Steel News

Forgings Maker Switches on New High-Speed Press

24 June 2020 - Gustav Grimm Edelstahlwerk GmbH & CO. KG, a German high-alloy forgings specialist, has put a new high-speed press from SMS group into service.

Stainless Producer Contracts ABB for Control Systems Upgrade

24 June 2020 - Stainless steel producer Shanxi Taigang Stainless Steel has placed an order with ABB for a new mechanical and electrical control system to govern a cold rolling mill in China’s Shanxi Province.

Tenova, ORI Martin Partner Up on Smart Factory Project

23 June 2020 - Italian special steel producer ORI Martin is collaborating with Tenova on a project to transform the steelmaker’s Brescia plant into a smart factory.

World Steel Sees Recovery in 2021

20 June 2020 - Steel producers throughout the world generally should see demand pick back up in 2021, but it could take at least two years for it to return to pre-pandemic levels, according to a World Steel Association (worldsteel) economic forecast.

Primetals Technologies Adds Three New Users of Caster Software

17 June 2020 - Primetals Technologies has sold its third subscription license for its continuous casting process optimization software in recent months, the company reports.

Aditya Mittal Joins ArcelorMittal Board

15 June 2020 - Aditya Mittal, ArcelorMittal chief financial officer and likely successor as chief executive, has been elected to the company’s board of directors.

China Closes in on Production Milestone

15 June 2020 - Through the first five months of 2020, China’s steel production is on pace to cross the 1-billion-metric-ton threshold this year, reports commodities news and pricing service Argus Media.

MMK Mill Breaks Monthly Production Record

15 June 2020 - A PJSC Magnitogorsk Iron and Steel Works sheet mill rolled more than 500,000 metric tons in May and set a new company record in the process.

GFG Alliance Accelerates Carbon Reduction Investment Plans

12 June 2020 - GFG Alliance is stepping up investment plans but will seek cost savings and efficiency gains throughout its global operations as it looks to adapt to a new environment.

Analyst: EAFs Likely to Gain Global Market Share

12 June 2020 - Electric arc furnaces (EAFs) could account for slightly for more than one-third of market share by 2040 as steelmakers come under increasing pressure to reduce carbon emissions, reports Kallanish Steel.

China Pulls Further Ahead in Steel Production

11 June 2020 - The novel coronavirus pandemic is helping China widen its lead as the world’s largest steel producer, reports The (London) Financial Times.

Germany Lays Big Bet on Hydrogen

11 June 2020 - Germany plans to invest EUR9 billion in efforts that promote hydrogen production and use under a national hydrogen strategy adopted Wednesday.

thyssenkrupp Teams With Electricity Producer on Hydrogen Development

10 June 2020 - thyssenkrupp has agreed to work with electricity generator RWE Generation on developing hydrogen infrastructure as the steelmaker looks to convert a blast furnace to hydrogen in 2022.

GFG Alliance Reveals Plans for Australian DRI Plant, EAF

10 June 2020 - Sanjeev Gupta’s GFG Alliance will build a direct reduction plant and electric arc furnace (EAF) under a revised investment plan for its Whyalla steel works in Australia, the company has announced.

SMS group Wins Caster Maintenance Contract

09 June 2020 - Steel Dynamics Inc. (SDI) has awarded SMS group a multi-year caster maintenance contract for its new flat-rolled facility in Sinton, Texas, USA.

Fives Receives Order for Electrical Steel Lines

09 June 2020 - Fives has won an order for two grain-oriented electrical steel lines from China’s Taiyuan Iron and Steel Co. (TISCO).

Nippon Steel Schedules Blast Furnace Reline

08 June 2020 - Nippon Steel Corp. has announced plans to reline the No. 3 blast furnace at its Nagoya Works in southern Japan.

Danieli Receives Final Acceptance on Rolling Mill Improvements

08 June 2020 - Danieli recently upgraded process controls and automation on a special bar quality mill in southeastern Brazil.

EU Steelmakers Push for Lower Import Limits

08 June 2020 - Europe’s leading steelmakers are calling on the European Commission to lower the limit on the amount of steel that can be imported tariff-free into the bloc, saying that a potential flood of inexpensive steel threatens an already imperiled industry.

voestalpine Delays Opening of Special Steel Plant

05 June 2020 - Delayed deliveries are forcing voestalpine to push back the expected completion date of its advanced special steel plant in Kapfenberg, Austria.