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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
H2 Green Steel Begins Its Other Green Effort: Fundraising
25 April 2023 - Steelmaking startup H2 Green Steel has begun seeking EUR1.5 billion in equity funding for its planned facility in Boden, reports the Financial Times.
thyssenkrupp CEO Parts Ways With Company
25 April 2023 - thyssenkrupp chief executive Martina Merz will step down from her role at the end of May as the company begins looking to separate its steel business and turns its attention to improving finances.
POSCO Plans Investment in Growth Engine Facilities
20 April 2023 - South Korea’s POSCO Group is planning to invest the equivalent of US$3.04 billion in growth projects next to its Gwangyang plant, should the government lift restrictions on uses of state-run industrial complexes, reports the Yonhap News Agency.
Danieli Selected for Triple Caster Upgrade
19 April 2023 - AM/NS India has contracted Danieli Automation to upgrade three slab casters at its Hazira plant.
ArcelorMittal Brazil Plans 554-MW Wind Farm
18 April 2023 - ArcelorMittal Brazil is establishing a 55-45 joint venture that will develop an US$800 million wind farm that will provide more than one-third of the steelmaker’s electricity needs in the country.
Report: Nucor Looking to Break Ground on West Virginia Mill This Summer
18 April 2023 - Nucor is working to secure federal permits for its planned West Virginia sheet mill, but company officials said they are optimistic that the project will break ground this summer, according the (Huntington, W.Va.) Herald-Dispatch newspaper.
Nucor Kicks Off Sheet Mill Expansion Project
17 April 2023 - Nucor Corp. has broken ground on a five-year, US$400 million expansion and modernization project at its Crawfordsville, Ind., USA, sheet mill, reports the (Crawfordsville, Ind.) Journal Review newspaper.
BILSTEIN Group Signs Green Steel Supply Agreement
17 April 2023 - Cold-rolled strip maker BILSTEIN Group has signed a binding, seven-year supply agreement with startup H2 Green Steel for its low-CO2 steel.
AM/NS India Awards Wind Turbine Contract
13 April 2023 - Wind turbine maker Siemens Gamesa will supply 46 wind turbines to ArcelorMittal’s joint-venture mill in Hazira, India.
Stelco Mill to Test Decarbonization Technology
12 April 2023 - Canada’s Stelco has agreed to further test decarbonization technologies at its Lake Erie Works in Ontario.
EVRAZ North America Announces H2 Line Pipe Qualification
11 April 2023 - EVRAZ North America (ENA) has received qualification for a high-strength, high-frequency welded (HFW) line pipe designed for hydrogen transmission, the company has announced.
The Systems Group Announces Order From Nucor Sheet Mill
11 April 2023 - Nucor Corp. has placed an order with The Systems Group’s Systems Spray-Cooled unit for electric arc furnace (EAF) equipment at its planned West Virginia sheet mill.
Cleveland-Cliffs Expects Rise in Adjusted Q1 Profits
11 April 2023 - Cleveland-Cliffs Inc. shipped 4.1 million tons of steel in the first quarter of 2023 and is expecting to report revenues of approximately US$5.2 billion, the company said on Tuesday.
Primetals Technologies Receives Final OK on Mill Stand Upgrade
11 April 2023 - Primetals Technologies has received the final acceptance certificate for upgrades it made to a mill stand Nordic plant.
New CMC Micro-Mill Nears Start of Commissioning
06 April 2023 - Commercial Metals Company (CMC) is set to begin commissioning its new Arizona micro-mill later this spring and anticipates receiving a key environmental permit for its planned West Virginia mill in the coming months, according to chief executive Barbara R. Smith.
Outokumpu Exits Stainless Long Steel Market
06 April 2023 - Finnish stainless producer Outokumpu is divesting the last of its long products business, selling its Degerfors and Storfors facilities in Sweden to stainless long steel specialist Cogne Acciai Speciali.
LIBERTY Steel Announces Plans for Australian EAF, DRI Plant
04 April 2023 - LIBERTY Steel will replace the coke ovens and blast furnace at its Whyalla steel works in Australia with a direct reduction plant and electric arc furnace (EAF), the steelmaker announced on Tuesday.
Algoma Expects Improved Shipments in Fiscal Q4
04 April 2023 - Canada’s Algoma Steel expects to report fiscal adjusted EBITDA earnings of CA$25 million to CA$30 million the fiscal fourth quarter, the company has said.
H2 Green Steel Establishes Relationships With Energy Provider, Iron Ore Producer
04 April 2023 - H2 Green Steel has struck up partnerships with an iron ore miner and an electricity supplier, two more milestones for the startup Swedish steelmaker.
ArcelorMittal to Partner With Bamesa on Low-Carbon Projects
30 March 2023 - ArcelorMittal Europe – Flat Products and international service center firm Bamesa signed a memorandum of understanding (MoU) yesterday to explore the reduction of scope 3 emissions and increase testing of the usage of recycled steel in low-carbon-emissions products.
