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Latest News

Canadian Steelmaker Starts Transformational EAF Conversion 

20 June 2022 - Integrated steelmaker Algoma said work on its CA$700 million electric arc furnace conversion is underway and so far proceeding according to plan. 

Commercial Metals Company Forecasts Healthy Steel Demand

20 June 2022 - Fears of a recession to the contrary, Commercial Metals Company (CMC) executives said demand for rebar and other construction steels appears healthy. 

Steelworkers Union Heading to the Bargaining Table With U. S. Steel, Cleveland-Cliffs

17 June 2022 - United States Steel Corporation and Cleveland-Cliffs Inc. are gearing up for contract negotiations with the United Steelworkers union as multiple contracts are nearing their expiration dates, reports Argus Media.

U. S. Steel Expects Strong Q2

17 June 2022 - United States Steel Corporation expects to report second-quarter EBITDA of approximately US$1.6 billion, a new second-quarter record, the company said Thursday. 

Steel Dynamics Expects a Record Q2 

16 June 2022 - Steel Dynamics Inc. said it expects to report another record quarter later this summer, driven in part by strong steel demand and profitability at its steel mills. 

Optimus Steel Taps Danieli for Roughing Mill, Reheat Furnace

16 June 2022 - Rebar maker Optimus Steel has contracted Danieli for improvements to its Beaumont, Texas, USA, mill. 

Outokumpu Introduces Low-CO2 Steel

15 June 2022 - Stainless steel producer Outokumpu has launched a branded line of low-carbon-emissions stainless steel and has already delivered a shipment to a major customer, the company said on Wednesday.

Nucor Sees Another Earnings Record on the Horizon

15 June 2022 - Strong steel demand is expected to propel Nucor to its highest quarterly earnings yet, the company said on Wednesday. 

What’s the Threshold For Low-Carbon-Emissions Steel? ArcelorMittal Proposes a Way to Answer 

15 June 2022 - ArcelorMittal has proposed a broad outline of a conceptual low-carbon-emissions standard for the global industry, saying that such a standard could incentivize the decarbonization of primary and secondary steelmaking and help drive demand for low-emissions steels. 

Danieli Wraps Up HDGL Upgrade in Italy

15 June 2022 - Danieli Centro Combustion has completed upgrades to a hot-dip galvanizing line operated by Marcegaglia, the equipment supplier reports. 

Russian Steelmakers Move to World Steel Sidelines

15 June 2022 - The World Steel Association (worldsteel) and its Russian members have agreed to pause their full participation in the association owing to EU sanctions on Russia, Kallanish reports. 

SSAB Marks Opening of Pilot-Scale Hydrogen Storage Facility 

15 June 2022 - SSAB and its partners in its fossil-free steelmaking initiative are inaugurating an underground hydrogen storage facility, marking the start of a two-year trial. 

POSCO Restarts Rebuilt Blast Furnace

13 June 2022 - POSCO has blown in the refurbished No. 4 blast furnace at its Gwangyang Works, according to reports. 

voestalpine Moves First Low-Emissions Coils Out the Door

13 June 2022 - voestalpine has shipped the first coils of its reduced-CO2 steel from its plant in Linz, Austria, the company said Monday. 

JSW Steel Starts Slag Recycling Plant 

13 June 2022 - JSW Steel’s Vijayanagar Works has inaugurated a slag-based sand-making plant capable of producing 300,000 metric tons annually, reports The Hindu newspaper in India. 

Danieli: Aperam Mill Slated for Improvements

10 June 2022 - Danieli has been contracted to revamp an Aperam Steckel mill in Brazil, the equipment supplier has said. 

Vale Creates Sustainable Mining Venture Capital Fund

10 June 2022 - Iron ore miner Vale has established a US$100 million venture capital fund that meant to support development of startups working on sustainable mining and metals technologies. 

Ferragon Names Sales VP 

10 June 2022 - Service center operator Ferragon Corp. has brought aboard steel industry veteran Greg Kauffman to oversee sales operations at a number of its divisions, the company has announced. 

worldsteel: Crude Steel Production Up 3.8% in 2021

09 June 2022 - Global crude steel production reached 1.95 billion metric tons in 2021, with China accounting for nearly 53% of the total, according to the World Steel Association (worldsteel)’s annual tally. 

AM/NS India Selects Primetals Technologies for Tandem Mill Build 

09 June 2022 - Primetals Technologies has landed an order for a pickling line and tandem cold mill for a joint-venture mill in India. 

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