Steel Times International
WEBA recent report by Indian ratings agency CRISIL has revealed that Indian production of direct reduced iron (DRI), also known as sponge iron, achieved a compound annual growth rate (CAGR) of 8% to 51.5Mt in 2024 from 34.7Mt in 2019, outpacing the 5% growth in crude steel output.
Steel Times International
WEBSep 3, 2024 · Findings from a recent study have claimed that air pollution from ArcelorMittal’s Temirtau plant, located in Kazakhstan, led to the death of 3000 people in the surrounding area, as well as costing the country $4.2 billion in health-related damages. The leading journal for the steel and iron manufacturing industries.
SSAB invests heavily in Mobile, Alabama steel mill
WEBNov 6, 2018 · Swedish steelmaker SSAB is planning to invest up to US$100 million on its steel operations in Mobile, Alabama. The aim is to increase production capacity for high-strength, value-added steels including quenched and tempered (Q&T) steels while increasing operational efficiency and reducing raw …
One of the fastest growing private enterprises in the USA
WEBSep 3, 2021 · For the third year in a row, Vested Metals International, a St. Augustine, Florida-based company focused on raw material specialty metals and steel distribution, value-added processing, and metallurgical consulting, has been named one of the fastest-growing privately owned companies in America. Spearheaded by …
Fortescue breaks ground on green hydrogen project
WEBPublished 20th August, 2024 by Catherine Hill. Fortescue's battery electric haul truck prototype at the Green Energy Hub/ Image credit: Fortescue. Global mining company Fortescue has broken ground at its Green Metal Project in the Pilbara region of Western Australia, marking a ‘new milestone’ in its mission to build a green metal supply chain.
Tata Steel IJmuiden – the third most efficient in the world
WEBNov 29, 2022 · Hans van den Berg, chairman of the board of management of Tata Steel Nederland, commented: "I am proud that we are once more recognised as one of the most C0 2-efficient steelworks in the world and I would like to share this recognition with all our people, contractors, suppliers and customers.". He said that while steel is an essential part of everybody's daily lives, Tata Steel is not blind ...
Steel service centre for Sinton, Texas
WEBPublished 23rd April, 2021 by Matthew Moggridge. Feralloy Processing Company and Acero Prime, S. de R.L. de C.V. have announced plans to open a new 300,000 square foot steel service centre, strategically located in Sinton, Texas where Steel Dynamics’ greenfield flat-roll mill will come online later this year. Scheduled to be operational by Q3 ...
ArcelorMittal plans DRI-EAF plants for Bremen and Eisenhuttenstadt
WEBMar 29, 2021 · ArcelorMittal is planning to build a large-scale industrial plant for the direct reduction of iron ore (DRI) and electric arc furnace (EAF)-based steelmaking at its site in Bremen in Germany. The world's biggest steelmaker is also planning a DRI pilot plant and an electric arc furnace (EAF) in Eisenhüttenstadt, following the announcement of ...
Tata Steel mulls nuclear energy use to produce green steel
WEBAug 22, 2024 · Tata Steel is claimed to be exploring the possibility of utilizing nuclear energy to produce green steel. According to sources within the atomic energy industry, the company is assessing the feasibility of deploying around 200 Bharat Small Reactors (BSRs), each with a capacity of 220 MW, totalling approximately 45 GW. In her budget speech on 23 ...
Steel Times International
WEB2 Leader by Matthew Moggridge, editor, Steel Times International 4 News round-up – The latest global news. 11 USA update – President Biden’s Transportation Bill.. 15 Latin America update – Mexico’s long steel market.. 19 India update – Steel mills expand capacity.. 23 China update – Will China be carbon neutral by 2060?. 26 Innovations – Contracts and products news.