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World

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

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Ford in Europe Signs for Low-CO2 Steel 

25 October 2022 - Ford Motor Co.’s European operation has signed memorandums of understanding (MOUs) with three steelmakers to buy low-CO2 steel for its vehicles, the automaker said Tuesday. 

Metso Outotec Unveils New Furnace Intended to Help Lower CO2 Intensity

25 October 2022 - Metso Outotec is launching sales of an ironmaking furnace meant to replace the classical blast furnace, offering steel producers a new option in their efforts to reduce CO2-intensity. 

Primetals Technologies Signs On for Maintenance Service Contract With JSW Dolvi

21 October 2022 - The contract covers comprehensive maintenance services, including spare parts, for the new continuous slab casters at JSW Dolvi in Maharashtra, India, the equipment supplier announced yesterday.

British Steel Expands Structural Section Offerings

21 October 2022 - The company has added 71 beams and columns to its Advance® structural sections product line, which are geared toward the construction sector.

JSPL Signs MoU for 1,000 MW of Carbon-Free Energy

20 October 2022 - In line with its goal to become a net-zero steelmaker by 2035, India’s Jindal Steel & Power Ltd. (JSPL) has signed a memorandum of understanding with energy transition and decarbonization solutions firm Greenko Group to facilitate 1,000 MW of carbon-free energy for its steelmaking operations at Angul, Odisha.

War, Inflation Lead worldsteel to Revise Down Steel Demand Forecast 

19 October 2022 - Global steel demand is expected to decline 2.3% this year as persistent inflation, rising interest rates and Russia’s invasion of Ukraine slow the worldwide economy, according to a new forecast from the World Steel Association (worldsteel). 

H2 Green Steel Raises Additional EUR70 Million in Series B Funding

19 October 2022 - Steelmaking startup H2 Green Steel has reached the final close on a EUR260 million round of Series B equity funding, the company has announced. 

LIBERTY Steel Trials Coal Substitute

19 October 2022 - LIBERTY Steel UK has wrapped up a successful trial of a coal substitute in its electric steelmaking operation in Rotherham, England. 

worldsteel Sets 2022–2023 Leadership

18 October 2022 - The World Steel Association (worldsteel) has elected its leadership slate for the 2022–2023 term, naming POSCO Holding chief executive Jeong-Woo Choi as chairman.

SMS group Gets the Nod for Green Steel Mill Project 

17 October 2022 - Steelmaking start-up H2 Green Steel has selected SMS group to provide the main process equipment for its planned mill in Sweden. 

Salzgitter Reports Success With Hydrogen Electrolyzer Trial Run

17 October 2022 - Salzgitter is wrapping up what it calls a successful trial with high-temperature electrolysis for hydrogen production and steel production. 

Potential Green Steel Mill Brings Cargill Together with Start-Up Producer 

17 October 2022 - Cargill’s iron ore and steel trading business is teaming up with a Nordic start-up aiming to build a green fossil-fuel-free steel mill in the next few years.

thyssenkrupp Cuts the Ribbon on New Hot-Dip Line

13 October 2022 - thyssenkrupp has inaugurated a EUR250 million hot-dip galvanizing line that will make the company’s Dortmund, Germany, facility a manufacturing center for premium galvanized flat steels.

H2 Green Steel Partners With Midrex on Direct Reduction Plant 

11 October 2022 - H2 Green Steel, a Swedish startup that is planning to build a hydrogen-based steel mill, is partnering with direct reduction specialist Midrex, the company has announced. 

What, Exactly, Is Green Steel? Good Question. 

10 October 2022 - Decarbonizing the steelmaking process is a challenge unto itself. But that’s only part of the problem. The other, it seems, is finding agreement on what constitutes green steel. 

voestalpine Ups R&D Investment

10 October 2022 - voestalpine has set a research and development budget of EUR196 million for this fiscal year, a record for the company as it seeks to digitalize production and adopt climate-neutral steelmaking processes. 

EMG Automation Expands Lineup of Quality Assurance Systems 

10 October 2022 - EMG Automation GmbH has acquired MESACON Messelektronik GmbH in Dresden, Germany, and integrated the company’s thickness measurement solutions into its metals business product portfolio, the company has said. 

Regulators Approve Expansion of Indian Mill 

07 October 2022 - AM/NS India has received environmental clearance to expand its flagship plant in Hazira, Gujarat, the company reports. 

POSCO Joins Offgas Recycling Research Effort

06 October 2022 - POSCO has signed on to a research effort that is exploring technologies to convert steel mill offgas into a plastics raw material, reports the Aju Business Daily newspaper. 

Turkish Producer Taps ANDRITZ for Galvanizing Furnace

06 October 2022 - ANDRITZ has received an order for a galvanizing furnace that will support a new coating line at Turkish cold roller Tatmetal, the company has announced. 

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