Steel News

SSAB, Scania Sign LOI on Low-CO2 Steel

14 November 2023 - SSAB has signed letter of intent with a major customer to decarbonize steel deliveries in 2030, the company has announced.

Shifting Steel Demand Prompts Steel Tube Institute to Refocus

14 November 2023 - The Steel Tube Institute, a trade group representing North American pipe and tube producers, is shifting its priorities to reflect current commercial construction trends.

Outokumpu Takes Position in Biocarbon Producer

13 November 2023 - Stainless steel producer Outokumpu has acquired a 20% stake in a biocarbon producer, a move that locks up a supply of the material.

Nucor Announces 2050 Net-Zero Goal

13 November 2023 - Nucor Corp. has set a goal to achieve net-zero emissions target for 2050 under the Global Steel Climate Council’s Steel Climate Standard.

JSW Steel USA Rail Project Secures US$500K Grant

13 November 2023 - JSW Steel USA has been awarded a US$500,000 grant that will help cover costs of two rail projects at its Mingo Junction, Ohio, facility.

Danieli Contracted for Wire Rod Mill Build

09 November 2023 - Danieli has won an order for a new wire rod line that will serve an Italian long products mill.

PT Krakatau Steel Contracts SMS group for HSM Overhaul

09 November 2023 - Indonesian steel producer PT Krakatau Steel has signed SMS group to modernize the No. 1 hot strip mill in Cilegon, Banten.

Primetals Technologies Reveals World’s First 3-Strand Slab Caster

08 November 2023 - China’s Tangshan Donghua Iron and Steel has started up a 3-strand continuous slab caster at a mill in Tangshan, Hebei province, marking a world first, according to the caster’s builder, Primetals Technologies.

Outokumpu to Reorganize German Operation

08 November 2023 - Stainless producer Outokumpu is restructuring its Germany operation, impacting approximately 200 jobs.

British Steel Announces EAF Conversion

07 November 2023 - British Steel has unveiled a GBP1.25 billion plan to decarbonize its steelmaking process by converting to electric arc furnace (EAF) steelmaking.

SSAB Calls Off Development of Hydrogen Reduction Plant

03 November 2023 - SSAB and Finnish energy company Fortum are dropping plans for a hydrogen-reduced sponge iron plant in Raahe, Finland, the steelmaker has said.

Sandvik Secures Green Steel Supply for Mine Hauling Equipment

03 November 2023 - Mining equipment maker Sandvik AB has signed SSAB to supply fossil-fuel-free steel for its loaders and trucks, according to an announcement.

It's All Coming Together: Algoma Steel Links Skeleton of EAF Building

02 November 2023 - Algoma Steel’s electric arc furnace (EAF) installation has reached a new construction milestone as the company has put in place the last of four crane girders, according to a regional business publication.

H2 Green Steel, Porsche Sign Supply Agreement

31 October 2023 - Steel startup H2 Green Steel has signed an agreement with Porsche AG to supply the automaker with CO2-reduced steel.

thyssenkrupp Starts New Cold Rolling Mill

31 October 2023 - thyssenkrupp has rolled the first coil on its Primetals Technologies-built 2-stand reversing cold mill, a centerpiece production unit that will help it meet demand for silicon steel.

U. S. Steel Unveils Electric Locomotives at Two Pennsylvania Facilities

30 October 2023 - Taking a step toward meeting its sustainability goals, United States Steel Corporation has converted two diesel switcher locomotives to battery-operated locomotives, the steelmaker said Monday.

Essar Group Laying Plans for US$4 Billion Mill in Saudi Arabia

30 October 2023 - India’s Essar Group plans to invest US$4 billion in a low-CO2 steel plant in Saudi Arabia, reports the Bloomberg news service.

ArcelorMittal Plant Signs MOU for Green Hydrogen Pilot Facility

30 October 2023 - ArcelorMittal Tubarão and electric utility EDP will explore the potential for a green hydrogen pilot plant under a newly signed memorandum of understanding, EDP has announced.

Portuguese Mill Taps Danieli Service for Pickling Line Project

30 October 2023 - Brazil’s CSN Group has contracted Danieli Service to upgrade a pickling line payoff reel at its Lusosider Aços Planos S.A. mill in Portugal.

U. S. Steel Remains Tight-Lipped on Sales Process

27 October 2023 - United States Steel Corporation is continuing to work through its strategic alternatives review but is remaining mum about its progress to date.