Open / Close Advertisement

World

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

Latest News

British Steel Launches Pilot Carbon Capture Project

28 October 2024 - British Steel has initiated a pilot-scale carbon capture project at its Scunthorpe plant, the company has announced. 

Primetals Technologies Tapped for Substation Build 

24 October 2024 - Primetals Technologies has been contracted to build an electrical substation for Saarstahl’s plant in Völklingen, Germany. 

voestalpine Divests German Tool Steel Manufacturer 

23 October 2024 - voestalpine has agreed to sell German tool and engineering steelmaker Buderus Edelstahl to private equity firm Mutares SE & Co. KGaA for an undisclosed amount. 

Blastr Green Steel Lines Up Another Customer

23 October 2024 - German steel processor and distributor Knauf Interfer has signed a memorandum of understanding with startup Blastr Green Steel, inking an agreement that could see the company annually taking 100,000 metric tons of Blastr’s ultralow-CO₂ steel. 

thyssenkrupp, Volkswagen Sign MOU for Low-CO2 Steel 

23 October 2024 - Volkswagen Group and thyssenkrupp have signed a memorandum of understanding related to the future offtake of low-carbon-intensity steel derived from thyssenkrupp’s planned direct reduction plant. 

ABB Signs for ArcelorMittal XCarb Steel 

22 October 2024 - ABB will begin using ArcelorMittal’s low-CO2-intensity steel in its Kabeldon power distribution systems, a move expected to reduce the carbon footprint of key electrification equipment by 29%.

Danieli Inks Contract for Hydrogen-Powered Rebar Mill

21 October 2024 - Danieli is partnering with an Australian entity called Greensteel Australia to build a rebar rolling mill powered by renewably produced hydrogen. 

Tata Steel UK Orders Tenova EAF

21 October 2024 - Tenova has received an order from Tata Steel UK for a high-productivity electric arc furnace, the equipment manufacturer reports. 

European Commission OKs Sweden’s Financial Support for SSAB Project

21 October 2024 - The European Commission has approved Sweden’s plan to provide a EUR128 million grant to SSAB’s mini-mill project in Luleå. 

Former thyssenkrupp Executive to Lead Salzgitter Flachstahl

17 October 2024 - Salzgitter Flachstahl GmbH has named Heike Denecke-Arnold as management board chair, succeeding Ulrich Grethe, who is retiring.

ArcelorMittal Signs Long-Term Supply Agreement for Renewably Produced Steel 

17 October 2024 - Roof window manufacturer VELUX Group has signed a 10-year commercial agreement with ArcelorMittal for renewably produced steel.  

World Steel Association Forecast Points to a Down Year for Steel Demand 

17 October 2024 - The World Steel Association has revised down its 2024 demand outlook, saying it now expects the world to require 1.75 billion tons this year. 

JSW Steel to Explore Carbon Capture at Vijayanagar Plant

16 October 2024 - JSW Steel, iron ore miner BHP and carbon capture solutions provider Carbon Clean have signed an agreement to jointly study a carbon capture solution. 

SHS Group Chooses Technology Suppliers for Process Conversion

16 October 2024 - Germany’s SHS Group has awarded contracts for a direct reduction plant and two electric arc furnaces, the central components of a decarbonization project at its Dillinger/Saar and Völklingen plants.

Chinese Exports on Pace for 100M Metric Tons in 2024

15 October 2024 - With three months still to go in 2024, Chinese steel exports to the rest of the world have reached 81 million metric tons, up 21% from 2023, reports the Bloomberg news service. 

Jindal Group to Acquire Czech Republic’s Vítkovice Steel

09 October 2024 - Czech plate producer Vítkovice Steel is being acquired by India’s Jindal Group, which plans to invest up to EUR150 million in the Ostrava company. 

SSAB Contracts Engineering Partner for Mini-Mill Build

08 October 2024 - SSAB has selected Swedish engineering firm AFRY as its main engineering partner for its Luleå mini-mill project.

Report: thyssenkrupp Re-Examines Plans for Hydrogen DRI Furnace

07 October 2024 - thyssenkrupp AG is said to be reviewing plans for its billion-euro project to convert from traditional blast furnace ironmaking to hydrogen-fueled ironmaking. 

ArcelorMittal Celebrates Start of EUR76 Million Ladle Furnace

03 October 2024 - ArcelorMittal’s Fos-sur-Mer plant in France has inaugurated a new ladle furnace, a milestone event that the company says will contribute to the European steel industry’s energy transition. 

Vale Selects Partner for Electrolyzer Feasibility Studies 

03 October 2024 - Iron ore miner Vale has partnered with a German company to study the feasibility of a green hydrogen production facility in Brazil. 

Page 2 of 3