Steel News

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.

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.