Business News
Overview: Business News
Commission proposes plan to protect EU steel industry from unfair impacts of global overcapacity
10/10/2025
The Commission has presented a proposal to protect the EU steel sector from unfair impacts of global overcapacity, a vital step towards ensuring the long-term viability of a strategically crucial industry.
LY Steel starts up 20-High silicon steel mill
09/10/2025
The new rolling mill enables the chinese steel company to produce high-quality, ultra-thin silicon steel, positioning the company among the top tier of the silicon steel market.
Emsteel to launch pilot for electric process-gas heating in Abu Dhabi
08/10/2025
Saudi Arabian steel producer Emsteel has launched a pilot project in collaboration with Danieli and Kanthal to electrify process gas heating at the DRI plant in Abu Dhabi.
Yamato Steel upgrades heavy section mill
07/10/2025
The upgrade featuring CCS technology promises not only higher product quality but also improved energy efficiency during the production process.
Outokumpu and Boston Metal cooperate
06/10/2025
Outokumpu, a global leader in sustainable stainless steel, announced it has signed a Memorandum of Understanding (MoU) with Boston Metal, a technology company redefining global metals production, to enhance the production of critical carbon-free metals vital for industries such as defense and aerospace.
Shanxi Jingang to install ESP Line
01/10/2025
Chinese steel company Shanxi Jingang New Materials Technology has commissioned Primetals to supply a new thin slab casting and rolling mill with Arvedi ESP (Endless Strip Production) concept for its site in Jincheng, Shanxi Province, China.
Construction begins on hydrogen-based ironmaking plant in Austria
30/09/2025
The project at the Voestalpine site in Linz will implement a new process for potential net-zero CO2 emissions ironmaking. Using hydrogen-based fine ore reduction and an electric smelting furnace, the demonstration plant in Linz will produce hot-briquetted iron, pig iron and cast iron on an industrial scale.
Additive Manufacturing for complex die casting tools
29/09/2025
The Fraunhofer ILT and MacLean-Fogg have jointly produced a complex die casting tool inlay using Laser Powder Bed Fusion (PBF-LB/M). The specially developed L-40 tool steel enables the additive manufacturing of heavily loaded, large-volume tools for the first time and thus the implementation of conformal cooling.
Primobius becomes wholly owned subsidiary of SMS
26/09/2025
SMS group’s acquisition of Neometals’ 50 percent stake marks the start of a new development phase for Primobius, focused on scaling operations and expanding into international markets.
Topy to install acoustic water detection
24/09/2025
The Japanese steel company Topy Industries, specialising in steel, particularly automotive and industrial components, has introduced an acoustic water detection system to improve the operational efficiency and environmental performance of the EAF at its Toyohashi plant.