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Latest News

ArcelorMittal Commits Additional US$30 Million to LanzaTech Carbon Capture Technology

14 December 2021 - ArcelorMittal, through its XCarb™ innovation fund, will invest US$30 million in carbon capture and utilization (CCU) company LanzaTech, according to an official press release.

thyssenkrupp Awarded 2-GW Electrolysis Installation Contract

14 December 2021 - thyssenkrupp was awarded a contract to supply a 2-GW electrolysis plant to NEOM, one of the world's largest green hydrogen projects.

Reliance Steel & Aluminum Co. Makes Two Acquisitions

14 December 2021 - California-based metals service center Reliance Steel & Aluminum Co. announced two acquisitions this week, of Admiral Metals Servicecenter Co. Inc., a distributor of non-ferrous metal products, and of Nu-Tech Precision Metals Inc., a manufacturer of specialty extruded metals, fabricated parts and welded components.

Nucor Stakes Majority Claim to California Steel Industries

13 December 2021 - In a press release, Nucor Corp. announced today that it entered into agreements to acquire a majority ownership position in California Steel Industries Inc. (CSI), consisting of a 50% equity interest from a subsidiary of Vale S.A. and 1% from JFE Steel Corp.

Primetals Technologies Starts Up Continuous Casters at JSW

13 December 2021 - In October 2021, two continuous slab casters supplied by Primetals Technologies were started up at JSW Steel Ltd.’s Dovi plant in Maharashtra, India.

Danieli to Supply Bar-in-Coil Line for Arjas Steel

13 December 2021 - Danieli has been tapped by Arjas Steel to supply a new bar-in-coil line which will produce bars in coil for both international and domestic markets.

This New Railcar Hauls More Cargo With Less Energy Thanks to High-Strength Steel

13 December 2021 - United States Steel Corporation, in partnership with rail giant Norfolk Southern and freight builder Greenbrier, have developed and launched a next-generation sustainable railcar made of advanced high-strength steel.

POSCO to Shift Steel Operations to New Holding Company

13 December 2021 - South Korean steelmaker POSCO announced last week that it plans to spin off its steelmaking arm into a separate, unlisted holding company, POSCO Holdings Inc.

American Precoat Opens Automotive-Grade Electro-Galvanized Steel Plant in India

13 December 2021 - American Precoat Specialty Pvt. Ltd. has built a continuous electrogalvanized steel plant in Valsad, Gujarat, India, according to news outlet Zee News.

Report: Ezz Steel to Acquire Stake in Egyptian Steel

13 December 2021 - According to reports, Ezz Steel is set to acquire Ahmed Abou Hashima’s 18% stake in Egyptian Steel in a EGP 2.5 billion transaction.

SMS group to Acquire 50% Stake in Industrial Services Provider

13 December 2021 - SMS group announced last week it has entered into an agreement, together with Sweden-based investor Altor Fund V, to acquire a 50% stake in global industrial services company KAEFER.

voestalpine Unveils CO2-Reduced Steel

09 December 2021 - The company announced this week it is now offering a CO2-reduced version of the flat steel products produced at its steelmaking facility in Linz, Austria.

CMC to Acquire Tensar Corp.

08 December 2021 - Commercial Metals Company (CMC) announced yesterday it is to acquire subgrade soil reinforcement solutions provider TAC Acquisition Corp. (Tensar).

Primetals Technologies Completes Converter Upgrade at HBIS Group

08 December 2021 - The former basic oxygen furnace (BOF) converter at HBIS Group Handan Iron and Steel in Handan, China, was upgraded to a KOBM converter last month, according to Primetals Technologies.

Metso Outotec Goes Green With Circored

08 December 2021 - Finland’s Metso Outotec announced yesterday it has launched the next generation of the 100% hydrogen-based Circored™ process for fine ore production.

The Systems Group Commissions New EAF Roof, Elbow at Optimus Steel

07 December 2021 - In a press release, The Systems Group announced the commissioning last month of a new gravity-drained Spray-Cooled™ electric arc furnace (EAF) roof and elbow as part of a mill modernization at Optimus Steel in Beaumont, Texas, USA.

BlueScope Teams Up With Shell on Renewable Hydrogen Projects

07 December 2021 - The Australian steelmaker today announced that it has signed a Memorandum of Understanding (MoU) with Shell Energy Operations Pty Ltd. to develop renewable hydrogen projects at its Port Kembla Steelworks in New South Wales.

TenarisDalmine Lowers Emissions Through Expansion of Large-Diameter Line

07 December 2021 - In a statement, the company announced its facility in Dalmine, Italy, has completed an investment of more than EUR 20 million to expand the range of its medium-size rolling mill, and has reduced its carbon footprint in the process.

Nucor Announces US$350 Million Rebar Micro-Mill

06 December 2021 - The steelmaker announced today in an official press release that it will build a 430,000-ton rebar micro-mill in the South Atlantic region of the U.S.

Severstal to Sell Coking Coal Assets

06 December 2021 - The Russian steelmaker has announced that it has signed a binding agreement with OOO Russkaya Energiya to sell its coking coal assets, AO Vorkutaugol, for 15 billion roubles, according to an official press release.

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