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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
Cleveland-Cliffs Signs for 180 MW of Wind Power, Advances Carbon Capture Project
07 December 2022 - Cleveland-Cliffs Inc. will buy 180 megawatts of wind energy under a long-term agreement and is developing a large-scale carbon capture project, the company announced on Wednesday.
Systems Spray-Cooled Lands Order for Micro-Mill Furnace Components
07 December 2022 - Electric arc furnace (EAF) cooling specialist Systems Spray-Cooled has received an order from Nucor Corp. for components that will serve the steelmaker’s planned Lexington, N.C., USA, micro-mill.
Japanese Steelmakers Consider Increasing Electrical Steel Investment
07 December 2022 - Nippon Steel Corp. and JFE Steel Corp. are eying additional investments in electrical steels as demand for electric vehicles increases, according to the Bloomberg news service.
POSCO Lays Green Bet on Australia
05 December 2022 - South Korea’s largest steel producer plans to invest US$40 billion in hydrogen, direct reduced iron and green steel production in Australia over the next 15 years, reports commodities news and pricing service Argus.
Saarstahl Prepares to Move Ahead on DRI, EAF Conversion
05 December 2022 - Saarstahl AG leaders are greenlighting a EUR3.5 billion plan to build two electric arc furnaces (EAFs) and a direct reduction plant at sites in Germany, the company has said.
Gerdau Invests in Solar, Wind Energy Developer
01 December 2022 - Gerdau is taking a stake in renewable energy producer Newave Energia as a way to support its decarbonization goals, according to a company announcement.
Tata Steel Partners With SMS group, Primetals Technologies in Decarbonization Effort
30 November 2022 - Tata Steel has signed separate memorandums of understanding with plant builders Primetals Technologies and SMS group as it looks to decarbonize its steelmaking operations.
Danieli Lands Order for Nucor EAF
29 November 2022 - Nucor Corp. has contracted Danieli to install a new electric arc furnace (EAF) at the steelmaker’s Kingman, Ariz., USA, bar mill, the plant builder has announced.
LIBERTY Steel Buys Asian EAF Mill, Plans to Relocate Equipment to Europe
29 November 2022 - LIBERTY Steel Group is acquiring KG Steel’s Dongbu plant in South Korea and intends to move the equipment to Romania, the company has announced.
Danieli Lands Order for Bar Spooling Line
22 November 2022 - Italy’s Pittini Group has contracted Danieli for a spooled bar line to be installed at its Potenza bar mill.
Salzgitter, Auto Parts Maker Team Up on Green Steel Processing, Recycling
22 November 2022 - Salzgitter Flachstahl has signed a memorandum of understanding with German automotive supplier Mubea, laying out a framework in which the two companies will collaborate on green steel processing and closed-loop steel recycling.
Australian Long Products Maker Sets Sights on U.S. Wire Rod Assets
17 November 2022 - Australian long products manufacturer InfraBuild intends to acquire the U.S. wire rod arm of its parent company, GFG Alliance.
EAF Steel Producers Push for Process-Agnostic Emissions Limits
17 November 2022 - A group of electric arc furnace (EAF) steel producers have formed a coalition to push back against steel production emissions standards that they say could unfairly punish electric steelmakers while giving blast furnace operators a pass.
CMC Adds Scrap Capacity in Texas
16 November 2022 - Commercial Metals Company (CMC) has acquired a Galveston, Texas, USA, scrap recycler, bringing an additional 55,000 tons of ferrous and non-ferrous scrap under its roof.
Volvo’s First Electric and Fossil-Free Steel Trucks Now in Production
16 November 2022 - The first of Volvo’s heavy-duty electric trucks, some of which are being built with fossil-free steel, have rolled off the assembly line, the company reports.
Nucor, U. S. Steel Pick Up Orders for Green Steel
15 November 2022 - HVAC specialist Trane Technologies will purchase low-CO2 steels from Nucor Corp. and United States Steel Corporation, switching over approximately 20% of its annual steel purchase to the less CO2-intensive products.
Danieli Wraps Up Shear Rebuild
15 November 2022 - Danieli has completed a rebuild of the sidetrimming plate shear serving the Steel Authority of India (SAIL)’s BSP Bhilai plant.
LIBERTY Steel Reaches Agreement on Debt Restructuring
15 November 2022 - LIBERTY Steel Group tentatively has reached an agreement in principle to restructure its global debt, but is still trying to negotiate a plan for its European steel business, the company has said.
Gerdau Gives Final OK to Furnace Modernization Project
11 November 2022 - Gerdau has issued the final acceptance certificate on an electric arc furnace (EAF) modernization at its Monroe, Mich., USA, special steel plant, reports project contractor Primetals Technologies.
Lower Prices, Destocking Bite Into ArcelorMittal Q3 Profits
10 November 2022 - ArcelorMittal saw its third-quarter profits cut by more than 75% on reduced shipments and lower prices for those shipments.
