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Latest News

West Virginia Regulators OK Power Line for Nucor Mill

07 March 2024 - The West Virginia Public Service Commission has greenlighted a plant to build a US$86 million power transmission line that will serve Nucor Corp.’s West Virginia sheet mill, reports the (Huntington, W.Va.) Herald-Dispatch newspaper.

JSW Steel Plans EUR143 Million Investment in Italian Rail Mill

07 March 2024 - JSW Steel has signed a memorandum of understanding (MOU) with Italy to restart a steel facility in Piombino, the company has announced.

New CEO Takes the Helm at JSW Steel USA

06 March 2024 - JSW Steel has named industry veteran Robert Simon as chief executive officer (CEO) of its U.S. operation.

Refractories Producer to Open Tennessee Plant

06 March 2024 - German refractories manufacturer INTOCAST has broken ground on a US$20 million plant in Huntingdon, Tenn., planting its flag in the U.S. market.

SAIL, Primetals Technologies to Collaborate on Decarbonization

06 March 2024 - The Steel Authority of India Ltd. (SAIL) and Primetals Technologies have signed a memorandum of understanding to closely collaborate on projects and technologies related to decarbonization of the steelmaker’s Rourkela plant in Odisha, India.

Tenova Joins Green Hydrogen Trial

29 February 2024 - Tenova is partnering with two other Italian companies on a project intended to validate hybrid heating technologies for steel reheating, the equipment manufacturer has announced.

Egypt Considers Major Mill Investment

29 February 2024 - The Egyptian government is reviewing a proposal to establish a US$4 billion integrated steel mill in the country, reports the English language news website Ahram Online.

Metallus Inks Agreement With U.S. Army

29 February 2024 - Ohio-based Metallus has signed a US$99 million agreement with the U.S. Army on a project intended to help the Army ramp up artillery shell production in the coming years.

EU OKs Germany Plan to Support ArcelorMittal Project

29 February 2024 - The European Commission has signed off on Germany’s EUR1.3 billion financial aid package to ArcelorMittal in support of the steelmaker’s plan to decarbonize facilities there.

United Steelworkers Union, Nippon Steel Sign Nondisclosure Agreement

29 February 2024 - The United Steelworkers (USW) union has signed a nondisclosure agreement with Nippon Steel Corp., a precursor to allowing discussion between the labor union and the acquirer of United States Steel Corporation to proceed.

Ternium Revises Budget for Mexican Sheet Mill Expansion

22 February 2024 - Inflationary equipment pricing and fluctuations in the exchange rate have forced upward revisions to cost estimates on Ternium’s expansion in Mexico.

Nucor Board Greenlights Funding for New Micro-Mill

21 February 2024 - Nucor Corp.’s board of directors has agreed to allocate US$860 million for construction of a rebar micro-mill, the steelmaker said Wednesday.

Canada to Collect Steel Country of Melt and Pour Info on Steel Imports

21 February 2024 - Canada will join the United States as the only countries requiring melt and pour information on imported steel.

Salzgitter Divests Mannesmann Stainless Tubes Business

20 February 2024 - Italy's Cogne Acciai Speciali has acquired the Mannesmann Stainless Tubes Group from Salzgitter Ag for EUR135 million, Salzgitter said on Tuesday.

Hyundai Steel Opts for Fives Cooling System Solution

20 February 2024 - Hyundai Steel has contracted Fives to retrofit a continuous annealing and galvanizing line with a new cooling system, enabling it to produce third-generation, advanced high-strength steels.

Italy Moves to Repossess Its Largest Steelworks

20 February 2024 - The Italian government is placing the operator of the country's largest steelworks into extraordinary administration, removing control from majority owner ArcelorMittal.

Wanted to Buy: Hydrogen. And Lots of It.

19 February 2024 - thyssenkrupp Steel is soliciting bids for hydrogen to run its planned direct reduction plant, a first in the company’s decarbonization journey.

BlueScope Mulls Midwest Coil Processing Facility

19 February 2024 - BlueScope Steel Ltd. is studying whether to expand its North American value-add capabilities, weighing a potential 550,000-ton cold rolling and coil coating project in the Midwest.

Slovakian Producer Completes Billet Caster Overhaul

19 February 2024 - Slovakia’s Železiarne Podbrezová mill recently restarted a billet caster after a planned outage that lasted less than four weeks, completing the replacement of an existing carbon steel cooling chamber with a new stainless steel one.

Citing ITC Decision, Cleveland-Cliffs to Idle Weirton Tin Mill

15 February 2024 - Cleveland-Cliffs Inc. is indefinitely idling its Weirton, W.Va., USA, tin mill, laying the blame with the U.S. International Trade Commission (ITC) for its refusal to impose duties on imported tinplate.

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