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Latest News

Clean and Green: Electra and Interfer Sign Collaboration Agreement 

17 December 2024 - Ironmaking startup Electra has signed an memorandum of understanding (MOU) with a German steel importer to collaborate on clean iron production for specialty steel. 

Australian Consortium Chooses Western Australia Location for Electric Smelting Furnace

17 December 2024 - A consortium made up of Australia’s two largest iron ore miners and its largest steelmaker have selected a location for a proposed ironmaking electric smelting furnace pilot plant.

SDI Guides to Lower Q4 Earnings

17 December 2024 - Steel Dynamics Inc. (SDI) expects to see its fourth-quarter profits fall partly on account of lower average prices for its mills and an unplanned outage at its Butler, Ind., USA, facility.

SSAB Veteran to Head European Division 

17 December 2024 - SSAB has promoted its European division’s head of business development to the helm of the unit. 

Nucor Forecasts Q4 Earnings Decline

17 December 2024 - Nucor Corp. is cautioning that fourth-quarter earnings are expected to fall more than 80% over the same quarter last year.

ANDRITZ Contracted for Austrian Galv Line Improvement

12 December 2024 - voestalpine has selected ANDRITZ to modernize the electrical and automation systems of one of its hot-dip galvanizing lines. 

SSAB Secures Domestic Scrap Source 

12 December 2024 - SSAB has signed a strategic cooperation agreement with Swedish recycler Stena Metall, providing for deliveries of recycled scrap metal to SSAB’s new electric arc furnace in Oxelösund.

Rio Tinto Agrees to Supply DR-Grade Pellets to GravitHy

11 December 2024 - Iron ore miner Rio Tinto has struck an agreement to supply a French ironmaking startup with high-grade, direct reduction pellets and to manage sales and marketing of the hot-briquetted iron the startup will produce.

SSAB Receives Funding for Process Conversion 

11 December 2024 - SSAB has been awarded SEK1.45 billion in public funding for decarbonization efforts at its Luleå plant. 

Report: Nippon Steel Shares Details on U. S. Steel Investment Plans 

09 December 2024 - Seeking support from the United Steelworkers (USW) union for its acquisition of United States Steel Corporation, Nippon Steel Corp. has made new commitments as to the timing and purpose of its previously announced US$1.4 billion investment in the iconic steelmaker. United States Steel Corporation. 

Research Team Makes Breakthrough in Ironmaking Technology

09 December 2024 - A Chinese research team reportedly has developed a flash ironmaking technology that can reduce ore iron within seconds rather than hours and works exceptionally well with lower-grade feedstocks.  

Danieli Receives Order for Indian Bar Mill

05 December 2024 - The Steel Authority of India Ltd. has awarded a contract to Danieli for a new bar mill and reheat furnace to be built in Durgapur.

Mittal: Better Policy Needed to Preserve European Steelmaking

04 December 2024 - If Europe wants to continue to produce iron and steel, then it must immediately commit to building a better policy framework, ArcelorMittal founder and executive chairman  Lakshmi Mittal writes in a (London) Financial Times op-ed. 

SMS group Tapped for EAF Power Feeder System

27 November 2024 - SMS group has been contracted to integrate an electrical direct feed system into a new electric arc furnace being built at SSAB’s Oxelösund steel plant in Sweden.

Celsa Group Divests U.K., Nordic Facilities 

21 November 2024 - Spain’s Celsa Group has agreed to sell mills in the United Kingdom and the Nordic region to Sev.en Global Investments, a Czech-based investment group. 

Primetals Technologies Bags Order for U.S. EAF

20 November 2024 - Primetals Technologies has won an order for a 68-ton electric arc furnace from an unidentified U.S. producer. 

 Plasma Specialist Signs for Tech Trial at Major Steel Manufacturer

19 November 2024 - PyroGenesis Inc., a Canadian company that develops and manufacturers plasma-based solutions for iron ore pelletization, will trial its technology with a multinational steel producer, the company has said.

ArcelorMittal Starts New Galv, Annealing Line

18 November 2024 - ArcelorMittal Brazil has started up a new US$345 million galvanizing and continuous annealing line at its Vega unit in São Francisco, reports BNAmericas. 

Report: U.S. Steelmakers Will Need 174 Terawatt-Hours of Electricity by 2050

18 November 2024 - Green energy needs steel. And steel need green energy. But just how much? 

SSAB Highlights Decarbonization Efforts at COP29

14 November 2024 - SSAB is joining Business Sweden’s delegation to the United Nations Climate Change Conference, COP29, in Baku, Azerbaijan, the company reports.

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