Business News
Overview: Business News
Benteler to upgrade seamless tube plant
09.04.2025
Benteler Steel/Tube, a leading manufacturer of seamless and welded tubes, has placed an order with SMS to upgrade its seamless tube mill in Paderborn-Schloss Neuhaus, Germany, with the advanced Carta neo SRM Technology System. The replacement of the existing system with state-of-the-art hardware and upgraded software is aimed at ensuring operational efficiency and high product quality
Study reveals Aluminium´s role as a frontrunner in industrial decarbonization
08.04.2025
A new study by Eunomia, commissioned by the International Aluminium Institute (IAI), has highlighted aluminium’s crucial role in industrial decarbonisation, comparing its emissions reduction pathways to steel, copper, container glass and PVC.
Jindal Stainless has granted the FAC for a new stainless steel production line
07.04.2025
Stainless steel producer Jindal Stainless (JSL) has granted the final acceptance certificate (FAC) to Primetals for a new stainless steel production line at its Jajpur, Odisha site.
FOSECO Feeder Sleeve and Filter Data integrated into ESI’s ProCAST Software
07.04.2025
FOSECO and ESI Group have announced a new cooperation.
Calderys introduces expanded product range of Fast Dry refractory solutions for improved dry-out of industrial furnaces
07.04.2025
Calderys has launched CALDE® FD (Fast Dry), a cutting-edge refractory technology designed for a wide range of industrial applications, delivering improved efficiency and reliability for all types of industrial furnaces.
GravitHy launches €60 million funding round
02.04.2025
GravitHy, a future low-carbon iron producer, announces a €60 million funding round – which includes public funds from the French programme “Première Usine”.
ArcelorMittal to install an annealing and coating line and a cold rolling mill in Calvert
01.04.2025
International technology group Andritz has received an order from ArcelorMittal Calvert to supply an annealing and coating line and a cold rolling mill for its new wholly owned, state-of-the-art electrical steel production facility in Calvert, Alabama, USA.
Hydro to build new wire rod casthouse
31.03.2025
Aluminium and renewable energy company Hydro is investing in building a new wire rod casthouse at its aluminium smelter in Karmøy, Norway. The new facility will supply aluminium for use in critical energy infrastructure in Europe and is expected to start production in 2028.
“We will be purchasing HBI the way we currently buy pellets”
28.03.2025
Austria’s voestalpine envisions the direct reduction of iron ore and the production of green hydrogen at sites with low-cost energy – outside Central Europe and not at its local plants.
Conticon increases copper rod production with new casting and rolling line
26.03.2025
With the new Contirod casting and rolling line from SMS, copper wire manufacturer Conticon is expanding its production capacity by up to 320,000 tons of ETP copper rod per year. The upgrade will reduce electricity consumption by 55 percent and natural gas consumption by 30 percent.