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Latest News

Nucor, ExxonMobil Sign Carbon Capture Agreement

01 June 2023 - Nucor Corp. will begin capturing CO2 emissions at its Louisiana direct reduction plant through a new agreement with ExxonMobil, the steelmaker said on Thursday.

Australia’s InfraBuild Lines Up Financing to Acquire Three U.S. Operations

01 June 2023 - InfraBuild, an Australian long products producer owned by Sanjeev Gupta’s GFG Alliance, has secured financing that will allow it to buy three U.S. wire rod operations also owned by GFG Alliance.

Nucor Bar Mill Looks for Q4 Start of New Bundling Station

31 May 2023 - Nucor Corp.’s Jewett, Texas, USA, bar mill has awarded a contract to Danieli for a new bundling station, the equipment manufacturer reports.

Spanish Mill Installs Hot Billet Charging System

31 May 2023 - A Sarralle-built hot-charging system has passed its factory acceptance test and is being installed at the customer’s plant in Spain.

POSCO Looks to Begin Work on Pilot DRI Plant

30 May 2023 - POSCO is set to break ground on a pilot-scale direct reduction plant that utilizes hydrogen, reports The Korea Economic Daily newspaper.

Global Steel Dynamics Forum Builds on Already Stellar Agenda

25 May 2023 - Organizers of the Global Steel Dynamics Forum are finalizing what is looking to be a world-class agenda for the conference’s inaugural year, and more of the steel industry’s bold-faced names are soon to be announced as speakers.

Salzgitter Selects Energiron DR for Hydrogen-Ready DRI Plant

24 May 2023 - Salzgitter Flachstahl announced today it has chosen Energiron DR technology for its new 2.1-million-tons-per-year hydrogen-ready direct reduction plant to be installed at its facility in Salzgitter, Germany.

Texas Port Lands Pipe, Tube Mill

24 May 2023 - Mexico’s Forza Steel is opening a 240,000-metric-ton pipe and tube mill at the Port of Brownsville in Texas, according to announcement from port officials.

Phase 2 On the Books for Steel Mill Slag Treatment and Recovery Plant in Spain

24 May 2023 - SARRALLE Environment & Energy announced the start-up of Phase 1 and the order for Phase 2 of a project for the treatment and recovery of steel mill slag for Phoenix Services at Acerinox Palmones in Spain.

Nucor to Shutter Texas Heavy Plate Facility

24 May 2023 - Nucor will close its Longview, Texas, USA, heavy plate mill later this year amid a reorganization of its plate mill group, the steelmaker said on Wednesday.

BlueScope Targets Emissions Reductions at NZ Steel

23 May 2023 - The Australian steelmaker announced yesterday it is looking into building a NZ$300 million (US$187 million) electric arc furnace (EAF) at its New Zealand Steel (NZ Steel) works in Glenbrook to lower its greenhouse gas emissions.

JSW Steel, JFE Steel to Build Electrical Steel Plant in India

22 May 2023 - The two companies have signed a memorandum of understanding to establish a cold-rolled grain-oriented electrical steel plant in Vijayanagar, Karnataka, India, according to a statement from JSW Steel today.

Industry Pioneer, Former Nucor EVP MaryEmily Slate Passes Away

18 May 2023 - MaryEmily Slate, who formerly served as Nucor’s executive vice president of commercial strategy until her retirement a year ago, passed away on Tuesday, according to Nucor.

Company Reveals Plans for Pittsburgh-Area Rebar Mill

18 May 2023 - New York-based steel trader 72 Steel LLC has announced a plan to build a 500,000-ton rebar mill in southwestern Pennsylvania, potentially returning steelmaking to a site once occupied by the former J&L Steel.

Import Pressure Forces Layoffs at W.Va. Tin Mill

18 May 2023 - Cleveland-Cliffs Inc. is laying off approximately 300 people at its Weirton, W.Va., USA, tin mill, blaming competition from unfairly traded imports, according to reports.

Meranti Plans Green Steel Project for Thailand

18 May 2023 - Singapore’s Meranti Steel is planning to develop a 2-million-ton-capacity flat products mill in Thailand that will supply green hot-rolled coil to domestic and international manufacturers, the South East Asia Iron and Steel Institute reports.

New MSS Steel Factory to House Dedicated Solar Tracking Manufacturing Line in Tennessee

18 May 2023 - MSS Steel Tubes USA and solar tracker provider Nextracker Inc. announced today the commissioning of a new factory in Memphis, Tenn., USA, to manufacture low-carbon steel components for solar tracking systems.

Nucor Once Served the Nuclear Industry. Now, the Industry Could Serve Nucor.

16 May 2023 - Nucor Corp. and nuclear power plant developer NuScale Power Corp. have signed a framework agreement under which they’ll study the possibility of powering Nucor’s electric arc furnaces with NuScale’s small modular reactors.

Biden Administration Focused on Negotiating CO2-Based Steel Import Restriction

16 May 2023 - The Biden Administration is continuing to work toward an arrangement with the European Union that would penalize imports of CO2-intensive steel, U.S. Commerce Secretary Gina Raimondo told steel industry players on Tuesday, according to the Reuters news service.

Goncalves Named AISI Chairman

16 May 2023 - Cleveland-Cliffs Inc. chairman, president and chief executive officer Lourenco Goncalves has been elected chairman of the American Iron and Steel Institute (AISI), the trade group has announced.

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