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World

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

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Primetals Technologies Sees Third of Seven Offgas Cleaning Plants Placed Into Service 

10 January 2023 - Primetals Technologies has started up the third offgas cleaning plant at the Acciaierie D’Italia mill in Taranto, Italy, the plant builder reports. 

SMS group Keeps the Big Wheel Turning at German Mill 

09 January 2023 - SMS group recently wrapped up replacement of a 90-ton wheel set at a European rolling plant, turning around a project that could have taken more than a year in five months, the company reports. 

H2 Green Steel Partners With Industrial Solutions Firm 

09 January 2023 - Steelmaking startup H2 Green Steel has signed a letter of intent to collaborate with Swedish industrial solutions provider Mobilaris, the company said on Monday. 

POSCO, Fortescue Eye Green Industrial Projects in Australia 

09 January 2023 - The Western Australia state government has allocated industrial land to seven projects valued at more than AU$70 billion, including two being developed by POSCO and Fortescue, reports The Sydney Morning Herald. 

Proposed Finnish Steel Mill Finds a Home 

03 January 2023 - Norwegian steel startup Blastr Green Steel has signed a letter of intent with Finnish state-owned energy company Fortum oyj for an industrial site in the western part of the country. 

Outokumpu Finalizes Sale of Long Products Unit  

03 January 2023 - Outokumpu has completed the sale of its stainless long products business to Marcegaglia after competition regulators approved the deal.

Danieli Tapped for Tata Steel SBQ Project

19 December 2022 - Tata Steel Group has selected Danieli to provide a 500,000-tons-per-year special bar quality (SBQ) bar and wire rod mill in Jamshedpur, India, the equipment supplier announced last week.

SMS group Unveils DC Power System for Metals Plants

16 December 2022 - SMS group has launched sales of an internal DC grid that promises to help steel mills decarbonize production and run more efficiently. 

British Steel Turns to Danieli for Wire Rod Mill Improvement 

16 December 2022 - British Steel has ordered intelligent guides from Danieli Morgårdshammar Guide Systems for its 4-strand wire rod mill in Scunthorpe, England, the equipment manufacturer reports. 

Report: Renewables Could Overtake Coal as World’s Largest Power Source by 2025

14 December 2022 - Russia’s invasion of Ukraine and the energy crisis it set in motion are greatly accelerating the growth of renewable energy capacity, so much so that renewables could surpass coal as largest global source of electricity by 2025, reports the International Energy Agency (IEA). 

EU Reaches Agreement on Carbon Border Adjustment Mechanism 

13 December 2022 - The European Union has reached a tentative agreement on a plan to tax imported goods whose manufacture produces high levels of carbon dioxide. 

Harsco JV to Provide Scrap, Slag Services at Turkish Mill 

13 December 2022 - Turkish steel sheet and pipe maker Tosyali Holding has contracted joint venture Tosyali Harsco to provide certain services at its new greenfield steel plant in Sariseki. 

WTO Rejects Section 232 Steel and Aluminum Tariffs

09 December 2022 - The World Trade Organization (WTO) has ruled that the U.S. Section 232 steel and aluminum tariffs are improper under international trade rules and should be revisited, a conclusion that was quickly dismissed by the Biden administration. 

BlueScope Names New North American CEO 

09 December 2022 - BlueScope Steel has tapped its chief human resources officer to lead its North American operations and is making other changes to its executive leadership team, the company has announced. 

ArcelorMittal Celebrates Start of Offgas Recycling Plant 

08 December 2022 - ArcelorMittal’s integrated mill in Ghent, Belgium, has inaugurated a EUR200 million system that captures offgases and converts them to ethanol. 

Japanese Steelmakers Consider Increasing Electrical Steel Investment

07 December 2022 - Nippon Steel Corp. and JFE Steel Corp. are eying additional investments in electrical steels as demand for electric vehicles increases, according to the Bloomberg news service. 

POSCO Lays Green Bet on Australia  

05 December 2022 - South Korea’s largest steel producer plans to invest US$40 billion in hydrogen, direct reduced iron and green steel production in Australia over the next 15 years, reports commodities news and pricing service Argus. 

Saarstahl Prepares to Move Ahead on DRI, EAF Conversion

05 December 2022 - Saarstahl AG leaders are greenlighting a EUR3.5 billion plan to build two electric arc furnaces (EAFs) and a direct reduction plant at sites in Germany, the company has said. 

Omani Steelmaker Looks to Build Green Mill 

05 December 2022 - Oman’s Jindal Shadeed Group has announced plans to build a 5-million-ton green steel plant at the country’s Port of Duqm, reports the English-language Arab News newspaper. 

Gerdau Invests in Solar, Wind Energy Developer 

01 December 2022 - Gerdau is taking a stake in renewable energy producer Newave Energia as a way to support its decarbonization goals, according to a company announcement.