Steel News

Kardemir Casts a Bright Future With SMS Group

17 February 2025 - Kardemir has ordered a 5-strand combi-continuous caster from SMS Concast, part of the SMS group, to upgrade its facility in Karabük, Türkiye.

Nippon Steel’s Point Person for U.S. Steel Acquisition Returns to U.S.

14 February 2025 - Nippon Steel Corp. has dispatched vice chairperson Takahiro Mori to the United States to establish a framework for discussion with the Trump administration over the U. S. Steel acquisition, reports The Japan Times.

Outokumpu Decides Against U.S. Cold Rolling Expansion — For Now

13 February 2025 - Stainless steel producer Outokumpu is dropping plans to build new cold rolling capacity in the U.S. but instead is working to boost capacity at existing facilities, the company said Thursday.

Outokumpu Sees Nuclear as Feasible Energy Source

13 February 2025 - Outokumpu has determined that nuclear power could meet its green energy needs and is seeking external investors to back construction of a small modular reactor (SMR) for its Tornio, Finland, stainless steel plant.

Report: Nippon Steel to Invest In, Rather Than Buy, U. S. Steel

07 February 2025 - President Donald Trump on Friday said Nippon Steel Corp. would drop plans to acquire United States Steel Corporation and instead invest in the company.

ArcelorMittal Greenlights Alabama Electrical Steel Line; Nears Completion of EAF

06 February 2025 - ArcelorMittal has begun commissioning the new meltshop at its joint-venture rolling mill in Alabama and will move forward with a plan to build a 150,000-metric-ton electrical steel line nearby, the company announced Thursday.

Czech Mill Readied for Sale

06 February 2025 - The Czech Republic’s largest steel mill is going on the sales block, with the first round of bids due in by 23 April.

USW President Seeks Dismissal of U. S. Steel Lawsuit

05 February 2025 - The president of the United Steelworkers union has asked a judge to toss out a lawsuit against him, calling it frivolous, reports the Reuters news service.

JSW Steel Contracts SMS group for New BOF

05 February 2025 - JSW Steel Dolvi has ordered a 350-ton basic oxygen furnace (BOF) converter and other equipment from SMS group, the plant builder has announced.

Nippon Steel Looks to Fully Acquire Sanyo Special Steel

03 February 2025 - Nippon Steel Corp. is launching a JPY70.5 billion (US$464.2 million) tender offer for Sanyo Special Steel, saying that it will be better able to navigate an increasingly complicated global special steel business as a wholly owned subsidiary.

Tosyalı Goes Green With 1.2 GW Solar Surge

30 January 2025 - Turkish steelmaker Tosyalı has announced plans to invest almost US$1 billion to install 1.2 GW in solar power capacity for self-consumption across their steel mill sites.

Hollowing Out Innovation With Profile Rolling Mill

29 January 2025 - Austria’s voestalpine Tubulars has successfully commissioned and integrated a new profile rolling mill engineered by KOCKS into its hot tube rolling mill in Kindberg, Styria.

thyssenkrupp Commissions New NGO Annealing, Isolating Line

29 January 2025 - thyssenkrupp Steel Europe is starting up a new electrical steel processing line at its Bochum, Germany, plant, reports project contractor SMS group.

Nucor Reports Profitable Q4 — And a Very Safe 2024

29 January 2025 - Nucor Corp. posted a fourth-quarter profit and reported its safest year on record, saying that accomplishment came in the context of many active year construction projects and ramp-ups.

Partnership Forms to Produce Green Steel Tower for Wind Turbine

28 January 2025 - ENERCON, Salzgitter AG and TMGROUP are collaborating to produce a green steel tower which will be part of the Diepholzer Bruch wind farm project in Lower Saxony, Germany, early this year.

Investment Firm Seeks to End Nippon Steel Merger

27 January 2025 - A Cleveland investment firm has launched a proxy battle over United States Steel Corporation, arguing that the Nippon Steel merger should be abandoned and that its future should be as a stand-alone entity.

SDI Reports Profitable Q4, Begins Commissioning of Aluminum Plant

23 January 2025 - Steel Dynamics Inc. (SDI) posted a fourth-quarter profit of US$1.36 per diluted share and said it expects to see healthy demand in the year ahead.

ABB to Provide Automation, Control Tech to Swedish Ironmaker

23 January 2025 - Swedish startup GreenIron has selected ABB to provide automation and control system solutions for its first commercial facility in Sandviken.

Danieli Wins Order for JSPL Quench System

21 January 2025 - Jindal Steel & Power Ltd. has decided to install a Danieli Exstream II direct quench system at its Steckel mill in Raigarh, India, Danieli has announced.

Hyundai Steel Sales to Outside Automakers Tops 20%

21 January 2025 - Hyundai Steel has reached a new sales milestone, selling more than 1 million metric tons of automotive sheet in 2024 to foreign automakers other than affiliates Hyundai and Kia, reports The Korea Economic Daily.