steel news

Researchers from Chalmers University of Technology, Sweden, have uncovered a striking new behavior of the 'strange metal' state of high temperature superconductors. The discovery represents an important piece of the puzzle for understanding these materials, and the findings have been published in the highly prestigious journal Science.

• The companies sign contract for the construction of the world’s largest hot briquetted iron (HBI) facility with approximate investments of over USD 600 million
• Start of operations in 2025, production capacity 2.08 million metric tons
• The new plant will strengthen Metalloinvest’s leadership in the global market for HBI, the base product for low-carbon steelmaking
• The contracted plant can be converted to use up to 100% hydrogen as a reducing agent
• The contract includes provisions for engineering, supplies and advisory services

The world's largest observation wheel – the "Ain Dubai” – opens today in Dubai. With a total height of 250 meters, the structure is almost twice as tall as the London Eye and tops the previous record holder, the High Roller Ferris Wheel in Las Vegas, by over 50 meters.

• Strengthening the "Materials as a Service" strategy with investments of more than 70 million euros
• Creation of additional capacity to meet growing demand from the manufacturing industries at various locations across the US
• Set-up of a greenfield steel service center in Texas

Fluke Process Instruments, a global leader in infrared imaging and thermal profiling solutions for industrial applications, releases the latest Datapaq® Furnace Tracker System – complete with the TP6 data logger, thermal barriers and intuitive software.

• Key sustainability target achieved 20 years ahead of schedule
• First batches of C0₂-reduced steel already available from stock
• Data and digitalization crucial levers for green supply chains

In a world-first, Volvo Group reveals the first vehicle made of fossil-free steel produced by SSAB. The machine, a load carrier for use in mining and quarrying, is being unveiled at a Volvo collaboration event today in Gothenburg.

Thanks to a close relationship with ArcelorMittal Downstream Solutions Poland, Corab were introduced to the excellent properties of Magnelis® from ArcelorMittal Europe – Flat Products that create long-lasting solar farms. In solar farm applications, ArcelorMittal offers long-term guarantees on Magnelis® of up to 25 years.