Steel News

Outokumpu Exits Stainless Long Steel Market

06 April 2023 - Finnish stainless producer Outokumpu is divesting the last of its long products business, selling its Degerfors and Storfors facilities in Sweden to stainless long steel specialist Cogne Acciai Speciali.

Danieli Lands Order for Vertical Bloom Caster

05 April 2023 - China First Heavy Industries (CFHI) has contracted Danieli to build a semi-continuous jumbo bloom caster, the equipment supplier reports.

LIBERTY Steel Announces Plans for Australian EAF, DRI Plant

04 April 2023 - LIBERTY Steel will replace the coke ovens and blast furnace at its Whyalla steel works in Australia with a direct reduction plant and electric arc furnace (EAF), the steelmaker announced on Tuesday.

Algoma Expects Improved Shipments in Fiscal Q4

04 April 2023 - Canada’s Algoma Steel expects to report fiscal adjusted EBITDA earnings of CA$25 million to CA$30 million the fiscal fourth quarter, the company has said.

Midrex Technologies Announces Leadership Transition

04 April 2023 - Midrex Technologies Inc. president and chief executive Stephen Montague plans to retire next spring, setting up chief operating officer K.C. Woody to succeed him.

ArcelorMittal to Partner With Bamesa on Low-Carbon Projects

30 March 2023 - ArcelorMittal Europe – Flat Products and international service center firm Bamesa signed a memorandum of understanding (MoU) yesterday to explore the reduction of scope 3 emissions and increase testing of the usage of recycled steel in low-carbon-emissions products.

Primetals Technologies Tapped for Nucor Steel–Berkeley Galvanizing Line

29 March 2023 - Nucor Corp. has selected Primetals Technologies to supply a 500,000-ton-capacity galvanizing line at its sheet mill in Huger, S.C., USA, the equipment supplier announced today.

SSAB Introduces a Green Steel, and New Growth Targets

28 March 2023 - SSAB has unveiled a branded steel made from scrap and produced with fossil-fuel-free energy.

KOCKS Lands Orders From Two SBQ Mills

28 March 2023 - Rolling and sizing specialist Friedrich KOCKS GmbH & Co. has received two separate orders for its reducing and sizing blocks from Chinese steelmakers, the equipment manufacturer has announced.

CELSA Group Trials Machine Learning Software in Nordic Meltshop

28 March 2023 - CELSA Group’s Norwegian rebar and wire rod mill has launched a pilot program with a machine learning specialist to implement its production optimization software.

GM Recognizes Three Steel Producers

27 March 2023 - Cleveland-Cliffs Inc., Nucor Corp. and POSCO again have taken home supplier honors from General Motors (GM).

Supreme Court Turns Down Challenge to Section 232 Steel Tariffs

27 March 2023 - The U.S. Supreme Court has declined to consider an appeal arising from former President Donald Trump’s Section 232 tariffs on iron and steel, reports the Reuters news service.

Indian Steel Producer Contracts Danieli for Bar Mill Build

23 March 2023 - Danieli has received an order for two high-speed rebar mills from India’s Rungta Group, the plant engineer has announced.

Outokumpu to Consider Nuclear as a Way to Power Steelmaking

23 March 2023 - Outokumpu has signed a memorandum of understanding with Finnish energy producer Fortum to explore the use of nuclear power in its steel operations.

U. S. Steel Puts a Name to Its Latest Electrical Steel

23 March 2023 - With United States Steel Corporation nearing the end of construction on its electrical steel line in Arkansas, the company is introducing a branded line of non-oriented electrical steel.

voestalpine Board OKs EUR1.5 Billion EAF Installation

22 March 2023 - voestalpine will proceed with a EUR1.5 billion investment in two electric arc furnaces (EAFs), with construction expected to start next year, the steelmaker said on Wednesday.

CMC Expands Downstream Construction Reinforcement Business

21 March 2023 - Commercial Metals Company (CMC) has acquired Georgia-based post-tensioning contractor Tendon Systems LLC for an undisclosed amount, the company has said.

Nucor Sheet Mill Complete Software Upgrade

21 March 2023 - Nucor Corp.’s Gallatin sheet mill in Kentucky has implemented a new production planning and scheduling system from SMS group, the plant engineer has said.

U. S. Steel Returns Idled Blast Furnace to Service

20 March 2023 - Improving demand and rising prices have prompted United States Steel Corporation to restart an idled blast furnace.

Steel Manufacturers Association Adds TimkenSteel to Its Roster

20 March 2023 - Special bar quality producer TimkenSteel has joined the Steel Manufacturers Association (SMA), and the steelmaker’s chief executive has joined the trade association’s board of directors.