Steel News

Harris Joins Biden in Opposing U. S. Steel Sale

03 September 2024 - U.S. Vice President Kamala Harris said she disapproves of Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, arguing that the company should remain domestically owned.

thyssenkrupp Steel Europe CEO Leaves Company Amid Dispute

29 August 2024 - Several thyssenkrupp Steel executives, including its chief executive officer, are parting ways with the company as a result of a dispute over the division's future, the Bloomberg news service reports.

Nippon Steel Promises Additional Investment in Mon Valley, Gary Works

29 August 2024 - Nippon Steel Corp. plans to invest an additional US$1.3 billion, if not more, in United States Steel Corporation’s Mon Valley and Gary works, should it finalize its acquisition of the iconic American steelmaker.

ABB Selected for SSAB Rolling Mill Upgrade

28 August 2024 - ABB has won three related contracts tied to SSAB’s planned improvements of its Borlänge hot rolling mill in Sweden.

SSAB Completes Pilot Phase of HYBRIT Initiative

27 August 2024 - SSAB and partners are moving their HYBRIT fossil-fuel-free iron and steel initiative to the next stage of development, wrapping up an initial six-year effort that successfully demonstrated the feasibility of their process.

Cleveland Cliffs Names New SVP

22 August 2024 - Cleveland-Cliffs Inc. has promoted vice president Michael Hrosik to the C-suite, naming him the senior vice president of its commercial operations.

NLMK Indiana Completes EAF Overhaul

21 August 2024 - NLMK Indiana successfully has started up a revamped, 118-ton electric arc furnace, according to project contractor Primetals Technologies.

thyssenkrupp Teams With Australian Producer to Study Smelting Technology

21 August 2024 - thyssenkrupp is partnering with Australia’s BlueScope Steel on research that will focus on direct reduction and electric smelting plants, the company has announced.

ArcelorMittal to Add Solar Capacity in Brazil

21 August 2024 - ArcelorMittal Brazil on Wednesday signed contracts to develop two solar energy projects with a combined capacity of 465 MW, equivalent to 14% of its current electricity requirements.

Trump Again Pledges to Halt U. S. Steel-Nippon Steel Deal

21 August 2024 - Donald Trump reiterated a campaign promise to block Nippon Steel Corp.’s acquisition of United States Steel Corporation during a campaign stop in central Pennsylvania.

Nucor Names New VP at W.Va. Sheet Mill

20 August 2024 - Nucor Corp. has named Johnny Jacobs as vice president and general manager of its new West Virginia sheet mill, succeeding John Farris, who is retiring after 32 years with the company, reports WVNews.

Caster Robot Takes its Place at Gerdau Plant

20 August 2024 - Gerdau’s Araçariguama plant in Brazil has installed a PolyCAST multitool robot on its caster, an upgrade that improves productivity and safety.

BlueScope Steel Invests in Capacity Boost at North Star Plant

19 August 2024 - BlueScope Steel Ltd.’s board of directors has given the go-ahead to a US$130 million debottlenecking project at its Ohio sheet mill, the company said in its fiscal year-end earnings announcement.

Tosyali Mill Project Receives Boost From Angola

15 August 2024 - Angola’s national oil producer Sonangol has signed on to a Tosyali project to build an integrated iron and steel plant in the country.

Algoma Steel Wraps Up Plate Mill Upgrade and Eyes Start of New EAF

14 August 2024 - Algoma Steel is calling its plate mill modernization effectively finished and is moving toward commissioning new electric arc furnaces. at its Ontario plant.

JSW Buys Into Australian Met Coal Miner

14 August 2024 - JSW Steel Ltd. is taking an indirect stake in Australian metallurgical coal miner Illawarra Metallurgical Coal and will sign an offtake contract with the business, the company has announced.

Metallus Receives State Support for US$100M Expansion

08 August 2024 - Specialty metals manufacturer Metallus Inc. has received US$3.5 million in grants from the state of Ohio in support of a planned expansion.

Kobe Steel to Launch Aluminum JV With China’s Baowu Steel

08 August 2024 - Kobe Steel is forming a joint venture around its Chinese automotive aluminum business with China Baowu Steel Group Corp. Ltd., Kobe has announced.

ArcelorMittal Completes Vallourec Transaction

07 August 2024 - ArcelorMittal has finalized its acquisition of a EUR955 million stake in tubemaker Vallourec.

Chilean Steelmaker Blames Chinese Imports for Production Stop

07 August 2024 - Compañía Siderúrgica Huachipato, Chile's largest steel plant, is "indefinitely suspending" production, saying that it is impossible to compete with dumped Chinese steel, according the AFP news service.