Steel News

JSPL Signs MoU for 1,000 MW of Carbon-Free Energy

20 October 2022 - In line with its goal to become a net-zero steelmaker by 2035, India’s Jindal Steel & Power Ltd. (JSPL) has signed a memorandum of understanding with energy transition and decarbonization solutions firm Greenko Group to facilitate 1,000 MW of carbon-free energy for its steelmaking operations at Angul, Odisha.

H2 Green Steel Raises Additional EUR70 Million in Series B Funding

19 October 2022 - Steelmaking startup H2 Green Steel has reached the final close on a EUR260 million round of Series B equity funding, the company has announced.

LIBERTY Steel Trials Coal Substitute

19 October 2022 - LIBERTY Steel UK has wrapped up a successful trial of a coal substitute in its electric steelmaking operation in Rotherham, England.

SMS group Gets the Nod for Green Steel Mill Project

17 October 2022 - Steelmaking start-up H2 Green Steel has selected SMS group to provide the main process equipment for its planned mill in Sweden.

Salzgitter Reports Success With Hydrogen Electrolyzer Trial Run

17 October 2022 - Salzgitter is wrapping up what it calls a successful trial with high-temperature electrolysis for hydrogen production and steel production.

Potential Green Steel Mill Brings Cargill Together with Start-Up Producer

17 October 2022 - Cargill’s iron ore and steel trading business is teaming up with a Nordic start-up aiming to build a green fossil-fuel-free steel mill in the next few years.

ArcelorMittal Celebrates Start of Dofasco Decarbonization Project

13 October 2022 - ArcelorMittal Dofasco on Thursday broke ground on its CA$1.8 billion process conversion project that will transition it to a direct reduction–electric arc furnace route.

thyssenkrupp Cuts the Ribbon on New Hot-Dip Line

13 October 2022 - thyssenkrupp has inaugurated a EUR250 million hot-dip galvanizing line that will make the company’s Dortmund, Germany, facility a manufacturing center for premium galvanized flat steels.

United Steelworkers Members Accept Labor Agreement at Cleveland-Cliffs

12 October 2022 - Members of the United Steelworkers union have ratified a new four-year agreement with Cleveland-Cliffs Inc., the company said on Wednesday.

H2 Green Steel Partners With Midrex on Direct Reduction Plant

11 October 2022 - H2 Green Steel, a Swedish startup that is planning to build a hydrogen-based steel mill, is partnering with direct reduction specialist Midrex, the company has announced.

voestalpine Ups R&D Investment

10 October 2022 - voestalpine has set a research and development budget of EUR196 million for this fiscal year, a record for the company as it seeks to digitalize production and adopt climate-neutral steelmaking processes.

Regulators Approve Expansion of Indian Mill

07 October 2022 - AM/NS India has received environmental clearance to expand its flagship plant in Hazira, Gujarat, the company reports.

U. S. Steel Marks Start of Pellet Plant Upgrade

06 October 2022 - United States Steel Corporation has broken ground on a US$150 million project that will expand pelletizing capabilities at its Keetac facility in Minnesota.

Solar Developer Gets OK for Big River Generation Facility

06 October 2022 - The Arkansas Public Service Commission has approved a 250-MW solar farm that will provide power to United States Steel Corporation’s expanding Big River Steel plant.

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.