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Latest News
Nucor Plans Third Utility Tower Production Plant
09 January 2025 - Nucor Corp. is expanding its towers and structures business, announcing Thursday that it will build a US$200 million production facility in Utah.
McConnell: U. S. Steel Decision Is a Disservice to the Country
09 January 2025 - President Joe Biden’s decision to block the sale of United States Steel Corporation is a gift to organized labor that comes at the country's expense, U.S. Senate Minority Leader Mitch McConnell wrote in Wednesday’s The Wall Street Journal.
Danieli Wins Order for Electromagnetic Stirrer
08 January 2025 - POSCO has decided to install a Danieli Rotelec multi-mode electromagnetic mold stirrer (EMS) at its Gwangyang Works in South Korea.
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.
Report: Hyundai Eyes Louisiana for Steel Mill
07 January 2025 - Hyundai Motor Group is exploring the possibility of building a steel mill in Louisiana, reports The Korea Economic Daily.
Nippon Steel Chairman: No Reason to Give Up on U. S. Steel Deal
07 January 2025 - Nippon Steel Corp. has but one plan for its blocked acquisition of United States Steel Corporation — fight the decision in court.
U. S. Steel, Nippon Steel File Lawsuits Over Blocked Merger
06 January 2025 - United States Steel Corporation and Nippon Steel Corp. are appealing President Joe Biden's disapproval of their planned merger and suing the United Steelworkers union president as well as rival Cleveland-Cliffs Inc., contending that they colluded to thwart the deal.
ArcelorMittal South Africa Halts Long Steel Operations, Shifts Focus to Flat Steel Future
06 January 2025 - ArcelorMittal South Africa is winding down its long steel business, citing unsustainable operational challenges, weak market conditions, and rising costs, the steelmaker has announced.
JCD Steel Under New Ownership
06 January 2025 - Florida-based JCD Steel, a supplier of steel pipes and oil country tubular goods (OCTG) for the oil and gas industry, has been sold
Biden Blocks U.S. Steel Sale
03 January 2025 - U.S. President Joe Biden on Friday blocked the sale of United States Steel Corporation to Nippon Steel Corp., saying that a foreign-owned U.S. Steel is a detriment to national security.
Swedish Government OKs SSAB Mini-Mill
19 December 2024 - SSAB has received an environmental permit for its planned mini-mill in Luleå, allowing construction to begin, the company said Thursday.
SMS group Changes Gears with New Leadership
19 December 2024 - SMS group’s ownership, the Familie Weiss Foundation, has changed up its leadership, naming a new chair and directors.
Labor Caucus Tells Biden to “Repudiate” U. S. Steel Deal
18 December 2024 - The Congressional Labor Caucus has written to U.S. President Joe Biden, asking him to strongly repudiate Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, the Bloomberg news service reports.
Clean and Green: Electra and Interfer Sign Collaboration Agreement
17 December 2024 - Ironmaking startup Electra has signed an memorandum of understanding (MOU) with a German steel importer to collaborate on clean iron production for specialty steel.
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.
SDI Guides to Lower Q4 Earnings
17 December 2024 - Steel Dynamics Inc. (SDI) expects to see its fourth-quarter profits fall partly on account of lower average prices for its mills and an unplanned outage at its Butler, Ind., USA, facility.
SSAB Veteran to Head European Division
17 December 2024 - SSAB has promoted its European division’s head of business development to the helm of the unit.
Nucor Forecasts Q4 Earnings Decline
17 December 2024 - Nucor Corp. is cautioning that fourth-quarter earnings are expected to fall more than 80% over the same quarter last year.
Success: HKM Completes First Stage of New MES Implementation
13 December 2024 - Germany’s Huttenwerke Krupp Mannesmann has completed the first of seven go-live implementations of its new manufacturing execution software.
ANDRITZ Contracted for Austrian Galv Line Improvement
12 December 2024 - voestalpine has selected ANDRITZ to modernize the electrical and automation systems of one of its hot-dip galvanizing lines.
