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Industry
Latest News
Tenaris to Acquire Benteler Steel
11 July 2022 - Tenaris SA announced last week it would acquire U.S. seamless steel pipe producer Benteler Steel & Tube Manufacturing Corp. for US$460 million, according to the Reuters news service.
Hydrogen Hub Coming to Tangshan, China, in 5-Billion-Yuan Investment
11 July 2022 - The local administration of the Beijing-Tianjin-Hebei area will have a hub for the production of hydrogen by 2023, according to online news service Energy News.
China Sees Falling Steel Demand, Rising Inventories
07 July 2022 - China’s steel inventories have swelled to 23% more than year-ago levels as producers raise alarms over weakening demand, reports the Bloomberg news service.
Swiss Steel Inks Hydropower Purchase Agreement
07 July 2022 - The Swiss Steel Group has reached a decarbonization milestone, switching its Steeltec special steel mill fully over to hydroelectric power.
ArcelorMittal Finalizes HBI Plant Purchase
07 July 2022 - ArcelorMittal has completed its acquisition of a majority stake in a Texas hot briquetted iron (HBI) plant, the company reports.
Danieli Details Rod, Bar Plant Modernization Project
07 July 2022 - Rebar and wire rod producer Optimus Steel is set to bring on-line a new bar finishing line next year as it targets a 2024 completion to an ongoing rolling mill modernization, reports the equipment supplier on the project.
Tenova Lands Order for SouthEast Asia Meltshop
06 July 2022 - Tenova has won a contract to outfit a new meltshop in the Philippines, marking the introduction of its Consteel Evolution EAF technology to the country.
Environmental Court Grants Permissibility to Swedish Green Mill
06 July 2022 - H2 Green Steel, a start-up producer that is planning to build a hydrogen-based mill in Sweden, has cleared a regulatory hurdle and plans to start work later this month, the company has announced.
Long Products Maker Under New Leadership
06 July 2022 - Charter Manufacturing has named a veteran manufacturing executive to head its wire rod and special bar quality operation, the company has announced.
JFE Steel to Test CO2 Utilization Technologies in Two R&D Projects
01 July 2022 - JFE Steel Corp. recently announced it is moving forward with two R&D projects to develop technologies that will utilize CO2 in steelmaking processes that are expected to help the company achieve carbon neutrality.
Polish Rebar Producer Taps Danieli Spooler Line, Light-Section Mill
01 July 2022 - Danieli announced this week that rebar, merchant and quality steel bar producer Cognor has selected the company to supply a new spooler line and a new light section mill at its bar mill in Krakow, Poland.
New voestalpine Mill About to Make Its Debut
30 June 2022 - voestalpine is preparing to start its highly automated special steel plant in Kapfenberg, Austria, bringing to an end a project that has been four years in the making.
Consortium Reveals Plans for Hydrogen-Fed DRI Plant
30 June 2022 - A consortium that includes Primetals Technologies announced plans on Thursday to invest EU2.2 billion in a hydrogen electrolysis plant and associated direct reduced iron plant in France.
Fabricator Inaugurates Solar Farm Components Facility
28 June 2022 - Solar farm technology specialist Nextracker and its manufacturing partner have cut the ribbon on a Pittsburgh, Pa., USA, production facility that will make steel components for large-scale solar facilities.
U. S. Steel to Sell Two BFs, Hints at DRI Plant Under New Raw Materials Plan
28 June 2022 - United States Steel Corporation is expanding its raw materials capabilities, unveiling an upgrade to one of its Minnesota iron ore mines on Tuesday and saying that a direct reduction plant could be in its future. In addition, the company revealed a potential agreement to repurpose its Granite City, Ill., USA, blast furnaces.
JSW Steel Orders Grinding, Inspection Facility
27 June 2022 - Danieli has bagged an order from JSW Steel for a new slab grinding and inspection facility, which will be installed at the steelmaker’s Dolvi plant in Maharashtra, India.
Steelworkers Local Casting Ballots on Strike Authorization
27 June 2022 - Contract negotiations between Stelco and United Steelworkers at the company’s Nanticoke, Ont., plant in Canada have stalled, with union workers voting Monday on whether to authorize a strike, should negotiators deem one necessary.
Nucor Finalizes US$3 Billion Acquisition
24 June 2022 - Nucor Corp. has closed on its US$3 billion acquisition of C.H.I. Overhead Doors, completing a sale that expands its downstream steel products business.
Algoma Profit Share Sets New Record
24 June 2022 - Algoma Steel’s employee profit sharing program has set a new company record for the highest amount awarded to employees.
AIST Life Member Picked to Lead AISI Automotive Program
23 June 2022 - The American Iron and Steel Institute has named quality assurance expert and AIST Life Member Christopher Kristock to head its automotive program, the trade group has announced.
