HBI/hot briquetted iron
SSAB secures funding for EAF conversion project
The steel producer will use the $500 million to go toward its electric arc furnace technology installation in Luleå, Sweden.
More in HBI/hot briquetted iron
RMDAS tracking shows $40 ferrous price drops in May
Mills in the United States have been able to buy recycled steel for up to $50 per ton less in May compared with April.
Japanese scrap can feed its EAF sector, study finds
An analysis by think tank Transition Asia says a lack of recycled steel should not serve as “a barrier to the transition” to adopt electric arc furnace technology in Japan.
Hyundai says it will make steel in the US
At a press event with President Donald Trump, the South Korean conglomerate says $21 billion in U.S. investments will include a new steel mill.
Newsworthy
Recent news from the various sectors of the recycling industry from our March 2025 issue.
ArcelorMittal selects Alabama for electrical steel plant
The company will expand its campus in Calvert, Alabama, to make 150,000 metric tons per year of nongrain-oriented electrical steel.
Newsworthy
Recent news from the various sectors of the recycling industry from our January 2025 issue.
SSAB, Stena Metall reach supply agreement
Stena will supply recycled steel from one of its Swedish facilities to the under-construction SSAB electric arc furnace mill in Oxelösund, Sweden.
SSAB calls for decarbonization unity
Europe-based steelmaker will use COP29 gathering to urge global carbon pricing mechanisms as one means of lowering the metal’s carbon footprint.
ArcelorMittal to buy Nippon Steel’s Alabama mill stake
The buyout of Nippon Steel’s stake in the Calvert, Alabama, mill pertains to the Japanese company’s intended acquisition of U.S. Steel.
The Russian dilemma
Russia’s metals recycling industry is deteriorating under quotas for ferrous exports and domestic mills’ reluctance to use scrap.
