Iron & Steel Today

19/11/2024

Posco to shutter first wire rod plant after 45 years

Posco announced that it is shutting down its first steel wire rod plant in Ulsan after 45 years of operation as cheap foreign steel dominates the market.

19/11/2024

Thyssenkrupp's steel division sees valuation slump as outlook remains gloomy

The unit has suffered from rocky economic conditions, fierce competition from Asian manufacturers, and a pressure to decarbonise.

18/11/2024

Buying interest in green in Europe is limited by economic difficulties

Demand for these products in Europe is inhibited by high premiums and lack of incentives for consumers

18/11/2024

Emirates unveils low-carbon iron project in collaboration with Japanese partners

Saeed Khalfan Al Ghafri, CEO of Emirates Steel, a subsidiary of the Emsteel Group, announced a new project to produce low-carbon iron in Abu Dhabi in...

15/11/2024

China increased production by 6.2% m/m in October

In January-October, the company's production decreased by 3% y/y

15/11/2024

China’s warns of shutting down mill plant in Rashakai Economic Zone

14/11/2024

British team delivers recycling record

The process of building an ore bed is a complex task; each bed undergoes months of planning and several weeks of detailed construction in order to create an optimised ore blend suitable for sintering and furthermore blast furnace consumption.

14/11/2024

SAIL Bokaro’s finishing mill modernised after smooth implementation by Primetals Technologies

Primetals Technologies has upgraded the automation systems at the finishing mill of SAIL Bokaro's hot-strip mill in Bokaro Steel City, Jharkhand, India. The modernization offers SAIL Bokaro several

13/11/2024

SSAB’s eco-friendly to mark ‘first entry into shipbuilding’ at Norway’s Salthammer shipyard

SSAB's Tibnor will supply "zero emission" recycled steel, made from fossil-free electricity and biogas, to Salthammer Båtbyggeri.

13/11/2024

Three workers fall sick after inhaling poisonous gas at Bhilai Plant

The workers, employed on a contractual basis, were rushed to Pandit Jawaharlal Nehru Hospital in Bhilai where all three are undergoing treatment in the ICU.

12/11/2024

plant fire injures worker in South Korea

A fire broke out at a steel plant in South Korea on 10 November and left one worker with burn injuries. The incident happened a facility in the city of Pohang, North Gyeongsang Province that is operated by Posco, one of the world's largest steel manufacturers.

12/11/2024

ArcelorMittal and HP announce strategic collaboration to advance additive manufacturing https://corporate.arcelormittal.com/media/news-articles/arcelormittal-and-hp-announce-strategic-collaboration-to-advance-additive-manufacturing #

ArcelorMittal and HP Announce Strategic Collaboration to Advance Additive Manufacturing

12/11/2024

tycoon Gupta heads for court to restructure UK arm

A restructuring plan for Sanjeev Gupta’s Speciality Steels UK arm will compromise creditors but will not lead to job losses at the company, Sky News understands.

11/11/2024

UK holds talks with China’s Jingye to avert closure of British plants

Support package drawn from £2.5bn war chest being prepared to try and keep Scunthorpe site open

08/11/2024

UK to produce artillery gun barrels using British

The UK is set to reintroduce domestic manufacturing of artillery gun barrels for the first time in a decade, with Sheffield Forgemasters providing British steel for production.

07/11/2024

Tata swings to profit in second quarter

MUMBAI: Tata Steel reported a profit of Rs 759 crore in Q2FY25, compared to a loss of Rs 6,511 crore in the same period of previous fiscal.

07/11/2024

Nippon seeks to close US Steel deal before Trump returns to White House

Japan's Nippon Steel hopes to close its $15 billion deal to buy US Steel by year-end before Republican Donald Trump retakes the White House in January, a senior executive said, as the acquisition is core to its future growth.

06/11/2024

Commodities under pressure on likely Trump win in US presidential race.

Commodities from oil to metals and grains slid on Wednesday as the dollar strengthened, with investors increasingly pricing in that Donald Trump will win the U.S. presidential election.