Copper temporarily below USD 9,000, iron ore faces big weekly loss

Frankfurt - Not only in China is steel demand threatening to fall, but also in Europe: Eurofer, last week revised its forecast for European steel demand this year downwards.

17. May 2022

US announces temporary suspension of 232 tariffs on Ukrainian steel

Washington - Ukraine’s steel industry is uniquely important to the country’s economic strength, employing 1 in 13 Ukrainians with good-paying jobs.

10. May 2022

Endress+Hauser Canada celebrates "green" building in Canada

Reinach - The newly opened customer and training center in Burlington/Ontario, located about 50 kilometers southwest of Toronto, is energy self-sufficient and CO2 neutral.

10. May 2022

Swiss Steel Group achieves solid profitability in first quarter of 2022

Lucerne - Revenue of EUR 1,028.8 million for the first quarter 2022 compared with EUR 751.6 million in the prior year quarter.

10. May 2022

ArcelorMittal: Succesful test to replace natural gas with green hydrogen to produce DRI

Luxembourg - 6.8% of natural gas was replaced with green hydrogen during a 24-hour period, which contributed to a measurable reduction in CO2 emissions.

4. May 2022

New 880,000-tpy, Danieli Corus compact blast furnace complex

Buttrio - BMM Ispat selects the most-modern BF technology for its new ironmaking investment.

4. May 2022

Tenova to Supply a New Electric Arc Furnace (EAF) for Tosyali Algeria

Castellanza - The new equipment, powered by a 240MVA AC transformer, will process 2.5M per year of DRI pellets to produce Hot Rolled Coil (HRC).

4. May 2022

SMS group secures order from Jindal Stainless Limited for a new blast furnace

Luxembourg - The blast furnace will have a production capacity of two million tons of hot metal per year.

30. Apr 2022

Voestalpine researching into hydrogen plasma for green steel production

Linz - Voestalpine is striving to produce carbon neutral steel by 2050, in accordance with the European climate goals.

30. Apr 2022

Vale and Nippon Steel: MoU to develop steelmaking decarbonization solutions

Rio de Janeiro - This initiative contributes to Vale’s commitment to reduce 15% of net Scope 3 emissions by 2035.

30. Apr 2022

Industrial metals: Exchange-registered LME inventories continue to be reduced

Frankfurt - Measured by the LME industrial metals index, metal prices have fallen by almost 5% since a week ago.

29. Apr 2022

Endress+Hauser expanded its production of silicon pressure sensors

Reinach - Expansion of competence centre for silicon pressure sensors in Stahnsdorf near Berlin at a cost of over twelve million euros.

29. Apr 2022