Steel News

Worthington Steel to Purchase Kloeckner & Co. for US$2.4 Billion

16 January 2026 - Worthington Steel announced it has entered into a business combination agreement to purchase German service center and processing company Kloeckner & Co. for US$2.4 billion.

Tenaris Restarts Heat Treatment, Finishing Operations

15 January 2026 - Tenaris announced today that the OCTG heat treatment and finishing operations at its Koppel, Pa., USA, plant are being restarted.

Algoma Steel Shuts Down Cokemaking, Looks to Green Steel Future

15 January 2026 - As Algoma Steel nears completion of its switch to electric arc furnace steelmaking, the Canadian producer has shut down its coke plant, reported SooToday.

First Coils Produced at Tata Steel’s CSP Plant Following Upgrades by SMS group

15 January 2026 - SMS group announced that its upgrade project for Tata Steel Ltd.’s Jamshedpur CSP® (Tata Steel TSCR) plant in Jharkhand, India, has been completed and the first coils have been rolled.

Primetals Technologies Upgrades Ladle Furnace for Tonggang

14 January 2026 - Tonghua Iron and Steel (Tonggang) had its ladle furnace in Jilin Province, China, successfully upgraded by Primetals Technologies, the company announced.

Taylor-Winfield Technologies Purchases George A. Mitchell Company

14 January 2026 - Taylor-Winfield Technologies Inc. announced its successful acquisition of the George A. Mitchell Company.

Nakamura Signs FAC for Open-Die Forging Press From SMS group

13 January 2026 - SMS group announced it has received the final acceptance certificate (FAC) from Nakamura Iron Works for the commissioning of an ultrahigh-speed 12.5 MN open-die forging press at its Komaki City site in Aichi Prefecture, Japan.

RINGSPANN to Produce AGMA Standard Gear Couplings

13 January 2026 - RINGSPANN Corp., North American producer of power transmission solutions and exclusive licensee of RINGSPANN GmbH products, announced it will begin full-scale production of gear couplings at its facilities in Franklin Park, Ill., USA, and Oconto Falls, Wis., USA.

All Assets of ISB Acquired by Wintriss Controls Group

13 January 2026 - Wintriss Controls Group LLC announced it has acquired all assets of ISB in Montreal, Que., Canada, as of 1 October 2025, forming a new company named Wintriss Controls Group ULC, DBA Wintriss ISB.

Stegra to Deliver Non-Prime Steel to thyssenkrupp Materials Processing

12 January 2026 - Stegra announced it has signed a multiyear agreement with thyssenkrupp Materials Processing Europe to deliver non-prime steel from its site in Boden, Sweden.

Danieli to Supply New MIDA Plant for Kurum International

09 January 2026 - Danieli announced it has been selected to supply a new Micro-mill Danieli (MIDA) plant to Kurum International for installation in Elbasan, Albania.

Iberdrola Supplies Solar Energy to Salzgitter for Green Steel Production

09 January 2026 - Iberdrola Germany announced its newly completed solar plant in Saxony-Anhalt, Germany, will supply energy to Salzgitter AG to support its transition to green steel production.

U. S. Steel Board Approves Funding for US$350 Million Gary Works Project, Advances Other Projects

08 January 2026 - United States Steel Corporation's board of directors has approved funding for a US$350 million blast furnace reline at its Gary Works.

U. S. Steel Property Holdings Acquires US$275 Million UPI Plant Property

08 January 2026 - United States Steel Property Holdings has acquired the former USS-POSCO Industries (UPI) site in Pittsburg, Ca., USA, for US$275 million, reported the East Bay Times.

Primetals Technologies to Upgrade Pickling and Tandem Cold Mill Automation for voestalpine

08 January 2026 - Primetals Technologies announced it will upgrade the software of voestalpine stahl’s BETA 2 pickling line and tandem cold mill in Linz, Austria.

BlueScope Rejects Takeover Bid From SGH, Steel Dynamics

07 January 2026 - Australia's BlueScope Steel Ltd. has rejected a takeover bid from a consortium that includes SGH Ltd. and Steel Dynamics Inc.

Danieli Selected to Supply Rolling Mill Upgrade for Pittini

07 January 2026 - Danieli announced that Pittini Group has selected it to modernize the rolling mill at the SiderPotenza plant in Potenza, Italy.

SMS group Tapped to Supply Haynes With Hydraulic Radial Forging Line

06 January 2026 - Indiana-based subsidiary of the Acerinox Group and part of North American Stainless, Haynes International Inc., has tapped SMS group to deliver a hydraulic radial forging line.

EDF to Deliver Nuclear Power to ArcelorMittal in France

06 January 2026 - ArcelorMittal announced it has signed a nuclear power production allocation contract (CAPN) with EDF to supply its sites in France for a period of 18 years.

Russel Metals Closes US$102 Million Acquisition of U.S. Service Centers

06 January 2026 - Russel Metals announced it has acquired seven service centers in the U.S. from Kloeckner Metals Corp. for US$102 million.