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World

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

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Gerdau Signs Danieli for Brazilian BF Upgrade 

15 February 2024 - Gerdau’s Ouro Branco mill has contracted Danieli Corus to modernize its No. 1 blast furnace, a project intended to extend the life of the unit for at least another 15 years. 

Solar Array Brings Clean Energy to SSAB Service Center 

15 February 2024 - An SSAB service center in Italy is being run entirely on fossil-fuel-free power after having installed a solar panel array on the roof of its facility, the company reports. 

JSW, JFE Cement Grain-Oriented Electrical Steel Joint Venture 

14 February 2024 - India’s JSW Steel and Japan’s JFE Steel have broken ground on a joint-venture electrical steel plant in India, the equivalent of a US$670 million investment that will bring about India’s first end-to-end manufacturer of grain-oriented electrical steel. 

Nippon Steel Reports Successful H2 Injection Trial 

14 February 2024 - Nippon Steel Corp. reduced blast furnace CO2 emissions by 33% during a month-long hydrogen injection trial, the company has reported. 

Tenova LOI Thermprocess Reports Success in Hydrogen-Fueled Annealing Trial

08 February 2024 - Collaborating with Tenova LOI Thermprocess, thyssenkrupp Hohenlimburg has successfully annealed a batch of hot-rolled strip by way of a CO2-neutral process that produces low NOx emissions.

Primetals Technologies Contracted for Plate Mill Improvement

08 February 2024 - Hyundai Steel is upgrading a heavy plate mill with a new cooling system designed to reduce the overall hold time between the roughing and finishing stands.

Acquisition to Expand North American Stainless Footprint  

05 February 2024 - Acerinox subsidiary North American Stainless is acquiring high-performance alloys maker Haynes International in a cash deal valued at US$970 million, the companies announced Monday. 

Iraqi Company Selects Danieli as Rolling Mill Supplier 

05 February 2024 - Danieli has been contracted to build a 500,000-metric-ton rebar mill for Iraq’s Muhaj Baghdad, the company has announced. 

Australia to Support BlueScope BF Reline

31 January 2024 - BlueScope Steel has been awarded an AU$136.8 million grant in support of a blast furnace reline and plant upgrades at its Port Kembla facility. 

Primetals Technologies Selected for AOD Revamp 

31 January 2024 - Italian special stainless steel producer ASONEXT has contracted Primetals Technologies to revamp its 40-metric-ton argon oxygen decarburization (AOD) converter shop at its facilities in Brescia, Italy. 

Japanese Banks Back Nippon Steel Acquisition of U. S. Steel

30 January 2024 - Nippon Steel Corp. has lined up US$16 billion in loans for its planned acquisition of United States Steel Corporation, the Reuters news service reports. 

JSW Steel Sees Indian Steel Demand Growing 

30 January 2024 - India’s JSW Steel is forecasting that Indian steel demand could grow 8% to 10% in the next few years, driven in part by infrastructure construction, according to the company’s managing director. 

H2 Green Steel Reaches New Funding Milestone

22 January 2024 - H2 Green Steel has signed definitive debt financing agreements amounting to EUR4.2 billion and has raised an additional EUR300 million in equity, the startup producer said Monday. 

Salzgitter Chooses SMS group for HSM Improvement

22 January 2024 - Salzgitter Flachstahl GmbH is upgrading its hot strip mill with a comprehensive technology package from SMS group, the equipment manufacturer has announced. 

Doubts Arise Over China’s Latest Steel Production Numbers  

22 January 2024 - Skepticism is again rising over China’s official economic activity measures, with steel being a prime case in point, report the (London) Financial Times. 

Tata Steel Announces Plan to Replace U.K. BFs with EAFs

19 January 2024 - Tata Steel will close its two U.K. blast furnaces and replace them with electric arc furnaces as part of an effort to decarbonize its operations, the steelmaker announced Friday.

Italy Takes Steps to Repossess Its Largest Steelworks

19 January 2024 - The Italian government is moving to put the former ILVA steelworks under special administration after failing to agree with majority owner ArcelorMittal on a capital injection plan, reports the (London) Financial Times.

voestalpine Contracts Primetals Technologies for EAF Build

17 January 2024 - voestalpine has placed an order with Primetals Technologies for a 180-metric-ton electric arc furnace, the equipment manufacturer has announced. 

Baosteel Mill Starts Energiron DRI Facility 

17 January 2024 - China’s Baosteel Zhanjiang Iron & Steel gas fired up a new Energiron direct reduction plant, said to be the world’s largest reactor currently using hydrogen. 

Report: Danieli, Metinvest Stepping In to ILVA Plant  

17 January 2024 -  Italian plant manufacturer Danieli and Ukraine’s Metinvest have reached an agreement with the Italian government to reboot the former ILVA plant in Tuscany, according to the Reuters news service. 

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