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Industry
Latest News
SDI Announces Science-Based CO2 Intensity Targets
10 October 2024 - Steel Dynamics Inc. will look to reduce the CO2 intensity of its hot-rolled steel by 15% over the next six years under new science-based goals it has set as part of its participation in the Global Steel Climate Council.
Stelco Acquisition Clears Another Regulatory Hurdle
09 October 2024 - Canadian antitrust regulators have given the green light to Cleveland-Cliffs Inc.’s acquisition of Ontario-based Stelco.
Justice Department OKs Cliffs-Stelco Deal
09 October 2024 - The sale of Canadian steelmaker to U.S.-based Cleveland-Cliffs Inc. has cleared a U.S. Justice Department antitrust review, Cliffs announced on Tuesday.
Jindal Group to Acquire Czech Republic’s Vítkovice Steel
09 October 2024 - Czech plate producer Vítkovice Steel is being acquired by India’s Jindal Group, which plans to invest up to EUR150 million in the Ostrava company.
SSAB Contracts Engineering Partner for Mini-Mill Build
08 October 2024 - SSAB has selected Swedish engineering firm AFRY as its main engineering partner for its Luleå mini-mill project.
Report: thyssenkrupp Re-Examines Plans for Hydrogen DRI Furnace
07 October 2024 - thyssenkrupp AG is said to be reviewing plans for its billion-euro project to convert from traditional blast furnace ironmaking to hydrogen-fueled ironmaking.
ArcelorMittal Celebrates Start of EUR76 Million Ladle Furnace
03 October 2024 - ArcelorMittal’s Fos-sur-Mer plant in France has inaugurated a new ladle furnace, a milestone event that the company says will contribute to the European steel industry’s energy transition.
Vale Selects Partner for Electrolyzer Feasibility Studies
03 October 2024 - Iron ore miner Vale has partnered with a German company to study the feasibility of a green hydrogen production facility in Brazil.
China Lodges Complaint Over Canadian Steel Tariffs
02 October 2024 - China has filed a complaint with the World Trade Organization over Canada’s new 25% tariff on Chinese steel, aluminum and electric vehicles.
Report: Bull Moose to Expand in Missouri
02 October 2024 - Bull Moose Tube is planning to build a US$25 million plant in Gerald, Mo., reports the PTI news service.
U. S. Steel: Nippon Steel Merger Will Bring Significant Economic Gains to Pennsylvania
02 October 2024 - United States Steel Corporation estimates that a promised investment in its Mon Valley Works would translate into nearly US$1 billion in incremental economic impact to Pennsylvania over the next two years.
Hydnum Steel, Knauf Interfer Collaboration Aims to Boost European Green Steel Supply
02 October 2024 - European steel processor and distributor Knauf Interfer has signed a memorandum of understanding with Spanish green steel startup Hydnum Steel to buy EUR80 million worth of product annually.
A Century of Integrated Steelmaking at Welsh Plant Comes to an End
01 October 2024 - Tata Steel on Monday tapped the No. 4 blast furnace at its historic Port Talbot Works in Wales for the final time, bringing to an end nearly 100 years of ironmaking.
ArcelorMittal Urges EU Action on Steel Plan
30 September 2024 - ArcelorMittal Europe chief executive officer Geert Van Poelvoorde has urged the European Union and the Polish government to adopt policies that will enable the industry to thrive.
Systems Spray-Cooled Announces Order from Danieli
30 September 2024 - EAF components manufacturer Systems Spray-Cooled has received an order for furnace cooling equipment from Danieli, which is building two new 65-ton AC units for Austrian steelmaker
Surging Imports Prompt Liberty Steel and Wire to Pause Production
26 September 2024 - Liberty Steel and Wire is throttling back production and temporarily laying off employees at its Peoria, Ill., USA, facility, reports the (Peoria, Ill.) Journal Star newspaper.
thyssenkrupp Installs New Leadership Team at Steel Unit
26 September 2024 - thyssenkrupp has appointed a new leadership team for its European steel unit following last month’s departure of several executives.
Harris: Domestic Ownership of U. S. Steel Trumps Potential Job Losses
26 September 2024 - U.S. presidential candidate Kamala Harris on Wednesday reiterated her support for a domestically owned United States Steel Corporation, saying that control of the company outweighs the potential for job losses, reports the Bloomberg news service.
Arbitration Panel Rules For U. S. Steel in Merger Dispute
25 September 2024 - Arbitrators have sided with United States Steel Corporation in a union dispute over the execution of its planned merger with Nippon Steel Corp.
Chinese Mill Incorporates Danieli Drawer Tech in SBQ Production
25 September 2024 - precision sizing unit, the equipment supplier reports.
