Wuhan Iron and Steel Co. (WISCO) has awarded Primetals Technologies a contract to supply a new six-strand bloom caster at its steelworks in Wuhan, Hubei Province. The project forms part of WISCO's strategy to optimize…
JSW Steel has awarded Yogiji Digi contracts for its 0.2 mln ton per year tin plate expansion project, further advancing the steelmaker's downstream processing capabilities in India. Under the contract, Yogiji Digi will…
U.S.-based Bull Moose Tube Company has reached a definitive agreement to acquire Hanna Steel Corporation, a producer of structural and mechanical steel tubing. The transaction is expected to close in the third quarter…
Valbruna ASW Inc. has received an initial order from Germany's TKMS for approximately 70 tons of non-magnetic submarine steel as part of efforts to support Canada's future submarine program. The order is intended to…
Voestalpine plans to further expand its greentec steel project at its Donawitz plant in Austria, with an additional investment of around EUR 100 mln (USD 115 mln) to increase low-carbon steel production capacity by…
The signing of a memorandum of understanding (MoU) between the United States and Iran has improved sentiment across the Gulf steel market, raising hopes for the gradual restoration of trade flows through the Strait of…
UAE-based CIM Steel Industry LLC has announced the launch of production of its first pickled coil and cold rolled full hard (CRFH) coil at its facility in Umm Al Quwain Industrial City. The company said the milestone…
Meranti Green Steel has selected Italy-based Bedeschi to supply material handling systems for its planned direct reduced iron (DRI) and hot briquetted iron (HBI) plant in Duqm, Oman. Under the contract, Bedeschi will…
POSCO has commissioned South Korea's largest electric arc furnace (EAF) at its Gwangyang Steelworks, strengthening the company's low-carbon steelmaking capacity and supporting its long-term decarbonization strategy. The…
ArcelorMittal Europe, Thyssenkrupp Steel and Voestalpine have jointly called for urgent reforms to the European Union's Emissions Trading System (ETS), warning that the current framework risks undermining the…
UAE-based flat steel producer Al Ghurair Iron & Steel (AGIS) has partnered with Metal Park to enhance logistics, warehousing and fulfillment services across the country's steel supply chain. Under the agreement, Metal…
Three workers were injured following an unexpected explosion inside an electric arc furnace at Hascelik's steel plant in Osmaneli, Bilecik, Turkey, on June 12. According to local reports, an explosion occurred in the…
Fujian Kunbao New Materials, part of China's Sanbao Group, has awarded Fives a contract to design and supply two strip processing lines for grain-oriented (GO) electrical steel production at its Zhangzhou facility. The…
Hyundai Steel has signed a Master Research Agreement (MRA) with Louisiana State University (LSU) to support technology development and workforce training for its planned USD 5.8 bln electric arc furnace (EAF)-based…
Austria's Voestalpine Railway Systems has secured framework contracts for the Rail Baltica project, marking the largest single order in the company's history. Under the agreements, Voestalpine will supply up to 1,000…
Turkey's Ministry of Trade has imposed definitive anti-dumping duties on certain cold-rolled, galvanized and painted flat steel imports from China and South Korea after concluding that dumped imports caused material…
GCC steel and industrial investors may find a strategic acquisition opportunity in Europe as Romania's Liberty Galati steel plant and Liberty Tubular Products Galati pipe mill return to the market following court…
Japan's leading electric arc furnace (EAF) steelmaker Tokyo Steel has increased prices for most steel products for July sales, citing rising energy and raw material costs as well as firmer domestic and international…
South Korea's POSCO has launched a joint research project with Hyundai Motor and eight other industry, academic and research organizations to develop next-generation electrical steel aimed at improving the efficiency of…
Midrex Technologies has been selected by U. S. Steel to supply a 2.5 mln tons per year HDRI/HBI direct reduced iron (DRI) plant for the company's Big River Steel Works facility in Osceola, Arkansas. The project is…