Steel News

China Reconsiders Capacity Swap Program

26 August 2024 - With China’s demand for steel on the decline, the government is rethinking its policy for allowing new steel mills to be built, according to the Bloomberg news service.

Danieli, Nalco Water Partner on Water Treatment R&D

22 August 2024 - Danieli has signed a strategic cooperation agreement with U.S.-based Nalco Water to utilize shared research and development capabilities to improve industrial water treatment for the metals industry.

thyssenkrupp Teams With Australian Producer to Study Smelting Technology

21 August 2024 - thyssenkrupp is partnering with Australia’s BlueScope Steel on research that will focus on direct reduction and electric smelting plants, the company has announced.

ArcelorMittal to Add Solar Capacity in Brazil

21 August 2024 - ArcelorMittal Brazil on Wednesday signed contracts to develop two solar energy projects with a combined capacity of 465 MW, equivalent to 14% of its current electricity requirements.

Caster Robot Takes its Place at Gerdau Plant

20 August 2024 - Gerdau’s Araçariguama plant in Brazil has installed a PolyCAST multitool robot on its caster, an upgrade that improves productivity and safety.

IEEFA: MENA Producers Already Have the Tools to Lower CO2 Emissions

15 August 2024 - Steel producers in the Middle East and North Africa (MENA) could reduce their CO2 emissions by adopting a shorter-term strategy that combines intermittent hydrogen production and the partial substitution of natural gas in the direct reduction process, the Institute for Energy Economics and Financial Analysis argues in a new paper.

Tosyali Mill Project Receives Boost From Angola

15 August 2024 - Angola’s national oil producer Sonangol has signed on to a Tosyali project to build an integrated iron and steel plant in the country.

Stainless Producer Signs FAC on New Bar Mill

15 August 2024 - Yantai Walsin Stainless Steel has issued the final acceptance certificate for a stainless steel combination bar and rod mill built by a consortium that includes Primetals Technologies.

JSW Buys Into Australian Met Coal Miner

14 August 2024 - JSW Steel Ltd. is taking an indirect stake in Australian metallurgical coal miner Illawarra Metallurgical Coal and will sign an offtake contract with the business, the company has announced.

China Baowu Braces for a “Harsh Winter”

14 August 2024 - China Baowu Steel Group Corp. is warning of the potential for China’s steel slowdown to spill over to the rest of the world and deepen its own problems, the Bloomberg news service reports.

Kobe Steel to Launch Aluminum JV With China’s Baowu Steel

08 August 2024 - Kobe Steel is forming a joint venture around its Chinese automotive aluminum business with China Baowu Steel Group Corp. Ltd., Kobe has announced.

AISI: Commerce Department Made the Correct Decision on Vietnam Non-Market Economy Status

08 August 2024 - The American Iron and Steel Institute (AISI) is applauding the Commerce Department’s decision to retain Vietnam’s non-market economy status.

ArcelorMittal Completes Vallourec Transaction

07 August 2024 - ArcelorMittal has finalized its acquisition of a EUR955 million stake in tubemaker Vallourec.

Chilean Steelmaker Blames Chinese Imports for Production Stop

07 August 2024 - Compañía Siderúrgica Huachipato, Chile's largest steel plant, is "indefinitely suspending" production, saying that it is impossible to compete with dumped Chinese steel, according the AFP news service.

Salzgitter Secures Supply of Solar-Generated Electricity

06 August 2024 - Salzgitter Group has signed a long-term green power purchase agreement that will provide for up to 64 gigawatt hours annually, the steelmaker said Tuesday.

Primetals Technologies Sells Its 100th Electrode Control System

06 August 2024 - Primetals Technologies recently celebrated the 100th installation of its Melt Expert electrode control system, the company reports.

Danieli Lands Order for Reheat Furnace Upgrade

06 August 2024 - North Macedonia’s Makstil AD has contracted Danieli to revamp a plate mill reheat furnace, Danieli has announced.

Nippon Steel Remains Confident in U. S. Steel Acquisition

05 August 2024 - Nippon Steel Corp. has reiterated its belief that will finalize its proposed acquisition of United States Steel Corporation by year’s end.

New Wave of Chinese Steel Exports Softening Prices, ArcelorMittal Says

01 August 2024 - ArcelorMittal saw its second-quarter profits fall and said Chinese steel exports have put the market in “unsustainable” territory.

Shagang Group Starts Three New Castrip Lines

31 July 2024 - China’s Shagang Group has issued final acceptance certificates on two new Castrip lines and in June started up a third, according to project contractor Primetals Technologies.