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Latest News

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.

Primetals Technologies Announces Add-on Order for Wire Rod Mill Project

27 July 2021 - Primetals Technologies has received a follow-on order from Turkish steel producer Kaptan Demir Çelik for an upstream rolling mill that will feed a new wire rod mill.

Salzgitter to Begin Shipping EAF-Made Steel to Auto Customer

23 July 2021 - Salzgitter will begin delivering EAF-produced strip steels to four Mercedes-Benz AG plants in Germany at the end of this year, the steelmaker has announced.

New Cold Mill Hits Production, Performance Benchmarks

23 July 2021 - A Danieli-built cold mill has exited ramp-up after achieving sustained production and performance, benchmarks, the equipment manufacturer reports.

Bad Weather Delays SDI Mill Construction

21 July 2021 - Heavy rains and flooding in southeastern Texas have forced Steel Dynamics Inc. (SDI) to delay the planned start of steelmaking at its new flat-rolled mill.

EVRAZ Marks Start of Work on Colorado Mill

20 July 2021 - EVRAZ North America has broken ground on its new long rail mill in Pueblo, Colo., marking the start of construction on its US$480 million investment.

ArcelorMittal Mills First to Receive ResponsibleSteel Certification

20 July 2021 - ArcelorMittal’s mills in Belgium, Germany and Luxembourg have received a corporate environmental, social, and governance certification through the new ResponsibleSteel™ initiative, the steelmaker said Tuesday.

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