Business News
Overview: Business News
Novel metal alloy withstands extreme conditions
04.11.2025
A new high-temperature resistant material exhibits great potential for applications auch as energy-efficient gas turbines.
Henan Jiyuan Iron and Steel to upgrade billet caster
03.11.2025
Chinese Henan Jiyuan Iron and Steel has awarded SMS Concast the order to modernize its eight-strand continuous caster CCM#2, which was originally supplied by a local manufacturer, at its Jiyuan plant no. 2.
Thyssenkrupp gets a female steel boss
31.10.2025
With Marie Jaroni, Germany's largest steel group will be led by a woman in future. She will succeed Dennis Grimm on 1 November with a five-year contract, as Thyssenkrupp Steel Europe AG announced on 31 October.
Henan Fengbao Special Steel to install new continuous casting machine
29.10.2025
The chinese steel company Henan Fengbao Special Steel will be able to cast ultra-large, high-alloy billets up to 1000-mm dia.
Industeel Belgium to upgrade walking beam furnace with hydrogen compatible burners
28.10.2025
The sustainable furnace revamp cuts carbon emissions and fossil fuel use while enhancing efficiency. The flexible low-emission burners run compatibly with gas and up to 70 percent hydrogen.
ERG plans direct reduction plant in Kazakhstan
27.10.2025
The planned direct reduction plant using Midrex Flex technology is expected to produce 2 million tonnes of hot briquetted iron (HBI) per year. The project promises to create more than 1,000 jobs in Kazakhstan.
World Steel Association predicts modest growth for 2026
22.10.2025
According to The World Steel Association (worldsteel) latest Short Range Outlook (SRO), global steel demand in 2025 is projected to be flat compared to 2024, reaching about 1,750 million tonnes (Mt). A modest rebound of 1.3% is forecast for 2026, pushing global demand to 1,773 Mt.
Aurubis sets course for multimetal growth
21.10.2025
Aurubis AG, a leading global provider of non-ferrous metals and one of the world’s largest copper recyclers, is focusing on strategic metals. One area of focus is North America, where Aurubis launched the first multi-metal recycling plant in the United States in Richmond at the end of September.
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.