Mill Upgrades & Capital Investments
New mills, mill upgrades and other projects requiring an expenditure of capital.
Latest News
British Steel Unveils Its Single-Largest Investment in More Than 30 Years
26 August 2021 - Yesterday the steelmaker announced a £100 million investment by Jingye Group, which includes a £26 million project for new downstream processing facilities at its Skinningrove site.
Cleveland-Cliffs’ Next Big Moves: Scrap, Electrical Steel
26 August 2021 - Cleveland-Cliffs Inc. is preparing to enter the steel scrap business and plans to modernize its electrical steel plant in Pennsylvania, chairman and chief executive Lourenco Goncalves said on Monday.
Algoma Closes in on EAF Investment Decision
24 August 2021 - Integrated steelmaker Algoma Inc. is nearing a final investment decision on its proposed transition to electric steelmaking, the company’s chief executive has said.
Tata Steel Commissions New Steel Recycling Plant
20 August 2021 - The Indian steel producer has commissioned a new 0.5-million-metric-tons-per-year steel recycling plant at Rohtak, Haryana.
Nearing First Heats on New EAF, North Star Eyes HSM Improvements
19 August 2021 - U.S.-based North Star BlueScope Steel said it is laying plans for a potential AU$100 million (approximately US$71.6 million) project to lift its hot strip mill capacity.
BlueScope Steel Sets Carbon Net-Zero Goal
18 August 2021 - Australia’s BlueScope Steel will allocate AU$150 million to near-term environmental goals and will work toward achieving net-zero carbon emissions by 2050, the company has said.
Gerdau Boasts Best Quarterly Earnings Ever, Announces Brazilian Solar JV
04 August 2021 - Gerdau posted its highest-ever earnings in the second quarter of 2021, the company has announced.
Tenova Starts Up Two Walking Beam Furnaces at Ternium Pesquería
04 August 2021 - Two new walking beam furnaces (WBFs) were successfully started up at the new Ternium hot strip mill facility in Pesquería, Mexico.
SDI Has Heart Set on US$231 Million Expansion to Indiana Facility
03 August 2021 - Steel Dynamics Inc. (SDI) is seeking to pump US$231 million into improvements to its Heartland operations in Terre Haute, Ind., USA, reports the Tribune-Star newspaper.
Cleveland-Cliffs Completes Major Share Buyback; Announces Indiana Harbor BF Maintenance Outage
29 July 2021 - Cleveland-Cliffs Inc. has spent US$1.2 billion to buy back all of the shares in a special class of stock held by ArcelorMittal.
ArcelorMittal Reveals New Carbon Reduction Targets
29 July 2021 - ArcelorMittal plans to invest US$10 billion to accelerate plans for driving down carbon dioxide emissions.
Danieli Sets to Work on U.S.-Bound Rail Rolling Line
28 July 2021 - Mill equipment maker Danieli said it has begun building the machinery for EVRAZ North America’s new long-rail mill in Colorado.
ANDRITZ Lands Order for Galvanizing Line Furnace
27 July 2021 - ANDRITZ has received an order from China-based Valin ArcelorMittal Automotive Steel Co. Ltd. for a furnace that will serve a new galvanizing line.
New Cold Mill Hits Production, Performance Benchmarks
23 July 2021 - A Danieli-built cold mill has exited ramp-up after achieving sustained production and performance, benchmarks, the equipment manufacturer reports.
Bad Weather Delays SDI Mill Construction
21 July 2021 - Heavy rains and flooding in southeastern Texas have forced Steel Dynamics Inc. (SDI) to delay the planned start of steelmaking at its new flat-rolled mill.
EVRAZ Marks Start of Work on Colorado Mill
20 July 2021 - EVRAZ North America has broken ground on its new long rail mill in Pueblo, Colo., marking the start of construction on its US$480 million investment.
SDI Posts Another Record Quarter: 'We Can't Make Enough Steel'
20 July 2021 - Steel Dynamics Inc. posted a record second quarter on Monday and said it potentially could do even better in the three months ahead.
Indian Mills Select Danieli Service for Caster Updates
19 July 2021 - Two Indian steel producers have contracted Danieli Service to upgrade and provide spare parts for their slab casters.
ArcelorMittal Announces Plans for Spanish Hydrogen DRI Plant
13 July 2021 - With support from the Spanish government, ArcelorMittal is investing EUR1 billion in a hydrogen-fueled direct reduction plant and will set up what it called the world’s first full-scale steel mill that emits no carbon dioxide into the atmosphere.
Russian Mill Puts Danieli Rolling Stands on Order
13 July 2021 - Russia’s Abinsk Electric Steel Works has ordered two replacement rolling mill stands from Danieli, the equipment manufacturer has announced.
