Germany’s federal environment minister has pledged €55 million ($65 million) towards ArcelorMittal Hamburg’s planned construction of a demonstrator directed reduced iron (DRI) plant, which will eventually use green hydrogen, the Luxembourg-headquartered group stated. Svenja Schulze pledged the government’s support Sept. 7 while visiting the Hamburg plant, ArcelorMittal noted. Do you know which market conditions are […]
Christopher Rivituso
SSAB to collaborate with automotive groups on potential supply of fossil-free steel
Sweden’s SSAB has announced collaboration plans with two European auto groups on the potential supply of fossil-free steel for auto bodies and parts. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. SSAB to collaborate with European auto groups on potential fossil-free […]
Hot rolled coil prices in Western Europe take a fall amid holiday season
Higher stock levels and summer holidays have seen prices for hot rolled coil in Western Europe move off since late July, industry watchers said. “I have the impression that people are not fully back yet from their holidays,” one source said. Those who have returned are now either taking a wait-and-see approach to any new […]
UK upholds anti-dumping duties for tube and pipe from Belarus, China
The U.K. government has upheld the Trade Remedies Authority’s (TRA) revocation of anti-dumping duties for welded tube and pipe imports from Russia. However, it has upheld them for imports of the same product from Belarus and China. More MetalMiner is available on LinkedIn. Tube and pipe duties The TRA made the recommendation to the Secretary […]
Tata Steel Europe mulls reline of blast furnaces at Netherlands plant
Tata Steel Europe is eyeing a refractory reline of one of the two blast furnaces at its IJmuiden works (Tata Steel Netherlands) in 2022, a source close to the company told MetalMiner. He declined to say either which of IJmuiden’s two furnaces – BF 6 or BF 7 – would undergo a refractory reline or […]
Salzgitter-Flachstahl and Anglo American to cooperate on decarbonizing steel operations
German flats producer Salzgitter-Flachstahl, part of the Salzgitter group, and Anglo American have signed a memorandum of understanding (MoU) to cooperate on decarbonizing steel production, the London-headquartered company announced. The work will include methods to reduce carbon emissions by researching iron ore pellets and lump ores that would be suitable for use in direct reduction […]
ArcelorMittal announces $1.4B investment to slash carbon emissions at Ontario plant
ArcelorMittal plans to invest C$1.77 billion ($1.42 billion) into installation of new technology at its Dofasco plant in Ontario. The investments will cut carbon emissions by 60%, or 3 million metric tons, over the next seven years, the steelmaker said. With volatile steel markets, knowing which strategy to execute and when can make all the […]
Tata Steel to raise carbon surcharge on new contracts beginning Sept. 1
Tata Steel Europe (TSE) plans to raise from Sept. 1 its carbon surcharge on new contracts concluded for flat rolled steel products, an official with the company said. “The surcharge is in line with the [European Union’s] Emissions Trading Scheme” for carbon regulation, the official told MetalMiner late last week. You want more MetalMiner on […]
Summer, import offers weigh on West European hot rolled coil prices
Prices for hot rolled coil in Western Europe have started to slow on subdued demand, due to the summer season and competitive import offers, market participants told MetalMiner. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. Hot rolled […]
Improved economic activity boosts NLMK’s H1 operational results
Novolipetsk Steel (NLMK) reported a 10.8% increase year over year in its crude production for H1 2021. The steelmaker benefited from stronger demand, as economies in Russia and abroad restarted economic activity, the group said. Volatility is the name of the game. Do you have a steel buying strategy that can handle the ups and […]
