SAIL orders automation upgrade to enhance steckel mill reliability

London - Primetals Technologies to supply and implement comprehensive upgrade of Level 2 automation system.

10. May 2024

Voestalpine acquires majority stake in premium welding wire manufacturer Italfil

Linz - The Italian company currently has 110 employees and achieved an annual turnover of EUR 43 million in the past business year.

10. May 2024

Linde to supply industrial gases to world’s first large-scale green steel plant

Woking - Linde will invest approximately $150 million to build, own and operate an on-site air separation unit (ASU) in Boden, northern Sweden.

7. May 2024

President and CEO Heikki Malinen to leave Outokumpu at the end of the year

Helsinki - Heikki Malinen will continue in his current position for up to six months or until his successor has been found.

6. May 2024

British Steel has been granted planning permission to build an Electric Arc Furnace

Scunthorpe - The manufacturer’s proposed £1.25-billion transformation – its biggest in more than a century of steelmaking – is subject to appropriate support from the UK Government.

3. May 2024

Chinese steel producer orders powerful continuous caster from Primetals

London - Bow-type caster with a capacity of 5,000 kilonewton per roll – equivalent to weight of 15 fully loaded trucks.

3. May 2024

SSAB and Nordec agree on deliveries of fossil-free steel for buildings and bridges

Stockholm - SSAB will initially supply small quantities of fossil-free steel for the first pilot project, and in the future quantities of fossil-free steel will increase as production ramps up.

2. May 2024

Steel market outlook deteriorates further in aftermath of worse-than-expected recession

Brussels - Outlook for the European steel market in 2024 continues to lose momentum amidst persisting challenging conditions.

30. Apr 2024

Swiss Steel Holding AG announces envisaged changes to the Board of Directors

Lucerne - Alexander Gut, Karl Haider and Martin Lindqvist will be proposed as new members of the Board of Directors.

30. Apr 2024

RWI/ISL Container Throughput Index: Strong increase in at European ports

Essen - Index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose to a seasonally adjusted 129.3 points in March.

26. Apr 2024

Net Zero Industry Act (NZIA): First step towards a European Industrial Deal

Berlin - German Steel Federation: "The fact that the NZIA was also extended to basic industries in the course of the political process is hugely important."

26. Apr 2024

New labelling system LESS aims to create transparency for green steel

Hannover - LESS was created on the initiative of the German Steel Federation and its member companies and is supported by the German goverment.

25. Apr 2024