Steel News

Commissioning of Vietnamese Steel Shops Complete

29 October 2020 - Vietnam’s Hoa Phat Group has successfully commissioned two new steel shops that are part of its Dung Quat Economic Zone expansion.

Nucor Adds a Splash of Color to Its Product Portfolio

29 October 2020 - Nucor Corp. is further expanding the capabilities of its Arkansas sheet mill, announcing Wednesday that it will acquire a neighboring paint line.

U. S. Steel EAF Strikes Its First Arc

26 October 2020 - United States Steel Corporation has started up the electric arc furnace at its Fairfield, Ala., facility, a new milestone in its unfolding “Best of Both” strategy.

Nucor Breaks Ground on Kentucky Plate Mill

23 October 2020 - Nucor Corp. has broken ground on its US$1.7 billion plate mill in Kentucky, state officials have said.

EU Steel Industry Faces Major Changes

22 October 2020 - The potential sale of thyssenkrupp’s steel unit is a reflection of the challenges faced by EU steelmakers, and of the industrywide changes that are afoot, reports Deutsche Welle.

SDI Sees Q3 Profit on Recovering Auto Sector

20 October 2020 - A strong demand recovery led Steel Dynamics Inc. to a profitable third quarter, the Indiana-based steelmaker said on Monday.

Nippon Steel Exec Sees EAFs in Its Future

20 October 2020 - Against the backdrop of increasing competition, Nippon Steel Corp. is evaluating the expanded use of electric-arc-furnace-based production, reports the Bloomberg news service.

Need Steel for a Sustainable Application? Swiss Steel Group Might Have One for You.

20 October 2020 - The Swiss Steel Group’s Deutsche Edelstahlwerke special steel plant is creating a branded portfolio of steels that it says are especially well suited for use in sustainable technologies.

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.