Steel News

Valbruna ASW Puts New EAF into Service

03 March 2023 - Special steel producer Valbruna ASW Inc. has started up a new Tenova-built electric arc furnace (EAF), the equipment manufacturer has said.

U. S. Steel Opens Discussions on Potential Carbon Capture Project

02 March 2023 - United States Steel Corporation is considering a potential carbon capture project at its Gary, Ind., USA, facility, announcing Thursday that it has opened discussions with the developer of a carbon capture and reuse technology.

thyssenkrupp Selects SMS group for EUR1.8 Billion Plant Project

01 March 2023 - thyssenkrupp has placed an EUR1.8 billion order with SMS group for a hydrogen-based direct reduction plant, two melting units and ancillary equipment.

Gerdau Upgrades Slab Caster Process Optimization Software

28 February 2023 - Gerdau has completed a process optimization and quality control upgrade at its Ouro Branco mill in Brazil, according to Primetals Technologies.

The World’s No. 2 Met Coal Exporter is Spinning Off Its Coal Mines. Here’s Why.

23 February 2023 - Canadian miner Teck Resources Ltd. is splitting off its metallurgical coal business into a separate public company that will be owned in part by two of its biggest steelmaking customers, the company has announced.

Nucor Board Approves Additional Funding for W.Va. Sheet Mill

23 February 2023 - Nucor Corp. has marked up the price tag on its planned West Virginia sheet mill, saying the project will cost US$400 million more than first thought.

Danieli Lands Order for Two Slab Casters

23 February 2023 - Joint-venture steelmaker AM/NS India has contracted Danieli to build two double-strand slab casters for its Hazira works in India, the equipment supplier has announced.

ArcelorMittal Mill Wraps Up Converter Replacement

23 February 2023 - ArcelorMittal Zenica has put a new Primetals Technologies-built LD converter into service, the equipment manufacturer reports.

Commercial Metals Company Names New President

22 February 2023 - Commercial Metals Company (CMC) chairman and chief executive Barbara R. Smith will be handing off the presidency of the company as part of CMC’s succession planning, the long products maker has announced.

New Roller Leveler Up and Running at Nucor Plate Mill

22 February 2023 - Nucor Corp. has put a new heavy plate roller lever into service at its Tuscaloosa, Ala., USA, facility, according to the manufacturer of the equipment.

Algoma Reports Progress on Meltshop Project

20 February 2023 - Algoma Steel has reached a new milestone in construction of its electric arc furnace based meltshop, setting the first structural steel columns that will support the facility.

thyssenkrupp Exploring Electrical Steel Opportunities in India

20 February 2023 - thyssenkrupp has opened discussions with the Indian government about expanding electrical steelmaking capacity in the country, reports Indian business publication Mint.

Salzgitter Completes Acquisition of German Recycler

20 February 2023 - Salzgitter AG’s scrap and alloys subsidiary Deutsche Erz- und Metall-Union has acquired Germany’s Must-Metalle-Container-Recycling.

Spain Grant to ArcelorMittal Decarbonization Project Cleared

20 February 2023 - The European Commission has OK’d a EUR460 million grant Spain plans to give to ArcelorMittal’s Gijon facility in support of its decarbonization efforts.

Turkish Mills Remain Shut in Earthquake’s Aftermath

16 February 2023 - The devastating earthquakes in Turkey and Syria have disrupted up to one-third of Turkey’s steel production, with mills closing as they look for workarounds to workforce and power problems, reports S&P Global Commodity Insights.

Ternium to Invest US$2.2 Billion in North American Slab Plant, DRI Furnace

16 February 2023 - Ternium announced Tuesday that it will invest US$2.2 billion in a North American electric arc furnace–based slab plant and direct reduction furnace.

GM Signs for U. S. Steel’s Sustainable Steel

16 February 2023 - United States Steel Corporation has signed an agreement to supply General Motors with verdeX, its branded line of sustainable steel, U. S. Steel announced Wednesday.

SSAB to Explore Sustainable Quicklime Use in Steel Production

16 February 2023 - SSAB, a Swedish technology company and a limestone producer will conduct preliminary research on incorporating sustainably produced quicklime into SSAB's steelmaking process.

YK Steel Turns to SMS group for Rebar Mill

13 February 2023 - South Korean steelmaker YK Steel has awarded a contract for a complete rebar mini-mill to SMS group.

Swiss Steel Group Introduces New Thermomechanically Rolled Steel

13 February 2023 - Swiss Steel Group has developed a high-strength steel that reportedly can be made without the need for expensive alloys and supplementary heat treatment.