Steel News

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.

Vale to Weigh Potential of Port-Based HBI Plant

27 September 2023 - Iron ore miner Vale has signed a memorandum of understanding with a southeastern Brazilian port to explore development of a hot briquetted iron hub, the company has announced.

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.

Indian Mill Starts Sarralle Ladle Furnace

22 September 2023 - A Sarralle-built ladle furnace has been successfully hot commissioned at India’s ESL Steel Ltd.-Vedanta, the equipment manufacturer reports.

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.

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.

ABB, SMS group Tag Team on Hot Strip Mill Drivetrain

20 September 2023 - ABB is partnering with SMS group to deliver the medium-voltage motors and drives to the new AM/NS India hot strip mill in Hazira, the companies report.

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.

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.

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.

Volvo Agrees to Purchase Green Steel

14 September 2023 - Volvo Group has committed to purchasing low-CO2 steel from H2 Green Steel’s planned plant in northern Sweden, the company has announced.

Egypt Lays Plans for US$1 Billion Mill

14 September 2023 - Egypt is planning to invest US$1 billion in a flat steel facility that would produce for both the domestic and flat-rolled markets, reports Business Insider.

voestalpine Embarks Upon a New Era in Steelmaking

14 September 2023 - voestalpine has broken ground on a EUR450 million electric arc furnace (EAF) at its Donawitz plant in Austria, the first of two that the steelmaker will build, the company has said.

Midrex: Global DRI Output Increased in 2022

14 September 2023 - Global direct reduced iron (DRI) production rose 6.9% last year, growing to a record 127.4 million metric tons, according to Midrex Technologies’ annual tally.

BlueScope Executes On New Zealand EAF Project

11 September 2023 - The steelmaker announced that it has received board approval on a NZ$300 million (US$177 million) electric arc furnace (EAF) project at its New Zealand Steel works at Glenbrook, and that the project has moved into execution.

H2 Green Steel Exploring Projects in North America, South America

07 September 2023 - As H2 Green Steel looks to build its first plant in Sweden, it also is weighing potential green hydrogen and direct reduction projects in the U.S., Canada, Brazil and Portugal, reports the (London) Financial Times.