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Companies
Latest News
Cleveland-Cliffs, U.S. Energy Department Continue to Negotiate Funding Award
16 September 2024 - Cleveland-Cliffs Inc. remains committed to the installation of a direct reduction plant at its Middletown works and is continuing to negotiate terms of a US$500 million funding award from the U.S. Department of Energy, the company said Monday.
SSAB Partners With PSI Group on Software Implementation
16 September 2024 - SSAB has selected PSI Group to develop a template software system that will drive its business processes, PSI Group has announced.
H2 Green Steel Is Now Stegra
12 September 2024 - Swedish startup H2 Green Steel is changing its name to Stegra, a move intended to future proof the company’s image and reflect its ambitions.
Steel Groups to Senate: Pass Leveling the Playing Field Act
11 September 2024 - The Steel Manufacturers Association, the American Iron and Steel Institute, the United Steelworkers union and other manufacturing groups are urging the U.S. Senate to pass a bill that would give the government additional tools to stop unfair trade practices by China.
U. S. Steel Brings New Corrosion-Resistant Product to Market
11 September 2024 - United States Steel Corporation has launched sales of corrosion-resistant, carbon flat-rolled steel that it calls ZMAG.
Hybar Adds Equity Investor
11 September 2024 - Infrastructure services provider Quanta Services has made a strategic equity investment in startup rebar manufacturer Hybar LLC.
U.K. Funding Allows Tata Steel EAF Project to Move Forward
11 September 2024 - Tata Steel has signed a GBP500 million funding agreement with the U.K. government, allowing it to move forward with a process conversion at its historic Port Talbot Works in Wales.
U.S. Flat-Rolled Producers Lodge Dumping Complaint Over Corrosion-Resistant Sheet
09 September 2024 - Several U.S. steel producers and the United Steelworkers union have filed dumping complaints with the Commerce Department over imports of corrosion-resistant steel from several countries.
SEC Fines Esmark, Bouchard Over U. S. Steel Offer
06 September 2024 - Esmark Inc. and its chairman will pay US$600,000 to settle Securities and Exchange Commission (SEC) charges that they made an offer to buy United States Steel Corporation despite having the financial wherewithal to complete such a deal.
Danieli: Turkish Spooling Line Sets New Speed Record
05 September 2024 - A Danieli-built bar spooling is breaking speed records, achieving rates of 40 m/second for 8 and 10 mm diameters, Danieli reports.
Midrex, Vale to Further Develop Use of Iron Ore Briquettes in DRI Furnaces
05 September 2024 - Midrex Technologies Inc. has signed a technical cooperation agreement with iron ore miner Vale, allowing the two companies to further collaborate on a technical solution for the use of iron ore briquettes in direct reduction plants.
New CEO Takes the Helm of Vollmer
05 September 2024 - Strip measurement specialist Friedrich Vollmer Feinmessgeräte GmbH has named Thorsten Wünsch as chief executive officer, the company has announced.
Harris Joins Biden in Opposing U. S. Steel Sale
03 September 2024 - U.S. Vice President Kamala Harris said she disapproves of Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, arguing that the company should remain domestically owned.
thyssenkrupp Steel Europe CEO Leaves Company Amid Dispute
29 August 2024 - Several thyssenkrupp Steel executives, including its chief executive officer, are parting ways with the company as a result of a dispute over the division's future, the Bloomberg news service reports.
Nippon Steel Promises Additional Investment in Mon Valley, Gary Works
29 August 2024 - Nippon Steel Corp. plans to invest an additional US$1.3 billion, if not more, in United States Steel Corporation’s Mon Valley and Gary works, should it finalize its acquisition of the iconic American steelmaker.
ABB Selected for SSAB Rolling Mill Upgrade
28 August 2024 - ABB has won three related contracts tied to SSAB’s planned improvements of its Borlänge hot rolling mill in Sweden.
SSAB Completes Pilot Phase of HYBRIT Initiative
27 August 2024 - SSAB and partners are moving their HYBRIT fossil-fuel-free iron and steel initiative to the next stage of development, wrapping up an initial six-year effort that successfully demonstrated the feasibility of their process.
German Producer Issues FAC on New Scrap Cutting System
27 August 2024 - German special steel producer Lech-Stahlwerke (LSW) has signed the final acceptance certificate for a an innovative scrap torch-cutting machine at its plant in Meitingen, according to the machine's builder, Primetals Technologies.
Danieli, Nalco Water Partner on Water Treatment R&D
22 August 2024 - Danieli has signed a strategic cooperation agreement with U.S.-based Nalco Water to utilize shared research and development capabilities to improve industrial water treatment for the metals industry.
Cleveland Cliffs Names New SVP
22 August 2024 - Cleveland-Cliffs Inc. has promoted vice president Michael Hrosik to the C-suite, naming him the senior vice president of its commercial operations.
