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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

Tenova Pomini Sells Three More Roll Grinders Into Vietnam 

29 June 2020 - Vietnam’s Hoa Phat Group has commissioned three new roll grinders at its new Dung Quất flat-rolled mill in Quảng Ngãi Province, according to Tenova Pomini, which supplied the equipment. 

This Digital Duo is Punching Up Severstal’s Pickling Production   

29 June 2020 - Severstal believes that two digital tools developed in-house could tease an additional 80,000 metric tons of production out of one of its continuous pickling lines, the company reports. 

ArcelorMittal Lays Out European Climate Action Plan

26 June 2020 - ArcelorMittal Europe intends to become carbon neutral in the next 30 years by transitioning to a direct-reduction based production route and by investing in technology and equipment to store or recycle its carbon output. 

Nucor, AK Steel Receive Supplier Honors

26 June 2020 - AK Steel and Nucor have been recognized as GM Suppliers of the Year, a honor presented to the automaker’s vendors that distinguish themselves by providing innovative technologies and high-quality parts, materials and services. 

SAIL, Danieli Complete Performance Testing on Rebuilt BF

25 June 2020 - A rebuilt Steel Authority of India Ltd. (SAIL) blast furnace has passed its final performance test with flying colors, reports project contractor Danieli Corus. 

Salzgitter Takes Next Step in Hydrogen Project

24 June 2020 - Salzgitter and industrial partners Rhenus and Uniper will explore the feasibility of building a direct reduced iron plant and associated hydrogen electrolysis plant at a deepwater port in northern Germany, the company announced Wednesday.

Tenova, ORI Martin Partner Up on Smart Factory Project

23 June 2020 - Italian special steel producer ORI Martin is collaborating with Tenova on a project to transform the steelmaker’s Brescia plant into a smart factory. 

Stelco, DTE to Build Cogen Plant

19 June 2020 - Stelco Inc. is partnering with DTE Energy Services Inc. on construction of a 65-MW cogeneration plant at the steelmaker’s Lake Erie Works in Ontario, Canada, Stelco has announced. 

SDI Issues Q2 Guidance

19 June 2020 - Steel Dynamics Inc. (SDI) expects to report second-quarter earnings in the range of 29 cents to 33 cents per share, but is looking for business to improve as steel-consuming businesses resume operations.  

Nucor: Q2 Likely to Be Better Than Expected   

18 June 2020 -   Nucor Corp. is forecasting second-quarter earnings of 10 cents to 15 cents per diluted share, a better-than-expected result that is supported in part by non-residential construction demand, the company said Thursday. 

IAC Secures Ancillary Equipment Order From New SDI Mill 

18 June 2020 - Kansas-based Industrial Accessories Co. (IAC) recently was awarded contracts to install certain ancillary components of Steel Dynamics Inc.’s new flat-rolled mill in Texas. 

Flat-Rolled Demand Is Beginning to Improve, U. S. Steel Says

17 June 2020 - United States Steel Corporation expects to report a second-quarter loss, but said it believes the quarter will mark the bottom of this year’s COVID-19 downturn.  

Big River Steel Announces Partnership With Koch Metallics

17 June 2020 - Big River Steel has signed an agreement that will make a Koch family business the steelmaker’s exclusive metallics procurement agent. 

Report: JSW Steel Putting Ohio EAF Back Into Service 

16 June 2020 - JSW Steel is restarting its Mingo Junction hot rolling mill and electric arc furnace this week following a shutdown that began in mid-April, reports commodities news and pricing service S&P Global Platts. 

Aditya Mittal Joins ArcelorMittal Board 

15 June 2020 - Aditya Mittal, ArcelorMittal chief financial officer and likely successor as chief executive, has been elected to the company’s board of directors. 

MMK Mill Breaks Monthly Production Record 

15 June 2020 - A PJSC Magnitogorsk Iron and Steel Works sheet mill rolled more than 500,000 metric tons in May and set a new company record in the process. 

GFG Alliance Accelerates Carbon Reduction Investment Plans

12 June 2020 - GFG Alliance is stepping up investment plans but will seek cost savings and efficiency gains throughout its global operations as it looks to adapt to a new environment. 

Report: U. S. Steel Restarts Idled Furnace

11 June 2020 - United States Steel Corporation has put the No. 1 blast furnace at its Mon Valley Works back into service, reports commodities news and pricing service Argus Media. 

Germany Lays Big Bet on Hydrogen

11 June 2020 - Germany plans to invest EUR9 billion in efforts that promote hydrogen production and use under a national hydrogen strategy adopted Wednesday. 

Gerdau, Robotics Specialist Form Strategic Partnership 

10 June 2020 - Building on a five-year relationship, Gerdau has struck up a strategic partnership with Italian robotics specialist Polytec Robotics to develop new products and solutions.

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