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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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EU Greenlights ArcelorMittal, thyssenkrupp Decarbonization Funding

20 July 2023 - The European Commission has signed off on EUR2.85 billion in state aid that will go to decarbonization efforts at thyssenkrupp and ArcelorMittal. 

Steel Dynamics Inc. Reports Q2 Profit 

20 July 2023 - Wider metal spreads and steady demand contributed to a US$812 million quarterly profit for Steel Dynamics Inc. (SDI), the company said Wednesday.  

ArcelorMittal Brings Low-CO2 Heavy Plate to Market

20 July 2023 - ArcelorMittal’s European division has begun producing low-CO2 heavy plates in weights of up to 18 metric tons, the company has announced. 

H2-Based Ladle Pre-Heater Begins Operating  

20 July 2023 - ArcelorMittal Sestao has put a hydrogen-fired ladle pre-heating station into service, reports the equipment supplier on the project.

West Virginia DEP OKs Commercial Metals Micro-Mill 

19 July 2023 - Commercial Metals Company has received a permit from the West Virginia Department of Environmental Protection for its West Virginia micro-mill and is now set to begin construction, the company has announced.

Commercial Metals Acquires Rebar Anchor Specialist 

19 July 2023 - Commercial Metals Company (CMC) is expanding its fabrication business, acquiring a company specializing in steel anchors for electrical power poles. 

Primetals Technologies Completes LD Converter Upgrade 

18 July 2023 - Primetals Technologies has upgraded Salzgitter Flachstahl’s LD process optimization system, installing a new module that optimizes lime usage. 

H2 Green Steel Receives EU Financial Support

14 July 2023 - Steel startup H2 Green Steel will share in EUR1.2 billion in funding under a EU program meant to support the bloc’s clean energy transition.

SSAB Strengthens Partnership With Automotive Components Maker

14 July 2023 - Automotive structural components maker KIRCHHOFF Automotive is elevating its relationship with SSAB with respect to reducing carbon dioxide emissions in its supply chain. 

ArcelorMittal Invests in Biocarbon Producer

14 July 2023 - ArcelorMittal is investing CA$6.6 million in biocarbon producer CHAR Technologies Ltd. and also will further explore the use of its product at the steelmaker’s Dofasco facility. 

U. S. Steel Offers Environmental Declarations for BRS Customers

13 July 2023 - United States Steel Corporation has begun issuing environmental product declarations on flat-rolled products originating in Big River Steel Works furnaces, the company said Thursday. 

POSCO Unveils Revenue, Capacity Growth Target 

13 July 2023 - POSCO will move to increase its global capacity to 52 million metric tons and plans to add non-oriented electrical steel capacity in Korea and North America, The Korea Times reports. 

A Stainless Steel With Improved Resistance to Hydrogen Embrittlement Hits the Market 

12 July 2023 - Nippon Steel has begun shipping a new stainless steel that’s better able to resist embrittlement from contact with liquefied hydrogen, reports Nikkei Asia. 

Retirement Prompts Leadership Change at CMC  

11 July 2023 - Commercial Metals Company (CMC) president Peter Matt will succeed chief executive officer Barbara R. Smith, who has announced that she’ll step down in September.  

Blastr Green Steel Eyes U.K. Port for DR Pellet Plant

10 July 2023 - Startup Blastr Green Steel is considering a U.K. bulk terminal as the home of its planned 6-million-metric-ton direct reduction pellet plant. 

Steelmaker Nears Completion of New Hydrogen-Focused Lab 

10 July 2023 - Hyundai Steel Co. is preparing to open a new lab focused on hydrogen steelmaking later this year, reports The Korea Economic Daily. 

New Commercial Metals Mill Enters Start-Up Phase

06 July 2023 - Commercial Metals Company (CMC) has started up its new Arizona micro-mill, which has produced its first rebar bundle.

H2 Green Steel Secures EUR1.5 Billion Supply Agreement 

06 July 2023 - European steel startup H2 Green Steel has signed a binding, seven-year agreement with automotive components and systems maker ZF. 

Tata Steel Lays Plan for Indian EAF Mill 

05 July 2023 - Tata Steel is looking to establish a scrap-based long products mill in India as part of a longer-range plan to build domestic capacity in the country, according to reports. 

ArcelorMittal Signs Sustainability MoU With Automotive Supplier Snop

28 June 2023 - The steelmaker and the automotive supplier signed a memorandum of understanding (MoU) today to strengthen the companies’ cooperation on environmental sustainability.

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