Steel News

Report: Nippon Steel, USW to Begin Dialogue Over Merger

07 March 2024 - Nippon Steel executive vice president Takahiro Mori is to meet with United Steelworkers leadership to discuss his company’s proposed acquisition of United States Steel Corporation, reports the Reuters news service.

West Virginia Regulators OK Power Line for Nucor Mill

07 March 2024 - The West Virginia Public Service Commission has greenlighted a plant to build a US$86 million power transmission line that will serve Nucor Corp.’s West Virginia sheet mill, reports the (Huntington, W.Va.) Herald-Dispatch newspaper.

JSW Steel Plans EUR143 Million Investment in Italian Rail Mill

07 March 2024 - JSW Steel has signed a memorandum of understanding (MOU) with Italy to restart a steel facility in Piombino, the company has announced.

New CEO Takes the Helm at JSW Steel USA

06 March 2024 - JSW Steel has named industry veteran Robert Simon as chief executive officer (CEO) of its U.S. operation.

SAIL, Primetals Technologies to Collaborate on Decarbonization

06 March 2024 - The Steel Authority of India Ltd. (SAIL) and Primetals Technologies have signed a memorandum of understanding to closely collaborate on projects and technologies related to decarbonization of the steelmaker’s Rourkela plant in Odisha, India.

Metallus Inks Agreement With U.S. Army

29 February 2024 - Ohio-based Metallus has signed a US$99 million agreement with the U.S. Army on a project intended to help the Army ramp up artillery shell production in the coming years.

EU OKs Germany Plan to Support ArcelorMittal Project

29 February 2024 - The European Commission has signed off on Germany’s EUR1.3 billion financial aid package to ArcelorMittal in support of the steelmaker’s plan to decarbonize facilities there.

United Steelworkers Union, Nippon Steel Sign Nondisclosure Agreement

29 February 2024 - The United Steelworkers (USW) union has signed a nondisclosure agreement with Nippon Steel Corp., a precursor to allowing discussion between the labor union and the acquirer of United States Steel Corporation to proceed.

Ternium Revises Budget for Mexican Sheet Mill Expansion

22 February 2024 - Inflationary equipment pricing and fluctuations in the exchange rate have forced upward revisions to cost estimates on Ternium’s expansion in Mexico.

Wheeling-Nippon Celebrates Production Milestone

22 February 2024 - West Virginia coil processor Wheeling-Nippon Steel recently celebrated a production milestone, coating its 20 millionth ton.

Nucor Board Greenlights Funding for New Micro-Mill

21 February 2024 - Nucor Corp.’s board of directors has agreed to allocate US$860 million for construction of a rebar micro-mill, the steelmaker said Wednesday.

Salzgitter Divests Mannesmann Stainless Tubes Business

20 February 2024 - Italy's Cogne Acciai Speciali has acquired the Mannesmann Stainless Tubes Group from Salzgitter Ag for EUR135 million, Salzgitter said on Tuesday.

Italy Moves to Repossess Its Largest Steelworks

20 February 2024 - The Italian government is placing the operator of the country's largest steelworks into extraordinary administration, removing control from majority owner ArcelorMittal.

Wanted to Buy: Hydrogen. And Lots of It.

19 February 2024 - thyssenkrupp Steel is soliciting bids for hydrogen to run its planned direct reduction plant, a first in the company’s decarbonization journey.

BlueScope Mulls Midwest Coil Processing Facility

19 February 2024 - BlueScope Steel Ltd. is studying whether to expand its North American value-add capabilities, weighing a potential 550,000-ton cold rolling and coil coating project in the Midwest.

Citing ITC Decision, Cleveland-Cliffs to Idle Weirton Tin Mill

15 February 2024 - Cleveland-Cliffs Inc. is indefinitely idling its Weirton, W.Va., USA, tin mill, laying the blame with the U.S. International Trade Commission (ITC) for its refusal to impose duties on imported tinplate.

BlueScope Steel Partners With Iron Ore Producers on Potential Electric Smelting Furnace

15 February 2024 - Australia’s BlueScope Steel Ltd. and the country’s two biggest iron ore miners are collaborating on an effort to develop a pilot-scale electric smelting furnace.

Gerdau Signs Danieli for Brazilian BF Upgrade

15 February 2024 - Gerdau’s Ouro Branco mill has contracted Danieli Corus to modernize its No. 1 blast furnace, a project intended to extend the life of the unit for at least another 15 years.

Solar Array Brings Clean Energy to SSAB Service Center

15 February 2024 - An SSAB service center in Italy is being run entirely on fossil-fuel-free power after having installed a solar panel array on the roof of its facility, the company reports.

JSW, JFE Cement Grain-Oriented Electrical Steel Joint Venture

14 February 2024 - India’s JSW Steel and Japan’s JFE Steel have broken ground on a joint-venture electrical steel plant in India, the equivalent of a US$670 million investment that will bring about India’s first end-to-end manufacturer of grain-oriented electrical steel.