Gerdau invests in new renewable energy generation platform in Brazil

Porto Alegre - Company signed binding instruments with Newave Energia for the acquisition of 33.33% of its capital stock.

29 Nov 2022

SMS group and Tata Steel sign MoU to decarbonize integrated steel plants

Stockholm - SMS group will contribute its leading technological expertise in designing, supplying and commissioning plants with significantly lower CO2 emissions.

29 Nov 2022

Metso Outotec to supply copper solvent extraction technology to Kazakhstan

Helsinki - Metso Outotec has signed an agreement with Kyzyl Aray Copper, a subsidiary of Caravan Resources, for a plant to be built in the Karagandy region.

28 Nov 2022

RWI/ISL Container Throughput Index: Sharp decline in container throughput

Essen - A decline in container throughput was observed in all world regions, but it was particularly marked in Northern European ports.  

28 Nov 2022

Pittini Group expands production at SiderPotenza chosing Danieli technology

Buttrio - New line for the production of quality spooled bars in coils, to be installed in Potenza, Italy, downstream the existing bar mill.

25 Nov 2022

Possible stimulus by Chinese goverment: Impetus for industrial metals markets

Frankfurt - The Chinese government announced that monetary policy would be eased to ensure sufficient liquidity.

25 Nov 2022

Iron ore and steel among industries that were hit hard in the last recession

Stockholm - According to data from the last recession iron ore prices, steel production and sales of iron, steel and ferroalloy could be badly affected in another economic downturn.

25 Nov 2022

SMS group installs its first AI-based Integrated Operating Center

Dusseldorf - Centralized operator monitoring of the entire 460 millimeter tube plant using AI video analytics; only six operators are required to supervise the entire rolling line.

 

25 Nov 2022

PLTCM in China upgraded by Primetals Technologies produces first coil

London - Upgrade of pickling line and tandem cold mill ensures increased production.

22 Nov 2022

Metals markets caught in the tailspin of rising corona infection figures in China

Frankfurt - Since the middle of last week, the LMEX index has already lost 4%.

22 Nov 2022

Mubea and the Salzgitter Group join forces to promote "green steel"

Salzgitter - Circular economy: expanding and developing closed loops for scrap recycling.

22 Nov 2022

ABB and Perenti agree to jointly help mining customers decarbonize operations

Zurich - Focus areas include electrification of mining operations, power distribution and power management.

22 Nov 2022