Assofermet: Steel market sees slow recovery amid limited demand

Milan - Italian stainless steel scrap prices faced moderate declines, reflecting lower demand from steelmakers, while rapid steel grades remained stable.

10. Feb 2025

European authorities investigate alleged steel import tax fraud in Germany

Luxembourg - European Public Prosecutor’s Office (EPPO)  has launched an investigation into suspected tax evasion related to steel imports by a mechanical engineering company in Germany’s Rhine-Neckar region.

10. Feb 2025

Future Forgeworks and SMS Group: First sustainable CMT steel mill of Australia

Düsseldorf - Swanbank Green Steel Mill will produce rebar steel using an endless process, positioning Future Forgeworks at the forefront of sustainable steel production in Australia.

7. Feb 2025

Eurofer backs industry workers’ protest over steel sector challenges

Brussels - Axel Eggert, Director General of Eurofer, warned that without urgent intervention, the European steel industry faces further plant closures and job losses.

6. Feb 2025

Blastr Green Steel secures additional financing for ultra-low CO2 steel value chain

Helsinki - The financing round included three of Blastr’s founding investors alongside three new investors from Finland.

6. Feb 2025

JSW Steel Dolvi Works partners with SMS Group for major facility expansion

Düsseldorf - The project involves the installation of a 350-ton basic oxygen furnace (BOF) converter, one of the largest in India.

5. Feb 2025

Alleima: New high-temperature alloy for aerospace and automotive applications

Sandviken - Alleima® TD is engineered to withstand extreme temperatures of up to 1250°C, making it suitable for mineral insulated cable (MIC) applications.

5. Feb 2025

MEPS: US tariff threats could disrupt steel sector and global trade

Sheffield - Proposed tariffs could violate the US-Mexico-Canada-agreement (USMCA) and disrupt North American supply chains.

 

30. Jan 2025

SMS supports Thyssenkrupp in advancing electrical steel production

Düsseldorf - Facility, capable of processing 200,000 tons annually, produces non-grain-oriented (NGO) electrical steel.

30. Jan 2025

Enercon, Salzgitter and TMGROUP collaborate on lower-emissions steel tower

Salzgitter - Initiative represents a significant advancement in sustainable wind turbine production, reducing CO2 emissions by more than 70 percent for each steel tower.

29. Jan 2025

Chinese steel producer: 6-strand bloom casting machine from Primetals

London - The new caster will be used to manufacture high-quality blooms for export markets, including premium rails and wire rods.

29. Jan 2025

Stegra appoints Niklas Wass as head of operations in Boden

Boden - Wass brings over two decades of experience from stainless steelmaker Outokumpu.

28. Jan 2025