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U.S. Temporarily Suspends Section 232 Tariffs on Ukrainian Steel

10 May 2022 - Secretary of Commerce Gina M. Raimondo announced yesterday the U.S. will suspend Section 232 tariffs on Ukrainian steel for a period of one year.

Saudi Arabia to Pour US$6 Billion Into Steel Complex, EV Metals Plant

09 May 2022 - Saudi Arabia's Ministry of Industry and Mineral Resources is investing US$6 billion in a steel plate mill complex and electric vehicle (EV) battery metals plant, according to the Reuters news service.

TenarisDalmine Awards Two Contracts to Tenova

09 May 2022 - In a press release today, Tenova announced it received orders for a meltshop ladle furnace and heat treatment furnace for Tenaris’ mill in Dalmine, Italy.

Pacific Steel Taps Danieli for Hybrid Micro-Mill

06 May 2022 - The rebar fabricator awarded Danieli a contract for a 380,000-ton-per-year MIDA Hybrid mini-mill to be built in Mojave, Calif., USA.

World’s Largest ERW Tube Mill Opens in Arkansas

05 May 2022 - Atlas Tube, a division of Zekelman Industries, has cut the ribbon on its new US$150 million electric resistance welded (ERW) tube mill in Blytheville, Ark., USA, bringing on-line what it says is the largest continuous ERW tube mill in the world.

ArcelorMittal Rallies Around Ukrainian Employees, Posts Q1 Profit

05 May 2022 - ArcelorMittal has evacuated approximately 1,000 people in Ukraine and, along with its employees, have donated more than US$7 million to support those affected by the war, the company said on Thursday.

Turkish Stainless Producer Sets Metallurgical Records

04 May 2022 - A Primetals Technologies-built vacuum oxygen decarburization (VOD) plant in Turkey has set two new world records, producing the largest heat and the achieving the lowest carbon content for such a plant.

Cleveland-Cliffs, NYSE Mark 175 Years in Business

04 May 2022 - In celebration of its 175th anniversary, Cleveland-Cliffs Inc. chairman and chief executive Lourenco Goncalves and other company executives rang the New York Stock Exchange (NYSE) closing bell on Tuesday.

JSPL to Build Coal Gasification-Based DRI Plants

04 May 2022 - India’s Jindal Steel and Power (JSPL) is planning to build two 2-million-metric-ton-capacity coal gasification-based direct reduced iron (DRI) plants, one in Angul, Odisha, and one in Raigarh, Chattisgarh, according to The Hindu BusinessLine.

ArcelorMittal Contrecoeur Tests Green Hydrogen to Produce DRI

03 May 2022 - ArcelorMittal announced that it has successfully tested a partial replacement of natural gas with green hydrogen in the production of direct reduced iron (DRI) at its steel plant in Contrecoeur, Que., Canada, according to Bloomberg.

Tenova Wins Order for New EAF for Tosyali Algeria

03 May 2022 - The company announced yesterday it has been awarded a contract to supply a second new electric arc furnace (EAF) at Tosyali Bethioua in Algeria.

U. S. Steel Sees NGO Line Start in 2023, Record Q1 Results

02 May 2022 - United States Steel Corporation’s planned electrical steel line is on schedule and already is generating interest among customers, chief executive David Burritt has said.

The Systems Group to Expand Arkansas Facility

02 May 2022 - The company announced today it is expanding its main fabrication and machine shop in El Dorado, Ark., USA, a move that will add 60 new employees at the facility.

Danieli Corus Tapped for 880,000-Tons-Per-Year Blast Furnace Complex

02 May 2022 - The project awarded by BMM Ispat will be an expansion of its steel plant in Danapur, Karnataka, India.

Jindal Stainless Ltd. Taps SMS group for New 2-Million-Ton Blast Furnace

28 April 2022 - India’s Jindal Stainless Ltd. (JSL) has contracted SMS group subsidiary Paul Wurth to install a 2-million-ton-capacity blast furnace at its Kalinganagar steel works, the equipment supplier announced today.

voestalpine Researching Hydrogen Plasma for Green Steel Production

28 April 2022 - The company announced yesterday that it is researching the use of hydrogen plasma for the carbon-free manufacture of crude steel in a single step at a pilot facility in Donawitz, Austria.

To Create Cheaper Green Power, Researchers Turn to Iron

27 April 2022 - A team of researchers led by Imperial College London have developed a breakthrough, low-cost hydrogen fuel cell that replaces costly platinum components with iron.

Al Tanmiya Sells Iraqi Steel Plant

27 April 2022 - Jordan's Al Tanmiya Steel has completed the sale of its steel operations in Al-Zubair, Basra, Iraq, for US$195 million, according to Iraq-Business News.

Vale, Nippon Steel Sign MoU to Develop Steelmaking Decarbonization Solutions

26 April 2022 - Vale announced today it has signed a memorandum of understanding (MoU) with Nippon Steel to explore ironmaking solutions focused on carbon-neutral steelmaking.

Cleveland-Cliffs Reports First-Quarter Earnings Results

25 April 2022 - Cleveland-Cliffs Inc. on Friday reported first-quarter 2022 net income of US$1.50 per diluted share, up from US$0.07 per diluted share in the first quarter of 2021.

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