08 August 2024 - Specialty metals manufacturer Metallus Inc. has received US$3.5 million in grants from the state of Ohio in support of a planned expansion.

Kobe Steel to Launch Aluminum JV With China’s Baowu Steel

08 August 2024 - Kobe Steel is forming a joint venture around its Chinese automotive aluminum business with China Baowu Steel Group Corp. Ltd., Kobe has announced.

ArcelorMittal Completes Vallourec Transaction

07 August 2024 - ArcelorMittal has finalized its acquisition of a EUR955 million stake in tubemaker Vallourec.

Chilean Steelmaker Blames Chinese Imports for Production Stop

07 August 2024 - Compañía Siderúrgica Huachipato, Chile's largest steel plant, is "indefinitely suspending" production, saying that it is impossible to compete with dumped Chinese steel, according the AFP news service.

Salzgitter Secures Supply of Solar-Generated Electricity

06 August 2024 - Salzgitter Group has signed a long-term green power purchase agreement that will provide for up to 64 gigawatt hours annually, the steelmaker said Tuesday.

China to Provide Financial Support for Hungarian Steel Works Revamp

05 August 2024 - The China Export and Credit Insurance Corp. (Sinosure) is underwriting EUR1.3 billion in loans that will pay for two new electric arc furnaces at Liberty Steel Group’s Dunaujvaros plant in Hungary.

Nippon Steel Remains Confident in U. S. Steel Acquisition

05 August 2024 - Nippon Steel Corp. has reiterated its belief that will finalize its proposed acquisition of United States Steel Corporation by year’s end.

New Wave of Chinese Steel Exports Softening Prices, ArcelorMittal Says

01 August 2024 - ArcelorMittal saw its second-quarter profits fall and said Chinese steel exports have put the market in “unsustainable” territory.

Tata Steel U.K. Expects September Shutdown of Second BF

31 July 2024 - Tata Steel is on pace to close the second of two blast furnaces at its Port Talbot Works in the U.K. by this September, the company said in its fiscal 2025 first-quarter earnings statement.

Nucor’s Capital Spend Is About to Rise

29 July 2024 - Nucor Corp. in June marked the opening of its new Gallatin, Ky., tube mill and is looking to bring a number of other, major capital projects across the finish line over the next two years.

U. S. Steel Takes Its Merger Case to Voters

29 July 2024 - United States Steel Corporation has turned to a new tactic as it pushes to brings its US$14.9 billion merger with Nippon Steel Corp. to fruition: pitching the public directly.

TT Iron Steel Closes on Point Lisas Acquisition

29 July 2024 - Iron Steel Co. Ltd. has closed on its acquisition of a former ArcelorMittal iron and steel plant in Trinidad and Tobago.

ABB Tapped for SDI Heartland Substation Improvements

29 July 2024 - Steel Dynamics Inc. (SDI) recently contracted to ABB to modernize an 18-breaker substation serving the steelmaker’s Heartland facility in Terre Haute, Ind., USA.

ABB Tapped for SDI Heartland Substation Improvements

29 July 2024 - Steel Dynamics Inc. (SDI) recently contracted to ABB to modernize an 18-breaker substation serving the steelmaker’s Heartland facility in Terre Haute, Ind., USA.

Cleveland-Cliffs Electrical Transformer Plant Could Employ 600

24 July 2024 - Cleveland-Cliffs Inc. expects to employ up to 600 people in Weirton, W.Va., USA, once it starts its planned electrical transformer plant, chairman and chief executive officer Lourenco Goncalves said Monday.

American Steel CEOs Push for Further Action on Mexican Imports

24 July 2024 - The U.S. government should take further steps to stop transshipments of steel through Mexico, the chief executive officers of two of the country’s top steel producers said this week, according to the Bloomberg news service.

U. S. Steel Partners with Industrial Decarbonization Start-Up

23 July 2024 - United States Steel Corporation will collaborate with a California startup that is developing a less-energy-intensive iron reduction process.

Nippon Steel Sells Stake in Chinese JV

23 July 2024 - Japan’s Nippon Steel Corp. is pulling out of its Chinese joint venture with Baoshan Iron & Steel, ending a 20-year relationship.

Former U.S. Secretary of State Mike Pompeo Teams with Nippon Steel

22 July 2024 - Nippon Steel Corp. has enlisted the help of former U.S. Secretary of State Mike Pompeo as it works toward finalizing its US$14.9 billion acquisition of United States Steel Corporation, accord to the Reuters news service.

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