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Raw Materials
Latest News
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.
JSW Steel Hoping to Buy Into Canadian Met Coal Operation
25 August 2023 - JSW Steel is looking to acquire a 20% to 40% stake in a Canadian miner’s metallurgical coal business, reports the Bloomberg news service.
A New Lease, And Life. for Cleveland-Cliffs’ Hibbing Taconite
07 May 2023 - The Minnesota Department of Natural Resources (DNR) is recommending that public mineral leases once held by the Mesabi Metallics taconite project be given to Cleveland-Cliffs Inc., reports the (Minneapolis, Minn.) Star Tribune newspaper.
U. S. Steel, Cleveland-Cliffs Seek Minnesota Iron Ore Leases
07 March 2023 - United States Steel Corporation and Cleveland-Cliffs Inc. are seeking public mineral leases that had been part of proposed mine and taconite pellet plant in Minnesota.
CMC Acquires Two Tennessee Scrap Yards
06 March 2023 - Commercial Metals Company (CMC) is expanding its internal scrap supply, announcing Friday that it has acquired the assets of Tennessee metals recycler Roane Metals Group.
U. S. Steel Starts Pig Iron Caster
14 December 2022 - United States Steel Corporation’s US$60 million pig iron caster has produced its first batch and is beginning to ramp up, reports The Times newspaper of northwest Indiana.
Rio Tinto Steps Up Testing of New Low-Carbon Ironmaking Process
23 November 2022 - Iron ore miner Rio Tinto will build a large-scale pilot plant to further test its promising low-carbon ironmaking process, the company has announced.
CMC Adds Scrap Capacity in Texas
16 November 2022 - Commercial Metals Company (CMC) has acquired a Galveston, Texas, USA, scrap recycler, bringing an additional 55,000 tons of ferrous and non-ferrous scrap under its roof.
Danieli Bags Order for Scrap Shredder
12 October 2022 - Mexican steel scrap processor DIMECA has ordered a shredder from Danieli, the mill builder reports.
H2 Green Steel Partners With Midrex on Direct Reduction Plant
11 October 2022 - H2 Green Steel, a Swedish startup that is planning to build a hydrogen-based steel mill, is partnering with direct reduction specialist Midrex, the company has announced.
This Company Says It Has a New Way to Decarbonize Steel. Investors Are Getting Behind It.
07 October 2022 - A Colorado-based start-up that is looking to commercialize an electrochemical process for refining iron ore has raised US$85 million in capital.
U. S. Steel Marks Start of Pellet Plant Upgrade
06 October 2022 - United States Steel Corporation has broken ground on a US$150 million project that will expand pelletizing capabilities at its Keetac facility in Minnesota.
SDI Grows Mexican Scrap Capacity Through Acquisition
04 October 2022 - Steel Dynamics Inc. has finalized its acquisition of Mexican metals recycler ROCA ACERO S.A. de C.V., completing a deal that adds 850,000 gross tons of processing capacity to its raw materials assets.
Scrap, DRI Will Be Harder to Come by in the Future
29 September 2022 - As more steelmakers shift their production technologies in step with decarbonization efforts, global scrap demand could increase by an additional 223 million metric tons annually, according to a forecast from Boston Consulting Group.
Report: Middle East, North Africa Has Potential to Be Green Steel Leader — If It Acts Fast
22 September 2022 - The Middle East and northern Africa (MENA) could be a world leader in green steel production, if it makes prompt investments in renewable energy and green hydrogen, according to a new report from the U.S.-based Institute for Energy Economics and Financial Analysis.
Commercial Metals Company Expands Internal Scrap Supply
19 September 2022 - Long products maker Commercial Metals Company (CMC) has acquired a California-based scrap processor and broker to help secure an in-house supply for its expanding Arizona operations.
Tata Steel Plans 750K-Ton Rebar Mill, DRI Plants
29 August 2022 - Tata Steel has signed a memorandum of understanding with the Indian state of Punjab to build a greenfield rebar mill and has contracted for the design of direct reduction plants in Europe.
U. S. Steel Targets Keetac Mine for Upgrade
01 August 2022 - United States Steel Corporation posted a stand-out second quarter on Friday and announced that it had chosen its Keetac iron ore mine for a US$150 million investment.
Nippon Steel Signs Collaboration Agreement
18 July 2022 - Coal and iron ore miner Anglo American has agreed to work with Nippon Steel Corp. on making less CO2-intensive steel, the companies have said.
Space Tech Startup Discovers Path to Carbon-Free Iron Production
15 July 2022 - Helios, an Israeli startup exploring paths to develop on-site oxygen resources for future lunar missions, has raised US$6 million in seed funding to adapt their technology to another, unexpected goal: to create an emission-free future for the steel industry.
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