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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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Commerce Department Wants to Raise Tariffs on Nippon Steel

19 November 2024 - Just as Nippon Steel Corp. promised unionized United States Steel Corporation workers that it wouldn’t export slabs at the company’s expense, the U.S. Commerce Department proposed to push up tariffs on Nippon imports. 

thyssenkrupp Writes Off EUR1 Billion in Steel Division Value

19 November 2024 - thyssenkrupp recorded a EUR1 billion impairment on its European steel division, saying fiscal 2025 would be one of decisions, CNBC reported. 

Nippon Steel Promises No Exports at U. S. Steel’s Expense

18 November 2024 - Nippon Steel Corp. is promising the United Steelworkers union that it won’t direct shipments from its Japanese mills to U.S. customers as part of its planned acquisition of United States Steel Corporation.

ArcelorMittal Starts New Galv, Annealing Line

18 November 2024 - ArcelorMittal Brazil has started up a new US$345 million galvanizing and continuous annealing line at its Vega unit in São Francisco, reports BNAmericas. 

SSAB Highlights Decarbonization Efforts at COP29

14 November 2024 - SSAB is joining Business Sweden’s delegation to the United Nations Climate Change Conference, COP29, in Baku, Azerbaijan, the company reports.

Report: Nippon Steel to Visit With U. S. Steel Union Members

14 November 2024 - A Nippon Steel Corp. executive will be traveling to Pittsburgh, Pa., USA, to meet with members of union locals serving U. S. Steel's Mon Valley Works, reports the Bloomberg news service.

Tata Steel to Study Liquid Hydrogen Imports

14 November 2024 - Tata Steel is looking to import liquid hydrogen produced in Norway and export carbon dioxide for permanent storage.

Baowu Selects Tenova for Two Projects

14 November 2024 - Pomini Tenova announced today it has signed two contracts with China Baowu Steel Group Corp. Ltd. during the 7th China International Import Expo Signing Ceremony of China Baowu International Procurement held in Shanghai, China.

Primetals Technologies Completes Upgrade of SAIL Bokaro’s Finishing Mill

14 November 2024 - Primetals Technologies announced its completion of an upgrade to the automation systems at the finishing mill of Steel Authority of India Ltd. (SAIL) Bokaro's hot strip mill in Bokaro Steel City, Jharkhand, India.

With Election Settled, Nippon Steel Hopes to Close U. S. Steel Deal

07 November 2024 - Despite president-elect Donald Trump’s promises to block the United States Steel Corporation acquisition, Nippon Steel Corp. executives are hoping they can close the deal before the end of the year.

Salzgitter Receives Potential Takeover Bid

06 November 2024 - Salzgitter will weigh a potential takeover offer from a major shareholder and a partner, the German steelmaker has said.

Nucor Sets New World Record for Cold DRI Production

06 November 2024 - Nucor Corp.’s Louisiana direct reduction plant produced a record-shattering 330.3 tons per hour of cold direct reduced iron (CDRI) in August 2024, according to one of the mill’s equipment suppliers.

Cleveland-Cliffs Closes Deal to Acquire Stelco

04 November 2024 - Cleveland-Cliffs has closed its acquisition of flat-rolled producer Stelco, finalizing a deal that gives Cliffs a manufacturing presence in Canada.

thyssenkrupp On Target With Conversion of Casting and Rolling Plant at Duisburg

04 November 2024 - thyssenkrupp Steel Europe last week announced its casting and rolling line at its Duisburg, Germany, facility was taken out of operation and will be replaced by a state-of-the-art continuous casting line and a modernized hot strip mill.

AM/NS India Plans for 17.8-Million-Metric-Ton Integrated Mill

04 November 2024 - AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, plans to build an integrated steel mill in the Anakapalli district of Andhra Pradesh, The Economic Times of India reports.

Primetals Technologies Receives Final Acceptance Certificate on Feralpi Billet Caster

04 November 2024 - Italian steel producer Feralpi Siderurgica (part of Feralpi Group) has granted the final acceptance certificate (FAC) to Primetals Technologies for a revamp of its 6-strand billet caster at its steel plant in Lonato del Garda, Italy, according to Primetals Technologies.

Grupo Simec Mill Closed Following Fatal Explosion 

31 October 2024 - At least 12 people were killed and another was injured Wednesday in an explosion at a Mexican steel mill, according to The Wall Street Journal. 

EMSTEEL Starts Green Hydrogen Steelmaking Demonstration

31 October 2024 - UAE steelmaker EMSTEEL and an energy partner have started up a pilot project intended to demonstrate the use of green hydrogen to produce green steel.

Steel Dynamics Recognized by U.S. EPA

30 October 2024 - Steel Dynamics Inc. (SDI) has received a ranking from the U.S. Environmental Protection Agency's (EPA) Green Power Partnership after recently joining the program, the company has said. 

Cleveland-Cliffs Receives Regulatory Clearance for Stelco Acquisition 

30 October 2024 - Cleveland-Cliffs Inc. said it expects to close its acquisition of Canada’s Stelco on Friday after clearing its final regulatory hurdle. 

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