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World

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

Latest News

Hyundai Steel Mass Produces 1.8 GPa Hot Stamping Steel

15 February 2022 - The Korean steelmaker announced last week it has successfully achieved volume production of super-strong hot stamping steel.

Report: Ecolant Breaks Ground on DRI-Fed EAF Steel Plant in Russia

14 February 2022 - Ecolant, a company of OMK owner Anatoly Sedykh, has broken ground on a Rb150 billion (US$2 billion) direct reduced iron–fed electric arc furnace mill in Vyksa, Russia, according to S&P Global Platts.

MMK Ranked Among World’s Most Sustainable Steelmakers by S&P Global

11 February 2022 - Russia’s Magnitogorsk Iron & Steel Works (MMK) has been named by S&P Global as one of the world’s top companies for sustainability initiatives, the steelmaker announced today.

Primetals Technologies Selected to Upgrade Turkish Wire Rod Mill

10 February 2022 - Turkish metals producer Ege Çelìk Endüstrisi Sanayi ve Ticaret A.Ş. has contracted Primetals Technologies to upgrade its wire rod mill located in İzmir.

Tata Steel to Build Mini Steel Recycling Plants

09 February 2022 - According to top company officials, Tata Steel is gearing up to build small-sized factories to make reinforced steel from scrapped automobiles and other products.

Danieli Wins Contract for Long Products Mill From Yukun I&S

09 February 2022 - The equipment supplier’s scope of supply will include four new casters and seven new rolling mills for bar and wire rod for a project in Eshan county, China.

U.S. Reaches Deal With Japan to Cut Steel Tariffs

08 February 2022 - The two countries announced on Monday the removal of tariffs on approximately 1.25 million metric tons of Japanese steel imports per year.

ArcelorMittal to Transform French Operations With €1.7 Billion Investment

07 February 2022 - In an official ceremony last week, ArcelorMittal revealed that it has won the backing of the French government for a €1.7 billion plan to decarbonize its Fos-sur-Mer and Dunkirk operations.

To Win Gold, Winter Olympians Turn to Steel

04 February 2022 - At this year’s Winter Olympics in Beijing, China, many elite athletes will rely on the strength and durability of voestalpine advanced steel grades as they push the limits of their disciplines.

Tenova to Provide NextGen® System for Celsa France

03 February 2022 - The French steelmaker has placed an order for Tenova Goodfellow’s iEAF® technology platform using the NextGen® system, Tenova announced yesterday in a press release.

Salzgitter Unveils “Salzgitter AG 2030” Strategy

02 February 2022 - The German steel producer today presented its strategy to establish itself as a leader for circular economy solutions through closed-loop value flows and supply chains.

Severstal Invests in New Low-Carbon Hydrogen Technology

02 February 2022 - Severstal has announced that it has invested in Ekona Power Inc., a developer of low-carbon hydrogen production technology.

Gerdau To Cut 10% of Its Carbon Emissions by 2031, Go Carbon Neutral in 2050

02 February 2022 - Gerdau plans to reduce its Scope 1 and 2 emissions rate to less than 50% of the global industry average by 2031 and reach carbon neutrality by 2050, according to an official press release.

Tenaris, Saipem and SIAD Sign MoU for CO2 Capture Project

01 February 2022 - A Memorandum of Understanding (MoU) has been signed by Tenaris, Saipem and SIAD to start the design process of a carbon dioxide capture and utilization (CCU) plant.

Gerdau Cosigua Completes Factory Acceptance Tests

01 February 2022 - In a press release, AIC announced that factory acceptance tests were completed at the end of 2021 for the modernization of finishing block technology on Gerdau Cosigua’s Rod Mill #2 in Rio de Janeiro, Brazil.

Metinvest Launched More Than 50 New Products Last Year

01 February 2022 - The company’s metallurgical segment started production on 54 new types of products in 2021, Metinvest announced last week.

SSAB Plans SEK 45 Billion Investment to Accelerate Green Transformation

31 January 2022 - Last week SSAB laid out an aggressive new decarbonization strategy that, if implemented, would allow the steelmaker to eliminate most of its carbon emissions by 2030.

ArcelorMittal’s Latest XCarb Investment Aims to Disrupt Hydrogen Electrolysis Technology

27 January 2022 - ArcelorMittal’s XCarb™ innovation fund has awarded US$5 million to H2Pro, a startup developing an energy-efficient and cost-effective alternative to water electrolysis for generating green hydrogen.

voestalpine Upgrades Facilities With Photovoltaic Systems

27 January 2022 - The company announced this week it is installing photovoltaic systems at its sites, capable of generating nearly 6 MWp, which is enough green energy to drive 10,000 electric vehicles around the world once a year.

New Premium Steel Plate Developed by Hyundai Steel

27 January 2022 - Hyundai Steel has developed a 1.5 GPa martensitic steel plate that will be used on electric vehicles.