Steel Times International
US President Joe Biden has decided to officially block Nippon Steel's proposed $14.9-billion purchase of US Steel, a person familiar with the decision has said, putting an end to months-long negotiations and sector-wide debate.
Steel Times International
Through this summit, participants can attend sessions to gain insights on technological innovations, policy support, financial investment, and the EU's climate targets and the sustainable development of the global steel industry.
SSAB awarded SEK 1.45 billion grant from EU fund to accelerate…
Dec 9, 2024 · Swedish steelmaker SSAB has been granted SEK 1.45 billion in the framework of the Just Transition Fund, an EU fund that includes support for the sustainable transition of the steel industry in Norrbotten. The funding will contribute to the transformation to fossil-free steel production of SSAB’s ...
Steel Times International
The leading journal for the steel and iron manufacturing industries. Steel Times International contains global news, events, technical articles, company…
ArcelorMittal Poland to build hydrogen production plant
Nov 25, 2024 · "Since 2004, we have already invested nearly PLN 2.5 billion in Kraków's rolling mills and galvanizing plants. We are constantly improving the quality of our products, expanding their product range, and at the same time gradually reducing our environmental impact", said Wojciech Koszuta, CEO of ArcelorMittal Poland.
Tosyalı to build 'world's largest DRI complex' in Libya
Jul 22, 2024 · Ahmed Gadalla, chairman of SULB, added, "We are delighted and proud to make a crucial step towards Libya's industrialization and the development of the steel industry by partnering with Tosyalı, a global steel producer and leader in green steel across three continents.
Japanese steel giants apply for government subsidy to go green
Nov 7, 2024 · Two of the largest integrated steel producers in Japan, Nippon Steel and JFE Steel, have applied for government funding allocated through the new Green Transformation Promotion Act (GX) to advance research and development in decarbonizing operations.
SSAB receives permit for Luleå steelworks transformation
Jan 2, 2025 · SSAB has received a permit from the Land and Environmental Court in Umeå to build and operate a mini-mill in Luleå, Sweden, that will replace the current steel plant. “This is a big day for us at SSAB and for the transformation to fossil-free steel production in Sweden.'' Johnny Sjöström ...
Unions have 'constructive' meeting with British Steel's Chinese …
Dec 6, 2024 · The statement from the three unions said: "National officials from the steel unions held a constructive meeting with Jingye today where we presented the report from our expert consultants, Syndex, which assesses the decarbonisation strategy for British Steel.
SSAB contracts SMS group to build 190-ton EAF
Dec 2, 2024 · The new EAF, located in Oxelösund, has its first heat scheduled for the fourth quarter of 2026 and will lower total CO 2 emissions in Sweden by 3%, say the companies.. Powered by a 280 MVA transformer, the EAF will also utilize technology to meet the limitations imposed by the grid authority in terms of flicker, power factor, and harmonic distortion.