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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Report: South Korea Steelmaker Exploring Possibility of U.S. EAFs
12 March 2024 - Hyundai Steel is weighing the feasibility of building electric arc furnaces (EAFs) in the U.S. as a way to avoid tariffs, carbon emissions limits and competition from Chinese produces, reports The Korea Economic Daily.
Danieli Bags Order for Galvanizing Line
12 March 2024 - Danieli has received an order for a 700,000-metric-ton galvanizing line from Tata Steel, the company reports.
USW Reports on Meeting With Nippon Steel
12 March 2024 - Nippon Steel Corp. and the United Steelworkers (USW) union met late last week to discuss the company’s acquisition of United States Steel Corporation, but the union said it remains unassured.
U. S. Steel Invests in Warehousing Robotics Manufacturer
11 March 2024 - United States Steel Corporation is making a strategic investment in Pittsburgh-based Freespace Robotics, a manufacturer of robotic storage and retrieval systems used in warehouses.
New Slitting Line to Enhance thyssenkrupp Electrical Steel Production
07 March 2024 - thyssenkrupp Steel has commissioned a new slitting line in Motta Visconti, Italy, replacing an older line and boosting production of high-efficiency electrical steel for the automotive industry, the company has said.
Report: Nippon Steel, USW to Begin Dialogue Over Merger
07 March 2024 - Nippon Steel executive vice president Takahiro Mori is to meet with United Steelworkers leadership to discuss his company’s proposed acquisition of United States Steel Corporation, reports the Reuters news service.
West Virginia Regulators OK Power Line for Nucor Mill
07 March 2024 - The West Virginia Public Service Commission has greenlighted a plant to build a US$86 million power transmission line that will serve Nucor Corp.’s West Virginia sheet mill, reports the (Huntington, W.Va.) Herald-Dispatch newspaper.
JSW Steel Plans EUR143 Million Investment in Italian Rail Mill
07 March 2024 - JSW Steel has signed a memorandum of understanding (MOU) with Italy to restart a steel facility in Piombino, the company has announced.
New CEO Takes the Helm at JSW Steel USA
06 March 2024 - JSW Steel has named industry veteran Robert Simon as chief executive officer (CEO) of its U.S. operation.
SAIL, Primetals Technologies to Collaborate on Decarbonization
06 March 2024 - The Steel Authority of India Ltd. (SAIL) and Primetals Technologies have signed a memorandum of understanding to closely collaborate on projects and technologies related to decarbonization of the steelmaker’s Rourkela plant in Odisha, India.
Metallus Inks Agreement With U.S. Army
29 February 2024 - Ohio-based Metallus has signed a US$99 million agreement with the U.S. Army on a project intended to help the Army ramp up artillery shell production in the coming years.
EU OKs Germany Plan to Support ArcelorMittal Project
29 February 2024 - The European Commission has signed off on Germany’s EUR1.3 billion financial aid package to ArcelorMittal in support of the steelmaker’s plan to decarbonize facilities there.
United Steelworkers Union, Nippon Steel Sign Nondisclosure Agreement
29 February 2024 - The United Steelworkers (USW) union has signed a nondisclosure agreement with Nippon Steel Corp., a precursor to allowing discussion between the labor union and the acquirer of United States Steel Corporation to proceed.
Ternium Revises Budget for Mexican Sheet Mill Expansion
22 February 2024 - Inflationary equipment pricing and fluctuations in the exchange rate have forced upward revisions to cost estimates on Ternium’s expansion in Mexico.
Wheeling-Nippon Celebrates Production Milestone
22 February 2024 - West Virginia coil processor Wheeling-Nippon Steel recently celebrated a production milestone, coating its 20 millionth ton.
Nucor Board Greenlights Funding for New Micro-Mill
21 February 2024 - Nucor Corp.’s board of directors has agreed to allocate US$860 million for construction of a rebar micro-mill, the steelmaker said Wednesday.
Salzgitter Divests Mannesmann Stainless Tubes Business
20 February 2024 - Italy's Cogne Acciai Speciali has acquired the Mannesmann Stainless Tubes Group from Salzgitter Ag for EUR135 million, Salzgitter said on Tuesday.
Italy Moves to Repossess Its Largest Steelworks
20 February 2024 - The Italian government is placing the operator of the country's largest steelworks into extraordinary administration, removing control from majority owner ArcelorMittal.
Wanted to Buy: Hydrogen. And Lots of It.
19 February 2024 - thyssenkrupp Steel is soliciting bids for hydrogen to run its planned direct reduction plant, a first in the company’s decarbonization journey.
BlueScope Mulls Midwest Coil Processing Facility
19 February 2024 - BlueScope Steel Ltd. is studying whether to expand its North American value-add capabilities, weighing a potential 550,000-ton cold rolling and coil coating project in the Midwest.
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