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Latest News

POSCO, Adani Group Sign US$5 Billion MoU for Eco-Friendly Integrated Mill

14 January 2022 - This week South Korean steelmaker POSCO and Indian infrastructure and energy conglomerate Adani Group signed a memorandum of understanding (MoU) that includes plans for a “green, environment-friendly” integrated steel mill to be built in Gujarat, India.

Metinvest Announces Multi-Billion-Dollar Commitment to Decarbonization

14 January 2022 - Ukrainian steelmaker Metinvest will spend US$20–30 million in the coming years to replace its aging blast furnaces with electric arc furnace (EAF) technology, reports the Reuters news service.

Country Roads Take Nucor to Its New Home, West Virginia

12 January 2022 - Nucor Corp. will build its planned US$2.7 billion sheet mill along the Ohio River in West Virginia, the company announced Wednesday afternoon.

U. S. Steel Chooses Arkansas for Site of US$3 Billion Mill

12 January 2022 - United States Steel Corporation will build its next-generation electric steelmaking facility near its Big River Steel plant in Osceola, Ark., USA, the company said yesterday.

Stelco to Recycle EV Batteries

12 January 2022 - The Canadian steelmaker has entered into an agreement with Primobius, a joint venture between Neometals Ltd. and SMS group, for the commercialization of electric vehicle (EV) battery recycling and processing.

voestalpine Starts Up 3D Sand Printer for Steel Casting

12 January 2022 - voestalpine’s steel and technology group is now operating what it calls Europe’s most advanced 3D sand printer for heavy steel castings.

thyssenkrupp Signs Supply Contract for Electrolysis Plant

12 January 2022 - thyssenkrupp Uhde Chlorine Engineers has signed a supply contract with Shell for a project called Hydrogen Holland I.

Jindal Shadeed Iron and Steel Renews Contract With Harsco Environmental

11 January 2022 - Harsco Corp. announced last week that Oman’s Jindal Shadeed Iron and Steel LLC (JSIS) has re-upped its contract with the company’s Environmental division.

CMC Reports Record First-Quarter Results

11 January 2022 - Commercial Metals Company (CMC) yesterday announced financial results for its fiscal first quarter ending 30 November 2021, which included record core EBITDA levels for the third consecutive month.

Commercial Metals Company To Build New Micro-Mill in Eastern U.S.

10 January 2022 - Commercial Metals Company (CMC) announced this morning that it intends to build a brand-new long products micro-mill somewhere in the eastern United States.

ATI California Facility Sold to Ulbrich Stainless

10 January 2022 - Steel re-roller and distributor Ulbrich Stainless Steels & Special Metals Inc. has acquired ATI Specialty Rolled Products’ Pico Rivera, Calif., USA, service center, according to an official press release.

POSCO and HBIS Break Ground on Automotive Sheet Joint Venture

10 January 2022 - POSCO and HBIS Group announced last Friday that work has begun on a new US$647 million sheet mill located in China’s Hebei province, reports the Reuters news service.

AISI: Preliminary Steel Import Volumes Up Nearly 50% From 2020

06 January 2022 - The U.S. imported 32.6 million net tons of steel in 2021, up 48.2% from the prior year’s total, according to preliminary numbers.

New Year Brings New Tariff Quota System for EU Steel Imports

05 January 2022 - New import rules for EU-made steel took effect this week, capping shipments at 3.3 million metric tons before tariffs kick in.

Texas Slitting Line Enters Service

05 January 2022 - Toll processor Ferrous 85” Co. has put a massive new slitter into commercial operation at Steel Dynamics Inc.’s (SDI) Sinton, Texas, USA, flat-rolled mill, the company reports.

Mazzella Companies Expands U.S. Footprint Through CIS Acquisition

05 January 2022 - Overhead lifting and rigging equipment manufacturer and distributor Mazzella Companies has acquired Contractors & Industrial Supply Co. Inc. (CIS) for an undisclosed amount, the company has announced.

Danieli Corus Tapped for Two Blast Furnaces for Hoa Phat

05 January 2022 - The two blast furnaces will add 5.6 million metric tons per year of capacity to the Vietnamese steelmaker’s Dung Quat steel complex II, according to Danieli.

Report: ArcelorMittal and Partners Receive €10M for Electrolysis Plant in Bremen

04 January 2022 - According to reports, ArcelorMittal Bremen, swb AG and EWE AG have received a subsidy of more than €10 million to construct a 12-MW electrolysis plant in Bremen, Germany, to produce green hydrogen by means of renewable energy.

AZZ Inks Deal to Purchase Steel Creek Galvanizing

04 January 2022 - AZZ Inc. announced yesterday that it has acquired South Carolina, USA-based galvanizer Steel Creek Galvanizing Co. LLC for an undisclosed sum.

Essar Group Completes Land Deal for Saudi Arabian Mill

21 December 2021 - India’s Essar Group has signed for 3 million square meters of land in Saudi Arabia, where it plans to build a flat-rolled steel plant, reports Kallanish Commodities.

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