Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
ArcelorMittal Takes Ownership of Brazilian Slab Plant
15 March 2023 - ArcelorMittal has finalized its acquisition of Brazil’s Companhia Siderúrgica do Pecém (CSP) for an enterprise value of approximately US$2.2 billion, the steelmaker has said.
thyssenkrupp Exploring Electrical Steel Opportunities in India
20 February 2023 - thyssenkrupp has opened discussions with the Indian government about expanding electrical steelmaking capacity in the country, reports Indian business publication Mint.
Turkish Mills Remain Shut in Earthquake’s Aftermath
16 February 2023 - The devastating earthquakes in Turkey and Syria have disrupted up to one-third of Turkey’s steel production, with mills closing as they look for workarounds to workforce and power problems, reports S&P Global Commodity Insights.
U. S. Steel Restarts Idled Mon Valley Works BF
06 February 2023 - Increasing demand has prompted United States Steel Corporation to restart the No. 3 blast furnace at its Mon Valley Works in Pennsylvania.
The World Made Less Steel in 2022. Here’s How Much Output Fell.
01 February 2023 - Global crude steel production declined 4.2% in 2022, according to the World Steel Association (worldsteel).
Swedish Producer Restarts Blast Furnace
01 February 2023 - SSAB has joined the list of European steel producers who have relit idled blast furnaces in recent weeks, reports Fastmarkets MB.
Nucor Plate Mill Reaches Start-Up Milestone: Its First Plate
03 January 2023 - Nucor Corp.’s new US$1.7 billion plate mill has rolled its first plate and is undergoing final commissioning, the company announced Tuesday morning.
Deacero Moves to Expand Production
04 October 2022 - Mexico’s Grupo Deacero plans to invest the equivalent of about US$590 million in its operations as it looks to lift production, according to a report.
U. S. Steel Leans into Market Headwinds
16 September 2022 - United States Steel Corporation expects to report adjusted net earnings of somewhere between US$1.90 and US$1.95 per diluted share this quarter, even as market headwinds begin to impact the business, the company has said.
POSCO Mill Recovering From Flood
13 September 2022 - POSCO has restarted the No. 2 and No. 4 blast furnaces at its Pohang Works after a typhoon flooded the plant last week.
Zekelman Industries Expects New Tube Plant to Be Fully Operational Early Next Year
09 September 2022 - Pipe and tube maker Zekelman Industries said it is nearing the end of construction on a new galvanized tube plant in Illinois.
ArcelorMittal Idles Two European Blast Furnaces
07 September 2022 - Softening demand and rising energy prices are prompting ArcelorMittal to idle two of its blast furnaces in Spain and Germany, according to a report.
U. S. Steel Idles Indiana Tin Line
01 September 2022 - United States Steel Corporation is idling the No. 5 tin line at its Gary Works, according to The Times newspaper of northwest Indiana.
H2 Green Steel, BMW Group Sign Final Agreement on CO2-Reduced Steel Delivery
19 August 2022 - BMW Group and startup steel producer H2 Green Steel have signed a final agreement on delivery of CO2-reduced steel, solidifying plans for the automaker to take some of the plant’s output.
BlueScope Steel Plants a Much Bigger Flag in the U.S.
15 August 2022 - North Star BlueScope Steel has begun ramping up the addition to its Delta, Ohio, USA, plant after having produced the first prime coil in June, the company reports.
EU Steel Producers Throttle Back Production
11 August 2022 - Softening demand, driven in part by lowered automotive production, has prompted a number of European steel producers to idle blast furnaces and other production assets, according to the Eurometal trade association.
Canadian Steelmaker Starts Transformational EAF Conversion
20 June 2022 - Integrated steelmaker Algoma said work on its CA$700 million electric arc furnace conversion is underway and so far proceeding according to plan.
worldsteel: Crude Steel Production Up 3.8% in 2021
09 June 2022 - Global crude steel production reached 1.95 billion metric tons in 2021, with China accounting for nearly 53% of the total, according to the World Steel Association (worldsteel)’s annual tally.
Tosyali Algerie Reported Record DRI Production in 2021, Contracts for Second DRI Plant
28 February 2022 - The company set a new world record in 2021 for annual direct reduced iron (DRI) production by a single-module plant, producing more than 2.28 million tons.
Tenaris Boosts Production at Arkansas Mill
25 January 2022 - The company announced last week it is increasing manufacturing activity at its welded pipe mill in Hickman, Ark., USA.
