Business News
Overview: Business News
Aluminium makes chromium-nickel steels lighter, stronger and more resistant to corrosion
20.10.2025
How can chromium-nickel steels be made lighter and stronger, and at the same time more sustainable? A research project at the University of Kassel and the TU Bergakademie Freiberg is investigating the impact that the precisely dosed addition of aluminium has on the properties of steel – and how this could result in a material for the future.
HBIS Tangsteel operates the world's largest push pull pickling line
17.10.2025
The Chinese steel manufacturer's new plant enables a wide product mix typically achievable only with two conventional pickling lines. The pickling process delivers excellent surface quality with fewer rejects and expands the processing options for coils.
Salzgitter and Oldendorff Carriers partner to decarbonize maritime iron ore transport
15.10.2025
Salzgitter Flachstahl and Oldendorff Carriers have entered into a long-term agreement to reduce carbon emissions in the maritime transport of iron ore, marking a further step toward decarbonizing Salzgitter’s steel supply chain. The long-term partnership expected to cut CO₂e emissions by at least 20%, saving around 19,000 tonnes.
SHS Group secures billion-euro financing for climate-neutral steel production
14.10.2025
The SHS Group together with its subsidiaries Dillinger and Saarstahl has successfully secured financing for its Power4Steel transformation project – one of Europe’s largest decarbonisation initiatives. The total financing package amounts to approximately EUR 1.7 billion, ensuring full funding for the entire duration of the investment project.
Thermally insulated complete steel roof with integrated solar cells
13.10.2025
ArcelorMittal has unveiled an innovative roofing product that combines steel roof panels, thermal insulation and solar cells, while also generating significantly lower CO2 emissions than conventional products. The new product line was inaugurated at the Contrisson site in France.
Commission proposes plan to protect EU steel industry from unfair impacts of global overcapacity
10.10.2025
The Commission has presented a proposal to protect the EU steel sector from unfair impacts of global overcapacity, a vital step towards ensuring the long-term viability of a strategically crucial industry.
LY Steel starts up 20-High silicon steel mill
09.10.2025
The new rolling mill enables the chinese steel company to produce high-quality, ultra-thin silicon steel, positioning the company among the top tier of the silicon steel market.
Emsteel to launch pilot for electric process-gas heating in Abu Dhabi
08.10.2025
Saudi Arabian steel producer Emsteel has launched a pilot project in collaboration with Danieli and Kanthal to electrify process gas heating at the DRI plant in Abu Dhabi.
Yamato Steel upgrades heavy section mill
07.10.2025
The upgrade featuring CCS technology promises not only higher product quality but also improved energy efficiency during the production process.
Outokumpu and Boston Metal cooperate
06.10.2025
Outokumpu, a global leader in sustainable stainless steel, announced it has signed a Memorandum of Understanding (MoU) with Boston Metal, a technology company redefining global metals production, to enhance the production of critical carbon-free metals vital for industries such as defense and aerospace.