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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

Latest News

ABB Signs for ArcelorMittal XCarb Steel 

22 October 2024 - ABB will begin using ArcelorMittal’s low-CO2-intensity steel in its Kabeldon power distribution systems, a move expected to reduce the carbon footprint of key electrification equipment by 29%.

Tata Steel UK Orders Tenova EAF

21 October 2024 - Tenova has received an order from Tata Steel UK for a high-productivity electric arc furnace, the equipment manufacturer reports. 

European Commission OKs Sweden’s Financial Support for SSAB Project

21 October 2024 - The European Commission has approved Sweden’s plan to provide a EUR128 million grant to SSAB’s mini-mill project in Luleå. 

Aperam to Establish U.S. Presence Through Universal Stainless Acquisition  

17 October 2024 - Pittsburgh-based Universal Stainless & Alloy Products Inc. is being sold to Aperam in a cash deal valued at US$539 million, the companies announced Thursday. 

Former thyssenkrupp Executive to Lead Salzgitter Flachstahl

17 October 2024 - Salzgitter Flachstahl GmbH has named Heike Denecke-Arnold as management board chair, succeeding Ulrich Grethe, who is retiring.

ArcelorMittal Signs Long-Term Supply Agreement for Renewably Produced Steel 

17 October 2024 - Roof window manufacturer VELUX Group has signed a 10-year commercial agreement with ArcelorMittal for renewably produced steel.  

JSW Steel to Explore Carbon Capture at Vijayanagar Plant

16 October 2024 - JSW Steel, iron ore miner BHP and carbon capture solutions provider Carbon Clean have signed an agreement to jointly study a carbon capture solution. 

SHS Group Chooses Technology Suppliers for Process Conversion

16 October 2024 - Germany’s SHS Group has awarded contracts for a direct reduction plant and two electric arc furnaces, the central components of a decarbonization project at its Dillinger/Saar and Völklingen plants.

Nippon Steel to Divest Stake in Alabama Rolling Mill 

15 October 2024 - Nippon Steel Corp. will sell its 50% stake in AM/NS Calvert to partner ArcelorMittal, if Nippon Steel finalizes its acquisition of United States Steel Corporation, the company announced.

SDI Announces Science-Based CO2 Intensity Targets

10 October 2024 - Steel Dynamics Inc. will look to reduce the CO2 intensity of its hot-rolled steel by 15% over the next six years under new science-based goals it has set as part of its participation in the Global Steel Climate Council. 

Stelco Acquisition Clears Another Regulatory Hurdle

09 October 2024 - Canadian antitrust regulators have given the green light to Cleveland-Cliffs Inc.’s acquisition of Ontario-based Stelco. 

Justice Department OKs Cliffs-Stelco Deal 

09 October 2024 - The sale of Canadian steelmaker to U.S.-based Cleveland-Cliffs Inc. has cleared a U.S. Justice Department antitrust review, Cliffs announced on Tuesday. 

Jindal Group to Acquire Czech Republic’s Vítkovice Steel

09 October 2024 - Czech plate producer Vítkovice Steel is being acquired by India’s Jindal Group, which plans to invest up to EUR150 million in the Ostrava company. 

SSAB Contracts Engineering Partner for Mini-Mill Build

08 October 2024 - SSAB has selected Swedish engineering firm AFRY as its main engineering partner for its Luleå mini-mill project.

Report: thyssenkrupp Re-Examines Plans for Hydrogen DRI Furnace

07 October 2024 - thyssenkrupp AG is said to be reviewing plans for its billion-euro project to convert from traditional blast furnace ironmaking to hydrogen-fueled ironmaking. 

Hyundai Steel Hires Help for Hydrogen Injection Tests

07 October 2024 - South Korea’s Hyundai Steel has contracted Primetals Technologies as part of a study looking at blast furnace hydrogen injection. 

ArcelorMittal Celebrates Start of EUR76 Million Ladle Furnace

03 October 2024 - ArcelorMittal’s Fos-sur-Mer plant in France has inaugurated a new ladle furnace, a milestone event that the company says will contribute to the European steel industry’s energy transition. 

U. S. Steel: Nippon Steel Merger Will Bring Significant Economic Gains to Pennsylvania

02 October 2024 - United States Steel Corporation estimates that a promised investment in its Mon Valley Works would translate into nearly US$1 billion in incremental economic impact to Pennsylvania over the next two years. 

Hydnum Steel, Knauf Interfer Collaboration Aims to Boost European Green Steel Supply 

02 October 2024 - European steel processor and distributor Knauf Interfer has signed a memorandum of understanding with Spanish green steel startup Hydnum Steel to buy EUR80 million worth of product annually. 

A Century of Integrated Steelmaking at Welsh Plant Comes to an End

01 October 2024 - Tata Steel on Monday tapped the No. 4 blast furnace at its historic Port Talbot Works in Wales for the final time, bringing to an end nearly 100 years of ironmaking.