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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
Hyundai Steel Mass Produces 1.8 GPa Hot Stamping Steel
15 February 2022 - The Korean steelmaker announced last week it has successfully achieved volume production of super-strong hot stamping steel.
SDI Cuts Ribbon on Sinton Facility
14 February 2022 - In a ceremony last week, company executives, local officials and Texas Governor Greg Abbott cut the ribbon on Steel Dynamics’ 1.2-million-square-foot facility in Sinton, Texas, USA.
Report: Ecolant Breaks Ground on DRI-Fed EAF Steel Plant in Russia
14 February 2022 - Ecolant, a company of OMK owner Anatoly Sedykh, has broken ground on a Rb150 billion (US$2 billion) direct reduced iron–fed electric arc furnace mill in Vyksa, Russia, according to S&P Global Platts.
Cleveland-Cliffs Reports Q4 and Full-Year 2021 Earnings
11 February 2022 - Cleveland-Cliffs Inc. today announced its 2021 full-year earnings of US$5.36 per diluted share, compared to a net loss in 2020 of $0.32 per diluted share. Fourth-quarter net income was US$1.69 per diluted share, compared to US$0.14 per diluted share for the same period in 2020.
MMK Ranked Among World’s Most Sustainable Steelmakers by S&P Global
11 February 2022 - Russia’s Magnitogorsk Iron & Steel Works (MMK) has been named by S&P Global as one of the world’s top companies for sustainability initiatives, the steelmaker announced today.
U. S. Steel Breaks Ground on Arkansas Mill
10 February 2022 - United States Steel Corporation has broken ground on its planned electric arc furnace (EAF)-based flat-rolled mill, celebrating the start of a US$3 billion project the company says will accelerate its transformation.
The Systems Group Tapped for EVRAZ Rocky Mountain Steel EAF Upgrade
10 February 2022 - The Systems Group has received an order for new electric arc furnace (EAF) spray cooling equipment and a comprehensive engineering package for EVRAZ North America’s Pueblo, Colo., USA, operations, the supplier announced this morning.
Tata Steel to Build Mini Steel Recycling Plants
09 February 2022 - According to top company officials, Tata Steel is gearing up to build small-sized factories to make reinforced steel from scrapped automobiles and other products.
Danieli Wins Contract for Long Products Mill From Yukun I&S
09 February 2022 - The equipment supplier’s scope of supply will include four new casters and seven new rolling mills for bar and wire rod for a project in Eshan county, China.
Tenaris to Revive Heat Treating Line at Koppel Steel Works
08 February 2022 - The heat treatment line at Tenaris’ Koppel, Pa., USA, tube mill will return to operation in April after more than two years of inactivity, the steelmaker has announced.
U. S. Steel Joins Effort to Develop Low-Carbon Industrial Hub in Northern Appalachia
07 February 2022 - United States Steel Corporation has teamed up with six major industrial players in an effort to establish a new hub for decarbonization technology in Ohio, Pennsylvania and West Virginia.
ArcelorMittal to Transform French Operations With €1.7 Billion Investment
07 February 2022 - In an official ceremony last week, ArcelorMittal revealed that it has won the backing of the French government for a €1.7 billion plan to decarbonize its Fos-sur-Mer and Dunkirk operations.
To Win Gold, Winter Olympians Turn to Steel
04 February 2022 - At this year’s Winter Olympics in Beijing, China, many elite athletes will rely on the strength and durability of voestalpine advanced steel grades as they push the limits of their disciplines.
SDI Among Fortune’s Most Admired Companies
03 February 2022 - Fortune Magazine has ranked the Indiana-based steel producer among the top in the industry in its annual Most Admired Companies list.
Nucor, Vale Complete Purchase of California Steel Industries Shares
03 February 2022 - In separate statements this week, Nucor and Vale announced that the former’s purchase of the latter’s 50% equity interest in California Steel Industries (CSI) has completed.
Tenova to Provide NextGen® System for Celsa France
03 February 2022 - The French steelmaker has placed an order for Tenova Goodfellow’s iEAF® technology platform using the NextGen® system, Tenova announced yesterday in a press release.
Fortune Magazine Ranks Nucor Top of Its Industry
02 February 2022 - The magazine’s list of World's Most Admired Companies is compiled annually through a survey of nearly 4,000 executives, directors and securities analysts.
Salzgitter Unveils “Salzgitter AG 2030” Strategy
02 February 2022 - The German steel producer today presented its strategy to establish itself as a leader for circular economy solutions through closed-loop value flows and supply chains.
Severstal Invests in New Low-Carbon Hydrogen Technology
02 February 2022 - Severstal has announced that it has invested in Ekona Power Inc., a developer of low-carbon hydrogen production technology.
Gerdau To Cut 10% of Its Carbon Emissions by 2031, Go Carbon Neutral in 2050
02 February 2022 - Gerdau plans to reduce its Scope 1 and 2 emissions rate to less than 50% of the global industry average by 2031 and reach carbon neutrality by 2050, according to an official press release.
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