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

Latest News

ArcelorMittal Nippon Steel India Establishes Board and Executive Management

18 December 2019 - The newly established joint venture between ArcelorMittal and Nippon Steel, ArcelorMittal Nippon Steel India (AMNSI), has announced its management structure, according to news site SteelGuru.

Stelco CFO to Step Down in January

18 December 2019 - Stelco has announced that its chief financial officer (CFO) Don Newman will resign from his position on 5 January 2020, citing personal family reasons.

SSAB Americas to Introduce Fossil-Free Steel to North America 

17 December 2019 - SSAB Americas is aiming to produce fossil fuel free steels at its U.S. mills by 2026, and its Montpelier, Iowa, USA, facility already is on track to be completely by renewable energy by 2022, the company has said. 

Steel Demand Intact, But SDI Expects Lower Q4 Profits 

17 December 2019 - Planned outages, lower prices and seasonally lower shipments are likely to offset Steel Dynamics Inc.’s fourth-quarter profits, the company has said.  

ArcelorMittal, Nippon Steel Look to Expand Essar Steel

16 December 2019 - ArcelorMittal and joint venture partner Nippon Steel Corp. have finalized their acquisition of Essar Steel India Ltd., completing a deal that gives both a foothold in the growing Indian steel market. 

NLMK Lights Rebuilt Blast Furnace

16 December 2019 - NLMK has blown in a rebuilt blast furnace at its Lipetsk plant, concluding a project that began in May, the project contractor has announced.

Nucor Expects Q4 Profits to Dip, But Sees Improvement in 2020

16 December 2019 - Nucor Corp. is expecting its fourth-quarter profits to fall on account of lower steel prices and higher scrap prices, the company has said. 

AISI Welcomes New Members

16 December 2019 - Two North American steelmakers have joined the ranks of the American Iron and Steel Institute (AISI), the association has announced. 

Nucor Names New Board Chairman

13 December 2019 - Nucor Corp.’s board of directors has named metals executive and lead director John H. Walker as non-executive chairman and has elected incoming chief executive Leon J. Topalian as a director.

POSCO, HBIS Set Framework Agreement for Chinese JV

12 December 2019 - Asian steel majors POSCO and HBIS Group have signed a memorandum of understanding (MOU) on an automotive steel joint venture. 

Report: Big River, Liberty Steel Eye Electrical Steel Plant

12 December 2019 - Tata Steel Europe will mothball rather than permanently close its electrical steel plant in Wales while two potential buyers, one of which is said to be Big River Steel, kick the tires on the facility, according to the South Wales Argus newspaper. 

U. S. Steel Turns to Danieli for Slab Caster Improvement

12 December 2019 - United States Steel Corporation will revamp the C Line slab caster at its Gary Works in Indiana following the successful installation and commissioning of Danieli stopper-rod control systems, mold-level control sensors and automation packages on other units. 

thyssenkrupp Shakes Up Executive Board With New Appointments

09 December 2019 - In a press release last week, thysskenkrupp Materials Services announced two significant changes to its executive board.

Liberty Steel Announces Two Senior Appointments in Its European Business Unit

09 December 2019 - Pascal Genest was appointed chief executive of Liberty Ostrava, part of GFG Alliance’s Liberty Steel Continental Europe, the company has announced.

Gerdau Partners With SKF for Maintenance Services

06 December 2019 - Gerdau SA has signed a fee-based agreement with bearings and seals maker SKF for parts and remote maintenance services at two of its mills.

Hot Metal Production Resuming at Indiana Steel Works Following Flood

06 December 2019 - United States Steel Corporation has restarted two of its Gary, Ind., USA, blast furnaces after a flood knocked them off-line last week, reports commodities news and pricing service S&P Global Platts.

Carpenter Technology Cuts the Ribbon on Additive Manufacturing Center

06 December 2019 - Specialty alloys producer Carpenter Technology Corp. has opened a US$40 million, 500,000-square-foot additive manufacturing facility in Alabama, the company has announced.

Big River’s Texas Expansion Team Hires Economic Development Executive

05 December 2019 - The group that is exploring Big River Steel’s potential second mill has hired a former local government official and Congressional aide to assist in the effort. 

SMS-Built Crimping Press Enters Service

05 December 2019 - voestalpine Tubulars has started up a new three-die crimping press on its cross piercing elongating line in Austria, according to machine builder SMS group. 

Cleveland-Cliffs to Acquire AK Steel 

03 December 2019 - Iron ore miner Cleveland-Cliffs Inc. is moving to vertically integrate and enter the steelmaking business, reaching a deal to acquire AK Steel Corp. for approximately US$1.1 billion in stock.