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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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North American Stainless Expansion Underway

01 February 2024 - Kentucky Gov. Andy Beshear and North American Stainless (NAS) executives recently celebrated progress on a US$244 million expansion of the company’s Ghent, Ky., USA, facility.

Cleveland-Cliffs Reports Second Successful BF Hydrogen Trial 

01 February 2024 - Cleveland-Cliffs Inc. has successfully completed a hydrogen injection trial on its Indiana Harbor No. 7 blast furnace, the company announced Friday. 

Australia to Support BlueScope BF Reline

31 January 2024 - BlueScope Steel has been awarded an AU$136.8 million grant in support of a blast furnace reline and plant upgrades at its Port Kembla facility. 

Japanese Banks Back Nippon Steel Acquisition of U. S. Steel

30 January 2024 - Nippon Steel Corp. has lined up US$16 billion in loans for its planned acquisition of United States Steel Corporation, the Reuters news service reports. 

JSW Steel Sees Indian Steel Demand Growing 

30 January 2024 - India’s JSW Steel is forecasting that Indian steel demand could grow 8% to 10% in the next few years, driven in part by infrastructure construction, according to the company’s managing director. 

U. S. Steel to Close Clairton Coke Oven Battery

29 January 2024 - United States Steel Corporation will permanently idle the No. 15 coke oven battery at its Clairton, Pa., USA, coke plant and invest US$19.5 million in upgrades to coke oven gas cleaning facilities as part of a proposed settlement over emissions incidents at the plant. 

SDI Prepares to Start New Processing Lines  

25 January 2024 - Steel Dynamics Inc. (SDI) has completed construction of its four new paint and galvanizing lines and expects to commission them sometime before the end of March, the company’s chief executive officer has said.

Degasser, Caster Improvements Slated for JSW Steel USA Mill 

24 January 2024 - JSW Steel USA has contracted Primetals Technologies to build what will be North America’s largest twin-station vacuum tank degasser and to upgrade the slab caster at its Ohio mill. 

Nippon Steel: We’re the Right Investor for U. S. Steel 

23 January 2024 - Nippon Steel Corp.’s leading executives on Tuesday reiterated promises that the company would honor United States Steel Corporation’s collective bargaining agreements and would share technology that would improve the iconic steelmaker’s competitiveness. 

H2 Green Steel Reaches New Funding Milestone

22 January 2024 - H2 Green Steel has signed definitive debt financing agreements amounting to EUR4.2 billion and has raised an additional EUR300 million in equity, the startup producer said Monday. 

Salzgitter Chooses SMS group for HSM Improvement

22 January 2024 - Salzgitter Flachstahl GmbH is upgrading its hot strip mill with a comprehensive technology package from SMS group, the equipment manufacturer has announced. 

Tata Steel Announces Plan to Replace U.K. BFs with EAFs

19 January 2024 - Tata Steel will close its two U.K. blast furnaces and replace them with electric arc furnaces as part of an effort to decarbonize its operations, the steelmaker announced Friday.

NSC-USS Sale Doesn’t Impact National Security, Says Former Treasury Secretary

19 January 2024 - Former Treasury Secretary Lawrence Summers said national security is a non-issue when it comes to the Nippon Steel Corp. acquisition of United States Steel Corporation, reports the Bloomberg news service.

voestalpine Contracts Primetals Technologies for EAF Build

17 January 2024 - voestalpine has placed an order with Primetals Technologies for a 180-metric-ton electric arc furnace, the equipment manufacturer has announced. 

Report: Danieli, Metinvest Stepping In to ILVA Plant  

17 January 2024 -  Italian plant manufacturer Danieli and Ukraine’s Metinvest have reached an agreement with the Italian government to reboot the former ILVA plant in Tuscany, according to the Reuters news service. 

Automotive Supplier Partners with H2 Green Steel 

17 January 2024 - Global automotive supplier KIRCHHOFF Automotive has signed a seven-year, EUR130 million supply agreement with H2 Green Steel, the steelmaking startup has announced. 

ArcelorMittal Moves French Decarbonization Project Forward 

15 January 2024 - ArcelorMittal is advancing early plans for a major decarbonization project at its Dunkirk steel works in France, moving it to the front-end engineering design stage, the company has said. 

USW Files Grievances over U. S. Steel Sale

15 January 2024 - The United Steelworkers union is challenging United States Steel Corporation’s proposed sale to Nippon Steel Corp., arguing that U. S. Steel violated terms of the basic labor agreement with the union, reports the Pittsburgh Post-Gazette. 

One of the World’s Largest Steelmakers Lays Plans for the World’s Largest Mill

11 January 2024 - ArcelorMittal intends to build its Hazira, India, plant into the world’s single-largest steelmaking complex, company founder Lakshmi Mittal has announced, according to The (India) Economic Times. 

Erdemir Announces US$3.2B Decarbonization Investment 

11 January 2024 - Turkish steelmaker Erdemir said it will invest US$3.2 billion to reduce its emissions by 25% over the next seven years. 

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