Steel News

Tata Steel UK Orders Tenova EAF

21 October 2024 - Tenova has received an order from Tata Steel UK for a high-productivity electric arc furnace, the equipment manufacturer reports.

European Commission OKs Sweden’s Financial Support for SSAB Project

21 October 2024 - The European Commission has approved Sweden’s plan to provide a EUR128 million grant to SSAB’s mini-mill project in Luleå.

Aperam to Establish U.S. Presence Through Universal Stainless Acquisition

17 October 2024 - Pittsburgh-based Universal Stainless & Alloy Products Inc. is being sold to Aperam in a cash deal valued at US$539 million, the companies announced Thursday.

Former thyssenkrupp Executive to Lead Salzgitter Flachstahl

17 October 2024 - Salzgitter Flachstahl GmbH has named Heike Denecke-Arnold as management board chair, succeeding Ulrich Grethe, who is retiring.

ArcelorMittal Signs Long-Term Supply Agreement for Renewably Produced Steel

17 October 2024 - Roof window manufacturer VELUX Group has signed a 10-year commercial agreement with ArcelorMittal for renewably produced steel.

JSW Steel to Explore Carbon Capture at Vijayanagar Plant

16 October 2024 - JSW Steel, iron ore miner BHP and carbon capture solutions provider Carbon Clean have signed an agreement to jointly study a carbon capture solution.

SHS Group Chooses Technology Suppliers for Process Conversion

16 October 2024 - Germany’s SHS Group has awarded contracts for a direct reduction plant and two electric arc furnaces, the central components of a decarbonization project at its Dillinger/Saar and Völklingen plants.

Nippon Steel to Divest Stake in Alabama Rolling Mill

15 October 2024 - Nippon Steel Corp. will sell its 50% stake in AM/NS Calvert to partner ArcelorMittal, if Nippon Steel finalizes its acquisition of United States Steel Corporation, the company announced.

SDI Announces Science-Based CO2 Intensity Targets

10 October 2024 - Steel Dynamics Inc. will look to reduce the CO2 intensity of its hot-rolled steel by 15% over the next six years under new science-based goals it has set as part of its participation in the Global Steel Climate Council.

Stelco Acquisition Clears Another Regulatory Hurdle

09 October 2024 - Canadian antitrust regulators have given the green light to Cleveland-Cliffs Inc.’s acquisition of Ontario-based Stelco.

Justice Department OKs Cliffs-Stelco Deal

09 October 2024 - The sale of Canadian steelmaker to U.S.-based Cleveland-Cliffs Inc. has cleared a U.S. Justice Department antitrust review, Cliffs announced on Tuesday.

Jindal Group to Acquire Czech Republic’s Vítkovice Steel

09 October 2024 - Czech plate producer Vítkovice Steel is being acquired by India’s Jindal Group, which plans to invest up to EUR150 million in the Ostrava company.

SSAB Contracts Engineering Partner for Mini-Mill Build

08 October 2024 - SSAB has selected Swedish engineering firm AFRY as its main engineering partner for its Luleå mini-mill project.

Report: thyssenkrupp Re-Examines Plans for Hydrogen DRI Furnace

07 October 2024 - thyssenkrupp AG is said to be reviewing plans for its billion-euro project to convert from traditional blast furnace ironmaking to hydrogen-fueled ironmaking.

Hyundai Steel Hires Help for Hydrogen Injection Tests

07 October 2024 - South Korea’s Hyundai Steel has contracted Primetals Technologies as part of a study looking at blast furnace hydrogen injection.

ArcelorMittal Celebrates Start of EUR76 Million Ladle Furnace

03 October 2024 - ArcelorMittal’s Fos-sur-Mer plant in France has inaugurated a new ladle furnace, a milestone event that the company says will contribute to the European steel industry’s energy transition.

U. S. Steel: Nippon Steel Merger Will Bring Significant Economic Gains to Pennsylvania

02 October 2024 - United States Steel Corporation estimates that a promised investment in its Mon Valley Works would translate into nearly US$1 billion in incremental economic impact to Pennsylvania over the next two years.

Hydnum Steel, Knauf Interfer Collaboration Aims to Boost European Green Steel Supply

02 October 2024 - European steel processor and distributor Knauf Interfer has signed a memorandum of understanding with Spanish green steel startup Hydnum Steel to buy EUR80 million worth of product annually.

A Century of Integrated Steelmaking at Welsh Plant Comes to an End

01 October 2024 - Tata Steel on Monday tapped the No. 4 blast furnace at its historic Port Talbot Works in Wales for the final time, bringing to an end nearly 100 years of ironmaking.

ArcelorMittal Urges EU Action on Steel Plan

30 September 2024 - ArcelorMittal Europe chief executive officer Geert Van Poelvoorde has urged the European Union and the Polish government to adopt policies that will enable the industry to thrive.