Steel News

Positive Waves: SSAB Steel to be Used in Wave Energy Generating Systems

24 October 2023 - CorPower Ocean, a developer of wave energy systems, will use SSAB’s fossil-fuel-free steel in its products beginning in 2026, according to an announcement from the steelmaker.

JSW Steel Eyes Green Steel Plant

24 October 2023 - As the European Union begins to roll out its tariff plan on CO2 intensive steels, India’s JSW Steel is looking to build a green steel facility by 2030, reports the business publication Mint.

Sarralle Bags Order for Fume Extraction System

23 October 2023 - JSW Steel subsidiary Bhushan Power & Steel Ltd. has placed an order with Sarralle for a new fume extraction system at its Tehsil, Odisha, India, facility.

POSCO, HBIS Open JV Galvanizing Plant

23 October 2023 - A joint venture between South Korea’s POSCO and China’s HBIS Group is starting up a new galvanized sheet facility in China, reports The Korea Times.

Blastr Green Steel Partners With SFE on Pellet Plant in Norway

19 October 2023 - Blastr Green Steel announced it has signed a Letter of Intent (LOI) with power company Sogn og Fjordane Energi (SFE) for the long-term supply of clean electricity to the company’s planned pellet plant in Lutelandet, Norway.

China Steel Corp. Selects Primetals Technologies To Undertake Decarbonization Study

19 October 2023 - Primetals Technologies announced it has received an order for a decarbonization study from China Steel Corp. (CSC), with the aim to reduce carbon emissions at its Kaohsiung site in Taiwan.

KOBE Steel Achieves 25% Reduction of CO2 Emissions From Blast Furnace

19 October 2023 - Japan’s Kobe Steel Ltd. announced this week that a demonstration test at its Kakogawa works has successfully reduced CO2 emissions by 25% from a large blast furnace.

Hasçelik Taps Tenova, ABB for New EAF

19 October 2023 - The Turkish steelmaker Hasçelik Sanayi ve Ticaret A.S. has selected Tenova and ABB to provide a new steelmaking line at its steel plant in Osmaneli, according to a press release from ABB.

Rising Green Steel Demand Propels SSAB Decarbonization Efforts

18 October 2023 - European steelmakers are moving decarbonization plans from the drawing board to construction, with pilot facilities to trial new processes up and running and new production plants in various stages of progress.

Importing DRI Could Be an Answer to Europe’s Green Hydrogen Needs

18 October 2023 - In the years ahead, six Middle Eastern and North African (MENA) countries – Morocco, Algeria, Tunisia, Libya, Egypt and Saudi Arabia — will likely be able to meet a significant portion of the European steel industry’s coming demand for green hydrogen.

Methodology Differences Hang Up U.S.-EU Arrangement on Sustainable Steel

17 October 2023 - The U.S. and European Union reportedly are to announce a plan on thwarting unfairly traded and CO2-intensive steel this week, but both sides have differed in the approach, an executive from a U.S. steel producer said Tuesday.

European Steel Forum: To Solve Recruitment Challenges, the Steel Industry Should Look to High Schools

17 October 2023 - The Association for Iron & Steel Technology kicked off its annual European Steel Forum on Tuesday morning, with experts dissecting two of the global steel industry’s major trends.

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.