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Latest News

To Keep Steel at Home, China Drops Rebate on Export Tax

29 April 2021 - China is rescinding an export tax rebate on a range of steel products and lifting tariffs on some imports, an effort to reduce output but sustain its own domestic market, reports the Bloomberg news service.

Paul Wurth, Partners Prepare to Start Tests on CO2 Reduction Technology

29 April 2021 - SMS group’s Paul Wurth unit, in cooperation with Saarstahl and Dillinger, is preparing to start a pilot-scale plant that will covert coke oven gas into a reducing agent injected into a blast furnace.

Nucor Nears Completion of Two Major Capital Projects

29 April 2021 - Nucor Corp. expects to commission an expanded meltshop in Kentucky and a new galvanizing line in Arkansas in the second half of this year as it continues to progress on its greenfield plate mill, company executives have said.

Iron Ore Prices Set New Record

29 April 2021 - Steel prices have taken off as global demand recovers, but so too have iron ore prices, reports commodities news and pricing service S&P Global Platts.

Rising Steel Prices Prompt BlueScope to Raise Earnings Expectations

27 April 2021 - Australian steel producer BlueScope is revising up its second-half earnings forecast, largely due to the strength in the U.S. sheet market and performance of the company’s North Star mill.

In India, Medical Oxygen Is in Short Supply. Steelmakers Are Trying to Help.

27 April 2021 - As India battles a severe second wave of COVID-19 cases, Indian steel producers are helping to fill critical shortages of medical oxygen, reports Quartz India.

Danieli, Severstal Ink Deal for BF Modernization

27 April 2021 - Danieli Corus has been awarded a contract to modernize a Russian blast furnace, the company has announced.

Nucor: A Record Quarter Is on the Books, Another Could Be Coming

22 April 2021 - Nucor Corp. saw its first-quarter earnings soar to a record US$942.4 million on strength in demand and high average selling prices, the company announced Thursday.

SDI Reports Record Q1 Profit, Prepares to Start Parts of Texas Mill

22 April 2021 - Steel Dynamics Inc. (SDI) is reiterating expectations that it will start process lines at its new flat-rolled mill late this spring.

U. S. Steel Unveils New Emissions Target: Net Zero by 2050

21 April 2021 - United States Steel Corporation is raising its climate goals, aiming for net-zero carbon emissions by 2050, the company announced Wednesday.

SMS group Brings Paul Wurth Fully Under Its Roof

21 April 2021 - SMS group has acquired the remaining stake in its Paul Wurth unit from the Luxembourg government and state-owned banks, making it the sole owner of the plant engineering business, the company announced Wednesday.

ABS Becomes Reference for New Danieli Scrap System

21 April 2021 - Danieli’s steelmaking division, Acciaierie Bertoli Safau, is investing in a new Danieli technology that automatically sorts and processes scrap before it is charged into a furnace.

Local Planners OK Commercial Metals Mill Development

21 April 2021 - Commercial Metals Company’s planned micro-mill has cleared a local development hurdle, receiving approval from the Mesa, Ariz., city council and the planning and zoning board, reports The Mesa (Arizona) Tribune.

Recycled Zinc Alloy Clears Product Trials

21 April 2021 - Mill byproducts recycler American Zinc Recycling (AZR) has successfully trialed a zinc alloy suitable for use in continuous galvanizing lines, the company reports.

Gerdau Plans SBQ Investments in Brazil

19 April 2021 - Gerdau SA will invest approximately BRL1 billion (approximately US$180 million) in its Brazilian special steel operations, the company announced on Monday.

Tenaris to Resume Production at Steel Shop, Pipe Mill

19 April 2021 - Tenaris is nearing completion of improvements to its Koppel, Pa., USA, steel shop and is planning to soon restart operations there and at its Ambridge, Pa., seamless pipe mill.

Steel Caucus Urges Buy American Provisions in Infrastructure Plan

19 April 2021 - Any infrastructure and economic recovery bills must include domestic procurement provisions, especially for sourcing steel, the Congressional Steel Caucus has written in a letter to Congressional leadership, reports The Times newspaper of northwest Indiana.

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