Industry
Latest News
Nearing First Heats on New EAF, North Star Eyes HSM Improvements
19 August 2021 - U.S.-based North Star BlueScope Steel said it is laying plans for a potential AU$100 million (approximately US$71.6 million) project to lift its hot strip mill capacity.
Annika Roos Tapped to Lead Jernkontoret
18 August 2021 - The association of Swedish steelmakers, Jernkontoret, has named Sandvik’s Annika Roos as managing director, reports Kallanish Commodities.
ATI Sells Off Flowform Products Business
18 August 2021 - Allegheny Technologies Inc. (ATI) announced this week the sale of its Flowform Products business unit to Consolidated Boring Inc. for US$55 million in cash.
Tata Steel Expresses Interest in Purchasing RINL
18 August 2021 - According to its chief executive, Tata Steel is interested in acquiring state-owned Rashtriya Ispat Nigam Ltd. (RINL).
BlueScope Steel Sets Carbon Net-Zero Goal
18 August 2021 - Australia’s BlueScope Steel will allocate AU$150 million to near-term environmental goals and will work toward achieving net-zero carbon emissions by 2050, the company has said.
Schnitzer Steel Acquires Eight Scrap Yards, Restarts Cascade Steel Meltshop
18 August 2021 - Oregon-based Cascade Steel Rolling Mills is restarting production following a May 2021 meltshop fire as its corporate parent looks to close an acquisition of a southeastern U.S. scrap recycler.
Danieli Nabs Order for Greenfield Wire Rod Mill
17 August 2021 - Russia’s Novorossiysk Rolling Plant LLC will build a 600,000-metric-ton wire rod mill using Danieli technology, the equipment supplier reports.
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.
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