World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Salzgitter Throttles Up New Galvanizing Line
10 November 2022 - German steelmaker Salzgitter has begun ramping up its new No. 3 hot-dip galvanizing line, a EUR200 million investment meant to help strengthen its position as a supplier of premium sheet to auto and appliance manufacturers.
Shell Acquires Biobased Lubricants Business
09 November 2022 - Shell subsidiaries in Europe and the U.S. are acquiring the environmentally considerate lubricants (ECLs) business of the PANOLIN Group, the energy company has announced.
POSCO Plate Certified for Use in Wind Towers
07 November 2022 - Standards maker Det Norske Veritas (DNV) has certified a POSCO plate steel for use in wind turbines, a decision that POSCO says will help make turbines even more environmentally friendly.
Primetals Technologies, RHI Magnesita Partner on Green Melting Tech
03 November 2022 - Plant engineer Primetals Technologies and refractories maker RHI Magnesita have developed a new melting technology designed to work with lower-grade direct reduced iron, the companies report.
ArcelorMittal to Trial Carbon Capture Tech in North America, Europe
27 October 2022 - ArcelorMittal will test out carbon capture technology at plants in Europe and North America under a newly signed agreement, the steelmaker said on Thursday.
H2 Green Steel Finds Debt Financing for Mill Project
26 October 2022 - Swedish steelmaking startup H2 Green Steel has tentatively arranged EUR3.5 billion in debt financing to support construction of its planned mill, the company reports.
Ford in Europe Signs for Low-CO2 Steel
25 October 2022 - Ford Motor Co.’s European operation has signed memorandums of understanding (MOUs) with three steelmakers to buy low-CO2 steel for its vehicles, the automaker said Tuesday.
Metso Outotec Unveils New Furnace Intended to Help Lower CO2 Intensity
25 October 2022 - Metso Outotec is launching sales of an ironmaking furnace meant to replace the classical blast furnace, offering steel producers a new option in their efforts to reduce CO2-intensity.
Primetals Technologies Signs On for Maintenance Service Contract With JSW Dolvi
21 October 2022 - The contract covers comprehensive maintenance services, including spare parts, for the new continuous slab casters at JSW Dolvi in Maharashtra, India, the equipment supplier announced yesterday.
British Steel Expands Structural Section Offerings
21 October 2022 - The company has added 71 beams and columns to its Advance® structural sections product line, which are geared toward the construction sector.
JSPL Signs MoU for 1,000 MW of Carbon-Free Energy
20 October 2022 - In line with its goal to become a net-zero steelmaker by 2035, India’s Jindal Steel & Power Ltd. (JSPL) has signed a memorandum of understanding with energy transition and decarbonization solutions firm Greenko Group to facilitate 1,000 MW of carbon-free energy for its steelmaking operations at Angul, Odisha.
War, Inflation Lead worldsteel to Revise Down Steel Demand Forecast
19 October 2022 - Global steel demand is expected to decline 2.3% this year as persistent inflation, rising interest rates and Russia’s invasion of Ukraine slow the worldwide economy, according to a new forecast from the World Steel Association (worldsteel).
H2 Green Steel Raises Additional EUR70 Million in Series B Funding
19 October 2022 - Steelmaking startup H2 Green Steel has reached the final close on a EUR260 million round of Series B equity funding, the company has announced.
LIBERTY Steel Trials Coal Substitute
19 October 2022 - LIBERTY Steel UK has wrapped up a successful trial of a coal substitute in its electric steelmaking operation in Rotherham, England.
worldsteel Sets 2022–2023 Leadership
18 October 2022 - The World Steel Association (worldsteel) has elected its leadership slate for the 2022–2023 term, naming POSCO Holding chief executive Jeong-Woo Choi as chairman.
SMS group Gets the Nod for Green Steel Mill Project
17 October 2022 - Steelmaking start-up H2 Green Steel has selected SMS group to provide the main process equipment for its planned mill in Sweden.
Salzgitter Reports Success With Hydrogen Electrolyzer Trial Run
17 October 2022 - Salzgitter is wrapping up what it calls a successful trial with high-temperature electrolysis for hydrogen production and steel production.
Potential Green Steel Mill Brings Cargill Together with Start-Up Producer
17 October 2022 - Cargill’s iron ore and steel trading business is teaming up with a Nordic start-up aiming to build a green fossil-fuel-free steel mill in the next few years.
thyssenkrupp Cuts the Ribbon on New Hot-Dip Line
13 October 2022 - thyssenkrupp has inaugurated a EUR250 million hot-dip galvanizing line that will make the company’s Dortmund, Germany, facility a manufacturing center for premium galvanized flat steels.
H2 Green Steel Partners With Midrex on Direct Reduction Plant
11 October 2022 - H2 Green Steel, a Swedish startup that is planning to build a hydrogen-based steel mill, is partnering with direct reduction specialist Midrex, the company has announced.
