Metallurgy news
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Stegra received additional funding of 37 million euros from the Swedish governmentThe Swedish Energy Agency has announced that domestic steelmaker Stegra will receive approximately €37 million from the country's Industry Leap Forward program to support the establishment of the company's fully integrated, near-zero emissions steel plant in Boden.This latest funding follows a…
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Orgalim warns that new EU steel trade measures could cause huge cost increases in processing industries.Orgalim, representing European technology industries, issued a sharp warning against the recently proposed regulation of steel trade by the European Commission, arguing that this measure would lead to a serious increase in costs for processing manufacturers. The organization said the draft…
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Emsteel signs 20-year gas supply contract to ADNOC to promote green steel and UAE industrial expansionEmsteel, the largest domestic steel producer in the United Arab Emirates, announced a long-term natural gas supply agreement with Abu Dhabi National Oil Company (ADNOC). The 20-year agreement, valued at $3.5 billion to $4.2 billion, ensures stable gas supplies from January 1, 2027, supporting…
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Swedish company Alleima is strengthening its presence in China with a new factory for the production of high-performance lampsSwedish specialty steel manufacturer Alleima has announced the expansion of its presence in the Chinese market through the opening of a new high-performance pipe manufacturing plant in Zhenjiang. This project, supported by investments of SEK 255 million (US$26.87 million), marks an important step…
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New car registrations in the EU increased by 1.4 percent in January-October 2025In October this year, the number of new passenger car registrations in the EU increased by 5.8% year-on-year to 916,609 units, according to the European Automobile Manufacturers Association ACEA.In this month, the Italian market (-0.5%) saw the only decline, while Spain (+15.9%), Germany (+7.8%)…
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Acciaierie d'Italia completes repair of converter No. 1 of metallurgical plant No. 2 in TarantoIn a statement released on Wednesday, November 26, the Italian steel company Acciaierie d'Italia (formerly Ilva) announced that converter No. 1 at steel plant No. 2 in Taranto is operational again.As previously reported by SteelOrbis, the converter was shut down on November 14 due to an…
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The alliance between POSCO and Nippon Steel has been terminatedSouth Korean steel company POSCO Holdings has decided to sell the remaining shares of Japanese steel company Nippon Steel, selling about 39.2 million shares through a package deal, according to local media reports.In September, POSCO sold half of its stake in Nippon Steel for 25.3 billion yen…
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Fuat Tosyaly: Strategic measures can enhance the competitiveness of Turkish producersIn a report by the Turkish newspaper Ekonomim, Fuat Tosyali, chairman of the Turkish company Tosyalı Holding, said that strategic protection measures are necessary for the Turkish steel industry amid the growing oversupply of the global steel market and unfair competition from China. Noting that…
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Global stainless steel production continues to growThe global volume of stainless steel production in January-September of this year increased by 3% compared to the same period last year, to 48.020 million tons from 46.623 million tons.Such data is provided in the press release of the International Organization of Stainless Steel Manufacturers (the…
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Severstal has completed major seasonal repairs of the blast furnace at CherMKThe Russian steel company Severstal has completed a comprehensive seasonal renovation of several blast furnaces at the CherMK site. According to the company, blast furnaces No. 2, 3 and 5 were restored to their design parameters in operating mode, which ensured stable and efficient production. The…
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