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Latest News

Steel Manufacturers Association Adds TimkenSteel to Its Roster 

20 March 2023 - Special bar quality producer TimkenSteel has joined the Steel Manufacturers Association (SMA), and the steelmaker’s chief executive has joined the trade association’s board of directors. 

Nucor Anticipates Profitable Q1 

16 March 2023 - Nucor Corp. is expecting a softer first-quarter profit, but said its steelmaking, steel products and raw materials businesses are nevertheless off to a strong start in 2023. 

thyssenkrupp Marks Construction Start on Electrical Steel Line

16 March 2023 - thyssenkrupp has laid the first foundation stones for a new annealing and insulating line at its Bochum plant in Germany, ceremonially kicking off construction of the EUR150 million project. 

OECD Steel Committee: Big Capacity Growth, but Little Demand Growth in 2023

15 March 2023 - Global steel demand will grow by a mere 1% in 2023, far outpaced by growth in steelmaking capacity, according to the Organisation for Economic Co-operation and Development (OECD)’s steel committee.  

ArcelorMittal Takes Ownership of Brazilian Slab Plant

15 March 2023 - ArcelorMittal has finalized its acquisition of Brazil’s Companhia Siderúrgica do Pecém (CSP) for an enterprise value of approximately US$2.2 billion, the steelmaker has said. 

Steel Dynamics Sees Healthy Steel Demand, Expects Profitable Q1

15 March 2023 - Steel Dynamics Inc.'s first-quarter earnings are likely to dip roughly 3%, but the company says demand in its steel, scrap and fabricated products businesses remains strong.

Algoma Brings Aboard Project Management Firm for EAF Build 

14 March 2023 - Algoma Steel has contracted industrial and civil construction management firm EllisDon to see its electric arc furnace (EAF) project through to completion. 

thyssenkrupp DRI Plant to Utilize Midrex Technology 

14 March 2023 - Midrex Technologies Inc. will partner with SMS group subsidiary Paul Wurth to build thyssenkrupp’s planned 2.5-million-ton direct reduction plant. 

Canada Bars Russian Steel, Aluminum Imports

14 March 2023 - Canada has banned aluminum and steel imports from Russia, Canadian officials have announced. 

SMS group Selected for EAF, Caster Modernization 

14 March 2023 - Bahrain’s SULB Company (BSC) has contracted SMS group to modernize an electric arc furnace and 4-strand billet caster. 

Danieli Wins Order for CMC Rebar Mill 

09 March 2023 - Danieli will equip Commercial Metals Company’s planned rebar mill in Berkeley County, W.Va., USA, the plant builder has said. 

JSW Steel USA to Digitally Publish Carbon Emissions Data on Products

09 March 2023 - JSW Steel USA will begin publishing environmental production declarations (EPDs) through a digital platform, the company has announced. 

SDI Turns to Longtime Technology Partner for Aluminum Mill Build 

09 March 2023 - Steel Dynamics Inc. has contracted SMS group to build its planned aluminum sheet mill, the plant engineer has announced. 

SDI's Heart is in Steel, But Its Mind is on Aluminum

08 March 2023 - Steel Dynamics Inc. (SDI) broke ground Tuesday on its planned aluminum flat-rolled mill in Columbus, Miss., USA, a transformative project that will create a new line of business for the steelmaker and provide new source of domestically manufactured aluminum.

Leeco Steel Upgrades Indiana Distribution Center 

08 March 2023 - Steel plate distributor Leeco Steel has added a combination cutting and drilling machine to its Portage, Ind., USA, facility. 

U. S. Steel, Cleveland-Cliffs Seek Minnesota Iron Ore Leases 

07 March 2023 - United States Steel Corporation and Cleveland-Cliffs Inc. are seeking public mineral leases that had been part of proposed mine and taconite pellet plant in Minnesota.  

CMC Acquires Two Tennessee Scrap Yards

06 March 2023 - Commercial Metals Company (CMC) is expanding its internal scrap supply, announcing Friday that it has acquired the assets of Tennessee metals recycler Roane Metals Group. 

SSAB Finds Another Taker for Fossil-Fuel-Free Steel

06 March 2023 - Automotive brake components maker Meneta Group has committed to buying fossil-fuel-free steels from SSAB, the companies have announced. 

CSN Completes Second Round of Caster Upgrades

06 March 2023 - Brazilian integrated producer Companhia Siderúrgica Nacional (CSN) has commissioned the second phase of upgrades to its 2-strand slab caster, reports project contractor Russula. 

Danieli Lands Water Treatment Plant Order

06 March 2023 - ArcelorMittal Brazil has placed a follow-on order with Danieli for a water treatment plant that will support a new 400,000-metric-ton medium sections mill. 

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