Latest News

AIST's Steel News provides the steel community with technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

Acciaieria Arvedi Commissions Danieli Heavy-Duty Shredder Plant

11 September 2023 - Danieli announced today its Danieli Centro Recycling high-performance, shredder-based, steel scrap processing plant is being commissioned at Acciaieria Arvedi in Cremona, Italy.

H2 Green Steel Exploring Projects in North America, South America

07 September 2023 - As H2 Green Steel looks to build its first plant in Sweden, it also is weighing potential green hydrogen and direct reduction projects in the U.S., Canada, Brazil and Portugal, reports the (London) Financial Times.

H2 Green Steel Lines Up EUR1.5 Billion in Equity Funding

07 September 2023 - European steel startup H2 Green Steel has raised approximately EUR1.5 billion in equity from a group of investors, a round that will finance its planned green steel plant and a giga-scale hydrogen electrolyzer.

Acquisition Expands Primetals Technologies Cutting Tech Know-How

07 September 2023 - Primetals Technologies has acquired the assets and intellectual property of Spain’s Torch-Cutting Technologies (TCT) in a deal that will complement its offerings in cutting technology.

Boston Metal Closes on US$262 Million in Series C Funding

07 September 2023 - Boston Metal, a startup that is developing an electrolysis-based processed for ironmaking, has closed on US$262 million in Series C fundraising, the company has announced.

ANDRITZ to Build Cold Mill for ArcelorMittal France

07 September 2023 - ArcelorMittal France has placed an order with ANDRITZ for a reversible 6-high cold mill to produce light-gauge, non-oriented electrical steels, the equipment manufacturer has announced.

Tata Steel, ABB Ink MoU Focused on Low-CO2 Solutions

07 September 2023 - Tata Steel and ABB have agreed to work together on developing models and technologies intended to reduce steel’s carbon footprint.

Danieli Receives Order for Brazilian Cold Mill

05 September 2023 - German cold-rolled strip producer Waelzholz has contracted Danieli to build a 4-high reversing mill for a facility in Brazil.

JFE Plans to Raise Capital for Decarbonization, Expansion Projects

05 September 2023 - Japan’s JFE Holdings is moving to raise approximately JPY200 billion (US$1.37 billion) for decarbonization projects and to expand electrical steel production, according to NikkeiAsia.

CELSA Creditors Win Control of Company

05 September 2023 - Creditors of Spanish long products maker CELSA Group will take control of the company after a judge approved a multi-billion-euro restructuring plan.

Primetals Technologies Receives Order for Two LD Converters

30 August 2023 - ArcelorMittal’s Brazilian unit has placed an order with Primetals Technologies for two basic oxygen furnaces and gas cleaning equipment, according to the equipment supplier.

Cleveland-Cliffs Reaches Tentative Labor Agreement With Minnesota Iron Ore Miners

30 August 2023 - Newly unionized workers at Cleveland-Cliffs Inc.’s Northshore taconite operation in Minnesota have reached a tentative labor agreement with the steelmaker.

U. S. Steel Begins Sharing Company Info With Potential Buyers

29 August 2023 - United States Steel Corporation is signing non-disclosure agreements with potential buyers and has started to share due diligence information with them as it reviews its strategic options, the company said Tuesday.

Mill Steel Announces New Location, Expands Existing Facility

29 August 2023 - Michigan-based flat-rolled distributor Mill Steel Co. is establishing a new location in Mansfield, Ohio, USA, in support of its entrance into the flat-rolled stainless and aluminum markets and concurrently investing US$18 million in its Detroit, Mich., facility.