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Latest News

U. S. Steel Signs Agreement for Carbon Sequestration Plant

03 April 2024 - United States Steel Corporation has signed an agreement with carbon capture specialist CarbonFree to build a sequestration plant at Gary Works.

RHI Magnesita to Expand U.S. Footprint Through Acquisition

03 April 2024 - Refractories maker RHI Magnesita (RHIM) is acquiring U.S.-based Resco Group in a bid to expand its U.S. manufacturing footprint.

Service Center Starts Red Bud-Built Stretcher-Leveler

03 April 2024 - Flat-rolled service center Taylor Steel Inc. recently installed a Red Bud Industries stretcher-leveler at its Stoney Creek, Ont., Canada, location, the equipment supplier reports.

Ascometal Terminates Sales Negotiation With Acciaierie Venete

28 March 2024 - Swiss Steel’s plan to sell off several of its Ascometal subsidiary steel works in France has come to a halt, The Swiss Times reported yesterday.

Primetals Technologies Contracted for Cold Mill Upgrade

27 March 2024 - SSAB has issued the final acceptance certificate on an improvement to its 4-stand tandem cold mill in Hämeenlinna, Finland, and is ready to begin the final phases of the project, according to project contractor Primetals Technologies.

Steel Producer Issues Call for Green Hydrogen

27 March 2024 - Stahl-Holding-Saar (SHS), which owns steel producers Dillinger and Saarstahl, is seeking bids for renewable hydrogen to be used in a planned direct reduction plant at its Dillinger steel mill, according the online publication Hydrogen Insight.

GrafTech Names New CEO

27 March 2024 - Ohio-based graphite electrodes manufacturer GrafTech International Ltd. has given its interim chief executive officer the role on a permanent basis.

U.S. DRI Projects Receive Federal Support

25 March 2024 - Cleveland-Cliffs Inc., SSAB and Vale will share up to US$1.4 billion in federal funding supporting several proposed decarbonization projects.

Nippon Steel: We Would Make Pittsburgh Our U.S. HQ

21 March 2024 - Nippon Steel is promising to move its U.S. headquarters from Texas to Pittsburgh, Pa., should its planned acquisition of United States Steel Corporation come to pass, the Reuters news service reports.

Pacific Steel Receives OK on Planned Rebar Mill

21 March 2024 - Pacific Steel Group has won local permitting approval for its planned rebar micro-mill in California, reports The Bakersfield Californian newspaper.

Turkish Wire Rod Mill Issues Final Acceptance Certificate on Modernization Project

21 March 2024 - Primetals Technologies has received the final acceptance certificate for a wire rod mill modernization project at Kaptan Demir Çelik in Marmara Ereğlisi, Turkey, the company has announced.

Jindal Steel Inaugurates New Hot Strip Mill

21 March 2024 - Jindal Steel Odisha Ltd. has rolled the first coil on its new SMS group-built hot-strip mill, the equipment supplier has announced.

Nucor Teams With Google, Microsoft on Electricity Procurement

20 March 2024 - Nucor Corp. will work with Google LLC and Microsoft Corp. to meet their collective electricity needs together and develop procurement models designed to accelerate the development of first-of-a-kind and early commercial projects, including advanced nuclear, next-generation geothermal, clean hydrogen, long-duration energy storage.

Finkl Steel Parent Might Put Company on Sales Block

20 March 2024 - Swiss Steel Group is weighing whether to divest its specialty steel arm in North America, reports Recycling Today.

ANDRITZ Lands Order for Processing Line Upgrade

20 March 2024 - ANDRITZ has been contracted to upgrade a 32-year-old push pickling line at Salzgitter Flachstahl, the company has announced.

Japanese DRI Demonstration Project Selects ENERGIRON Technology

20 March 2024 - Tenova and Danieli will lend their ENERGIRON direct reduction technology to a demonstration project intended to test full hydrogen reduction with low-grade iron ore.

‘Our Transaction Delivers Clear Benefits to U. S. Steel,’ Says Nippon Steel

18 March 2024 - Nippon Steel Corp. is reiterating what it says are the benefits of its planned acquisition of United States Steel Corporation, arguing that the deal would bolster U.S. supply chains.

A Scrap Shortage Is Coming. Steel Producers Should Act Now, Says Boston Consulting Group

14 March 2024 - A global 9-million-metric-ton scrap surplus could become a 15-million-metric-ton deficit by 2030 as more producers adopt EAF technology to meet decarbonization goals, according to a new forecast from the Boston Consulting Group.

Biden Weighs in on U. S. Steel Acquisition

14 March 2024 - U.S. President Joe Biden is opposed to Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, saying Thursday that it is important that the U.S. maintain “strong American steel companies powered by American steel workers,” according to the Associated Press.

Nucor Signs Five-Year Pellet Agreement

14 March 2024 - Nucor Corp. has reupped a commercial agreement with Brazilian iron ore miner Samarco, signing a five-year supply agreement for iron ore direct reduction pellets.

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