Latest news

First carbon free steel recycling plant
2023-03-24, Raw Material News, Europe
Kuusakoski plans to invest EUR 25 million in building a steel recycling plant that will operate 100% carbon free. New steel recycling plant is being built close to Outokumpu’s Tornio mill. Read more ...
Production in construction up by 3.5% in the EU
2023-03-24, End User News, Europe
In January 2023 compared with December 2022, seasonally adjusted production in the construction sector increased by 3.9% in the euro area and by 3.5% the EU, according to Eurostat. Read more ...
Cooperation for the geothermal energy in Colombia
2023-03-24, Producer News, End User News, America
Baker Hughes, Ecopetrol and the hydroelectric power plant CHEC will cooperate to implement a geothermal power generation project in Colombia. Read more ...
EU car registrations increased in February
2023-03-23, End User News, Europe
In February 2023, the EU passenger car market continued to perform well, growing by 11.5% to 802,763 units, according to ACEA. Read more ...
Schoeller invests in competitiveness
2023-03-23, Producer News, Europe
Schoeller will invest three-digit million euros in Hellenthal over the next 10 years to optimize factory structure and increase productivity on core competencies such as welding, drawing and cutting. Read more ...
Africa and Europe to cooperate in Green Hydrogen
2023-03-23, End User News, Global
Africa's announced electrolyzer pipeline capacity has increased and EU Green Industrial Plan seeks to promote renewable energy and green hydrogen projects across Africa. Read more ...
Japan's Aichi Steel expands sts capacities on growing demand
2023-03-23, Producer News, Asia
Japanese steel manufacturer Aichi Steel will increase stainless steel production capacity to meet growing demand. Read more ...
BMW expects 15% EV share in 2023
2023-03-23, End User News, Global
In 2022, BMW Group more than doubled its BEV sales to over 215 thousand units, delivered more fully-electric vehicles than its direct European competitors. Read more ...
Alleima inaugurates a new facility in India
2023-03-23, , India
Alleima inagurated a new Hydraulic and Instrumentation tubing factory, at its Mehsana Mill in Gujarat, western India. Read more ...
Kloeckner puts electric truck into operation
2023-03-23, End User News, Distributor News, Europe
Kloeckner Metals is commissioning its first electric truck in Germany to the company's own logistics fleet at its Würzburg location. Read more ...
Benteler secures CO2-reduced steel from thyssenkrupp
2023-03-23, Producer News, End User News, Europe
Benteler Automotive has secured a long-term supply of climate-friendly bluemint® Steel from thyssenkrupp for the production of vehicle components. Read more ...
fischer group to install windmills
2023-03-23, Producer News, Europe
fischer group is planning to install two windmills close to its headquarter in Achern. It is not only to secure fossil-free electricity but also as a step towards its own hydrogen production on site. Read more ...
Outokumpu and Fortum to explore new nuclear technology for decarbonization
2023-03-23, Producer News, Europe
Outokumpu and Fortum to explore new nuclear technology for decarbonization Read more ...
voestalpine's board approves EUR 1.5 billion for green transformation
2023-03-23, Producer News, Europe
A year after the Supervisory Board of voestalpine approved the preliminary work for climate-friendly steel production in Austria, the project reached an advanced stage. Read more ...
OSTP discloses product CO2 data, plans to offer carbon offsets soon
2023-03-23, Producer News, Europe
OSTP, a Nordic specialist in welded stainless steel tubular products, pioneered displaying CO2 emission data in its segment. Read more ...
[Update] Alloy Surcharge Forecast: Apr and May 2023
2023-03-22, Price News, Global
Alloy surcharge forecast of Europe stainless steel flat products (grades 304L, 316L, 430) Read more ...
What will European sts market get from Net Zero Industry Act?
2023-03-22, Producer News, End User News, Market News, Europe
The European Union had finally tabled its response to the widely discussed US Inflation Reduction Act (IRA), joining the global clean tech subsidy race. What does it mean for the sts industry? Read more ...
STS Pipes for the World Water Day
2023-03-22, End User News, Global
World Water Day celebrates water and raises awareness for the sustainable management of freshwater resources. Stainless steel pipes has a major role to fight with the global water leakages. Read more ...
LME postpones return to Asian hours nickel trading following invalidation of warrants
2023-03-20, Raw Material News, Global
The London Metal Exchange (LME) has been closely monitoring reports of cargo irregularities in the broader physical nickel market, especially those that may affect the LME. Read more ...
Safeguards Report Q1/2023, week 12
2023-03-20, Market News, Europe
Taiwan reaches full exhaustion of the quota in “STS Cold Rolled Coils” Read more ...