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Latest News

American Steel CEOs Push for Further Action on Mexican Imports

24 July 2024 - The U.S. government should take further steps to stop transshipments of steel through Mexico, the chief executive officers of two of the country’s top steel producers said this week, according to the Bloomberg news service.

U. S. Steel Partners with Industrial Decarbonization Start-Up

23 July 2024 - United States Steel Corporation will collaborate with a California startup that is developing a less-energy-intensive iron reduction process.

Zekelman Industries to Expand Alabama Facilities

23 July 2024 - Pipe and tube producer Zekelman Industries is investing more than US$6 million in operations in Jefferson County, Ala., USA.

Nippon Steel Sells Stake in Chinese JV

23 July 2024 - Japan’s Nippon Steel Corp. is pulling out of its Chinese joint venture with Baoshan Iron & Steel, ending a 20-year relationship.

Former U.S. Secretary of State Mike Pompeo Teams with Nippon Steel

22 July 2024 - Nippon Steel Corp. has enlisted the help of former U.S. Secretary of State Mike Pompeo as it works toward finalizing its US$14.9 billion acquisition of United States Steel Corporation, accord to the Reuters news service.

INTECO Announces Start of New Mini-Mill

22 July 2024 - Taiwanese specialty alloys maker Gloria Materials Technology Corp. has run the first heat in a new mini-mill supplied by INTECO.

Danieli Service to Upgrade Italian Bloom Caster

22 July 2024 - The U.S. government should take further steps to stop transshipments of steel through Mexico, the chief executive officers of two of the country’s top steel producers said this week, according to the Bloomberg news service.

Former Big River Steel Executive to Lead Nordic Steel Startup

11 April 2024 - A Nordic steel startup has named industry veteran Mark Bula as its chief executive officer, the company has announced.

SSAB Greenlights Plan to Build EAF Mill

11 April 2024 - SSAB’s board of directors have given the go-ahead on construction of a EUR4.5 billion EAF mini-mill in Luleå, Sweden.

Report: Justice Department to Further Scrutinize Nippon Steel-U. S. Steel Deal

11 April 2024 - The U.S. Justice Department has initiated an in-depth antitrust investigation of Nippon Steel’s planned acquisition of United States Steel Corporation, according to a report in Politico.

Japan Prime Minister Hopes for Positive Outcome to U. S. Steel Acquisition

10 April 2024 - Japan Prime Minister Fumio Kishida expressed hope Wednesday that the Nippon Steel acquisition of United States Steel Corporation will come to pass.

Liberty Steel Names New European CEO

10 April 2024 - Liberty Steel Group has appointed international sustainability leader Thomas Gangl as the chief executive officer of its European business, the company has announced.

Worldsteel: Global Demand to Rise Slightly in 2024

10 April 2024 - Global steel demand is forecast to rise 1.7% this year, growing to 1.79 billion metric tons, according to a new forecast from the World Steel Association.

Report: Europe So Far Has Committed EUR10 Billion to Steel Decarbonization Projects

10 April 2024 - European countries are throwing significant financial support to steel decarbonization projects, announcing EUR10.5 billion in grants between January 2023 and March 2024, according to Ukrainian think tank and consultancy GMK Center.

SSAB Begins Search for New CEO

09 April 2024 - SSAB is launching a search for a new chief executive officer as Martin Lindqvist has announced plans to step down.

Iron Startup Electra Commissions Colorado Pilot Plant

09 April 2024 - Alternative ironmaking startup Electra is commissioning a pilot plant in Boulder, Colo., to demonstrate its electricity-based process, the company has said.

Nucor to Report Weekly HRC Spot Price

04 April 2024 - Nucor Corp. will begin issuing a weekly spot price for its hot-rolled coil, the company said on Thursday.

Nucor Grows Downstream Products Capabilities

04 April 2024 - Nucor Corp. is expanding its downstream products footprint, acquiring Southwest Data Products Inc. (SWDP), a manufacturer and installer of data center infrastructure, for US$115 million.

Salzgitter Eyes 2026 Start of New Scrap Shredding Plant

04 April 2024 - Salzgitter has commissioned construction of an EUR30 million scrap shredding plant at its Salzgitter work in Germany, the company has said.

Midrex Names K.C. Woody as Chief Executive Officer

04 April 2024 - Midrex president K.C. Woody has been promoted to chief executive officer following the retirement of longtime Midrex executive Stephen Montague, the company has announced.

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