Steel Times International News
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$350 million rebar micromill approved
American steel giant Nucor Corporation has approved construction of a $350 million, 430kt/yr rebar micro mill, with spooling capabilities, to be located in the South Atlantic region. The new facility will be Nucor's third rebar micro mill, joining its existing operations in Missouri and Florida, both of which came on stream in 2020.
14 December 2021 -
Global steel alliance formed to cut emissions
A global alliance of steelmakers and mining companies has been brought together by the Chinese steel giant China Baowu Steel Group. The idea was first mooted in late 2019.
13 December 2021 -
COP26 fails to address metals and mining supply chain challenges
World leaders attending the COP26 conference in Glasgow, Scotland, last month had little understanding of supply chain challenges, according to Wood Mackenzie.
09 December 2021 -
Metalloinvest scores high with CDP sustainability rating
Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has announced that the company has scored “B-” in the CDP 2021 rating, which is the best score for a debut rating among Russian ferrous metallurgy companies.
08 December 2021 -
Urgent Government support needed for the British steel industry
A leading loading and unloading specialist, Thorworld Industries, is once again calling on the British Government to support what it describes as an “under-funded and neglected” British steel industry.
07 December 2021 -
H2 Green Steel and Iberdrola announce green hydrogen venture
H2 Green Steel (H2GS) and Iberdrola, a world-leading renewable energy company based in Spain, have today announced a partnership to build a 1GW green hydrogen production plant to feed a 2Mt direct reduction tower. It is claimed that the facility will reduce CO2 emissions by 95%.
02 December 2021