Tag Archives: steelmaking

ArcelorMittal Unveils AM/NS India’s Expansion Plans to Meet India’s Surging Steel Demand

(IN BRIEF) ArcelorMittal recently hosted an investor day at AM/NS India’s flagship steel plant in Hazira, Gujarat, to showcase its significant progress and future growth plans. AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, aims to expand its … Read the full press release

Salzgitter and Iberdrola sign long-term green energy supply contract for low-carbon steelmaking

(IN BRIEF) Salzgitter Flachstahl GmbH, a subsidiary of the Salzgitter Group, has signed a long-term power supply contract with Spanish energy producer Iberdrola Deutschland. Under the power purchase agreement (PPA), Salzgitter Flachstahl has secured 114 MW of green electricity for … Read the full press release

ArcelorMittal Brazil partners with Casa dos Ventos for 554 MW wind power project in Bahia

(IN BRIEF) ArcelorMittal Brazil has partnered with renewable energy producer Casa dos Ventos to develop a 554 MW wind power project in Bahia, Brazil. ArcelorMittal will hold a 55% stake in the joint venture, with Casa dos Ventos holding the … Read the full press release

Joint Venture von ArcelorMittal mit Nippon Steel sichert sich 5-Milliarden-Dollar-Darlehen für Expansion in Indien

(IN KÜRZE) ArcelorMittal hat bekannt gegeben, dass AMNS Luxembourg Holding S.A., die Muttergesellschaft ihres Joint Ventures zur Stahlerzeugung mit der Nippon Steel Corporation in Indien, einen Kreditvertrag über 5 Milliarden US-Dollar mit mehreren Banken, darunter der Japan Bank for International … Read the full press release

ArcelorMittal’s Joint Venture with Nippon Steel Secures $5 Billion Loan for India Expansion

(IN BRIEF) ArcelorMittal has announced that AMNS Luxembourg Holding S.A., the parent company of its steelmaking joint venture with Nippon Steel Corporation in India, has secured a $5 billion loan agreement with several banks including the Japan Bank for International … Read the full press release

JBIC Facilitates Partnership with ArcelorMittal to Support Japanese Companies in Steelmaking Industry

(IN BRIEF) ArcelorMittal and the Japan Bank for International Cooperation (JBIC) signed an MOU on March 30, 2023, to strengthen their partnership in the steelmaking industry and decarbonization efforts. This agreement builds on their existing relationship, which includes JBIC’s financing … 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

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

ArcelorMittal acquisition of 80 percent in voestalpine’s state-of-the-art HBI facility in Texas now completed

(PRESS RELEASE) LUXEMBOURG, 1-Jul-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced the completion of the acquisition of the majority shareholding (80%) of the world-class Hot Briquetted Iron (HBI) plant located in … Read the full press release

Finaliza la adquisición por parte de ArcelorMittal del 80 % de las instalaciones HBI de última generación de Voestalpine en Texas

(COMUNICADO DE PRENSA) LUXEMBOURG, 1-Jul-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), la principal siderúrgica y minera del mundo, ha anunciado la finalización de la adquisición de la participación mayoritaria (80 %) de la planta de clase mundial Hot Briquetted … Read the full press release

ArcelorMittal now majority owner of voestalpine’s world-class Hot Briquetted Iron (HBI) plant in Corpus Christi, Texas

(PRESS RELEASE) LUXEMBOURG, 14-Apr-2022 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has announced the acquisition of the majority shareholding (80%) of the world-class Hot Briquetted Iron (HBI) plant located in Corpus Christi, Texas … Read the full press release

ArcelorMittal est désormais actionnaire majoritaire de l’usine de classe mondiale Hot Briquetted Iron (HBI) de voestalpine à Corpus Christi, au Texas

(COMMUNIQUÉ DE PRESSE) LUXEMBOURG, 14-Apr-2022 — /EuropaWire/ — ArcelorMittal SA (AMS : MT), leader mondial de la sidérurgie et des mines, a annoncé l’acquisition de la participation majoritaire (80 %) de l’usine de fer briqueté à chaud (HBI) de classe mondiale située … 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

New DRI and EAF installations in Gijón to reduce carbon emissions at ArcelorMittal’s Spanish operations

New DRI and EAF installations in Gijón will reduce carbon emissions at the company’s Spanish operations by approximately 50%. The DRI installation in Gijón will also enable ArcelorMittal Sestao to be the world’s first full-scale zero carbon-emissions¹ steel plant. (PRESS … Read the full press release

Volvo Cars to source steel made from hydrogen-reduced iron from SSAB’s HYBRIT pilot plant in Luleå, Sweden

(PRESS RELEASE) STOCKHOLM, 16-Jun-2021 — /EuropaWire/ — SSAB (STO: SSAB-A), a Nordic and US-based steel company, has announced it is partnering with Volvo Cars, a Swedish luxury automobile brand, to jointly explore the development of fossil-free, high-quality steel for use … Read the full press release

SSAB, LKAB and Vattenfall lead the transformation of iron and steel industry with the establishment of HYBRIT pilot plant for fossil-free sponge iron

(PRESS RELEASE) STOCKHOLM, 24-Mar-2021 — /EuropaWire/ — SSAB, LKAB and Vattenfall announce that they are now advancing on their plan to make fossil-free steel for the global market. The partners establish the world’s first production plant for fossil-free sponge iron … Read the full press release

SSAB appoints Karl-Petter Thorwaldsson as Senior Advisor

(PRESS RELEASE) STOCKHOLM, 25-Feb-2021 — /EuropaWire/ — SSAB announces the appointment of Karl-Petter Thorwaldsson, former president of the Swedish Trade Union Confederation, LO, as Senior Advisor. The appointment will strengthen SSAB’s government relations and public affairs in Sweden and at … Read the full press release