Steel News

POSCO Joins Offgas Recycling Research Effort

06 October 2022 - POSCO has signed on to a research effort that is exploring technologies to convert steel mill offgas into a plastics raw material, reports the Aju Business Daily newspaper.

ArcelorMittal Signs Danieli for Rolling Mill Build

06 October 2022 - ArcelorMittal has contracted Danieli for a new rolling mill and reheat furnace for its Barra Mansa Works in Brazil, the plant builder has announced.

SDI Grows Mexican Scrap Capacity Through Acquisition

04 October 2022 - Steel Dynamics Inc. has finalized its acquisition of Mexican metals recycler ROCA ACERO S.A. de C.V., completing a deal that adds 850,000 gross tons of processing capacity to its raw materials assets.

Deacero Moves to Expand Production

04 October 2022 - Mexico’s Grupo Deacero plans to invest the equivalent of about US$590 million in its operations as it looks to lift production, according to a report.

AM/NS India JV Plans US$5 Billion Investment to Boost Capacity

29 September 2022 - The planned investment, which will include two new blast furnaces, is expected to increase crude steel capacity by 6 million metric tons per year at the Hazira facility, according to the Reuters news agency.

ArcelorMittal, Zeleros Test Steel Performance for Hyperloops

29 September 2022 - A testing facility has been built at ArcelorMittal’s Rail Excellence Center in Spain to test how certain steels perform in ultrahigh-speed conditions in cooperation with hyperloop designer and manufacturer Zeleros.

Nucor Announces Construction of Two New Galvanizing Lines

28 September 2022 - A 500,000-ton-capacity galvanizing line will be constructed at Nucor Steel–Berkeley in South Carolina, with another to be constructed in the western United States, the company announced today.

Siderúrgica Huachipato Signs On for Digitalization Project With SMS digital

27 September 2022 - SMS digital has entered into an agreement to provide a package of advanced digital services for the Siderúrgica Huachipato’s Talcahuano facility in Chile to help the company achieve efficiency cost savings.

HYBRIT Hydrogen Storage Facility Is Up and Running

27 September 2022 - The first of its kind for storing fossil-free hydrogen gas, the rock cavern storage facility in Luleå, Sweden, is now operational, SSAB announced.

LIBERTY Ostrava Plans CZK 88 Million Investment to Reduce Sinter Plant Dust Emissions

27 September 2022 - The investment will include the installation of a new exhaust pipeline at LIBERTY Ostrava’s sinter plant north, aiming to reduce fugitive emissions by around 46%.

Paul Wurth To Install First Stamp-Charged Coke Battery in Japan for JFE Steel

27 September 2022 - Japan’s JFE Steel Corp. has tapped Paul Wurth IHI to supply a new stamp-charged coke oven battery at its Fukuyama works, marking the first time the technology will be installed in the country.

Danieli Provides Electromagnetic Stirrers in Brazil

26 September 2022 - Brazilian steelmaker Aço Verde Brasil tapped Danieli for new in-mold electromagnetic stirrers in its continuous casting machine, according to the equipment supplier.

Swiss Steelmaker Taps AMI Automation for Electrode Regulation System

26 September 2022 - Stahl Gerlafingen contracted AMI Automation to upgrade the electrode regulation system (ERS) for its secondary steelmaking process, which the equipment supplier completed earlier this year.

Nucor Begins Pursuit of LEED Certification for New Plate Mill

20 September 2022 - Nucor Corp. has formally declared its intention to seek LEED certification for its Brandenburg, Ky., USA, plate mill, the company said on Tuesday.

SSAB, Oshkosh Team Up on Fossil-Fuel-Free Steel Applications

20 September 2022 - U.S.-based specialty truck and equipment maker Oshkosh Corp. is partnering with SSAB to use fossil-fuel-free steel in commercial vehicles.

Commercial Metals Company Expands Internal Scrap Supply

19 September 2022 - Long products maker Commercial Metals Company (CMC) has acquired a California-based scrap processor and broker to help secure an in-house supply for its expanding Arizona operations.

U. S. Steel Leans into Market Headwinds

16 September 2022 - United States Steel Corporation expects to report adjusted net earnings of somewhere between US$1.90 and US$1.95 per diluted share this quarter, even as market headwinds begin to impact the business, the company has said.

Hyundai Steel Reports Successful Trial of Low-CO2, High-Strength Steel

16 September 2022 - South Korea’s Hyundai Steel Co. said it has successfully produced 1-gigapascal steel sheet using an electric arc furnace (EAF).

Nucor Anticipates Record Year, but Comparatively Lower Q3 Results

15 September 2022 - Nucor Corp. expects its third-quarter earnings to fall roughly 13% year over year on lower shipments and prices at its steel mills.

SDI Q3 Earnings Expected to Soften but Sees Underlying Demand Persist

15 September 2022 - Steel Dynamics Inc. expects its third-quarter earnings to drop roughly 23% from the prior three months due in part to lower average flat-rolled prices.