Steel News

Hyundai Steel, Fives Sign Contract to Develop Advanced Coil Finishing Lines for New U.S. Flat Steel Mill

08 April 2026 - Fives Group announced it has signed a contract with Hyundai Steel to design and supply advanced coil finishing lines for automotive steel applications, supporting construction of a new flat steel mill in the U.S. by Hyundai-POSCO Louisiana Steel.

Mesabi Metallics Secures US$150 Million for American DR-Grade Iron Ore Mine and Pellet Plant

08 April 2026 - Mesabi Metallics Co. LLC along with Essar Group announced it has secured US$150 million of financing from Macquarie Group for the startup of its direct reduction (DR)–grade iron ore mine and pellet plant in Nashwauk, Minn., USA, in the third quarter of 2026.

TMS International Celebrates 100th Anniversary

06 April 2026 - Founded in 1926, TMS International announced it is celebrating its 100th anniversary this year.

Steel Dynamics: Richard P. Teets Jr., Gabriel L. Shaheen to Retire From Board of Directors

01 April 2026 - Steel Dynamics Inc. (SDI) announced its co-founder and past AIST president Richard P. Teets Jr., and Gabriel L. Shaheen will retire from its board of directors, effective 6 May 2026 as of the 2026 Annual Meeting of Shareholders.

U. S. Steel Resumes Operations on Granite City Works’ Blast Furnace B

31 March 2026 - United States Steel Corporation announced blast furnace B has been successfully restarted at Granite City Works in Granite City, Ill., USA.

SMA: The U.S. Rise as World’s No. 3 Producer Is a (Good) Sign of the Times

26 March 2026 - In 2025, the U.S. edged out Japan as the world’s third-largest steel producer. And as the Steel Manufacturers Association (SMA) sees it, the U.S. likely will pull even further ahead this year.

Tenaris Completes Acquisition of AllTorque’s Oilfield Division

26 March 2026 - Tenaris has acquired AllTorque’s oilfield division, an original equipment manufacturer recognized for its tubular running technology, the company announced.

Atlas Tube Announces Shuriken™ Structural Nut Keeper Line Expansion

25 March 2026 - Atlas Tube announced it is rolling out additional size options for its Shuriken® Structural Nut Keeper line to be integrated within the HSS Connections Hub™ for easier use of hollow structural sections (HSS) in steel projects.

Auction Scheduled for Alton Steel Equipment

23 March 2026 - The production assets of Alton Steel, the Illinois-based special bar quality manufacturer that shut down suddenly in January, are to be sold off through a large, online auction scheduled for next month.

Sandmeyer Steel Co.’s Vice President of Sales Retires

17 March 2026 - Sandmeyer Steel Co. announced today that its vice president of sales, John Curley III, retired 11 March, marking the end of the Curley family’s 115-year legacy in the steel industry.

Zekelman Names New Division President, Sharon Tube

16 March 2026 - Zekelman Industries announced it has named Jean-Mark “JM” Athanassiadis to take over as division president for its Sharon Tube business unit, succeeding Dan Reilly.

Algoma’s New EAF Is Running Around the Clock

12 March 2026 - Canada’s Algoma Steel has fully decommissioned its coke ovens and blast furnace and is now operating its new electric arc furnace (EAF) on a 24-hour basis, the company reported Thursday.

HWI Celebrates Opening of Its Lightweight Monolithics Facility

12 March 2026 - HWI, a member of Calderys, celebrated the opening of its new lightweight monolithics production facility in Fulton, Mo., USA.

Tenaris Acquires Beaver Falls Scrap Yard

09 March 2026 - Tenaris announced it has successfully acquired the Beaver Falls, Pa., USA, scrap yard and transitioned it to its subsidiary Steel Recycling Services.

Nucor Announces Retirement of Executive Vice President

03 March 2026 - Nucor announced that its executive vice president of commercial, Daniel R. Needham, will retire 20 June 2026.

Gov. Stein: US Forged Rings Will Open Production Facility in North Carolina As Part of US$875 Million Investment

27 February 2026 - North Carolina Gov. Josh Stein announced specialty steel products manufacturer US Forged Rings Inc. has planned a three-phase project with a total investment of US$875 million, beginning with building a production facility in Hertford County, N.C., USA.

U. S. Steel Celebrates Its 125th Anniversary

25 February 2026 - United States Steel Corporation announced its 125th anniversary theme, “Forging Our Future | 125 Years Strong,” celebrating its founding on 25 February 1901.

Boston Metal Hits Setback After Incident at Brazil Facility

24 February 2026 - Boston Metal experienced an equipment failure last month in its Brazil facility which prevented it from hitting an operational milestone required for a funding deal, leading to its decision to lay off 71 people in the U.S., reported Canary Media.

Pacific Steel Group Turns to Systems Spray-Cooled for EAF Project

24 February 2026 - Systems Spray-Cooled™ LLC announced Pacific Steel Group has selected their equipment for its new electric arc furnace (EAF) project in Mojave, Calif., USA.

U.S. Supreme Court Blocks President’s Use of IEEPA to Impose Tariffs, Voiding Reciprocal Duties

20 February 2026 - In a landmark decision, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act of 1977 (IEEPA) does not grant the president the ability to impose tariffs, according to the Learning Resources Inc. v. Trump filing on the official U.S. Supreme Court website.