South Korean steel producer Posco has announced plans to sell its entire stake in Nippon Steel, valued at KRW 467 bln (USD 318 mln), while maintaining their long-standing partnership. The stake has been reclassified as…
International technology group Andritz has secured an order from ArcelorMittal Calvert to supply an annealing and coating line, along with a cold rolling mill, for its new state-of-the-art electrical steel facility in…
Dusseldorf-based Hoberg & Driesch Rohrengruppe, a leading European steel tube distributor with branches in ten countries, has reached an agreement to acquire part of Salzgitter Mannesmann Stahlhandel GmbH's tube…
Severstal has completed the first stage of an investment project to boost finished product shipments at the Cherepovets Metallurgical Plant (CherMK), a key flat-rolled steel production facility. The plant has increased…
Ezz Steel announced that its shares have been delisted from the Egyptian Stock Exchange (EGX) as of March 13, 2025. In response, the company has set up an over-the-counter (OTC) trading facility using the EGX's…
Amreli Steels Limited has extended the temporary suspension of operations at its rolling mill plant in Karachi's S.I.T.E. area for another six months due to ongoing operational and economic challenges in the steel…
An incident at Tata Steel's Kalinganagar melt shop injured nine individuals, the company said in a statement, without providing specific details. Local media reports suggested the injuries resulted from an explosion at…
Thailand-based hot-rolled coil producer G Steel, a subsidiary of Nippon Steel Corporation, is expanding its Rayong plant by adding cold rolling capabilities. The company has partnered with Danieli to install a four-high…
Japanese stainless steel producer Nippon Yakin Kogyo has successfully rolled the first coil on its newly installed HZ-Mill from Primetals Technologies at its Kawasaki plant. This marks the first use of an HZ-Mill for…
Italy's Minister of Enterprises and Made in Italy, Adolfo Urso, announced that Baku Steel has submitted the best offer among three bidders for the troubled Taranto steel plant, one of Europe's largest steelworks…
Tatcelik has appointed Tolga Yalgi as General Manager and Chairman of the Executive Board, effective February 24, to drive its innovation-focused vision. Yalgi has extensive experience in the automotive industry. He…
Steel Exchange India has increased production capacity at its billet mill and rolling bar mill at its Visakhapatnam plant in Andhra Pradesh. The billet mill capacity has been expanded by 45pct, rising from 250,000 tons…
ArcelorMittal South Africa (ArcelorMittal SA) is in talks with the government and other stakeholders for funding to potentially delay the planned closure of its long steel operations. However, the company emphasized…
The Uusimaa Centre for Economic Development, Transport, and the Environment (ELY Center) has issued its reasoned conclusion on the Environmental Impact Assessment (EIA) for Blastr's low-emission steel plant. This marks…
Jiangsu Shagang Group has successfully restarted its 5,800-cubic-meter Blast Furnace #4 at the Zhangjiagang plant in Jiangsu province following a major modernization by Danieli Corus. The upgrade involved converting the…
India's trade regulator has proposed a 12pct safeguard duty on flat steel products for 200 days to curb rising imports, according to a government notice. The Directorate General of Trade Remedies (DGTR), under the…
Andec's Mill plant in Ecuador has successfully completed its modernization project with AIC's expertise. This comprehensive upgrade involved revamping the PLC, converters, recipe systems, and HMI, requiring specialized…
The European Commission (EC) has released its preliminary findings on the anti-dumping investigation into hot-rolled flat steel imports from Egypt, India, Japan, and Vietnam. As a result, the EC has proposed provisional…
Saudi Arabia's Group Five Pipe posted a significant surge in net profit, reaching SAR 38.5 mln (USD 10.2 mln) in 2024, compared to SAR 9.37 mln in the previous year, according to a stock exchange filing. Revenues more…
Turkish steel producer Colakoglu Metalurji has joined the Global Steel Climate Council (GSCC), a platform driving the industry's transition to net-zero emissions by 2050 and promoting low-carbon steel production. This…