News & Press Releases

Kyiv, July 14, 2021

Today, during the first International Decarbonisation Forum held in Kyiv, Metinvest, the international vertically integrated group of steel and mining companies (hereunder “Metinvest” or “the Group”), signed a memorandum of understanding (MoU) with Primetals Technologies, an international pioneer in the fields of engineering, plant building and lifecycle services for the metals industry.

London, July 06, 2021

In June, Chinese steel producer Guilin Pinggang Iron and Steel Co., Ltd. (Guilin Pinggang) issued the final acceptance certificate (FAC) for an EAF Quantum electric arc furnace with a tapping weight of 120 metric tons and a 120 metric ton twin ladle furnace supplied by Primetals Technologies. The furnaces were set up in a new production facility in Pingle near Guilin in Guangxi Province, which is intended to serve the growing market for rebars. The EAF Quantum is designed to handle scrap steel of varying composition and quality. The electrical energy requirement of the electric arc furnace is extremely low because the scrap is preheated.

London, July 01, 2021

The Hyper UC-mill supplied by Primetals Technologies (Primetals Technologies Ltd.) produced the first coil at Ho Chi Minh steel mill of Maruichi Sun Steel Joint Stock Company (SUNSCO). This is the first Hyper UC-mill in Vietnam, and by adopting the smaller diameter work roll drive with MH Spindle that withstands high load, it can reduce rolling loads while maintaining the high shape control capability of the UC-mill. The purpose of this project is to accommodate the growing demand for thinner cold rolled materials. This new light-duty Hyper UC-mill enables to reduce investment and maintenance costs. SUNSCO will build a stable position in the growing market for thinner cold rolled materials.

London, June 24, 2021

In April, the Hydrogen-based fine-ore reduction (HYFOR) pilot plant developed by Primetals Technologies was commissioned at the voestalpine site in Donawitz, Austria. First tests were successful. Test with various iron ore concentrates will continue to collect a sound data basis. Use of 100% Hydrogen as reduction agent reduces the CO2 footprint close to zero. The HYFOR pilot plant employs the world´s first direct reduction process for iron ore fines concentrates from ore beneficiation, not requiring any agglomeration like sintering or pelletizing. This reduces CAPEX and OPEX costs. HYFOR represents the only process worldwide capable of processing iron ore concentrate fines with 100% particle sizes smaller than 0.15 mm, and a wide variety of ores, e.g. hematite and magnetite, supplied by different customers of Primetals Technologies worldwide. The direct reduction plant will come in a modular design, allowing for a tailor-made scaling for customers for all sizes of steel plants.

London, June 17, 2021

In March 2021, Tangshan Heavy Plate issued Primetals Technologies with the final acceptance certificate (FAC) for three Mold Expert systems for the continuous casters at the Laoting plant in the Tangshan region of China. The new systems have been installed to increase efficiency even more in the prevention of breakouts on the continuous casters and cut the amount of maintenance work. Reducing the frequency of breakouts will also help to lower production costs. Primetals Technologies China commissioned the new systems on site with online support from experts at Primetals Technologies Austria. Despite travel restrictions, the project was realized within just three months. Before the order was placed, Primetals Technologies ran and supported a six-month test installation on one of the casters.