SMS Group to upgrade PSM380 mill for Qinghai Xigang New Materials

Düsseldorf - The project aims to enhance production efficiency, improve product quality, and strengthen Xigang New Materials’ competitive position in China’s special steel market.

14 Feb 2025

Tenova to supply hot dip galvanizing line for PT Tata Metal Lestari, Indonesia

Castellanza - The new line will be capable of processing Al-Zn, Al-Zn-Mg, and Zn-Al-Mg coated coils.

14 Feb 2025

Matthieu Jehl appointed president of Outokumpu’s Stainless Europe Business Line

Helsinki - Prior to joining Outokumpu, he held various leadership positions at ArcelorMittal across multiple European locations.

14 Feb 2025

Lesjöfors Group: Aquisition of International Industrial Springs

Karlstad - International Industrial Springs operates six production plants in the Mumbai region, specializing in disc springs, washers, and general springs.

14 Feb 2025

Sustainability must be feasible for SMEs!

Claus-Andreas Boche / Christian Wienecke
Managing Partner
advisoryteam®

13 Feb 2025

ArcelorMittal to construct advanced electrical steel facility in Alabama

Luxembourg - The facility, wholly owned by ArcelorMittal, will have an annual production capacity of up to 150,000 metric tons of NOES.

10 Feb 2025

Metso expands screening solutions in China to strengthen mining services

Helsinki - Acquisition of Selm (Beijing) Technology Co., Ltd is aimed at bolstering Metso´s presence in the country’s mining and aggregates industries.

10 Feb 2025

Assofermet: Steel market sees slow recovery amid limited demand

Milan - Italian stainless steel scrap prices faced moderate declines, reflecting lower demand from steelmakers, while rapid steel grades remained stable.

10 Feb 2025

European authorities investigate alleged steel import tax fraud in Germany

Luxembourg - European Public Prosecutor’s Office (EPPO)  has launched an investigation into suspected tax evasion related to steel imports by a mechanical engineering company in Germany’s Rhine-Neckar region.

10 Feb 2025

Future Forgeworks and SMS Group: First sustainable CMT steel mill of Australia

Düsseldorf - Swanbank Green Steel Mill will produce rebar steel using an endless process, positioning Future Forgeworks at the forefront of sustainable steel production in Australia.

07 Feb 2025

Eurofer backs industry workers’ protest over steel sector challenges

Brussels - Axel Eggert, Director General of Eurofer, warned that without urgent intervention, the European steel industry faces further plant closures and job losses.

06 Feb 2025

Blastr Green Steel secures additional financing for ultra-low CO2 steel value chain

Helsinki - The financing round included three of Blastr’s founding investors alongside three new investors from Finland.

06 Feb 2025

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