Business News
Overview: Business News
Thyssenkrupp postpones construction of its smelter testing facility
11.12.2024
Grenzebach Maschinenbau GmbH has announced that the start of assembly of the smelter pilot plant at Thyssenkrupp Steel in Duisburg, originally planned for December 2024, will have to be postponed until 2025 due to outstanding building permits. The engineering and building planning work is currently underway. Assembly is currently expected to begin in the summer of 2025.
Indian quartet of metal trade fairs set for strong industry growth in 2024
11.12.2024
The four Indian metal trade fairs wire India, Tube India, METEC India and India Essen Welding & Cutting can look back on three successful trade fair days at the Bombay Exhibition Centre.
Decarbonization of the bright annealing process with reusing hydrogen
10.12.2024
The plant manufacturer Tenova and the tube manufacturer DMV aims to reduce emissions in steel production by recovering and reusing hydrogen in the bright annealing process.
Environmentally friendly hydrogen storage tanks made from recycled metal
09.12.2024
Titanium-iron alloys are particularly promising for hydrogen storage as they can absorb large quantities of hydrogen. However, the production costs of such materials have been very high until now.
Ovako to install a hydrogen ready rebuilt furnace
04.12.2024
Swedish company Ovako, a leading Nordic manufacturer of speciality long steel products, has converted the steel reheating furnace in the Swedish Boxholm rolling mill from oil to an environmentally friendly process. The new furnace is now powered by an oxyfuel mixture of oxygen and propane.
SSAB installs one of the world's most powerful EAFs
03.12.2024
Swedish SSAB wants to advance the production of green steel with one of the most powerful electric arc furnaces in the world. The electric arc furnace that is currently being built by SMS for the SSAB steelworks in Oxelösund, Sweden, will be equipped with the most modern digital medium-voltage injection system. The MMC system is crucial for maintaining the quality of the power grid
Sustainable material cycle for steel
02.12.2024
Hulamin improves product quality in aluminum rolling mill
28.11.2024
Aluminum producer Hulamin is modernizing its cold rolling mill at its Pietermaritzburg site in South Africa. Newly implemented Hot-Edge Inductors from Primetals on the outlet side of the aluminum cold rolling mill enable the production of high-quality cold-rolled aluminum strip that meets the requirements of the can packaging market.
ArcelorMittal postpones planned green investments in the EU
27.11.2024
The world's largest steelmaker intends to pursue the decarbonization of its European plants with the goal of achieving net zero by 2050, but will review the necessary steps in light of the economic and regulatory environment. The final investment decision will depend on developments in 2025.
Hydro starts battery and solar rooftop operations at Offenburg aluminium plant in Germany
26.11.2024
Aluminium and renewable energy company Hydro takes another step towards decarbonizing its aluminium plants by beginning local, onsite solar energy production and energy efficiency measures in Germany. The first systems in Offenburg have been completed and recently began interim operations.