Steel News

U. S. Steel Announces its Board of Directors

30 July 2025 - United States Steel Corporation, along with Nippon Steel Corp. and its subsidiary Nippon Steel North America Inc., announced the appointment of three independent U.S. directors to U. S. Steel’s board of directors.

Nucor Reports Earnings Increase Across Operating Segments

29 July 2025 - Nucor Corp. today announced the second quarter of 2025 saw an increase in earnings across all three operating segments and set another safety record.

EU, U.S. to Form Metals Alliance to Combat Chinese Overproduction

29 July 2025 - European trade commissioner Maroš Šefčovič said the European Union and United States will form a metals alliance as part of their upcoming trade deal to counter the effect of Chinese overproduction on global markets.

HWI Partners With Electrified Thermal Solutions for New Industrial Heat Technology

24 July 2025 - Electrified heating and thermal energy storage solutions company Electrified Thermal Solutions has partnered with HWI, a member of Calderys, to develop and produce electrically conductive firebricks (E-bricks).

Algoma Steel to Consider Supplying Canadian Shipbuilders

16 July 2025 - Algoma Steel has signed a memorandum of understanding with two other companies to explore a strategic partnership aimed at reestablishing a domestic steel supply chain for Canadian shipbuilding.

Inaugural Pennsylvania Energy and Innovation Summit: US$90 Billion in Energy, AI Investments

16 July 2025 - The inaugural summit Pennsylvania Energy and Innovation Summit in Pittsburgh, organized by U.S. Sen Dave McCormick (R-Pa.), brought together business executives in energy and artificial intelligence, investors and top government officials.

Butting to Establish North American HQ, First U.S. Production Facility in Alabama

10 July 2025 - German stainless steel pipe manufacturer Butting announced plans to establish its North American headquarters and first U.S. production facility in Baldwin County, Alabama.

Report: Trump Plans to Set 50% Copper Tariff

09 July 2025 - U.S. President Donald Trump said Tuesday he plans to implement a 50% tariff on copper imports, along with various increased tariff rates on several other select industries, Bloomberg reported.

Cleveland-Cliffs Cuts the Ribbon on Advanced Annealing Line

03 July 2025 - Cleveland-Cliffs Inc. on Wednesday marked the start of a new US$150 million bright anneal line at its Coshocton Works in Ohio — and hinted at coming improvement to its Middletown plant.

ABB, Paragon Energy Solutions to Develop Integrated Solutions for U.S. Nuclear Power Industry

03 July 2025 - ABB announced today it has signed a memorandum of understanding with Paragon Energy Solutions to develop integrated instrumentation, control and electrification solutions for the nuclear power industry in the U.S.

RHI Magnesita, BPI Inc. Partner to Accelerate Circular Economy and Sustainability

30 June 2025 - Refractories maker RHI Magnesita is acquiring a majority stake in BPI Inc., a Pittsburgh, Pa., USA-based minerals processor and supplier of refractory raw materials.

Atlas Holdings to Acquire EVRAZ North America

30 June 2025 - EVRAZ North America is being sold to a Connecticut-based private equity fund, ending three years of uncertainty around the steelmaker's future.

Leybold Unveils Two New Roughing Pumps

30 June 2025 - Two new versions of oil-sealed rotary vane pumps for analytical applications, SOGEVAC SV55/70 BI2, have been launched by Leybold.

Alleima Launches Enhanced Corrosion-Resistant Steel Grade for Urea Industry

30 June 2025 - Alleima announced it has introduced a new corrosion-resistant super duplex stainless steel grade with high mechanical strength, SAF™ 2906.

Swanson Industries Acquires TransAxle’s Off-Highway Business

27 June 2025 - Swanson Industries Inc., portfolio company of Turnspire Capital Partners LLC, announced it has acquired the off-highway business of TransAxle Holdings LLC.

Ascent Industries to Sell American Stainless Tubing

27 June 2025 - Specialty chemicals producer and distributor Ascent Industries Co. announced it has entered into an asset purchase agreement to sell its ornamental stainless steel tubing manufacturer subsidiary American Stainless Tubing LLC (ASTI) to First Tube LLC.