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Latest blog posts

meta  22/01/2025
Ukraine’s ArcelorMittal boosts steel output by 70% in 2024
KYIV, Jan 21 (Reuters) - Ukraine's biggest steelmaker, ArcelorMittal Kryvyi Rih, increased raw steel output by almost 70% to 1.65 million metric tons in 2024, the company said on Tuesday, though production remained far below its pre-war capacity.
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meta  23/01/2025
Anatolia’s top steel company Tosyali plans $500M acquisition in Europe
Speaking to business-focused Bloomberg HT at the World Economic Forum’s (WEF) 2025 summit in Davos, Switzerland, the chairman stated that their production capacity in steel has advanced to a point where making new investments to reach the end consumer has become necessary.
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meta  26/01/2025
British Steel opens new £26M manufacturing centre to supply forklift truck industry
The new facility also firmly establishes us as one of the world’s leading manufacturers and processors of value-added profiles for the forklift industry.
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meta  26/01/2025
SIJ Group signs agreement to build steel plant in Saudi Arabia with investments of $1.54 billion
Slovenian leading electric steelmaker SIJ Group has signed a $1.54 billion agreement to build a specialized plant in Saudi Arabia, the company’s first investment outside Slovenia.
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meta  04/02/2025
Metal Industry News
U.S. Steel has an experienced and independent board of directors with a proven track record of acting in the best interests of the company and creating value for stockholders – as evidenced by their tireless efforts over the past year to complete the company’s value-maximizing transaction with Nippon Steel
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meta  04/02/2025
Gasbarre Unveils New Manufacturing Plant in St. Marys, Pennsylvania
This facility will boost the company’s production capacity. It will also help meet the increasing demand for metal forming and thermal processing technologies.
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meta  04/02/2025
MetalHub Cluster Formation
The main goals of MetalHub are to boost cooperation among metal companies, support digitalization, and promote sustainability within the industry.
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meta  05/02/2025
UK steel industry needs to reduce electricity costs – UK Steel
Reducing electricity costs is essential for the survival and competitiveness of the UK steel industry. Without urgent reforms, high energy prices will continue to hinder investment and production, putting the sector at risk.
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meta  05/02/2025
Application of Artificial Intelligence in the Metallurgical Industry
The application of AI in the metallurgical industry positively impacts more efficient and environmentally friendly production, contributing to the overall future development of the industry.
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