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Latest News

AZZ Buys Precoat Metals in US$1.28 Billion Deal

08 March 2022 - AZZ Inc. will acquire Sequa Corp.’s Precoat Metals division for approximately US$1.28 billion, the company announced yesterday.

Italian Steelmakers Partner on Coil Mill Joint Venture in Tunisia

07 March 2022 - Italy’s Marcegaglia Group has purchased a 50% joint venture stake in Sideralba S.p.A.’s galvanized coil subsidiary in Tunisia, according to Italian-language newswire agency ANSA.

Tenova to Build Largest Hydrogen DRI Plant in China for Baowu Group

03 March 2022 - Sinosteel Engineering & Technology Co. Ltd. has partnered with Tenova to build a 1-million-metric-ton direct reduced iron (DRI) plant for China’s Baosteel Zhanjiang Iron & Steel Co. Ltd., Tenova reports.

ArcelorMittal Acquires Scottish Steel Recycler

03 March 2022 - ArcelorMittal announced it has acquired recycling business John Lawrie Metals Ltd., based in Aberdeen, Scotland.

Ryerson Acquires Sheet Metal Fabricator

02 March 2022 - Industrial metals processor and distributor Ryerson Holding Corp. announced today its acquisition of sheet metal fabricator Apogee Steel Fabrication Inc.

POSCO to Build a Digital Twin to Test Hydrogen Technologies

02 March 2022 - The South Korean steelmaker is planning to build a virtual steel mill in which it can test hydrogen reduction steelmaking technology, according to BusinessKorea.

SDI, Rio Tinto, Nippon Steel Trading Back Renewable Biocarbon Producer

02 March 2022 - Aymium announced yesterday that it has secured Series B funding to support capacity expansion and increased deployment of its environmental technologies, with Steel Dynamics Inc., Rio Tinto and Nippon Steel Trading on board.

AZZ Inc. Acquires DAAM Galvanizing Co. Ltd.

02 March 2022 - AZZ Inc. announced yesterday that it has entered into an agreement to acquire Edmonton, Alta., Canada-based DAAM Galvanizing Co. Ltd.

Hoa Phat Contracts Primetals Technologies for New Production Line

01 March 2022 - The Vietnamese steelmaker has awarded Primetals Technologies a contract for a new production line that will increase capacity at its steel plant in Dung Quat, Quang Ngai province, by 5.6 million tons per year, according to the equipment supplier.

U. S. Steel to Boost Pig Iron Production With US$60 Million Investment

28 February 2022 - United States Steel Corporation revealed this morning that it will spend US$60 million to scale up ironmaking capacity at its Gary Works facility in Indiana.

Tosyali Algerie Reported Record DRI Production in 2021, Contracts for Second DRI Plant

28 February 2022 - The company set a new world record in 2021 for annual direct reduced iron (DRI) production by a single-module plant, producing more than 2.28 million tons.

SSAB Teams With Polestar to Develop 100% Climate-Neutral Car

23 February 2022 - SSAB will join forces with Swedish electric vehicle manufacturer Polestar to help create the world’s first truly climate-neutral car, the company announced today.

NLMK Issues Final Acceptance for Primetals Technologies BOF Offgas System

23 February 2022 - The equipment supplier announced yesterday it has received the final acceptance certificates (FACs) from NLMK Group for the construction of offgas systems for its LD converters No. 2 and 3 at its steel plant LD2 in Lipetsk, Russia.

Ferriere Nord Puts New Danieli Billet Welder Into Service

23 February 2022 - Italy’s Ferriere Nord (Pittini Group) is the first to operate Danieli’s sixth-generation billet welder, according to a press release from Danieli.

Tenova Tapped to Supply STC Furnace

23 February 2022 - Tenova has been contracted to supply a roller-hearth-type STC® (Short Time Cycle) furnace to Grand Blanc Processing.

Severstal Unveils US$1.6 Billion CAPEX Program for 2022

22 February 2022 - The company announced last week its plans to invest in development projects, maintenance, digital projects and safety improvements in 2022.

ANDRITZ Tapped for Pickling and Galvanizing Line Project

22 February 2022 - The company announced it has received an order from China’s Jiuquan Iron and Steel (Group) Co. Ltd. to supply a new high-capacity pickling and galvanizing line.

Ternium Announces US$1 Billion Expansion to Mexican Operations

21 February 2022 - Ternium will invest US$1 billion to expand its rolling mill in Pesquería, Mexico, reports the Reuters news service.

Tenaris to Invest in Wind Farm, Reduce Carbon Footprint

21 February 2022 - Tenaris is investing US$190 million for a wind farm located in Adolfo Gonzales Chave, in Buenos Aires, Argentina, as part of its plans to reduce CO2 emissions by 30% by 2030.

BlueScope Steel Awarded ResponsibleSteel Certification

21 February 2022 - Australia’s BlueScope Steel Port Kembla Steelworks is the first steelmaker in the Asia-Pacific region to receive ResponsibleSteelTM certification, the steelmaker announced today.

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