Business News
Overview: Business News
Thyssenkrupp Steel division plans to cut thousands of jobs
25.11.2024
Thyssenkrupp Steel division plans to cut thousands of jobs
25.11.2024
New EAF will replace two outdated spout-tapping electric arc furnaces in the U.S.
25.11.2024
A US-based steelmaker, which has not been named, has recently ordered a 68-tonne Primetals Electric Arc Furnace (EAF) Ultimate equipped with Active Power Feeder power supply technology.
Vale to supply DRI pellets to iron and steel works on Saar
21.11.2024
Rogesa and Brazilian iron ore producer Vale sign multi-year supply agreement for blast furnace pellets and direct reduction pellets.
Tata Steel plans corridor for liquid hydrogen and CO2 between Norway and Amsterdam
20.11.2024
Tata Steel Netherlands and Ecolog, along with various other partners, aim to import hydrogen and export CO2 from Amsterdam. They have announced the a study into the economic viability of what is known as a "trade corridor."
Rio Tinto will supply iron ore pellets for the planned DRI plant GravitHy
19.11.2024
Mining company Rio Tinto has entered into definitive agreements with GravitHy, to supply high-quality iron ore pellets from its Iron Ore Company of Canada (IOC) operations to GravitHy's planned direct reduction plant in Fos-sur-Mer. Rio Tinto will sell and market the HBI produced by GravitHy to accelerate the decarbonisation of steelmaking in Europe.
Net zero by 2045 : a real possibility for Germany
18.11.2024
India – steel industry as growth driver to become greener
14.11.2024
Economic development is a key promise of the government under Narendra Modi, who wants to turn India into a developed country by 2047. The focus is on the Indian steel industry as a growth driver – and thus the challenge of aligning growth with the reduction of CO2 emissions. A current roadmap outlines possible solutions.
ArcelorMittal collaborates with HP on the additive manufacturing of steel
13.11.2024
The world's largest steel company and HP are entering into a strategic collaboration to advance the additive manufacturing of steel. The ArcelorMittal research center will be used as an incubator to develop new applications in collaboration with customers using HP's binder jetting technology and ArcelorMittal's steel powder.
Digital production platform for sustainable steel production
12.11.2024
EU project “DiGreeS” aims to make steel production “greener”, more digital, and more economical. The aim is to optimise product quality, reduce CO2 emissions, lower energy consumption and lower costs.