16.09.2022In pursuing a shared ambition to reduce carbon emissions from iron and steel production, JSW Steel, the flagship company of the $22 billion JSW Group, has signed a memorandum of understanding (MOU) with SMS group to explore multiple cutting-edge solutions and R&D projects to reduce carbon emissions in its iron and steel making operations in India.
14.09.2022Recently, Austrian steel producer voestalpine placed an order with Primetals Technologies for adapting and expanding the existing electrical, drive, and automation systems as part of the rebuild of hot-dip galvanizing line No. 4 at voestalpines’ steel plant in Linz, Austria.
14.09.2022ArcelorMittal and quarried materials group SigmaRoc have entered into a strategic joint venture agreement to create a new company. The company will produce lime, an essential purifying additive used in steel production as well as numerous other industrial applications. Both partners will leverage their materials and manufacturing expertise to produce 900.000 tons a year of a high-quality material.
21.06.2022EcoVadis, an internationally recognized ratings platform to assess corporate social responsibility, has awarded its platinum rating to Saarstahl’s sustainability strategy. Saarstahl has thus achieved the highest possible rating, putting it among the top 1 percent of companies assessed in its industry category.
07.06.2022As part of its strategy 20-30, thyssenkrupp Steel Europe selected Danieli to supply, install and commission new heavy-duty, slipper-type spindles for Hot-Strip Rolling Mill 1 at Bruckhausen plant in Duisburg, Germany.
31.05.2022From June 20 to 24, 2022, SMS group will be showcasing its products and services at the Tube & wire trade fair in Düsseldorf, hall 7, booth B04. With an exhibition area of 400 m2, SMS will be presenting its latest developments and plant concepts for the tube and wire rod industry.
31.05.2022SSAB and Alfa Laval have signed an agreement to collaborate on the development and commercialization of the world’s first heat exchanger to be made using fossil-free steel. The goal is to have the first unit made with hydrogen-reduced steel ready in 2023.
23.05.2022Tenova was awarded two contracts by Tenaris, global manufacturer and supplier of steel pipes and related services, for its mill in Dalmine (Italy). Both contracts are related to the steelmaker’s new investment in special steel production. The two companies belong to the Techint Group.
17.05.2022Swiss Steel Group has reported revenue of EUR 1,028.8 million for the first quarter 2022 compared with EUR 751.6 million in the prior year quarter. This equates to an increase of 37 %. Sales volume decreased by – 6 % to 480 kilotons, from 510 kilotons in Q1 2021.
13.05.2022Turkish-based Tosyali Holding recently ordered a new slab caster from Primetals Technologies. Tosyali is aiming to expand in the Algerian market by implementing the slab caster together with a new hot-strip mill.