Steel News

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.

Danieli Casts 1,200-mm Round Blooms at YongGang

18 May 2022 - In a press release yesterday, Danieli announced it had commissioned what it called the “largest round section in the world” on a 18-m radius curved conticaster at China’s YongGang.

Report: Steel Industry Carbon Emissions Expected to Fall Significantly by 2050

17 May 2022 - Rising electric arc furnace (EAF) production and falling basic oxygen furnace (BOF) production could yield a 30% decline in the steel industry’s worldwide carbon emissions, according to metals and mining consultancy Wood Mackenzie.

It's Time to Change the Narrative About Steel, CMC Executive Says

17 May 2022 - One of the steel industry’s greatest and most immediate challenges is to recruit the next generation of talent. And at the moment, the industry is floundering, Commercial Metals Company’s top executive said on Tuesday.

Kobe Steel Unveils Low-CO₂ Blast Furnace Steel

17 May 2022 - Japan's Kobe Steel is launching a branded line of steel with significantly reduced carbon emissions, the company announced today.

Feralpi Stahlwerke Contracts Danieli for Rolling Mill

16 May 2022 - According to an announcement from Danieli, the new installation at ESF Elbe-Stahlwerke Feralpi’s new long products mill in Riesa, Germany, will produce quality spooled bars in coils up to 8 tons.

Taylor-Winfield Technologies Partners With SMS group for Laser Welder Technology

15 May 2022 - Automated welding and heating systems maker Taylor-Winfield Technologies Inc. and SMS group have formed a global strategic alliance to drive sales of SMS group's X-Roll® heavy-gauge coil joining laser welder.

British Steel Will Continue Supplying Network Rail in Renewed Contract

12 May 2022 - British Steel has extended their contract with Network Rail until March 2024. By the time the contract concludes, British Steel’s Scunthorpe headquarters will have supplied more than 1 million tons of rail in a decade to Network Rail.

Primetals Technologies to Supply 3.4-Million-Ton Slab Caster for Algerian Mill

12 May 2022 - Tosyali Holding has contracted Primetals Technologies to install a 3.4-million-ton-capacity slab caster at its mill in Bethioua, Algeria, the equipment supplier reports.

Nippon Steel Plans for Carbon-Neutral Steel in 2024

11 May 2022 - The company announced Tuesday its plans to supply carbon-neutral steel starting in fiscal year 2024, according to the Reuters news service.

Saudi Arabia to Pour US$6 Billion Into Steel Complex, EV Metals Plant

09 May 2022 - Saudi Arabia's Ministry of Industry and Mineral Resources is investing US$6 billion in a steel plate mill complex and electric vehicle (EV) battery metals plant, according to the Reuters news service.

TenarisDalmine Awards Two Contracts to Tenova

09 May 2022 - In a press release today, Tenova announced it received orders for a meltshop ladle furnace and heat treatment furnace for Tenaris’ mill in Dalmine, Italy.

ArcelorMittal Rallies Around Ukrainian Employees, Posts Q1 Profit

05 May 2022 - ArcelorMittal has evacuated approximately 1,000 people in Ukraine and, along with its employees, have donated more than US$7 million to support those affected by the war, the company said on Thursday.

JSPL to Build Coal Gasification-Based DRI Plants

04 May 2022 - India’s Jindal Steel and Power (JSPL) is planning to build two 2-million-metric-ton-capacity coal gasification-based direct reduced iron (DRI) plants, one in Angul, Odisha, and one in Raigarh, Chattisgarh, according to The Hindu BusinessLine.

Danieli Corus Tapped for 880,000-Tons-Per-Year Blast Furnace Complex

02 May 2022 - The project awarded by BMM Ispat will be an expansion of its steel plant in Danapur, Karnataka, India.

Jindal Stainless Ltd. Taps SMS group for New 2-Million-Ton Blast Furnace

28 April 2022 - India’s Jindal Stainless Ltd. (JSL) has contracted SMS group subsidiary Paul Wurth to install a 2-million-ton-capacity blast furnace at its Kalinganagar steel works, the equipment supplier announced today.