Press Releases

LIBERTY Steel, part of sustainable industry leader GFG Alliance, has this week restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel (“Adhunik”) following the acquisition of the steel businesses in February 2020.  The restart has been achieved in just six months following intensive work to prepare the site for their return to steelmaking operations after the previous owner fell into administration. Adhunik is an integrated steel plant locate

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The ExOne Company , the global leader in industrial sand and metal 3D printers using binder jetting technology, today announced that it was recently awarded a contract to develop binder jet manufacturing processes for a novel steel alloy for the United States Air Force Research Laboratory (AFRL). Awarded by the National Center for Defense Manufacturing and Machining (NCDMM) on Sept. 1, the contract aims to develop and qualify AF-9628, a high-strength steel developed by the Air Force

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Steel industry associations in the Americas, Europe, Asia and Africa  renewed their call for governments of steel-producing economies to intensify their work in the Global Forum on Steel Excess Capacity (GFSEC). Steel industries throughout the world expressed tremendous concern about the recent increase in steel overcapacity at a time when steel demand is severely depressed by the COVID-19 pandemic, reversing a trend of gradual decreases in overcapacity in the three years after

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In June 2020, Primetals Technologies received the final acceptance certificate (FAC) for revamping No. 2 continuous pickling line for Kakogawa Works of Kobe Steel, Ltd. An iBox replaced the existing pickling tank, and it demonstrated the improved productivity of high-strength strips for automobiles, saving of energy, and reduction of acid solution consumption in operation after the revamping work completion. In the revamping work, a polypropylene iBox superior in chemical resistance

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According to the report published by Allied Market Research, the global electrical steel market garnered $15.0 billion in 2019, and is expected to generate $21.0 billion by 2027, registering a CAGR of 5.8% from 2020 to 2027. The report offers a detailed analysis of changing market dynamics, key winning strategies, top investment pockets, top segments, value chain, and competitive scenario. Rise in demand from energy generation & transmission industries and surge in deployment of

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NLMK Clabecq, the leading Belgian producer of thin premium steel plates and a company of NLMK Group, has embarked on a 30 million euro project to upgrade its rolling mill, continuing to position itself as a key player in the thin-gauge steel plate market and in particular quenched and tempered steel plates. NLMK has succeeded in implementing the first part of its transformation plan launched in 2019. Operational improvements re-affirm the target of focusing on thin gauge and high st

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Tenaris announced today that it will form a joint venture with Inner Mongolia Baotou Steel Union Co., Ltd. to build a steel pipe premium connection threading plant to produce OCTG products in Baotou, China. Under the agreement, Tenaris will own 60% of shares in the new joint-venture company, while Inner Mongolia Baotou Steel will hold the remaining 40%. A virtual signing ceremony was held in Baotou, China, on October 17, hosted by Baotou Municipal People’s Government.

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The global steel rebars market size is poised to grow by 148.22 million MT during 2020-2024, progressing at a CAGR of over 7% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 C

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NLMK Lipetsk, an NLMK Group company has launched an anhydrous cooling system for blast furnace slag as part of its environmental upgrade programme. This will enable it to reduce hydrogen sulfide emissions in the corresponding area by 3.5x and keep the smell from this chemical compound to a minimum. The implementation of the complex marks NLMK Lipetsk’s Blast Furnace Shop No. 1 (three blast furnaces) full transition to dry slag cooling technology. The complex was built in place

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OEMK (part of Metalloinvest) completes a scheduled overhaul of the Rolling Mill 700, which produces long steel products and tubular and square billets with a capacity of 2.4 million tonnes. Rolling Mill 700 is one of OEMK’s most important facilities. The uninterrupted supply of rolled steel to the domestic and international markets depends on its high-quality and seamless operation, and therefore the completion of the overhaul in a comprehensive and timely manner was essential

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