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Latest News

Asian Conversion to Hydrogen DRI Still Decades Away, Says BHP Executive 

01 December 2022 - Wholesale replacement of Asia’s blast furnace fleet with hydrogen-fed direct reduction plants is likely decades away, a BHP executive told the South China Morning Post. 

Tata Steel Partners With SMS group, Primetals Technologies in Decarbonization Effort 

30 November 2022 - Tata Steel has signed separate memorandums of understanding with plant builders Primetals Technologies and SMS group as it looks to decarbonize its steelmaking operations. 

Danieli Lands Order for Nucor EAF

29 November 2022 - Nucor Corp. has contracted Danieli to install a new electric arc furnace (EAF) at the steelmaker’s Kingman, Ariz., USA, bar mill, the plant builder has announced. 

LIBERTY Steel Buys Asian EAF Mill, Plans to Relocate Equipment to Europe 

29 November 2022 - LIBERTY Steel Group is acquiring KG Steel’s Dongbu plant in South Korea and intends to move the equipment to Romania, the company has announced. 

Rio Tinto Steps Up Testing of New Low-Carbon Ironmaking Process

23 November 2022 - Iron ore miner Rio Tinto will build a large-scale pilot plant to further test its promising low-carbon ironmaking process, the company has announced. 

KOCKS Lands Order for Bar Mill Reducing, Sizing Block

23 November 2022 - India’s Tata Steel Long Products Ltd. has contracted rolling mill sizing specialist Friedrich KOCKS GmbH & Co. KG for a reducing and sizing block that will serve the steelmaker’s new rolling mill complex in Jamshedpur. 

Danieli Lands Order for Bar Spooling Line

22 November 2022 - Italy’s Pittini Group has contracted Danieli for a spooled bar line to be installed at its Potenza bar mill. 

Salzgitter, Auto Parts Maker Team Up on Green Steel Processing, Recycling

22 November 2022 - Salzgitter Flachstahl has signed a memorandum of understanding with German automotive supplier Mubea, laying out a framework in which the two companies will collaborate on green steel processing and closed-loop steel recycling. 

Australian Long Products Maker Sets Sights on U.S. Wire Rod Assets

17 November 2022 - Australian long products manufacturer InfraBuild intends to acquire the U.S. wire rod arm of its parent company, GFG Alliance. 

Primetals Technologies Reports First Coil on Upgraded PLTCM

17 November 2022 - China’s Valin ArcelorMittal Automotive Steel has produced the first coil on an upgraded tandem cold mill in Loudi, Hunan province, reports project contractor Primetals Technologies. 

EAF Steel Producers Push for Process-Agnostic Emissions Limits

17 November 2022 - A group of electric arc furnace (EAF) steel producers have formed a coalition to push back against steel production emissions standards that they say could unfairly punish electric steelmakers while giving blast furnace operators a pass. 

CMC Adds Scrap Capacity in Texas

16 November 2022 - Commercial Metals Company (CMC) has acquired a Galveston, Texas, USA, scrap recycler, bringing an additional 55,000 tons of ferrous and non-ferrous scrap under its roof.

Volvo’s First Electric and Fossil-Free Steel Trucks Now in Production

16 November 2022 - The first of Volvo’s heavy-duty electric trucks, some of which are being built with fossil-free steel, have rolled off the assembly line, the company reports.

Nucor, U. S. Steel Pick Up Orders for Green Steel

15 November 2022 - HVAC specialist Trane Technologies will purchase low-CO2 steels from Nucor Corp. and United States Steel Corporation, switching over approximately 20% of its annual steel purchase to the less CO2-intensive products. 

New BENTELER Steel/Tube Product Marries Seamless Tube and Machining Steel

15 November 2022 - Austria’s BENTELER STEEL/TUBE has developed seamless tubes made from free-cutting steels, an innovation it says will provide seamless tube solutions for machining companies, machine builders and manufacturers of precision workpieces. 

LIBERTY Steel Reaches Agreement on Debt Restructuring

15 November 2022 - LIBERTY Steel Group tentatively has reached an agreement in principle to restructure its global debt, but is still trying to negotiate a plan for its European steel business, the company has said. 

Gerdau Gives Final OK to Furnace Modernization Project 

11 November 2022 - Gerdau has issued the final acceptance certificate on an electric arc furnace (EAF) modernization at its Monroe, Mich., USA, special steel plant, reports project contractor Primetals Technologies. 

Lower Prices, Destocking Bite Into ArcelorMittal Q3 Profits

10 November 2022 - ArcelorMittal saw its third-quarter profits cut by more than 75% on reduced shipments and lower prices for those shipments. 

Salzgitter Throttles Up New Galvanizing Line

10 November 2022 - German steelmaker Salzgitter has begun ramping up its new No. 3 hot-dip galvanizing line, a EUR200 million investment meant to help strengthen its position as a supplier of premium sheet to auto and appliance manufacturers.

Algoma Reports Progress on EAF Installation

09 November 2022 - Algoma Steel’s transformative electric arc furnace (EAF) installation remains on track, despite a number of operational setbacks elsewhere that dampened the company’s fiscal second-quarter results. 

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