Steel News

Rio Tinto Partners With Australian Green Iron Tech Developer

19 November 2025 - Rio Tinto has signed a joint development agreement with an Australian company looking to build a demonstration-scale ironmaking plant that combines electric heating and hydrogen reduction.

Tenaris Bolts on Scrap Yard to Pennsylvania Mill

14 November 2025 - Tenaris has acquired a western Pennsylvania scrap yard that sits next to its Koppel steelmaking plant in Beaver County.

Outokumpu Announces Plans for U.S. Ferrochrome Pilot Plant

29 October 2025 - Stainless steel manufacturer Outokumpu is investing US$45 million in a pilot-scale ferrochrome plant aimed at advancing what it describes as a breakthrough, coke-free reduction process.

Cleveland-Cliffs Says It Might Begin Mining Rare Earths

21 October 2025 - Cleveland-Cliffs Inc. is exploring the potential of entering the rare earths mining business, the company has said.

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.

BIR: Scrap Use Dipped in 2024

29 May 2025 - Scrap consumption in key regions and countries declined slightly in 2024, dropping by 1% from the prior year, reports Recycling Today.

Tata Steel Looks to Expand Mining Operation

05 May 2025 - Tata Steel will invest the equivalent of nearly US$1.2 billion in its Noamundi, Joda, and Katamati mines as it looks to boost their capacity by more than one-third, reports The (Jamshedpur, India) Avenue Mail newspaper.

Metinvest Shuts Down Ukrainian Coking Coal Mine

16 January 2025 - With Russian forces advancing, Ukraine’s Metinvest has halted operations at its Pokrovske Coal unit and is evacuating employees and their families, the company has said.

Fortescue, Baowu Partner on Decarbonization Effort

08 January 2025 - Iron ore miner Fortescue is partnering with a China Baowu Steel Group subsidiary on developing green iron solutions for decarbonization, according to the Reuters news service.

Australian Consortium Chooses Western Australia Location for Electric Smelting Furnace

17 December 2024 - A consortium made up of Australia’s two largest iron ore miners and its largest steelmaker have selected a location for a proposed ironmaking electric smelting furnace pilot plant.

SSAB Secures Domestic Scrap Source

12 December 2024 - SSAB has signed a strategic cooperation agreement with Swedish recycler Stena Metall, providing for deliveries of recycled scrap metal to SSAB’s new electric arc furnace in Oxelösund.

Rio Tinto Agrees to Supply DR-Grade Pellets to GravitHy

11 December 2024 - Iron ore miner Rio Tinto has struck an agreement to supply a French ironmaking startup with high-grade, direct reduction pellets and to manage sales and marketing of the hot-briquetted iron the startup will produce.

Nucor Sets New World Record for Cold DRI Production

06 November 2024 - Nucor Corp.’s Louisiana direct reduction plant produced a record-shattering 330.3 tons per hour of cold direct reduced iron (CDRI) in August 2024, according to one of the mill’s equipment suppliers.

Iran, Qatar Could Grow Positions in DR-Grade Pellet Market

05 November 2024 - The demand for direct reduction (DR)-grade pellets is only set to grow and could potentially account for 40% to 50% of the seaborne market, said Tarraco Commodities Solutions chief executive officer Gilberto Cardoso.

Vale Selects Partner for Electrolyzer Feasibility Studies

03 October 2024 - Iron ore miner Vale has partnered with a German company to study the feasibility of a green hydrogen production facility in Brazil.

Plastics Recycler Plans Facility to Make Coke Alternative

05 September 2024 - The U.S. Energy Department has conditionally agreed to guarantee a loan of up to US$182.6 million to Pennsylvania-based International Recycling Group (IRG), which is looking to build facilities that would produce a plastics-based coking coal alternative.

Midrex, Vale to Further Develop Use of Iron Ore Briquettes in DRI Furnaces

05 September 2024 - Midrex Technologies Inc. has signed a technical cooperation agreement with iron ore miner Vale, allowing the two companies to further collaborate on a technical solution for the use of iron ore briquettes in direct reduction plants.