Steel Times International News
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Multi-million dollar hydrogen storage project announced
The three companies developing the joint initiative HYBRIT project – SSAB, LKAB and Vattenfall – have commenced building a rock cavern storage facility for fossil-free hydrogen gas on a pilot scale. The facility will be located next to HYBRIT’s pilot facility for direct reduction in Luleå, North of Sweden. According to Swedish steelmaker SSAB, the move is an important step in the development of a fossil-free value chain for fossil-free steel. An investment cost of just over SEK 250 million US$29 million) is divided equally across the holding companies and the Swedish Energy Agency, which provides support via Industriklivet.
07 April 2021 -
ArcelorMittal Construction acquires Swedish panel production line
ArcelorMittal Construction Sweden has acquired the Kungshamn panel production line of Llentab in Sweden.
01 April 2021 -
US$2 trillion infrastructure plan will mean historic job growth
President Joe Biden was in Pittsburgh, PA, yesterday to announce the roll-out of his infrastructure plan for the USA. The two-part plan, which, he said, was not a plan that 'tinkers around the edges', is designed to create millions of good-paying jobs and grow the US economy in the process.
01 April 2021 -
ArcelorMittal plans DRI-EAF plants for Bremen and Eisenhuttenstadt
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.
29 March 2021 -
Latest statement from GFG Alliance
Following on from the news that Greensill Capital had gone into administration, another statement has been issued by GFG Alliance. We now print that statement, in full, unedited.
26 March 2021 -
US imports 1.8Mt of steel in February
[All quantities in this article are net tons]
The USA imported a total of 1.8Mt tons of steel in February 2021, including 1.4Mt of finished steel (down 22.0% and up 15%, respectively compared with January final data).26 March 2021
