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Latest News

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.

Nucor General Manager Promoted to EVP

16 May 2023 - Nucor Steel–Decatur vice president and general manager Brad Ford has been promoted to the steelmaker’s executive leadership team, the company has announced.

SMS group Upgrades Hot Strip Mill Automation for ArcelorMittal Tubarão

10 May 2023 - The equipment supplier announced today it has upgraded the existing automation system for the roughing mill and edger at ArcelorMittal Tubarão in Brazil.

ArcelorMittal North America Evaluating HBI Plant Expansion

09 May 2023 - ArcelorMittal is considering adding on to its recently acquired hot briquetted iron (HBI) plant near Corpus Christi, Texas, the company’s North American chief executive said on Tuesday.

Nucor CEO: U.S. Steel Industry Must Make Its Voice Heard on Carbon Regulation

09 May 2023 - Led by electric arc furnace (EAF) producers, the U.S. steel industry has an enormous competitive advantage, and it is imperative that it participates in global discussions about carbon regulation, Nucor Corp. chief executive officer Leon Topalian said Tuesday.

Vale Signs MOU to Examine Potential Iron Ore Briquette Plant

09 May 2023 - Brazilian iron ore miner Vale will explore the feasibility of an iron ore briquetting facility in partnership with a European consortium, Vale has announced.

New Labor Agreement at Cleveland-Cliffs Middletown Works Ratified by IAM Union Employees

09 May 2023 - Cleveland-Cliffs has announced that some 2,100 hourly employees represented by the International Association of Machinists and Aerospace Workers (IAM) Local 1943 at its Middletown Works have ratified a new four-year labor agreement.

Howe Memorial Lecture: Fiber Optic Sensorization Could Unlock New Insights

08 May 2023 - As steelmakers further digitize steel production, the need for inexpensive and densely located sensors that can withstand harsh mill environments will grow, creating an opening for optical fiber-based sensors, a leading steelmaking expert said Monday.

Cleveland-Cliffs Reports Successful H2 Injection Trial

08 May 2023 - Cleveland-Cliffs Inc. has successfully completed a hydrogen injection trial at one of its Ohio blast furnaces, taking a significant step toward decarbonized blast furnace production, the steelmaker announced on Monday.

U.S. Manufacturers Benefiting From Factory Construction

08 May 2023 - Inflation and rising interest rates are top of mind for many businesses, but U.S. steel producers and other manufacturers have another concern — just keeping up with orders.

H2 Green Steel, Marcegaglia Ink EUR1.79 Billion Green Steel Deal

08 May 2023 - The seven-year, EUR1.79 billion agreement will cover the delivery of green steel from H2 Green Steel's plant in Sweden to Marcegaglia's operations in Southern Europe, the U.K. and Poland.

Primetals Technologies Modernizes Slitting Line for thyssenkrupp Rasselstein

08 May 2023 - Primetals Technologies has upgraded the level 1 automation system and drive system for slitting line No. 1 at thyssenkrupp Rasselstein in Andernach, Germany.

A New Lease, And Life. for Cleveland-Cliffs’ Hibbing Taconite

07 May 2023 - The Minnesota Department of Natural Resources (DNR) is recommending that public mineral leases once held by the Mesabi Metallics taconite project be given to Cleveland-Cliffs Inc., reports the (Minneapolis, Minn.) Star Tribune newspaper.

SSAB Looks to Put Waste Heat to Use

07 May 2023 - SSAB will study a potential new use for waste heat from its Hämeenlinna works in Finland – residential home heating.

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