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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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Meranti Plans Green Steel Project for Thailand

18 May 2023 - Singapore’s Meranti Steel is planning to develop a 2-million-ton-capacity flat products mill in Thailand that will supply green hot-rolled coil to domestic and international manufacturers, the South East Asia Iron and Steel Institute reports.

Nucor Once Served the Nuclear Industry. Now, the Industry Could Serve Nucor.

16 May 2023 - Nucor Corp. and nuclear power plant developer NuScale Power Corp. have signed a framework agreement under which they’ll study the possibility of powering Nucor’s electric arc furnaces with NuScale’s small modular reactors. 

Goncalves Named AISI Chairman

16 May 2023 - Cleveland-Cliffs Inc. chairman, president and chief executive officer Lourenco Goncalves has been elected chairman of the American Iron and Steel Institute (AISI), the trade group has announced. 

Nucor General Manager Promoted to EVP  

16 May 2023 - Nucor Steel–Decatur vice president and general manager Brad Ford has been promoted to the steelmaker’s executive leadership team, the company has announced. 

SMS group Upgrades Hot Strip Mill Automation for ArcelorMittal Tubarão

10 May 2023 - The equipment supplier announced today it has upgraded the existing automation system for the roughing mill and edger at ArcelorMittal Tubarão in Brazil.

Nucor CEO: U.S. Steel Industry Must Make Its Voice Heard on Carbon Regulation

09 May 2023 - Led by electric arc furnace (EAF) producers, the U.S. steel industry has an enormous competitive advantage, and it is imperative that it participates in global discussions about carbon regulation, Nucor Corp. chief executive officer Leon Topalian said Tuesday.

New Labor Agreement at Cleveland-Cliffs Middletown Works Ratified by IAM Union Employees

09 May 2023 - Cleveland-Cliffs has announced that some 2,100 hourly employees represented by the International Association of Machinists and Aerospace Workers (IAM) Local 1943 at its Middletown Works have ratified a new four-year labor agreement.

Cleveland-Cliffs Reports Successful H2 Injection Trial 

08 May 2023 - Cleveland-Cliffs Inc. has successfully completed a hydrogen injection trial at one of its Ohio blast furnaces, taking a significant step toward decarbonized blast furnace production, the steelmaker announced on Monday.  

U.S. Manufacturers Benefiting From Factory Construction

08 May 2023 - Inflation and rising interest rates are top of mind for many businesses, but U.S. steel producers and other manufacturers have another concern — just keeping up with orders.  

H2 Green Steel, Marcegaglia Ink EUR1.79 Billion Green Steel Deal

08 May 2023 - The seven-year, EUR1.79 billion agreement will cover the delivery of green steel from H2 Green Steel's plant in Sweden to Marcegaglia's operations in Southern Europe, the U.K. and Poland.

Primetals Technologies Modernizes Slitting Line for thyssenkrupp Rasselstein

08 May 2023 - Primetals Technologies has upgraded the level 1 automation system and drive system for slitting line No. 1 at thyssenkrupp Rasselstein in Andernach, Germany. 

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. 

SSAB Looks to Put Waste Heat to Use

07 May 2023 - SSAB will study a potential new use for waste heat from its Hämeenlinna works in Finland – residential home heating. 

Tata Steel UK Nears Decarbonization Crossroads  

07 May 2023 - With Tata Steel’s Port Talbot blast furnaces nearing the end of their lives, the company’s U.K. steelmaking operation faces an uncertain future, according to reports. 

Fully Staffed Plants a Matter of Safety, Cleveland-Cliffs CEO Says

04 May 2023 - Since acquiring AK Steel, ArcelorMittal’s legacy U.S. mills, and scrap recycler Ferrous Processing and Trading, Cleveland-Cliffs has expanded its headcount by more than one-third, chief executive Lourenco Goncalves said during a union event, reports The Times newspaper of northwest Indiana. 

JSW Steel USA to Upgrade Ohio Plant 

02 May 2023 - JSW Steel USA will invest US$145 million in its Mingo Junction, Ohio, flat-rolled facility to better serve growing markets in the renewable energy and infrastructure sectors, the company said Tuesday. 

Baosteel, Saudi Arabia Announce Joint Venture Plate Mill 

02 May 2023 - China’s Baoshan Iron & Steel Co. Ltd. and Saudi Aramco have agreed to establish a 1.5 million-metric ton plate mill in Saudi Arabia, the companies have announced.

Cleveland-Cliffs, Machinists Union Shake Hands on Labor Contract

26 April 2023 - Cleveland-Cliffs Inc. and union workers at its Middletown, Ohio, USA, mill have reached a tentative, four-year labor agreement, the steelmaker said Wednesday. 

Coalition Releases Green Steel Standard

26 April 2023 - The Nucor Corp.-led initiative that is proposing a global standard for CO2 emissions has published the standard and is seeking industry input. 

CEC Lands Engineering Contract for Steel Dynamics' Aluminum Mill 

26 April 2023 - Steel Dynamics Inc. has awarded an engineering contract to Pittsburgh-based Civil & Environmental Consultants Inc. (CEC) for the steelmaker’s planned aluminum facilities. 

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