Steel News

SDI Reports Profitable Q4, Begins Commissioning of Aluminum Plant

23 January 2025 - Steel Dynamics Inc. (SDI) posted a fourth-quarter profit of US$1.36 per diluted share and said it expects to see healthy demand in the year ahead.

SMS group Lands Order for Turkish Strip Mill Modernization

23 January 2025 - Turkish steelmaker Colakoğlu Metalurji AS has contracted SMS group to upgrade its 1,850 mm strip mill in Dilovası.

ABB to Provide Automation, Control Tech to Swedish Ironmaker

23 January 2025 - Swedish startup GreenIron has selected ABB to provide automation and control system solutions for its first commercial facility in Sandviken.

Danieli Wins Order for JSPL Quench System

21 January 2025 - Jindal Steel & Power Ltd. has decided to install a Danieli Exstream II direct quench system at its Steckel mill in Raigarh, India, Danieli has announced.

U.S. Mill Places Order for H2 Electrolysis Equipment

21 January 2025 - Hydrogen electrolysis equipment maker Nel ASA has received a US$7 million order for two containerized electrolysis units from an unidentified U.S. steel mill.

Hyundai Steel Sales to Outside Automakers Tops 20%

21 January 2025 - Hyundai Steel has reached a new sales milestone, selling more than 1 million metric tons of automotive sheet in 2024 to foreign automakers other than affiliates Hyundai and Kia, reports The Korea Economic Daily.

Pacific Steel Group Lines Up US$200M for Micro-Mill

20 January 2025 - Pacific Steel Group (PSG) has secured a US$200 million loan from Generate Capital, a sustainable infrastructure investment firm, to support the construction of its planned California micro-mill.

New HBIS Slab Caster Enters Service

20 January 2025 - China’s HBIS XuanHua Iron and Steel Group successfully has started up a new single-strand slab caster at its low-carbon-emissions plant in Zhangjiakou, Hebei province.

Nucor Climate Goals Receive Global Steel Climate Council Certification

16 January 2025 - The Global Steel Climate Council (GSCC) has certified Nucor Corp.’s science-based emissions targets, the company announced Thursday.

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.

Chinese Mill Completes Production Trial on New Mill

14 January 2025 - China’s Shougang Jingtang United Iron & Steel has successfully trialed production of 0.7 mm strip on its new Danieli QSP-DUE plant in Hebei province.

Nucor Sees Progress on West Virginia Mill

14 January 2025 - With more than 1,000 contractors and construction workers on-site, Nucor Corp.’s West Virginia sheet mill is continuing to take shape, reports WV News.

Cleveland-Cliffs CEO Restates Interest In Buying U.S. Steel

13 January 2025 - With the United States Steel Corporation - Nippon Steel merger heading to court, Cleveland-Cliffs Inc. chief executive officer said he wants to buy the company, should the deal ultimately fail.

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.