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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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Algoma, U. S. Steel Sign Iron Ore Agreement 

03 October 2023 - Algoma Steel is extending an iron ore purchase agreement with United States Steel Corporation, securing enough of the raw material to complete its transition from blast furnace production to electric arc furnace production. 

Danieli to Build Vertical Slab Caster for French Mill 

03 October 2023 - ArcelorMittal subsidiary Industeel has ordered a Danieli vertical slab caster for its Le Creusot plant in France. 

CMC Rebranding Is Nod to Its Evolution From Steel Producer to Construction Industry Partner

03 October 2023 - Commercial Metals Company is changing its name and logo to better reflect its goals, commitments and evolution, the steelmaker has announced. 

Nucor ‘Made for Good’ Campaign Highlights Sustainability Efforts 

03 October 2023 - Nucor Corp. has launched a campaign calling attention to its long history of clean steelmaking and its efforts to help customers achieve their sustainability goals. 

Tata Steel Reaps Big Gains With Big Data 

02 October 2023 - Through the use of big data and artificial intelligence, Tata Steel estimates that it has driven US$1.4 billion in EBITDA savings and is looking for more, reports The Hindu BusinessLine newspaper. 

ArcelorMittal Mexico Starts Automated Quality Control System

28 September 2023 - ArcelorMittal Mexico recently put an integrated quality control, production management and transport system from Primetals Technologies into service at is Lázaro Cárdenas site, the equipment supplier reports.

Nucor Looks to Fusion Technology as an Electricity Source

27 September 2023 - Nucor Corp. on Wednesday announced that it intends to bring fusion power to its steel mills through a collaboration with a company developing the technology.

Tata Steel CEO: Green H2 Is Answer to Indian Coal Dependence

26 September 2023 - India can reduce its dependence on coal through green hydrogen, Tata Steel chief executive officer and managing director TV Narendran said during a conference, reports Indian news service PTI.  

Hyundai Steel Plans to Launch Pipe Subsidiary

26 September 2023 - Hyundai Steel has decided to establish an independent steel pipe unit as part of an effort to streamline its portfolio, reports The Korea Times newspaper. 

Alton Steel Opens 6.5-MW Solar Facility

25 September 2023 - Special bar quality maker Alton Steel on Monday cut the ribbon on an on-site solar array that will meet 10% of the steel producer’s electricity needs. 

JSW Slows Pace on Teck Resources Coal Unit Deal

22 September 2023 - A diplomatic dispute between Canada and India is said to be slowing JSW Steel’s effort to acquire a stake in Teck Resources’ metallurgical coal unit, according to the Reuters news service.

Report: Stelco Interested in Acquiring U. S. Steel 

22 September 2023 - Canada’s Stelco is reportedly pursuing a bid for United States Steel Corporation, Bloomberg has reported.

Report: U. S. Steel, Cleveland-Cliffs at Odds in Sales Process

21 September 2023 - A dispute between Cleveland-Cliffs Inc. and United States Steel Corporation has emerged over a confidentiality arrangement, locking Cleveland-Cliffs out of a sales process that is underway, reports the Reuters news service. 

U. S. Steel, Energy Department Team Up for Carbon Sequestration Tech Test

20 September 2023 - United States Steel Corporation and the U.S. Energy Department will jointly test a way to pull carbon dioxide from flue emissions at the steelmaker’s Edgar Thomson plant in Pennsylvania. 

ANDRITZ Receives Order for 100-MW Electrolyzer 

20 September 2023 - Salzgitter has placed an order with ANDRITZ for a 100-MW hydrogen electrolyzer, a facility that will be one of Europe’s largest green hydrogen plants, the steelmaker has announced. 

Auto Strike Prompts U. S. Steel to Idle Blast Furnace 

19 September 2023 - United States Steel Corporation is temporarily idling the B blast furnace at its Granite City Works amid a strike by the United Auto Workers. 

Deacero Announces US$1 Billion Investment

19 September 2023 - Mexican steelmaker Deacero plans to add 1.2 million tons of capacity, a US$1 billion investment to be carried out over the next three years, reports Recycling Today. 

TYASA, Danieli Partner on SBQ Mill Build

19 September 2023 -   Danieli has won a contract to build a 350,000-ton bar mill for Mexico’s TYASA, the equipment manufacturer reports. 

Mercedes-Benz Chooses SDI for Low-CO2 Steel

19 September 2023 - Steel Dynamics Inc. (SDI) will provide more than 50,000 metric tons of reduced-CO2 steel to Mercedes-Benz’s plant in Alabama under a newly signed procurement agreement, the automaker has announced. 

U.K. Agrees to Help Fund Tata Steel Decarbonization Effort 

15 September 2023 - The U.K. government has agreed to provide GBP500 million in support of Tata Steel’s EAF conversion at its Port Talbot works, the company has announced. 

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