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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
CMC Reports Record First-Quarter Results
11 January 2022 - Commercial Metals Company (CMC) yesterday announced financial results for its fiscal first quarter ending 30 November 2021, which included record core EBITDA levels for the third consecutive month.
Commercial Metals Company To Build New Micro-Mill in Eastern U.S.
10 January 2022 - Commercial Metals Company (CMC) announced this morning that it intends to build a brand-new long products micro-mill somewhere in the eastern United States.
ATI California Facility Sold to Ulbrich Stainless
10 January 2022 - Steel re-roller and distributor Ulbrich Stainless Steels & Special Metals Inc. has acquired ATI Specialty Rolled Products’ Pico Rivera, Calif., USA, service center, according to an official press release.
POSCO and HBIS Break Ground on Automotive Sheet Joint Venture
10 January 2022 - POSCO and HBIS Group announced last Friday that work has begun on a new US$647 million sheet mill located in China’s Hebei province, reports the Reuters news service.
Danieli Corus Tapped for Two Blast Furnaces for Hoa Phat
05 January 2022 - The two blast furnaces will add 5.6 million metric tons per year of capacity to the Vietnamese steelmaker’s Dung Quat steel complex II, according to Danieli.
Report: ArcelorMittal and Partners Receive €10M for Electrolysis Plant in Bremen
04 January 2022 - According to reports, ArcelorMittal Bremen, swb AG and EWE AG have received a subsidy of more than €10 million to construct a 12-MW electrolysis plant in Bremen, Germany, to produce green hydrogen by means of renewable energy.
POSCO to Memorialize Oldest Blast Furnace
04 January 2022 - POSCO shut down its oldest blast furnace in Pohang last week, and plans to turn it into a museum.
Metalloinvest Launches Ore Beneficiation Pilot Plant
21 December 2021 - Metalloinvest announced last week the launch of a pilot plant at Mikhailovsky GOK intended to model iron ore beneficiation processes and develop new high-quality products.
Ternium Announces US$98 Million Expansion to Louisiana Mill
20 December 2021 - Ternium USA Inc. last week unveiled plans to build a second steel coil coating line at its Shreveport, La., USA, facility, according to a report by the Shreveport Times.
Another Record Quarter Expected for SDI
17 December 2021 - Steel Dynamics Inc. (SDI) provided earnings guidance yesterday for the fourth quarter of 2021 ranging from US$5.46 to US$5.50 per diluted share.
Metinvest, SMS group Sign MOU on Decarbonization Technologies
16 December 2021 - SMS group announced yesterday it has signed, along with its subsidiary Paul Wurth, a Memorandum of Understanding (MOU) with Metinvest to work together to tackle decarbonization.
Nucor Anticipates Another Record Quarter
15 December 2021 - In a press release today, Nucor Corp. issued guidance for its fourth quarter ending 31 December 2021, which it expects to be the highest in the company’s history.
ArcelorMittal Commits Additional US$30 Million to LanzaTech Carbon Capture Technology
14 December 2021 - ArcelorMittal, through its XCarb™ innovation fund, will invest US$30 million in carbon capture and utilization (CCU) company LanzaTech, according to an official press release.
thyssenkrupp Awarded 2-GW Electrolysis Installation Contract
14 December 2021 - thyssenkrupp was awarded a contract to supply a 2-GW electrolysis plant to NEOM, one of the world's largest green hydrogen projects.
Nucor Stakes Majority Claim to California Steel Industries
13 December 2021 - In a press release, Nucor Corp. announced today that it entered into agreements to acquire a majority ownership position in California Steel Industries Inc. (CSI), consisting of a 50% equity interest from a subsidiary of Vale S.A. and 1% from JFE Steel Corp.
Primetals Technologies Starts Up Continuous Casters at JSW
13 December 2021 - In October 2021, two continuous slab casters supplied by Primetals Technologies were started up at JSW Steel Ltd.’s Dovi plant in Maharashtra, India.
Danieli to Supply Bar-in-Coil Line for Arjas Steel
13 December 2021 - Danieli has been tapped by Arjas Steel to supply a new bar-in-coil line which will produce bars in coil for both international and domestic markets.
This New Railcar Hauls More Cargo With Less Energy Thanks to High-Strength Steel
13 December 2021 - United States Steel Corporation, in partnership with rail giant Norfolk Southern and freight builder Greenbrier, have developed and launched a next-generation sustainable railcar made of advanced high-strength steel.
POSCO to Shift Steel Operations to New Holding Company
13 December 2021 - South Korean steelmaker POSCO announced last week that it plans to spin off its steelmaking arm into a separate, unlisted holding company, POSCO Holdings Inc.
American Precoat Opens Automotive-Grade Electro-Galvanized Steel Plant in India
13 December 2021 - American Precoat Specialty Pvt. Ltd. has built a continuous electrogalvanized steel plant in Valsad, Gujarat, India, according to news outlet Zee News.
