Steel News

thyssenkrupp Spin-Off to Focus on IOT Solutions

18 September 2019 - thyssenkrupp has created a new consulting and technology services company intended to help others undertake their own digital transformations.

Midrex Technology Selected for H2-Based Iron Reduction Plant

17 September 2019 - The world’s largest steelmaker has chosen Midrex Technologies to build a demonstration-scale, ironmaking plant that uses hydrogen reduction.

Turkish Producer Plans New Blast Furnace

17 September 2019 - The board at Turkey's Kardemir has OK'd plans to build a new blast furnace, a move that will lift the company's hot metal capacity by 1 million metric tons, the company has said.

Timken to Acquire BEKA Lubrication

17 September 2019 - The Timken Co. has reached an agreement to acquire automatic lubrication systems manufacturer BEKA Lubrication for approximately US$165 million in cash and debt, Timken said on Monday.

British Steel Chief Executive Steps Down

12 September 2019 - Gerald Reichmann has stepped down as British Steel’s chief executive as the company's receiver and would-be buyer Ataer Holdings work toward completing a sale, reports The Grimsby Telegraph newspaper.

thyssenkrupp Receives Approval of Climate Targets

11 September 2019 - Science Based Targets initiative (SBTi) confirmed that with this approval, thyssenkrupp is also acting in line with the goals established at the 2015 Paris climate conference.

ArcelorMittal Joins Carbon Sequestration Project

11 September 2019 - The world’s largest steelmaker has joined a project that will explore carbon capture and storage in Europe.

Furnace at Nippon Steel’s Kimitsu Works Damaged in Typhoon

11 September 2019 - Nippon Steel Corp. has temporarily idled a steelmaking unit at its Kimitsu Steel Works after a chimney collapsed during a typhoon on Monday, according to the Reuters news service.

Slag Heaps Can Help Sequester Carbon Dioxide, Researchers Say

11 September 2019 - With a little bit of management, slag heaps could offer steelmakers a convenient and inexpensive way to capture carbon and offset emissions, according to a new study by researchers at the University of Leeds.

US$1 Billion Steelmaking Facility Planned for the Philippines

10 September 2019 - Philippine steelmaker SteelAsia Manufacturing Corp. and China’s HBIS Group Co. Ltd. are partnering to build an integrated steelmaking facility in the Batangas province in the Philippines, according to a government newswire.

SSAB Auto Steel Receives OK from Indian Government

10 September 2019 - SSAB’s line of hot- and cold-rolled Docol® automotive steel has received its Bureau of Indian Standards (BIS) certification, the company reports.

NLMK Iron Ore Project Enters Next Phase

10 September 2019 - NLMK Group’s Stoilensky iron ore division has moved to the third stage of construction on its new dewatering plant, the Russian steelmaker has said.

Primetals Technologies Automation Upgrades Receive Final Acceptance from Gerdau

05 September 2019 - Primetals Technologies has received the final acceptance certificates on level 1 and 2 systems upgrades at Gerdau's Ouro Branco mill in Brazil.

Tokyo Steel Chooses Danieli Automated Scrap Handling Solution

05 September 2019 - Tokyo Steel has contracted Danieli to automate classification of scrap at its Kyushu plant, Danieli has announced.

SMS Tapped to Revamp Salzgitter Caster

04 September 2019 - SMS group has been commissioned to revamp the No. 1 continuous caster at Salzgitter Flachstahl’s Salzgitter works in Germany.

EU Countries Approve Steel Safeguard Revisions

04 September 2019 - European Union governments have OK'd tighter restrictions on steel imports, lowering the threshold at which 25% duty on certain grades applies, the Reuters news service reports.

Tata Steel to Close U. K. Steel Mill

03 September 2019 - Unable to find a buyer for its Orb Electrical Steels operation in South Wales, and unwilling to roll the dice on a substantial upgrade, Tata Steel Europe will instead close the facility, the company has announced.

Liberty Steel Sets European Investments

03 September 2019 - Sanjeev Gupta’s Liberty Steel plans to invest more than US$443 million over the next five years in its newly acquired European mills, Liberty Steel chief executive Jon Bolton tells Bloomberg news service.

Chinese Casters Re-Enter Production Following Improvements

03 September 2019 - China’s TISCO has completed upgrades to two thin-slab casters and has returned the machines to service, reports Danieli, the project contractor.

U.K. Establishes Funds to Support Steel Decarbonization

29 August 2019 - The U.K. government is allocating GBP350 million (US$426.9 million) to two funds that will support efforts to decarbonize its steel industry and scale up production of hydrogen.