Steel News

H2 Green Steel, Marcegaglia Ink EUR1.79 Billion Green Steel Deal

08 May 2023 - The seven-year, EUR1.79 billion agreement will cover the delivery of green steel from H2 Green Steel's plant in Sweden to Marcegaglia's operations in Southern Europe, the U.K. and Poland.

Primetals Technologies Modernizes Slitting Line for thyssenkrupp Rasselstein

08 May 2023 - Primetals Technologies has upgraded the level 1 automation system and drive system for slitting line No. 1 at thyssenkrupp Rasselstein in Andernach, Germany.

SSAB Looks to Put Waste Heat to Use

07 May 2023 - SSAB will study a potential new use for waste heat from its Hämeenlinna works in Finland – residential home heating.

Tata Steel UK Nears Decarbonization Crossroads

07 May 2023 - With Tata Steel’s Port Talbot blast furnaces nearing the end of their lives, the company’s U.K. steelmaking operation faces an uncertain future, according to reports.

Hatch Finalizes Küttner Merger

04 May 2023 - Consulting engineer Hatch has completed its merger with engineering, procurement and construction contractor Küttner, creating a leading European provider of complex engineering and technology services for the metals, energy, and infrastructure market sectors.

Baosteel, Saudi Arabia Announce Joint Venture Plate Mill

02 May 2023 - China’s Baoshan Iron & Steel Co. Ltd. and Saudi Aramco have agreed to establish a 1.5 million-metric ton plate mill in Saudi Arabia, the companies have announced.

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.