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Latest News

Thai Strip Mill Signs for New Downcoiler Reel

29 June 2020 - Sahaviriya Steel Industries has contracted Danieli Service to replace a downcoiler reel in service at the Thai steelmaker’s hot-strip mill located in Bang Saphan. 

ArcelorMittal Lays Out European Climate Action Plan

26 June 2020 - ArcelorMittal Europe intends to become carbon neutral in the next 30 years by transitioning to a direct-reduction based production route and by investing in technology and equipment to store or recycle its carbon output. 

Fives Receives Cold Mill Order

26 June 2020 - POSCO has awarded a contract to Fives to build a cold rolling mill that will process the steelmaker’s advanced, ultrahigh-strength GIGA brand steel. 

Nucor, AK Steel Receive Supplier Honors

26 June 2020 - AK Steel and Nucor have been recognized as GM Suppliers of the Year, a honor presented to the automaker’s vendors that distinguish themselves by providing innovative technologies and high-quality parts, materials and services. 

Salzgitter Takes Next Step in Hydrogen Project

24 June 2020 - Salzgitter and industrial partners Rhenus and Uniper will explore the feasibility of building a direct reduced iron plant and associated hydrogen electrolysis plant at a deepwater port in northern Germany, the company announced Wednesday.

Forgings Maker Switches on New High-Speed Press

24 June 2020 - Gustav Grimm Edelstahlwerk GmbH & CO. KG, a German high-alloy forgings specialist, has put a new high-speed press from SMS group into service. 

Stainless Producer Contracts ABB for Control Systems Upgrade

24 June 2020 - Stainless steel producer Shanxi Taigang Stainless Steel has placed an order with ABB for a new mechanical and electrical control system to govern a cold rolling mill in China’s Shanxi Province. 

AISI Names New Chairman, Interim CEO

23 June 2020 - The American Iron and Steel Institute (AISI) has elected a new chairman and is suspending its search for a new chief executive, instead tapping its top lawyer to lead the organization on an interim basis. 

Tenova, ORI Martin Partner Up on Smart Factory Project

23 June 2020 - Italian special steel producer ORI Martin is collaborating with Tenova on a project to transform the steelmaker’s Brescia plant into a smart factory. 

American Zinc Names Former AIST President as CCO 

23 June 2020 - AIST past president and industry veteran William Breedlove has joined the senior leadership at American Zinc Recycling (AZR), an environmental services provider.  

Supreme Court Passes on Section 232 Challenge 

23 June 2020 - The U.S. Supreme Court has declined to hear a challenge to President Donald Trump’s Section 232 tariffs on steel and aluminum imports, an action that leaves the controversial tariffs in place. 

World Steel Sees Recovery in 2021

20 June 2020 - Steel producers throughout the world generally should see demand pick back up in 2021, but it could take at least two years for it to return to pre-pandemic levels, according to a World Steel Association (worldsteel) economic forecast. 

Stelco, DTE to Build Cogen Plant

19 June 2020 - Stelco Inc. is partnering with DTE Energy Services Inc. on construction of a 65-MW cogeneration plant at the steelmaker’s Lake Erie Works in Ontario, Canada, Stelco has announced. 

SDI Issues Q2 Guidance

19 June 2020 - Steel Dynamics Inc. (SDI) expects to report second-quarter earnings in the range of 29 cents to 33 cents per share, but is looking for business to improve as steel-consuming businesses resume operations.  

Nucor: Q2 Likely to Be Better Than Expected   

18 June 2020 -   Nucor Corp. is forecasting second-quarter earnings of 10 cents to 15 cents per diluted share, a better-than-expected result that is supported in part by non-residential construction demand, the company said Thursday. 

IAC Secures Ancillary Equipment Order From New SDI Mill 

18 June 2020 - Kansas-based Industrial Accessories Co. (IAC) recently was awarded contracts to install certain ancillary components of Steel Dynamics Inc.’s new flat-rolled mill in Texas. 

Refractories Manufacturer to Open Kentucky Plant

17 June 2020 - The North American subsidiary of Chinese refractories maker PRCO is setting up its first U.S. plant and could begin production by the end of the year, according to an announcement from Kentucky Gov. Andy Beshear.

Flat-Rolled Demand Is Beginning to Improve, U. S. Steel Says

17 June 2020 - United States Steel Corporation expects to report a second-quarter loss, but said it believes the quarter will mark the bottom of this year’s COVID-19 downturn.  

Big River Steel Announces Partnership With Koch Metallics

17 June 2020 - Big River Steel has signed an agreement that will make a Koch family business the steelmaker’s exclusive metallics procurement agent. 

Primetals Technologies Adds Three New Users of Caster Software

17 June 2020 - Primetals Technologies has sold its third subscription license for its continuous casting process optimization software in recent months, the company reports. 

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