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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

Latest News

POSCO, Hyundai Motor, Others Form Consortium to Develop Electrical Steel for EVs

16 June 2026 - POSCO announced it has formed a consortium of 10 companies including Hyundai Motor to develop electrical steel sheets which maximize the energy efficiency of electric vehicles (EVs).

U. S. Steel Selects Midrex to Supply Big River Steel Works DRI Facility

15 June 2026 - Midrex Technologies Inc. announced it has been selected by United States Steel Corporation to supply a hot direct reduced iron and hot briquetted iron (HDRI/HBI) MIDREX® plant for its new direct reduced iron (DRI) facility at Big River Steel Works in Osceola, Ark., USA.

Danieli-Supplied Casting Technology Exceeds Benchmarks at Jindal Steel

12 June 2026 - Danieli announced the two twin slab casters it supplied to Jindal Steel’s Steel Meltshop #2 in Angul, India, have exceeded their performance benchmarks.

ArcelorMittal Building Solutions to Establish North American HQ, New Facility in Georgia

10 June 2026 - ArcelorMittal Building Solutions has decided to establish its North American headquarters (HQ) and a new manufacturing facility in Macon-Bibb County, Ga., USA, Governor Brian Kemp announced.

SSAB Turns to SMS group for Gas Atomization Plant

10 June 2026 - SMS group announced it has been selected by SSAB to provide a new gas atomization plant at its site in Oxelösund, Sweden.

Salzgitter AG, EWE Agree to Long-Term Supply of Green Hydrogen

09 June 2026 - Salzgitter AG announced it has entered a long-term agreement with energy service provider EWE for the supply of 10,000 metric tons of green hydrogen annually for the SALCOS® program.

U. S. Steel – Mon Valley Works Releases Economic Impact Report

08 June 2026 - United States Steel Corporation released an economic impact analysis estimating that its US$2.5 billion investment, up from its initial US$1 billion commitment, in Mon Valley Works will see about US$1.7 billion in economic impact and create about 6,381 jobs over the next three years.

Worthington Steel Acquires Kloeckner & Co., Intends to Launch Delisting Tender Offer

04 June 2026 - Worthington Steel Inc. announced it has successfully acquired Kloeckner & Co SE, securing about 62% of its outstanding shares and intending to launch a public delisting offer for the remaining shares.

SSAB to Expand Steel Powder Facility for Production at Commercial Scale

03 June 2026 - SSAB announced it will expand its steel powder facility for additive manufacturing in Oxelösund, Sweden, to enable production at a commercial scale.

Shougang Cold Rolling Selects Primetals Technologies to Upgrade PLTCM

03 June 2026 - Primetals Technologies announced it will modernize the automation systems at Shougang Group subsidiary, Shougang Cold Rolling Co. Ltd.’s pickling line tandem cold mill (PLTCM) in Shunyi, China.

Salzgitter Subsidiary Unveils New Training and Communication Center

29 May 2026 - Salzgitter AG announced its subsidiary Ilsenburger Grobblech GmbH has unveiled its new training and communication center available to industrial mechanics and other apprenticeships.

Tenaris’ Sault Ste. Marie Industrial Centre to Undergo CA$300 Million of Upgrades

28 May 2026 - Tenaris announced it will invest over CA$300 million to install new state-of-the-art equipment at its Sault Ste. Marie Industrial Centre in Canada.

Steel Dynamics Taps SMS group for Process Automation Modernization

28 May 2026 - SMS group announced it has been selected by Steel Dynamics Inc. (SDI) to modernize the process automation system at its hot strip mill in Buter, Ind., USA.

Hòa Phát Group Proposes Development of Thạch Khê Iron Ore Mine

27 May 2026 - Hòa Phát Group submitted a proposal to the Vietnam government to either independently or jointly commercially utilize the Thạch Khê iron ore mine, reported Vietnam News.

Two Bidders Remain for Whyalla Steelworks

27 May 2026 - Only M Resources and Jindal Steel remain in the running for the purchase of Whyalla Steelworks, though BlueScope still has the right of last offer, announced South Australian Premier Peter Malinauskas, according to ABC.

Tata Steel Nederland Considers Fast-Track Closure of Its Coke and Gas Plants

27 May 2026 - Tata Steel Nederland said it is considering closing its coke and gas plants (KGF 1 and 2) at its IJmuiden steel plant earlier than previously planned.

JSW Steel Kicks Off Greenfield Integrated Steel Plant

27 May 2026 - JSW Steel has held a commencement ceremony for its planned greenfield integrated steel plant at Paradeep, Odisha.

SAIL’s Rourkela Steel Plant Achieves Second Year of Record Performances With Danieli Plate Mill

27 May 2026 - Danieli announced the plate mill it supplied to SAIL’s Rourkela Steel Plant in India has surpassed its estimated annual production capacity for the second year in a row.

SMS group Completes Upgrade of CELSA Barcelona’s Medium Section Mill

26 May 2026 - SMS group announced it has completed the upgrade of CELSA Barcelona’s medium section mill at its Castellbisbal site in Spain.

BlueScope Announces Board Changes

22 May 2026 - BlueScope chair Jane McAloon announced various changes to its board including a new nonexecutive director, retirement of a nonexecutive director and updates to the board’s committee structure.