Steel News

Japan's Government Wants to Jump-Start Green Steel Development

23 June 2021 - Japan hopes to speed up development of hydrogen-based steelmaking and help the country’s steel producers become leaders in green steel production, reports commodities news and pricing provider Argus Media.

Wire Rod Mill Undertakes Equipment Upgrade

22 June 2021 - The operator of a Texas wire rod mill has contracted Danieli to modernize its rolling line, Danieli has announced.

SSAB Reaches New Milestone in Green Steel Evolution

22 June 2021 - SSAB’s pilot-scale direct reduction plant has successfully produced about 100 metric tons of hydrogen-reduced sponge iron, a new milestone in its effort to produce fossil-fuel-free steels.

American Zinc To Be Acquired Through US$450M Deal

17 June 2021 - Mill environmental services contractor American Zinc Recycling is being sold to Luxembourg-based Befesa S.A., giving it its first North America operation and a foothold in the growing EAF steelmaking market in United States.

Volvo, SSAB Partner on Green Steel Development

16 June 2021 - Swedish automaker Volvo will collaborate with SSAB on developing fossil-fuel-free steels for the auto industry, SSAB has said.

Nucor Expects to Report Record Earnings — Again

16 June 2021 - Nucor Corp. is expecting to repeat its record-quarter performance, with strong demand and higher average selling prices lifting its profitability to new highs.

Biden Administration Looks to Settle Steel Tariff Dispute by December

15 June 2021 - The U.S. Section 232 tariffs on steel and aluminum will remain in place for the time being, but the Biden administration on Tuesday said it is committed to resolving the dispute with the EU over the tariffs.

voestalpine Patents DR Process

15 June 2021 - voestalpine has received a European patent for sponge iron production process that uses green hydrogen and biogas, the company has announced.

Industry Services Expands Through Acquisition

15 June 2021 - Refractory maintenance contractor Industry Services Co. has acquired three U.S. and Canadian refractory and industrial maintenance services companies.

Electrical Steel Line Coming to Big River Steel

11 June 2021 - United States Steel Corporation plans to invest US$450 million in an electrical steel line at its Big River mill in Arkansas.

Metinvest Lays Plans for US$1B Cold Mill

11 June 2021 - Ukrainian steelmaker Metinvest will build a US$1 billion cold-rolled mill at its Ilyich Steel facility in Mariupol and has named Danieli as the primary technology supplier.

Tenaris Bar Mill Completes Upgrades, Re-Enters Service

11 June 2021 - Tenaris has restarted its Koppel, Pa., USA, meltshop after making US$15 million in upgrades to the facility.

ABS Starts Highly Automated Wire Rod Mill

10 June 2021 - Acciaierie Bertoli Safau, the steelmaking arm of Danieli, has inaugurated a new, 500,000-metric-ton wire rod mill in Udine, Italy.

Cliffs Cuts the Ribbon on HBI Plant

10 June 2021 - Cleveland-Cliffs Inc. on Wednesday celebrated the first six months of its new direct reduction plant in Ohio.

Report: Section 232 Tariffs on EU Steel Could Lift By Year’s End

09 June 2021 - The U.S. and the EU could announce a commitment next week to rescind America’s Section 232 tariffs on steel and aluminum and Europe’s retaliatory tariffs that were imposed in response, reports the Reuters news service.

Outokumpu Appoints New Americas President

09 June 2021 - The acting president of Outokumpu’s North and South American business unit has been given the job on a permanent basis.

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.