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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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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. 

Citing ITC Decision, Cleveland-Cliffs to Idle Weirton Tin Mill 

15 February 2024 - Cleveland-Cliffs Inc. is indefinitely idling its Weirton, W.Va., USA, tin mill, laying the blame with the U.S. International Trade Commission (ITC) for its refusal to impose duties on imported tinplate.

BlueScope Steel Partners With Iron Ore Producers on Potential Electric Smelting Furnace 

15 February 2024 - Australia’s BlueScope Steel Ltd. and the country’s two biggest iron ore miners are collaborating on an effort to develop a pilot-scale electric smelting furnace. 

Gerdau Signs Danieli for Brazilian BF Upgrade 

15 February 2024 - Gerdau’s Ouro Branco mill has contracted Danieli Corus to modernize its No. 1 blast furnace, a project intended to extend the life of the unit for at least another 15 years. 

Solar Array Brings Clean Energy to SSAB Service Center 

15 February 2024 - An SSAB service center in Italy is being run entirely on fossil-fuel-free power after having installed a solar panel array on the roof of its facility, the company reports. 

JSW, JFE Cement Grain-Oriented Electrical Steel Joint Venture 

14 February 2024 - India’s JSW Steel and Japan’s JFE Steel have broken ground on a joint-venture electrical steel plant in India, the equivalent of a US$670 million investment that will bring about India’s first end-to-end manufacturer of grain-oriented electrical steel. 

Nippon Steel Reports Successful H2 Injection Trial 

14 February 2024 - Nippon Steel Corp. reduced blast furnace CO2 emissions by 33% during a month-long hydrogen injection trial, the company has reported. 

Local Planning Agency Signs Off on Proposed California Mill

14 February 2024 - A county planning commission has OK’d Pacific Steel Group’s proposed rebar micro-mill, sending it to the board of supervisors for approval, reports the Tehachapi News newspaper.  

Tenova LOI Thermprocess Reports Success in Hydrogen-Fueled Annealing Trial

08 February 2024 - Collaborating with Tenova LOI Thermprocess, thyssenkrupp Hohenlimburg has successfully annealed a batch of hot-rolled strip by way of a CO2-neutral process that produces low NOx emissions.

Primetals Technologies Contracted for Plate Mill Improvement

08 February 2024 - Hyundai Steel is upgrading a heavy plate mill with a new cooling system designed to reduce the overall hold time between the roughing and finishing stands.

U.S. ITC Ruling Strikes Duties on Tin Mill Products 

08 February 2024 - The U.S. International Trade Commission has rejected anti-dumping duties on tin mill products from several countries, finding that U.S. producers are not being harmed by imports from those places. 

Alton Steel CEO Jim Hrusovsky Announces Retirement, Successor Named 

06 February 2024 - Alton Steel Inc.’s (ASI) board of directors has named steel industry veteran Chris Ervin as chief executive officer, succeeding Jim Hrusovsky, who is retiring this fall. 

Goncalves: Cleveland-Cliffs Won’t Backstop U. S. Steel Sale

05 February 2024 - Cleveland-Cliffs Inc.’s bid for United States Steel Corporation is off the table and won’t be put back on should Nippon Steel Corp.’s plan to acquire the iconic manufacturer fall through, reports the Bloomberg news service.

Acquisition to Expand North American Stainless Footprint  

05 February 2024 - Acerinox subsidiary North American Stainless is acquiring high-performance alloys maker Haynes International in a cash deal valued at US$970 million, the companies announced Monday. 

EVRAZ North America Runs First Order on Rail Welding Line

01 February 2024 - EVRAZ North America’s Pueblo, Colo., USA, rail mill has completed its first production order on a new rail weld line, producing and shipping 1,600-foot lengths of continuously welded rail.

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