Latest News
Swedish Government OKs SSAB Mini-Mill
19 December 2024 - SSAB has received an environmental permit for its planned mini-mill in Luleå, allowing construction to begin, the company said Thursday.
SMS group Changes Gears with New Leadership
19 December 2024 - SMS group’s ownership, the Familie Weiss Foundation, has changed up its leadership, naming a new chair and directors.
Labor Caucus Tells Biden to “Repudiate” U. S. Steel Deal
18 December 2024 - The Congressional Labor Caucus has written to U.S. President Joe Biden, asking him to strongly repudiate Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, the Bloomberg news service reports.
Clean and Green: Electra and Interfer Sign Collaboration Agreement
17 December 2024 - Ironmaking startup Electra has signed an memorandum of understanding (MOU) with a German steel importer to collaborate on clean iron production for specialty steel.
Australian Consortium Chooses Western Australia Location for Electric Smelting Furnace
17 December 2024 - A consortium made up of Australia’s two largest iron ore miners and its largest steelmaker have selected a location for a proposed ironmaking electric smelting furnace pilot plant.
SDI Guides to Lower Q4 Earnings
17 December 2024 - Steel Dynamics Inc. (SDI) expects to see its fourth-quarter profits fall partly on account of lower average prices for its mills and an unplanned outage at its Butler, Ind., USA, facility.
SSAB Veteran to Head European Division
17 December 2024 - SSAB has promoted its European division’s head of business development to the helm of the unit.
Nucor Forecasts Q4 Earnings Decline
17 December 2024 - Nucor Corp. is cautioning that fourth-quarter earnings are expected to fall more than 80% over the same quarter last year.
Success: HKM Completes First Stage of New MES Implementation
13 December 2024 - Germany’s Huttenwerke Krupp Mannesmann has completed the first of seven go-live implementations of its new manufacturing execution software.
ANDRITZ Contracted for Austrian Galv Line Improvement
12 December 2024 - voestalpine has selected ANDRITZ to modernize the electrical and automation systems of one of its hot-dip galvanizing lines.
SSAB Secures Domestic Scrap Source
12 December 2024 - SSAB has signed a strategic cooperation agreement with Swedish recycler Stena Metall, providing for deliveries of recycled scrap metal to SSAB’s new electric arc furnace in Oxelösund.
AIST Mourns Passing of Former AISE Managing Director Lawrence G. Maloney
12 December 2024 - Lawrence “Larry” G. Maloney, an engineer who led one of the two organizations that gave rise to the Association for Iron & Steel Technology, died 16 November at the age of 94.
Bloomberg Report Says Biden Intends to Halt U. S. Steel Deal
11 December 2024 - President Joe Biden plans to follow through on a pledge to block Nippon Steel Corp.’s acquisition of United States Steel Corporation, according to a Bloomberg report.
Rio Tinto Agrees to Supply DR-Grade Pellets to GravitHy
11 December 2024 - Iron ore miner Rio Tinto has struck an agreement to supply a French ironmaking startup with high-grade, direct reduction pellets and to manage sales and marketing of the hot-briquetted iron the startup will produce.
SSAB Receives Funding for Process Conversion
11 December 2024 - SSAB has been awarded SEK1.45 billion in public funding for decarbonization efforts at its Luleå plant.
Report: Nippon Steel Shares Details on U. S. Steel Investment Plans
09 December 2024 - Seeking support from the United Steelworkers (USW) union for its acquisition of United States Steel Corporation, Nippon Steel Corp. has made new commitments as to the timing and purpose of its previously announced US$1.4 billion investment in the iconic steelmaker. United States Steel Corporation.
Research Team Makes Breakthrough in Ironmaking Technology
09 December 2024 - A Chinese research team reportedly has developed a flash ironmaking technology that can reduce ore iron within seconds rather than hours and works exceptionally well with lower-grade feedstocks.
Danieli Receives Order for Indian Bar Mill
05 December 2024 - The Steel Authority of India Ltd. has awarded a contract to Danieli for a new bar mill and reheat furnace to be built in Durgapur.
Nippon Steel Remains Confident About U.S. Steel Transaction
05 December 2024 - Nippon Steel Corp. believes it can close its acquisition of United States Steel Corporation by year’s end, in spite of opposition from President-elect Donald Trump.
Mittal: Better Policy Needed to Preserve European Steelmaking
04 December 2024 - If Europe wants to continue to produce iron and steel, then it must immediately commit to building a better policy framework, ArcelorMittal founder and executive chairman Lakshmi Mittal writes in a (London) Financial Times op-ed.
