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Latest News

ArcelorMittal Contrecoeur Tests Green Hydrogen to Produce DRI

03 May 2022 - ArcelorMittal announced that it has successfully tested a partial replacement of natural gas with green hydrogen in the production of direct reduced iron (DRI) at its steel plant in Contrecoeur, Que., Canada, according to Bloomberg.

Tenova Wins Order for New EAF for Tosyali Algeria

03 May 2022 - The company announced yesterday it has been awarded a contract to supply a second new electric arc furnace (EAF) at Tosyali Bethioua in Algeria.

U. S. Steel Sees NGO Line Start in 2023, Record Q1 Results

02 May 2022 - United States Steel Corporation’s planned electrical steel line is on schedule and already is generating interest among customers, chief executive David Burritt has said.

The Systems Group to Expand Arkansas Facility

02 May 2022 - The company announced today it is expanding its main fabrication and machine shop in El Dorado, Ark., USA, a move that will add 60 new employees at the facility.

Danieli Corus Tapped for 880,000-Tons-Per-Year Blast Furnace Complex

02 May 2022 - The project awarded by BMM Ispat will be an expansion of its steel plant in Danapur, Karnataka, India.

Jindal Stainless Ltd. Taps SMS group for New 2-Million-Ton Blast Furnace

28 April 2022 - India’s Jindal Stainless Ltd. (JSL) has contracted SMS group subsidiary Paul Wurth to install a 2-million-ton-capacity blast furnace at its Kalinganagar steel works, the equipment supplier announced today.

voestalpine Researching Hydrogen Plasma for Green Steel Production

28 April 2022 - The company announced yesterday that it is researching the use of hydrogen plasma for the carbon-free manufacture of crude steel in a single step at a pilot facility in Donawitz, Austria.

To Create Cheaper Green Power, Researchers Turn to Iron

27 April 2022 - A team of researchers led by Imperial College London have developed a breakthrough, low-cost hydrogen fuel cell that replaces costly platinum components with iron.

Al Tanmiya Sells Iraqi Steel Plant

27 April 2022 - Jordan's Al Tanmiya Steel has completed the sale of its steel operations in Al-Zubair, Basra, Iraq, for US$195 million, according to Iraq-Business News.

Vale, Nippon Steel Sign MoU to Develop Steelmaking Decarbonization Solutions

26 April 2022 - Vale announced today it has signed a memorandum of understanding (MoU) with Nippon Steel to explore ironmaking solutions focused on carbon-neutral steelmaking.

Cleveland-Cliffs Reports First-Quarter Earnings Results

25 April 2022 - Cleveland-Cliffs Inc. on Friday reported first-quarter 2022 net income of US$1.50 per diluted share, up from US$0.07 per diluted share in the first quarter of 2021.

Nucor and University of Kentucky Awarded DOE Grant for Carbon Capture Pilot Study

22 April 2022 - The steelmaker announced Friday that it has received a U.S. Department of Energy grant in partnership with the University of Kentucky to install and pilot a new carbon emissions capture system at Nucor Steel Gallatin in Kentucky.

Nucor Contracts Fives for Galvanizing Lines at New Sheet Mill

22 April 2022 - Fives has been tapped by Nucor Corp. to supply both a vertical and horizontal galvanizing line at its greenfield West Virginia sheet mill, each with a capacity of 500,000 tons per year.

POSCO Breaks Ground on Electrical Steel Mill

22 April 2022 - The South Korean steelmaker broke ground today on a 1 trillion won (US$805 million) steel plant in the southwestern port of Gwangyang, according to The Korea Times.

Nucor Records Its Most Profitable First Quarter to Date

21 April 2022 - The company announced today it had achieved consolidated net earnings of US$7.67 per diluted share for the first quarter of this year, making it the most profitable first quarter in the company's history.

Record First Quarter for Steel Dynamics

21 April 2022 - The steelmaker announced its first-quarter 2022 results yesterday of US$5.71 per diluted share, up from US$2.03 per diluted share in the first quarter of 2021.

Primetals Technologies Unveils 3-Strand Continuous Slab Caster

20 April 2022 - The equipment supplier was contracted to provide the first-ever 3-strand slab casting solution for China’s Tangshan Donghua Iron and Steel Enterprise Group, Primetals Technologies announced today in a press release.

American Steel Industry Celebrates Biden Administration’s “Buy America” Guidance

19 April 2022 - Representatives from the U.S. steel industry have expressed their support for the Biden administration’s new guidelines requiring the use of U.S.-made iron and steel in infrastructure projects funded through the Infrastructure Investment and Jobs Act (IIJA).

ArcelorMittal Plants in Africa, South America Are Going Green

19 April 2022 - ArcelorMittal locations around the world are working toward green energy, and its plants in South Africa and Argentina are preparing to make the switch within the next few years.

Algoma Steel Appoints New CEO; Michael McQuade to Retire

18 April 2022 - Canadian steelmaker Algoma announced this morning that Michael Garcia will become its next chief executive officer (CEO) on 1 June 2022.

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