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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
CELSA France Fires Up New Reheating Furnace From Fives
22 March 2022 - Fives announced last week that the ultralow-emission reheating furnace, which has a capacity of 120 metric tons per hour, was started up at the brand-new wire rod mill at CELSA Group’s new complex in the New Aquitain region in France.
Salzgitter Shakes Up Company Structure, Partners With Volkswagen to Supply Low-Carbon Steel for EVs
22 March 2022 - German steelmaker Salzgitter AG announced a reorganization of its steelmaking operations, as well as a new agreement with Volkswagen Group to supply low-carbon steel for future vehicles.
U. S. Steel Provides First Quarter Earnings Guidance
21 March 2022 - United States Steel Corporation last week provided earnings guidance for the first quarter 2022 with adjusted diluted earnings per share expected in the range of US$2.96 to US$3.00.
Nucor Steel–Arkansas Issues FAC on Hot Strip Mill Drives Upgrade From Primetals Technologies
21 March 2022 - The final acceptance certificate (FAC) for the F5 and F6 main drive upgrade completes the third phase of the full replacement of Nucor Steel–Arkansas’ six main mill stand drives at its hot strip mill.
Danieli to Supply Rail Head Hardening System for ArcelorMittal Poland
21 March 2022 - The equipment supplier has been tapped to provide its technology for a premium quality rails project at ArcelorMittal Poland in Dąbrowa Górnicza, Poland.
Ukrainian Steel Plant Damaged by Russian Missile Strike
21 March 2022 - Metinvest’s Azovstal plant in the Mariupol region of Ukraine was the target of shelling by invading Russian forces, severely damaging one of Europe’s largest steel plants.
ArcelorMittal to Build €300 Million Electrical Steel Unit in France
17 March 2022 - Today ArcelorMittal announced plans for a new production unit at its Mardyck, France, operations dedicated to producing steels for the growing electric vehicle market.
Nucor, SDI Share Q1 2022 Earnings Guidance
17 March 2022 - Both companies reported strong quarters throughout 2021 and in Q1 of 2022, they are expecting a quarter similar to their last quarters in 2021.
Commercial Metals Company Reports Record Second Quarter Earnings
17 March 2022 - Commercial Metals Company (CMC) earned US$383.3 million in revenue on net sales of US$2 billion in its fiscal second quarter, its second-best performance in the company’s history, according to an official press release.
BlueScope Secures AU$55.4 Million Modern Manufacturing Grant
15 March 2022 - BlueScope announced today that they have received a Modern Manufacturing Initiative (MMI) grant from the Australian federal government.
New Green Hydrogen Plant Project to Support British Steel’s Decarbonization
14 March 2022 - Last week British Steel Ltd. celebrated the launch of a hydrogen electrolyzer plant project near its Teesside, U.K., steel works that will eventually provide the steelmaker with a local source of renewable green hydrogen for net-zero steel production.
Tosyalı Holding to Partner With Huawei and SolarAPEX on Solar Roof Project
14 March 2022 - Tosyalı Holding has announced plans to implement one of the world’s largest roof solar energy plants, in collaboration with Huawei and SolarAPEX, to continue the company's mission to reach a zero-carbon target.
ArcelorMittal Tubarão Becomes First Steel Mill in the Americas to Earn ResponsibleSteel Certification
10 March 2022 - The Brazilian mill has been recognized by global standards initiative ResponsibleSteel for its environmental, social and governance (ESG) performance, the steelmaker said.
Reports: JSPL Expects to See Demand Boost Created by War in Ukraine
10 March 2022 - India's Jindal Steel and Power Ltd. (JSPL) said it anticipates its exports to jump from 25% currently to 40% following the loss of steel production in Russia and Ukraine, according to The Economic Times.
Tenova and Salzgitter Shake Hands on 2.1-Million-Ton DRI Plant
08 March 2022 - Tenova has signed a memorandum of understanding with Germany’s Salzgitter AG to build a 2.1-million-metric-ton direct reduced iron (DRI) plant, the supplier announced today.
Schnitzer Steel Launches Line of Net-Zero Carbon Products
08 March 2022 - The manufacturer of recycled metal products announced yesterday the launch of a line of net-zero carbon products from its Cascade Steel operation in McMinnville, Ore., USA
Air Products, SARGAS to Build Additional Air Separation Unit at Jindal Shadeed Iron & Steel
08 March 2022 - The unit will be the third installation at Jindal Shadeed Iron & Steel in Sohar, Oman, and will increase the company’s nitrogen and oxygen production by 50%, according to Air Products.
Italian Steelmakers Partner on Coil Mill Joint Venture in Tunisia
07 March 2022 - Italy’s Marcegaglia Group has purchased a 50% joint venture stake in Sideralba S.p.A.’s galvanized coil subsidiary in Tunisia, according to Italian-language newswire agency ANSA.
Tenova to Build Largest Hydrogen DRI Plant in China for Baowu Group
03 March 2022 - Sinosteel Engineering & Technology Co. Ltd. has partnered with Tenova to build a 1-million-metric-ton direct reduced iron (DRI) plant for China’s Baosteel Zhanjiang Iron & Steel Co. Ltd., Tenova reports.
Reports: Steel Producers in Ukraine Halt Operations
03 March 2022 - In the wake of the Russian invasion of Ukraine, steel producers in Ukraine have slowed or halted production, according to several news sources.
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