Steel News

Boston Metal to Shift Focus to Critical Metals

21 May 2026 - Boston Metal announced it will use the additional money it raised during its latest funding round, amounting to about US$75 million, to shift its focus from green steel to producing other metals, reported MIT Technology Review.

European Parliament Takes Measures to Safeguard EU Steel Market

21 May 2026 - The European Parliament announced it has passed legislation with the intent to protect the EU steel industry from a global steel surplus, scheduled to go into effect after current safeguards expire on 30 June 2026.

Rio Tinto Celebrates Milestone Shipment of Iron Ore

21 May 2026 - Rio Tinto announced it has shipped its 8 billionth metric ton of iron ore to global markets from its site in the Pilbara region of Australia, a milestone 60 years in the making.

Chinese Producer Taps Primetals Technologies to Upgrade 5-Strand Bloom Caster

21 May 2026 - Primetals Technologies announced it has been selected to upgrade a Chinese steel producer’s 5-strand bloom caster in eastern China.

thyssenkrupp Automotive Technology to Shift U.S. Production Focus Amidst Plans to Close Its Terre Haute Site

20 May 2026 - thyssenkrupp Presta North America LLC announced it has decided to close its production site in Terre Haute, Ind., USA, effective by 31 March 2027, while U.S. production of chassis will shift to its Hamilton, Ohio, USA, facility.

Primetals Technologies Partners With VinMetal for Integrated Steel Complex

19 May 2026 - Primetals Technologies announced it has entered a partnership with VinMetal, a steel manufacturing company under Vingroup, to develop an integrated steel complex in Ha Tinh, Vietnam.

SMS group Completes Modernization of Mukand’s Bloom Caster

19 May 2026 - SMS group announced it has successfully completed the modernization of Mukand Ltd.’s 2-strand SMS Concast bloom caster at its Kalwa facility in Thane, India.

Danieli Centro Recycling to Supply Preshredder to Industrias López Soriano

18 May 2026 - Danieli announced its subsidiary, Danieli Centro Recycling, has been chosen to provide a new preshredder to upgrade Industrias López Soriano’s shredder plant in Zaragoza, Spain.

NMDC Steel Attains Production Record Using Danieli QSP Technology

15 May 2026 - Danieli announced its quality strip production (QSP®) technology was used by NMDC Steel Ltd. to attain production at 100% rated capacity on its thin-slab casting and rolling (TSCR) configuration with separated roughing and finishing mills.

To Meet Demand, JSW Steel Plans Steel Capacity Increase of Nearly 17M Tons

14 May 2026 - India’s largest steelmaker is allotting upwards of US$2.5 billion for capital projects as the country’s infrastructure build-out pushes up steel demand.

U. S. Steel’s European Mill to Become Nippon Steel Subsidiary

13 May 2026 - Nippon Steel Corp. will take direct ownership of United States Steel Corporation’s Košice (USSK) plant in Slovakia, the company said Wednesday.

SMS group Bags Order for HYUNDAI-POSCO Mill

12 May 2026 - SMS group has been awarded a contract to build the rolling mills for the planned HYUNDAI-POSCO flat products mill in Louisiana.

Report: China, India Control the Fate of Steel Decarbonization

11 May 2026 - The global steel industry’s decarbonization effort is slowly progressing, but whether the pace accelerates or stalls will largely depend on China and India.

Danieli to Upgrade QSP Complex for EZZ Flat Steel

08 May 2026 - Danieli announced it has been selected by EZZ Flat Steel to modernize its quality strip production (QSP®) casting and rolling complex at Ain Sokhna works in Egypt.

ABB and SMS group Partner to Market and Develop FC Mold X

07 May 2026 - SMS group GmbH announced it has entered a partnership with ABB AB Sweden to market and develop Flow Control Mold X (FC Mold X), an electromagnetic flow-control solution for thin- and medium-slab continuous casting.

As Electricity Demand Increases, Steel Mills Hold a Big Bargaining Chip

06 May 2026 - Fears that the electric utilities will suddenly prioritize data center needs over steel mill needs, given the large gap in their power demands, are probably unfounded, two industry executives said Wednesday.

Ramp-Up of New Ternium Lines Moving Quicker Than Expected

06 May 2026 - Latin American steel producer Ternium is ramping up the new cold mill and galvanizing line at its Pesquería facility in Mexico and expects to start the facility’s new steel shop later this year.

Steel Industry Reps to Deliver Testimony in Section 301 Investigation

06 May 2026 - Representatives of the U.S. steel industry are expected to testify Thursday as to the detrimental effects of excess industrial capacity and production in 16 economies, including China, the EU, Mexico and Japan.

Galperti Turns to Danieli for VIM and ESR Furnaces

06 May 2026 - Danieli announced it has received an order from Galperti Special Alloys S.p.A. for engineering and supply of an 8-metric-ton vacuum induction melting (VIM) furnace and a 10-metric-ton electroslag remelting (ESR) furnace for installation in Italy.

American Steel and Aluminum Opens New Facility in Syracuse

06 May 2026 - American Steel and Aluminum announced it has opened a new 50,000-square-foot facility in Syracuse, N.Y., USA.