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Latest News

Berry Metal Names New President

16 August 2021 - BOF and EAF equipment specialist Berry Metal Co. has promoted the head of its engineering services group to the president’s office, the company has announced.

thyssenkrupp Delays Steel Division Spinoff Until 2022

12 August 2021 - Buoyed by higher steel prices and rising demand, the German conglomerate will defer its planned spinoff of its Steel Europe division until next spring, according to Industry Europe magazine.

Nucor Completes Purchase of Insulated Metal Panels Business

11 August 2021 - Nucor Corp. has officially acquired Cornerstone Building Brands’ insulated metal panels (IMP) business for a price tag of around US$1 billion, the steelmaker announced yesterday.

Harsco Extends Contract With ASA

09 August 2021 - Harsco Environmental, a division of Harsco Corporation, has resigned their contract with Arkansas Steel Associates LLC (ASA) for another seven years.

Cleveland-Cliffs Inks 3-Year Labor Contract at Dearborn Works

09 August 2021 - The United Auto Workers (UAW) Local 600 has ratified a new labor contract with Cleveland-Cliffs Inc., the steelmaker announced Thursday.

SHS Group Acquires LIBERTY Steel’s French Operations

09 August 2021 - The parent company of Saarstahl and Dillinger have officially added two of LIBERTY Steel’s mills in France to its holdings, the company has announced.

Reliance Steel & Aluminum Co. to Acquire Merfish United

05 August 2021 - Reliance Steel & Aluminum Co. announced Wednesday that it has entered into a definitive agreement to acquire tubular building products distributor Merfish United.

Gerdau Boasts Best Quarterly Earnings Ever, Announces Brazilian Solar JV

04 August 2021 - Gerdau posted its highest-ever earnings in the second quarter of 2021, the company has announced.

Tenova Starts Up Two Walking Beam Furnaces at Ternium Pesquería

04 August 2021 - Two new walking beam furnaces (WBFs) were successfully started up at the new Ternium hot strip mill facility in Pesquería, Mexico.

thyssenkrupp Divests Mining Business

03 August 2021 - thyssenkrupp has sold off its mining arm in line with its ongoing restructuring efforts, the company announced last Friday.

SDI Has Heart Set on US$231 Million Expansion to Indiana Facility

03 August 2021 - Steel Dynamics Inc. (SDI) is seeking to pump US$231 million into improvements to its Heartland operations in Terre Haute, Ind., USA, reports the Tribune-Star newspaper.

U. S. Steel Reports a Stronger Q2 Than Last Year

03 August 2021 - United States Steel Corporation reported adjusted net earnings of US$964 million for the second quarter.

AM Dofasco Plans Process Route Shift

30 July 2021 - ArcelorMittal and the Canadian government have announced a CA$1.765 billion process route transition at the steelmaker’s Dofasco plant.

AISI Applauds Senate Agreement on Infrastructure Bill

29 July 2021 - The American Iron and Steel Institute (AISI) is urging legislators to pass an infrastructure plan after a bipartisan group of senators on Wednesday reached an agreement on its broader details.

Cleveland-Cliffs Completes Major Share Buyback; Announces Indiana Harbor BF Maintenance Outage

29 July 2021 - Cleveland-Cliffs Inc. has spent US$1.2 billion to buy back all of the shares in a special class of stock held by ArcelorMittal.

ArcelorMittal Reveals New Carbon Reduction Targets

29 July 2021 - ArcelorMittal plans to invest US$10 billion to accelerate plans for driving down carbon dioxide emissions.

Danieli Sets to Work on U.S.-Bound Rail Rolling Line

28 July 2021 - Mill equipment maker Danieli said it has begun building the machinery for EVRAZ North America’s new long-rail mill in Colorado.

Report: China Might Put More Taxes on Steel Exports

28 July 2021 - The Chinese government is considering additional tariffs on steel exports as a means to curb domestic production and reduce steel prices by keeping more of it at home, reports the Bloomberg news service.

Nucor's Q2 Earnings Were Its Best Ever

27 July 2021 - Nucor Corp. reported a record second quarter amid robust demand and higher average selling prices.

ANDRITZ Lands Order for Galvanizing Line Furnace

27 July 2021 - ANDRITZ has received an order from China-based Valin ArcelorMittal Automotive Steel Co. Ltd. for a furnace that will serve a new galvanizing line.

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