Metalloinvest to invest 6.4 billion roubles into electric arc furnace

Moscow - The capacity of EAF #5 will be 1.2 mn tonnes of liquid steel per year, and ISPU #4 will have a capacity of 1.3 mn tonnes per year.

04 May 2021

ABB secures order from SSAB for modernization at Swedish mill

Zurich - SSAB Borlänge will be transformed for improved continuous operation and reduced energy consumption during three phase maintenance rollout.

28 Apr 2021

New Hamburg Hydrogen Network aims to ‘Make Hamburg Greener’

Hamburg - Twelve companies join forces to form Hamburg Hydrogen Network: potential annual CO2 savings of more than one million tons, financial support needed.

27 Apr 2021

In first 2 months of 2021, shipments of EU SSC dropped by -5,5%

Brussels - Eurometal releases data of shipments and stocks of EU Distribution for the beginning of 2021.

27 Apr 2021

Metso Outotec launches camera solution for smelting furnaces

Helsinki - Operators can safely monitor conditions inside the furnace in real time and react immediately to situations that would otherwise not necessarily be detected.

22 Apr 2021

SMS group takes over Paul Wurth industrial activities

Dusseldorf - SMS and Paul Wurth to combine research on decarbonization and recycling; Luxembourg to become a global innovation center for metallurgy and hydrogen technology.

21 Apr 2021

US Steel announces goal to achieve carbon neutrality by 2050

Pittsburgh - US Steel expects to leverage its growing fleet of electric arc furnaces (EAF) coupled with other technologies such as direct reduced iron and carbon capture, sequestration, and utilization.

21 Apr 2021

German Steel Federation comments on EU climate target 2030

Berlin - Hans Jürgen Kerkhoff: "Only if industrial production remains internationally competitive, it may contribute to climate protection and prosperity,"

21 Apr 2021

Severstal reports Q1 2021 financial and operational results

Cherepovets - Crude steel production increased 7% q/q to 2.96 million tonnes (Q4 2020: 2.77 million tonnes), driven by a higher number of castings in Q1 2021.

20 Apr 2021

ArcelorMittal completes investment with Invitalia

London - Invitalia has injected €400 million new equity into AM InvestCo Italy.

16 Apr 2021

Worldsteel forecasts that steel demand will grow by 5.8% in 2021

Brussels - Short Range Outlook: In 2022 steel demand will see further growth of 2.7% to reach 1,924.6 Mt.

16 Apr 2021

Baumüller announces cooperation with SESTO Robotics

Nuremberg - Autonomous mobile robots (AMR) shall ensure flexible transportation and agile production.

15 Apr 2021