News & Press Releases

London, June 30, 2022

A consortium composed of EIT InnoEnergy, the innovation engine for sustainable energy supported by the European Institute of Innovation & Technology, a body of the European Union (EU), Engie New Ventures, Plug, FORVIA, GROUPE IDEC through GROUPE IDEC INVEST INNOVATION and Primetals Technologies as  a partner of the consortium, today launch GravitHy – a future market leader in green steel.

London, June 09, 2022

Steel producer ArcelorMittal Nippon Steel India (AM/NS India) recently ordered a coupled Pickling Line and Tandem Cold Mill (PLTCM) from Primetals Technologies for its site in Hazira, Gujarat in the western part of India.

London, May 11, 2022

Turkish-based Tosyali Holding recently ordered a new slab caster from Primetals Technologies. Tosyali is aiming to expand in the Algerian market by implementing the slab caster together with a new hot-strip mill at its site in Bethioua, located in the north-western part of Algeria. Started in 2013, this steel plant employs 4,000 people. The company has a 70 percent share of the Algerian steel market.

London, March 01, 2022

Hoa Phat Dung Quat Steel JSC has awarded a major contract to Primetals Technologies for a new production line at the steel plant in Dung Quat, Quang Ngai province in Central Vietnam.

The steel market in Vietnam is one of the world's most expansive and dynamic. With an increase in capacity of 5.6 million metric tons per year, Hoa Phat will be able to address the rapidly increasing demand for steel products in Vietnam. The project consists of two slab casters, one hot rolling mill, modern automation systems, and comprehensive digitalization solutions. A fully integrated quality control system, intelligent digital assistants, and scheduling solutions will ensure high quality, productivity, and flexibility. The start-up is expected for 2024. This contract represents the second major order for casters and hot-strip mills received by Primetals Technologies in 2021.

London, October 21, 2021

Metalloinvest has contracted with Primetals Technologies and consortium partner Midrex Technologies, Inc. to supply the new HBI Plant (HBI-4) at Lebedinsky GOK (LGOK). The plant will be located in Gubkin, Russia, and will be designed to produce 2.08 million metric tons of HBI per year. Its modern design features will ensure reduced energy consumption and environmental impact. Investment in the construction of the plant is estimated at over USD 600 million. The project will create 375 highly qualified jobs and is expected to become operational in the first half of 2025 (first product – December 2024).