Steel News

SSAB Partners With PSI Group on Software Implementation

16 September 2024 - SSAB has selected PSI Group to develop a template software system that will drive its business processes, PSI Group has announced.

H2 Green Steel Is Now Stegra

12 September 2024 - Swedish startup H2 Green Steel is changing its name to Stegra, a move intended to future proof the company’s image and reflect its ambitions.

U. S. Steel Brings New Corrosion-Resistant Product to Market

11 September 2024 - United States Steel Corporation has launched sales of corrosion-resistant, carbon flat-rolled steel that it calls ZMAG.

Hybar Adds Equity Investor

11 September 2024 - Infrastructure services provider Quanta Services has made a strategic equity investment in startup rebar manufacturer Hybar LLC.

U.K. Funding Allows Tata Steel EAF Project to Move Forward

11 September 2024 - Tata Steel has signed a GBP500 million funding agreement with the U.K. government, allowing it to move forward with a process conversion at its historic Port Talbot Works in Wales.

U.S. Flat-Rolled Producers Lodge Dumping Complaint Over Corrosion-Resistant Sheet

09 September 2024 - Several U.S. steel producers and the United Steelworkers union have filed dumping complaints with the Commerce Department over imports of corrosion-resistant steel from several countries.

SEC Fines Esmark, Bouchard Over U. S. Steel Offer

06 September 2024 - Esmark Inc. and its chairman will pay US$600,000 to settle Securities and Exchange Commission (SEC) charges that they made an offer to buy United States Steel Corporation despite having the financial wherewithal to complete such a deal.

Harris Joins Biden in Opposing U. S. Steel Sale

03 September 2024 - U.S. Vice President Kamala Harris said she disapproves of Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, arguing that the company should remain domestically owned.

thyssenkrupp Steel Europe CEO Leaves Company Amid Dispute

29 August 2024 - Several thyssenkrupp Steel executives, including its chief executive officer, are parting ways with the company as a result of a dispute over the division's future, the Bloomberg news service reports.

Nippon Steel Promises Additional Investment in Mon Valley, Gary Works

29 August 2024 - Nippon Steel Corp. plans to invest an additional US$1.3 billion, if not more, in United States Steel Corporation’s Mon Valley and Gary works, should it finalize its acquisition of the iconic American steelmaker.

ABB Selected for SSAB Rolling Mill Upgrade

28 August 2024 - ABB has won three related contracts tied to SSAB’s planned improvements of its Borlänge hot rolling mill in Sweden.

SSAB Completes Pilot Phase of HYBRIT Initiative

27 August 2024 - SSAB and partners are moving their HYBRIT fossil-fuel-free iron and steel initiative to the next stage of development, wrapping up an initial six-year effort that successfully demonstrated the feasibility of their process.

Cleveland Cliffs Names New SVP

22 August 2024 - Cleveland-Cliffs Inc. has promoted vice president Michael Hrosik to the C-suite, naming him the senior vice president of its commercial operations.

NLMK Indiana Completes EAF Overhaul

21 August 2024 - NLMK Indiana successfully has started up a revamped, 118-ton electric arc furnace, according to project contractor Primetals Technologies.

thyssenkrupp Teams With Australian Producer to Study Smelting Technology

21 August 2024 - thyssenkrupp is partnering with Australia’s BlueScope Steel on research that will focus on direct reduction and electric smelting plants, the company has announced.

ArcelorMittal to Add Solar Capacity in Brazil

21 August 2024 - ArcelorMittal Brazil on Wednesday signed contracts to develop two solar energy projects with a combined capacity of 465 MW, equivalent to 14% of its current electricity requirements.

Trump Again Pledges to Halt U. S. Steel-Nippon Steel Deal

21 August 2024 - Donald Trump reiterated a campaign promise to block Nippon Steel Corp.’s acquisition of United States Steel Corporation during a campaign stop in central Pennsylvania.

Nucor Names New VP at W.Va. Sheet Mill

20 August 2024 - Nucor Corp. has named Johnny Jacobs as vice president and general manager of its new West Virginia sheet mill, succeeding John Farris, who is retiring after 32 years with the company, reports WVNews.

Caster Robot Takes its Place at Gerdau Plant

20 August 2024 - Gerdau’s Araçariguama plant in Brazil has installed a PolyCAST multitool robot on its caster, an upgrade that improves productivity and safety.

BlueScope Steel Invests in Capacity Boost at North Star Plant

19 August 2024 - BlueScope Steel Ltd.’s board of directors has given the go-ahead to a US$130 million debottlenecking project at its Ohio sheet mill, the company said in its fiscal year-end earnings announcement.