Steel News

SMS group Names New CTO, Launches Hub Focused on New Metals Technologies

26 April 2023 - SMS group has created a new unit focused on commercializing new technologies and has appointed chief technology officer Hans Ferkel to lead it.

Tata Steel Trials H2 Injection

25 April 2023 - Tata Steel has begun trialing hydrogen injection into a blast furnace at its Jamshedpur facility in India, the company reports.

H2 Green Steel Begins Its Other Green Effort: Fundraising

25 April 2023 - Steelmaking startup H2 Green Steel has begun seeking EUR1.5 billion in equity funding for its planned facility in Boden, reports the Financial Times.

thyssenkrupp CEO Parts Ways With Company

25 April 2023 - thyssenkrupp chief executive Martina Merz will step down from her role at the end of May as the company begins looking to separate its steel business and turns its attention to improving finances.

POSCO Plans Investment in Growth Engine Facilities

20 April 2023 - South Korea’s POSCO Group is planning to invest the equivalent of US$3.04 billion in growth projects next to its Gwangyang plant, should the government lift restrictions on uses of state-run industrial complexes, reports the Yonhap News Agency.

Danieli Selected for Triple Caster Upgrade

19 April 2023 - AM/NS India has contracted Danieli Automation to upgrade three slab casters at its Hazira plant.

Forecast: Global Steel Demand to Rise 2.3% in 2023

19 April 2023 - The World Steel Association (worldsteel) has revised up is bi-annual demand outlook, saying that global demand is expected to reach 2.3% this year.

Salzgitter Secures Government Support for Low-CO2 Process Conversion

18 April 2023 - Salzgitter AG will receive EUR1 billion in federal and state support for its low-CO2 project, the German company said on Tuesday.

ArcelorMittal Brazil Plans 554-MW Wind Farm

18 April 2023 - ArcelorMittal Brazil is establishing a 55-45 joint venture that will develop an US$800 million wind farm that will provide more than one-third of the steelmaker’s electricity needs in the country.

BILSTEIN Group Signs Green Steel Supply Agreement

17 April 2023 - Cold-rolled strip maker BILSTEIN Group has signed a binding, seven-year supply agreement with startup H2 Green Steel for its low-CO2 steel.

AM/NS India Awards Wind Turbine Contract

13 April 2023 - Wind turbine maker Siemens Gamesa will supply 46 wind turbines to ArcelorMittal’s joint-venture mill in Hazira, India.

Primetals Technologies Receives Final OK on Mill Stand Upgrade

11 April 2023 - Primetals Technologies has received the final acceptance certificate for upgrades it made to a mill stand Nordic plant.

Outokumpu Exits Stainless Long Steel Market

06 April 2023 - Finnish stainless producer Outokumpu is divesting the last of its long products business, selling its Degerfors and Storfors facilities in Sweden to stainless long steel specialist Cogne Acciai Speciali.

Danieli Lands Order for Vertical Bloom Caster

05 April 2023 - China First Heavy Industries (CFHI) has contracted Danieli to build a semi-continuous jumbo bloom caster, the equipment supplier reports.

LIBERTY Steel Announces Plans for Australian EAF, DRI Plant

04 April 2023 - LIBERTY Steel will replace the coke ovens and blast furnace at its Whyalla steel works in Australia with a direct reduction plant and electric arc furnace (EAF), the steelmaker announced on Tuesday.

H2 Green Steel Establishes Relationships With Energy Provider, Iron Ore Producer

04 April 2023 - H2 Green Steel has struck up partnerships with an iron ore miner and an electricity supplier, two more milestones for the startup Swedish steelmaker.

ArcelorMittal to Partner With Bamesa on Low-Carbon Projects

30 March 2023 - ArcelorMittal Europe – Flat Products and international service center firm Bamesa signed a memorandum of understanding (MoU) yesterday to explore the reduction of scope 3 emissions and increase testing of the usage of recycled steel in low-carbon-emissions products.