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Latest News

Tata Steel UK Nears Decarbonization Crossroads  

07 May 2023 - With Tata Steel’s Port Talbot blast furnaces nearing the end of their lives, the company’s U.K. steelmaking operation faces an uncertain future, according to reports. 

Hatch Finalizes Küttner Merger 

04 May 2023 - Consulting engineer Hatch has completed its merger with engineering, procurement and construction contractor Küttner, creating a leading European provider of complex engineering and technology services for the metals, energy, and infrastructure market sectors. 

Fully Staffed Plants a Matter of Safety, Cleveland-Cliffs CEO Says

04 May 2023 - Since acquiring AK Steel, ArcelorMittal’s legacy U.S. mills, and scrap recycler Ferrous Processing and Trading, Cleveland-Cliffs has expanded its headcount by more than one-third, chief executive Lourenco Goncalves said during a union event, reports The Times newspaper of northwest Indiana. 

JSW Steel USA to Upgrade Ohio Plant 

02 May 2023 - JSW Steel USA will invest US$145 million in its Mingo Junction, Ohio, flat-rolled facility to better serve growing markets in the renewable energy and infrastructure sectors, the company said Tuesday. 

Baosteel, Saudi Arabia Announce Joint Venture Plate Mill 

02 May 2023 - China’s Baoshan Iron & Steel Co. Ltd. and Saudi Aramco have agreed to establish a 1.5 million-metric ton plate mill in Saudi Arabia, the companies have announced.

Investment Firm Eyes Green Steel, Low-CO2 Tech Investments

02 May 2023 - Private equity firm Brookfield Asset Management Ltd. is looking to invest in green steelmaking and intends to raise US$15 billion to invest in low-carbon technologies, reports Bloomberg. 

SMS group Names New CTO, Launches Hub Focused on New Metals Technologies

26 April 2023 - SMS group has created a new unit focused on commercializing new technologies and has appointed chief technology officer Hans Ferkel to lead it.

Cleveland-Cliffs, Machinists Union Shake Hands on Labor Contract

26 April 2023 - Cleveland-Cliffs Inc. and union workers at its Middletown, Ohio, USA, mill have reached a tentative, four-year labor agreement, the steelmaker said Wednesday. 

Coalition Releases Green Steel Standard

26 April 2023 - The Nucor Corp.-led initiative that is proposing a global standard for CO2 emissions has published the standard and is seeking industry input. 

CEC Lands Engineering Contract for Steel Dynamics' Aluminum Mill 

26 April 2023 - Steel Dynamics Inc. has awarded an engineering contract to Pittsburgh-based Civil & Environmental Consultants Inc. (CEC) for the steelmaker’s planned aluminum facilities. 

Tata Steel Trials H2 Injection

25 April 2023 - Tata Steel has begun trialing hydrogen injection into a blast furnace at its Jamshedpur facility in India, the company reports. 

H2 Green Steel Begins Its Other Green Effort: Fundraising

25 April 2023 - Steelmaking startup H2 Green Steel has begun seeking EUR1.5 billion in equity funding for its planned facility in Boden, reports the Financial Times. 

thyssenkrupp CEO Parts Ways With Company 

25 April 2023 - thyssenkrupp chief executive Martina Merz will step down from her role at the end of May as the company begins looking to separate its steel business and turns its attention to improving finances. 

Forecast: Global Steel Demand to Rise 2.3% in 2023 

19 April 2023 - The World Steel Association (worldsteel) has revised up is bi-annual demand outlook, saying that global demand is expected to reach 2.3% this year. 

Salzgitter Secures Government Support for Low-CO2 Process Conversion 

18 April 2023 - Salzgitter AG will receive EUR1 billion in federal and state support for its low-CO2 project, the German company said on Tuesday. 

ArcelorMittal Brazil Plans 554-MW Wind Farm 

18 April 2023 - ArcelorMittal Brazil is establishing a 55-45 joint venture that will develop an US$800 million wind farm that will provide more than one-third of the steelmaker’s electricity needs in the country. 

Report: Nucor Looking to Break Ground on West Virginia Mill This Summer

18 April 2023 - Nucor is working to secure federal permits for its planned West Virginia sheet mill, but company officials said they are optimistic that the project will break ground this summer, according the (Huntington, W.Va.) Herald-Dispatch newspaper. 

Nucor Kicks Off Sheet Mill Expansion Project

17 April 2023 - Nucor Corp. has broken ground on a five-year, US$400 million expansion and modernization project at its Crawfordsville, Ind., USA, sheet mill, reports the (Crawfordsville, Ind.) Journal Review newspaper. 

BILSTEIN Group Signs Green Steel Supply Agreement

17 April 2023 - Cold-rolled strip maker BILSTEIN Group has signed a binding, seven-year supply agreement with startup H2 Green Steel for its low-CO2 steel. 

Borusan Mannesmann Looks to Expand OCTG Market Share Through U.S. Acquisition

13 April 2023 - U.S. large-diameter line pipe maker Berg Pipe has been sold to Turkey’s Borusan Mannesmann for US$162 million, according to an announcement Thursday. 

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