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Latest News

Olympic Steel Expands Reach Through Acquisition

02 October 2023 - Olympic Steel Inc. has acquired a Midwestern and Southern bar and tube fabricator in an all-cash deal, the service center has announced.

ArcelorMittal Mexico Starts Automated Quality Control System

28 September 2023 - ArcelorMittal Mexico recently put an integrated quality control, production management and transport system from Primetals Technologies into service at is Lázaro Cárdenas site, the equipment supplier reports.

Nucor Looks to Fusion Technology as an Electricity Source

27 September 2023 - Nucor Corp. on Wednesday announced that it intends to bring fusion power to its steel mills through a collaboration with a company developing the technology.

Vale to Weigh Potential of Port-Based HBI Plant

27 September 2023 - Iron ore miner Vale has signed a memorandum of understanding with a southeastern Brazilian port to explore development of a hot briquetted iron hub, the company has announced.

USW Announces Passing of International President Tom Conway

26 September 2023 - United Steelworkers (USW) international president Tom Conway has died at the age of 71, the union announced Monday.

Alton Steel Opens 6.5-MW Solar Facility

25 September 2023 - Special bar quality maker Alton Steel on Monday cut the ribbon on an on-site solar array that will meet 10% of the steel producer’s electricity needs.

Indian Mill Starts Sarralle Ladle Furnace

22 September 2023 - A Sarralle-built ladle furnace has been successfully hot commissioned at India’s ESL Steel Ltd.-Vedanta, the equipment manufacturer reports.

JSW Slows Pace on Teck Resources Coal Unit Deal

22 September 2023 - A diplomatic dispute between Canada and India is said to be slowing JSW Steel’s effort to acquire a stake in Teck Resources’ metallurgical coal unit, according to the Reuters news service.

Report: Stelco Interested in Acquiring U. S. Steel

22 September 2023 - Canada’s Stelco is reportedly pursuing a bid for United States Steel Corporation, Bloomberg has reported.

Report: U. S. Steel, Cleveland-Cliffs at Odds in Sales Process

21 September 2023 - A dispute between Cleveland-Cliffs Inc. and United States Steel Corporation has emerged over a confidentiality arrangement, locking Cleveland-Cliffs out of a sales process that is underway, reports the Reuters news service.

ABB, SMS group Tag Team on Hot Strip Mill Drivetrain

20 September 2023 - ABB is partnering with SMS group to deliver the medium-voltage motors and drives to the new AM/NS India hot strip mill in Hazira, the companies report.

ANDRITZ Receives Order for 100-MW Electrolyzer

20 September 2023 - Salzgitter has placed an order with ANDRITZ for a 100-MW hydrogen electrolyzer, a facility that will be one of Europe’s largest green hydrogen plants, the steelmaker has announced.

Work Continues on U.S.-EU Green Steel Deal

20 September 2023 - Representatives of the U.S. and European Union are continuing to negotiate a trade deal on green steel and aluminum in advance of a trade summit in the back half of October, reports Politico.

Auto Strike Prompts U. S. Steel to Idle Blast Furnace

19 September 2023 - United States Steel Corporation is temporarily idling the B blast furnace at its Granite City Works amid a strike by the United Auto Workers.

Deacero Announces US$1 Billion Investment

19 September 2023 - Mexican steelmaker Deacero plans to add 1.2 million tons of capacity, a US$1 billion investment to be carried out over the next three years, reports Recycling Today.

TYASA, Danieli Partner on SBQ Mill Build

19 September 2023 - Danieli has won a contract to build a 350,000-ton bar mill for Mexico’s TYASA, the equipment manufacturer reports.

Mercedes-Benz Chooses SDI for Low-CO2 Steel

19 September 2023 - Steel Dynamics Inc. (SDI) will provide more than 50,000 metric tons of reduced-CO2 steel to Mercedes-Benz’s plant in Alabama under a newly signed procurement agreement, the automaker has announced.

U.K. Agrees to Help Fund Tata Steel Decarbonization Effort

15 September 2023 - The U.K. government has agreed to provide GBP500 million in support of Tata Steel’s EAF conversion at its Port Talbot works, the company has announced.

Nucor Forecasts Lower Q3 Earnings

15 September 2023 - Nucor Corp. said it expects its third-quarter earnings to decline by more than one-third on lower steel prices, the company said Thursday.

Egypt Lays Plans for US$1 Billion Mill

14 September 2023 - Egypt is planning to invest US$1 billion in a flat steel facility that would produce for both the domestic and flat-rolled markets, reports Business Insider.

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