Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Boston Metal Closes on US$262 Million in Series C Funding
07 September 2023 - Boston Metal, a startup that is developing an electrolysis-based processed for ironmaking, has closed on US$262 million in Series C fundraising, the company has announced.
ANDRITZ to Build Cold Mill for ArcelorMittal France
07 September 2023 - ArcelorMittal France has placed an order with ANDRITZ for a reversible 6-high cold mill to produce light-gauge, non-oriented electrical steels, the equipment manufacturer has announced.
Tata Steel, ABB Ink MoU Focused on Low-CO2 Solutions
07 September 2023 - Tata Steel and ABB have agreed to work together on developing models and technologies intended to reduce steel’s carbon footprint.
JFE Plans to Raise Capital for Decarbonization, Expansion Projects
05 September 2023 - Japan’s JFE Holdings is moving to raise approximately JPY200 billion (US$1.37 billion) for decarbonization projects and to expand electrical steel production, according to NikkeiAsia.
CELSA Creditors Win Control of Company
05 September 2023 - Creditors of Spanish long products maker CELSA Group will take control of the company after a judge approved a multi-billion-euro restructuring plan.
Report: U.K. Government Discussing Aid Package for Tata Steel
05 September 2023 - Tata Steel is in advanced talks with the U.K. government on an aid package that would provide the steelmaker with GBP500 million, reports Sky News.
Primetals Technologies Receives Order for Two LD Converters
30 August 2023 - ArcelorMittal’s Brazilian unit has placed an order with Primetals Technologies for two basic oxygen furnaces and gas cleaning equipment, according to the equipment supplier.
Cleveland-Cliffs Reaches Tentative Labor Agreement With Minnesota Iron Ore Miners
30 August 2023 - Newly unionized workers at Cleveland-Cliffs Inc.’s Northshore taconite operation in Minnesota have reached a tentative labor agreement with the steelmaker.
U. S. Steel Begins Sharing Company Info With Potential Buyers
29 August 2023 - United States Steel Corporation is signing non-disclosure agreements with potential buyers and has started to share due diligence information with them as it reviews its strategic options, the company said Tuesday.
Nucor Celebrates Start of Work on Third Micro-Mill
28 August 2023 - Nucor Corp. broke ground Friday on its planned rebar micro-mill in Lexington, N.C., USA, marking the start of work on what will be its third such facility.
Blastr Green Steel Makes Headway on Proposed Nordic DRI-EAF Facility
28 August 2023 - A European start-up steel producer hopes to name an engineering partner and equipment suppliers sometime in the next few months and is laying the procedural groundwork for its environmental impact assessment, the company reports.
JSW Steel Hoping to Buy Into Canadian Met Coal Operation
25 August 2023 - JSW Steel is looking to acquire a 20% to 40% stake in a Canadian miner’s metallurgical coal business, reports the Bloomberg news service.
Dave Stickler, Koch Minerals & Trading Partner on Startup Rebar Mill
24 August 2023 - Koch Minerals & Trading is contributing to the US$700 million debt and equity financing that is supporting the planned Hybar LLC rebar mill in Arkansas, the company has said.
Tata Steel to Expand Hot Blast Systems at Three BFs
24 August 2023 - Tata Steel has contracted Danieli Corus to add stoves to the hot blast systems serving three of its furnaces in India.
Esmark Ends Effort to Acquire U. S. Steel
23 August 2023 - Esmark Inc., the Pennsylvania-based steel processor and distributor that had put down a US$7.8 billion cash offer for United States Steel Corporation, has bowed out of the sales process.
Fives Wins Ternium Galvanizing Line Order
23 August 2023 - Ternium has contracted Fives to build a 600,000-metric-ton galvanizing line for its Pesquería, Mexico, flat-rolled facility, the equipment manufacturer has announced.
BlueScope to Proceed With Australian BF Reline
22 August 2023 - Australia’s BlueScope Steel Ltd. will invest AU$1.15 billion to reline a blast furnace at its Port Kembla Steelworks, a move that it says will “secure our immediate future while enabling a transition to lower-emissions steelmaking as soon as it is commercially feasible.”
U.S. Commerce Department Sets Anti-Dumping Duties on Tin Mill Products
22 August 2023 - Tin mill products from China, Canada and Germany are facing preliminary anti-dumping duties as high as 122% under a U.S. Commerce Department ruling.
Primetals Technologies Receives Order for Rolling Mill Upgrade
22 August 2023 - Primetals Technologies has been contracted to upgrade a pickling line and tandem cold mill at a Taiwanese mill, the company reports.
Salzgitter Commences Reline of Blast Furnace
21 August 2023 - The company announced it has commenced its 100-day, EUR100 million reline of its Blast Furnace A.