Nucor Corporation's (NYSE: NUE) Board of Directors approved the construction of a galvanizing line at the company's sheet mill in Arkansas to support Nucor's growth into a wider and more diverse set of strategic end-market applications. The new galvanizing line is a $240 million investment with an annual capacity of approximately 500,000 tons. It is expected to be operational in the first half of 2021. Read more
voestalpine will be a partner to the ABB FIA Formula E Championship in its European races for an initial period of two years starting with the 2018/2019 season. Titled the “voestalpine European Races”, the world’s first electric street racing series will be run in European cities including Paris, Berlin, Rome, and Monte Carlo among others - pending publication of next season’s calendar. Read more
Lakshmi N. Mittal, chairman and CEO of ArcelorMittal, is the 2018 recipient of The American Iron and Steel Institute's (AISI) highest award, The Gary Medal. Mittal accepted the award via video link during a lunch-time ceremony at AISI’s General Meeting in Washington, D.C. earlier this week. Read more
An EU-funded flagship project for a CO2-reduced energy future and the decarbonization of steel production is taking shape: today, at the voestalpine site in Linz, the H2FUTURE project consortium, consisting of voestalpine, Siemens, VERBUND, and Austrian Power Grid, together with the research partners K1-MET and ECN, officially gave the go-ahead for construction of the world’s largest pilot facility for the production of “green” hydrogen. Read more
Kobe Steel, Ltd. plans to make capital investments of approximately 50 billion yen at Kakogawa Works centered on a new continuous annealing line for steel sheet in response to the growing demand for automotive ultra high-strength steel (UHSS). Kobe Steel will go forward with construction and plans to start up the new facility in February 2021. Read more
The technology and capital goods group voestalpine is increasingly securing a key position in the dynamic and growing global electromobility industry. Read more
The UK’s leading centre for steel research, the Materials Processing Institute, is targeting further export growth after seeing turnover rise by 10%, following a series of global contract wins. Read more
JFE Steel Corporation announced today that its joint-venture company JFE Meranti Mynmar Co., Ltd (JMM) celebrated the start of construction on a plant for hot-dip galvanizing and color coating of flat-steel products for building and construction in the Thilawa Special Economic Zone near Yangon, Myanmar on March 1. Read more
HBIS has recently received a new order of 300tons of extra thick steel plates from Andritz, a world’s famous Hydropower equipment manufacturer, to produce two base ring boards of the two variable speed turbine power generation units. Read more
ArcelorMittal is supplying 770 tonnes of cryogenic steel plates through its subsidiary Industeel for a new major Shell petrochemical complex currently under construction in Pennsylvania, US. Read more
Tenaris has recently secured its first Long-Term Agreement with Chrysaor, an independent oil and gas producer in the North Sea, for the provision of OCTG casing and tubing and associated services. Read more
SAB’s, LKAB’s and Vattenfall’s pre-feasibility study is giving the green light for the fossil-free steel initiative, HYBRIT. For the first time in 1,000 years, there is an opportunity for a technology shift and, as early as this spring, a globally-unique pilot plant for fossil-free steel is being planned for Northern Sweden. Read more
Tata Steel has launched two new products, Tata Aggreto and Tata Nirman, India’s first branded LD slag products for applications in road, fly ash brick and clinker making. Read more
voestalpine has long been regarded as an environmental and efficiency benchmark in its industry, as well as a driver of innovation. Now the technology and capital goods group can complete another step towards realizing the H2FUTURE research project funded by the EU: the government of Upper Austria as the responsible EIA authority has recently authorized construction of the world’s largest pilot plant of its type for CO2-free production of hydrogen at the site in Linz. Read more
NLMK-SAP Innovations Lab together with National Centre of Internet of Things (NCIT) have developed a pilot 3D positioning system for shop-floor employees of hot-dip galvanizing line No.1 at NLMK Group’s Lipetsk site. Read more
The mobile canning line concept would allow farmers to process and preserve food onsite, massively reducing food loss. Read more
ArcelorMittal Galati, Romania, has supplied steel for an Antarctic Supply Research Vessel (ASRV) with icebreaking capabilities commissioned by the Australian government to broaden the country’s exploration of the Southern Ocean and Antarctica. Read more
The Commercial Court of Bordeaux has confirmed ArcelorMittal will take over the assets of Exosun, a company that specializes in trackers for solar farms. Read more