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Latest News

ArcelorMittal Acquiring 3M Metric Tons of Slabmaking Capacity in Brazil

28 July 2022 - ArcelorMittal is acquiring Brazilian slab producer Companhia Siderúrgica do Pecém (CSP) for approximately US$2.2 billion, the steelmaker said on Thursday. 

POSCO, PT Krakatau Eye Major Indonesian Investment

28 July 2022 - POSCO and Indonesian joint-venture partner PT Krakatau Steel plan to invest US$3.5 billion in expanding capacity in the country, reports the Reuters news service. 

Partner Companies Unveil EAF Lime Injection System

28 July 2022 - Lime and bulk material handling specialists Storage & Transfer Technologies (STT) and Schenck Process are launching sales of a new injection system for electric arc furnace steel plants, the companies have announced. 

SMA Claims Major Decarbonization Advantage for EAF Steelmakers

26 July 2022 - U.S. electric arc furnace (EAF) steels have a carbon emissions intensity that is approximately 75% lower than steel made via the traditional blast furnace route used by many overseas producers, a new study concludes. 

U. S. Steel Sees Emissions Intensity Drop 

26 July 2022 - United States Steel Corporation reduced its greenhouse gas emissions intensity by 16% in 2021 and recycled 73% more scrap steel than in the previous year, the company states in its 2021 Sustainability Report. 

First Prime Coil Comes Off the Line at Upgraded Nucor Plant

26 July 2022 - Nucor Corp.’s upgraded Gallatin sheet mill in Kentucky has produced its first prime coil, reports the equipment supplier on the project. 

SDI Sinton Shifts Into Production Mode 

25 July 2022 - Even as it begins executing on a US$1.9 billion plan to build an aluminum sheet mill in the southeast U.S., Steel Dynamics Inc. is ratcheting up operations at its Sinton, Texas, flat-rolled steel mill. 

ArcelorMittal Inks Exclusive Sheet Piling Marketing Agreement

25 July 2022 - Pipe and piling distributor JD Fields & Co. Inc. (JDF) has signed a long-term marketing agreement with ArcelorMittal, giving it sole distribution rights to the steelmaker’s sheet piling systems in North America. 

Stelco Q2 Shipments Appear Bright, but the Company Sees Clouds on the Horizon

25 July 2022 - Stelco expects its second-quarter shipments to increase more than 10% over the prior quarter, pushing up profits, but the company anticipates headwinds in the form of declining steel prices in the remaining half of the fiscal year. 

Baosteel Inks Contract for World’s Largest H2-Based DRI Plant

22 July 2022 - China’s Baosteel Zhanjiang Iron & Steel has selected the Tenova and Danieli’s Energiron technology to power a new direct reduction (DR) plant in the Guangdong Province.

Cliffs: Pent-Up Auto Demand Is Increasing, and So Will Its Bottom Line

22 July 2022 - Cleveland-Cliffs Inc.’s second-quarter profits declined 24% as increased prices for natural gas, electricity, scrap and alloys as well as other one-time charges tamped down earnings. 

AIST Lends Support to Hydrogen Hub Development 

21 July 2022 - The Association for Iron & Steel Technology is putting support behind development of a national hydrogen infrastructure, offering up its technical expertise to public-private partnerships that are looking to establish production and distribution hubs. 

Nucor Aims for Its Most Profitable Year Ever

21 July 2022 - The company today announced record quarterly consolidated net earnings of US$2.56 billion for the second quarter of 2022.

Steel Dynamics Reports Record Second Quarter

21 July 2022 - The steelmaker on Wednesday announced a record-breaking second quarter in terms of steel shipments, net sales and operating income.

H2 and Hitachi Energy Announce Partnership

21 July 2022 - Hitachi Energy and H2 Green Steel have signed a Memorandum of Understanding to collaborate on projects that support the industrial startup in producing green steel.

ArcelorMittal Gent Starts Up New BOF

21 July 2022 - Equipment supplier Primetals Technologies announced yesterday that a new LD converter (basic oxygen furnace) it supplied to ArcelorMittal Belgium’s steel plant in Gent was recently started up.

SDI Announces US$2.2B Investment — In Aluminum

19 July 2022 - Steel Dynamics Inc. (SDI) on Tuesday said it will enter the flat-rolled aluminum market, announcing a US$2.2 billion plan to build a rolling mill and two separate recycled aluminum slab casting plants. 

JSW Steel, Boston Consulting to Work Together on Climate Goals 

19 July 2022 - JSW Steel has enlisted the help of management consultant Boston Consulting Group as it works toward reducing its carbon emissions intensity. 

Forget Crypto, Minister Says. Manufacturing Industry’s Energy Needs Should Take Precedence. 

19 July 2022 - Steelmaking and crypto mining are energy-intensive endeavors and facets of the Swedish economy, but maybe the country should prioritize the former over the latter when it comes to energy resources, one official has said. 

Nippon Steel Signs Collaboration Agreement

18 July 2022 - Coal and iron ore miner Anglo American has agreed to work with Nippon Steel Corp. on making less CO2-intensive steel, the companies have said. 

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