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Survey: Metals Business Leaders Anticipate Economic Growth Under Trump
27 February 2025 - Nearly 70% of senior leaders at metal firms believe the Trump Administration's economic policies will positively impact GDP growth in 2025 and 2026, according to a newly released survey.
Blastr Green Steel Partners for Sustainable Power Network
27 February 2025 - Blastr Green Steel has signed a memorandum of understanding (MoU) with Aurora Infrastructure for a build, own and operate (BOO) agreement to develop the electricity distribution facilities for its planned steel plant in Inkoo, Finland.
Calderys Ignites Innovation With New R&D Hub
27 February 2025 - The Calderys Group is investing in a new 3,000-square-meter Innovation Center for refractories research and development (R&D) near its production facility in Neuwied, Germany.
Tosyalı SULB Awards CDRI Plant Order to Midrex, SMS group
25 February 2025 - Tosyalı SULB Steel Industries has turned to Midrex Technologies, Inc. and SMS group to supply phase one of the world’s largest direct reduced iron (DRI) complex investments with the construction of a 2.5-million-metric-ton cold DRI (CDRI) plant in Benghazi, Libya.
Outokumpu Secures Long-Term Molybdenum Supply
24 February 2025 - Outokumpu has signed a 10-year offtake agreement with Greenland Resources Inc. to ensure access to about 8 million lbs. of molybdenum annually, valued at approximately US$1.6 billion over a decade.
Trump's Steel Tariffs Force Gerdau to Rethink Mexican Mill Investment
24 February 2025 - Gerdau has postponed a final investment decision on a new Mexican special steel plant and may instead move to boost output in the U.S. in light of President Donald Trump’s steel tariffs, the Reuters news service reports.
Vinton Steel Fourth Project Under JETI Program
21 February 2025 - Japanese steelmaker Kyoei Steel Ltd. will invest more than US$229 million in melting and rolling upgrades to its Vinton Steel mini-mill in Texas.
Red Bud Industries Delivers Two Lines
21 February 2025 - Quality Metals has installed a Red Bud Industries precision blanking line and a light-gauge slitting line in their Houston, Texas, USA, facility.
Danieli Awarded Order for Hot Rolling Production Line
21 February 2025 - Hengyang Valin Steel Pipe, a seamless pipe steel manufacturer, turned to Danieli to provide its new hot rolling production line at its facility in Hengyang, China.
Longtime Nucor Leader Retires as Two Earn Promotions
20 February 2025 - Gregory J. Murphy will step down from his role as executive vice president of business services and general counsel of Nucor Corp., effective 7 June 2025, after a 36-year-long career.
Salzgitter Celebrates Start of Work on Green H2 Production Plant
20 February 2025 - Salzgitter has broken ground on what will be one of Europe largest green hydrogen production plants, the company has said.
Tata Steel Receives OK to Build U.K. EAF
20 February 2025 - Local officials in Wales have approved Tata Steel’s plans to build an electric arc furnace at its Port Talbot Steelworks, the company has said.
South Australian Government Forces Whyalla Steelworks Into Administration
19 February 2025 - The South Australian government has wrested control of one of the country’s two major steel mills and will inject it with more than AUD$2 billion in funding while its looks for a buyer, according to reports.
Kinzie Capital Partners Acquires Fraser Steel LLC
18 February 2025 - Kinzie Capital Partners LP, a Chicago-based private equity firm, has acquired Fraser Steel LLC, a steel tubular products manufacturer in Minneapolis, Minn., the companies announced.
North Star Defers Cold Mill Plans
18 February 2025 - North Star BlueScope's Australian parent has postponed a US$1.2 billion investment in a Midwest cold rolling facility so that it can focus on ramping up its U.S. coated products business.
Two Bidders Move Into the Lead to Buy Former ILVA Steelworks
18 February 2025 - Azerbaijan’s Baku Steel Co. and India’s Jindal Steel International are said to be the leading bidders for one of the EU’s largest integrated steel works, according to the Reuters news service.
JSW Steel USA CEO: Tariffs Will Support Utilization
18 February 2025 - JSW Steel USA chief executive officer Robert Simon is anticipating that President Donald Trump’s steel tariffs will help drive utilization of the company’s facilities in Ohio and Texas.
Thor’s Mighty GreenerTowers: Hammering Down CO2 Emissions
17 February 2025 - Ilsenburger Grobblech, a Salzgitter AG subsidiary, and Siemens Gamesa, a wind turbine manufacturer, have signed a contract to deliver 25,000 tons of heavy plates for the construction of 36 wind towers for the Thor offshore wind farm in the Danish North Sea off the coast of Jutland, the companies announced.
Kardemir Casts a Bright Future With SMS Group
17 February 2025 - Kardemir has ordered a 5-strand combi-continuous caster from SMS Concast, part of the SMS group, to upgrade its facility in Karabük, Türkiye.
Nippon Steel’s Point Person for U.S. Steel Acquisition Returns to U.S.
14 February 2025 - Nippon Steel Corp. has dispatched vice chairperson Takahiro Mori to the United States to establish a framework for discussion with the Trump administration over the U. S. Steel acquisition, reports The Japan Times.
