Steel News

OECD Raises Alarm on Global Steel Overcapacity

23 March 2021 - The Organisation for Economic Co-operation and Development (OECD) Steel Committee is warning that the global industry faces a heightened risk from excess production capacity as the COVID-19 pandemic tamps down demand.

New Air Separation Unit Planned for Ohio Mill

23 March 2021 - Industrial and medical gas supplier Messer will build a new air separation unit to support an Ohio steelmaker and a growing merchant customer base in the Midwestern U.S.

SSAB Cold Mill Set for Automation Upgrade

23 March 2021 - Primetals Technologies has been contracted to modernize the process automation system for a Finnish tandem cold mill, the equipment manufacturer has announced.

SMS group Receives Order for Wire Rod Mill Improvements

23 March 2021 - China’s Zenith Steel Group Co. Ltd. has contracted SMS group to upgrade the wire rod mill at its Changzhou works, a project that will take the mill’s rolling speed up to a blistering pace of 42 m/second.

Danieli Lands Order for Wire Rod Mill

19 March 2021 - Hoa Phat Hai Duong Steel has awarded two contracts to Danieli for new rolling equipment at its Kinh Mon steel complex in Vietnam, Danieli has announced.

Air Liquide, ArcelorMittal Collaborating on CO2 Reduction Project

19 March 2021 - ArcelorMittal and Air Liquide are teaming up to reduce carbon emissions at the steelmaker’s Dunkirk operation in France.

Industrial 3D Printing Specialist Brings Aboard Retired Nucor Executive

19 March 2021 - Former Nucor chairman and chief executive John Ferriola has joined the board of directors of a California-based specialist in additive manufacturing, according to an announcement.

Ukrainian Mill Signs Off on Newly Installed Downcoiler

18 March 2021 - Primetals Technologies recently received the final acceptance certificate for a new downcoiler installed at a Ukrainian mill, the equipment supplier has said.

Hydrogen Takes Center Stage in New Collaboration Agreements

18 March 2021 - POSCO and Australian electricity and natural gas producer Origin Energy have signed a memorandum of understanding on an effort to bring green hydrogen to South Korea, reports the The Sydney Morning Herald newspaper.

SDI Thinks a Record Quarter Is in the Offing

18 March 2021 - Steel Dynamics Inc. said it potentially could post a record profit in the first quarter as strong demand and rising prices boost its bottom line.

ArcelorMittal Rolls Out Green Steel Program

17 March 2021 - ArcelorMittal Europe is launching a certification program that allows the steelmaker to share its carbon reductions with its customers, enabling them to report cuts in their own emissions.

SDI Promotes Four Veteran Managers

17 March 2021 - Steel Dynamics Inc. (SDI) has promoted the general manager of its Butler, Ind., USA, flat-rolled operation to vice president and given another longtime manager additional responsibilities.

Survey: Metals Executives Have High Expectations for Growth in 2021

17 March 2021 - North American Metals sector leaders are anticipating a significant jump in revenue this year, but are wary of the potential for inflation in the coming years, according to a survey of C-suite executives.

Nucor Anticipating Record Q1 Profitability

16 March 2021 - With strong across-the-board steel demand, Nucor Corp. expects to report a record profit in the first quarter.

China’s Steel Output Rises in Early 2021

16 March 2021 - China produced nearly 175 million metric tons of steel in January and February, an increase of almost 13%, reports the Reuters news service.

Chilean Producer to Study H2 Steelmaking

16 March 2021 - Chile’s Compañia Siderúrgica Huachipato SA (CSH) has signed a technological cooperation agreement with Paul Wurth to explore a shift to low-carbon steelmaking.

Salzgitter Debuts Wind Energy Project

12 March 2021 - Salzgitter and industrial partners have the cut the ribbon on a wind-powered generation facility at its Salzgitter Flachstahl plant, setting the stage for future green hydrogen production.

Nucor Board OKs US$164 Million Tube Mill Project

10 March 2021 - Nucor Corp.’s board of directors has approved a plan to build a US$164 million tube mill somewhere in the Midwest, the company said on Tuesday.

Steelmakers Planning 12M Ton Greenfield Mill in India

10 March 2021 - Joint-venture partners ArcelorMittal and Nippon Steel Corp. have signed an agreement with the Indian state of Odisha to build a 12-million-metric-ton greenfield steel mill, reports The Hindu BusinessLine newspaper.

Danieli Reports Successful Installation of Bar Processing Unit

10 March 2021 - Japanese long products maker Topy Industries Ltd. has put a new Danieli-built bar straightener into service at its Toyohashi plant.