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World

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

Latest News

ArcelorMittal Acquiring 3M Metric Tons of Slabmaking Capacity in Brazil

28 July 2022 - ArcelorMittal is acquiring Brazilian slab producer Companhia Siderúrgica do Pecém (CSP) for approximately US$2.2 billion, the steelmaker said on Thursday. 

POSCO, PT Krakatau Eye Major Indonesian Investment

28 July 2022 - POSCO and Indonesian joint-venture partner PT Krakatau Steel plan to invest US$3.5 billion in expanding capacity in the country, reports the Reuters news service. 

Baosteel Inks Contract for World’s Largest H2-Based DRI Plant

22 July 2022 - China’s Baosteel Zhanjiang Iron & Steel has selected the Tenova and Danieli’s Energiron technology to power a new direct reduction (DR) plant in the Guangdong Province.

H2 and Hitachi Energy Announce Partnership

21 July 2022 - Hitachi Energy and H2 Green Steel have signed a Memorandum of Understanding to collaborate on projects that support the industrial startup in producing green steel.

ArcelorMittal Gent Starts Up New BOF

21 July 2022 - Equipment supplier Primetals Technologies announced yesterday that a new LD converter (basic oxygen furnace) it supplied to ArcelorMittal Belgium’s steel plant in Gent was recently started up.

JSW Steel, Boston Consulting to Work Together on Climate Goals 

19 July 2022 - JSW Steel has enlisted the help of management consultant Boston Consulting Group as it works toward reducing its carbon emissions intensity. 

Forget Crypto, Minister Says. Manufacturing Industry’s Energy Needs Should Take Precedence. 

19 July 2022 - Steelmaking and crypto mining are energy-intensive endeavors and facets of the Swedish economy, but maybe the country should prioritize the former over the latter when it comes to energy resources, one official has said. 

BHP, Tata Steel Partner Up on CO2 Reduction Effort

19 July 2022 - Iron ore miner BHP and Tata Steel will work together on developing low-CO2 iron- and steelmaking technologies, the companies have announced. 

Salzgitter Partners on Developing Low-CO2 Strip

18 July 2022 - Salzgitter AG and cold-rolled producer Waelzholz Group will work together on developing and supplying low-CO2 strip under a new collaboration agreement, the companies have announced. 

Nippon Steel Signs Collaboration Agreement

18 July 2022 - Coal and iron ore miner Anglo American has agreed to work with Nippon Steel Corp. on making less CO2-intensive steel, the companies have said. 

KOCKS Announces Successful Start-Up of New Reducing, Sizing Block

18 July 2022 - Chinese special bar quality producer Fujian Sangang Minguang Group Co. Ltd. has rolled the first bar on its new KOCKS 3-roll reducing and sizing block, the equipment supplier reports. 

Danieli Service Upgrades Continuous Pickling Line for ArcelorMittal

15 July 2022 - Danieli’s service segment commissioned a new entry section for the continuous pickling line at ArcelorMittal’s Mardyck, France, facility, Danieli said in a press release yesterday.

Space Tech Startup Discovers Path to Carbon-Free Iron Production

15 July 2022 - Helios, an Israeli startup exploring paths to develop on-site oxygen resources for future lunar missions, has raised US$6 million in seed funding to adapt their technology to another, unexpected goal: to create an emission-free future for the steel industry.

Salzgitter Board Approves Funding for Green Steel Project

14 July 2022 - The company announced yesterday its board approved EUR723 million in funding to implement the first stage of its Salzgitter Low CO2 Steelmaking (SALCOS®) facility.

Fives Supplies Electric Steel Cold Rolling Mills to Baowu

13 July 2022 - China's Baowu Group contracted global industrial engineering group Fives for the design and supply of two reversible cold rolling mills with automatic roll change for production of electric steel at Baoshan and Wuhan production sites.

Outokumpu Divests Majority of Long Products Segment to Marcegaglia

13 July 2022 - Finnish steelmaker Outokumpu has signed an agreement to divest the majority of its Long Products business to Italy’s Marcegaglia Steel Group.

AM/NS India to Invest in Zero Liquid Discharge System

13 July 2022 - The ArcelorMittal and Nippon Steel joint venture has announced a Rs 273 crore investment in a zero liquid discharge system and other environmental initiatives at its Hazira facility in India.

Danieli Tapped to Help LIBERTY Ostrava Transition Toward Carbon Neutrality

12 July 2022 - The equipment supplier announced today that it has been contracted to supply two Danieli Digimelters for LIBERTY Ostrava in the Czech Republic.

thyssenkrupp Partners With bp on Decarbonization

12 July 2022 - bp and thyssenkrupp Steel announced yesterday they have signed a memorandum of understanding (MoU) for the long-term supply of hydrogen and renewable power in steel production.

Hydrogen Hub Coming to Tangshan, China, in 5-Billion-Yuan Investment

11 July 2022 - The local administration of the Beijing-Tianjin-Hebei area will have a hub for the production of hydrogen by 2023, according to online news service Energy News.