Steel News

SMS group Tapped to Supply Haynes With Hydraulic Radial Forging Line

06 January 2026 - Indiana-based subsidiary of the Acerinox Group and part of North American Stainless, Haynes International Inc., has tapped SMS group to deliver a hydraulic radial forging line.

Russel Metals Closes US$102 Million Acquisition of U.S. Service Centers

06 January 2026 - Russel Metals announced it has acquired seven service centers in the U.S. from Kloeckner Metals Corp. for US$102 million.

BlueScope Confirms Receipt of Bid to Acquire All Shares

05 January 2026 - BlueScope has confirmed it received an unsolicited bid from an Australian and U.S. consortium to purchase all shares in BlueScope for US$30.00 cash per share.

POSCO to Invest US$582 Million in Hyundai Steel’s Louisiana Steel Mill

17 December 2025 - POSCO will invest US$582 million for a 20% stake in Hyundai Steel’s new electric arc furnace plant in Louisiana, according to GMK Center.

SSAB Americas Appoints New Leadership

16 December 2025 - SSAB Americas announced Tom Cox will succeed Chuck Schmitt as its head and become a member of the SSAB Group executive committee, effective 1 February 2026.

Danieli Universal Rail Mill Inaugurated at Rocky Mountain Steel Mills

15 December 2025 - Rocky Mountain Steel Mills, owned by Orion Steel, has inaugurated its new Danieli universal rail mill in Pueblo, Colo., USA.

Polytec Technology Training Center Unveiled

12 December 2025 - Polytec North America, part of Italian-owned BM Group, has launched the Polytec Technology Training Center, a hub dedicated to technical training, innovation and collaboration across North America at its headquarters in Houston, Texas, USA.

Report: Mexico’s Senate Approves Tariff Hikes on China, Other Asian Countries

11 December 2025 - Mexico’s Senate on Wednesday approved tariff hikes of up to 50% in 2026 on imports from China and multiple other Asian countries, Reuters reported.

Zekelman Industries Rolls Out New Procurement Leadership

11 December 2025 - Zekelman Industries announced it has promoted Brian Churlik to vice president of procurement, succeeding Mike Mechley.

Worthington Steel in Talks to Acquire Klöckner & Co.

08 December 2025 - Worthington Steel Inc. confirmed it is in negotiations with German steel distributor Klöckner & Co. SE for a potential acquisition of the company.

Citing Demand, U. S. Steel to Reactivate Illinois Blast Furnace

04 December 2025 - United States Steel Corporation is preparing to restart an idled blast furnace at its Granite City Works in Illinois, the steelmaker announced Thursday.

Nippon to Make Decision on U.S. Greenfield Mill in 2027

03 December 2025 - Nippon Steel plans to narrow the list of possible locations for a proposed greenfield mill to two or three states by the end of the summer of 2026, reports the Bloomberg news service.

Citing Tariffs, Ontario Steel Producer to Reduce Workforce

03 December 2025 - A Canadian steelmaker is laying off roughly one-third of its workforce as it grapples with U.S. steel tariffs and accelerates its transition to electric arc furnace steelmaking.

Steel Distributor Lays Bet on Steel-Framed Houses

03 December 2025 - Flat-rolled steel processor and distributor Majestic Steel USA has made a strategic investment in a recently reorganized manufacturer of steel-framed modular homes.

Trump Appoints Two Commerce Officials to Oversee U. S. Steel Golden Share Agreement

24 November 2025 - U.S. President Donald Trump has appointed two Department of Commerce officials to monitor United States Steel Corporation’s compliance with the golden share agreement the U.S. government made with Nippon Steel, according to a letter filed in the U.S. Federal Register.

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