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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
POSCO to Memorialize Oldest Blast Furnace
04 January 2022 - POSCO shut down its oldest blast furnace in Pohang last week, and plans to turn it into a museum.
Metalloinvest Launches Ore Beneficiation Pilot Plant
21 December 2021 - Metalloinvest announced last week the launch of a pilot plant at Mikhailovsky GOK intended to model iron ore beneficiation processes and develop new high-quality products.
Ternium Announces US$98 Million Expansion to Louisiana Mill
20 December 2021 - Ternium USA Inc. last week unveiled plans to build a second steel coil coating line at its Shreveport, La., USA, facility, according to a report by the Shreveport Times.
Another Record Quarter Expected for SDI
17 December 2021 - Steel Dynamics Inc. (SDI) provided earnings guidance yesterday for the fourth quarter of 2021 ranging from US$5.46 to US$5.50 per diluted share.
Metinvest, SMS group Sign MOU on Decarbonization Technologies
16 December 2021 - SMS group announced yesterday it has signed, along with its subsidiary Paul Wurth, a Memorandum of Understanding (MOU) with Metinvest to work together to tackle decarbonization.
Nucor Anticipates Another Record Quarter
15 December 2021 - In a press release today, Nucor Corp. issued guidance for its fourth quarter ending 31 December 2021, which it expects to be the highest in the company’s history.
ArcelorMittal Commits Additional US$30 Million to LanzaTech Carbon Capture Technology
14 December 2021 - ArcelorMittal, through its XCarb™ innovation fund, will invest US$30 million in carbon capture and utilization (CCU) company LanzaTech, according to an official press release.
thyssenkrupp Awarded 2-GW Electrolysis Installation Contract
14 December 2021 - thyssenkrupp was awarded a contract to supply a 2-GW electrolysis plant to NEOM, one of the world's largest green hydrogen projects.
Nucor Stakes Majority Claim to California Steel Industries
13 December 2021 - In a press release, Nucor Corp. announced today that it entered into agreements to acquire a majority ownership position in California Steel Industries Inc. (CSI), consisting of a 50% equity interest from a subsidiary of Vale S.A. and 1% from JFE Steel Corp.
Primetals Technologies Starts Up Continuous Casters at JSW
13 December 2021 - In October 2021, two continuous slab casters supplied by Primetals Technologies were started up at JSW Steel Ltd.’s Dovi plant in Maharashtra, India.
Danieli to Supply Bar-in-Coil Line for Arjas Steel
13 December 2021 - Danieli has been tapped by Arjas Steel to supply a new bar-in-coil line which will produce bars in coil for both international and domestic markets.
This New Railcar Hauls More Cargo With Less Energy Thanks to High-Strength Steel
13 December 2021 - United States Steel Corporation, in partnership with rail giant Norfolk Southern and freight builder Greenbrier, have developed and launched a next-generation sustainable railcar made of advanced high-strength steel.
POSCO to Shift Steel Operations to New Holding Company
13 December 2021 - South Korean steelmaker POSCO announced last week that it plans to spin off its steelmaking arm into a separate, unlisted holding company, POSCO Holdings Inc.
American Precoat Opens Automotive-Grade Electro-Galvanized Steel Plant in India
13 December 2021 - American Precoat Specialty Pvt. Ltd. has built a continuous electrogalvanized steel plant in Valsad, Gujarat, India, according to news outlet Zee News.
Report: Ezz Steel to Acquire Stake in Egyptian Steel
13 December 2021 - According to reports, Ezz Steel is set to acquire Ahmed Abou Hashima’s 18% stake in Egyptian Steel in a EGP 2.5 billion transaction.
voestalpine Unveils CO2-Reduced Steel
09 December 2021 - The company announced this week it is now offering a CO2-reduced version of the flat steel products produced at its steelmaking facility in Linz, Austria.
CMC to Acquire Tensar Corp.
08 December 2021 - Commercial Metals Company (CMC) announced yesterday it is to acquire subgrade soil reinforcement solutions provider TAC Acquisition Corp. (Tensar).
Primetals Technologies Completes Converter Upgrade at HBIS Group
08 December 2021 - The former basic oxygen furnace (BOF) converter at HBIS Group Handan Iron and Steel in Handan, China, was upgraded to a KOBM converter last month, according to Primetals Technologies.
The Systems Group Commissions New EAF Roof, Elbow at Optimus Steel
07 December 2021 - In a press release, The Systems Group announced the commissioning last month of a new gravity-drained Spray-Cooled™ electric arc furnace (EAF) roof and elbow as part of a mill modernization at Optimus Steel in Beaumont, Texas, USA.
BlueScope Teams Up With Shell on Renewable Hydrogen Projects
07 December 2021 - The Australian steelmaker today announced that it has signed a Memorandum of Understanding (MoU) with Shell Energy Operations Pty Ltd. to develop renewable hydrogen projects at its Port Kembla Steelworks in New South Wales.
