Steel News

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.

Egyptian Mill’s Furnace Upgrade Yields Big Fuel Savings

29 March 2021 - Danieli recently completed upgrades to a reheat furnace at Egypt’s El Masria Steel, the equipment manufacturer has said.

Work Begins on Refractories Production Facility

26 March 2021 - Refractories maker Allied Mineral Products has begun construction on a new manufacturing facility in China’s Guangdong Province, the company has said.

Steel Plant Issues Final Acceptance on Revamped Degasser

26 March 2021 - SMS group has received the final acceptance certificate related to work on an RH degasser at China Steel Corp.’s Kaohsiung works in Taiwan.

Danieli Completes Slitter Improvements

26 March 2021 - Danieli Fröhling has wrapped up work on a slitting shear and exit guide at Becker Stahl Service GmbH in Germany, the equipment manufacturer reports.

SSAB Selects Site for Planned DRI Plant

25 March 2021 - SSAB and its partners in its HYBRIT initiative have chosen a site in northern Sweden to build a fossil-free, direct reduced iron plant, the company has announced.

Section 232 Tariffs Should Stay, Argues Economic Think Tank

24 March 2021 - The global steel overcapacity problem should be fixed through some sort of a multi-lateral solution, but until one is reached, the U.S. should keep its Section 232 tariffs in place, according to the left-leaning Economic Policy Institute.

OECD Raises Alarm on Global Steel Overcapacity

23 March 2021 - The Organisation for Economic Co-operation and Development (OECD) Steel Committee is warning that the global industry faces a heightened risk from excess production capacity as the COVID-19 pandemic tamps down demand.

SSAB Cold Mill Set for Automation Upgrade

23 March 2021 - Primetals Technologies has been contracted to modernize the process automation system for a Finnish tandem cold mill, the equipment manufacturer has announced.

SMS group Receives Order for Wire Rod Mill Improvements

23 March 2021 - China’s Zenith Steel Group Co. Ltd. has contracted SMS group to upgrade the wire rod mill at its Changzhou works, a project that will take the mill’s rolling speed up to a blistering pace of 42 m/second.

Danieli Lands Order for Wire Rod Mill

19 March 2021 - Hoa Phat Hai Duong Steel has awarded two contracts to Danieli for new rolling equipment at its Kinh Mon steel complex in Vietnam, Danieli has announced.

Air Liquide, ArcelorMittal Collaborating on CO2 Reduction Project

19 March 2021 - ArcelorMittal and Air Liquide are teaming up to reduce carbon emissions at the steelmaker’s Dunkirk operation in France.

Ukrainian Mill Signs Off on Newly Installed Downcoiler

18 March 2021 - Primetals Technologies recently received the final acceptance certificate for a new downcoiler installed at a Ukrainian mill, the equipment supplier has said.

Hydrogen Takes Center Stage in New Collaboration Agreements

18 March 2021 - POSCO and Australian electricity and natural gas producer Origin Energy have signed a memorandum of understanding on an effort to bring green hydrogen to South Korea, reports the The Sydney Morning Herald newspaper.

ArcelorMittal Rolls Out Green Steel Program

17 March 2021 - ArcelorMittal Europe is launching a certification program that allows the steelmaker to share its carbon reductions with its customers, enabling them to report cuts in their own emissions.

China’s Steel Output Rises in Early 2021

16 March 2021 - China produced nearly 175 million metric tons of steel in January and February, an increase of almost 13%, reports the Reuters news service.

Chilean Producer to Study H2 Steelmaking

16 March 2021 - Chile’s Compañia Siderúrgica Huachipato SA (CSH) has signed a technological cooperation agreement with Paul Wurth to explore a shift to low-carbon steelmaking.

Salzgitter Debuts Wind Energy Project

12 March 2021 - Salzgitter and industrial partners have the cut the ribbon on a wind-powered generation facility at its Salzgitter Flachstahl plant, setting the stage for future green hydrogen production.

thyssenkrupp Orders Danieli Reheat Furnaces

12 March 2021 - Danieli Centro Combustion has won an order for two slab reheat furnaces from thyssenkrupp, the OEM has announced.