Business News
Overview: Business News
Colakoğlu to upgrade hot strip mill
01/24/2025
Turkish steel producer Colakoğlu expand product portfolio to include wear-resistant steel grades. The company has placed an order with SMS for the modernization of the laminar cooling section and the downcoiler in its 1,850-millimeter hot strip mill.
Interview with Malte Seifert, Director Metals & Autonomous Technologies, about XPONENTIAL Europe 2025
01/23/2025
From February 18 to 20, 2025, Messe Düsseldorf will host XPONENTIAL Europe for the first time. As a global meeting point for uncrewed systems, mobility and robotics, it stands at the forefront of autonomous technologies. We spoke with Malte Seifert, Director Metals & Autonomous Technologies, about the background, challenges and opportunities of this event.
wire & Tube Mexico 2025: Increasing demand for wire and tubular products
01/22/2025
wire and Tube Mexico 2025: fully booked exhibition halls in Monterrey. Decision-makers from around the world will meet at CINTERMEX Centro Internacional de Negocios in Monterrey from 11 to 13 February 2025 to experience the latest technologies, trends and solutions from the wire, cable, tube and pipe industries.
Aluminum producer Elval modernizes cold rolling mill
01/21/2025
Greek aluminum producer Elval, which forms the aluminum rolling division of ElvalHalcor SA, has placed an order with Primetals to upgrade its drive system at a 6-high cold rolling mill in Oinofyta, some 60 kilometers north of Athens.
Trump halts funding programs for green hydrogen in the US
01/21/2025
As part of his plan to end the “Green New Deal”, on his first day in office, the new US President Donald Trump signed a document immediately halting the disbursement of funds provided under the Inflation Reduction Act and the Bipartisan Infrastructure Law under the Biden administration.
Vale and GreenIron plan direct reduction plant in Brazil
01/20/2025
Both companies to develop feasibility studies for an innovative direct reduction facility in Brazil, Vale to supply iron ore agglomerates to GreenIron’s facility in Sweden
Hydrogen research project for the decarbonization of blast furnaces
01/16/2025
Primetals is an associated partner in a research project for carbon reduction in the iron and steel industry. In the “Sequence Impulse Hydrogen” research project, a process is to be developed for blowing hydrogen into the blast furnace shaft to reduce CO2 in pig iron production.
Autonomous systems conquer the metal sector
01/14/2025
Driven by digitalisation and artificial intelligence, the metal sector faces its next innovation boost in the form of autonomous systems and drones. XPONENTIAL Europe will offer new impetus. As the leading forum for uncrewed systems and robotics in all areas of autonomous technology, XPONENTIAL Europe joins the “Bright World of Metals.”
Alunorte reduces CO2 emissions
01/13/2025
Hydro Alunorte has invested in implementing electric boilers for steam production at the alumina refinery. This will reduce CO2 emissions by up to 550,000 tonnes per year.
Sustainable copper materials for 3D printing
01/10/2025
Achieving great things with small particles: A researcher at the University of Wuppertal is developing new sustainable copper-based materials for 3D printing.