Steel News

Worthington Steel to Purchase Kloeckner & Co. for US$2.4 Billion

16 January 2026 - Worthington Steel announced it has entered into a business combination agreement to purchase German service center and processing company Kloeckner & Co. for US$2.4 billion.

Tenaris Restarts Heat Treatment, Finishing Operations

15 January 2026 - Tenaris announced today that the OCTG heat treatment and finishing operations at its Koppel, Pa., USA, plant are being restarted.

Algoma Steel Shuts Down Cokemaking, Looks to Green Steel Future

15 January 2026 - As Algoma Steel nears completion of its switch to electric arc furnace steelmaking, the Canadian producer has shut down its coke plant, reported SooToday.

First Coils Produced at Tata Steel’s CSP Plant Following Upgrades by SMS group

15 January 2026 - SMS group announced that its upgrade project for Tata Steel Ltd.’s Jamshedpur CSP® (Tata Steel TSCR) plant in Jharkhand, India, has been completed and the first coils have been rolled.

Stegra to Deliver Non-Prime Steel to thyssenkrupp Materials Processing

12 January 2026 - Stegra announced it has signed a multiyear agreement with thyssenkrupp Materials Processing Europe to deliver non-prime steel from its site in Boden, Sweden.

Iberdrola Supplies Solar Energy to Salzgitter for Green Steel Production

09 January 2026 - Iberdrola Germany announced its newly completed solar plant in Saxony-Anhalt, Germany, will supply energy to Salzgitter AG to support its transition to green steel production.

U. S. Steel Board Approves Funding for US$350 Million Gary Works Project, Advances Other Projects

08 January 2026 - United States Steel Corporation's board of directors has approved funding for a US$350 million blast furnace reline at its Gary Works.

U. S. Steel Property Holdings Acquires US$275 Million UPI Plant Property

08 January 2026 - United States Steel Property Holdings has acquired the former USS-POSCO Industries (UPI) site in Pittsburg, Ca., USA, for US$275 million, reported the East Bay Times.

Primetals Technologies to Upgrade Pickling and Tandem Cold Mill Automation for voestalpine

08 January 2026 - Primetals Technologies announced it will upgrade the software of voestalpine stahl’s BETA 2 pickling line and tandem cold mill in Linz, Austria.

BlueScope Rejects Takeover Bid From SGH, Steel Dynamics

07 January 2026 - Australia's BlueScope Steel Ltd. has rejected a takeover bid from a consortium that includes SGH Ltd. and Steel Dynamics Inc.

Danieli Selected to Supply Rolling Mill Upgrade for Pittini

07 January 2026 - Danieli announced that Pittini Group has selected it to modernize the rolling mill at the SiderPotenza plant in Potenza, Italy.

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.

EDF to Deliver Nuclear Power to ArcelorMittal in France

06 January 2026 - ArcelorMittal announced it has signed a nuclear power production allocation contract (CAPN) with EDF to supply its sites in France for a period of 18 years.

ArcelorMittal Announces Three Green Energy Projects in India

05 January 2026 - ArcelorMittal announced three new renewable energy projects in India, expected to cost about US$900 million in total, which will provide 1 GW of solar and wind energy capacity upon completion.

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.

Danieli to Deliver Rolling Mill, 4-Strand Caster to Hoa Phat

05 January 2026 - Danieli announced Hoa Phat Group has selected it to supply a new long product rolling mill and a 4-strand continuous casting machine for its facility in Tay Ninh Province, Vietnam.

SAIL Turns to Danieli For IISCO Plant Expansion

19 December 2025 - Danieli announced it will supply key technologies for the Steel Authority of India Ltd.’s (SAIL)’s IISCO Steel Plant expansion in Burnpur, West Bengal.

Danieli to Upgrade voestalpine Wire Rod Austria’s Mill

19 December 2025 - Danieli announced it has been chosen to upgrade voestalpine Wire Rod Austria’s mill in Donawitz, Austria.

POSCO Continues Divestment From Nippon Steel

18 December 2025 - POSCO Holdings is moving to sell all its remaining shares in Nippon Steel, building on a partial divestment earlier this year, according to Business Korea.

Metinvest Acquires ArcelorMittal Tubular Products Iași

17 December 2025 - Romanian pipe plant ArcelorMittal Tubular Products Iași has been purchased by Metinvest, the company announced.