Steel News

Cleveland-Cliffs Inks 3-Year Labor Contract at Dearborn Works

09 August 2021 - The United Auto Workers (UAW) Local 600 has ratified a new labor contract with Cleveland-Cliffs Inc., the steelmaker announced Thursday.

SHS Group Acquires LIBERTY Steel’s French Operations

09 August 2021 - The parent company of Saarstahl and Dillinger have officially added two of LIBERTY Steel’s mills in France to its holdings, the company has announced.

Gerdau Boasts Best Quarterly Earnings Ever, Announces Brazilian Solar JV

04 August 2021 - Gerdau posted its highest-ever earnings in the second quarter of 2021, the company has announced.

thyssenkrupp Divests Mining Business

03 August 2021 - thyssenkrupp has sold off its mining arm in line with its ongoing restructuring efforts, the company announced last Friday.

SDI Has Heart Set on US$231 Million Expansion to Indiana Facility

03 August 2021 - Steel Dynamics Inc. (SDI) is seeking to pump US$231 million into improvements to its Heartland operations in Terre Haute, Ind., USA, reports the Tribune-Star newspaper.

U. S. Steel Reports a Stronger Q2 Than Last Year

03 August 2021 - United States Steel Corporation reported adjusted net earnings of US$964 million for the second quarter.

AM Dofasco Plans Process Route Shift

30 July 2021 - ArcelorMittal and the Canadian government have announced a CA$1.765 billion process route transition at the steelmaker’s Dofasco plant.

Cleveland-Cliffs Completes Major Share Buyback; Announces Indiana Harbor BF Maintenance Outage

29 July 2021 - Cleveland-Cliffs Inc. has spent US$1.2 billion to buy back all of the shares in a special class of stock held by ArcelorMittal.

ArcelorMittal Reveals New Carbon Reduction Targets

29 July 2021 - ArcelorMittal plans to invest US$10 billion to accelerate plans for driving down carbon dioxide emissions.

Danieli Sets to Work on U.S.-Bound Rail Rolling Line

28 July 2021 - Mill equipment maker Danieli said it has begun building the machinery for EVRAZ North America’s new long-rail mill in Colorado.

Nucor's Q2 Earnings Were Its Best Ever

27 July 2021 - Nucor Corp. reported a record second quarter amid robust demand and higher average selling prices.

Salzgitter to Begin Shipping EAF-Made Steel to Auto Customer

23 July 2021 - Salzgitter will begin delivering EAF-produced strip steels to four Mercedes-Benz AG plants in Germany at the end of this year, the steelmaker has announced.

Bad Weather Delays SDI Mill Construction

21 July 2021 - Heavy rains and flooding in southeastern Texas have forced Steel Dynamics Inc. (SDI) to delay the planned start of steelmaking at its new flat-rolled mill.

EVRAZ Marks Start of Work on Colorado Mill

20 July 2021 - EVRAZ North America has broken ground on its new long rail mill in Pueblo, Colo., marking the start of construction on its US$480 million investment.

ArcelorMittal Mills First to Receive ResponsibleSteel Certification

20 July 2021 - ArcelorMittal’s mills in Belgium, Germany and Luxembourg have received a corporate environmental, social, and governance certification through the new ResponsibleSteel™ initiative, the steelmaker said Tuesday.

Nucor to Acquire Steel Racking Manufacturer in US$370M Deal

20 July 2021 - Nucor Corp. is expanding its portfolio of downstream businesses, announcing Tuesday that it will acquire racking manufacturer U.S.-based Hannibal Industries for US$370 million.

SDI Posts Another Record Quarter: 'We Can't Make Enough Steel'

20 July 2021 - Steel Dynamics Inc. posted a record second quarter on Monday and said it potentially could do even better in the three months ahead.

China Baowu Steel Could Grow Even Larger

19 July 2021 - The world’s largest steel producer could reinforce its position through a potential acquisition of another Chinese producer, reports Nikkei Asia.

Indian Mills Select Danieli Service for Caster Updates

19 July 2021 - Two Indian steel producers have contracted Danieli Service to upgrade and provide spare parts for their slab casters.

Gerdau Seeks Startups to Join Sales Accelerator Program

19 July 2021 - Long products maker Gerdau has put out a call for U.S. applications to its sales accelerator program, which aims to encourage new relationships between the steel producer and new, innovative companies.