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Latest News

Nucor to Invest US$200M in South Carolina Mill 

30 August 2022 - Nucor Corp. is planning a US$200 million modernization of its Berkeley sheet and beam mill in South Carolina, the company said on Tuesday. 

Cleveland-Cliffs, USW Reach Tentative Labor Agreement 

29 August 2022 - Cleveland-Cliffs Inc. and the United Steelworkers union (USW) have reached a tentative, four-year agreement covering approximately 12,000 employees.

Tata Steel Plans 750K-Ton Rebar Mill, DRI Plants 

29 August 2022 - Tata Steel has signed a memorandum of understanding with the Indian state of Punjab to build a greenfield rebar mill and has contracted for the design of direct reduction plants in Europe. 

Refractories Maker Announces U.S. Plant Start-Up 

26 August 2022 - Refractories maker PRCO America Inc. has launched production at its new plant near Mayfield, Ky., USA, the company has announced. 

AM/NS Agrees to Buy Infrastructure Assets for US$2.5B

26 August 2022 - Joint venture AM/NS India is acquiring port and energy assets from Essar Group for US$2.4 billion, the companies said on Friday.

Salzgitter Signs Contract for EAF 

25 August 2022 - Salzgitter Flachstahl GmbH has awarded a contract to Primetals Technologies for the design, supply and installation of an electric arc furnace (EAF), marking the first such contract to be let as the steelmaker undertakes a transformational process route conversion. 

EUROFER: War, Energy Costs Darken Skies for European Steelmakers

25 August 2022 - European steelmakers are facing bleaker prospects this year owing to ongoing supply chain issues, the war in Ukraine and rising energy costs, the European Steel Association (EUROFER) said in its latest market outlook.

Danieli Lands Order for Replacement BOF in Brazil 

25 August 2022 - Gerdau has selected Danieli Corus to rebuild the No. 1 Basic Oxygen Furnace (BOF) its Ouro Branco integrated steel works in Brazil, the equipment supplier reports. 

Algoma, USW Shake Hands on Tentative Labor Pact  

23 August 2022 - Algoma Steel and union negotiators have reached a tentative labor agreement, averting a potential work stoppage, the union and the company said on Tuesday. 

Goncalves: Electric Vehicle Makers Turning to Steel 

23 August 2022 - Material substitution is an ever-present threat for the steel industry, but it may have an edge in one particular market, according to Cleveland-Cliffs Inc. chief executive Lourenco Goncalves. 

Nucor Sheet Mill Construction to Begin this Fall 

23 August 2022 - Construction on Nucor Corp.’s West Virginia sheet mill is set to begin in October, kicking off a project that will take two years and employ more than 1,000 construction workers, reports the online WVNews.com. 

H2 Green Steel, BMW Group Sign Final Agreement on CO2-Reduced Steel Delivery 

19 August 2022 - BMW Group and startup steel producer H2 Green Steel have signed a final agreement on delivery of CO2-reduced steel, solidifying plans for the automaker to take some of the plant’s output. 

voestalpine Plans Upgrades to Galvanizing Lines

19 August 2022 - voestalpine is investing nearly EUR100 million to expand the galvanizing lines at its Linz, Austria, site, allowing for quality increases in zinc-coated and uncoated cold-rolled strip.

Collaboration Between EAF Producers, Energy Department Will Create New Model for Green Steel, SMA Says

16 August 2022 - The Steel Manufacturers Association (SMA) has offered its support for parts of the Inflation Reduction Act that are meant to promote industrial growth while decreasing air emissions. 

SMS group Contracted for Rolling Mill Build 

16 August 2022 - Spain’s Megasider Zaragoza S.A.U. has ordered a new merchant bar mill from SMS group, the equipment supplier has announced. 

U. S. Steel Looks to Help Advance Clean Energy Hub

16 August 2022 - United States Steel Corporation will cooperate with two energy companies on advancing a clean energy hub in Ohio, West Virginia and Pennsylvania, the steelmaker said on Tuesday. 

BlueScope Steel Plants a Much Bigger Flag in the U.S. 

15 August 2022 - North Star BlueScope Steel has begun ramping up the addition to its Delta, Ohio, USA, plant after having produced the first prime coil in June, the company reports. 

Despite Sale, Work Progresses on Colorado Rail Mill 

12 August 2022 - Although EVRAZ North America parent EVRAZ plc has put the operation up for sale, it’s business as usual for the operation, with work continuing to progress on its new rail mill in Colorado. 

Danieli Lands Order for Malaysian Slab Caster

12 August 2022 - Eastern Steel in Malaysia has contracted Danieli to build a new slab caster for its plant in Chukai, Terengganu, West Malaysia, Danieli has announced. 

EVRAZ Looks to Divest North American Business

11 August 2022 - Russia's EVRAZ will begin courting buyers for its EVRAZ North America arm, placing the continent's largest producer by volume of steel rail and large-diameter pipe on the sales block, the company has announced. 

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