euro news
07/10/2024
German steel company Thyssenkrupp may rethink plans for green steel
Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of softening.
hellenicshippingnews
23/10/2024
Iron ore retreats as mounting concerns on weakening steel demand weigh
Thyssenkrupp is revisiting its ambitious plan to produce green steel at its Duisburg site due to escalating costs. The German government has spent billions of Euros subsidising the project.
PTI
Oct 21, 2024
Tata Steel UK signs contract for electric furnace in green steelmaking drive
Tata Steel has partnered with Italy's Tenova to install a state-of-the-art electric arc furnace at its Port Talbot site in Wales, aimed at reducing carbon emissions by 90% annually by 2027. This follows a £1.25 billion investment agreement with the UK government, enabling significant decarbonisation and economic growth in South Wales.
ET Online
Oct 18, 2024
JSW Steel and JFE Steel to acquire 100% stake in thyssenkrupp Electrical Steel India
JSW Steel has obtained approval to acquire a full equity stake in thyssenkrupp Electrical Steel India via a joint venture with JFE Steel of Japan. The transaction aims to bolster JSW's presence in the electrical steel market, supporting industries such as renewable energy and electric vehicles. This strategic move signifies a focus on sustainability and innovation.
euro news
07/10/2024
German steel company Thyssenkrupp may rethink plans for green steel
Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of softening.
hellenicshippingnews
23/10/2024
Iron ore retreats as mounting concerns on weakening steel demand weigh
Thyssenkrupp is revisiting its ambitious plan to produce green steel at its Duisburg site due to escalating costs. The German government has spent billions of Euros subsidising the project.
PTI
Oct 21, 2024
Tata Steel UK signs contract for electric furnace in green steelmaking drive
Tata Steel has partnered with Italy's Tenova to install a state-of-the-art electric arc furnace at its Port Talbot site in Wales, aimed at reducing carbon emissions by 90% annually by 2027. This follows a £1.25 billion investment agreement with the UK government, enabling significant decarbonisation and economic growth in South Wales.
ET Online
Oct 18, 2024
JSW Steel and JFE Steel to acquire 100% stake in thyssenkrupp Electrical Steel India
JSW Steel has obtained approval to acquire a full equity stake in thyssenkrupp Electrical Steel India via a joint venture with JFE Steel of Japan. The transaction aims to bolster JSW's presence in the electrical steel market, supporting industries such as renewable energy and electric vehicles. This strategic move signifies a focus on sustainability and innovation.
euro news
07/10/2024
German steel company Thyssenkrupp may rethink plans for green steel
Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of softening.
