Headlines

Latest News

H2 Green Steel Partners With Industrial Solutions Firm

09 January 2023 - Steelmaking startup H2 Green Steel has signed a letter of intent to collaborate with Swedish industrial solutions provider Mobilaris, the company said on Monday.

POSCO, Fortescue Eye Green Industrial Projects in Australia

09 January 2023 - The Western Australia state government has allocated industrial land to seven projects valued at more than AU$70 billion, including two being developed by POSCO and Fortescue, reports The Sydney Morning Herald.

U. S. Steel Announces Two Executive Appointments

05 January 2023 - United States Steel Corporation has added two new executives to the C-suite, naming Christian Gianni as senior vice president and chief technology officer and John Gordon as senior vice president, raw materials and sustainable resources.

United Steelworkers Approve Four-Year Labor Contracts with U. S. Steel

05 January 2023 - The United Steelworkers (USW) union has ratified four-year labor agreements covering approximately 11,000 workers at United States Steel Corporation.

Nucor Plate Mill Reaches Start-Up Milestone: Its First Plate

03 January 2023 - Nucor Corp.’s new US$1.7 billion plate mill has rolled its first plate and is undergoing final commissioning, the company announced Tuesday morning.

Proposed Finnish Steel Mill Finds a Home

03 January 2023 - Norwegian steel startup Blastr Green Steel has signed a letter of intent with Finnish state-owned energy company Fortum oyj for an industrial site in the western part of the country.

Outokumpu Finalizes Sale of Long Products Unit

03 January 2023 - Outokumpu has completed the sale of its stainless long products business to Marcegaglia after competition regulators approved the deal.

Olympic Steel Expands Through US$131 Million Acquisition

03 January 2023 - Olympic Steel Inc. has acquired steel venting and filtration products fabricator Metal-Fab Inc. for US$131 million, the company has announced.

Nucor Announces New Continuous Galvanizing Line for California Steel Industries

20 December 2022 - The 400,000-tons-per-year line to be constructed in Fontana, Calif., USA, will bring California Steel Industries’ (CSI) total hot-dip capacity to 1.2 million tons per year.

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.

Report: Renewables Could Overtake Coal as World’s Largest Power Source by 2025

14 December 2022 - Russia’s invasion of Ukraine and the energy crisis it set in motion are greatly accelerating the growth of renewable energy capacity, so much so that renewables could surpass coal as largest global source of electricity by 2025, reports the International Energy Agency (IEA).

EU Reaches Agreement on Carbon Border Adjustment Mechanism

13 December 2022 - The European Union has reached a tentative agreement on a plan to tax imported goods whose manufacture produces high levels of carbon dioxide.

Page 31 of 969

View Latest Steel News