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Latest News

Tenaris Reopens Two Pennsylvania Manufacturing Facilities

16 September 2021 - Manufacturing facilities in Koppel and Ambridge, Pa., USA, were reopened this week, the company announced via press release.

Nucor Expects Record Third-Quarter Earnings

16 September 2021 - In announcing guidance for its third quarter, Nucor Corp. today said its earnings are expected to be the highest quarterly earnings in the company’s history.

Arvedi Set to Purchase Acciai Speciali Terni

16 September 2021 - thyssenkrupp announced today its plans to sell its stainless unit Acciai Speciali Terni (AST), including its sales organization in Europe, to Italy’s Arvedi, according to S&P Global Platts.

Tata Steel Takes the Hydrogen Route at IJmuiden

16 September 2021 - The steelmaker on Wednesday announced plans to adopt hydrogen steelmaking technologies at its steel works in IJmuiden, Netherlands.

Steel Dynamics Secures Tax Break for Heartland Expansion

15 September 2021 - Local officials in Indiana have approved an economic incentive for a potential Steel Dynamics Inc. (SDI) expansion in the state, the Tribune-Star newspaper reports.

SDI Sees Another Profitable Quarter on the Horizon

15 September 2021 - Steel Dynamics Inc. (SDI) is forecasting a record third quarter, driven again by strong demand and elevated prices.

Report: Teck Resources Mulling Divestment of US$8 Billion Steelmaking Coal Operations

15 September 2021 - Canadian mining giant Teck Resources Ltd. is reportedly considering sale or spin-off its metallurgical coal business, according to Bloomberg News.

Finnish Government Takes Over Control of SSAB Shares

15 September 2021 - The government of Finland on Tuesday announced it will be taking direct control over shares in the Swedish steel producer in a move toward carbon neutrality.

Tata Steel Commissions Carbon Capture Plant at Jamshedpur

15 September 2021 - The steelmaker on Tuesday commissioned a 5-metric-ton-per-day carbon capture plant at its Jamshedpur Works, becoming India’s first steel producer to use carbon capture technology to extract CO2 directly from blast furnace gas.

Quaker Houghton Names New CEO

14 September 2021 - Industrial process fluids supplier Quaker Houghton have tapped Andrew Tometich to lead its operations as chief executive officer and president, effective 1 December.

NLMK Increases Capacity for Electrical Steels

14 September 2021 - The Russian steelmaker announced that it has commissioned a laser treatment unit for grain-oriented electrical steel, making it NLMK’s fourth such production line.

Danieli Secures Order for Drawing Bench

13 September 2021 - Acciai Trafilati Rettificati (ATR) has tapped the equipment supplier for a new pinion/rack drawing bench for its facilities in Orsenigo, Italy, according to a press release from Danieli.

Tata Steel Netherlands CEO Pledges To Go Carbon Neutral

13 September 2021 - Hans van den Berg, Tata Steel Netherlands’ chief executive officer, promised on Saturday that the steel producer would make significant changes to reduce its carbon emissions.

ArcelorMittal to Undertake Mining Project in Liberia

13 September 2021 - The steelmaker signed a landmark agreement on Friday with the government of the Republic of Liberia for one of West Africa’s largest mining projects.

Vale’s New Green Briquette Lowers Emissions Up To 10%

10 September 2021 - Brazilian mining company Vale announced yesterday that it has developed a new iron ore briquette capable of cutting greenhouse gas emissions by up to 10%.

Liberty Steel Invests in New Pipe Coating Line

09 September 2021 - The company announced Wednesday that they are investing US$7.4 million in a coating line for pipes produced by its specialist unit in Galati, Romania.

World’s Largest Steelmaker Signs MoU for Possible Plate Mill JV in Saudi Arabia

09 September 2021 - Chinese steel giant Baoshan Iron & Steel Co. (Baosteel) has joined forces with the world’s largest oil-producing company to pursue development of a steel plate mill in Saudi Arabia, reports the Reuters news service.

Specialty Metals Processing Joins Ryerson Family of Companies

09 September 2021 - Ryerson Holding Corp. this week announced it has acquired Ohio-based toll processor Specialty Metals Processing (SMP).

Schnitzer Steel to Rely on On-Site Battery Energy Storage System

09 September 2021 - West Coast-based Schnitzer Steel Industries Inc. announced that it has contracted PowerFlex – an EDF Renewables Company to provide a 1,600-kW battery energy storage system at its Oakland, Calif., USA, facility.

SSAB’s Fossil-Free Steel To Be Used in Cargo Handling

08 September 2021 - Cargo and load handling solutions provider Cargotec has made plans to use SSAB’s fossil-free steel in its equipment, SSAB announced on Tuesday.

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