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Latest News

Stelco Merger Receives OK from Provincial Court, Shareholders

19 September 2024 - A Canadian court and Stelco shareholders have approved a planned sale of the company to Cleveland-Cliffs Inc., according to company announcements.

Report: Decision on U. S. Steel Acquisition Likely to Come After Election

18 September 2024 - Nippon Steel Corp. has won permission to refile its plan for acquiring United States Steel Corporation, an action that will likely delay a decision on the merger until after the November election, reports the Bloomberg news service.

EAF Components Supplier Erie Copper Acquired

18 September 2024 - Combustion solutions provider American Combustion International (ACI) has acquired Ohio-based Erie Copper Works, a strategic deal that will expand the company’s product lineup.

Danieli Completes Billet Caster Upgrade

18 September 2024 - Danieli Service is wrapping up an upgrade of a 6-strand billet caster in Italy, the company reports.

SSAB Partners With PSI Group on Software Implementation

16 September 2024 - SSAB has selected PSI Group to develop a template software system that will drive its business processes, PSI Group has announced.

Steel Groups to Senate: Pass Leveling the Playing Field Act

11 September 2024 - The Steel Manufacturers Association, the American Iron and Steel Institute, the United Steelworkers union and other manufacturing groups are urging the U.S. Senate to pass a bill that would give the government additional tools to stop unfair trade practices by China.

U. S. Steel Brings New Corrosion-Resistant Product to Market

11 September 2024 - United States Steel Corporation has launched sales of corrosion-resistant, carbon flat-rolled steel that it calls ZMAG.

Hybar Adds Equity Investor

11 September 2024 - Infrastructure services provider Quanta Services has made a strategic equity investment in startup rebar manufacturer Hybar LLC.

U.K. Funding Allows Tata Steel EAF Project to Move Forward

11 September 2024 - Tata Steel has signed a GBP500 million funding agreement with the U.K. government, allowing it to move forward with a process conversion at its historic Port Talbot Works in Wales.

China Expands Carbon Trading Program to Include Steel

10 September 2024 - China’s steel, aluminum and cement producers will be added to the country’s national carbon trading market, the Bloomberg news service reports.

U.S. Flat-Rolled Producers Lodge Dumping Complaint Over Corrosion-Resistant Sheet

09 September 2024 - Several U.S. steel producers and the United Steelworkers union have filed dumping complaints with the Commerce Department over imports of corrosion-resistant steel from several countries.

SEC Fines Esmark, Bouchard Over U. S. Steel Offer

06 September 2024 - Esmark Inc. and its chairman will pay US$600,000 to settle Securities and Exchange Commission (SEC) charges that they made an offer to buy United States Steel Corporation despite having the financial wherewithal to complete such a deal.

Plastics Recycler Plans Facility to Make Coke Alternative

05 September 2024 - The U.S. Energy Department has conditionally agreed to guarantee a loan of up to US$182.6 million to Pennsylvania-based International Recycling Group (IRG), which is looking to build facilities that would produce a plastics-based coking coal alternative.

Danieli: Turkish Spooling Line Sets New Speed Record

05 September 2024 - A Danieli-built bar spooling is breaking speed records, achieving rates of 40 m/second for 8 and 10 mm diameters, Danieli reports.

Midrex, Vale to Further Develop Use of Iron Ore Briquettes in DRI Furnaces

05 September 2024 - Midrex Technologies Inc. has signed a technical cooperation agreement with iron ore miner Vale, allowing the two companies to further collaborate on a technical solution for the use of iron ore briquettes in direct reduction plants.

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