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Latest News

Olympic Steel Selling Detroit Assets and Operations

20 September 2021 - Olympic Steel announced the sale of its Detroit, Mich., USA, operations and assets.

U. S. Steel Anticipates Strong Third Quarter

20 September 2021 - United States Steel Corporation has provided guidance for the third quarter of 2021, which the company calls a “quarter of records,” according to a press release.

Nucor to Build 3-Million-Ton State-of-the-Art Sheet Mill

20 September 2021 - Nucor Corp. announced today its plans for a US$2.7 billion, 3-million-ton sheet mill to serve the Midwest and Northeast U.S. markets.

ArcelorMittal Commits US$100 Million to Breakthrough Energy’s Catalyst Program

20 September 2021 - ArcelorMittal has joined green technology accelerator Breakthrough Energy’s Catalyst initiative as an anchor partner and will invest US$100 million to help fast-track industrial decarbonization, the steelmaker announced today.

JSW Outlines Digital Transformation Agenda for Smart Steel Factories

17 September 2021 - JSW Steel has unveiled sweeping plans to transform its Indian steelmaking operations to a smart steel manufacturing network powered through Industry 4.0 technology, reports the Hindu Business Line newspaper.

U. S. Steel Considering US$3 Billion Flat-Rolled Mini-Mill

16 September 2021 - United States Steel Corporation on Thursday revealed plans for a new 3-million-ton mini-mill to be built somewhere in the United States.

Primetals Technologies Supplying Plate Mill for Kobe Steel

16 September 2021 - This summer, Primetals Technologies received an order for a steel plate finishing mill from Kobe Steel Ltd., the supplier has announced.

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.

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