Business News
Overview: Business News
Tenova joins australian research consortium on decarbonisation
17/03/2026
Metallurgical plant manufacturer Tenova has officially joined the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC), a leading research consortium dedicated to accelerating the decarbonization of heavy industry
The end of an era
16/03/2026
Commissioned in 1975, Blast Furnace No. 7 at Algoma Steel in Canada was once the largest blast furnace in the British Commonwealth. For five decades, it has supplied the steel behind critical projects and applications across North America. It is now being decommissioned.
New greenfield mini mill in Albania
12/03/2026
Turkish company Kurum Holding is investing in a new, endless casting and rolling mill for long products at its site in Elbasan, Albania.
Slags from decarbonised steel production suitable for cement
09/03/2026
New slags generated in the smelter during the production of decarbonised steel taking the direct reduction route are suitable as latent hydraulic binders in cement production – this is the result of the “SAVE CO2” research project.
Barca Metals to install new scrap processing plant
04/03/2026
Australian scrap processing company Barca Metals is installing a shredder-based recycling plant at its Razorback site.
Novelis aluminium plant in Koblenz awarded
02/03/2026
The Novelis plant in Koblenz has been awarded bronze status in the Aero Excellence Initiative launched by European aerospace associations. This milestone achievement reflects Novelis' strong commitment to operational excellence, industrial practices, and enhanced security across the aerospace supply chain, the company says.
The revamp of the hot strip mill in Linz, Austria, will deliver uniform, controlled, and metallurgically tailored strip cooling profiles across the entire strip section and length. This modernisation
28/02/2026
The revamp of the hot strip mill in Linz, Austria, will deliver uniform, controlled, and metallurgically tailored strip cooling profiles across the entire strip section and length. This modernisation enables Voestalpine Stahl to develop new, sophisticated steel grades.
Rizhao Steel to upgrade ESP lines
24/02/2026
Chinese producer Rizhao Steel installed anti-bulging systems on all its five Arvedi ESP high-speed casters. According to Primetals, this upgrade keeps the Rizhao plant—the world’s largest ESP facility with over 11 million tons of annual capacity—at the cutting edge, Primetals says.
EU steelmakers call for urgent action on energy prices
19/02/2026
Steelmakers have called on the European Commission to address the high wholesale electricity prices undermining the decarbonisation and sustainability of EU production.
ArcelorMittal to install an EAF in Dunkirk
11/02/2026
ArcelorMittal confirms the construction of an electric arc furnace (EAF) at its steelmaking site in Dunkirk – a strategic €1.3 billion investment which marks a major step in the decarbonisation of ArcelorMittal’s steel production in France.