Steel News

Work Continues on U.S.-EU Green Steel Deal

20 September 2023 - Representatives of the U.S. and European Union are continuing to negotiate a trade deal on green steel and aluminum in advance of a trade summit in the back half of October, reports Politico.

U.K. Agrees to Help Fund Tata Steel Decarbonization Effort

15 September 2023 - The U.K. government has agreed to provide GBP500 million in support of Tata Steel’s EAF conversion at its Port Talbot works, the company has announced.

Volvo Agrees to Purchase Green Steel

14 September 2023 - Volvo Group has committed to purchasing low-CO2 steel from H2 Green Steel’s planned plant in northern Sweden, the company has announced.

voestalpine Embarks Upon a New Era in Steelmaking

14 September 2023 - voestalpine has broken ground on a EUR450 million electric arc furnace (EAF) at its Donawitz plant in Austria, the first of two that the steelmaker will build, the company has said.

Midrex: Global DRI Output Increased in 2022

14 September 2023 - Global direct reduced iron (DRI) production rose 6.9% last year, growing to a record 127.4 million metric tons, according to Midrex Technologies’ annual tally.

BlueScope Executes On New Zealand EAF Project

11 September 2023 - The steelmaker announced that it has received board approval on a NZ$300 million (US$177 million) electric arc furnace (EAF) project at its New Zealand Steel works at Glenbrook, and that the project has moved into execution.

Acciaieria Arvedi Commissions Danieli Heavy-Duty Shredder Plant

11 September 2023 - Danieli announced today its Danieli Centro Recycling high-performance, shredder-based, steel scrap processing plant is being commissioned at Acciaieria Arvedi in Cremona, Italy.

H2 Green Steel Exploring Projects in North America, South America

07 September 2023 - As H2 Green Steel looks to build its first plant in Sweden, it also is weighing potential green hydrogen and direct reduction projects in the U.S., Canada, Brazil and Portugal, reports the (London) Financial Times.

H2 Green Steel Lines Up EUR1.5 Billion in Equity Funding

07 September 2023 - European steel startup H2 Green Steel has raised approximately EUR1.5 billion in equity from a group of investors, a round that will finance its planned green steel plant and a giga-scale hydrogen electrolyzer.

Acquisition Expands Primetals Technologies Cutting Tech Know-How

07 September 2023 - Primetals Technologies has acquired the assets and intellectual property of Spain’s Torch-Cutting Technologies (TCT) in a deal that will complement its offerings in cutting technology.

ANDRITZ to Build Cold Mill for ArcelorMittal France

07 September 2023 - ArcelorMittal France has placed an order with ANDRITZ for a reversible 6-high cold mill to produce light-gauge, non-oriented electrical steels, the equipment manufacturer has announced.

Tata Steel, ABB Ink MoU Focused on Low-CO2 Solutions

07 September 2023 - Tata Steel and ABB have agreed to work together on developing models and technologies intended to reduce steel’s carbon footprint.

Danieli Receives Order for Brazilian Cold Mill

05 September 2023 - German cold-rolled strip producer Waelzholz has contracted Danieli to build a 4-high reversing mill for a facility in Brazil.

JFE Plans to Raise Capital for Decarbonization, Expansion Projects

05 September 2023 - Japan’s JFE Holdings is moving to raise approximately JPY200 billion (US$1.37 billion) for decarbonization projects and to expand electrical steel production, according to NikkeiAsia.

CELSA Creditors Win Control of Company

05 September 2023 - Creditors of Spanish long products maker CELSA Group will take control of the company after a judge approved a multi-billion-euro restructuring plan.

Primetals Technologies Receives Order for Two LD Converters

30 August 2023 - ArcelorMittal’s Brazilian unit has placed an order with Primetals Technologies for two basic oxygen furnaces and gas cleaning equipment, according to the equipment supplier.

Blastr Green Steel Makes Headway on Proposed Nordic DRI-EAF Facility

28 August 2023 - A European start-up steel producer hopes to name an engineering partner and equipment suppliers sometime in the next few months and is laying the procedural groundwork for its environmental impact assessment, the company reports.

Tata Steel to Expand Hot Blast Systems at Three BFs

24 August 2023 - Tata Steel has contracted Danieli Corus to add stoves to the hot blast systems serving three of its furnaces in India.

BlueScope to Proceed With Australian BF Reline

22 August 2023 - Australia’s BlueScope Steel Ltd. will invest AU$1.15 billion to reline a blast furnace at its Port Kembla Steelworks, a move that it says will “secure our immediate future while enabling a transition to lower-emissions steelmaking as soon as it is commercially feasible.”

Primetals Technologies Receives Order for Rolling Mill Upgrade

22 August 2023 - Primetals Technologies has been contracted to upgrade a pickling line and tandem cold mill at a Taiwanese mill, the company reports.