Steel News

Primetals Technologies Joins Effort to Recast Ukrainian Metals Industry

12 October 2023 - Primetals Technologies will cooperate with the Ukrainian government on rebuilding the country’s metals industry and help it incorporate green production technology.

Report: Tesla Sourcing Outokumpu Stainless Steel for Cybertruck

12 October 2023 - Outokumpu reportedly is providing stainless steel to Tesla for Cybertruck exteriors, according to the Bloomberg news service.

POSCO Recovers Investment in Australian Iron Ore Operation

10 October 2023 - In 2010, POSCO announced a plan to join the Roy Hill iron ore mining project in Australia, an investment that at the time was the company’s largest ever investment in raw materials. The move was criticized by shareholders on grounds that wildly fluctuating ore prices made it too risky of an investment.

Report: EU to Initiate Anti-Subsidy Investigations on Chinese Steel

10 October 2023 - The European Union reportedly will launch trade investigations into unfairly subsidized Chinese steel as a result of discussions with the U.S. over the proposed a Global Arrangement on Sustainable Steel and Aluminum, reports the (London) Financial Times.

Danieli Lands Order for Polish Mill Upgrade

10 October 2023 - CMC Poland has contracted Danieli Automation to revamp its rolling mill, the equipment supplier reports.

SAIL Mill Contracts Japan’s Air Water for Industrial Gases

09 October 2023 - Japanese industrial gas supplier Air Water will invest the equivalent of US$90.6 million in an air separation unit as part of a new supply contract with an Indian steel mill.

EU Chromium Mine to Become Carbon Neutral By 2025

09 October 2023 - Stainless producer Outokumpu is planning to make the European Union’s only chrome mine carbon neutral by 2025, the company has announced.

SCHADE Appoints New Managing Director

09 October 2023 - AUMUND Group’s SCHADE Lagertechnik has named Jan Weckes as managing director, the German company has announced.

Primetals Technologies Introduces No-Contact Long Products Measurement System

05 October 2023 - Primetals Technologies has introduced a non-contact safety device that measures long product sections and has installed the first unit at a U.S. mill.

Acerinox Group Mill Signs UHT for Process Control Upgrade

05 October 2023 - Uvån Hagfors Technology AB (UHT) has been contracted to upgrade the level process control system at South Africa’s Columbus Stainless, the company reports.

EU Regulators OK Liberty Steel Acquisition of Hungarian Mill

05 October 2023 - The European Commission has signed off on Liberty Steel’s plan to acquire the entirety of Hungary-based steelmakers ISD Dunaferr and ISD Kokszoló.

Danieli to Build Vertical Slab Caster for French Mill

03 October 2023 - ArcelorMittal subsidiary Industeel has ordered a Danieli vertical slab caster for its Le Creusot plant in France.

Nippon Steel Works Shuttered After 70 Years of Operation

02 October 2023 - Nippon Steel Corp. has closed its historic Kure plant, bringing to an end seven decades of production.

Tata Steel Reaps Big Gains With Big Data

02 October 2023 - Through the use of big data and artificial intelligence, Tata Steel estimates that it has driven US$1.4 billion in EBITDA savings and is looking for more, reports The Hindu BusinessLine newspaper.

Vale to Weigh Potential of Port-Based HBI Plant

27 September 2023 - Iron ore miner Vale has signed a memorandum of understanding with a southeastern Brazilian port to explore development of a hot briquetted iron hub, the company has announced.

Tata Steel CEO: Green H2 Is Answer to Indian Coal Dependence

26 September 2023 - India can reduce its dependence on coal through green hydrogen, Tata Steel chief executive officer and managing director TV Narendran said during a conference, reports Indian news service PTI.

Hyundai Steel Plans to Launch Pipe Subsidiary

26 September 2023 - Hyundai Steel has decided to establish an independent steel pipe unit as part of an effort to streamline its portfolio, reports The Korea Times newspaper.

Indian Mill Starts Sarralle Ladle Furnace

22 September 2023 - A Sarralle-built ladle furnace has been successfully hot commissioned at India’s ESL Steel Ltd.-Vedanta, the equipment manufacturer reports.

ABB, SMS group Tag Team on Hot Strip Mill Drivetrain

20 September 2023 - ABB is partnering with SMS group to deliver the medium-voltage motors and drives to the new AM/NS India hot strip mill in Hazira, the companies report.

ANDRITZ Receives Order for 100-MW Electrolyzer

20 September 2023 - Salzgitter has placed an order with ANDRITZ for a 100-MW hydrogen electrolyzer, a facility that will be one of Europe’s largest green hydrogen plants, the steelmaker has announced.