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Latest News

JFE Steel Plans Even Bigger Expansion of NGO Sheet Capacity

07 February 2023 - JFE Steel Corp. is doubling down on an expansion of its electrical steel sheet capacity, announcing Monday that it will invest an additional JPY50 billion (US$381.2 million) in a project already underway.

Primetals Technologies Completes Automation Upgrades at Chinese Plant

07 February 2023 - Primetals Technologies has wrapped up an extensive automation and process optimization project for a Taiyuan Iron and Steel Group Co. (TISCO) plant in Taiyuan, Shanxi Province, China, the company has said.

Danieli Wins Contract for South African Hot-Rolled Mill

07 February 2023 - Danieli has been contracted to build a complete, narrow- and medium-width hot-strip plant for South Africa’s Scaw Metals, the company has announced.

U. S. Steel Restarts Idled Mon Valley Works BF

06 February 2023 - Increasing demand has prompted United States Steel Corporation to restart the No. 3 blast furnace at its Mon Valley Works in Pennsylvania.

BENTELER Halts North American Tube Mill Sale

06 February 2023 - BENTELER Group has called off the sale of its Shreveport, La., USA, tube plant to Tenaris, citing strategic and economic reasons.

Timken Acquires American Roller Bearing

02 February 2023 - Bearings maker The Timken Co. has acquired the assets of American Roller Bearing Co. (ARB) for an undisclosed amount, the company has announced.

The World Made Less Steel in 2022. Here’s How Much Output Fell.

01 February 2023 - Global crude steel production declined 4.2% in 2022, according to the World Steel Association (worldsteel).

Swedish Producer Restarts Blast Furnace

01 February 2023 - SSAB has joined the list of European steel producers who have relit idled blast furnaces in recent weeks, reports Fastmarkets MB.

Hotwork USA Now a Part of German Industrial Services Provider

01 February 2023 - Lexington, Ky.-based refractory dry-out and heat-up specialist Hotwork USA LLC has joined the ROBUR Industry Service Group, expanding the industrial furnace services the group is able to offer.

Spanish, Polish Mills Start New Sarralle EAFs

01 February 2023 - Two European steelmakers have started up Sarralle-built electric arc furnaces (EAFs), according to an announcement from the Spain-based engineer and equipment manufacturer.

AISI: Overall U.S. Steel Imports Down, But Finished Steel Imports Up in '22

27 January 2023 - The amount of imported steel entering the U.S. declined 2% in 2022, according to the American Iron and Steel Institute (AISI).

ArcelorMittal Invests in Green Steel Tech Startup

27 January 2023 - Ironmaking startup Boston Metal has raised US$120 million in Series C funding, with ArcelorMittal taking the lead in the third wave of investment.

North American Stainless Plans New Cold Mill

26 January 2023 - North American Stainless has greenlighted a US$244 million expansion of its Ghent, Ky., USA, mill, the company announced Thursday.

Nucor Banks Record 2022 Profits

26 January 2023 - Nucor Corp.’s 2022 profits leaped 24% as the company recorded its safest and most profitable year ever.

U. S. Steel Eyes Late-Summer Completion of NGO Line

26 January 2023 - United States Steel Corporation’s non-grain-oriented electrical steel (NGO) line in Arkansas is proceeding as planned and is on track for a late-summer start, the company has said.

Nippon Steel Explores Carbon Capture Project

25 January 2023 - Nippon Steel Corp. and two other companies will explore the potential for carbon capture and storage project, according the Reuters news service.

SDI Achieves Record Profitability in 2022

25 January 2023 - 2022 was a banner year for Steel Dynamics Inc. as the U.S. steelmaker posted record net sales, profits and shipments.

TISCO Starts SMS group-Built Heavy Plate Mill

24 January 2023 - Shanxi Taigang Stainless Steel Co. Ltd. (TISCO) has rolled the first plate on a new 4.3-m stainless heavy plate mill, according to the company that built it.

Steelmaker Switches On Danieli Condition Monitoring System

24 January 2023 - Peru’s Aceros Arequipa has installed a Danieli condition monitoring system on the No. 2 rolling mill at its plant in Lima.

Primetals Technologies Appoints New Sales VP for US

23 January 2023 - Steel industry veteran and AIST member Joe Dzierzawski has been named vice president of sales and strategy for Primetals Technologies USA, the plant builder has announced.

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