Steel News

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.

Tata Steel Partners With Hatch on IJmuiden Process Route Conversion

15 September 2022 - Engineering and management consultancy Hatch Ltd. is joining Tata Steel’s effort to produce hydrogen-reduced iron and green steel at its lJmuiden plant in the Netherlands.

Danieli Contracted for BF Stove Repairs

15 September 2022 - Tata Steel has again tapped Danieli for blast furnace stove repairs at the steelmaker’s Port Talbot Works in the United Kingdom, reaffirming a relationship between the two.

Topalian Named Nucor Chairman

15 September 2022 - Nucor Corp. president and chief executive Leon Topalian can now add board chairman to his title.

POSCO Mill Recovering From Flood

13 September 2022 - POSCO has restarted the No. 2 and No. 4 blast furnaces at its Pohang Works after a typhoon flooded the plant last week.

JSW Steel, SMS group to Partner on Decarbonization Projects

13 September 2022 - JSW Steel will collaborate with plant builder and mechanical engineer SMS group on decarbonization projects throughout its fleet of Indian mills.

voestalpine Turns to Primetals Technologies for Galvanizing Line Revamp

13 September 2022 - voestalpine has contracted Primetals Technologies to modernize the Nos. 3 and 4 hot-dipped galvanizing lines at its Linz facility in Austria, the equipment builder has announced.

Cleveland-Cliffs, USW Shake Hands on Another Tentative Labor Agreement

09 September 2022 - Cleveland-Cliffs Inc. has reached a tentative labor agreement with United Steelworkers (USW)-represented employees at its legacy mining and pelletizing operations in northern Minnesota and the Michigan Upper Peninsula.

thyssenkrupp Greenlights DRI Plant

08 September 2022 - thyssenkrupp will proceed with construction of a 2.5-million-metric-ton direct reduction plant at its Duisburg plant in Germany, the company said on Thursday.

Primetals Technologies Bags Order for Ladle Furnace

07 September 2022 - Mexico’s Talleres y Aceros S.A. de C.V. (TYASA) has ordered a twin-ladle furnace from Primetals Technologies, the equipment manufacturer reports.

AIC Completes Rolling Mill Automation Project

07 September 2022 - Automation specialist Automazioni Industriali Capitanio (AIC) has wrapped up installation of a new automation system for a stand in a Gerdau rolling mill.

ArcelorMittal Idles Two European Blast Furnaces

07 September 2022 - Softening demand and rising energy prices are prompting ArcelorMittal to idle two of its blast furnaces in Spain and Germany, according to a report.

Deacero Awards Plant Modernization Contract

01 September 2022 - Mexican long products maker Deacero has contracted Danieli to upgrade the meltshop and rolling mills at its Celaya plant.

JFE Steel Plans Multi-Billion Investment in Low-CO2 Steel

01 September 2022 - Japan’s JFE Steel is prepared to invest the equivalent of US$7.2 billion to reduce its carbon dioxide emissions, in part through building electric arc furnaces, according to the Reuters news service.

POSCO, Primetals Technologies Partner Up on Hydrogen DRI Plant

01 September 2022 - Primetals Technologies and POSCO will work together on developing a green steel demonstration plant using hydrogen reduction.

U. S. Steel Idles Indiana Tin Line

01 September 2022 - United States Steel Corporation is idling the No. 5 tin line at its Gary Works, according to The Times newspaper of northwest Indiana.

Nucor to Invest US$200M in South Carolina Mill

30 August 2022 - Nucor Corp. is planning a US$200 million modernization of its Berkeley sheet and beam mill in South Carolina, the company said on Tuesday.

Cleveland-Cliffs, USW Reach Tentative Labor Agreement

29 August 2022 - Cleveland-Cliffs Inc. and the United Steelworkers union (USW) have reached a tentative, four-year agreement covering approximately 12,000 employees.

Tata Steel Plans 750K-Ton Rebar Mill, DRI Plants

29 August 2022 - Tata Steel has signed a memorandum of understanding with the Indian state of Punjab to build a greenfield rebar mill and has contracted for the design of direct reduction plants in Europe.

AM/NS Agrees to Buy Infrastructure Assets for US$2.5B

26 August 2022 - Joint venture AM/NS India is acquiring port and energy assets from Essar Group for US$2.4 billion, the companies said on Friday.