Steel News

Mesabi Metallics Secures US$150 Million for American DR-Grade Iron Ore Mine and Pellet Plant

08 April 2026 - Mesabi Metallics Co. LLC along with Essar Group announced it has secured US$150 million of financing from Macquarie Group for the startup of its direct reduction (DR)–grade iron ore mine and pellet plant in Nashwauk, Minn., USA, in the third quarter of 2026.

SMS group Partners With Hirschvogel to Digitalize Closed-Die Forging Testing

24 March 2026 - SMS group announced it has partnered with Hirschvogel to develop a system to automate the final inspection of closed-die forged components to replace manual testing stations at the Denklingen site in Germany.

thyssenkrupp Steel Invests 2.4 Million Euros for Blast Furnace Laboratory Expansion

24 March 2026 - thyssenkrupp Steel announced it will invest 2.4 million euros for a new testing laboratory at its Duisburg-Schwelgern site in Germany.

Tata Steel Unveils Scrap-Based EAF Facility

24 March 2026 - Tata Steel announced it has started up its new scrap-based electric arc furnace (EAF) facility in Hi-Tech Valley, Ludhiana, India.

Tata Steel Teams With University of Science and Technology Beijing for Green Steel Research

19 March 2026 - Tata Steel announced it has signed a memorandum of understanding with the University of Science and Technology Beijing (USTB) to work together to advance green steelmaking technologies.

Algoma’s New EAF Is Running Around the Clock

12 March 2026 - Canada’s Algoma Steel has fully decommissioned its coke ovens and blast furnace and is now operating its new electric arc furnace (EAF) on a 24-hour basis, the company reported Thursday.