Business News
Overview: Business News
ArcelorMittal invests in thermal storage technology
08.09.2025
ArcelorMittal, the world's largest steel producer after China's Baowu Steel, is investing in Electrified Thermal Solutions through its innovation fund. The MIT spin-off has developed an electrically conductive refractory brick that stores heat at high temperatures to supply energy to industrial processes such as those in the steel industry.
Rainer Böse new CEO of ArcelorMittal Germany
04.09.2025
ArcelorMittal has appointed Rainer Böse as CEO of ArcelorMittal Germany. The 57-year-old manager will fulfil this mandate in addition to his role as CEO of the plants in Bremen and Eisenhüttenstadt.
Stahl Gerlafingen to upgrade wire rod mill
03.09.2025
The upgrade included an intelligent pinch roll and laying head utilizing electrical motors and drives, along with an automation system.
Novelis demonstrates UK´s first industrial-scale hydrogen fuel switching in the aluminium industry
02.09.2025
UK’s first hydrogen trial in aluminium recycling confirms technical feasibility and earns top global recognition for innovation in hard-to-decarbonize sectors at the IEA Hydrogen TCP Awards of Excellence 2025.
Thyssenkrupp Steel to install intelligent planning system
01.09.2025
Thyssenkrupp Steel has equipped its comprehensively modernised production network in Duisburg-Bruckhausen with an intelligent scheduling system. The new software solution promises highly efficient processes to provide high-quality products to customers.processes for high-quality products.
GMH acquires two business units of Buderus Edelstahl
29.08.2025
The GMH steel group intends to expand its rolled steel portfolio and increase its machining & heat treatment capacities.
Shandong Zhongxin orders coupled pickling line and tandem cold mill
26.08.2025
Chinese steel producer Shandong Zhongxin has ordered a coupled pickling line and tandem cold mill (PLTCM) from Primetals for its plant located in Lin Yi, Shandong province.
Is hydrogen the answer to the steel industry’s CO2 problems?
25.08.2025
Swiss Steel is driving forward an EU-funded project to switch from natural gas to clean hydrogen.
JSP to modernize plate mill
22.08.2025
Jindal Steel and Power (JSP) has tasked Primetals with supplying and implementing a comprehensive Level 1 and 2 automation system upgrade at its 5-meter plate mill in Angul, Odisha province, India. The upgrade will improve system availability and ensure a stable supply of spare parts.
Climate-friendly production using hydrogen and high temperatures
20.08.2025
Decarbonisation of the process industry: With the help of (green) hydrogen and electricity, researchers are working to make key processes in glass, brick, ceramic, and steel production climate-neutral.