Steel News

ArcelorMittal Inks Exclusive Sheet Piling Marketing Agreement

25 July 2022 - Pipe and piling distributor JD Fields & Co. Inc. (JDF) has signed a long-term marketing agreement with ArcelorMittal, giving it sole distribution rights to the steelmaker’s sheet piling systems in North America.

Stelco Q2 Shipments Appear Bright, but the Company Sees Clouds on the Horizon

25 July 2022 - Stelco expects its second-quarter shipments to increase more than 10% over the prior quarter, pushing up profits, but the company anticipates headwinds in the form of declining steel prices in the remaining half of the fiscal year.

Cliffs: Pent-Up Auto Demand Is Increasing, and So Will Its Bottom Line

22 July 2022 - Cleveland-Cliffs Inc.’s second-quarter profits declined 24% as increased prices for natural gas, electricity, scrap and alloys as well as other one-time charges tamped down earnings.

Nucor Aims for Its Most Profitable Year Ever

21 July 2022 - The company today announced record quarterly consolidated net earnings of US$2.56 billion for the second quarter of 2022.

Steel Dynamics Reports Record Second Quarter

21 July 2022 - The steelmaker on Wednesday announced a record-breaking second quarter in terms of steel shipments, net sales and operating income.

H2 and Hitachi Energy Announce Partnership

21 July 2022 - Hitachi Energy and H2 Green Steel have signed a Memorandum of Understanding to collaborate on projects that support the industrial startup in producing green steel.

ArcelorMittal Gent Starts Up New BOF

21 July 2022 - Equipment supplier Primetals Technologies announced yesterday that a new LD converter (basic oxygen furnace) it supplied to ArcelorMittal Belgium’s steel plant in Gent was recently started up.

SDI Announces US$2.2B Investment — In Aluminum

19 July 2022 - Steel Dynamics Inc. (SDI) on Tuesday said it will enter the flat-rolled aluminum market, announcing a US$2.2 billion plan to build a rolling mill and two separate recycled aluminum slab casting plants.

JSW Steel, Boston Consulting to Work Together on Climate Goals

19 July 2022 - JSW Steel has enlisted the help of management consultant Boston Consulting Group as it works toward reducing its carbon emissions intensity.

BHP, Tata Steel Partner Up on CO2 Reduction Effort

19 July 2022 - Iron ore miner BHP and Tata Steel will work together on developing low-CO2 iron- and steelmaking technologies, the companies have announced.

Salzgitter Partners on Developing Low-CO2 Strip

18 July 2022 - Salzgitter AG and cold-rolled producer Waelzholz Group will work together on developing and supplying low-CO2 strip under a new collaboration agreement, the companies have announced.

Nippon Steel Signs Collaboration Agreement

18 July 2022 - Coal and iron ore miner Anglo American has agreed to work with Nippon Steel Corp. on making less CO2-intensive steel, the companies have said.

Danieli Service Upgrades Continuous Pickling Line for ArcelorMittal

15 July 2022 - Danieli’s service segment commissioned a new entry section for the continuous pickling line at ArcelorMittal’s Mardyck, France, facility, Danieli said in a press release yesterday.

EVRAZ North America Completes Testing on Hydrogen Transporting Steel

14 July 2022 - SMA Member Company EVRAZ North America announced this week it has successfully completed fracture toughness testing in a 100% gaseous hydrogen environment on its API 5L X65 Sour Service line pipe.

Salzgitter Board Approves Funding for Green Steel Project

14 July 2022 - The company announced yesterday its board approved EUR723 million in funding to implement the first stage of its Salzgitter Low CO2 Steelmaking (SALCOS®) facility.

Fives Supplies Electric Steel Cold Rolling Mills to Baowu

13 July 2022 - China's Baowu Group contracted global industrial engineering group Fives for the design and supply of two reversible cold rolling mills with automatic roll change for production of electric steel at Baoshan and Wuhan production sites.

Outokumpu Divests Majority of Long Products Segment to Marcegaglia

13 July 2022 - Finnish steelmaker Outokumpu has signed an agreement to divest the majority of its Long Products business to Italy’s Marcegaglia Steel Group.

AM/NS India to Invest in Zero Liquid Discharge System

13 July 2022 - The ArcelorMittal and Nippon Steel joint venture has announced a Rs 273 crore investment in a zero liquid discharge system and other environmental initiatives at its Hazira facility in India.

Danieli Tapped to Help LIBERTY Ostrava Transition Toward Carbon Neutrality

12 July 2022 - The equipment supplier announced today that it has been contracted to supply two Danieli Digimelters for LIBERTY Ostrava in the Czech Republic.

thyssenkrupp Partners With bp on Decarbonization

12 July 2022 - bp and thyssenkrupp Steel announced yesterday they have signed a memorandum of understanding (MoU) for the long-term supply of hydrogen and renewable power in steel production.