Industry
Latest News
Danieli: Turkish Spooling Line Sets New Speed Record
05 September 2024 - A Danieli-built bar spooling is breaking speed records, achieving rates of 40 m/second for 8 and 10 mm diameters, Danieli reports.
Midrex, Vale to Further Develop Use of Iron Ore Briquettes in DRI Furnaces
05 September 2024 - Midrex Technologies Inc. has signed a technical cooperation agreement with iron ore miner Vale, allowing the two companies to further collaborate on a technical solution for the use of iron ore briquettes in direct reduction plants.
New CEO Takes the Helm of Vollmer
05 September 2024 - Strip measurement specialist Friedrich Vollmer Feinmessgeräte GmbH has named Thorsten Wünsch as chief executive officer, the company has announced.
Chinese Steel Exports Resurge
03 September 2024 - Chinese steel exports are on pace to reach or exceed 100 million metric tons this year, an eight-year high, reports the (London) Financial Times.
Harris Joins Biden in Opposing U. S. Steel Sale
03 September 2024 - U.S. Vice President Kamala Harris said she disapproves of Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, arguing that the company should remain domestically owned.
thyssenkrupp Steel Europe CEO Leaves Company Amid Dispute
29 August 2024 - Several thyssenkrupp Steel executives, including its chief executive officer, are parting ways with the company as a result of a dispute over the division's future, the Bloomberg news service reports.
Nippon Steel Promises Additional Investment in Mon Valley, Gary Works
29 August 2024 - Nippon Steel Corp. plans to invest an additional US$1.3 billion, if not more, in United States Steel Corporation’s Mon Valley and Gary works, should it finalize its acquisition of the iconic American steelmaker.
Salzgitter Trading Division Now Offers Product CO2 Declarations
28 August 2024 - Salzgitter Mannesmann Handel GmbH has developed a tool to calculate the carbon dioxide equivalent footprint of its products along the entire value chain and will issue product carbon footprint declarations.
ABB Selected for SSAB Rolling Mill Upgrade
28 August 2024 - ABB has won three related contracts tied to SSAB’s planned improvements of its Borlänge hot rolling mill in Sweden.
SSAB Completes Pilot Phase of HYBRIT Initiative
27 August 2024 - SSAB and partners are moving their HYBRIT fossil-fuel-free iron and steel initiative to the next stage of development, wrapping up an initial six-year effort that successfully demonstrated the feasibility of their process.
German Producer Issues FAC on New Scrap Cutting System
27 August 2024 - German special steel producer Lech-Stahlwerke (LSW) has signed the final acceptance certificate for a an innovative scrap torch-cutting machine at its plant in Meitingen, according to the machine's builder, Primetals Technologies.
China Reconsiders Capacity Swap Program
26 August 2024 - With China’s demand for steel on the decline, the government is rethinking its policy for allowing new steel mills to be built, according to the Bloomberg news service.
Canada to Implement 25% Tariff on Chinese Steel
26 August 2024 - Taking a cue from the United States and Europe, Canada announced Monday that it will impose a 25% tariff on Chinese steel, as well as Chinese aluminum and electric vehicles produced in the country.
Cleveland Cliffs Names New SVP
22 August 2024 - Cleveland-Cliffs Inc. has promoted vice president Michael Hrosik to the C-suite, naming him the senior vice president of its commercial operations.
CONSOL, Arch Agree to Join Forces
21 August 2024 - Coal miners Arch Resources Inc. and CONSOL Energy Inc. have agreed to merge, creating a US$5 billion company producing both high-quality thermal and metallurgical coal.
NLMK Indiana Completes EAF Overhaul
21 August 2024 - NLMK Indiana successfully has started up a revamped, 118-ton electric arc furnace, according to project contractor Primetals Technologies.
ArcelorMittal to Add Solar Capacity in Brazil
21 August 2024 - ArcelorMittal Brazil on Wednesday signed contracts to develop two solar energy projects with a combined capacity of 465 MW, equivalent to 14% of its current electricity requirements.
Trump Again Pledges to Halt U. S. Steel-Nippon Steel Deal
21 August 2024 - Donald Trump reiterated a campaign promise to block Nippon Steel Corp.’s acquisition of United States Steel Corporation during a campaign stop in central Pennsylvania.
Nucor Names New VP at W.Va. Sheet Mill
20 August 2024 - Nucor Corp. has named Johnny Jacobs as vice president and general manager of its new West Virginia sheet mill, succeeding John Farris, who is retiring after 32 years with the company, reports WVNews.
Caster Robot Takes its Place at Gerdau Plant
20 August 2024 - Gerdau’s Araçariguama plant in Brazil has installed a PolyCAST multitool robot on its caster, an upgrade that improves productivity and safety.