London - Clean Steel Fund will build on existing and planned policies including the £315m Industrial Energy Transformation Fund (IETF), the Industrial Clusters Mission and up to £170m from the Industrial Strategy Challenge Fund (ISCF).
Sheffield – The European Commission recently completed its review of the safeguard measures, which were introduced to prevent the redirection of material previously destined for the United States. The Commission has recommended changes.
Düsseldorf – NLMK Group, Russia, has placed an order with SMS group for the delivery of two gas recovery systems for its Lipetsk site. NLMK operates two BOF steelmaking plants with three converters each.
Brussels – World crude steel production for the 64 countries reporting to the World Steel Association was 156.7 million tonnes (Mt) in July 2019, a 1.7% increase compared to July 2018.
London – Primetals Technologies will supply BaoWu Aluminium Technology Ltd. a combined aluminum hot rolling mill to produce heavy plate and strip. This is the first major investment by BaoWu, following their acquisition of Henan Tongren Aluminium Industry Co. Ltd.
Essen – In 2017, tk Materials Services began to digitally connect its machinery network, using their self-developed IIoT platform toii. Now thyssenkrupp plans to make the potential of digital networking available to other industrial companies in the future.
Salzburg – Benteler announced that it would increase its focus on its core business, the Automotive division, which accounts for some 80 percent of the Group’s turnover and to divest its Benteler Distribution division to the Van Leeuwen Pipe and Tube Group.
Düsseldorf – SMS group has successfully commissioned the first of four converters at Hoa Phat Group, Vietnam. More converters will be commissioned before the end of 2019. In total, the new converter shop shall produce four million tons of liquid steel per year.
London – In January, Baosteel Zhanjiang placed an order for a continuous slab caster with Primetals Technologies. The caster, CCM 3, will be set up in the Baosteel production site in Guangdong Province in South China.
