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World

All the latest headlines from all regions of the world outside the NAFTA market.

Latest News

ArcelorMittal Moves Forward on EAF Installation in Luxembourg

19 June 2023 - ArcelorMittal Luxembourg is greenlighting an EUR67 million investment in a replacement electric arc furnace (EAF) at its Belval mill. 

SMS group, Tata Steel to Demonstrate New BF Decarbonization Technology

15 June 2023 - SMS group and Tata Steel plan to jointly showcase new decarbonization technology designed for blast furnaces. 

Primetals Technologies to Equip Spanish Startup Mill

15 June 2023 - Spanish steel startup Hydnum Steel has selected Primetals Technologies as its engineering and technology provider for a planned flat-rolled mill on the Iberian Peninsula. 

ArcelorMittal Reveals Plan for Electric Iron Plant 

14 June 2023 - ArcelorMittal will build an industrial-scale ironmaking plant that relies on electrolysis rather than heat to produce it, the steelmaker announced Wednesday. 

European Steel Producers, Workers Push for Government Support 

14 June 2023 - Approximately 12,000 steelworkers rallied at thyssenkrupp Steel headquarters in Duisburg, Germany, Wednesday, demanding that the German government commit to funding the industry's effort to abate CO2 emissions, reports the Reuters news service. 

ArcelorMittal Finds Buyer for Idled Steel Mill 

12 June 2023 - A Trinidad and Tobago company is acquiring ArcelorMittal’s idled Point Lisas facility with plans to restart production within 18 months.    

Rio Tinto, China Baowu Partner on Australian, Chinese Decarbonization Projects 

12 June 2023 - Rio Tinto and China Baowu Steel Group have signed a memorandum of understanding to explore a number of decarbonization-related projects in Australia and China, the iron ore miner has announced. 

Cooperation Agreement Pairs Tenova EAF Know-How and GE Vernova Power Feeding Tech

12 June 2023 - Tenova and GE Vernova’s power conversion business have signed a cooperation agreement under which they’ll design and market tailored, medium-voltage power feeding systems for electric arc furnaces (EAFs) and submerged arc furnaces (SAFs). 

JFE Steel Partners With ExxonMobil on H2 Line Pipe Development 

09 June 2023 - Japan's JFE Steel and ExxonMobil will work on developing high-pressure line pipe meant to carry hydrogen, reports NikkeiAsia. 

H2 Green Steel Considers North American Steel Production Plant

08 June 2023 - Nordic startup H2 Green Steel has signed a supply agreement with Mercedes-Benz for 50,000 metric tons annually of green steel as they assess the potential to produce steel in North America.  

thyssenkrupp Green DRI Project to Receive Government Support

06 June 2023 - Germany is preparing to support thyssenkrupp’s plans to build a green iron plant in Duisburg with EUR2 billion in funding, reports the Reuters news service. 

Voortman Steel Machinery Acquires Müller Opladen, Expands Product Lineup

06 June 2023 - CNC steel processing machine builder Voortman Steel Machinery has acquired Germany’s Müller Opladen GmbH, a maker of pipe processing machines. 

SSAB, Fortum to Initiate FEED Study on Hydrogen-Based Sponge Iron Plant

05 June 2023 - SSAB and Finnish energy company Fortum will undertake a front-end engineering design of a potential industrial-scale, hydrogen-reduced sponge iron plant, the companies have announced. 

Brazilian Producer Adds PSI Metals’ Production Management Software 

05 June 2023 - Brazil’s Villares Metals has installed PSI Metal’s production management software on a hot rolling mill as part of an effort to improve quality control, reduce operational failures and better synchronize the equipment with other assets.

SSAB to Proceed With EAF Installation

02 June 2023 - SSAB’s board of directors has greenlighted construction of an electric arc furnace at its Oxelösund mill, a SEK6.2 billion (US$575.6 million) investment that is projected to reduced Sweden’s national CO2 output by 3%. 

India’s Steel Ministry Considering Proposals for Green Hydrogen R&D

01 June 2023 - The country’s steel ministry is seeking proposals for research and development of green hydrogen use in iron and steel production, Argus Media reported yesterday.

Australia’s InfraBuild Lines Up Financing to Acquire Three U.S. Operations

01 June 2023 - InfraBuild, an Australian long products producer owned by Sanjeev Gupta’s GFG Alliance, has secured financing that will allow it to buy three U.S. wire rod operations also owned by GFG Alliance. 

Spanish Mill Installs Hot Billet Charging System  

31 May 2023 - A Sarralle-built hot-charging system has passed its factory acceptance test and is being installed at the customer’s plant in Spain. 

POSCO Looks to Begin Work on Pilot DRI Plant

30 May 2023 - POSCO is set to break ground on a pilot-scale direct reduction plant that utilizes hydrogen, reports The Korea Economic Daily newspaper. 

Global Steel Dynamics Forum Builds on Already Stellar Agenda

25 May 2023 - Organizers of the Global Steel Dynamics Forum are finalizing what is looking to be a world-class agenda for the conference’s inaugural year, and more of the steel industry’s bold-faced names are soon to be announced as speakers.