Steel News

Ascent Industries to Sell American Stainless Tubing

27 June 2025 - Specialty chemicals producer and distributor Ascent Industries Co. announced it has entered into an asset purchase agreement to sell its ornamental stainless steel tubing manufacturer subsidiary American Stainless Tubing LLC (ASTI) to First Tube LLC.

Cleveland-Cliffs Installs New Bright Anneal Line at Ohio Facility

26 June 2025 - Cleveland-Cliffs Inc. is commissioning a state-of-the-art, vertical bright anneal line for stainless steel at Coshocton, Ohio, facility, the company said Friday.

SDI Foundation Pledges US$2 Million to Pellegrino Student Design Center

25 June 2025 - Trine University announced it has received a US$2 million pledge from the Steel Dynamics Foundation Inc. for its new John and Mary Pellegrino Student Design Center.

ArcelorMittal Sells Operations in Bosnia and Herzegovina

20 June 2025 - ArcelorMittal announced today it has sold its integrated steel plant ArcelorMittal Zenica and iron ore mining business which supplies its Zenica plant ArcelorMittal Prijedor to Pavgord Group.

SMS group and The Systems Group Partner for Safety and Sustainability

20 June 2025 - SMS group announced it has partnered with The Systems Group to deliver safer, more sustainable and lower maintenance solutions for electric arc furnace (EAF) steelmaking plants and secondary metallurgy units.

Red Bud Delivers Cut-to-Length Line

20 June 2025 - Steel & Pipe Supply Co. has successfully installed a new Red Bud Industries cut-to-length line with a stretcher leveler at its Houston, Texas, USA, facility.

Austal USA Launches Its First Steel Ship

19 June 2025 - Alabama-based shipbuilder Austal USA has launched the USNS Billy Frank Jr. (T-ATS 11), the company’s first steel ship, on 14 June.

Steelmaking Remains Its Focus, But It’s Time to Dive Into Production of Other Materials, Says POSCO Chairman

18 June 2025 - Competition in steelmaking, and a desire to better serve its home market, is prompting South Korea’s largest steel producer to invest more than US$670 million in its rechargeable battery materials operations.

ArcelorMittal Acquires Nippon Steel’s Interest in AM/NS Calvert

18 June 2025 - ArcelorMittal announced today that it has acquired Nippon Steel Corp.’s 50% equity stake in AM/NS Calvert, true to the equity purchase agreement the companies made last year subject to Nippon Steel completing its acquisition of United States Steel Corporation.

SSAB CEO: EU, U.S. Need Cooperative Solutions to Overcapacity

18 June 2025 - As market economies, the European Union and the United States needs to work together on combatting global overcapacity, SSAB’s chief executive said Wednesday.

Nippon Steel, U. S. Steel Finalize US$14.9 Billion Acquisition

18 June 2025 - Nippon Steel Corp and United States Steel Corporation on Wednesday finalized their US$14.9 billion merger, cementing a historic partnership that is expected to bring billions of dollars in new investment to U. S. Steel's facilities.

Nucor Expects Profitable Q2: Increased Earnings

18 June 2025 - Nucor Corp. announced today that it expects its second quarter earnings to increase across all three of its operating segments, with the largest increase in the steel mills segment.

Steel Dynamics Rolls its First Aluminum Coils

17 June 2025 - Steel Dynamics Inc.’s new aluminum business reached a milestone over the weekend, rolling its first hot coils on Sunday.

Ternium CEO Urges Greater U.S.-Mexico Cooperation

17 June 2025 - The U.S. and Mexico have a shared desire to promote manufacturing within their borders, a goal that could be realized through greater cooperation on trade policy, Ternium’s chief executive said on Tuesday.

Goncalves: Heightened Steel Tariff Could Help Solidify USMCA

17 June 2025 - Cleveland-Cliffs Inc.’s chief executive defended President Donald Trump’s newly imposed 50% tariff on imported steel, arguing that the higher rate would encourage Canada and Mexico to put a halt to steel transshipments.

Danieli to Modernize North Star BlueScope Facility

17 June 2025 - North Star BlueScope has selected Danieli to modernize the original runout table laminar cooling system and install a new additional downcoiler #3 at its quality strip production facility in Delta, Ohio.

Trump Approves Nippon Steel’s US$14.9 Billion Purchase of U. S. Steel

16 June 2025 - U.S. President Donald Trump has approved Nippon Steel’s US$14.9 billion bid for United States Steel Corporation after both companies signed an agreement with the Treasury Department resolving national security concerns, reported Reuters.