Helsinki - The company’s adjusted EBITDA rose significantly, reaching €86 million, supported by solid performance in its European and Ferrochrome business units.
Scunthorpe - The trial involves pioneering technology developed by the University of Sheffield, aimed at capturing carbon emissions from the plant’s power station.
Brussels - EUROFER's latest Economic and Steel Market Outlook reveals that apparent steel consumption, initially projected to rise by 1.4% in 2024, is now anticipated to decline by 1.8%,
London - The substation will incorporate a 110 kV gas-insulated switchgear, three transformers with a capacity of 200 megavolt-amperes (MVA) each, and a 40 MVA transformer.
Zurich - Swiss Steel’s CEO, Frank Koch categorically denies any insolvency concerns and aims to clarify the company’s strategic approach amidst difficult market conditions.
Ijmuiden - Latchman will join TSN’s board as its fifth member, where he will oversee the technical implementation of Tata Steel's Green Steel initiative.
Berlin - After historically low production levels in 2023, the overall output for the first three quarters of 2024 remains subdued, with total production at around 28.4 million tonnes.
Port Talbot - The agreement will see the delivery of an advanced electric arc furnace (EAF) and additional equipment to Tata Steel's Port Talbot aimed at reducing the site's carbon emissions by 90%.
Wolfsburg - Thyssenkrupp's direct reduction plant, set to be operational in 2027, will use hydrogen and renewable energy to significantly cut CO₂ emissions.
