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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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Latest News

Nucor Makes US$1B Acquisition in Construction Products Market   

07 June 2021 - Nucor Corp. is taking a bigger step into the downstream construction market, announcing Monday that it has an agreement to acquire Cornerstone Building Brands’ insulated metal panel (IMP) business for US$1 billion in cash. 

Tubemaker to Set Up Mill at SDI Site

07 June 2021 - Bull Moose Tube Co. has announced plans to build a 350,000-ton pipe and tube mill on the campus of a new flat-rolled steel mill in Texas. 

Steel of West Virginia Tapped for Milestone Shipbuilding Project 

07 June 2021 - Steel of West Virginia will supply 1,600 tons of a specialty bar product to what will be the first U.S.-flagged vessel designed to install offshore wind turbines.  

Danieli Completes Nucor Gearbox Rebuild 

03 June 2021 - Danieli has remanufactured and delivered a rolling mill stand pinion gearbox to Nucor Corp.’s Gallatin sheet mill in Kentucky, the equipment manufacturer reports. 

Gerdau Opts for Danieli Electrode Regulation System

01 June 2021 - Gerdau will outfit seven of its Brazilian mills with Danieli’s Q-REG electrode regulator system, according to the equipment manufacturer. 

Stelco Signs MOU With Battery Recycler

28 May 2021 - Stelco is partnering with a developer of lithium-ion battery recycling technology to establish an electric vehicle battery recycling operation in North America.  

Merger Will Make Algoma Steel Publicly Traded

25 May 2021 - An investment group has announced a deal to acquire Canada’s Algoma Steel Inc. and plans to take the steelmaker public.

AISI Elects Nucor CEO as Board Chairman

25 May 2021 - Nucor president and chief executive Leon Topalian has been elected as chairman of the American Iron and Steel Institute (AISI).

SDI’s Mark Millett Named Board Chairman

24 May 2021 - Steel Dynamics Inc. president and chief executive Mark D. Millett can now add board chairman to his title.

SDI Wins Permit for Texas Mill 

21 May 2021 - Steel Dynamics Inc. (SDI) has received the wastewater discharge permit for its Sinton, Texas, flat-rolled mill, reports the (Corpus Christi, Texas) Caller Times newspaper. 

Rebuilt SMS group Cold Mill Produces First Coil

21 May 2021 - Russia’s Magnitogorsk Iron & Steel Works (MMK) has produced the first coil on a rebuilt 2-stand cold rolling mill, according to project contractor SMS group. 

thyssenkrupp Explores Greater Scrap Use in Blast Furnaces

19 May 2021 - thyssenkrupp Steel and a German scrap recycler will together test a new process that could allow greater quantities of scrap to be used in blast furnace production, reducing carbon dioxide emissions. 

With Air Permit in Hand, CMC Looks to Begin Equipping New Mill 

19 May 2021 - Commercial Metals Company (CMC) has received an air permit for its planned micro-mill in Mesa, Ariz., clearing the way for mill construction to begin. 

Construction Underway on Salzgitter DRI Plant  

18 May 2021 - Salzgitter has broken ground on a demonstration-scale direct reduction plant that can operate with either natural gas or hydrogen, or both.

Usiminas Puts Replacement BOF on Order

18 May 2021 - Brazil’s Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas) has contracted Danieli Corus to build a replacement converter for its Ipatinga integrated steelworks.

Nucor Partners with Solar Systems Manufacturer

14 May 2021 - Nucor Corp. has signed an agreement to produce certain components for a New Mexico-based maker of steel solar panel tracking systems.  

Kobe Steel Looks to Cut Carbon Emissions

13 May 2021 - Kobe Steel Ltd. has become the latest steelmaker to publicly announce an emissions reduction goal, saying it will look to reduce CO2 output by 30% to 40% by 2030 from 2013 levels, reports the Reuters news service. 

Tenova Wins thyssenkrupp HDG Line Improvement Project 

13 May 2021 - Tenova LOI Thermprocess has been contracted to upgrade the burners on a thyssenkrupp galvanizing line in Germany, the equipment manufacturer has said. 

JFE, JSW to Consider Electrical Steel Mill

12 May 2021 - Japan’s JFE Steel Corp. and India’s JSW Steel Ltd. will together explore the potential of building a joint-venture electrical steel mill in India.

Nucor-Yamato Signs FAC for Rolling Mill Upgrade 

12 May 2021 - Nucor-Yamato Steel Co. has issued the final acceptance certificate on improvements to its No. 2 heavy beam mill, according to project contractor SMS group. 

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