• Cooperation agreement signed in April 2021
• Strengthens Primetals Technologies worldwide offering for pelletizing and beneficiation plants

• Casting-rolling plant produces high-quality, ultra-thin strip to enter new market segments
• Rolling of reproducible strip thicknesses down to 0.7 mm
• Start-up 17 months after contract in force and 6 months after erection start
• First plate and first coil milestones achieved 3 weeks ahead of schedule
• First coil and first endless strip produced at the same time – new record

Danieli Service Center in Coraopolis, Pennsylvania, USA delivered to Nucor Steel Gallatin a fully refurbished original F2 rolling mill stand pinion gearbox, part of the six-stand hot-strip finishing mill.

Stelco signs MoU with Primobius to construct a plant for extraction and recycling of Li-Ion battery metals

Primobius GmbH is a 50:50 joint venture company owned by Neometals Ltd., Australia, and SMS group to commercialize an environmentally friendly recycling solution for end-of-life and scrap lithium-ion battery (LiB) cells. Primobius has now signed a memorandum of understanding (MoU) with Stelco Inc., Canada, a wholly-owned subsidiary of Stelco Holdings Inc., a Toronto Stock Exchange (“TSX”) listed steel manufacturing company headquartered in Hamilton, Ontario.

• Will provide maintenance service to HBIS Wusteel for three plate steel casters
• Duration of initial term is ten years
• Services will increase equipment lifetime and improve product quality

• Replacement of obsolete cycloconverter drives will ensure availability of plate mill
• Cost-optimized solution with new VarioVerter cycloconverter control and continued use of existing power units
• Optional retrofitting capability of cycloconverter drive control enables plate mill to be operated with DC motor in the event of an emergency