Tata Steel has made significant investments in advanced generative AI platforms, developing over 550 AI models to enhance output, productivity, and quality. The company positions itself at the forefront of technological…
Acciaierie Venete has chosen Danieli to supply a new 100-ton electric-arc furnace, complete with a fume-treatment plant and material handling system, to be installed at its Padova Works in Italy. This new furnace will…
According to the latest data from the World Stainless Association (Worldstainless), global stainless steel production in melt shops increased by 5.4pct YoY in the first three quarters of 2024, reaching 46.092 mln tons…
JSW Steel Dolvi has commissioned SMS to supply a 350-ton BOF converter, along with a twin ladle furnace, gas cleaning plant, and automation systems (Level 1 and Level 2). This project is part of JSW Steel's strategic…
Thailand's G J Steel Public Company Limited announced that it will provide services to G Steel Public Company Limited by using its skin pass facility for inspection, flattening of coils, and other services to address…
Acerbrag, after 20 years of operation, initiated the overhaul of the Danieli-supplied fast-finishing block overgear at its wire rod mill in Bragado, Buenos Aires province, Argentina. The refurbishment involved eight…
Blastr Green Steel has completed its second strategic partner financing round, advancing the development of a European integrated ultra-low CO2 steel value chain with its flagship steel plant in Finland. The round…
India's state-owned iron ore miner NMDC reported a 12.3 pct YoY increase in production, reaching 5.1 mln tons in January 2025, up from 4.54 mln tons in the same month last year, according to a stock exchange filing…
ArcelorMittal's Tubarao unit, located in the metropolitan region of Vitoria, Brazil, is a key player in special steel plate production in Latin America. Recently, SMS group completed the revamp of the suspension system…
Steel Dynamics has awarded AIC a contract to upgrade the automation system at its Roanoke Bar Division rolling mill in Virginia, USA. The project involves replacing the existing control system with a new PLC…
Sweden's SSAB saw its operating profit fall sharply to SEK 487 mln (USD 44 mln) in the December quarter, down from SEK 2.40 bln a year earlier, driven by weak demand and lower prices. Markets in Europe and North America…
India remained a net importer of steel in the first nine months of FY25 (April-December), as imports continued to outpace exports, according to a Union Steel Ministry report. Total steel imports during the period stood…
Jindal Steel & Power Ltd (JSPL) reported a significant decline in net profit for the third quarter of FY 2024-25, ending December 31, 2024, due to higher costs and lower margins. Revenue increased marginally by 0.42pct…
Voestalpine Bohler Welding, a global leader in welding technology, has been expanding its local presence in India, investing around EUR 3 mln (USD 3.12 mln) in recent years. Future projects, including adding solid wire…
Ovako is investing over EUR 6 mln (USD 6.24 mln) to modernize its main bright bar facility in Hallefors, strengthening its position in the steel industry. The modernization scheduled for completion between 2024 and 2026…
Jindal Stainless reported a 5.3pct YoY decline in consolidated net profit for the October-December quarter (Q3FY25), with profit falling to INR 654 crore (USD 75.5 mln) from INR 691 crore in the same period last year…
Nippon Steel Corporation, in collaboration with Nippon Steel Trading Corporation, has announced the supply of NSCarbolex Neutral, the company's green steel brand, to Singapore-based steel pipe distributor Hupsteel Pte…
Austria's Voestalpine Tubulars has successfully commissioned a new profile rolling mill, designed and engineered by Friedrich Kocks GmbH & CO KG. The new equipment is now fully integrated into the hot tube rolling mill…
The Magnitogorsk Iron and Steel Works (MMK) has expanded its use of radio frequency identification (RFID) technology to track the movement of transport and equipment. The system now covers the railway section between…
Tata Steel has become India's first steel company to demonstrate end-to-end capabilities in developing pipes for hydrogen transportation, marking a key milestone in the country's National Hydrogen Mission. The API X65…