Steel News

U. S. Steel Expects Strong Q2

17 June 2022 - United States Steel Corporation expects to report second-quarter EBITDA of approximately US$1.6 billion, a new second-quarter record, the company said Thursday.

Steel Dynamics Expects a Record Q2

16 June 2022 - Steel Dynamics Inc. said it expects to report another record quarter later this summer, driven in part by strong steel demand and profitability at its steel mills.

Optimus Steel Taps Danieli for Roughing Mill, Reheat Furnace

16 June 2022 - Rebar maker Optimus Steel has contracted Danieli for improvements to its Beaumont, Texas, USA, mill.

Outokumpu Introduces Low-CO2 Steel

15 June 2022 - Stainless steel producer Outokumpu has launched a branded line of low-carbon-emissions stainless steel and has already delivered a shipment to a major customer, the company said on Wednesday.

Nucor Sees Another Earnings Record on the Horizon

15 June 2022 - Strong steel demand is expected to propel Nucor to its highest quarterly earnings yet, the company said on Wednesday.

What’s the Threshold For Low-Carbon-Emissions Steel? ArcelorMittal Proposes a Way to Answer

15 June 2022 - ArcelorMittal has proposed a broad outline of a conceptual low-carbon-emissions standard for the global industry, saying that such a standard could incentivize the decarbonization of primary and secondary steelmaking and help drive demand for low-emissions steels.

Danieli Wraps Up HDGL Upgrade in Italy

15 June 2022 - Danieli Centro Combustion has completed upgrades to a hot-dip galvanizing line operated by Marcegaglia, the equipment supplier reports.

Russian Steelmakers Move to World Steel Sidelines

15 June 2022 - The World Steel Association (worldsteel) and its Russian members have agreed to pause their full participation in the association owing to EU sanctions on Russia, Kallanish reports.

SSAB Marks Opening of Pilot-Scale Hydrogen Storage Facility

15 June 2022 - SSAB and its partners in its fossil-free steelmaking initiative are inaugurating an underground hydrogen storage facility, marking the start of a two-year trial.

POSCO Restarts Rebuilt Blast Furnace

13 June 2022 - POSCO has blown in the refurbished No. 4 blast furnace at its Gwangyang Works, according to reports.

voestalpine Moves First Low-Emissions Coils Out the Door

13 June 2022 - voestalpine has shipped the first coils of its reduced-CO2 steel from its plant in Linz, Austria, the company said Monday.

JSW Steel Starts Slag Recycling Plant

13 June 2022 - JSW Steel’s Vijayanagar Works has inaugurated a slag-based sand-making plant capable of producing 300,000 metric tons annually, reports The Hindu newspaper in India.

Danieli: Aperam Mill Slated for Improvements

10 June 2022 - Danieli has been contracted to revamp an Aperam Steckel mill in Brazil, the equipment supplier has said.

Ferragon Names Sales VP

10 June 2022 - Service center operator Ferragon Corp. has brought aboard steel industry veteran Greg Kauffman to oversee sales operations at a number of its divisions, the company has announced.

worldsteel: Crude Steel Production Up 3.8% in 2021

09 June 2022 - Global crude steel production reached 1.95 billion metric tons in 2021, with China accounting for nearly 53% of the total, according to the World Steel Association (worldsteel)’s annual tally.

AM/NS India Selects Primetals Technologies for Tandem Mill Build

09 June 2022 - Primetals Technologies has landed an order for a pickling line and tandem cold mill for a joint-venture mill in India.

Welspun, Tata Steel Partner on Hydrogen Pipes

09 June 2022 - Indian welded line pipe maker Welspun Corp. Ltd. and Tata Steel will work together on making pipes capable of moving hydrogen and natural gas-blended hydrogen, reports the Press Trust of India.

Green Mill Secures Renewable Power Source

09 June 2022 - A proposed steel mill in Sweden has signed a seven-year power purchase agreement securing a source of renewable energy, the project leaders have said.

Nucor Adds Metal Utility Poles to Its List of Construction Products

07 June 2022 - Nucor Corp. is expanding its portfolio of downstream steel products businesses, announcing Tuesday that it is acquiring a maker of metal utility and highway signage poles.

Acerinox Halts Merger Discussions With Rival

07 June 2022 - Stainless steel maker Acerinox has ended merger discussions with Aperam, reports the Reuters news service.