Business News
Overview: Business News
Novelis aluminium plant in Koblenz awarded
02.03.2026
The Novelis plant in Koblenz has been awarded bronze status in the Aero Excellence Initiative launched by European aerospace associations. This milestone achievement reflects Novelis' strong commitment to operational excellence, industrial practices, and enhanced security across the aerospace supply chain, the company says.
The revamp of the hot strip mill in Linz, Austria, will deliver uniform, controlled, and metallurgically tailored strip cooling profiles across the entire strip section and length. This modernisation
28.02.2026
The revamp of the hot strip mill in Linz, Austria, will deliver uniform, controlled, and metallurgically tailored strip cooling profiles across the entire strip section and length. This modernisation enables Voestalpine Stahl to develop new, sophisticated steel grades.
Rizhao Steel to upgrade ESP lines
24.02.2026
Chinese producer Rizhao Steel installed anti-bulging systems on all its five Arvedi ESP high-speed casters. According to Primetals, this upgrade keeps the Rizhao plant—the world’s largest ESP facility with over 11 million tons of annual capacity—at the cutting edge, Primetals says.
EU steelmakers call for urgent action on energy prices
19.02.2026
Steelmakers have called on the European Commission to address the high wholesale electricity prices undermining the decarbonisation and sustainability of EU production.
Stainless steel for the hydrogen economy
16.02.2026
Up to now, stainless steel is prone to corrosion and embrittlement when used for hydrogen transport and storage. An international research team has achieved a breakthrough with the atomic passivation of grain boundaries with nitrogen. A new alloy design overcomes corrosion and hydrogen embrittlement.
ArcelorMittal to install an EAF in Dunkirk
11.02.2026
ArcelorMittal confirms the construction of an electric arc furnace (EAF) at its steelmaking site in Dunkirk – a strategic €1.3 billion investment which marks a major step in the decarbonisation of ArcelorMittal’s steel production in France.
Metallurgy trade association to operate under a new name in future
09.02.2026
Salzgitter to take over HKM steelworks
07.02.2026
Thyssenkrupp Steel has come to an agreement with Salzgitter on the future of Hüttenwerke Krupp-Mannesmann (HKM): with effect from 1 June 2026, Salzgitter intends to take over HKM in Duisburg in full and continue its operation as sole shareholder on a reduced scale.
Nippon Steel to install world's largest electric arc furnace
06.02.2026
Jindal Steel Sohar EAF sets performance record
02.02.2026
Danieli has awarded Jindal Steel Sohar with a recognition for the record performance achieved at its steelmaking facility in Oman, operating a 220-ton electric arc furnace (EAF) supplied and commissioned by Danieli in 2014.