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Adven and Outokumpu together invest SEK 50 million in technology that utilizes heat from the annealing furnaces in the cold rolling mill, heat that was previously cooled off and lost.
Steel production plays a pivotal role in India’s economy. In 2023 alone, India produced over 140 million tons of crude steel [1], contributing significantly to both domestic infrastructure and exports, and positioning itself as the world’s second-largest steel producer. The sector drives substantial global revenue, with steel exports exceeding 7.5 million tons [2], also in 2023, contributing about 2% to India’s GDP, and enhancing its global competitiveness. At the heart of this industry is the city of Jamshedpur, known as the “Steel City,” which was established by the founder of Tata Steel over a century ago and continues to serve as a major hub for the nation’s steel production.
Empire Offshore Wind LLC (Empire), a subsidiary of Equinor ASA, has been informed by the Department of the Interior’s Bureau of Ocean Energy Management that the stop work order has been lifted for the Empire Wind project, allowing construction activities to resume.
Nippon Steel Corporation and 16 organizations have jointly established the social collaboration program, Materials for Future Energy Infrastructure Trust (MEIT), to scientifically elucidate and standardize the material reliability of energy infrastructure supporting a carbon-neutral society.
Hydnum Steel and thyssenkrupp Materials Processing Europe are joining forces to promote the transition to a decarbonized steel industry.
ArcelorMittal’s largest renewable energy venture, a 1GW solar and wind project located in Andhra Pradesh, southern India, started providing clean electricity to AM/NS India, ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel.
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