Steel News

To Survive the Trade War, Algoma Will Do What It Does Best — Make Plate

06 May 2025 - Against the backdrop of trade tensions with the U.S., Canadian sheet and plate producer Algoma will focus on increasing plate shipments from its recently modernized plate mill, reports Northern Ontario Business.

ArcelorMittal Begins Bringing Up Alabama EAF

04 May 2025 - ArcelorMittal has begun commissioning the new electric arc furnace (EAF) and caster at its Calvert, Ala., USA, joint-venture sheet mill, the steelmaker has said.

Primetals Technologies Completes EAF Upgrade

30 April 2025 - Baku Steel Company CJSC group presented Primetals Technologies with the final acceptance certificate (FAC) for the upgrade of its 60-metric-ton electric arc furnace (EAF) in Baku, Azerbaijan.

Hyundai Motor Group and POSCO to Expand Partnership in Steel and Battery Markets

21 April 2025 - Hyundai Motor Group announced it has signed a memorandum of understanding (MoU) with POSCO Group to expand their cooperation in both the steel and battery sectors.

Hyundai Motor Group Commits to US$21 Billion Investment for U.S. Growth

27 March 2025 - Hyundai Motor Group (the Group) has announced an investment of US$21 billion between 2025 to 2028, including building an electric arc furnace (EAF) steel mill in Louisiana, focusing on expanding manufacturing, advancing technologies and enhancing energy infrastructure in the U.S.

Danieli Technology to Power Pacific Steel Rebar Mill

13 March 2025 - Pacific Steel Group’s planned rebar micro-mill will be capable of converting liquid steel to finished bar in under 10 minutes, according to the mill’s technology provider.

Danieli Receives Order for Two Zerobucket EAFs

05 March 2025 - Donghua Iron & Steel held a groundbreaking ceremony for its project which will include installation of two new Danieli Zerobucket electric arc furnaces (EAFs) in Tangshan, China.

Tata Steel Receives OK to Build U.K. EAF

20 February 2025 - Local officials in Wales have approved Tata Steel’s plans to build an electric arc furnace at its Port Talbot Steelworks, the company has said.

Danieli Delivers Q-One Power Feeder

14 February 2025 - Shinkasai Steel’s Osaka facility in Japan is now operating a digital electric arc furnace (EAF) after the successful installation of Danieli’s Q-One power feeder, the companies announced.

Nucor Reports Profitable Q4 — And a Very Safe 2024

29 January 2025 - Nucor Corp. posted a fourth-quarter profit and reported its safest year on record, saying that accomplishment came in the context of many active year construction projects and ramp-ups.

Pacific Steel Group Lines Up US$200M for Micro-Mill

20 January 2025 - Pacific Steel Group (PSG) has secured a US$200 million loan from Generate Capital, a sustainable infrastructure investment firm, to support the construction of its planned California micro-mill.

Swedish Government OKs SSAB Mini-Mill

19 December 2024 - SSAB has received an environmental permit for its planned mini-mill in Luleå, allowing construction to begin, the company said Thursday.

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.

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.

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.

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.

Shougang Selects Danieli EAF Technology for Automotive Exposed Grades

05 November 2024 - China’s Shougang has awarded Danieli a contract for a 160-ton ZERO BUCKET® electric arc furnace, which will be used to produce automotive exposed grades, Danieli announced.