Steel News

Indian Steel Producer Contracts Danieli for Bar Mill Build

23 March 2023 - Danieli has received an order for two high-speed rebar mills from India’s Rungta Group, the plant engineer has announced.

Outokumpu to Consider Nuclear as a Way to Power Steelmaking

23 March 2023 - Outokumpu has signed a memorandum of understanding with Finnish energy producer Fortum to explore the use of nuclear power in its steel operations.

voestalpine Board OKs EUR1.5 Billion EAF Installation

22 March 2023 - voestalpine will proceed with a EUR1.5 billion investment in two electric arc furnaces (EAFs), with construction expected to start next year, the steelmaker said on Wednesday.

thyssenkrupp Implements New Energy Trading Software

20 March 2023 - thyssenkrupp Steel Europe is deploying an energy trading and risk management system from the PSI Group, the software provider has said.

voestalpine Wraps Up Software Upgrade

17 March 2023 - voestalpine Stahl GmbH has gone live with a PSI Metals production management system, the software developer reports.

thyssenkrupp Marks Construction Start on Electrical Steel Line

16 March 2023 - thyssenkrupp has laid the first foundation stones for a new annealing and insulating line at its Bochum plant in Germany, ceremonially kicking off construction of the EUR150 million project.

OECD Steel Committee: Big Capacity Growth, but Little Demand Growth in 2023

15 March 2023 - Global steel demand will grow by a mere 1% in 2023, far outpaced by growth in steelmaking capacity, according to the Organisation for Economic Co-operation and Development (OECD)’s steel committee.

ArcelorMittal Takes Ownership of Brazilian Slab Plant

15 March 2023 - ArcelorMittal has finalized its acquisition of Brazil’s Companhia Siderúrgica do Pecém (CSP) for an enterprise value of approximately US$2.2 billion, the steelmaker has said.

Blastr Green Steel Seeks Pellet Plant Power Supply

15 March 2023 - European steel startup Blastr Green Steel has opened discussion with power suppliers on a long-term hydropower-based, power agreement, the company has said.

thyssenkrupp DRI Plant to Utilize Midrex Technology

14 March 2023 - Midrex Technologies Inc. will partner with SMS group subsidiary Paul Wurth to build thyssenkrupp’s planned 2.5-million-ton direct reduction plant.

SMS group Selected for EAF, Caster Modernization

14 March 2023 - Bahrain’s SULB Company (BSC) has contracted SMS group to modernize an electric arc furnace and 4-strand billet caster.

SSAB Finds Another Taker for Fossil-Fuel-Free Steel

06 March 2023 - Automotive brake components maker Meneta Group has committed to buying fossil-fuel-free steels from SSAB, the companies have announced.

CSN Completes Second Round of Caster Upgrades

06 March 2023 - Brazilian integrated producer Companhia Siderúrgica Nacional (CSN) has commissioned the second phase of upgrades to its 2-strand slab caster, reports project contractor Russula.

Danieli Lands Water Treatment Plant Order

06 March 2023 - ArcelorMittal Brazil has placed a follow-on order with Danieli for a water treatment plant that will support a new 400,000-metric-ton medium sections mill.

thyssenkrupp Selects SMS group for EUR1.8 Billion Plant Project

01 March 2023 - thyssenkrupp has placed an EUR1.8 billion order with SMS group for a hydrogen-based direct reduction plant, two melting units and ancillary equipment.

South Korea Looks for Technological Solutions to Industrial Net Zero Strategy

28 February 2023 - South Korea will build a hydrogen-based direct reduction plant as part of a plan to achieve carbon neutrality in its industrial sector, reports commodities news and pricing service Argus.

Gerdau Upgrades Slab Caster Process Optimization Software

28 February 2023 - Gerdau has completed a process optimization and quality control upgrade at its Ouro Branco mill in Brazil, according to Primetals Technologies.

Danieli Lands Order for Two Slab Casters

23 February 2023 - Joint-venture steelmaker AM/NS India has contracted Danieli to build two double-strand slab casters for its Hazira works in India, the equipment supplier has announced.

ArcelorMittal Mill Wraps Up Converter Replacement

23 February 2023 - ArcelorMittal Zenica has put a new Primetals Technologies-built LD converter into service, the equipment manufacturer reports.

IDOM to Consult on Direct Reduction Plant Build

23 February 2023 - A startup ironmaker that is planning to build a hydrogen-based direct reduction plant in southern France has selected consulting engineer IDOM to conduct the pre-feasibility studies, the firm has announced.