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Latest News

Former Big River Steel Executive to Lead Nordic Steel Startup

11 April 2024 - A Nordic steel startup has named industry veteran Mark Bula as its chief executive officer, the company has announced.

SSAB Greenlights Plan to Build EAF Mill

11 April 2024 - SSAB’s board of directors have given the go-ahead on construction of a EUR4.5 billion EAF mini-mill in Luleå, Sweden.

Report: Justice Department to Further Scrutinize Nippon Steel-U. S. Steel Deal

11 April 2024 - The U.S. Justice Department has initiated an in-depth antitrust investigation of Nippon Steel’s planned acquisition of United States Steel Corporation, according to a report in Politico.

Japan Prime Minister Hopes for Positive Outcome to U. S. Steel Acquisition

10 April 2024 - Japan Prime Minister Fumio Kishida expressed hope Wednesday that the Nippon Steel acquisition of United States Steel Corporation will come to pass.

Liberty Steel Names New European CEO

10 April 2024 - Liberty Steel Group has appointed international sustainability leader Thomas Gangl as the chief executive officer of its European business, the company has announced.

Worldsteel: Global Demand to Rise Slightly in 2024

10 April 2024 - Global steel demand is forecast to rise 1.7% this year, growing to 1.79 billion metric tons, according to a new forecast from the World Steel Association.

Report: Europe So Far Has Committed EUR10 Billion to Steel Decarbonization Projects

10 April 2024 - European countries are throwing significant financial support to steel decarbonization projects, announcing EUR10.5 billion in grants between January 2023 and March 2024, according to Ukrainian think tank and consultancy GMK Center.

SSAB Begins Search for New CEO

09 April 2024 - SSAB is launching a search for a new chief executive officer as Martin Lindqvist has announced plans to step down.

Iron Startup Electra Commissions Colorado Pilot Plant

09 April 2024 - Alternative ironmaking startup Electra is commissioning a pilot plant in Boulder, Colo., to demonstrate its electricity-based process, the company has said.

Nucor to Report Weekly HRC Spot Price

04 April 2024 - Nucor Corp. will begin issuing a weekly spot price for its hot-rolled coil, the company said on Thursday.

Nucor Grows Downstream Products Capabilities

04 April 2024 - Nucor Corp. is expanding its downstream products footprint, acquiring Southwest Data Products Inc. (SWDP), a manufacturer and installer of data center infrastructure, for US$115 million.

Salzgitter Eyes 2026 Start of New Scrap Shredding Plant

04 April 2024 - Salzgitter has commissioned construction of an EUR30 million scrap shredding plant at its Salzgitter work in Germany, the company has said.

Midrex Names K.C. Woody as Chief Executive Officer

04 April 2024 - Midrex president K.C. Woody has been promoted to chief executive officer following the retirement of longtime Midrex executive Stephen Montague, the company has announced.

U. S. Steel Signs Agreement for Carbon Sequestration Plant

03 April 2024 - United States Steel Corporation has signed an agreement with carbon capture specialist CarbonFree to build a sequestration plant at Gary Works.

RHI Magnesita to Expand U.S. Footprint Through Acquisition

03 April 2024 - Refractories maker RHI Magnesita (RHIM) is acquiring U.S.-based Resco Group in a bid to expand its U.S. manufacturing footprint.

Service Center Starts Red Bud-Built Stretcher-Leveler

03 April 2024 - Flat-rolled service center Taylor Steel Inc. recently installed a Red Bud Industries stretcher-leveler at its Stoney Creek, Ont., Canada, location, the equipment supplier reports.

Ascometal Terminates Sales Negotiation With Acciaierie Venete

28 March 2024 - Swiss Steel’s plan to sell off several of its Ascometal subsidiary steel works in France has come to a halt, The Swiss Times reported yesterday.

Primetals Technologies Contracted for Cold Mill Upgrade

27 March 2024 - SSAB has issued the final acceptance certificate on an improvement to its 4-stand tandem cold mill in Hämeenlinna, Finland, and is ready to begin the final phases of the project, according to project contractor Primetals Technologies.

Steel Producer Issues Call for Green Hydrogen

27 March 2024 - Stahl-Holding-Saar (SHS), which owns steel producers Dillinger and Saarstahl, is seeking bids for renewable hydrogen to be used in a planned direct reduction plant at its Dillinger steel mill, according the online publication Hydrogen Insight.

GrafTech Names New CEO

27 March 2024 - Ohio-based graphite electrodes manufacturer GrafTech International Ltd. has given its interim chief executive officer the role on a permanent basis.

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