JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Fives has secured a major order from China’s Yongfeng Group to design and supply three annealing furnaces for a new steel production facility under construction in Linyi, Shandong Province. The furnaces will be installed across two continuous galvanizing lines and one continuous annealing line, supporting the plant’s plan to produce high-grade flat steel, including automotive sheets and advanced high-strength steels. Fives said the new vertical annealing furnaces will feature its AdvanTek combustion system for better energy efficiency, fuel flexibility and lower emissions, along with the FlashCooling rapid cooling system designed for operation with high hydrogen gas. The order marks an important technology partnership and highlights rising investment in premium steel processing capacity in China.
Also Read : Xi Jinping Reacts to Trump's Military Aggression, Boosts China's Power Goals Czech Republic Produces 2.4 Million Tons of Steel in 2025
In February 2024, Duke Energy announced plans to remove Chinese battery giant CATL's equipment from...
USA 09-Feb-2024
New guidelines for using steel slag in road construction have been announced by Dr V.K. Saraswat, Me...
Construction 02-Jul-2024
Jindal India Limited has commissioned a ₹1,500 crore downstream steel manufacturing facility in West...
India 09-Oct-2025
Apraava Energy declared that it has been successful in its bid through the Tariff-undefined Competit...
Mid Corporate 12-Feb-2024
Karnataka and Gujarat continue to lead India's transition to clean energy, integrating renewable res...
Renewables 23-Apr-2024
The Ministry of Coal issued Eastern Coalfields Limited (ECL) strategic guidance to begin an innovati...
Press Releases 24-Jun-2024