Steel News

Algoma, USW Shake Hands on Tentative Labor Pact

23 August 2022 - Algoma Steel and union negotiators have reached a tentative labor agreement, averting a potential work stoppage, the union and the company said on Tuesday.

Goncalves: Electric Vehicle Makers Turning to Steel

23 August 2022 - Material substitution is an ever-present threat for the steel industry, but it may have an edge in one particular market, according to Cleveland-Cliffs Inc. chief executive Lourenco Goncalves.

Nucor Sheet Mill Construction to Begin this Fall

23 August 2022 - Construction on Nucor Corp.’s West Virginia sheet mill is set to begin in October, kicking off a project that will take two years and employ more than 1,000 construction workers, reports the online WVNews.com.

H2 Green Steel, BMW Group Sign Final Agreement on CO2-Reduced Steel Delivery

19 August 2022 - BMW Group and startup steel producer H2 Green Steel have signed a final agreement on delivery of CO2-reduced steel, solidifying plans for the automaker to take some of the plant’s output.

voestalpine Plans Upgrades to Galvanizing Lines

19 August 2022 - voestalpine is investing nearly EUR100 million to expand the galvanizing lines at its Linz, Austria, site, allowing for quality increases in zinc-coated and uncoated cold-rolled strip.

Collaboration Between EAF Producers, Energy Department Will Create New Model for Green Steel, SMA Says

16 August 2022 - The Steel Manufacturers Association (SMA) has offered its support for parts of the Inflation Reduction Act that are meant to promote industrial growth while decreasing air emissions.

SMS group Contracted for Rolling Mill Build

16 August 2022 - Spain’s Megasider Zaragoza S.A.U. has ordered a new merchant bar mill from SMS group, the equipment supplier has announced.

U. S. Steel Looks to Help Advance Clean Energy Hub

16 August 2022 - United States Steel Corporation will cooperate with two energy companies on advancing a clean energy hub in Ohio, West Virginia and Pennsylvania, the steelmaker said on Tuesday.

BlueScope Steel Plants a Much Bigger Flag in the U.S.

15 August 2022 - North Star BlueScope Steel has begun ramping up the addition to its Delta, Ohio, USA, plant after having produced the first prime coil in June, the company reports.

Despite Sale, Work Progresses on Colorado Rail Mill

12 August 2022 - Although EVRAZ North America parent EVRAZ plc has put the operation up for sale, it’s business as usual for the operation, with work continuing to progress on its new rail mill in Colorado.

Danieli Lands Order for Malaysian Slab Caster

12 August 2022 - Eastern Steel in Malaysia has contracted Danieli to build a new slab caster for its plant in Chukai, Terengganu, West Malaysia, Danieli has announced.

EVRAZ Looks to Divest North American Business

11 August 2022 - Russia's EVRAZ will begin courting buyers for its EVRAZ North America arm, placing the continent's largest producer by volume of steel rail and large-diameter pipe on the sales block, the company has announced.

EU Steel Producers Throttle Back Production

11 August 2022 - Softening demand, driven in part by lowered automotive production, has prompted a number of European steel producers to idle blast furnaces and other production assets, according to the Eurometal trade association.

Stelco Starts Co-Gen Plant, Posts Q2 Profits, Despite Business Headwinds

11 August 2022 - Stelco started up a 65-megawatt co-generation plant at its Lake Erie Works in the second quarter, which proved profitable in spite of economic headwinds, company executives said on Thursday.

U. S. Steel Releases Inaugural DE&I Report

10 August 2022 - United States Steel Corporation has published its first-ever diversity, equity and inclusion report, highlighting the successes the company has had in building a more equitable and representative workforce.

Tosyali Finds There’s Room Enough for This Array Up on the Roof

10 August 2022 - Turkish steelmaker Tosyali has installed a 140-megawatt solar farm – on the roofs of its mill buildings.

Steel Processor Sets Up Shop at Nucor Plate Mill

05 August 2022 - Metals processor and distributor Kloeckner Metals Corp. will build a plate processing facility on the campus of Nucor Corp.’s Kentucky plate mill, the company has announced.

Gerdau North America Expands Rail Offerings

05 August 2022 - Gerdau’s North American long steel division has closed its acquisition of a rail products manufacturing operation in Quebec, Canada, the company said Friday.

Gerdau Plans Capacity Boost at Texas Mill

04 August 2022 - Gerdau SA will invest approximately US$54.7 million to expand the capacity of its Midlothian, Texas, USA, bar mill, the company said in its second-quarter earnings release.

voestalpine Embarks Upon Process Control System Update

03 August 2022 - voestalpine has upgraded the process control systems for the three converter lines at its LD3 steel plant in Linz, Austria, reports the technology supplier on the project.