Steel Times International News
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Vietnamese mills close down blast furnaces due to downturn
Two Vietnamese companies have switched off their blast furnaces in order to minimise financial losses, according to a report by media company Kallanish.
10 November 2022 -
India looks to extend steel export scheme
India's trade ministry has sought to extend an export promotion scheme to reimburse some local levies for domestic steel producers, a senior government official said, as the industry reels from steep fall in shipments.
10 November 2022 -
Australian study targets low emissions steelmaking
The Australian Renewable Energy Agency (ARENA) has announced $947,035 in funding to technology company Calix Limited, to evaluate the feasibility of a low emissions method for reducing iron.
08 November 2022 -
POSCO to produce steel plate for renewable wind power
Korean steelmaker POSCO has received approval from DNV, the world's leading certification authority in the energy sector, as the first global steel company to produce plate for wind power.
08 November 2022 -
ArcelorMittal invests $25 million in breakthrough nuclear power company
Global steel manufacturer ArcelorMittal has announced that it has invested $25 million in nuclear innovation company TerraPower through its XCarb® Innovation Fund. The investment is part of an $830 million equity raise TerraPower has concluded, which is the largest private raise among advanced nuclear companies.
07 November 2022 -
ISO 45001 certification for two US Steel facilities
David Burritt, chief executive officer of United States Steel (US Steel) has announced that the company has achieved ISO 45001 certification for its Great Lakes Works and its US Steel Kosice facilities.
03 November 2022
