JSW Steel Limited and JFE Steel Corporation have initiated a pilot demonstration of cloud-based Cyber-Physical System (CPS) technologies for blast furnace operations at JSW Steel Vijayanagar Works. This digital project…
Tega McNally Minerals (TMML), a subsidiary of Tega Industries and formerly known as McNally Sayaji Engineering, has entered a consortium agreement with NMDC for the design, manufacturing, supply, erection, testing, and…
Siam Yamato Steel Company Limited (SYS), based in Bangkok, Thailand, specializing in hot-rolled structural steel production, has partnered with SMS group's Brazilian subsidiary, Vetta, to implement the Viridis…
Essar Group is awaiting final approvals to invest about USD 4.5 bln in building a low-carbon steel plant in Saudi Arabia, according to top official Prashant Ruia. Once approvals are received, the conglomerate will begin…
Posco, the world’s seventh-largest steelmaker, aims for carbon neutrality through hydrogen-based steel production. They unveiled a pilot facility, HyREX, which produces steel using hydrogen instead of fossil fuels…
Blastr Green Steel has successfully closed a strategic financing round with key partners, marking a significant milestone in the development of its integrated ultra-low CO2 steel value chain in Europe. Global steel…
Bahrain Steel, a major producer and global supplier of high-grade iron ore pellets, collaborated with HSBC Bahrain to facilitate a transaction utilizing electronic Bill of Lading and ePresentation capabilities. This…
DanSteel has commissioned a new walking beam reheating furnace at its rolling complex 4200 in Frederiksvaerk, Denmark, marking a significant step towards increased efficiency and environmental responsibility. Designed…
The Middle East's crude steel production increased by 7.7pct YoY to 24 mln tons in the first five months of 2024, according to data from the World Steel Association. In May 2024, the region saw a 4.6pct YoY growth…
Indian scrap recycler MTC Business Private Ltd receives investment from Japan’s Mitsui & Co., Ltd., solidifying a strategic partnership for the expansion of metal recycling operations in India. MTC is set to become an…
Algoma Steel Group, a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced its results for the fiscal year ended March 31, 2024. The company reported revenue of CAD 2.795 bln (USD 2…
LKAB, an international mining group, is deepening its strategic partnerships with leading Swedish construction companies as it prepares for a significant expansion and transformation of its business operations. The…
Zimbabwe's Dinson Iron and Steel Company, a subsidiary of China's Tsingshan Holding Group, has commenced production at its USD 1 bln steel plant in in Manhize near Mvuma. Wilfred Motsi, the project director of…
Turkish steel manufacturer Kardemir has announced its sales allocation plan for the period from July to September 2024. The company has increased allocations for billet, rebar, and profiles compared to the previous…
Jindal Stainless supplied stainless steel to manufacture 100 freight wagons, being exported to Mozambique, the company announced in a press release. These wagons, made up of grade IRSM 44 stainless steel specially…
Primetals Technologies has successfully obtained the final acceptance certificate (FAC) for a plate finishing mill installed at Kobe Steel's Kakogawa plant in Japan. This investment, initiated in 2021, aimed to…
Turkish steel manufacturer Kocaer Celik reported a 7.36pct YoY drop in net profit for the first quarter of 2024. According to the company's stock exchange filing, Kocaer Celik recorded a net profit of TRY 95.847 mln…
Tokyo Steel, a major EAF-based steel producer in Japan, has decided to maintain stable steel prices for July, marking the fifth consecutive month of price stability. The company will hold prices steady, with HRC at JPY…
JFE Steel Corporation announced the successful demonstration of its innovative radiant tube burner, developed quickly using digital twin technology. Implemented at a cold rolling plant in the Chiba District of the…
SMS has successfully completed the commissioning of a new Paul Wurth Parallel Hopper Bell Less Top (BLT) in blast furnace A at Salzgitter Flachstahl GmbH. This upgrade involved replacing the outdated BLT system from…