The nationalization of British Steel, the tightening of trade measures in Japan, and the start of construction of a new Hyundai-Posco plant in Louisiana in September are all reflected in the latest steelmaking capacity review prepared by members of the European Parliament.
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In the monthly report of the European Parliament on the development of the industry in recent years. Around the World is based on articles that were originally published in the July issues of the MEP's European Steel Report (,), the International Steel Report (,) and the Stainless Steel Report (,).
", "For more information about subscribing to the MEP's monthly Steel market reports, which include steel prices, market comments, and a 12-month forecast, please contact MEPS. Steel price forecasts from around the world.
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,, Voestalpine, ,
,Voestalpine has confirmed that production at the greentec steel mill in Donavica, located at the EAF base, is scheduled to begin in 2027.
,The Austrian steel producer has approved plans to further expand production by 100 million euros by 2030, subject to financing. This will increase the capacity of the plant for the production of low-CO2 steel from 850,000 tons to 1.5 million tons per year.
The expansion will result in the full electrification of the steelmaking facility in Donavica by 2029, which will allow the closure of both blast furnaces. This will reduce CO2 emissions at the facility by more than 90% compared to 2019 levels.
,, Salzgitter, ,
,Salzgitter has completed the acquisition of Duisburg slab manufacturer Hüttenwerke Krupp Mannesmann (HKM), becoming fully owned by thyssenkrupp Steel and Vallourec.
,The company plans to invest in an electric steelmaking furnace as part of long-term decarbonization efforts aimed at reducing production by 90%. In CO2 emissions. The restructuring will reduce crude steel production capacity to about two million tons per year by the end of 2028. Agreement
The HKM slab supply agreement with thyssenkrupp Steel expires four years earlier than previously planned, which is at the end of 2028.
,, Thyssenkrupp, ,
,Thyssenkrupp plans to spin off its steel distribution division tk accelis, formerly thyssenkrupp Materials Services, and list its business on the Frankfurt Stock Exchange.
The Group intends to transfer a 49% minority stake to thyssenkrupp shareholders, while retaining a controlling stake. The plan must be approved at an extraordinary general meeting scheduled for August 7, 2026.
- A rebranded division specializing in material distribution, processing, and supply chain maintenance. In fiscal year 2024-25, the revenue of the steel industry