Steel video clips - recent industry reports.
Recent Steel Industry Video News Reports.
Topical YouTube videos - world steel sector - 2024
ArcelorMittal-Nippon's massive India expansion
13 Dec 2024
ArcelorMittal/Nippon Steel joint venture, which completes 5 years of operation in India, plans to spend around ₹2.5 lakh crore to expand its steelmaking capacity to 40 million tonne (MT) by 2035 from 9MT at present. The existing plant in Hazira, Gujarat, added more land and will expand steel production to 15MT from 9MT initially, before further increasing it to 24MT.
Ironing out a Steel Action Plan for a green transition made in Europe
20 Nov 2024
The European steel industry employs over 300,000 people directly and supports millions more indirectly. As the backbone of many key industrial value chains, including clean technologies from renewables to electric vehicles, steel has been foundational to the European Union, driving prosperity, resilience, and innovation. Yet European steel's viability and leadership in breakthrough decarbonisation projects - worth billions in investments - are now under threat. Global steel overcapacity, unfair trade practices, high energy costs, and increasing carbon prices are eroding Europe's industrial competitiveness, as highlighted in the recent Draghi Report. Can the EU's renewed focus on industrial competitiveness and the proposed Steel Action Plan be the solution? What does it take to shape an actionable, timely European Steel Action Plan to address these crucial challenges?
Revival Plans For RINL
22 Oct 2024
The government is taking steps towards the revival of Rashtriya Ispat Nigam Ltd., and among the options being considered is a possible sale of stake, according to people with knowledge of the matter. RINL, also known as Vizag Steel, is wholly owned by the Government of India. The government is formulating a restructuring plan to ensure RINL's survival in the business, the people told NDTV Profit on Tuesday. The state-run entity is also in discussions with banks for a new restructuring package to enhance working capital, they added. Notably, RINL has been reeling under a financial crisis, with its debt piling up to Rs 18,000 crore.
Thyssenkrupp Steel Faces Tough Cuts Amid Restructuring
29 Sep 2024
Thyssenkrupp's steel division head has issued a stark warning to employees, preparing them for tough job cuts as the company moves forward with restructuring efforts. As the global steel industry faces significant challenges, these upcoming changes are expected to impact the workforce heavily. Get the latest details on Thyssenkrupp’s strategy and what it means for the future of the company.
Global Steel Giant Warns of ‘Severe’ Industry-Wide Crisis
14 Aug 2024
The world's top steel producer sounded the alarm about an industry crisis in China that could potentially plunge the sector into a deeper downturn.
China's Steel Giant With Hundred-Billion-Dollar Assets Collapses
13 Aug 2024
The bankruptcy of Dongling Group has surprised many, as the company was still widely regarded as a "billion-yuan private enterprise" and a member of the "Top 500 Enterprises" in China.
How steel is made in Ukraine during war
05 Jul 2024
Arcelor Mittal is a major steel producer located in the central Ukrainian city of Kryvyi Rih. After suffering losses in the first year of the invasion, the company plans to boost production this year despite constant threats of Russian attacks, power cuts and crisis of the personnel due to mobilization. The Kyiv Independent offers a rare look inside Arcelor Mittal's facilities.
Nippon-U.S. Steel deal gets foreign approvals but lacks U.S. approvals needed to move forward
31 May 2024
Nippon Steel and U.S. Steel recently announced foreign approvals for the Japanese acquisition of the American company, but security concerns persist.
Nigerian Govt To Roll Out 10-Year Development Plan For Steel Sector
09 May 2024
The federal government says it will soon roll a 10-year development plan for the steel sector, which will include the xreation of an industrial park.
Serbian President on revival of the Smederevo Steel Plant
01 May 2024
On April 29, Chinese President Xi Jinping responded to a letter from Serbian workers at the HBIS Group's Smederevo steel plant, encouraging them to make new contributions to the friendship between China and Serbia. Situated in the city of Smederevo, the mill was once Serbia's largest steel factory, with a history dating back to 1913. In its glory days, the mill was "the Pride of Serbia," supplying around 40 percent of the city's fiscal revenue and sustaining nearly a third of its residents. However, during the late 1990s, declining competitiveness and poor management pushed the plant to the verge of closure. In 2016, China's HBIS Group purchased the Smederevo Steel Mill under the Belt and Road Initiative. Serbian President Aleksandar Vucic still remembers how China lent a helping hand and transformed the plant.
Carbon Border Adjustment Mechanism - The Transitional Registry
10 Feb 2024
This webinar prepared by the European Commission presents the CBAM and the timeline for its implementation. It provides a snapshot of the IT system for CBAM reporting; and addresses questions that participants initially had.
Tata Steel confirms plans to cut jobs by closing Port Talbot blast furnaces
19 Jan 2024
Tata Steel has confirmed plans to cut 2,800 jobs across the UK, by closing down both blast furnaces at its Port Talbot plant. The firm said the move was part of its transition to greener and more sustainable steel-making operations. Unions called the move an absolute disgrace.
13 Dec 2024
ArcelorMittal/Nippon Steel joint venture, which completes 5 years of operation in India, plans to spend around ₹2.5 lakh crore to expand its steelmaking capacity to 40 million tonne (MT) by 2035 from 9MT at present. The existing plant in Hazira, Gujarat, added more land and will expand steel production to 15MT from 9MT initially, before further increasing it to 24MT.
Ironing out a Steel Action Plan for a green transition made in Europe
20 Nov 2024
The European steel industry employs over 300,000 people directly and supports millions more indirectly. As the backbone of many key industrial value chains, including clean technologies from renewables to electric vehicles, steel has been foundational to the European Union, driving prosperity, resilience, and innovation. Yet European steel's viability and leadership in breakthrough decarbonisation projects - worth billions in investments - are now under threat. Global steel overcapacity, unfair trade practices, high energy costs, and increasing carbon prices are eroding Europe's industrial competitiveness, as highlighted in the recent Draghi Report. Can the EU's renewed focus on industrial competitiveness and the proposed Steel Action Plan be the solution? What does it take to shape an actionable, timely European Steel Action Plan to address these crucial challenges?
Revival Plans For RINL
22 Oct 2024
The government is taking steps towards the revival of Rashtriya Ispat Nigam Ltd., and among the options being considered is a possible sale of stake, according to people with knowledge of the matter. RINL, also known as Vizag Steel, is wholly owned by the Government of India. The government is formulating a restructuring plan to ensure RINL's survival in the business, the people told NDTV Profit on Tuesday. The state-run entity is also in discussions with banks for a new restructuring package to enhance working capital, they added. Notably, RINL has been reeling under a financial crisis, with its debt piling up to Rs 18,000 crore.
Thyssenkrupp Steel Faces Tough Cuts Amid Restructuring
29 Sep 2024
Thyssenkrupp's steel division head has issued a stark warning to employees, preparing them for tough job cuts as the company moves forward with restructuring efforts. As the global steel industry faces significant challenges, these upcoming changes are expected to impact the workforce heavily. Get the latest details on Thyssenkrupp’s strategy and what it means for the future of the company.
Global Steel Giant Warns of ‘Severe’ Industry-Wide Crisis
14 Aug 2024
The world's top steel producer sounded the alarm about an industry crisis in China that could potentially plunge the sector into a deeper downturn.
China's Steel Giant With Hundred-Billion-Dollar Assets Collapses
13 Aug 2024
The bankruptcy of Dongling Group has surprised many, as the company was still widely regarded as a "billion-yuan private enterprise" and a member of the "Top 500 Enterprises" in China.
How steel is made in Ukraine during war
05 Jul 2024
Arcelor Mittal is a major steel producer located in the central Ukrainian city of Kryvyi Rih. After suffering losses in the first year of the invasion, the company plans to boost production this year despite constant threats of Russian attacks, power cuts and crisis of the personnel due to mobilization. The Kyiv Independent offers a rare look inside Arcelor Mittal's facilities.
Nippon-U.S. Steel deal gets foreign approvals but lacks U.S. approvals needed to move forward
31 May 2024
Nippon Steel and U.S. Steel recently announced foreign approvals for the Japanese acquisition of the American company, but security concerns persist.
Nigerian Govt To Roll Out 10-Year Development Plan For Steel Sector
09 May 2024
The federal government says it will soon roll a 10-year development plan for the steel sector, which will include the xreation of an industrial park.
Serbian President on revival of the Smederevo Steel Plant
01 May 2024
On April 29, Chinese President Xi Jinping responded to a letter from Serbian workers at the HBIS Group's Smederevo steel plant, encouraging them to make new contributions to the friendship between China and Serbia. Situated in the city of Smederevo, the mill was once Serbia's largest steel factory, with a history dating back to 1913. In its glory days, the mill was "the Pride of Serbia," supplying around 40 percent of the city's fiscal revenue and sustaining nearly a third of its residents. However, during the late 1990s, declining competitiveness and poor management pushed the plant to the verge of closure. In 2016, China's HBIS Group purchased the Smederevo Steel Mill under the Belt and Road Initiative. Serbian President Aleksandar Vucic still remembers how China lent a helping hand and transformed the plant.
Carbon Border Adjustment Mechanism - The Transitional Registry
10 Feb 2024
This webinar prepared by the European Commission presents the CBAM and the timeline for its implementation. It provides a snapshot of the IT system for CBAM reporting; and addresses questions that participants initially had.
Tata Steel confirms plans to cut jobs by closing Port Talbot blast furnaces
19 Jan 2024
Tata Steel has confirmed plans to cut 2,800 jobs across the UK, by closing down both blast furnaces at its Port Talbot plant. The firm said the move was part of its transition to greener and more sustainable steel-making operations. Unions called the move an absolute disgrace.
© 2001 -
2024 Steelonthenet.com. All rights reserved.
To contact us about these recent steel industry video film clips please email info@steelonthenet.com.
To contact us about these recent steel industry video film clips please email info@steelonthenet.com.