BMW will invest $200 million in Brazilian plant According to the Brazilian newspaper, Valor Econômico, BMW announced investment equivalent to $200 million for its Brazilian plant, located in the southern state of Santa Cataria. The proceeds will go...
Sarralle to provide new inspection line to US Steel's Big River plant Spain-based industrial engineering company Sarralle has announced that the new inspection line for the Big River plant of United States Steel Corporation (US Steel) is ready for shipment, following th...
Spain's Sidenor to explore electrification of steel production processes Spain-based steel producer Sidenor Group has announced that it will explore the feasibility of the electrification of key processes in steel production to reduce its dependence on natural gas, cut its...
Thailand launches AD duty investigation on CR stainless steel from Vietnam Thailand's Department of Foreign Trade (DFT) has announced that it has initiated an antidumping duty (AD) investigation on cold rolled stainless steel products imported from Vietnam. The investigation...
Germany's GMH strengthens market position in tool steel industry with new acquisition Germany-based special steel producer Georgsmarienhuette Gruppe (GMH) has announced that it has strengthened its market position in the tool steel industry by acquiring 100 percent of shares in German ...
Salzgitter Flachstahl and Energiekontor agree to supply green electricity Energiekontor implements two solar park projects in Mecklenburg-Vorpommern Salzgitter Flachstahl, a division of steelmaker Salzgitter AG, has signed long-term contracts with Germany’s Energiekontor t...
Poland-based JSW posts increased net loss for H1 Poland-based coking coal producer Jastrzebska Spolka Weglowa SA (JSW) has announced its financial and operational results for the second quarter and the first half this year. In the given quarter, the...
Hyundai Steel aims to reduce BF carbon emissions UK-based plantmaker Primetals Technologies has announced that it will conduct a blast furnace gas injection study for South Korean steelmaker Hyundai Steel. With this study to be executed on Hyundai S...
Mexico sees declines in liquid steel production in August Liquid steel production in Mexico totaled 1.10 million metric tons (mt) in August, 17.2 percent less, year-over-year. This is 21 consecutive months of contraction (since December 2022), and in the las...
US bans steel imports from Chinese company over alleged forced labor The United States government has banned steel imports from one of the subsidiaries of state-owned steel giant China Baowu Group on Thursday over allegations of forced labor. This is the first time a s...
US Steel assesses economic impact of Nippon Steel's proposed $1 billion investment United States Steel Corporation (US Steel) has released a new economic impact analysis that assesses how the proposed $1 billion investment committed by Japanese steelmaker Nippon Steel Corporation to...
Alchemia Group sells seamless pipe plant in Poland The company is divesting the plant as part of a restructuring effort to adapt to volatile market conditions Alchemia Group of steel companies is selling a fully functional seamless pipe plant in Polan...
