Steel News

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.

Primetals Technologies, Metinvest Partner on Decarbonization Tech Development

14 July 2021 - Primetals Technologies and Ukranian steel producer Metinvest have agreed to work together on developing decarbonization technologies.

ArcelorMittal Announces Plans for Spanish Hydrogen DRI Plant

13 July 2021 - With support from the Spanish government, ArcelorMittal is investing EUR1 billion in a hydrogen-fueled direct reduction plant and will set up what it called the world’s first full-scale steel mill that emits no carbon dioxide into the atmosphere.

Russian Mill Puts Danieli Rolling Stands on Order

13 July 2021 - Russia’s Abinsk Electric Steel Works has ordered two replacement rolling mill stands from Danieli, the equipment manufacturer has announced.

Tenova Wins Contract for Electrical Steel Process Line

13 July 2021 - NLMK Group’s VIZ-Stal has ordered a decarburization and coating line from Tenova LOI Thermprocess, Tenova has announced.

Refractories Manufacturer Sees Successful Trial of Phenol-Free Brick

09 July 2021 - South Korean refractories maker Wonjin Worldwide has developed a phenol-free refractory brick, which already has undergone successful trials at a Korean electric arc furnace (EAF) mill.

Danieli Cast-Roll Line Exceeds Rated Capacity

09 July 2021 - A Danieli-built cast-roll mill in China has reached a new operational milestone, producing nearly 190,000 metric tons per month and running at 109% of design capacity.

Air Liquide Lays EUR100 Million Investment in Air Separation Unit

09 July 2021 - Air Liquide will build what it says is the global steel industry’s single largest air separation unit as part of a long-term supply agreement with China’s Jiangsu Shagang Group.

Rio Tinto, POSCO Partner on Decarbonization Solutions

08 July 2021 - Iron ore miner Rio Tinto and South Korea’s largest steel producer have agreed to work together on developing technologies enabling the transition to a low-CO2 steel value chain.

SDI Sets 2050 Carbon Neutrality Goal

07 July 2021 - Steel Dynamics Inc. (SDI) has joined the list of steel producers pledging carbon neutrality, announcing Wednesday that it hopes to achieve the goal by 2050.

Canada Backs Algoma Process Conversion

06 July 2021 - The Canadian government is committing up to CA$420 million to support a planned process conversion at Algoma Steel Inc.

Renewed Contract Builds on SSAB, Harsco Relationship

06 July 2021 - Environmental services contractor Harsco Corp. has renewed its service contract with SSAB America’s Montpelier, Iowa, USA, mill.

AIC Wraps Rolling Mill Project, Announces Contract Award

06 July 2021 - Italy’s Automazioni Industriali Capitanio s.r.l. (AIC) has completed upgrades to Gerdau’s bar mill in Cambridge, Ont., Canada, and will be undertaking a project at another of the steelmaker's plants.