Steel News

Tata Steel to Build Mini Steel Recycling Plants

09 February 2022 - According to top company officials, Tata Steel is gearing up to build small-sized factories to make reinforced steel from scrapped automobiles and other products.

Danieli Wins Contract for Long Products Mill From Yukun I&S

09 February 2022 - The equipment supplier’s scope of supply will include four new casters and seven new rolling mills for bar and wire rod for a project in Eshan county, China.

Tenaris to Revive Heat Treating Line at Koppel Steel Works

08 February 2022 - The heat treatment line at Tenaris’ Koppel, Pa., USA, tube mill will return to operation in April after more than two years of inactivity, the steelmaker has announced.

U. S. Steel Joins Effort to Develop Low-Carbon Industrial Hub in Northern Appalachia

07 February 2022 - United States Steel Corporation has teamed up with six major industrial players in an effort to establish a new hub for decarbonization technology in Ohio, Pennsylvania and West Virginia.

ArcelorMittal to Transform French Operations With €1.7 Billion Investment

07 February 2022 - In an official ceremony last week, ArcelorMittal revealed that it has won the backing of the French government for a €1.7 billion plan to decarbonize its Fos-sur-Mer and Dunkirk operations.

To Win Gold, Winter Olympians Turn to Steel

04 February 2022 - At this year’s Winter Olympics in Beijing, China, many elite athletes will rely on the strength and durability of voestalpine advanced steel grades as they push the limits of their disciplines.

SDI Among Fortune’s Most Admired Companies

03 February 2022 - Fortune Magazine has ranked the Indiana-based steel producer among the top in the industry in its annual Most Admired Companies list.

Nucor, Vale Complete Purchase of California Steel Industries Shares

03 February 2022 - In separate statements this week, Nucor and Vale announced that the former’s purchase of the latter’s 50% equity interest in California Steel Industries (CSI) has completed.

Tenova to Provide NextGen® System for Celsa France

03 February 2022 - The French steelmaker has placed an order for Tenova Goodfellow’s iEAF® technology platform using the NextGen® system, Tenova announced yesterday in a press release.

Fortune Magazine Ranks Nucor Top of Its Industry

02 February 2022 - The magazine’s list of World's Most Admired Companies is compiled annually through a survey of nearly 4,000 executives, directors and securities analysts.

Salzgitter Unveils “Salzgitter AG 2030” Strategy

02 February 2022 - The German steel producer today presented its strategy to establish itself as a leader for circular economy solutions through closed-loop value flows and supply chains.

Severstal Invests in New Low-Carbon Hydrogen Technology

02 February 2022 - Severstal has announced that it has invested in Ekona Power Inc., a developer of low-carbon hydrogen production technology.

Gerdau To Cut 10% of Its Carbon Emissions by 2031, Go Carbon Neutral in 2050

02 February 2022 - Gerdau plans to reduce its Scope 1 and 2 emissions rate to less than 50% of the global industry average by 2031 and reach carbon neutrality by 2050, according to an official press release.

Nucor to Modernize Crawfordsville Mill With CGL, Pre-Paint Line

01 February 2022 - The steelmaker announced today that will add a construction-grade continuous galvanizing line and pre-paint line as part of a US$290 million investment in its Crawfordsville, Ind., USA, steel sheet mill.

Steel Dynamics Purchases Minority Interest in New Process Steel

01 February 2022 - Steel Dynamics Inc. (SDI) has acquired a 45% minority stake in metals processor and distributor New Process Steel, the steelmaker reported yesterday.

Tenaris, Saipem and SIAD Sign MoU for CO2 Capture Project

01 February 2022 - A Memorandum of Understanding (MoU) has been signed by Tenaris, Saipem and SIAD to start the design process of a carbon dioxide capture and utilization (CCU) plant.

Gerdau Cosigua Completes Factory Acceptance Tests

01 February 2022 - In a press release, AIC announced that factory acceptance tests were completed at the end of 2021 for the modernization of finishing block technology on Gerdau Cosigua’s Rod Mill #2 in Rio de Janeiro, Brazil.

Metinvest Launched More Than 50 New Products Last Year

01 February 2022 - The company’s metallurgical segment started production on 54 new types of products in 2021, Metinvest announced last week.

SSAB Plans SEK 45 Billion Investment to Accelerate Green Transformation

31 January 2022 - Last week SSAB laid out an aggressive new decarbonization strategy that, if implemented, would allow the steelmaker to eliminate most of its carbon emissions by 2030.

U. S. Steel Reports Q4 and 2021 Annual Earnings

28 January 2022 - United States Steel Corporation president and chief executive David B. Burritt said the organization is a “fundamentally different company from a year ago” as it reports record earnings in 2021.