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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.

Baosteel, Saudi Arabia Announce Joint Venture Plate Mill

02 May 2023 - China’s Baoshan Iron & Steel Co. Ltd. and Saudi Aramco have agreed to establish a 1.5 million-metric ton plate mill in Saudi Arabia, the companies have announced.

Investment Firm Eyes Green Steel, Low-CO2 Tech Investments

02 May 2023 - Private equity firm Brookfield Asset Management Ltd. is looking to invest in green steelmaking and intends to raise US$15 billion to invest in low-carbon technologies, reports Bloomberg.

An Uplifting Order: Algoma Receiving Six Cranes as Part of EAF Installation

27 April 2023 - Algoma Steel is building six automatic cranes from Danieli to service its scrap yard and meltshop as part of the steelmaker’s conversion to electric arc furnace (EAF) production, the plant builder has announced.

SMS group Names New CTO, Launches Hub Focused on New Metals Technologies

26 April 2023 - SMS group has created a new unit focused on commercializing new technologies and has appointed chief technology officer Hans Ferkel to lead it.

Cleveland-Cliffs, Machinists Union Shake Hands on Labor Contract

26 April 2023 - Cleveland-Cliffs Inc. and union workers at its Middletown, Ohio, USA, mill have reached a tentative, four-year labor agreement, the steelmaker said Wednesday.

Coalition Releases Green Steel Standard

26 April 2023 - The Nucor Corp.-led initiative that is proposing a global standard for CO2 emissions has published the standard and is seeking industry input.

CEC Lands Engineering Contract for Steel Dynamics' Aluminum Mill

26 April 2023 - Steel Dynamics Inc. has awarded an engineering contract to Pittsburgh-based Civil & Environmental Consultants Inc. (CEC) for the steelmaker’s planned aluminum facilities.

Tata Steel Trials H2 Injection

25 April 2023 - Tata Steel has begun trialing hydrogen injection into a blast furnace at its Jamshedpur facility in India, the company reports.

H2 Green Steel Begins Its Other Green Effort: Fundraising

25 April 2023 - Steelmaking startup H2 Green Steel has begun seeking EUR1.5 billion in equity funding for its planned facility in Boden, reports the Financial Times.

thyssenkrupp CEO Parts Ways With Company

25 April 2023 - thyssenkrupp chief executive Martina Merz will step down from her role at the end of May as the company begins looking to separate its steel business and turns its attention to improving finances.

POSCO Plans Investment in Growth Engine Facilities

20 April 2023 - South Korea’s POSCO Group is planning to invest the equivalent of US$3.04 billion in growth projects next to its Gwangyang plant, should the government lift restrictions on uses of state-run industrial complexes, reports the Yonhap News Agency.

Danieli Selected for Triple Caster Upgrade

19 April 2023 - AM/NS India has contracted Danieli Automation to upgrade three slab casters at its Hazira plant.

Forecast: Global Steel Demand to Rise 2.3% in 2023

19 April 2023 - The World Steel Association (worldsteel) has revised up is bi-annual demand outlook, saying that global demand is expected to reach 2.3% this year.

Salzgitter Secures Government Support for Low-CO2 Process Conversion

18 April 2023 - Salzgitter AG will receive EUR1 billion in federal and state support for its low-CO2 project, the German company said on Tuesday.

ArcelorMittal Brazil Plans 554-MW Wind Farm

18 April 2023 - ArcelorMittal Brazil is establishing a 55-45 joint venture that will develop an US$800 million wind farm that will provide more than one-third of the steelmaker’s electricity needs in the country.

Report: Nucor Looking to Break Ground on West Virginia Mill This Summer

18 April 2023 - Nucor is working to secure federal permits for its planned West Virginia sheet mill, but company officials said they are optimistic that the project will break ground this summer, according the (Huntington, W.Va.) Herald-Dispatch newspaper.

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