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Latest News

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.

Nucor to Acquire Steel Racking Manufacturer in US$370M Deal

20 July 2021 - Nucor Corp. is expanding its portfolio of downstream businesses, announcing Tuesday that it will acquire racking manufacturer U.S.-based Hannibal Industries for US$370 million.

SDI Posts Another Record Quarter: 'We Can't Make Enough Steel'

20 July 2021 - Steel Dynamics Inc. posted a record second quarter on Monday and said it potentially could do even better in the three months ahead.

China Baowu Steel Could Grow Even Larger

19 July 2021 - The world’s largest steel producer could reinforce its position through a potential acquisition of another Chinese producer, reports Nikkei Asia.

Indian Mills Select Danieli Service for Caster Updates

19 July 2021 - Two Indian steel producers have contracted Danieli Service to upgrade and provide spare parts for their slab casters.

Nucor Commits to Lowering CO2 Emissions Intensity

15 July 2021 - Nucor Corp. will move to reduce the greenhouse gas emissions intensity of its steel mills, taking its CO2 emissions per ton of steel to 77% less than today’s global average, the company announced Thursday.

Report: DRI Has a Raw Materials Problem

14 July 2021 - Growth of direct reduced iron (DRI) likely will be hindered by inadequate supplies of high-quality iron ore, according to a new paper from management consultancy McKinsey & Co.

EU Formally Proposes Carbon Border Adjustment Tax

14 July 2021 - The European Commission on Wednesday unveiled a carbon border adjustment tax as part of a sweeping plan meant to combat climate change.

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