Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
POSCO Unveils Revenue, Capacity Growth Target
13 July 2023 - POSCO will move to increase its global capacity to 52 million metric tons and plans to add non-oriented electrical steel capacity in Korea and North America, The Korea Times reports.
New Commercial Metals Mill Enters Start-Up Phase
06 July 2023 - Commercial Metals Company (CMC) has started up its new Arizona micro-mill, which has produced its first rebar bundle.
Nucor to Shutter Texas Heavy Plate Facility
24 May 2023 - Nucor will close its Longview, Texas, USA, heavy plate mill later this year amid a reorganization of its plate mill group, the steelmaker said on Wednesday.
U. S. Steel Returns Idled Blast Furnace to Service
20 March 2023 - Improving demand and rising prices have prompted United States Steel Corporation to restart an idled blast furnace.
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.
