Baowu and Rio Tinto partner to decarbonise the steel value chain
SHANGHAI – China Baowu, the world’s biggest steelmaker, and Rio Tinto, the world’s largest iron ore producer, have signed a
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steelmaking
Steelmaker POSCO establishes C-free/low-C power generation mix
However, is it possible to stably supply green energy only with renewable energy? The fundamental reason that stable electricity supply
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POSCO reports on current status of power use at the steel works
How much electricity does steel production take? POSCO used about 25 TWh (terawatt hour) of electricity at Pohang and Gwangyang
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Short range outlook for steel industry of developing economies
Emerging and developing economies excluding China – Steel demand dynamics in emerging and developing economies are diverging, with developing Asia
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Global crude steel production for April 2023
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.4 million tonnes (Mt)
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Short range outlook for Chinese steel industry
Chinese steel demand contracted in both 2021 and 2022 as the Chinese economy decelerated sharply due to unexpected lockdowns that
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Short range outlook for steel industry of advanced economies
Steel demand in the developed economies suffered a sizable contraction in 2022 because of monetary tightening and high energy costs.
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Global crude steel production for March 2023
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 165.1 million tonnes (Mt)
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Green hydrogen to decarbonise the steel industry
The steel industry is responsible for around 5 per cent of CO₂ emissions in the European Union (EU) and 7 per
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worldsteel Short Range Outlook April 2023
The World Steel Association (worldsteel) has released its Short Range Outlook (SRO) steel demand forecast for 2023 and 2024. worldsteel
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Automated forging line for energy efficiency and optimized processes
Jiuli, headquartered in Huzhou City, Zhejiang Province, China, has awarded SMS group the final acceptance certificate (FAC) for putting the
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ArcelorMittal SA to adopt a flexible approach to operating plants
ArcelorMittal announces final results December 2022; Revenue for the year grew to R40.8 billion (2021: R39.7 billion) and profit from
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First slab cast on one of the largest continuous casters in the world
One of the world’s largest casters, the single-strand caster supplied by SMS group for ultra-wide and thick slabs, has successfully
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February 2023 crude steel production
Brussels, Belgium – World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 142.4
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Nucor Steel integrates MES 4.0 into new steel production lines
Nucor Steel Gallatin produced the first hot coil following a comprehensive upgrade of its production lines using SMS digital’s Manufacturing
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SULB to modernize electric arc furnace and four-strand concast
SULB Company BSC located in the Kingdom of Bahrain commissions SMS for the revamp of the 130 ton electric arc
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thyssenkrupp Steel orders direct reduction plant: one of the world’s largest
thyssenkrupp Steel places an order with SMS for the engineering, delivery and construction of the first hydrogen-powered direct reduction plant
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ArcelorMittal South Africa reports on its short-term outlook
Internationally, the World Steel Association expects a recovery in steel demand. The pressure on price-cost spreads is proving to be
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ArcelorMittal SA reports 20% drop in crude steel production
ArcelorMittal SA average capacity utilisation decreased from 60% in 2021 to 47% in 2022. The reduction in capacity utilisation reflects,
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January 2023 global crude steel production
Brussels, Belgium – World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 145.3
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SA steel consumption for 2022 decreased by 12% to 4 million tonnes
After increasing by 4% in 2021, global crude steel production decreased by 4% or 82 million tonnes in 2022 to
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ArcelorMittal SA reacts on developments in steel market
On 28 July 2022, at the announcement of the Company’s interim financial results, it was indicated that the outlook for
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Rebar minimill with integrated melting, casting, and rolling for Korea
YK Steel, Korea, has commissioned SMS group to supply a new minimill with integrated melting, casting, and rolling and including
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Highbar gets rebar minimill and places option on two further plants
Highbar LLC has placed an order with SMS group for a new rebar minimill, which will be built on a
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AMSA blames high prices of raw materials on its weaker performance
VANDERBIJLPARK – Based on information currently available, ArcelorMittal South Africa has advised that the Company expects the earnings per share
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Primetals to upgrade wire rod mill for recycled-steel producer
Metals producer AFV Beltrame Stahl Gerlafingen has recently contracted Primetals Technologies to upgrade its wire rod mill in Gerlafingen, a
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Decarbonisation of steelmaking requires $1.4 trillion of investment
The industrialised world cannot function without steel. It is essential to everything from the buildings we live in to the
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Britain could lead technological leap forward to produce green steel
by Henrik Adam, Chairman of Tata Steel UK. The old blast furnace at Redcar steelworks on Teesside, which once produced
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Steel is the most recycled (84%) primary packaging material in Europe
In the Netherlands, used steel packaging from households is collected along with other household waste. Next, most of the steel
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IN NUTSHELL: How Steel Is Made
Steel is primarily produced using one of two methods: Blast Furnace or Electric Arc Furnace. The blast furnace is the
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