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.

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

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

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

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

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

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

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

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

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