Steel News

POSCO Selects Tenova for KRW600 Billion EAF Installation (Update)

21 June 2023 - South Korea’s POSCO has placed an order with Tenova for a Consteel electric arc furnace (EAF), a transformative project that will usher in a new era of steelmaking for the traditionally integrated producer, the equipment manufacturer has announced.

Ternium Selects Pesquería, Mexico, for Slab Mill Build

21 June 2023 - Ternium will build its planned slab mill at its Pesquería, Nuevo León, facility in Mexico, the steelmaker has said.

University of Queensland Unveils Novel Sinter Technology to Lower Emissions

21 June 2023 - Researchers at the University of Queensland have developed a new type of sinter that requires 23% less coking coal.

ArcelorMittal Moves Forward on EAF Installation in Luxembourg

19 June 2023 - ArcelorMittal Luxembourg is greenlighting an EUR67 million investment in a replacement electric arc furnace (EAF) at its Belval mill.

SMS group, Tata Steel to Demonstrate New BF Decarbonization Technology

15 June 2023 - SMS group and Tata Steel plan to jointly showcase new decarbonization technology designed for blast furnaces.

Primetals Technologies to Equip Spanish Startup Mill

15 June 2023 - Spanish steel startup Hydnum Steel has selected Primetals Technologies as its engineering and technology provider for a planned flat-rolled mill on the Iberian Peninsula.

ArcelorMittal Reveals Plan for Electric Iron Plant

14 June 2023 - ArcelorMittal will build an industrial-scale ironmaking plant that relies on electrolysis rather than heat to produce it, the steelmaker announced Wednesday.

Danieli Wraps Up Spooling Line, Billet Welder Install

13 June 2023 - Nucor Corp.’s Utah long products mill has begun producing spooled rebar on a continuous basis following installation of a billet welder and spooling line, according to the equipment supplier on the project.

ArcelorMittal Finds Buyer for Idled Steel Mill

12 June 2023 - A Trinidad and Tobago company is acquiring ArcelorMittal’s idled Point Lisas facility with plans to restart production within 18 months.

Rio Tinto, China Baowu Partner on Australian, Chinese Decarbonization Projects

12 June 2023 - Rio Tinto and China Baowu Steel Group have signed a memorandum of understanding to explore a number of decarbonization-related projects in Australia and China, the iron ore miner has announced.

Cooperation Agreement Pairs Tenova EAF Know-How and GE Vernova Power Feeding Tech

12 June 2023 - Tenova and GE Vernova’s power conversion business have signed a cooperation agreement under which they’ll design and market tailored, medium-voltage power feeding systems for electric arc furnaces (EAFs) and submerged arc furnaces (SAFs).

JFE Steel Partners With ExxonMobil on H2 Line Pipe Development

09 June 2023 - Japan's JFE Steel and ExxonMobil will work on developing high-pressure line pipe meant to carry hydrogen, reports NikkeiAsia.

Primetals Technologies to Supply Compensator to Virginia Mill

08 June 2023 - Gerdau has contracted Primetals Technologies to supply a 69-kV static synchronous compensator for its Petersburg mill in Virginia, the mill equipment manufacturer reports.

H2 Green Steel Considers North American Steel Production Plant

08 June 2023 - Nordic startup H2 Green Steel has signed a supply agreement with Mercedes-Benz for 50,000 metric tons annually of green steel as they assess the potential to produce steel in North America.

thyssenkrupp Green DRI Project to Receive Government Support

06 June 2023 - Germany is preparing to support thyssenkrupp’s plans to build a green iron plant in Duisburg with EUR2 billion in funding, reports the Reuters news service.

Optimus Steel Eyes Q3 Commissioning of Straight Rebar Line

05 June 2023 - Optimus Steel expects to begin commissioning a straight rebar line in the third quarter of 2023 and has started construction of a new reheat furnace and roughing and intermediate mill, the company said on Monday.

SSAB, Fortum to Initiate FEED Study on Hydrogen-Based Sponge Iron Plant

05 June 2023 - SSAB and Finnish energy company Fortum will undertake a front-end engineering design of a potential industrial-scale, hydrogen-reduced sponge iron plant, the companies have announced.

Brazilian Producer Adds PSI Metals’ Production Management Software

05 June 2023 - Brazil’s Villares Metals has installed PSI Metal’s production management software on a hot rolling mill as part of an effort to improve quality control, reduce operational failures and better synchronize the equipment with other assets.

SSAB to Proceed With EAF Installation

02 June 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%.

India’s Steel Ministry Considering Proposals for Green Hydrogen R&D

01 June 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.