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Japanese DRI Demonstration Project Selects ENERGIRON Technology

20 March 2024 - Tenova and Danieli will lend their ENERGIRON direct reduction technology to a demonstration project intended to test full hydrogen reduction with low-grade iron ore. 

‘Our Transaction Delivers Clear Benefits to U. S. Steel,’ Says Nippon Steel 

18 March 2024 - Nippon Steel Corp. is reiterating what it says are the benefits of its planned acquisition of United States Steel Corporation, arguing that the deal would bolster U.S. supply chains.  

Biden Weighs in on U. S. Steel Acquisition

14 March 2024 - U.S. President Joe Biden is opposed to Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, saying Thursday that it is important that the U.S. maintain “strong American steel companies powered by American steel workers,” according to the Associated Press.

Nucor Signs Five-Year Pellet Agreement

14 March 2024 - Nucor Corp. has reupped a commercial agreement with Brazilian iron ore miner Samarco, signing a five-year supply agreement for iron ore direct reduction pellets.

ArcelorMittal Buys Equity Position in Vallourec

13 March 2024 - ArcelorMittal has acquired a 28.4% equity stake in French tubemaker Vallourec, the steelmaker has announced. 

Report: South Korea Steelmaker Exploring Possibility of U.S. EAFs

12 March 2024 - Hyundai Steel is weighing the feasibility of building electric arc furnaces (EAFs) in the U.S. as a way to avoid tariffs, carbon emissions limits and competition from Chinese produces, reports The Korea Economic Daily.  

Danieli Bags Order for Galvanizing Line 

12 March 2024 - Danieli has received an order for a 700,000-metric-ton galvanizing line from Tata Steel, the company reports. 

USW Reports on Meeting With Nippon Steel

12 March 2024 - Nippon Steel Corp. and the United Steelworkers (USW) union met late last week to discuss the company’s acquisition of United States Steel Corporation, but the union said it remains unassured. 

U. S. Steel Invests in Warehousing Robotics Manufacturer 

11 March 2024 - United States Steel Corporation is making a strategic investment in Pittsburgh-based Freespace Robotics, a manufacturer of robotic storage and retrieval systems used in warehouses. 

New Slitting Line to Enhance thyssenkrupp Electrical Steel Production 

07 March 2024 - thyssenkrupp Steel has commissioned a new slitting line in Motta Visconti, Italy, replacing an older line and boosting production of high-efficiency electrical steel for the automotive industry, the company has said.

Report: Nippon Steel, USW to Begin Dialogue Over Merger

07 March 2024 - Nippon Steel executive vice president Takahiro Mori is to meet with United Steelworkers leadership to discuss his company’s proposed acquisition of United States Steel Corporation, reports the Reuters news service.

West Virginia Regulators OK Power Line for Nucor Mill  

07 March 2024 - The West Virginia Public Service Commission has greenlighted a plant to build a US$86 million power transmission line that will serve Nucor Corp.’s West Virginia sheet mill, reports the (Huntington, W.Va.) Herald-Dispatch newspaper. 

JSW Steel Plans EUR143 Million Investment in Italian Rail Mill 

07 March 2024 - JSW Steel has signed a memorandum of understanding (MOU) with Italy to restart a steel facility in Piombino, the company has announced. 

New CEO Takes the Helm at JSW Steel USA 

06 March 2024 - JSW Steel has named industry veteran Robert Simon as chief executive officer (CEO) of its U.S. operation. 

Refractories Producer to Open Tennessee Plant 

06 March 2024 - German refractories manufacturer INTOCAST has broken ground on a US$20 million plant in Huntingdon, Tenn., planting its flag in the U.S. market. 

SAIL, Primetals Technologies to Collaborate on Decarbonization

06 March 2024 - The Steel Authority of India Ltd. (SAIL) and Primetals Technologies have signed a memorandum of understanding to closely collaborate on projects and technologies related to decarbonization of the steelmaker’s Rourkela plant in Odisha, India.

Tenova Joins Green Hydrogen Trial 

29 February 2024 - Tenova is partnering with two other Italian companies on a project intended to validate hybrid heating technologies for steel reheating, the equipment manufacturer has announced.

Egypt Considers Major Mill Investment 

29 February 2024 - The Egyptian government is reviewing a proposal to establish a US$4 billion integrated steel mill in the country, reports the English language news website Ahram Online. 

Metallus Inks Agreement With U.S. Army

29 February 2024 - Ohio-based Metallus has signed a US$99 million agreement with the U.S. Army on a project intended to help the Army ramp up artillery shell production in the coming years.

EU OKs Germany Plan to Support ArcelorMittal Project

29 February 2024 - The European Commission has signed off on Germany’s EUR1.3 billion financial aid package to ArcelorMittal in support of the steelmaker’s plan to decarbonize facilities there. 

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