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World

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

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Welspun, Tata Steel Partner on Hydrogen Pipes

09 June 2022 - Indian welded line pipe maker Welspun Corp. Ltd. and Tata Steel will work together on making pipes capable of moving hydrogen and natural gas-blended hydrogen, reports the Press Trust of India. 

Green Mill Secures Renewable Power Source

09 June 2022 - A proposed steel mill in Sweden has signed a seven-year power purchase agreement securing a source of renewable energy, the project leaders have said. 

Acerinox Halts Merger Discussions With Rival

07 June 2022 - Stainless steel maker Acerinox has ended merger discussions with Aperam, reports the Reuters news service.

Vallourec Mill Selects Smart Steel Software for Temp Control Upgrade

07 June 2022 - Seamless pipemaker Vallourec Soluções Tubulares do Brasil has selected Smart Steel Technologies’ software to help optimize the mill’s steelmaking process, the supplier reports.

Salzgitter, Iron Ore Miners Cooperating on Making Better Iron Inputs

06 June 2022 - Salzgitter AG has signed technical cooperation agreements with iron ore miners LKAB in Sweden and Rio Tinto in Australia to develop high-quality iron ore pellets the steelmaker will need to achieve its decarbonization goals.

Report: U.S. Sanctions Are Impairing Mordashov, Severstal   

06 June 2022 - U.S. sanctions on Russian billionaire and Severstal founder Alexey Mordashov potentially could unravel the company’s efforts to establish itself in markets outside of the country, reports the Bloomberg news service. 

U.S. Swaps Tariffs for Quotas on U.K. Steel Imports 

02 June 2022 - The Biden administration officially has dropped a blanket 25% tariff on U.K.-made steel and has replaced it with a tariff-rate quota system that caps imports at 500,000 metric tons annually. 

ArcelorMittal, Nippon Steel Adding Processing Capabilities to JV Mill 

01 June 2022 - Joint-venture partners Nippon Steel Corp. and ArcelorMittal are investing US$1.1 billion in an Indian steel works as they target value-added production, reports Nikkei Asia.

Who Will Buy Green Steel? Volvo, for One.  

01 June 2022 - Volvo’s automaking division has joined an initiative whose goal is to increase demand for fossil-fuel-free steel and speed up the steel industry’s decarbonization efforts. 

U.K. Mill Testing Biomass-Based Coke

01 June 2022 - U.K.-based LIBERTY Specialty Steels is trialling a new biomass-based coke at its Rotherham facility, according to the company that makes it. 

Changes to Emissions Trading System Will Hinder Green Transition, EU Steel Leaders Say

31 May 2022 - The leaders of the European Union’s steel industry are calling on legislators to reconsider proposed changes to the bloc’s emissions trading system and carbon border adjustment mechanism, saying that the revisions would undermine the industry’s green transition.

SSAB to Help Build Fossil-Free-Steel Heat Exchanger

31 May 2022 - SSAB will collaborate with heat transfer, centrifugal separation and fluid handling specialist Alfa Laval on building the world’s first heat exchanger to made from fossil-free steel, the steelmaker has said.

Danieli Lands Order for Hot Mill Spindles

31 May 2022 - Danieli has received an order from thyssenkrupp for a set of heavy-duty slipper spindles for a hot strip mill in Duisburg, Germany.

Calling All Decarbonization Start-Ups: ArcelorMittal Might Have Funding for You

27 May 2022 - ArcelorMittal’s XCarb Innovation Fund, which is looking to invest in commercially feasible technologies holding potential to decarbonize steelmaking, is soliciting proposals from start-up companies. 

Ford Makes Green Steel Commitment

26 May 2022 - Ford Motor Co. has pledged that at least 10% of the steel and aluminum it buys will be near-zero carbon steel and aluminum by 2030, the company has said. 

Brazilian BF Slated for Upgrade

25 May 2022 - Latin American steelmaker Ternium is planning to refurbish a blast furnace at its Rio de Janeiro facility in Brazil, reports the Reuters news service. 

Primetals Technologies Receives FAC on New Caster Optimization System

25 May 2022 - U.S. and German steel producers have issued the final acceptance certificates for a subscription-based casting optimization system created by Primetals Technologies. 

India Sets Steel Export Taxes

23 May 2022 - Hoping curb inflation and keep domestic steel prices in check, the Indian government over the weekend raised an export tax on iron ore, imposed a new export tax on a number of steel products and reduced an import tax on certain raw material imports to zero, according to reports. 

Hyundai Steel Inks MOU on Carbon Capture Tech

23 May 2022 - South Korea’s Hyundai Steel and the Korea Institute of Energy Research have agreed to work together on developing green hydrogen production and carbon capture utilization and storage technologies, reports The Korea Herald newspaper. 

Primetals Technologies Names Head of Green Steel

18 May 2022 - Alexander Fleischanderl was appointed the head of Primetals Technologies’ new green steel task force, the company announced today in an official press release.

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