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Danieli Tapped for Tata Steel SBQ Project

19 December 2022 - Tata Steel Group has selected Danieli to provide a 500,000-tons-per-year special bar quality (SBQ) bar and wire rod mill in Jamshedpur, India, the equipment supplier announced last week.

Steel Dynamics Expects Q4 Earnings to Decline

16 December 2022 - Steel Dynamics Inc. (SDI) is forecasting its fourth-quarter earnings to fall roughly 39% over the prior year due in part to tightening metal spreads, especially at its flat-rolled operations. 

Nucor Expects Q4 Earnings to Slide, Announces Expansion of Steel Towers Business

16 December 2022 - Nucor Corp. expects its fourth-quarter earnings to fall roughly 45% due in part to lower volumes and lower average selling prices, the company said on Thursday. 

HarbisonWalker Agrees to Be Acquired by Private Equity Firm

16 December 2022 - Refractories maker HarbisonWalker International is being acquired by a private equity firm that plans to expand the manufacturer's reach by combining it with a refractories producer in Europe. 

SMS group Unveils DC Power System for Metals Plants

16 December 2022 - SMS group has launched sales of an internal DC grid that promises to help steel mills decarbonize production and run more efficiently. 

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. 

Nucor Names New Executive Vice President 

15 December 2022 - Nucor Corp. vice president and AIST member Noah Hanners is being promoted to executive vice president, the company said on Tuesday. 

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.

Cleveland-Cliffs Introduces Electrical Steel for High-Frequency Motors 

13 December 2022 - Cleveland-Cliffs Inc. is bringing to market a branded line of non-oriented electrical steels designed for high-frequency motors and generators, the company has announced. 

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. 

Harsco JV to Provide Scrap, Slag Services at Turkish Mill 

13 December 2022 - Turkish steel sheet and pipe maker Tosyali Holding has contracted joint venture Tosyali Harsco to provide certain services at its new greenfield steel plant in Sariseki. 

WTO Rejects Section 232 Steel and Aluminum Tariffs

09 December 2022 - The World Trade Organization (WTO) has ruled that the U.S. Section 232 steel and aluminum tariffs are improper under international trade rules and should be revisited, a conclusion that was quickly dismissed by the Biden administration. 

BlueScope Names New North American CEO 

09 December 2022 - BlueScope Steel has tapped its chief human resources officer to lead its North American operations and is making other changes to its executive leadership team, the company has announced. 

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. 

Nucor Invests in Green Ironmaking Startup 

08 December 2022 - Nucor Corp. has made an equity investment in a startup company developing a process that can produce iron from low-grade ores and renewable electricity. 

ArcelorMittal Celebrates Start of Offgas Recycling Plant 

08 December 2022 - ArcelorMittal’s integrated mill in Ghent, Belgium, has inaugurated a EUR200 million system that captures offgases and converts them to ethanol. 

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. 

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