New LD converter (BOF) boosts productivity for ArcelorMittal Zenica

London - Converter revamped by Primetals Technologies started up, newly designed solution has resulted in increased production capacity.

 

28 Feb 2023

Russia's leading nickel producer has scrapped its production growth targets

Frankfurt - The company cites the need to recalibrate its mining projects after losing access to Western suppliers of technical equipment.

27 Feb 2023

Highbar LLC commissions SMS group the supply of an environmentally sustainable rebar minimill

Dusseldorf - Each minimill will have a capacity of just over 600,000 short tons per year, including a full range or sizes and rebar grades in both stick and spooled form.

22 Feb 2023

Salzgitter Group expands regional scrap recycling by aquiring recycling company

Salzgitter - Must-Metalle-Container-Recycling GmbHwas founded in 1909 and operates a container supply and scrapping business, dealing predominantly with companies in the metals processing sector.

22 Feb 2023

EU-Commission approves €460 million to support decarbonisation of steel production

Brussels - Measure aimed to partially decarbonise ArcelorMittal`s steel production in Gijón, Spain.

22 Feb 2023

The price of aluminium gained significantly at the beginning of the week

Frankfurt - Industry sources suggest that aluminium production in China would have to be cut significantly over the next few months due to power rationing.

22 Feb 2023

Swiss Steel Group divests several non-core distribution companies

Lucerne - Definitive agreement for the sale of several distribution companies to JACQUET METALS, a leader in the distribution of specialty metals signed.

17 Feb 2023

ArcelorMittal donates $5 million to support relief efforts in Turkey and Syria

London - Donation equally split between the Disasters Emergency Committee and Médecins Sans Frontières.

17 Feb 2023

SaltX, SMA Mineral and SSAB enter pre-study for climate-neutral quicklime production

Stockholm - The technology  aims to replace fossil fuels with renewable electricity in quick-lime production. In the production of ore-based steel, quicklime is needed as a slag former.

17 Feb 2023

Swiss Steel Group aims to produce the steel of the future at the Steeltec AG

Lucerne - Company promotes the production an ultra-fine-grained and tough high-grade steel which makes the need for additional alloys and special treatment obsolete thanks to a controlled thermomechanical processing phase.

15 Feb 2023

HANZA AB: Sales quarter 4 reached SEK 1 billion the first time ever in a single quarter

Stockholm - Operating profit was also all time high in a single quarter, SEK 63.3 million (43.1), and earnings per share amounted to SEK 1.06 (0.70) in Q4.

15 Feb 2023

German Ministry for Economic Affairs and Climate Protection supports metal fairs in Thailand

Dusseldorf - Wire, Tube, GIFA and METEC South East Asia will take place from 20 to 22 September 2023 at the Bangkok International Trade and Exhibition Centre.

15 Feb 2023

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