Tag Archives: STEEL

The Road to Sustainable Electric Motors for EVs: IDTechEx Analyzes Key Factors

(IN BRIEF) Electric vehicles (EVs) are essential for decarbonizing the transport sector, yet concerns regarding the sustainability of materials used in their electric motors persist. A recent IDTechEx report predicts a demand for over 160 million electric motors annually by … Read the full press release

ArcelorMittal Sets Date for Annual General Meeting and Updates on Board Committee Chair

(IN BRIEF) ArcelorMittal, a major steel company based in Luxembourg, has announced the date for its Annual General Meeting of shareholders, scheduled for April 30, 2024, at 3 p.m. CET. Shareholders eligible to vote will be determined based on their … Read the full press release

A New Tune: voestalpine Employees Sing the Message of Sustainability

(IN BRIEF) voestalpine has launched an innovative brand campaign, featuring its employees as ambassadors who sing about their passions and roles in a rendition of “My Favorite Things.” This campaign highlights how voestalpine contributes to sustainability and modern living through … Read the full press release

Stainless Steel Revolution: Outokumpu Collaborates with thyssenkrupp and Boysen Group to Decarbonize Auto Industry

(IN BRIEF) Outokumpu, a global stainless steel leader, has partnered with thyssenkrupp Materials Processing Europe and Boysen Group to introduce towards-zero stainless steel to the automotive industry. This collaboration aims to address tailpipe emissions and decarbonize the automotive sector. Outokumpu’s … Read the full press release

SSAB’s Oxelösund Mill to Lead Fossil-Free Steel Production Following Investment Decision

(IN BRIEF) SSAB, a leading steel producer, has made an investment decision for the green transformation of its Oxelösund mill in Sweden. This decision marks a significant step towards SSAB’s goal of producing steel without carbon emissions. The investment will … Read the full press release

DNV and Emirates Steel Arkan Unite to Lead Transformation towards a Sustainable Future

(IN BRIEF) DNV and Emirates Steel Arkan have formed a strategic partnership to accelerate decarbonization efforts in the steel and building materials producer industry. The five-year collaboration aims to achieve net zero emissions in line with the UAE’s climate neutrality … Read the full press release

ANDRITZ to Investigate Carbon Capture Plant for Vanadium Production in Finland

(IN BRIEF) Pori Energia Oy, a Finnish energy company, has commissioned international technology group, ANDRITZ, to conduct a feasibility study for a carbon capture and storage plant. The plant will be built at the combined heat and power station in … Read the full press release

SSAB and Vestre collaborate to create the world’s first piece of furniture made with fossil-free steel

(IN BRIEF) SSAB and Vestre have entered into a collaboration agreement to produce a piece of furniture using fossil-free steel. Vestre aims to transition to more sustainable materials and production methods, while SSAB is committed to leading the global steel … Read the full press release

Alfa Laval joins global initiative to address hard-to-abate CO2 emissions

(IN BRIEF) Alfa Laval has joined the First Movers Coalition (FMC), a global initiative launched by the World Economic Forum (WEF) to decarbonize hard-to-abate CO2-emitting industries and long-distance transport. The FMC focuses on seven sectors, including aluminium, aviation, chemicals, concrete, … Read the full press release

Steel Giant ArcelorMittal Leads $120 Million Fundraising Round for Boston Metal’s MOE Platform

(IN BRIEF) ArcelorMittal, the steel company, has invested $36 million in Boston Metal as part of a $120 million Series C fundraising round. The investment is the largest single initial investment to date by the company through its XCarb® Innovation … Read the full press release

Klöckner & Co, a major distributor of steel and metal products, to start selling emission-minimized stainless steel from Outokumpu Oyj

(PRESS RELEASE) HELSINKI, 7-Dec-2022 — /EuropaWire/ — Outokumpu Oyj (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced that its emission-minimized stainless steel will be distributed by Klöckner & Co, one of the largest producer-independent distributors of … Read the full press release

Vattenfall joins the new Cement and Concrete sector launched by the First Movers Coalition

(PRESS RELEASE) STOCKHOLM, 8-Nov-2022 — /EuropaWire/ — Vattenfall, a Swedish Government-owned multinational power company, has announced a new commitment in connection to COP27 where the First Movers Coalition today launched a new sector – Cement and Concrete. The company will … Read the full press release

H2 Green Steel and Hydro Havrand partnership eye green hydrogen production at scale

(PRESS RELEASE) OSLO, 13-Oct-2022 — /EuropaWire/ — Norsk Hydro ASA (OTCMKTS: NHYDY), a Norwegian aluminium and renewable energy company committed to a sustainable future, has announced that its renewable hydrogen subsidiary Hydro Havrand will enter into a partnership with H2 … Read the full press release

New research demonstrated that direct reduced iron (DRI) with hydrogen creates a product with superior mechanical and aging properties

(PRESS RELEASE) STOCKHOLM, 12-Oct-2022 — /EuropaWire/ — Vattenfall, a Swedish Government-owned multinational power company, has announced that a new research demonstrated that direct reduced iron (DRI) with hydrogen creates a product with superior mechanical and aging properties as compared to … Read the full press release

Voestalpine Railway Systems to produce high-performance turnouts in Egypt as part of a new joint venture

(PRESS RELEASE) LINZ, 5-Jul-2022 — /EuropaWire/ — Voestalpine AG (VIE: VOE), an Austria-based leading steel and technology group with a unique combination of materials and processing expertise, has announced that its Railway Systems business unit part of the Group’s Metal … Read the full press release

Voestalpine Railway Systems produrrà scambi ad alte prestazioni in Egitto come parte di una nuova joint venture

(COMUNICATO STAMPA) LINZ, 5-Jul-2022 — /EuropaWire/ — Voestalpine AG (VIE: VOE), un gruppo siderurgico e tecnologico leader in Austria con una combinazione unica di materiali ed esperienza di lavorazione, ha annunciato che la sua business unit Railway Systems facente parte … Read the full press release

Alfa Laval to use fossil-free steel from SSAB in the production of its heat exchangers

(PRESS RELEASE) LUND, 31-May-2022 — /EuropaWire/ — Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, and SSAB (STO: SSAB-A), a Nordic and US-based steel company, have announced a new collaboration for the development and commercialization … Read the full press release

Alfa Laval verwendet für die Produktion seiner Wärmetauscher fossilfreien Stahl von SSAB

(PRESSEMITTEILUNG) LUND, 31-May-2022 — /EuropaWire/ — Alfa Laval, ein weltweit führender Anbieter von Wärmeübertragung, Zentrifugalabscheidung und Flüssigkeitshandhabung, und SSAB (STO: SSAB-A), ein in Skandinavien und den USA ansässiges Stahlunternehmen, haben eine neue Zusammenarbeit für die Entwicklung und Vermarktung des weltweit … Read the full press release

Successful start of the new galvanizing line ANDRITZ supplied to Nucor Steel Arkansas in the United States

(PRESS RELEASE) GRAZ, 28-Mar-2022 — /EuropaWire/ — ANDRITZ GROUP, Austria-based international technology group active in the supplies of plants, has announced the successful start of the new galvanizing line the company supplied to Nucor Steel Arkansas in Hickman, Arkansas, USA. … Read the full press release

voestalpine opens new EUR 23 million testing center in Linz, Austria

(PRESS RELEASE) LINZ, 14-Feb-2022 — /EuropaWire/ — Voestalpine AG (VIE: VOE), an Austria-based leading steel and technology group with a unique combination of materials and processing expertise, has announced the launch of its new state-of-the-art testing center in Linz, Austria … Read the full press release