Business News
Overview: Business News
Nippon Steel to install world's largest electric arc furnace
06.02.2026
Jindal Steel Sohar EAF sets performance record
02.02.2026
Danieli has awarded Jindal Steel Sohar with a recognition for the record performance achieved at its steelmaking facility in Oman, operating a 220-ton electric arc furnace (EAF) supplied and commissioned by Danieli in 2014.
Tosyalı Algérie sets new world DRI production record
30.01.2026
Steel company Tosyalı Algérie has established a new world record for direct reduced iron (DRI). In 2025, Tosyalı Algérie’s module 2 achieved an output of 2.43 million tons, setting a new global benchmark during its first year of operation.
Worthington Steel to purchase steel distributor Kloeckner
22.01.2026
The US company Worthington Steel is offering $2.4 billion for the Düsseldorf-based steel distributor Klöckner & Co.
GMH Gruppe consolidates Open-Die Forging Group
19.01.2026
Kind & Co., Schmiedewerke Gröditz and Buderus Edelstahl aligned under a unified industrial structure.
Using hot slag as a source of waste heat
15.01.2026
Research project working on the use of slag for energy recovery for the local district heating network.
SMS integrates Metso's ferrous technologies
12.01.2026
Acquisition completed: SMS group has acquired selected technologies from Metso for the production of green iron.
High-performance alloys for additive manufacturing of energy converters
09.01.2026
Currently, only a handful of commercial alloys are available for the additive manufacturing of electric motor components. In order to make electrical machines even more efficient in the future, new materials are needed that are specially tailored to their requirements.
Sidersa to install green steel minimill to compete in long products
05.01.2026
Argentinian Sidersa will be the first steelmaker to operate a Danieli Mida QLP-Due minimill in Latin America. The new minimill will be installed in San Nicolás de los Arroyos, Buenos Aires province.
Xuân Thiện Group to install green steel production lines in Vietnam
01.01.2026
With two new production facilities, Vietnamese industrial company Xuân Thiện Group is aiming to become a leader in the manufacture of high-quality flat steel in Southeast Asia.