London - The project includes the construction of a direct reduction iron (DRI) plant in partnership with Midrex Technologies, and an electric arc furnace (EAF) ultimate plant, with a combined annual capacity of 2 million tons of steel.
Brussels - Worldsteel has released its updated Short Range Outlook (SRO) for 2024 and 2025, projecting a modest recovery in 2025, with demand anticipated to increase by 1.2%, reaching 1,772 Mt.
Düsseldorf - Partnership aimed at accelerating carbon-neutral steel production with the construction of a cutting-edge electric steelmaking plant in Völklingen, Germany.
Brussels - Recent data of Global Forum on Steel Excess Capacity (GFSEC) show a further increase in excess steel capacity, prompting concerns about the impact on the global market.
Essen - Thyssenkrupp reevaluates its transition to producing "green steel" using hydrogen, despite substantial funding commitments by the German government.
Georgsmarienhütte - The acquisition aims to enhance GMH Gruppe’s position in the tool steel industry, especially in the hot-work tool steels segment, where Kind&Co has a notable international presence.
