BE Group — a steel service company operating in Sweden, Finland, the Baltic States and Poland — and SSAB have announced a partnership to identify significant new demands and opportunities for fossil-free steel in key markets served by BE Group, especially in manufacturing and construction. By identifying and preparing for upcoming fossil-free opportunities, the partnership will be well positioned to meet BE Group customers’ technical, sustainability, and communication needs.
International technology group ANDRITZ has received an order from North American Stainless, Ghent, Kentucky, USA, to supply a 20-high cold-rolling mill, a 4-high skin pass mill, and an upgrade of the existing annealing and pickling line #2.
The cold-rolling mill will feature the newly developed Sundwig MonoBlock design for longer service life and reduced operating expenses.
Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that it has established a new organization called "Generative AI Center" to promote the safe and effective use of Generative AI. The Center will accelerate Hitachi's growth by maximizing the value provided to customers and improving productivity through the Lumada business.
Generative AI is artificial intelligence that can interpret a huge amount of data and generate various content such as images, texts, sounds, and program code. It is expected to generate a huge paradigm shift in the future of technology and AI.
Adaptive robotics is a field that goes one step further than collaborative robotics. It involves the development and manufacturing of robots capable of adapting to and learning from their environment, interacting with humans. In other words, adaptive robots are those with cognitive, sensing and decision-making capabilities to modify their behavior and function in response to contextual changes.
Klöckner & Co and the Salzgitter Group have entered into a partnership geared to stepping up their collaboration in the transformation process to a green steel industry. Going forward, the volume of green steel available on the markets will be significantly increased: From year-end 2025, the Salzgitter Group will be delivering CO2-reduced steel produced via the new hydrogen-based “SALCOS®” production route to Becker Stahl-Service GmbH, a subsidiary of Klöckner & Co.
Fredrik Haglund has been with Tibnor since 2008, and a member of the management team since 2016. He has led Tibnor Denmark since 2020, as well as managing Tibnor’s parts business and Tibnor Sweden logistics and production before that.
“It is very inspiring to be chosen to lead Tibnor. I look forward to, together with all Tibnor employees, continuing to deliver on our strategy and further strengthening our market position. We have a very strong set-up in all Tibnor countries and this gives a good foundation for further expansion and profitable growth,” says Fredrik Haglund.
Nucor Corporation (NYSE: NUE) announced today that it will reorganize the Company's plate group, including ceasing production at Nucor Steel Longview, LLC. All Nucor Steel Longview teammates will be offered employment opportunities at other Nucor divisions.
Purchased by Nucor in 2016 for approximately $29 million, the mill produces heavy steel plate and has a rated annual capacity of 100,000 tons. The assets at Longview will be evaluated and deployed across Nucor's mills where appropriate.
The health care group Fresenius is making good progress with its realignment. “We have worked hard in recent months. We have set fundamental things in motion. Today, Fresenius has a clear focus and a clear strategic direction,” Fresenius CEO Michael Sen said in his speech at the Company's virtual annual general meeting today. Changes cannot be expected overnight , he added. But Fresenius is making progress, he said. “Overall, we started promisingly into the new year.
