Business News
Overview: Business News
Angang expands product portfolio by upgrading heavy plate rolling mill
30.04.2025
Chinese steel producer Angang has commissioned Primetals to upgrade the automation of its heavy plate mill in Bayuquan. Following the upgrade of the Level 1 and Level 2 automation in the 3.8-metre heavy plate mill, new process models will improve flatness and profile quality and enable plate thicknesses of up to five millimetres.
AM/NS Calvert to upgrade high-capacity hot strip mill
29.04.2025
The efficiency of the seven-stand high-performance hot strip mill is to be significantly increased by an automation upgrade. A new new automation system and latest network technology improve data communication, increase control speed, and optimize diagnostic capabilities.
Tata Steel and Oman Nederland look to establish green hydrogen supply shain
28.04.2025
Tata Steel Nederland wants to establish what it claims to be the world's first import corridor for liquid hydrogen with three countries and several companies. The green hydrogen produced in Oman will supply customers in Germany and the Netherlands.
Huge demand for wire, cables, tubes and pipes in Saudi Arabia
24.04.2025
Saudi Arabia is a country with about 34.4 million inhabitants whose economy, according the OECD, is poised for substantial growth with a GDP projected to increase from 1.2% in 2024 to 3.8% in 2025. In this context, the country’s transformation program Vision 2030 plays an important role aiming to diversify its economy and to reduce its dependence on oil.
Hydro and Wilson launch energy efficient transport solution
23.04.2025
Norwegian Hydro and shipping company Wilson ASA chart a new course for energy efficient logistics operations with "Wilson Eyde." The new vessel will use wind assisted propulsion to transport pitch used by Hydro in the production of primary aluminium.
Tenova teams up with Coolbrook for climate-friendly steel production
22.04.2025
The two companies have announced a strategic partnership to electrify high-temperature metal production using RDH technology. The collaboration aims to replace fossil fuel-based process heat in high-temperature processes in the metal industries.
Jindal United Steel to upgrade hot strip mill
17.04.2025
Indian Steel company Jindal United Steel, a part of Jindal Stainless, has awarded Primetals a contract for the comprehensive upgrade of its hot-strip mill, which produces both plates and coils, at the Jajpur facility in Odisha, India. The project is intended to enhance both production capacity and product quality for plate manufacturing.
Newcleo and Danieli to explore nuclear powered green steel production
15.04.2025
Memorandum of understanding defined to explore integration of Newcleo LFR technology with Danieli Green Steel technology and plants.
Voestalpine to implement hydrogen-based ironmaking plant
14.04.2025
The industrial-scale prototype plant to be implemented in Linz, Austria, is to produce pig iron and pig iron briquettes by means of hydrogen-based fine ore reduction using the HYFOR process. The hydrogen-based direct reduction plant for fine ores will be coupled directly to the smelter for the first time.
Steel casting with TRIP/TWIP effect paves the way for safer and more sustainable components
11.04.2025
Fraunhofer IWU and the TU Bergakademie Freiberg have achieved a breakthrough in steel casting technology. Their development of a cold-formable, copper-alloyed austenitic steel cast with TRIP/TWIP properties marks a milestone in material science. It also opens up entirely new perspectives for safety-critical applications.