Steel News

Severstal Lights a New Reheat Furnace: ‘Spark’

14 January 2022 - The Russian steel producer has launched the first of three new slab reheating furnaces provided by international engineering group Fives at its Cherepovets Steel Mill, according to a press release.

POSCO, Adani Group Sign US$5 Billion MoU for Eco-Friendly Integrated Mill

14 January 2022 - This week South Korean steelmaker POSCO and Indian infrastructure and energy conglomerate Adani Group signed a memorandum of understanding (MoU) that includes plans for a “green, environment-friendly” integrated steel mill to be built in Gujarat, India.

Metinvest Announces Multi-Billion-Dollar Commitment to Decarbonization

14 January 2022 - Ukrainian steelmaker Metinvest will spend US$20–30 million in the coming years to replace its aging blast furnaces with electric arc furnace (EAF) technology, reports the Reuters news service.

voestalpine Starts Up 3D Sand Printer for Steel Casting

12 January 2022 - voestalpine’s steel and technology group is now operating what it calls Europe’s most advanced 3D sand printer for heavy steel castings.

thyssenkrupp Signs Supply Contract for Electrolysis Plant

12 January 2022 - thyssenkrupp Uhde Chlorine Engineers has signed a supply contract with Shell for a project called Hydrogen Holland I.

Jindal Shadeed Iron and Steel Renews Contract With Harsco Environmental

11 January 2022 - Harsco Corp. announced last week that Oman’s Jindal Shadeed Iron and Steel LLC (JSIS) has re-upped its contract with the company’s Environmental division.

POSCO and HBIS Break Ground on Automotive Sheet Joint Venture

10 January 2022 - POSCO and HBIS Group announced last Friday that work has begun on a new US$647 million sheet mill located in China’s Hebei province, reports the Reuters news service.

New Year Brings New Tariff Quota System for EU Steel Imports

05 January 2022 - New import rules for EU-made steel took effect this week, capping shipments at 3.3 million metric tons before tariffs kick in.

Danieli Corus Tapped for Two Blast Furnaces for Hoa Phat

05 January 2022 - The two blast furnaces will add 5.6 million metric tons per year of capacity to the Vietnamese steelmaker’s Dung Quat steel complex II, according to Danieli.

Report: ArcelorMittal and Partners Receive €10M for Electrolysis Plant in Bremen

04 January 2022 - According to reports, ArcelorMittal Bremen, swb AG and EWE AG have received a subsidy of more than €10 million to construct a 12-MW electrolysis plant in Bremen, Germany, to produce green hydrogen by means of renewable energy.

POSCO to Memorialize Oldest Blast Furnace

04 January 2022 - POSCO shut down its oldest blast furnace in Pohang last week, and plans to turn it into a museum.

Essar Group Completes Land Deal for Saudi Arabian Mill

21 December 2021 - India’s Essar Group has signed for 3 million square meters of land in Saudi Arabia, where it plans to build a flat-rolled steel plant, reports Kallanish Commodities.

Metalloinvest Launches Ore Beneficiation Pilot Plant

21 December 2021 - Metalloinvest announced last week the launch of a pilot plant at Mikhailovsky GOK intended to model iron ore beneficiation processes and develop new high-quality products.

Metinvest, SMS group Sign MOU on Decarbonization Technologies

16 December 2021 - SMS group announced yesterday it has signed, along with its subsidiary Paul Wurth, a Memorandum of Understanding (MOU) with Metinvest to work together to tackle decarbonization.

ABB Unveils New Electromagnetic Stirring Technology

15 December 2021 - Technology company ABB announced today the launch of its Tundish EMS solution to help steelmakers overcome the limited ability of the tundish vessel to control the flow of molten metal.

ArcelorMittal Commits Additional US$30 Million to LanzaTech Carbon Capture Technology

14 December 2021 - ArcelorMittal, through its XCarb™ innovation fund, will invest US$30 million in carbon capture and utilization (CCU) company LanzaTech, according to an official press release.

thyssenkrupp Awarded 2-GW Electrolysis Installation Contract

14 December 2021 - thyssenkrupp was awarded a contract to supply a 2-GW electrolysis plant to NEOM, one of the world's largest green hydrogen projects.

Primetals Technologies Starts Up Continuous Casters at JSW

13 December 2021 - In October 2021, two continuous slab casters supplied by Primetals Technologies were started up at JSW Steel Ltd.’s Dovi plant in Maharashtra, India.

Danieli to Supply Bar-in-Coil Line for Arjas Steel

13 December 2021 - Danieli has been tapped by Arjas Steel to supply a new bar-in-coil line which will produce bars in coil for both international and domestic markets.

POSCO to Shift Steel Operations to New Holding Company

13 December 2021 - South Korean steelmaker POSCO announced last week that it plans to spin off its steelmaking arm into a separate, unlisted holding company, POSCO Holdings Inc.