Metso Outotec wins major order for travelling grate pelletizing technology

Helsinki - The value of the order is above EUR 20 million and it has been booked in Metals’ Q1/2022 orders received.

13 Mar 2022

Endress+Hauser establishes new global logistics operations center

Reinach - With the establishment of the Global Logistics Operations Center in Ireland, Endress+Hauser aims bringing the operational control of logistics processes back into the company.

10 Mar 2022

Scan Head with Beam Shaper Increases Throughput in Fuel Cell Production

Puchheim - Scanlab together with its sister companies Blackbird  and Holo/Or  is developing  new system concepts for laser applications.

10 Mar 2022

ArcelorMittal Tubarão obtains sustainability certification

Belo Horizonte - First industrial plant in the Americas and outside Europe to obtain sustainability certification of its operations by the standards of ResponsibleSteel.

10 Mar 2022

Memorandum of Understanding for Salzgitter and Tenova on SALCOS

Castellanza - Salzgitter intends to order a DRI plant from Tenova with an annual capacity of 2.1 million tons for the future industrial production of directly reduced sponge iron.

08 Mar 2022

Metinvest temporarily suspends its production facilities in Mariupol

Mariupol - Decision was made by Metinvest's crisis response center to ensure the safety of its employees and preserve the equipment.

08 Mar 2022

Swiss Steel Group rebounded with significantly improved results in 2021

Lucerne - Sales volume increased by 21 % from 1,535 to 1,863 kilotons in 2021 despite a softening of demand from the automotive industry in the last quarter.

08 Mar 2022

US Steel Advances Metallics Strategy with Pig Iron Investment at Gary Works

Pittsburgh - The approximately $60 million investment will produce up to 500,000 tons of pig iron annually and provide a critical raw material input for its electric arc furnaces.

28 Feb 2022

Escalation of the Russia-Ukraine conflict leads to high demand for gold

Frankfurt - The gold price jumped up to USD 1,930 per troy ounce at the start of trading.

28 Feb 2022

New sanctions against Russia cause oil and gas prices to rise sharply

Frankfurt - The European natural gas price (TTF, 1-month forward) rose by as much as 36% to EUR 119 per MWh.

28 Feb 2022

SSAB joins forces with Polestar to develop a climate-neutral car

Stockholm - The Polestar 0 project, announced in 2021, aims to create a climate-neutral car by 2030 by eliminating emissions from the supply chain.

26 Feb 2022

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