Steel Times International News
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Metso opens pilot DRI facility in Finland
Finnish industrial machinery company Metso has opened a DRI (direct reduced iron) smelting furnace pilot facility in Pori, Finland.
28 October 2024 -
Nucor contracts SMS group for Steckel mill revamp
Nucor has placed an order with plant supplier SMS group for the modernization and expansion of its Steckel mill at its Tuscaloosa site.
25 October 2024 -
Cool Planet announces successful A2 funding round
Cool Planet Technologies Limited has successfully raised €23.7 million in a Series A2 funding round. The investment has been provided by industrial investors, further validating, the company claims, the appeal of its compact, low-energy and low-cost membrane-based carbon capture solution.
24 October 2024 -
Blastr Green Steel and Knauf Interfer sign MOU for low-carbon steel supply
Blastr Green Steel (Blastr) has entered a memorandum of understanding with Knauf Interfer, a European metal processing company, for the annual supply of 100kt of ultra-low CO₂ steel.
23 October 2024 -
Global excess capacity: 'No time to lose' says EUROFER's Axel Eggert
The steel crisis will be at the centre of the European Parliament (EP) Plenary sitting tomorrow morning in Strasbourg. Members of the European Parliament (MEPs) will debate how to tackle the dire situation facing the European steel industry and its workers, caused by global steel overcapacity, unfair trade, low demand in the manufacturing industry and high energy prices in the EU. This public discussion raises high expectations for a fit-for-purpose EU Steel Action Plan to be implemented swiftly to save the sector as the basis for EU manufacturing, underscores the European Steel Association.
22 October 2024 -
Tenova chosen to supply EAF for Tata Steel's Port Talbot plant
Tata Steel has signed a contract with Tenova, solutions provider for the metals and mining industry, for the latter to supply an electric arc furnace at Tata’s Port Talbot plant in Wales, weeks after the steelworks ended blast furnace-based production.
21 October 2024
