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Latest News

With US$700 Million in Hand, Hybar Breaks Ground on Arkansas Mill

03 August 2023 - Hybar LLC, the Dave Stickler-led rebar startup, has raised US$700 million in debt and equity financing and has broken ground for its planned rebar mill in Osceola, Ark., USA.

JSW Steel Establishes Electrical Steel JV

03 August 2023 - India’s JSW Steel and Japan’s JFE Steel are creating a 50-50 joint venture to produce cold-rolled grain-oriented electric steel, the companies said in a regulatory filing.

Global Steel Climate Council Puts Final Touches on Green Steel Standard

03 August 2023 - The Nucor Corp.-led Global Steel Climate Council has published the final version of its green steel standard.

Outokumpu Considers U.S. Expansion

03 August 2023 - Stainless steel producer Outokumpu is weighing whether to build a hot rolling mill in the U.S. as it explores options for expanding operations here.

Tenova Roll Grinders Selected for Vietnamese Mill

01 August 2023 - Vietnam’s Hoa Phat Group has contracted Tenova Pomini to supply roll grinders at the steelmaker’s new hot rolling mill in Dung Quat, Quang Ngai province.

Marcegaglia Taps Danieli for Rolling Mill Upgrade

01 August 2023 - Danieli has won a contract to modernize a rolling mill at Marcegaglia’s Palini and Bertoli plate facility in San Giorgio di Nogaro, Italy, the company reports.

Nucor Obtains Permit for West Virginia Sheet Mill

31 July 2023 - Nucor Corp. has received an awaited environmental permit for its US$3.1 billion West Virginia sheet mill, allowing it to begin construction.

New Agreement Advances SDI Decarbonization Plans

31 July 2023 - Steel Dynamics Inc. (SDI) will buy electricity from a Texas wind farm when it begins operating in 2024, the steelmaker has announced.

Badische Stahl-Engineering Partners With Texas Mill

28 July 2023 - German steel mill consulting and engineering group Badische Stahl-Engineering has signed a three-year contract with Gerdau Long Steel North America’s Midlothian, Texas, USA, mill, the company reports.

Cleveland-Cliffs Commissions NOES Expansion

27 July 2023 - Cleveland-Cliffs Inc. has completed an expansion of its Zanesville, Ohio, USA, plant and plans to begin trialing hydrogen in its largest blast furnace, chairman and chief executive office Lourenco Goncalves has said.

Nucor Looks to Start West Virginia Mill Construction Within Weeks

27 July 2023 - Nucor Corp. is continuing to ramp up new and revamped flat-rolled mills in Kentucky as it prepares to launch construction on its West Virginia sheet mill.

Danieli Lands Order for Nucor-Yamato Reheat Furnace

27 July 2023 - Nucor-Yamato Steel has ordered a walking beam furnace and new automation and material handling equipment from Danieli Centro Combustion, the equipment supplier reports.

Germany Confirms Funding for thyssenkrupp Decarbonization Project

27 July 2023 - The German government has confirmed formal approval of nearly EUR2 billion in funding for thyssenkrupp Steel’s transformational decarbonization project, the company has said.

Report: Some China Mills Receive Order to Contain Output

27 July 2023 - Some Chinese mills have been told to keep steel production to 2022 levels, reports the Reuters news service.

Nucor Signs Off on Nebraska Bar Mill Upgrade

27 July 2023 - Nucor Steel–Nebraska has issued the final acceptance certificate on its new KOCKS intermediate reducing and sizing block, according to the equipment supplier.

Tata Steel’s Narendran Reappointed as CEO

24 July 2023 - Tata Steel has re-appointed T. V. Narendran as chief executive officer and managing director, according to an exchange filing.

EU Greenlights ArcelorMittal, thyssenkrupp Decarbonization Funding

20 July 2023 - The European Commission has signed off on EUR2.85 billion in state aid that will go to decarbonization efforts at thyssenkrupp and ArcelorMittal.

Steel Dynamics Inc. Reports Q2 Profit

20 July 2023 - Wider metal spreads and steady demand contributed to a US$812 million quarterly profit for Steel Dynamics Inc. (SDI), the company said Wednesday.

ArcelorMittal Brings Low-CO2 Heavy Plate to Market

20 July 2023 - ArcelorMittal’s European division has begun producing low-CO2 heavy plates in weights of up to 18 metric tons, the company has announced.

H2-Based Ladle Pre-Heater Begins Operating

20 July 2023 - ArcelorMittal Sestao has put a hydrogen-fired ladle pre-heating station into service, reports the equipment supplier on the project.

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