Press Releases
Stelco Holdings Inc., a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America and the 100% owner of the operating company Stelco Inc.,announced the successful completion of the Lake Erie Works blast furnace upgrade and reline project and commencement of production. It is expected that the upgrades in our Blast Furnace will result in improved quality, increased hot metal production o
Read more...ArcelorMittal Europe today announces details of the CO2 technology strategy that will enable it to offer its first green steel solutions to customers this year (30,000 tonnes), scale up this offering in coming years (to reach 120,000 tonnes in 2021 and 600,000 tonnes by 2022), deliver its 30% CO2 emissions target by 2030, and achieve net zero by 2050. The strategy is centred around two main technology routes, as introduced in the first ArcelorMittal Europe climate action report publ
Read more...14 October 2020
Chrysalix Venture Capital, a global venture capital fund with a long history commercializing step-change innovation for resource intensive industries, announces an investment in Sortera Alloys, developers of an intelligent sorting system for the upcycling of non-ferrous scrap metal, including Aluminum, Copper, Zinc and Brass. The system enables accurate, high throughput sorting by metal type and alloy composition through a combination of sensor fusion (XRF, Optical), AI/ML image processing an
Read more...13 October 2020
SeAH Besteel, the largest special steel producer in Korea, contracted Danieli to increase the process efficiency for EAF #3 at the Gunsan meltshop. The steel quality targets indicated for this 100-ton electric furnace require the use of low-residual scrap, which results in very dense charge mixes. The need to avoid over-oxidation—thus to maximize process repeatability and steel quality—together with the target of maximizing arc stability and active power in the presence of high-de
Read more...13 October 2020
Reportlinker.com announces the release of the report "Iron Ore Global Market Opportunities And Strategies To 2030: COVID-19 Impact and Recovery" - https://www.reportlinker.com/p05976747/?utm_source=GNW Description: Where is the largest and fastest growing market for the iron ore market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The iron ore global market
Read more...12 October 2020
Metalloinvest, a leading global producer and supplier of HBI and iron ore products, and one of the regional producers of high-quality steel, launched a ball rolling facility at OEMK. The ball rolling facility will produce approximately of 43,000 tonnes of grinding balls for the needs of the Company’s enterprises. The project also accounts for the possibility of production and shipment of the new product for third-party customers. Construction of the ball rolling faci
Read more...9 October 2020
The "Ultra-High Strength Steel Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The market for the ultra-high strength steel market is expected to grow at a CAGR of more than 6% globally during the forecast period. Increasing applications in the production of automobiles and growing demand from the construction industry are driving the market growth. High cost of production and the outb
Read more...With the acquisition of Italian companies OMAV S.p.A. and Hydromec S.R.L., SMS group is further expanding its product range in the extrusion plant and forging press sectors. OMAV, a supplier of aluminum extrusion lines, and press manufacturer Hydromec both represent high quality standards and extensive great expertise in their areas of activity, thus strengthening SMS group’s position as a globally active technology leader in mechanical and plant engineering. With its extended product p
Read more...8 October 2020
Amid the COVID-19 crisis, the global market for Coated Steel estimated at US$24.4 Billion in the year 2020, is projected to reach a revised size of US$31.6 Billion by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027. Polyester, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$13.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in
Read more...7 October 2020
NLMK Group, a global steel company, has supplied a batch of Quend 700, its extra high-strength structural steel grade produced by NLMK Clabecq, to Pnevmash (Pneumatic Machine Building Company) for the production of beneficiation equipment. Pnevmash produces equipment for the mining sector, including a variety of grizzly screens used for separating raw materials by size. This type of equipment operates under sustained high loads coupled with constant vibration, which means the manufa
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