ArcelorMittal pauses decarbonization investments claiming policy uncertainty

Luxembourg - The company criticized existing EU policies, including weaknesses in the Carbon Border Adjustment Mechanism (CBAM) and insufficient trade protection measures against increasing imports.

26 Nov 2024

Italy-France: Ministers Urso and Ferracci discuss joint action on CBAM

Paris - Urso and Ferracci voiced concerns about current structure of CBAM framework, which they believe could jeopardize the competitiveness of Europe’s steel industry.

26 Nov 2024

Thyssenkrupp Steel announces restructuring plan with 11,000 job cuts

Essen - The measures, detailed in a key issues paper, include capacity reductions, cost-cutting initiatives, and a commitment to sustainable production.

25 Nov 2024

ArcelorMittal honored with IDC Future Enterprise North America Award

London - The AI-driven project is designed to transform steel plant operations by utilizing machine learning to enhance the management of slab yard processes.

25 Nov 2024

Tim Schwarz awarded Walter Benjamin Grant to reseach magnesium alloys

Düsseldorf - The grant will enable Dr. Schwarz to expand his work using advanced microscopy techniques to investigate how magnesium alloys interact with their environment, particularly at the solid-liquid interface.

25 Nov 2024

Kloeckner Metals to launch advanced laser blanking line in Queretaro facility

Roswell - The advanced laser blanking line aims to enhance metal blanking capabilities, offering improved flexibility, efficiency, and cost savings.

25 Nov 2024

Metinvest partners with Italian government for green steel project in Piombino

Rome - The agreement was formalized during a meeting between the Italian and Ukrainian governments.

22 Nov 2024

ArcelorMittal Poland and Linde Gaz Polska collaborate on hydrogen project

Dabrowa Górnicza - The plant, which represents an investment exceeding PLN 100 million, will supply process gas to two galvanizing facilities.

22 Nov 2024

Dortmund-based company supports partners during the crisis

Claudio Kemper
Head of Steel Division
NORDWEST Handel AG

22 Nov 2024

US steel producer selects Primetals for EAF with innovative power solution

London - The project also includes the installation of a primary dedusting system, material handling infrastructure, auxiliary equipment, and advanced automation systems.

20 Nov 2024

Critical minerals shortages may challenge global energy transition goals

London - Critical Minerals report of GlobalData highlights key obstacles to scaling clean energy technologies, including mineral depletion, resource monopolization, geopolitical tensions, and water scarcity.

20 Nov 2024


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