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Mill Upgrades & Capital Investments

New mills, mill upgrades and other projects requiring an expenditure of capital.

Latest News

LIBERTY Steel USA Refinances Debt

16 December 2022 - LIBERTY Steel USA has refinanced a term loan and raised an existing asset-based lending facility to US$150 million, moves that will provide the wire rod producer with additional liquidity, the company has announced. 

British Steel Turns to Danieli for Wire Rod Mill Improvement 

16 December 2022 - British Steel has ordered intelligent guides from Danieli Morgårdshammar Guide Systems for its 4-strand wire rod mill in Scunthorpe, England, the equipment manufacturer reports. 

U. S. Steel Starts Pig Iron Caster 

14 December 2022 - United States Steel Corporation’s US$60 million pig iron caster has produced its first batch and is beginning to ramp up, reports The Times newspaper of northwest Indiana.

Ternium Orders Push Pickling Line for Mexican Mill  

13 December 2022 - ANDRITZ has received an order for a high-end push pickling line (PPL) that will process advanced high-strength steel grades, the company has said. 

CMC Selects West Virginia for New Micro-Mill

08 December 2022 - Commercial Metals Co. will build its fourth micro-mill in Berkeley County, W.Va., USA, the long products maker said on Thursday. 

Cleveland-Cliffs Signs for 180 MW of Wind Power, Advances Carbon Capture Project

07 December 2022 - Cleveland-Cliffs Inc. will buy 180 megawatts of wind energy under a long-term agreement and is developing a large-scale carbon capture project, the company announced on Wednesday. 

Systems Spray-Cooled Lands Order for Micro-Mill Furnace Components 

07 December 2022 - Electric arc furnace (EAF) cooling specialist Systems Spray-Cooled has received an order from Nucor Corp. for components that will serve the steelmaker’s planned Lexington, N.C., USA, micro-mill. 

Japanese Steelmakers Consider Increasing Electrical Steel Investment

07 December 2022 - Nippon Steel Corp. and JFE Steel Corp. are eying additional investments in electrical steels as demand for electric vehicles increases, according to the Bloomberg news service. 

POSCO Lays Green Bet on Australia  

05 December 2022 - South Korea’s largest steel producer plans to invest US$40 billion in hydrogen, direct reduced iron and green steel production in Australia over the next 15 years, reports commodities news and pricing service Argus. 

Saarstahl Prepares to Move Ahead on DRI, EAF Conversion

05 December 2022 - Saarstahl AG leaders are greenlighting a EUR3.5 billion plan to build two electric arc furnaces (EAFs) and a direct reduction plant at sites in Germany, the company has said. 

Omani Steelmaker Looks to Build Green Mill 

05 December 2022 - Oman’s Jindal Shadeed Group has announced plans to build a 5-million-ton green steel plant at the country’s Port of Duqm, reports the English-language Arab News newspaper. 

Danieli Lands Order for Nucor EAF

29 November 2022 - Nucor Corp. has contracted Danieli to install a new electric arc furnace (EAF) at the steelmaker’s Kingman, Ariz., USA, bar mill, the plant builder has announced. 

Rio Tinto Steps Up Testing of New Low-Carbon Ironmaking Process

23 November 2022 - Iron ore miner Rio Tinto will build a large-scale pilot plant to further test its promising low-carbon ironmaking process, the company has announced. 

KOCKS Lands Order for Bar Mill Reducing, Sizing Block

23 November 2022 - India’s Tata Steel Long Products Ltd. has contracted rolling mill sizing specialist Friedrich KOCKS GmbH & Co. KG for a reducing and sizing block that will serve the steelmaker’s new rolling mill complex in Jamshedpur. 

Danieli Lands Order for Bar Spooling Line

22 November 2022 - Italy’s Pittini Group has contracted Danieli for a spooled bar line to be installed at its Potenza bar mill. 

Primetals Technologies Reports First Coil on Upgraded PLTCM

17 November 2022 - China’s Valin ArcelorMittal Automotive Steel has produced the first coil on an upgraded tandem cold mill in Loudi, Hunan province, reports project contractor Primetals Technologies. 

Gerdau Gives Final OK to Furnace Modernization Project 

11 November 2022 - Gerdau has issued the final acceptance certificate on an electric arc furnace (EAF) modernization at its Monroe, Mich., USA, special steel plant, reports project contractor Primetals Technologies. 

Salzgitter Throttles Up New Galvanizing Line

10 November 2022 - German steelmaker Salzgitter has begun ramping up its new No. 3 hot-dip galvanizing line, a EUR200 million investment meant to help strengthen its position as a supplier of premium sheet to auto and appliance manufacturers.

Algoma Reports Progress on EAF Installation

09 November 2022 - Algoma Steel’s transformative electric arc furnace (EAF) installation remains on track, despite a number of operational setbacks elsewhere that dampened the company’s fiscal second-quarter results. 

Former Big River Chief Executive Brings Another Mill Project to Arkansas

01 November 2022 - Steel executive Dave Stickler, whose investment firm helped start Big River Steel, is launching a new, US$500 million mini-mill project in Arkansas, he revealed on Tuesday.