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Headlines
Latest News
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.
Trump to Roll Out 25% Imported Vehicle Tariff in April
27 March 2025 - U.S. President Donald Trump said he’ll impose 25% tariffs on vehicles imported into the U.S., with the new measure taking effect 3 April.
Cleveland-Cliffs Throttles Back Michigan Steel Plant
27 March 2025 - Cleveland-Cliffs Inc. will temporarily idle parts of its Dearborn, Mich., plant and lay off 600 workers this summer, reports The Detroit News.
SMS group to Upgrade Seamless Tube Mill
27 March 2025 - BENTELER Steel/Tube GmbH, a seamless and welded tubes manufacturer, announced upgrades to their seamless tube mill in Paderborn-Schloss Neuhaus, Germany, with SMS group’s CARTA®neo SRM Technology System.
Danieli to Deliver Upgrades to Casting Machine
27 March 2025 - Jindal Shadeed Iron & Steel is partnering with Danieli to upgrade its casting machine capabilities in Sohar, Oman.
EU Proposes Steel Industry Survival Plan
27 March 2025 - The European Commission has unveiled its steel action plan, a policy prescription intended to strengthen the EU steel industry’s competitiveness and safeguard its future.
Citing a Challenging Market, British Steel Prepares to End Primary Steelmaking in U.K.
27 March 2025 - British Steel plans to shutters its two blast furnaces and steelmaking operations in England, citing tariffs, challenging market conditions and higher environmental costs.
Swanson Industries Names New CEO
21 March 2025 - West Virgina-based Swanson Industries has named David Brightbill as chief executive officer, the company has announced.
Cleveland-Cliffs to Temporarily Reduce Iron Range Workforce
21 March 2025 - Cleveland-Cliffs Inc. is laying off more than 600 workers at iron ore operations in Minnesota, according to reports. According to the Minneapolis (Minn.) Star Tribune, the action affects workers at the steelmakers at Hibbing Taconite Co. and at its Minorca mine.
ANDRITZ Selected to Supply New U.S. Electrical Steel Facility
20 March 2025 - AM/NS Calvert LLC has chosen international technology group ANDRITZ to provide an annealing and coating line and a cold rolling mill for its new electrical steel plant in Calvert, Ala., USA.
Nippon Yakin Kogyo Produces First Coil on New HZ-Mill
20 March 2025 - Japanese stainless steel producer Nippon Yakin Kogyo has successfully produced the first coil on its new HZ-Mill at the Kawasaki plant, engineered and supplied by Primetals Technologies.
SSAB Reduces Group Executive Committee
19 March 2025 - SSAB announced its group executive committee will be reduced from 11 to 9 members, reducing three members’ roles while promoting another.
Blastr Green Steel Enters Environmental Permitting Phase
19 March 2025 - Nordic start-up Blastr Green Steel’s planned iron and steel plant has taken a step closer to a final investment decision after receiving a reasoned conclusion on its environmental impact assessment.
Danieli Corus Modernizes China’s Largest Blast Furnace
18 March 2025 - The largest blast furnace in China, at 5,800 cubic meters, is back in operation at Jiangsu Shagang Group’s Zhangjiagang plant following its conversion to plate cooling.
Zekelman Industries Announces Changes to Leadership Structure
17 March 2025 - Zekelman Industries announced its chief executive officer, Barry Zekelman, will be splitting responsibilities with newly promoted president, Mickey McNamara, amongst other leadership changes.
Primetals Technologies Appoints New CEO
14 March 2025 - Yoshiharu Ikeda will be promoted to chief executive officer of Primetals Technologies effective 1 April 2025, the company announced.
Salzgitter Flachstahl GmbH to Deliver Green Steel
14 March 2025 - Lindab Steel, a subsidiary of Lindab AB, has signed a memorandum of understanding (MoU) with Salzgitter Flachstahl GmbH for CO2-reduced steel from the SALCOS® route, the companies announced.
Red Bud Industries Delivers Light-Gauge Slitting Line
14 March 2025 - Klauer Manufacturing Co., a supplier of building products, has installed a Red Bud Industries light-gauge slitting line at their facility in Dubuque, Iowa.
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.
Boston Metal Takes a Step Toward Commercializing Green Ironmaking Process
13 March 2025 - Boston Metal, a start-up that is developing an electrolysis-based process to produce green iron, has commissioned a critical piece of process equipment that validates the scalability of its process, the company has announced.
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