Steel News

Steel Dynamics Sees Healthy Steel Demand, Expects Profitable Q1

15 March 2023 - Steel Dynamics Inc.'s first-quarter earnings are likely to dip roughly 3%, but the company says demand in its steel, scrap and fabricated products businesses remains strong.

Report: U. S. Steel Ready to Cool Three Coke Batteries

14 March 2023 - United States Steel Corporation will start winding down three Pennsylvania coke batteries later this month, following through on a promise it made two years ago.

Algoma Brings Aboard Project Management Firm for EAF Build

14 March 2023 - Algoma Steel has contracted industrial and civil construction management firm EllisDon to see its electric arc furnace (EAF) project through to completion.

Canada Bars Russian Steel, Aluminum Imports

14 March 2023 - Canada has banned aluminum and steel imports from Russia, Canadian officials have announced.

Danieli Wins Order for CMC Rebar Mill

09 March 2023 - Danieli will equip Commercial Metals Company’s planned rebar mill in Berkeley County, W.Va., USA, the plant builder has said.

JSW Steel USA to Digitally Publish Carbon Emissions Data on Products

09 March 2023 - JSW Steel USA will begin publishing environmental production declarations (EPDs) through a digital platform, the company has announced.

SDI Turns to Longtime Technology Partner for Aluminum Mill Build

09 March 2023 - Steel Dynamics Inc. has contracted SMS group to build its planned aluminum sheet mill, the plant engineer has announced.

SDI's Heart is in Steel, But Its Mind is on Aluminum

08 March 2023 - Steel Dynamics Inc. (SDI) broke ground Tuesday on its planned aluminum flat-rolled mill in Columbus, Miss., USA, a transformative project that will create a new line of business for the steelmaker and provide new source of domestically manufactured aluminum.

Leeco Steel Upgrades Indiana Distribution Center

08 March 2023 - Steel plate distributor Leeco Steel has added a combination cutting and drilling machine to its Portage, Ind., USA, facility.

U. S. Steel, Cleveland-Cliffs Seek Minnesota Iron Ore Leases

07 March 2023 - United States Steel Corporation and Cleveland-Cliffs Inc. are seeking public mineral leases that had been part of proposed mine and taconite pellet plant in Minnesota.

CMC Acquires Two Tennessee Scrap Yards

06 March 2023 - Commercial Metals Company (CMC) is expanding its internal scrap supply, announcing Friday that it has acquired the assets of Tennessee metals recycler Roane Metals Group.

Valbruna ASW Puts New EAF into Service

03 March 2023 - Special steel producer Valbruna ASW Inc. has started up a new Tenova-built electric arc furnace (EAF), the equipment manufacturer has said.

Refractories Producer Establishing Alabama Location

03 March 2023 - Illinois-based refractories maker Magneco/Metrel Inc. is setting up a new facility in Alabama, according to local news reports.

U. S. Steel Opens Discussions on Potential Carbon Capture Project

02 March 2023 - United States Steel Corporation is considering a potential carbon capture project at its Gary, Ind., USA, facility, announcing Thursday that it has opened discussions with the developer of a carbon capture and reuse technology.

Acquisition Expands Morgan Engineering's Shop Capacity

28 February 2023 - Morgan Engineering has acquired the assets of Ohio-based Girard Machine, a move that expands Morgan Engineering’s fabrication and machining capacity.

Texas EAF Dust Recycler Starts Operations

24 February 2023 - Startup EAF dust recycler Zinc Resources LLC has opened a US$100 million plant in Victoria, Texas, USA, the company reports.

AIC, Pomini Get the Nod for Swedish Rolling Mill Upgrade

24 February 2023 - Ovako AB has contracted Italy’s Automazioni Industriali Capitanio (AIC) and Pomini Long Rolling Mills to modernize a hot mill at its Hällefors facility in Sweden.

The World’s No. 2 Met Coal Exporter is Spinning Off Its Coal Mines. Here’s Why.

23 February 2023 - Canadian miner Teck Resources Ltd. is splitting off its metallurgical coal business into a separate public company that will be owned in part by two of its biggest steelmaking customers, the company has announced.

Nucor Board Approves Additional Funding for W.Va. Sheet Mill

23 February 2023 - Nucor Corp. has marked up the price tag on its planned West Virginia sheet mill, saying the project will cost US$400 million more than first thought.

Flack Global Metals New Investment Arm Buys Building Products Fabricator

23 February 2023 - Flat-rolled distributor and metals trader Flack Global Metals (FGM)has agreed to acquire metal roofing and wall maker Fabral for an undisclosed amount.