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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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JFE Steel Partners With ExxonMobil on H2 Line Pipe Development 

09 June 2023 - Japan's JFE Steel and ExxonMobil will work on developing high-pressure line pipe meant to carry hydrogen, reports NikkeiAsia. 

Primetals Technologies to Supply Compensator to Virginia Mill 

08 June 2023 - Gerdau has contracted Primetals Technologies to supply a 69-kV static synchronous compensator for its Petersburg mill in Virginia, the mill equipment manufacturer reports. 

H2 Green Steel Considers North American Steel Production Plant

08 June 2023 - Nordic startup H2 Green Steel has signed a supply agreement with Mercedes-Benz for 50,000 metric tons annually of green steel as they assess the potential to produce steel in North America.  

thyssenkrupp Green DRI Project to Receive Government Support

06 June 2023 - Germany is preparing to support thyssenkrupp’s plans to build a green iron plant in Duisburg with EUR2 billion in funding, reports the Reuters news service. 

Optimus Steel Eyes Q3 Commissioning of Straight Rebar Line

05 June 2023 - Optimus Steel expects to begin commissioning a straight rebar line in the third quarter of 2023 and has started construction of a new reheat furnace and roughing and intermediate mill, the company said on Monday. 

SSAB, Fortum to Initiate FEED Study on Hydrogen-Based Sponge Iron Plant

05 June 2023 - SSAB and Finnish energy company Fortum will undertake a front-end engineering design of a potential industrial-scale, hydrogen-reduced sponge iron plant, the companies have announced. 

Brazilian Producer Adds PSI Metals’ Production Management Software 

05 June 2023 - Brazil’s Villares Metals has installed PSI Metal’s production management software on a hot rolling mill as part of an effort to improve quality control, reduce operational failures and better synchronize the equipment with other assets.

SSAB to Proceed With EAF Installation

02 June 2023 - SSAB’s board of directors has greenlighted construction of an electric arc furnace at its Oxelösund mill, a SEK6.2 billion (US$575.6 million) investment that is projected to reduced Sweden’s national CO2 output by 3%. 

Nucor, ExxonMobil Sign Carbon Capture Agreement

01 June 2023 - Nucor Corp. will begin capturing CO2 emissions at its Louisiana direct reduction plant through a new agreement with ExxonMobil, the steelmaker said on Thursday. 

Australia’s InfraBuild Lines Up Financing to Acquire Three U.S. Operations

01 June 2023 - InfraBuild, an Australian long products producer owned by Sanjeev Gupta’s GFG Alliance, has secured financing that will allow it to buy three U.S. wire rod operations also owned by GFG Alliance. 

Nucor Bar Mill Looks for Q4 Start of New Bundling Station

31 May 2023 - Nucor Corp.’s Jewett, Texas, USA, bar mill has awarded a contract to Danieli for a new bundling station, the equipment manufacturer reports. 

POSCO Looks to Begin Work on Pilot DRI Plant

30 May 2023 - POSCO is set to break ground on a pilot-scale direct reduction plant that utilizes hydrogen, reports The Korea Economic Daily newspaper. 

PGT Trucking, Nucor Celebrate a First — A Shipment of Steel on an Electric Truck

30 May 2023 - Flatbed trucker PGT Trucking Inc. recently celebrated a milestone, hauling a shipment of steel from Nucor Corp.’s Brandenburg, Ky., USA, plant to a fabricator via a battery electric tractor, reports The Trucker newspaper. 

Salzgitter Selects Energiron DR for Hydrogen-Ready DRI Plant

24 May 2023 - Salzgitter Flachstahl announced today it has chosen Energiron DR technology for its new 2.1-million-tons-per-year hydrogen-ready direct reduction plant to be installed at its facility in Salzgitter, Germany.

Texas Port Lands Pipe, Tube Mill

24 May 2023 - Mexico’s Forza Steel is opening a 240,000-metric-ton pipe and tube mill at the Port of Brownsville in Texas, according to announcement from port officials. 

Phase 2 On the Books for Steel Mill Slag Treatment and Recovery Plant in Spain

24 May 2023 - SARRALLE Environment & Energy announced the start-up of Phase 1 and the order for Phase 2 of a project for the treatment and recovery of steel mill slag for Phoenix Services at Acerinox Palmones in Spain.

Nucor to Shutter Texas Heavy Plate Facility 

24 May 2023 - Nucor will close its Longview, Texas, USA, heavy plate mill later this year amid a reorganization of its plate mill group, the steelmaker said on Wednesday. 

BlueScope Targets Emissions Reductions at NZ Steel

23 May 2023 - The Australian steelmaker announced yesterday it is looking into building a NZ$300 million (US$187 million) electric arc furnace (EAF) at its New Zealand Steel (NZ Steel) works in Glenbrook to lower its greenhouse gas emissions.

JSW Steel, JFE Steel to Build Electrical Steel Plant in India

22 May 2023 - The two companies have signed a memorandum of understanding to establish a cold-rolled grain-oriented electrical steel plant in Vijayanagar, Karnataka, India, according to a statement from JSW Steel today.

Import Pressure Forces Layoffs at W.Va. Tin Mill 

18 May 2023 - Cleveland-Cliffs Inc. is laying off approximately 300 people at its Weirton, W.Va., USA, tin mill, blaming competition from unfairly traded imports, according to reports.

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