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Latest News

New Effort Aims to Develop Syngas, Electrolysis Technologies

08 June 2021 - Two plant engineering groups have agreed to work together on promoting the combined use of syngas and electrolysis in the iron and steel industry.

Nucor Contracts KOCKS for Bar Mill Upgrade

08 June 2021 - German bar mill specialist KOCKS GmbH & Co. KG has received an order from Nucor for a 3-roll reducing and sizing block.

U. S. Steel Sells Railroad Operation for US$640M

08 June 2021 - United States Steel Corporation has agreed to divest its railroad unit for US$640 million and will use the proceeds to pay down debt.

Nucor Makes US$1B Acquisition in Construction Products Market

07 June 2021 - Nucor Corp. is taking a bigger step into the downstream construction market, announcing Monday that it has an agreement to acquire Cornerstone Building Brands’ insulated metal panel (IMP) business for US$1 billion in cash.

Tubemaker to Set Up Mill at SDI Site

07 June 2021 - Bull Moose Tube Co. has announced plans to build a 350,000-ton pipe and tube mill on the campus of a new flat-rolled steel mill in Texas.

Steel of West Virginia Tapped for Milestone Shipbuilding Project

07 June 2021 - Steel of West Virginia will supply 1,600 tons of a specialty bar product to what will be the first U.S.-flagged vessel designed to install offshore wind turbines.

worldsteel: China Propped Up Global Production in 2020

03 June 2021 - Despite the COVID-19 pandemic, global steel production climbed 0.5% in 2020 due to unyielding output from Chinese producers, according to newly published World Steel Association data.

Report: EU Readying Draft of Carbon Border Tax

03 June 2021 - The European Union is drafting a plan to impose a carbon border tax on steel and other goods and is set to unveil the plan next month, reports the Reuters news service.

Primetals Technologies Reports Successful Start-Up of Cast-Roll Line

01 June 2021 - An unidentified Chinese steel producer has started up a new Primetals Technologies Arvedi Endless Strip Production line and produced its first coil, according to the equipment manufacturer.

Gerdau Opts for Danieli Electrode Regulation System

01 June 2021 - Gerdau will outfit seven of its Brazilian mills with Danieli’s Q-REG electrode regulator system, according to the equipment manufacturer.

Stelco Signs MOU With Battery Recycler

28 May 2021 - Stelco is partnering with a developer of lithium-ion battery recycling technology to establish an electric vehicle battery recycling operation in North America.

The Biden Administration’s Tariff Dilemma

28 May 2021 - The Biden administration is facing a difficult decision when it comes to the Section 232 steel and aluminum tariffs, reports The Hill.

Steel Sector Lenders Launch Effort to Promote Industry Decarbonization

27 May 2021 - Six major steel industry lenders are working to set a framework for measuring the sector’s performance in meeting climate goals.

Primetals Technologies to Upgrade Plate Mill

26 May 2021 - Primetals Technologies has been contracted to modernize a Slovenian plate mill’s cycloconverter drives, the equipment manufacturer has announced.

Report: Carbon Fee Could Encourage Growth of American Steel

26 May 2021 - A group that is pushing for a carbon fee and carbon border adjustment as a means to cut carbon emissions has published a case study arguing that those measures could benefit the U.S. steel industry.

worldsteel: Industry, Government Cooperation Necessary for Low-Carbon Future

26 May 2021 - The global steel industry is committed to reducing its carbon footprint, but to succeed, the industry must have the right public policy framework in place, the World Steel Association (worldsteel) says in a new climate change policy paper.

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