Steel News

SMS group Brings Paul Wurth Fully Under Its Roof

21 April 2021 - SMS group has acquired the remaining stake in its Paul Wurth unit from the Luxembourg government and state-owned banks, making it the sole owner of the plant engineering business, the company announced Wednesday.

ABS Becomes Reference for New Danieli Scrap System

21 April 2021 - Danieli’s steelmaking division, Acciaierie Bertoli Safau, is investing in a new Danieli technology that automatically sorts and processes scrap before it is charged into a furnace.

Gerdau Plans SBQ Investments in Brazil

19 April 2021 - Gerdau SA will invest approximately BRL1 billion (approximately US$180 million) in its Brazilian special steel operations, the company announced on Monday.

Potential Merger Could Give Rise to Super-Sized Steel Producer

16 April 2021 - Two Chinese steelmakers are reviving merger discussions that could lead to the formation of one of the world’s largest steelmakers, according to the Bloomberg news service.

ArcelorMittal Finalizes New Ownership Plan for ILVA

15 April 2021 - ArcelorMittal has completed an agreement that gives control of its ILVA business to a public-private partnership.

World Steel Forecasts Demand Rebound

15 April 2021 - Global steel demand is expected to grow 5.8% this year, assuming that second and third waves of the COVID-19 pandemic subside by the end of June and that the world continues to make headway with vaccinations.

Algerian Greenfield Mill Starts Up DRI Unit

15 April 2021 - Algerian Qatari Steel (AQS) has started up a new 2.5-million-metric-ton direct reduction (DR) plant at its greenfield mill in Algeria, capping a project that is more than seven years in the making.

Tata Steel Creates Carbon Surcharge

12 April 2021 - Tata Steel Europe will being adding a per-ton carbon surcharge to it steel contracts, a move that passes on the cost of carbon emissions allowances to buyers, reports commodities news and pricing service S&P Global Platts.

KOCKS Bags Order for Rolling Mill Upgrade

12 April 2021 - India’s Arjas Steel Private Ltd. has ordered a Friedrich KOCKS GmbH & Co. KG reducing and sizing block for its special bar quality (SBQ) mill in Tadipatri.

Primetals Technologies to Equip Tosyali Plant With Second EAF

08 April 2021 - Turkish steel producer Tosyali Demir Celik Sanayi A.S. has placed a follow-on order with Primetals Technologies for a new electric arc furnace and has asked for additional capacity on a recently ordered continuous caster, the equipment manufacturer has announced.

SMS group Receives Final Acceptance for New HSM

08 April 2021 - China’s HBIS Laoting Iron & Steel Co. Ltd., recently started up an SMS group–built hot strip mill and has pushed it up to full production, the equipment manufacturer has said.

SSAB Seeks Answer to Key Hydrogen Question: How to Store It?

07 April 2021 - SSAB and the partners in its HYBRIT decarbonization initiative have started work on a pilot-scale hydrogen storage facility, a key piece of infrastructure for the fossil-free future they envision.

NLMK Hopes for 2022 Launch of New Metallic Coated Steel

07 April 2021 - NLMK Group and the Russian Academy of Sciences have begun testing a new zinc-aluminum-magnesium coating for cold-rolled products, the steelmaker has said.

U.S. Trade Representative Criticizes China's Excess Steel Capacity

06 April 2021 - The Office of U.S. Trade Representative Katherine Tai is taking China to task, calling it the world’s No. 1 offender in enabling excess steel capacity.

Solaronics Expands Product Offerings Through Acquisition

06 April 2021 - Industrial heating and drying systems specialist Solaronics SAS has acquired gas burner and combustion systems maker Selas Heat Technology for an undisclosed amount, according to an announcement.

Mill Contractor Takes On Expanded Role at JSW Steel Facility

06 April 2021 - Harsco Corp.’s environmental division has renewed a multi-year mill services contract with JSW Steel’s Dolvi Works in Maharashtra, India.

Report: Lowered EU Steel Demand Will Necessitate Capacity Cuts

05 April 2021 - The COVID-19 pandemic probably has erased five to 10 million tons of European Union steel demand, and producers there will have to shed capacity, according to a new paper from management consultancy McKinsey & Co.

Danieli-Built Strip Processing Plant Opens

05 April 2021 - An Uzbekistani cold rolling and coating facility has been put into service, according to the plant’s technology provider.

Expansion, Acquisitions Propel JSW Steel to the Top of India’s Steel Industry

01 April 2021 - India’s JSW Steel is moving to become the country’s largest steel producer and has set a long-term goal of reaching 45 million metric tons of capacity, reports commodities news and pricing service Argus.

ArcelorMittal Plans Two DRI-EAF Plants in Germany

29 March 2021 - ArcelorMittal said Monday that will build two sets of direct reduction and electric arc furnace plants in Germany, an investment that is expected to cost between EUR1 billion and EUR1.5 billion.