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Latest News

Nucor Anticipates Record Year, but Comparatively Lower Q3 Results

15 September 2022 - Nucor Corp. expects its third-quarter earnings to fall roughly 13% year over year on lower shipments and prices at its steel mills.

SDI Q3 Earnings Expected to Soften but Sees Underlying Demand Persist

15 September 2022 - Steel Dynamics Inc. expects its third-quarter earnings to drop roughly 23% from the prior three months due in part to lower average flat-rolled prices.

Tata Steel Partners With Hatch on IJmuiden Process Route Conversion

15 September 2022 - Engineering and management consultancy Hatch Ltd. is joining Tata Steel’s effort to produce hydrogen-reduced iron and green steel at its lJmuiden plant in the Netherlands.

Danieli Contracted for BF Stove Repairs

15 September 2022 - Tata Steel has again tapped Danieli for blast furnace stove repairs at the steelmaker’s Port Talbot Works in the United Kingdom, reaffirming a relationship between the two.

Topalian Named Nucor Chairman

15 September 2022 - Nucor Corp. president and chief executive Leon Topalian can now add board chairman to his title.

POSCO Mill Recovering From Flood

13 September 2022 - POSCO has restarted the No. 2 and No. 4 blast furnaces at its Pohang Works after a typhoon flooded the plant last week.

JSW Steel, SMS group to Partner on Decarbonization Projects

13 September 2022 - JSW Steel will collaborate with plant builder and mechanical engineer SMS group on decarbonization projects throughout its fleet of Indian mills.

voestalpine Turns to Primetals Technologies for Galvanizing Line Revamp

13 September 2022 - voestalpine has contracted Primetals Technologies to modernize the Nos. 3 and 4 hot-dipped galvanizing lines at its Linz facility in Austria, the equipment builder has announced.

Zekelman Industries Expects New Tube Plant to Be Fully Operational Early Next Year

09 September 2022 - Pipe and tube maker Zekelman Industries said it is nearing the end of construction on a new galvanized tube plant in Illinois.

Cleveland-Cliffs, USW Shake Hands on Another Tentative Labor Agreement

09 September 2022 - Cleveland-Cliffs Inc. has reached a tentative labor agreement with United Steelworkers (USW)-represented employees at its legacy mining and pelletizing operations in northern Minnesota and the Michigan Upper Peninsula.

thyssenkrupp Greenlights DRI Plant

08 September 2022 - thyssenkrupp will proceed with construction of a 2.5-million-metric-ton direct reduction plant at its Duisburg plant in Germany, the company said on Thursday.

Primetals Technologies Bags Order for Ladle Furnace

07 September 2022 - Mexico’s Talleres y Aceros S.A. de C.V. (TYASA) has ordered a twin-ladle furnace from Primetals Technologies, the equipment manufacturer reports.

AIC Completes Rolling Mill Automation Project

07 September 2022 - Automation specialist Automazioni Industriali Capitanio (AIC) has wrapped up installation of a new automation system for a stand in a Gerdau rolling mill.

ArcelorMittal Idles Two European Blast Furnaces

07 September 2022 - Softening demand and rising energy prices are prompting ArcelorMittal to idle two of its blast furnaces in Spain and Germany, according to a report.

German Steel Association: Natural Gas Price Caps Are Needed

07 September 2022 - Germany's steel industry trade association, WV Stahl, is calling for price caps on natural gas, saying that the international competitiveness of the industry is under threat.

Deacero Awards Plant Modernization Contract

01 September 2022 - Mexican long products maker Deacero has contracted Danieli to upgrade the meltshop and rolling mills at its Celaya plant.

JFE Steel Plans Multi-Billion Investment in Low-CO2 Steel

01 September 2022 - Japan’s JFE Steel is prepared to invest the equivalent of US$7.2 billion to reduce its carbon dioxide emissions, in part through building electric arc furnaces, according to the Reuters news service.

POSCO, Primetals Technologies Partner Up on Hydrogen DRI Plant

01 September 2022 - Primetals Technologies and POSCO will work together on developing a green steel demonstration plant using hydrogen reduction.

U. S. Steel Idles Indiana Tin Line

01 September 2022 - United States Steel Corporation is idling the No. 5 tin line at its Gary Works, according to The Times newspaper of northwest Indiana.

Welcome Aboard, Robot: 1st Half Robot Sales Set North American Record

30 August 2022 - Faced with a tight labor market and rising wages, North American companies bought more robots than ever in the first half of this year, according to the Reuters news service.

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