Business News
Overview: Business News
High-definition flatness correction for the rolling industry
12.09.2024
Primetals is launching a new high-resolution flatness correction for the rolling industry. The technology is compatible with aluminium, brass and copper flat rolling mills as well as steel hot rolling mills. The plant manufacturer promises exceptional product flatness at lower investment costs.
Steel production increasingly from scrap
10.09.2024
By 2050, an estimated 35 % of steel will be produced from scrap, saysthe german company SMS group.Indian RN Gupta installs counterblow hammer for large forgings
10.09.2024
RN Gupta,, a family-run company from India, ordered a new type DG 63h Bêché counterblow hammer from Schuler. The supplier with its 1,500 employees will use the hammer to produce flanges, pipe fittings, and valves for the oil and gas industry, as well as parts for the automotive and railroad industries.Vale and Midrex cooperate to use iron ore briquettes in DRI plants
09.09.2024
Midrex Technologies Inc. und Vale have agreed to partner in advancing a technical solution for the use of iron ore briquettes in direct reduction plants. Executives of the two companies signed a Technical Cooperation Agreement, united by a common vision for steelmaking decarbonization.JSP installs blast furnace gas injection system
04.09.2024
A new blast furnace syn-gas injection system will support Jindal Steel and Power's transition toward green steel production by lowering blast furnace CO2 emissions at a plant in Angul, India. The injection system enhance greencCredentials and reduce OPEX.Hydnum Steel wants to optimise the supply chain for green steel in Europe with Euroports
04.09.2024
Hydnum Steel, the first ‘green’ steel mill in Spain, and Euroports, one of the leading port and logistics operators in Europe, have signed a memorandum of understanding to optimise the steel supply chain. The agreement aims to develop an efficient logistics network for the transport, storage and distribution of steel coils that Hydnum Steel will produce at its planned plant in Puertollano.Tyasa adds automotive grades to its portfolio
02.09.2024
The Mexican steel manufacturer Tyasa has commissioned Primetals to upgrade its 6-strand billet, bloom, and beam-blank multi-format caster. The caster upgrade accommodates production of special bar quality (SBQ) steel for the automotive industry.Schmiedewerke Gröditz inaugurates new forging furnace
29.08.2024
The new state-of-the-art forging furnace is designed for future operation with green hydrogen. Schmiedewerke Gröditz Schmiedewerke Gröditz talks about a milestone towards carbon neutrality. However, the company emphasises its call for government support for green hydrogen infrastructure.
Revamped EAF Started up in the U.S.A. Boasts Increased Safety and Productivity
28.08.2024
U.S. steel producer NLMK Indiana has started up a 118-ton electric arc furnace, revamped by Primetals Technologies, at its steel plant in Portage, Indiana, U.S.A.
Salzgitter Mannesmann Handel presents PCF calculation tool for the carbon footprint of steel products
28.08.2024
A new PCF calculation tool by the companies of the Salzgitter Mannesmann Handel GmbH offers complete transparency regarding their steel products’ carbon footprint. Following successful validation by TÜV SÜD, the CO2 calculation tool is now available with the TÜV SÜD seal of approval.