Steel News

SDI Forecasts Improved Q3 Earnings

23 September 2020 - Steel Dynamics Inc.’s expects to see its third-quarter profits rise on improving market conditions, the company reports.

Drones Propel MMK Scrap Cost Savings

23 September 2020 - Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has put eyes in the sky to help speed up the process of accepting scrap deliveries.

Non-Residential Construction Likely to Lift Nucor Q3 Profits

17 September 2020 - Nucor Corp. expects its third-quarter profits to notch up on continued resiliency in the non-residential construction market, the steelmaker said in its quarterly earnings forecast on Thursday.

Outokumpu Orders Metal Powder Plant

16 September 2020 - Stainless producer Outokumpu has contracted SMS group to build a metal atomization plant that will produce stainless powders for additive manufacturers.

LIBERTY Steel to Pilot New Sensor Network

16 September 2020 - LIBERTY Steel Group and another company under the GFG Alliance umbrella will test a pilot sensor system meant to reduce workplace accidents and improve efficiency.

Stelco: Blast Furnace Reline Remains On Schedule

15 September 2020 - Stelco Inc.’s reline of its Ontario blast furnace continues apace and remains on budget and on schedule, the Canadian steelmaker reports.

Salzgitter to Decide on DRI Plant Next Year

15 September 2020 - Salzgitter expects to report whether construction of direct reduction of iron ore (DRI) plant and upstream hydrogen electrolyzer is feasible by next spring, the company said Tuesday.

New Ladle Turret Ups ABS Caster Volume

15 September 2020 - Danieli Service has wrapped up installation of a new ladle turret at its steel plant in Italy, the company has said.

TenarisTamsa Reports Nearly 60% Emissions Reduction Thanks to Improved Dust Collection System

08 September 2020 - Tenaris’ US$27 million investment in its Tamsa pipe mill in Veracruz, Mexico, has upped the mill’s emissions capture rate by almost 60%, the company reports.

Metalloinvest Automates Production Planning

08 September 2020 - The Russian manufacturer and supplier of iron ore products and hot briquetted iron is introducing a production scheduling system that is expected to save the company 90 million rubles per year, according to news site Metallurgprom.

Nucor Nears Start-Up of Florida Rebar Mill

04 September 2020 - Nucor is closing in on a fourth-quarter start of its Florida micro-mill and has begun training those who will work on the shop floor, reports the The (Lakeland, Fla.) Ledger newspaper.

Plastics Recycling Plant Could Soon Feed Canadian Blast Furnace

03 September 2020 - A start-up plastics recycler has announced plans to build a sorting facility in northern Pennsylvania that potentially could sell polymers to a Canadian steel producer.

Morgan Automation Tapped for Water Treatment System Project

03 September 2020 - Steel Dynamics Inc. has contracted Morgan Automation Systems Inc. to automate the water treatment system at its new Sinton, Texas, USA, flat-rolled mill.

SSAB Celebrates Start of H2-Based Sponge Iron Plant

02 September 2020 - SSAB and partners LKAB and Vattenfall on Monday started up a pilot-scale sponge iron plant that will use hydrogen from a renewably powered electrolyzer.

OMK Plans DRI Plant, Meltshop

02 September 2020 - Russian steelmaker OMK is investing the equivalent of US$2 billion in a new direct reduction plant and associated electric arc furnace-based meltshop, reports commodities news and pricing service S&P Global Platts.

Nippon Steel Looks Overseas for Growth

02 September 2020 - Nippon Steel Corp. is seeking merger and acquisition opportunities, just not at home in Japan, reports the Reuters news service.

Plant Locomotives Rolling To SDI Plant

02 September 2020 - Locomotive rebuilder Motive Power Resources Inc. has shipped the first of four units to Steel Dynamics Inc.’s new Sinton, Texas, USA, facility, reports Railway Age magazine.

Danieli Remotely Completes Factory Acceptance Test for New Nucor System

27 August 2020 - Danieli completed remote factory testing on an automation system being installed at Nucor Corp.’s Gallatin sheet mill, the company has announced.

Shifting Lifestyles Should Drive New Demand for Cars, Says AK Steel CEO

27 August 2020 - Automakers are likely to see new consumer demand for vehicles as the coronavirus pandemic has caused permanent lifestyle shifts in the U.S., according to Cleveland-Cliffs Inc. chairman and chief executive Lourenco Goncalves.

Big River Targets November Start-Up of New EAF, Caster

27 August 2020 - The expansion of Big River Steel’s Arkansas plant is under budget and two months ahead of schedule, chief executive David Stickler said during an industry event this week.