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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.

Japanese Banks Back Nippon Steel Acquisition of U. S. Steel

30 January 2024 - Nippon Steel Corp. has lined up US$16 billion in loans for its planned acquisition of United States Steel Corporation, the Reuters news service reports.

JSW Steel Sees Indian Steel Demand Growing

30 January 2024 - India’s JSW Steel is forecasting that Indian steel demand could grow 8% to 10% in the next few years, driven in part by infrastructure construction, according to the company’s managing director.

U. S. Steel to Close Clairton Coke Oven Battery

29 January 2024 - United States Steel Corporation will permanently idle the No. 15 coke oven battery at its Clairton, Pa., USA, coke plant and invest US$19.5 million in upgrades to coke oven gas cleaning facilities as part of a proposed settlement over emissions incidents at the plant.

SDI Prepares to Start New Processing Lines

25 January 2024 - Steel Dynamics Inc. (SDI) has completed construction of its four new paint and galvanizing lines and expects to commission them sometime before the end of March, the company’s chief executive officer has said.

Degasser, Caster Improvements Slated for JSW Steel USA Mill

24 January 2024 - JSW Steel USA has contracted Primetals Technologies to build what will be North America’s largest twin-station vacuum tank degasser and to upgrade the slab caster at its Ohio mill.

Nippon Steel: We’re the Right Investor for U. S. Steel

23 January 2024 - Nippon Steel Corp.’s leading executives on Tuesday reiterated promises that the company would honor United States Steel Corporation’s collective bargaining agreements and would share technology that would improve the iconic steelmaker’s competitiveness.

H2 Green Steel Reaches New Funding Milestone

22 January 2024 - H2 Green Steel has signed definitive debt financing agreements amounting to EUR4.2 billion and has raised an additional EUR300 million in equity, the startup producer said Monday.

Salzgitter Chooses SMS group for HSM Improvement

22 January 2024 - Salzgitter Flachstahl GmbH is upgrading its hot strip mill with a comprehensive technology package from SMS group, the equipment manufacturer has announced.

Doubts Arise Over China’s Latest Steel Production Numbers

22 January 2024 - Skepticism is again rising over China’s official economic activity measures, with steel being a prime case in point, report the (London) Financial Times.

Tata Steel Announces Plan to Replace U.K. BFs with EAFs

19 January 2024 - Tata Steel will close its two U.K. blast furnaces and replace them with electric arc furnaces as part of an effort to decarbonize its operations, the steelmaker announced Friday.

Italy Takes Steps to Repossess Its Largest Steelworks

19 January 2024 - The Italian government is moving to put the former ILVA steelworks under special administration after failing to agree with majority owner ArcelorMittal on a capital injection plan, reports the (London) Financial Times.

NSC-USS Sale Doesn’t Impact National Security, Says Former Treasury Secretary

19 January 2024 - Former Treasury Secretary Lawrence Summers said national security is a non-issue when it comes to the Nippon Steel Corp. acquisition of United States Steel Corporation, reports the Bloomberg news service.

voestalpine Contracts Primetals Technologies for EAF Build

17 January 2024 - voestalpine has placed an order with Primetals Technologies for a 180-metric-ton electric arc furnace, the equipment manufacturer has announced.

Baosteel Mill Starts Energiron DRI Facility

17 January 2024 - China’s Baosteel Zhanjiang Iron & Steel gas fired up a new Energiron direct reduction plant, said to be the world’s largest reactor currently using hydrogen.

Licensing Agreement Grows IMS Systems Product Lineup

17 January 2024 - IMS Systems Inc. a Pennsylvania-based maker of non-contact measuring systems for the metals industry, is expanding its product portfolio through an exclusive licensing agreement.

Report: Danieli, Metinvest Stepping In to ILVA Plant

17 January 2024 - Italian plant manufacturer Danieli and Ukraine’s Metinvest have reached an agreement with the Italian government to reboot the former ILVA plant in Tuscany, according to the Reuters news service.

Automotive Supplier Partners with H2 Green Steel

17 January 2024 - Global automotive supplier KIRCHHOFF Automotive has signed a seven-year, EUR130 million supply agreement with H2 Green Steel, the steelmaking startup has announced.

ArcelorMittal Moves French Decarbonization Project Forward

15 January 2024 - ArcelorMittal is advancing early plans for a major decarbonization project at its Dunkirk steel works in France, moving it to the front-end engineering design stage, the company has said.

USW Files Grievances over U. S. Steel Sale

15 January 2024 - The United Steelworkers union is challenging United States Steel Corporation’s proposed sale to Nippon Steel Corp., arguing that U. S. Steel violated terms of the basic labor agreement with the union, reports the Pittsburgh Post-Gazette.

One of the World’s Largest Steelmakers Lays Plans for the World’s Largest Mill

11 January 2024 - ArcelorMittal intends to build its Hazira, India, plant into the world’s single-largest steelmaking complex, company founder Lakshmi Mittal has announced, according to The (India) Economic Times.

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