Steel News

Steel Dynamics Sees Healthy Steel Demand, Expects Profitable Q1

15 March 2023 - Steel Dynamics Inc.'s first-quarter earnings are likely to dip roughly 3%, but the company says demand in its steel, scrap and fabricated products businesses remains strong.

Algoma Brings Aboard Project Management Firm for EAF Build

14 March 2023 - Algoma Steel has contracted industrial and civil construction management firm EllisDon to see its electric arc furnace (EAF) project through to completion.

thyssenkrupp DRI Plant to Utilize Midrex Technology

14 March 2023 - Midrex Technologies Inc. will partner with SMS group subsidiary Paul Wurth to build thyssenkrupp’s planned 2.5-million-ton direct reduction plant.

Canada Bars Russian Steel, Aluminum Imports

14 March 2023 - Canada has banned aluminum and steel imports from Russia, Canadian officials have announced.

SMS group Selected for EAF, Caster Modernization

14 March 2023 - Bahrain’s SULB Company (BSC) has contracted SMS group to modernize an electric arc furnace and 4-strand billet caster.

Danieli Wins Order for CMC Rebar Mill

09 March 2023 - Danieli will equip Commercial Metals Company’s planned rebar mill in Berkeley County, W.Va., USA, the plant builder has said.

JSW Steel USA to Digitally Publish Carbon Emissions Data on Products

09 March 2023 - JSW Steel USA will begin publishing environmental production declarations (EPDs) through a digital platform, the company has announced.

SDI Turns to Longtime Technology Partner for Aluminum Mill Build

09 March 2023 - Steel Dynamics Inc. has contracted SMS group to build its planned aluminum sheet mill, the plant engineer has announced.

SDI's Heart is in Steel, But Its Mind is on Aluminum

08 March 2023 - Steel Dynamics Inc. (SDI) broke ground Tuesday on its planned aluminum flat-rolled mill in Columbus, Miss., USA, a transformative project that will create a new line of business for the steelmaker and provide new source of domestically manufactured aluminum.

Leeco Steel Upgrades Indiana Distribution Center

08 March 2023 - Steel plate distributor Leeco Steel has added a combination cutting and drilling machine to its Portage, Ind., USA, facility.

U. S. Steel, Cleveland-Cliffs Seek Minnesota Iron Ore Leases

07 March 2023 - United States Steel Corporation and Cleveland-Cliffs Inc. are seeking public mineral leases that had been part of proposed mine and taconite pellet plant in Minnesota.

CMC Acquires Two Tennessee Scrap Yards

06 March 2023 - Commercial Metals Company (CMC) is expanding its internal scrap supply, announcing Friday that it has acquired the assets of Tennessee metals recycler Roane Metals Group.

SSAB Finds Another Taker for Fossil-Fuel-Free Steel

06 March 2023 - Automotive brake components maker Meneta Group has committed to buying fossil-fuel-free steels from SSAB, the companies have announced.

CSN Completes Second Round of Caster Upgrades

06 March 2023 - Brazilian integrated producer Companhia Siderúrgica Nacional (CSN) has commissioned the second phase of upgrades to its 2-strand slab caster, reports project contractor Russula.

Danieli Lands Water Treatment Plant Order

06 March 2023 - ArcelorMittal Brazil has placed a follow-on order with Danieli for a water treatment plant that will support a new 400,000-metric-ton medium sections mill.

Valbruna ASW Puts New EAF into Service

03 March 2023 - Special steel producer Valbruna ASW Inc. has started up a new Tenova-built electric arc furnace (EAF), the equipment manufacturer has said.

U. S. Steel Opens Discussions on Potential Carbon Capture Project

02 March 2023 - United States Steel Corporation is considering a potential carbon capture project at its Gary, Ind., USA, facility, announcing Thursday that it has opened discussions with the developer of a carbon capture and reuse technology.

thyssenkrupp Selects SMS group for EUR1.8 Billion Plant Project

01 March 2023 - thyssenkrupp has placed an EUR1.8 billion order with SMS group for a hydrogen-based direct reduction plant, two melting units and ancillary equipment.

Acquisition Expands Morgan Engineering's Shop Capacity

28 February 2023 - Morgan Engineering has acquired the assets of Ohio-based Girard Machine, a move that expands Morgan Engineering’s fabrication and machining capacity.

South Korea Looks for Technological Solutions to Industrial Net Zero Strategy

28 February 2023 - South Korea will build a hydrogen-based direct reduction plant as part of a plan to achieve carbon neutrality in its industrial sector, reports commodities news and pricing service Argus.