Steel News

Ovako Successfully Heats Steel in Hydrogen-Fueled Furnace

28 April 2020 - Sweden-based engineering steel producer Ovako has successfully trialed the use of hydrogen as combustion source in a production furnace, marking an industry first, the company reports.

Report: The Title of World’s Largest Steelmaker Now Belongs to Baowu Steel

28 April 2020 - The Nikkei Asian Review is calling it: Baowu Steel Group in 2019 unseated ArcelorMittal as the world’s largest steelmaker.

Steel Production Fell in March. Here’s How Much.

27 April 2020 - Global crude steel production fell approximately 6% in March, but a more precise reading won’t be available for another month, according to the latest production tally from the World Steel Association.

FOERSTER Instruments Expands Portfolio

24 April 2020 - Non-destructive testing equipment maker FOERSTER Instruments Inc. is adding to its inspection offerings through a new representation agreement, the company has announced.

MMK Contracts Danieli for EAF Technology Suite

24 April 2020 - Russia’s Magnitogorsk Iron & Steel Works (MMK) is outfitting its No. 2 electric arc furnace with Danieli’s Q-MELT process control technology, the equipment supplier has announced.

CISA Expects Chinese Steel Demand to Pick Back Up

23 April 2020 - The China Iron and Steel Association is predicting a “remarkable” second-quarter rebound as industry ramps back up following the country’s coronavirus lockdown, reports Asia Times Financial.

SDI: No Changes Yet to Texas Mill Construction Schedule

21 April 2020 - Steel Dynamics Inc. (SDI) said it continues to aim for a mid-2021 start-up of its new Texas sheet mill, but will re-evaluate that goal as the year progresses.

Primetals Technologies Gets the Nod for New Tandem Cold Mill

21 April 2020 - Primetals Technologies has bagged an order for a 6-stand tandem cold mill to be built in China’s Hebei province, the company announced Tuesday.

Tenova Announces Business Reorganization, Leadership Changes

20 April 2020 - Metals and mining equipment manufacturer Tenova is reorganizing, naming Roberto Pancaldi as the company’s chief executive officer and appointing former chief executive Andrea Lovato to the helm of its TAKRAF mining and bulk materials handling equipment business.

Researchers Devise Way to Print Better Martensitic Steel Parts

20 April 2020 - Researchers from Texas A&M University and the U.S. Air Force Research Laboratory have developed an optimized process framework that allows for defect-free 3D printing of components from martensitic steels.

Nippon Steel Explores Quantum Computing

20 April 2020 - Nippon Steel Corp. has begun collaborating with a developer of quantum software, the developer has announced.

Nucor Chooses Danieli for Plate Mill Cranes

17 April 2020 - Nucor Corp. has contracted Danieli to supply the meltshop cranes for its Brandenburg, Ky., USA, plate mill.

Outokumpu Names New Chief Executive

17 April 2020 - Finnish stainless steel producer Outokumpu has named board vice chairman Heikki Malinen to succeed president and chief executive Roeland Baan, who is resigning to take a leadership position outside the company.

LIBERTY Steel Sets Management Board, Names U.S. Leadership

16 April 2020 - LIBERTY Steel Group has assembled a board of directors to steer the business and named two industry veterans to oversee operations in Europe and the U.S.

Nucor EVP to Retire; Successor Named

16 April 2020 - Nucor Corp. executive vice president Ladd R. Hall will retire from the company in June, Nucor announced Thursday.

North American Stainless Rises to Confront COVID-19 Challenges

16 April 2020 - As one of the initial links in the supply chain, Kentucky-based North American Stainless and its 1,500 employees are stepping up to ensure that manufacturers of critical medical equipment, such as ventilators, oxygen tanks and hospital beds, have access to high-quality stainless steel.