SSAB to Proceed With EAF Installation 02 Jun 2023 - SSAB’s board of directors has greenlighted construction of an electric arc furnace at its Oxelösund mill, a SEK6.2 billion (US$575.6 million) investment that is projected to reduced Sweden’s national CO2 output by 3%.

B&W, Newpoint Gas to Jointly Market CO2 Capture Tech for Steel Industry 02 Jun 2023 - Babcock & Wilcox (B&W) will work with natural gas processing and treating specialist Newpoint Gas on solvent-based CO2 capture solutions for the steel industry and others, the companies have announced.

Under New Ownership, HWI Sports a New Corporate Look  02 Jun 2023 - Refractories maker HarbisonWalker International (HWI) has unveiled its new brand identity following its February merger with Europe’s Calderys.

India’s Steel Ministry Considering Proposals for Green Hydrogen R&D 01 Jun 2023 - The country’s steel ministry is seeking proposals for research and development of green hydrogen use in iron and steel production, Argus Media reported yesterday.

Nucor, ExxonMobil Sign Carbon Capture Agreement 01 Jun 2023 - Nucor Corp. will begin capturing CO2 emissions at its Louisiana direct reduction plant through a new agreement with ExxonMobil, the steelmaker said on Thursday.

Australia’s InfraBuild Lines Up Financing to Acquire Three U.S. Operations 01 Jun 2023 - InfraBuild, an Australian long products producer owned by Sanjeev Gupta’s GFG Alliance, has secured financing that will allow it to buy three U.S. wire rod operations also owned by GFG Alliance.

Nucor Bar Mill Looks for Q4 Start of New Bundling Station 31 May 2023 - Nucor Corp.’s Jewett, Texas, USA, bar mill has awarded a contract to Danieli for a new bundling station, the equipment manufacturer reports.

Spanish Mill Installs Hot Billet Charging System   31 May 2023 - A Sarralle-built hot-charging system has passed its factory acceptance test and is being installed at the customer’s plant in Spain.

HBIS Reports Success With Hydrogen-Based Plant  30 May 2023 - China’s HBIS Group said it is having success in producing direct reduced iron with hydrogen, achieving a metallization ratio of 94%, the Reuters news service reports.

POSCO Looks to Begin Work on Pilot DRI Plant 30 May 2023 - POSCO is set to break ground on a pilot-scale direct reduction plant that utilizes hydrogen, reports The Korea Economic Daily newspaper.