Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
H2 Green Steel, Porsche Sign Supply Agreement
31 October 2023 - Steel startup H2 Green Steel has signed an agreement with Porsche AG to supply the automaker with CO2-reduced steel.
Auto Strikes Begin to Dent Steel Demand
02 October 2023 - The United Auto Workers strike is beginning to impact the steel market, which has already been dealing with softening prices for flat-rolled products, reports the Wall Street Journal.
Nippon Steel Works Shuttered After 70 Years of Operation
02 October 2023 - Nippon Steel Corp. has closed its historic Kure plant, bringing to an end seven decades of production.
Tata Steel to Expand Hot Blast Systems at Three BFs
24 August 2023 - Tata Steel has contracted Danieli Corus to add stoves to the hot blast systems serving three of its furnaces in India.
BlueScope to Proceed With Australian BF Reline
22 August 2023 - Australia’s BlueScope Steel Ltd. will invest AU$1.15 billion to reline a blast furnace at its Port Kembla Steelworks, a move that it says will “secure our immediate future while enabling a transition to lower-emissions steelmaking as soon as it is commercially feasible.”
Grupo Simec Idles Republic Steel Operations in Ohio, New York
14 August 2023 - According to reports, Republic Steel announced it will “indefinitely idle” steelmaking operations in Canton, Ohio, and Lackawanna, N.Y., USA.
Badische Stahl-Engineering Partners With Texas Mill
28 July 2023 - German steel mill consulting and engineering group Badische Stahl-Engineering has signed a three-year contract with Gerdau Long Steel North America’s Midlothian, Texas, USA, mill, the company reports.
Report: Some China Mills Receive Order to Contain Output
27 July 2023 - Some Chinese mills have been told to keep steel production to 2022 levels, reports the Reuters news service.
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.
