Steel News

Salzgitter Signs Renewable Power Purchase Agreement

27 October 2023 - Salzgitter has signed a long-term power purchase agreement (PPA) with a solar energy developer in Germany, securing 80 MW of green power.

Cleveland-Cliffs Receives U.S. Energy Department Distinction

26 October 2023 - The U.S. Department of Energy (DOE) has recognized Cleveland-Cliffs Inc.’s efforts to reduce carbon dioxide emissions, naming it a GHG Emissions Reduction 2023 Goal Achiever.

JSW Steel Eyes Green Steel Plant

24 October 2023 - As the European Union begins to roll out its tariff plan on CO2 intensive steels, India’s JSW Steel is looking to build a green steel facility by 2030, reports the business publication Mint.

Cleveland-Cliffs: No Comment on Effort to Buy U. S. Steel

24 October 2023 - Those looking for clues as to the status of Cleveland-Cliffs Inc.’s effort to buy United States Steel Corporation were probably disappointed by the company’s third-quarter earnings call.

Nucor Celebrates Start of Work in West Virginia Mill

23 October 2023 - Nucor has broken ground on its West Virginia flat-rolled mill, marking the start of work on what is the steelmaker’s single largest investment.

Sarralle Bags Order for Fume Extraction System

23 October 2023 - JSW Steel subsidiary Bhushan Power & Steel Ltd. has placed an order with Sarralle for a new fume extraction system at its Tehsil, Odisha, India, facility.

POSCO, HBIS Open JV Galvanizing Plant

23 October 2023 - A joint venture between South Korea’s POSCO and China’s HBIS Group is starting up a new galvanized sheet facility in China, reports The Korea Times.

Nucor Mulls Rebar Micro-Mill in Pacific Northwest

20 October 2023 - Nucor Corp. today announced that it is looking possible sites for a new 650,000-ton rebar micro-mill in the Pacific Northwest.

Blastr Green Steel Partners With SFE on Pellet Plant in Norway

19 October 2023 - Blastr Green Steel announced it has signed a Letter of Intent (LOI) with power company Sogn og Fjordane Energi (SFE) for the long-term supply of clean electricity to the company’s planned pellet plant in Lutelandet, Norway.

Steel Dynamics Reports Third-Quarter 2023 Results

19 October 2023 - The company yesterday reported its third-quarter 2023 financial results, which saw net sales of US$4.6 billion.

China Steel Corp. Selects Primetals Technologies To Undertake Decarbonization Study

19 October 2023 - Primetals Technologies announced it has received an order for a decarbonization study from China Steel Corp. (CSC), with the aim to reduce carbon emissions at its Kaohsiung site in Taiwan.

KOBE Steel Achieves 25% Reduction of CO2 Emissions From Blast Furnace

19 October 2023 - Japan’s Kobe Steel Ltd. announced this week that a demonstration test at its Kakogawa works has successfully reduced CO2 emissions by 25% from a large blast furnace.

Hasçelik Taps Tenova, ABB for New EAF

19 October 2023 - The Turkish steelmaker Hasçelik Sanayi ve Ticaret A.S. has selected Tenova and ABB to provide a new steelmaking line at its steel plant in Osmaneli, according to a press release from ABB.

Steel Dynamics Announces Changes to Leadership Lineup

18 October 2023 - Steel Dynamics Inc. yesterday announced promotions for Christopher Graham, Richard Poinsatte, Angela Reeve, Christopher Gionti and Daniel Keown.

Ternium and Tenova Shake Hands on Pesquería Mill

18 October 2023 - Tenova has signed a contract with Ternium for its new state-of-the-art steel mill in Pesquería, N.L., Mexico, that will include a direct reduction plant, electric arc furnace and two ladle furnaces.

U. S. Steel, DuPont Unveil Product Engineered for Coastal Environments

17 October 2023 - United States Steel Corporation and DuPont today launched a new product that is specially designed and warrantied for coastal environments.

U. S. Steel Opens Big River Electrical Steel Line

17 October 2023 - United States Steel Corporation has cut the ribbon on its 200,000-ton electrical steel line at its Big River facility.

Report: Tesla Sourcing Outokumpu Stainless Steel for Cybertruck

12 October 2023 - Outokumpu reportedly is providing stainless steel to Tesla for Cybertruck exteriors, according to the Bloomberg news service.

POSCO Recovers Investment in Australian Iron Ore Operation

10 October 2023 - In 2010, POSCO announced a plan to join the Roy Hill iron ore mining project in Australia, an investment that at the time was the company’s largest ever investment in raw materials. The move was criticized by shareholders on grounds that wildly fluctuating ore prices made it too risky of an investment.

H2 Green Steel Sees Opportunity for Canadian Facility

10 October 2023 - Swedish steel startup H2 Green Steel and the Canadian government are discussing the potential for an iron facility or a steel mill in Quebec, reports the Bloomberg news service.