Steel industry news

Liberty Steel and Wire Peoria wins prestigious safety award

Published: October 07, 2019 by Matthew Moggridge

Liberty Steel and Wire Peoria has won the prestigious Don B Daily Achievement in Safety Award, from the Steel Manufacturers Association (SMA) in recognition of its ‘impressive commitment’ to improving safety performance at the company’s 1,100-worker Illinois plant.

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Russian steelmaker begins hot testing of new reheating furnace

Published: October 02, 2019 by Matthew Moggridge

NLMK Lipetsk, the flagship site of Russian steelmaker NLMK Group, has started hot testing at its new furnace for preheating slabs before rolling at its Mill 2000. The new reheating furnace will increase NLMK Lipetsk’s hot-rolled steel output by 110kt, reduce energy consumption by 50%, halve…

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Big River announces scrap venture with US Steel

Published: October 02, 2019 by Matthew Moggridge

Big River Steel of Osceola, Arkansas, USA, has announced that it has entered into an agreement with United States Steel Corporation (US Steel) in which Big River will receive $700 million in cash in return for a minority ownership interest in its scrap recycling and steel production…

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EU steel safeguard revision alone will not be sufficient, says EUROFER

Published: October 02, 2019 by Matthew Moggridge

The European Union (EU) has published and implemented its revision of the EU steel safeguard. According to the European Steel Association (EUROFER) the new design of the tariff-free quota will better stabilise trade flows by containing import concentration from certain exporting countries.

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Severstal pilots world steel’s GHG emissions reduction programme

Published: September 19, 2019 by Matthew Moggridge

The Russian steelmaker Severstal is acting as a kind of test pilot for the World Steel Association's Step up programme, a GHG reduction initiative that the WSA hopes will help the steel industry contribute to the global transition towards a carbon-neutral economy.

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