Swedish Green Steel Firm Stegra Seeks Another $1.1 Billion in Financing

Wedoany.com Report-Oct. 14, Swedish green steel company Stegra announced on Monday that it plans to raise up to about 975 million euros ($1.1 billion) in additional financing to support the constructi...

Moravia Steel Completes Major Overhaul of No.4 Blast Furnace and Resumes Production

Wedoany.com Report-Oct. 13, Moravia Steel, the leading steel producer in the Czech Republic, has successfully completed a 42-day overhaul of the No.4 blast furnace at its Třinecké železárny plant ...

Jindal Steel Doubles Angul Steel Mill Capacity With New 5 Million Mt BF

Wedoany.com Report-Sept. 30, Jindal Steel Limited (JSL) has commissioned a new 5 million mt per year blast furnace at its Angul steel mill in Odisha, part of its $2.56 billion expansion project, the c...

China’s Tsingshan to Invest $800 Mln in Its Zimbabwe Steel Plant

Wedoany.com Report-Aug. 16, On Friday, Tsingshan Holding Group, a major Chinese nickel producer, revealed plans to invest $800 million in its central Zimbabwe steel plant, operated by Dinson Iron and ...

Rio Tinto Says No Economic Incentive for Green Steel in Australia

Wedoany.com Report-Aug. 8, Rio Tinto, a major mining company, expressed concerns about the feasibility of establishing a "green iron" sector in Australia to support decarbonization efforts in the stee...

Lincoln Electric Fully Acquires Alloy Steel

Wedoany.com Report-Aug. 6, Lincoln Electric, based in Cleveland, Ohio, USA, announced on August 6, 2025, the complete acquisition of Alloy Steel Australia and its related businesses. The financial ter...

China Needs to Cut 2025 Steel Output to Meet Decarbonisation Target, Report Says

Wedoany.com Report-Jul. 22, China aims to reduce steel production from coal-powered blast furnaces by over 90 million metric tons from 2024 levels to meet its green steel objectives this year, accordi...

NCC Partners With Ssab for Emission-Free Steel Mill in Luleå, Sweden

Wedoany.com Report-Jul. 4, NCC, a construction company, and SSAB, a steel manufacturer, have signed a partnership agreement to plan and build a new emission-free steel mill in Luleå, Sweden. The...

ARENA Announces Funding for Lower-Emissions Steel Pilot in Australia

Wedoany.com Report-Jun 22, The Australian Renewable Energy Agency (ARENA) has committed A$19.8 million (US$12.9 million) to support the NeoSmelt steel pilot project in Kwinana, Western Australia. Desc...

Arcelormittal Drops Plans for Green Steel in Germany Due to High Energy Costs

Wedoany.com Report-Jun 20, On Thursday, ArcelorMittal, the world’s second-largest steelmaker, announced it would not proceed with plans to convert its steel plants in Bremen and Eisenhuettenstad...