OECD: Ongoing war of aggression by Russia risks further downturn in global steel markets

Paris - At its 93rd session held on 13-14 March 2023, the OECD Steel Committee expressed its deep concern about Russia’s aggression against Ukraine and its impact on global steel markets.

17 Mar 2023

Metso Outotec to continue Prerov foundry operations in Czech Republic

Helsinki - After carefully evaluating multiple options and their implications as well as the market outlook, the company has decided to continue the foundry’s operations.

17 Mar 2023

Net-Zero Industry Act aims to make the EU the home of clean technologies

Brussels - The initiative was announced by EU Commision President von der Leyen as a part of the Green Deal Industry Plan.

16 Mar 2023

German Steel Association critizises EU Net Zero Industry Act as not sufficient

Berlin - Dr Martin Theuringer:  "The European Commission's approach should not be limited to a few selected "net zero technologies",

16 Mar 2023

Thyssenkrupp builds a new annealing and isolating line at the Bochum site

Essen - Alignment with future customer requirements for thinner, highly silicized non-grain-oriented electrical steel with improved mechanical and magnetic properties.

14 Mar 2023

Stahlerhstellung: Flüssiger Stahl läuft aus dem Schmelzofen

Alleima inaugurates a new manufacturing facility in Mehsana Mill in Gujarat, India

Mehsana - Global manufacturer and supplier of advanced stainless steels, special alloys, and heating systems,  inaugurated new Hydraulic and Instrumentation tubing factory on March 15.

13 Mar 2023

Mercedes-Benz relies on Primobius while launching sustainable battery recycling

Dusseldorf - Joint-venture of German plant manufacturer SMS and mining company Neometals is proud to be technology partner in this important project.

09 Mar 2023

Primetals Tangshan and Tangshan Quanfeng extend thin-slab caster service contract

London - Maintenance services extended another three years, services will result in higher productivity and the development of new steel grades.

09 Mar 2023

SSAB and MENETA: Production of fossil-free steel automotive components

Stockholm - From 2026, Meneta expects initial Scope 3 CO2 reductions of 5,500 to 6,000 tonnes, incorporating fossil-free steel from SSAB.

09 Mar 2023

Industrial metals markets: Damper as Chinese government sets a growth target of 5%

Frankfurt - Target for this year at National People's Congress was below the expectations of many market participants.

09 Mar 2023

2022 Hoover Medal awarded to Indian engineer and entrepreneur Ratan Naval Tata

New York - Tata was the chairman of Tata Sons, the holding company of the Tata Group, from 1991 through 2012.

09 Mar 2023