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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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Jindal Group to Acquire Czech Republic’s Vítkovice Steel

09 October 2024 - Czech plate producer Vítkovice Steel is being acquired by India’s Jindal Group, which plans to invest up to EUR150 million in the Ostrava company. 

SSAB Contracts Engineering Partner for Mini-Mill Build

08 October 2024 - SSAB has selected Swedish engineering firm AFRY as its main engineering partner for its Luleå mini-mill project.

Report: thyssenkrupp Re-Examines Plans for Hydrogen DRI Furnace

07 October 2024 - thyssenkrupp AG is said to be reviewing plans for its billion-euro project to convert from traditional blast furnace ironmaking to hydrogen-fueled ironmaking. 

Hyundai Steel Hires Help for Hydrogen Injection Tests

07 October 2024 - South Korea’s Hyundai Steel has contracted Primetals Technologies as part of a study looking at blast furnace hydrogen injection. 

ArcelorMittal Celebrates Start of EUR76 Million Ladle Furnace

03 October 2024 - ArcelorMittal’s Fos-sur-Mer plant in France has inaugurated a new ladle furnace, a milestone event that the company says will contribute to the European steel industry’s energy transition. 

U. S. Steel: Nippon Steel Merger Will Bring Significant Economic Gains to Pennsylvania

02 October 2024 - United States Steel Corporation estimates that a promised investment in its Mon Valley Works would translate into nearly US$1 billion in incremental economic impact to Pennsylvania over the next two years. 

Hydnum Steel, Knauf Interfer Collaboration Aims to Boost European Green Steel Supply 

02 October 2024 - European steel processor and distributor Knauf Interfer has signed a memorandum of understanding with Spanish green steel startup Hydnum Steel to buy EUR80 million worth of product annually. 

A Century of Integrated Steelmaking at Welsh Plant Comes to an End

01 October 2024 - Tata Steel on Monday tapped the No. 4 blast furnace at its historic Port Talbot Works in Wales for the final time, bringing to an end nearly 100 years of ironmaking. 

ArcelorMittal Urges EU Action on Steel Plan

30 September 2024 - ArcelorMittal Europe chief executive officer Geert Van Poelvoorde has urged the European Union and the Polish government to adopt policies that will enable the industry to thrive. 

Tata Steel Begins Shut Down of U.K. Blast Furnace

30 September 2024 - Tata Steel’s Port Talbot Works inn Wales has started to wind down operations at its No. 4 blast furnace, and the community is bracing for the loss of scores of jobs. 

Surging Imports Prompt Liberty Steel and Wire to Pause Production

26 September 2024 - Liberty Steel and Wire is throttling back production and temporarily laying off employees at its Peoria, Ill., USA, facility, reports the (Peoria, Ill.) Journal Star newspaper. 

thyssenkrupp Installs New Leadership Team at Steel Unit

26 September 2024 - thyssenkrupp has appointed a new leadership team for its European steel unit following last month’s departure of several executives. 

Harris: Domestic Ownership of U. S. Steel Trumps Potential Job Losses 

26 September 2024 - U.S. presidential candidate Kamala Harris on Wednesday reiterated her support for a domestically owned United States Steel Corporation, saying that control of the company outweighs the potential for job losses, reports the Bloomberg news service. 

Arbitration Panel Rules For U. S. Steel in Merger Dispute 

25 September 2024 - Arbitrators have sided with United States Steel Corporation in a union dispute over the execution of its planned merger with Nippon Steel Corp. 

ArcelorMittal Invests in Electrochemical Decarbonization Tech 

25 September 2024 - ArcelorMittal’s XCarb Innovation Fund is investing US$5 million in a company developing a way to convert industrial process gas into high-purity hydrogen and concentrated CO2. 

In a First, Big River Earns Right to Market ResponsibleSteel Certified Steel 

24 September 2024 - United States Steel Corporation’s  Big River facility has qualified to sell steel under the ResponsibleSteel Certified Steel banner, the first in the world to do so, the company has announced. 

Nippon Steel to Sell Stake in POSCO 

24 September 2024 - Nippon Steel Corp. will divest its US$823 million stake in South Korea’s POSCO Holdings Inc., a move that it says will “improve asset efficiency through asset compression.”

Primetals Technologies Inks Caster Maintenance Agreement With Outokumpu 

24 September 2024 - Primetals Technologies and  Outokumpu Stainless USA have signed a five-year, cost-per-ton maintenance agreement covering the steelmaker’s single-strand caster in  in Calvert, Ala., USA. 

SSAB Teams Up With Office Furniture Maker 

24 September 2024 - Framery, a manufacturer of soundproof office pods, has struck up a strategic collaboration with SSAB to integrate fossil-free steel into its production. 

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