for its 4-strand wire rod mill in Scunthorpe, England, the equipment manufacturer reports.
Report: Renewables Could Overtake Coal as World’s Largest Power Source by 2025
14 December 2022 - Russia’s invasion of Ukraine and the energy crisis it set in motion are greatly accelerating the growth of renewable energy capacity, so much so that renewables could surpass coal as largest global source of electricity by 2025, reports the International Energy Agency (IEA).
EU Reaches Agreement on Carbon Border Adjustment Mechanism
13 December 2022 - The European Union has reached a tentative agreement on a plan to tax imported goods whose manufacture produces high levels of carbon dioxide.
Harsco JV to Provide Scrap, Slag Services at Turkish Mill
13 December 2022 - Turkish steel sheet and pipe maker Tosyali Holding has contracted joint venture Tosyali Harsco to provide certain services at its new greenfield steel plant in Sariseki.
WTO Rejects Section 232 Steel and Aluminum Tariffs
09 December 2022 - The World Trade Organization (WTO) has ruled that the U.S. Section 232 steel and aluminum tariffs are improper under international trade rules and should be revisited, a conclusion that was quickly dismissed by the Biden administration.
BlueScope Names New North American CEO
09 December 2022 - BlueScope Steel has tapped its chief human resources officer to lead its North American operations and is making other changes to its executive leadership team, the company has announced.
ArcelorMittal Celebrates Start of Offgas Recycling Plant
08 December 2022 - ArcelorMittal’s integrated mill in Ghent, Belgium, has inaugurated a EUR200 million system that captures offgases and converts them to ethanol.
Japanese Steelmakers Consider Increasing Electrical Steel Investment
07 December 2022 - Nippon Steel Corp. and JFE Steel Corp. are eying additional investments in electrical steels as demand for electric vehicles increases, according to the Bloomberg news service.
POSCO Lays Green Bet on Australia
05 December 2022 - South Korea’s largest steel producer plans to invest US$40 billion in hydrogen, direct reduced iron and green steel production in Australia over the next 15 years, reports commodities news and pricing service Argus.
Saarstahl Prepares to Move Ahead on DRI, EAF Conversion
05 December 2022 - Saarstahl AG leaders are greenlighting a EUR3.5 billion plan to build two electric arc furnaces (EAFs) and a direct reduction plant at sites in Germany, the company has said.
Omani Steelmaker Looks to Build Green Mill
05 December 2022 - Oman’s Jindal Shadeed Group has announced plans to build a 5-million-ton green steel plant at the country’s Port of Duqm, reports the English-language Arab News newspaper.
Gerdau Invests in Solar, Wind Energy Developer
01 December 2022 - Gerdau is taking a stake in renewable energy producer Newave Energia as a way to support its decarbonization goals, according to a company announcement.
Asian Conversion to Hydrogen DRI Still Decades Away, Says BHP Executive
01 December 2022 - Wholesale replacement of Asia’s blast furnace fleet with hydrogen-fed direct reduction plants is likely decades away, a BHP executive told the South China Morning Post.
Tata Steel Partners With SMS group, Primetals Technologies in Decarbonization Effort
30 November 2022 - Tata Steel has signed separate memorandums of understanding with plant builders Primetals Technologies and SMS group as it looks to decarbonize its steelmaking operations.
LIBERTY Steel Buys Asian EAF Mill, Plans to Relocate Equipment to Europe
29 November 2022 - LIBERTY Steel Group is acquiring KG Steel’s Dongbu plant in South Korea and intends to move the equipment to Romania, the company has announced.
Rio Tinto Steps Up Testing of New Low-Carbon Ironmaking Process
23 November 2022 - Iron ore miner Rio Tinto will build a large-scale pilot plant to further test its promising low-carbon ironmaking process, the company has announced.
KOCKS Lands Order for Bar Mill Reducing, Sizing Block
23 November 2022 - India’s Tata Steel Long Products Ltd. has contracted rolling mill sizing specialist Friedrich KOCKS GmbH & Co. KG for a reducing and sizing block that will serve the steelmaker’s new rolling mill complex in Jamshedpur.
Salzgitter, Auto Parts Maker Team Up on Green Steel Processing, Recycling
22 November 2022 - Salzgitter Flachstahl has signed a memorandum of understanding with German automotive supplier Mubea, laying out a framework in which the two companies will collaborate on green steel processing and closed-loop steel recycling.
Primetals Technologies Reports First Coil on Upgraded PLTCM
17 November 2022 - China’s Valin ArcelorMittal Automotive Steel has produced the first coil on an upgraded tandem cold mill in Loudi, Hunan province, reports project contractor Primetals Technologies.
Volvo’s First Electric and Fossil-Free Steel Trucks Now in Production
16 November 2022 - The first of Volvo’s heavy-duty electric trucks, some of which are being built with fossil-free steel, have rolled off the assembly line, the company reports.
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