Steel News

LIBERTY Steel Looks to Acquire thyssenkrupp

19 October 2020 - LIBERTY Steel Group has put a non-binding offer on the table for thyssenkrupp’s steelmaking unit, saying that the combined companies would be in a better position to face Europe’s steel market challenges.

ArcelorMittal Europe Launches Sales of Green Steel

15 October 2020 - ArcelorMittal Europe said it will have produced 30,000 metric tons of commercially viable green steel this year, a first step on its way to becoming a carbon neutral producer.

The New Bronco: Built Ford Tough. With ArcelorMittal Steel.

14 October 2020 - When ArcelorMittal announced last month that it would divest most of its U.S. assets, it promised it would remain no less a player in the automotive steel market. A new announcement from the company seems to bear that out.

A New Era Begins for Rebuilt Stelco Blast Furnace

14 October 2020 - Canada’s Stelco has completed the reline of its Ontario blast furnace and has begun producing hot metal, the company has announced.

In Poland, ArcelorMittal Mothballs Two BFs. In Italy, It May Have a New Partner for Steel Works.

09 October 2020 - ArcelorMittal Poland will permanently close the hot end of its Krakow works, saying that there’s not enough demand, or market protection from unfairly traded imports, to support it, reports Kallanish Commodities.

POSCO Partners With ExxonMobil to Develop LNG Carriers

08 October 2020 - South Korean steelmaker POSCO has joined forces with oil and gas giant ExxonMobil to explore the use of high-manganese steel grades in the liquefied natural gas (LNG) industry, reports the Korea Herald newspaper.

Three Steel Companies Receive Ohio EPA Recognition

08 October 2020 - The three Ohio steel-producing facilities are among 19 organizations recognized for environmental stewardship by the Ohio Environmental Protection Agency.

Lights On: Financing for Steel Mill Solar Farm Completed

06 October 2020 - Solar power developer Lightsource bp has secured US$285 million in financing for a solar farm that will supply electricity to EVRAZ Rocky Mountain Steel, the company has announced.

ArcelorMittal Pledges to Achieve Carbon Neutrality

02 October 2020 - ArcelorMittal has announced a significant environmental goal: it intends to achieve carbon neutrality by 2050.

Italian Steelmaker Ramps Up Record-Breaking Tenova EAF

02 October 2020 - Italy’s Acciaieria Arvedi has started up a new a Tenova Consteel electric arc furnace (EAF) and has begun ramping up the unit, reports the furnace’s builder, Tenova.

ArcelorMittal Returns Two Blast Furnaces to Service

02 October 2020 - ArcelorMittal has restarted a blast furnace in Germany and another in France as it shifts production to account for the temporary shutdown of a Belgian furnace, reports commodities news and pricing service S&P Global Platts.

A. Longo to Outfit Nucor Furnace with Taphole Sanding Equipment

01 October 2020 - Mill solutions provider Aldo Longo Consulting Inc. has received an order from Nucor Steel Gallatin for two taphole sanding devices, the company has announced.

U. S. Steel’s Matthews to Step Down Early Next Year

01 October 2020 - United States Steel Corporation veteran Douglas R. Matthews will retire in January, concluding a 33-year career with the company, U. S. Steel has announced.

American Steel Companies Optimistic About Industry's Future

01 October 2020 - The U.S. steel industry will emerge from the pandemic-driven economic downturn leaner, stronger and all the more technologically capable, several industry leaders said during AIST’s Virtual Town Hall Forum Wednesday morning.

Cleveland-Cliffs to Acquire ArcelorMittal USA

28 September 2020 - ArcelorMittal has agreed to sell nearly all of its U.S. operations to Cleveland-Cliffs Inc. for US$1.4 billion in cash and stock, the steelmakers announced Monday morning.

ArcelorMittal to Return Brazilian BF to Service

24 September 2020 - Anticipating an economic recovery, ArcelorMittal Brazil plans to restart a blast furnace at its Tubarão facility next month, reports commodities news and pricing service S&P Global Platts.

Austrian Producer Starts Up New Caster

23 September 2020 - voestalpine has started up a new fully automated bloom caster at its Donawitz plant in Austria, allowing it to make high-end steel grades for specialty applications.

Rising Demand Prompts JFE Blast Furnace Restart

23 September 2020 - Citing recovering demand, Japan’s JFE Steel has restarted the No. 4 blast furnace at its Fukuyama steel works, reports commodities news and pricing service Argus.

The Systems Group Begins Shipping Nucor Furnace Components

23 September 2020 - The Systems Group’s Systems Spray-Cooled division has delivered the first pieces of a new electric arc furnace (EAF) being built at Nucor Corp.’s Gallatin mill in Kentucky, the company reports.

Deacero Partners With SKF on Service Solutions

23 September 2020 - Mexico’s Deacero will bring SKF bearings and services to its rolling mill in Celaya, SKF has announced.