investment

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Fortescue approved investments of $750 million for three green projects

These are two hydrogen projects and a project in the field of green steel industry

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ArcelorMittal Poland will invest PLN 1.5 billion in 2023

The largest amount went to the modernization of the blast furnace in Dombrov-Gurnych

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Tata Steel begins construction of a new electric arc furnace in the state of Punjab

The capacity of the unit will be 750,000 tons of steel per year

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Tenova will supply an electric arc furnace for Turkiye’s Hasçelik

The company invests in increasing competitiveness in the market of high grades of steel

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Acciaierie d’Italia risks running out of gas

The default gas supply service used by ADI will expire in the near future

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Duferco launches a new rolling mill at its plant in Italy

Investments in the project amounted to €250 million

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Acciaierie d’Italia needs a strong industrial plan – Federacciai president

Decarbonization is also an urgent issue in view of the start of CBAM implementation

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EC has approved the acquisition of subsidiaries of Swiss Steel by France’s Jacquet

The sale agreement was concluded in February 2023

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Acciaierie d’Italia needs to restore liquidity

The Taranto iron and steel plant must restore a minimum level of normal operation

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US Steel provides funding for Slovakia’s decarbonisation plans

The company noted that the application for grant funding through the EU Modernization Fund was approved

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The situation at the Acciaierie d’Italia remains difficult

ADI President calls for company survival to be guaranteed, unions point out industrial plan is not being implemented

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Brazil’s steelmakers will invest $12.5 billion in the industry over the next four years

The industry is showing confidence despite adverse conditions

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