SMS group and Steel Dynamics (SDI) have celebrated the successful start-up of four new production lines at two locations. The new Continuous Galvanizing Lines (CGLs) and Color Coating Lines (CCLs) in Sinton, Texas, and…
Al Ezz Dekheila Steel Co., the largest steel manufacturing facility in Egypt, has selected MORE to provide pneumatic lime injection technology for its 160-ton electric arc furnace. The new lime pneumatic injection…
India was a net importer of steel in Q1 FY25 (April to June), with imports exceeding exports by 0.6 mln tons. Finished steel exports declined consistently due to poor global demand and competition from China, while…
ArcelorMittal Poland placed an order in 2021 with Primetals Technologies for a gas cleaning plant for its blast furnace No. 2 in Dabrowa Gornicza, Poland. Recently, ArcelorMittal granted the final acceptance certificate…
Iron ore futures declined on Tuesday as demand concerns overshadowed persistent hopes for stimulus measures. According to recent data from the China Iron and Steel Association (CISA), major member steel producers…
JFE Steel Corporation announced that its JGreeX green-steel wire rod will be used for the wire handles of "LOOPOX" containers, designed for storing and transporting recycled resources. This marks the first use of JGreeX…
SSAB and Danieli have signed an Early Service Agreement (ESA) for the pre-engineering phase of the Lulea mini-mill project in Sweden. Danieli will provide a highly automated mini-mill solution featuring two electric arc…
Cobra IS, a subsidiary of Vinci, has been awarded a contract by SMS Group GmbH to perform piping and mechanical works at Thyssenkrupp Steel Europe's production plant in Duisburg, Germany. The contract is valued at EUR…
Oman's Al Jazeera Steel Products Co. has ordered two tying machines from ATS Mechatronics, a division of the AIC Group. The TMB400 tying machine boasts the fastest tying cycle on the market at 6.8 seconds. While the…
Arabian Gulf Steel Industries (AGSI) is at the forefront of a new initiative launched by Abu Dhabi Distribution Company (ADDC), a subsidiary of the Abu Dhabi National Energy Company (TAQA). The initiative, known as the…
Tata Steel has announced plans to double its manufacturing capacity in India, increasing production from 21 mln tons per annum to approximately 40 mln tons per annum. The company primarily operates in Jamshedpur…
Cleveland-Cliffs Inc. has announced a definitive agreement to acquire Stelco Holdings Inc. The transaction values Stelco at approximately USD 2.5 bln. Upon completion, Cliffs shareholders will own about 95pct of the…
Hyundai Steel is expanding its international sales in Europe and America for carbon-reduced steel to align with the global push for carbon neutrality and the EU's Carbon Border Adjustment Mechanism. Recently, Hyundai…
The latest data from the World Stainless Association (Worldstainless) showed that global stainless steel melt shop production increased by 5.5pct YoY in Q1 2024, reaching 14.585 mln tons. However, the output declined by…
British Steel's Teesside Beam Mill has successfully completed its GBP 1.4 mln (USD 1.8 mln) summer maintenance and improvement program. David Hogg, Plant Manager for Northern Mills, announced that rolling has resumed…
Egypt's steel producer, Ezz Steel, reported a profit in the first quarter of 2024, according to the company's financial statement. The company recorded a profit of EGP 1.26 bln (USD 26.2 mln), compared to a loss of EGP…
China has not approved any coal-based steelmaking projects in the first half of this year, marking a first since the announcement of its significant climate neutrality goals in 2020, according to a Bloomberg report…
Acciaieria Arvedi, a leading Italian steel producer, has commissioned Primetals Technologies to upgrade its two vacuum degassers (VD) at the Cremona plant, Italy, with plans for completion by the second half of 2025…
Turkish steel producer Kardemir has announced new rebar prices according to its latest price list. The company is now offering rebar in sizes ranging from 12 to 32 mm at TRY 19,550 (USD 595) per ton, up from the…
Baosteel, a part of the Baowu Group, has launched operations at its new Danieli Zerobucket Ultra-High Power (UHP) electric arc furnace (EAF) in its Shanghai plant. Danieli provided a brand-new 150-ton UHP EAF featuring…