Steel News

Finnish Government Takes Over Control of SSAB Shares

15 September 2021 - The government of Finland on Tuesday announced it will be taking direct control over shares in the Swedish steel producer in a move toward carbon neutrality.

NLMK Increases Capacity for Electrical Steels

14 September 2021 - The Russian steelmaker announced that it has commissioned a laser treatment unit for grain-oriented electrical steel, making it NLMK’s fourth such production line.

Liberty Steel Invests in New Pipe Coating Line

09 September 2021 - The company announced Wednesday that they are investing US$7.4 million in a coating line for pipes produced by its specialist unit in Galati, Romania.

World’s Largest Steelmaker Signs MoU for Possible Plate Mill JV in Saudi Arabia

09 September 2021 - Chinese steel giant Baoshan Iron & Steel Co. (Baosteel) has joined forces with the world’s largest oil-producing company to pursue development of a steel plate mill in Saudi Arabia, reports the Reuters news service.

German Government to Provide Funding for ArcelorMittal’s Green Steel Plant

08 September 2021 - ArcelorMittal announced on Tuesday that the German government will be providing EUR55 million for Germany’s first industrial-scale hydrogen-based direct reduced iron plant.

AM/NS India Commissions Its Second 6-Million-Metric-Ton Pellet Plant

07 September 2021 - In a press release, the ArcelorMittal–Nippon Steel joint venture announced the commissioning of a second pellet plant at Paradeep, Odisha, which will double the capacity at the complex to 12 million metric tons.

Emirates Steel Contracts Tata Consulting Engineers for HRC Plant

02 September 2021 - Tata Consulting Engineers Ltd. will serve as general designer for Emirates Steel’s new, fully automated hot-rolled coil (HRC) plant in the Middle East North Africa (MENA) region, according to a statement from Emirates Steel.

Majestic Steel to Build Service Center on Nucor Steel–Arkansas Campus

31 August 2021 - Majestic Steel USA Inc. announced yesterday that it will build a 515,000-square-foot service center and processing facility on the campus of Nucor Steel–Arkansas.

Tenova Wins Order for Thin Plate Quench Line for WISCO

31 August 2021 - Wuhan Iron & Steel Co. Ltd. (WISCO) has contracted Tenova LOI Thermprocess to install a continuous quench line for thin plate, the equipment supplier reports.

Danieli Corus Awarded Projects at ArcelorMittal Temirtau

30 August 2021 - The equipment supplier reports it has been tapped to implement new projects at ArcelorMittal’s steel plant in Kazakhstan.

Primetals Technologies Tapped to Supply Bar Rolling Mill in Pakistan

30 August 2021 - According to the equipment supplier, Pak Steel has ordered a bar rolling mill at a site in the Hattar Special Economic Zone (HSEZ), in Khyber Pakhthunkwa province, Pakistan.

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.