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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Vale, Nippon Steel Sign MoU to Develop Steelmaking Decarbonization Solutions
26 April 2022 - Vale announced today it has signed a memorandum of understanding (MoU) with Nippon Steel to explore ironmaking solutions focused on carbon-neutral steelmaking.
Cleveland-Cliffs Reports First-Quarter Earnings Results
25 April 2022 - Cleveland-Cliffs Inc. on Friday reported first-quarter 2022 net income of US$1.50 per diluted share, up from US$0.07 per diluted share in the first quarter of 2021.
Nucor and University of Kentucky Awarded DOE Grant for Carbon Capture Pilot Study
22 April 2022 - The steelmaker announced Friday that it has received a U.S. Department of Energy grant in partnership with the University of Kentucky to install and pilot a new carbon emissions capture system at Nucor Steel Gallatin in Kentucky.
Nucor Contracts Fives for Galvanizing Lines at New Sheet Mill
22 April 2022 - Fives has been tapped by Nucor Corp. to supply both a vertical and horizontal galvanizing line at its greenfield West Virginia sheet mill, each with a capacity of 500,000 tons per year.
POSCO Breaks Ground on Electrical Steel Mill
22 April 2022 - The South Korean steelmaker broke ground today on a 1 trillion won (US$805 million) steel plant in the southwestern port of Gwangyang, according to The Korea Times.
Nucor Records Its Most Profitable First Quarter to Date
21 April 2022 - The company announced today it had achieved consolidated net earnings of US$7.67 per diluted share for the first quarter of this year, making it the most profitable first quarter in the company's history.
Record First Quarter for Steel Dynamics
21 April 2022 - The steelmaker announced its first-quarter 2022 results yesterday of US$5.71 per diluted share, up from US$2.03 per diluted share in the first quarter of 2021.
Primetals Technologies Unveils 3-Strand Continuous Slab Caster
20 April 2022 - The equipment supplier was contracted to provide the first-ever 3-strand slab casting solution for China’s Tangshan Donghua Iron and Steel Enterprise Group, Primetals Technologies announced today in a press release.
ArcelorMittal Plants in Africa, South America Are Going Green
19 April 2022 - ArcelorMittal locations around the world are working toward green energy, and its plants in South Africa and Argentina are preparing to make the switch within the next few years.
Algoma Steel Appoints New CEO; Michael McQuade to Retire
18 April 2022 - Canadian steelmaker Algoma announced this morning that Michael Garcia will become its next chief executive officer (CEO) on 1 June 2022.
ArcelorMittal Acquires Majority Stake in voestalpine’s Texas HBI Plant
14 April 2022 - Luxembourg-based steelmaker ArcelorMittal announced today it has acquired an 80% stake in voestalpine’s hot briquetted iron (HBI) facility in Corpus Christi, Texas, USA.
Reports: Some Ukrainian BFs Coming Back On-Line
13 April 2022 - Metinvest released a statement yesterday detailing the current status of operations in its facilities in Ukraine, in which it said the company’s management “continues to undertake a number of actions to ensure the continuing operations of the Group’s other assets, to the extent that it is safe for its employees and subject to ongoing logistical constraints in Ukraine.”
Acciaieria Arvedi Grants Final Acceptance to ABB, Tenova for EAF Technology Package
13 April 2022 - ABB and Tenova have received final acceptance from Italian steelmaker Acciaieria Arvedi for a technology package that enables optimal charging, melting and electromagnetic stirring for what Tenova is calling “the world’s highest-yielding” electric arc furnace (EAF).
Nucor’s New Rebar Mill to Utilize Danieli for Endless Casting-Rolling Technology
12 April 2022 - The steelmaker has awarded a contract to Danieli for a MIDA® QLP mini-mill to be installed at its newly announced facility in Lexington, N.C., USA, according to a press release from Danieli.
JSW Steel Subsidiary Receives Environmental Clearance for Greenfield Mill
12 April 2022 - JSW Utkal Steel, a wholly owned subsidiary of JSW Steel, has received environmental clearance for the construction of a 13.2-million-metric-ton-capacity greenfield integrated steel plant in Odisha, India, the Business Standard reports.
voestalpine Nearing Sale of Majority Stake in Texas HBI Mill
11 April 2022 - The steelmaker is in advanced discussions to sell 80% of its stake in its Corpus Christi, Texas, USA, hot briquetted iron (HBI) mill, according to an official press release.
Algoma Steel Remarks on Ontario’s Newly Announced Northern Energy Advantage Program
11 April 2022 - After a recent move to electric arc furnace (EAF) steelmaking, Algoma Steel applauds the Canadian province of Ontario’s newly announced Northern Ontario Energy Advantage Program (NEAP).
BlueScope Expands Painting Operations With Acquisition of Coil Coatings
11 April 2022 - The company announced today that it has entered into an agreement to acquire Coil Coatings, the second largest metal painter in the U.S., from Cornerstone Building Brands Inc. for US$500 million.
Nucor Unveils Plans for New Rebar Micro-Mill
07 April 2022 - The company announced today that it plans to build what will be its third rebar micro-mill in Lexington, N.C., USA.
thyssenkrupp to Undertake Plant Revamp and New Build in Duisburg-Bruckhausen
07 April 2022 - ABB announced today it has been tapped by Primetals Technologies to help optimize production at thyssenkrupp Steel Europe’s Duisburg-Bruckhausen plant in Germany.
