Steel News

Midrex: Global DRI Output Increased in 2022

14 September 2023 - Global direct reduced iron (DRI) production rose 6.9% last year, growing to a record 127.4 million metric tons, according to Midrex Technologies’ annual tally.

BlueScope Executes On New Zealand EAF Project

11 September 2023 - The steelmaker announced that it has received board approval on a NZ$300 million (US$177 million) electric arc furnace (EAF) project at its New Zealand Steel works at Glenbrook, and that the project has moved into execution.

H2 Green Steel Exploring Projects in North America, South America

07 September 2023 - As H2 Green Steel looks to build its first plant in Sweden, it also is weighing potential green hydrogen and direct reduction projects in the U.S., Canada, Brazil and Portugal, reports the (London) Financial Times.

Acquisition Expands Primetals Technologies Cutting Tech Know-How

07 September 2023 - Primetals Technologies has acquired the assets and intellectual property of Spain’s Torch-Cutting Technologies (TCT) in a deal that will complement its offerings in cutting technology.

Boston Metal Closes on US$262 Million in Series C Funding

07 September 2023 - Boston Metal, a startup that is developing an electrolysis-based processed for ironmaking, has closed on US$262 million in Series C fundraising, the company has announced.

ANDRITZ to Build Cold Mill for ArcelorMittal France

07 September 2023 - ArcelorMittal France has placed an order with ANDRITZ for a reversible 6-high cold mill to produce light-gauge, non-oriented electrical steels, the equipment manufacturer has announced.

Danieli Receives Order for Brazilian Cold Mill

05 September 2023 - German cold-rolled strip producer Waelzholz has contracted Danieli to build a 4-high reversing mill for a facility in Brazil.

CELSA Creditors Win Control of Company

05 September 2023 - Creditors of Spanish long products maker CELSA Group will take control of the company after a judge approved a multi-billion-euro restructuring plan.

Primetals Technologies Receives Order for Two LD Converters

30 August 2023 - ArcelorMittal’s Brazilian unit has placed an order with Primetals Technologies for two basic oxygen furnaces and gas cleaning equipment, according to the equipment supplier.

Cleveland-Cliffs Reaches Tentative Labor Agreement With Minnesota Iron Ore Miners

30 August 2023 - Newly unionized workers at Cleveland-Cliffs Inc.’s Northshore taconite operation in Minnesota have reached a tentative labor agreement with the steelmaker.

Mill Steel Announces New Location, Expands Existing Facility

29 August 2023 - Michigan-based flat-rolled distributor Mill Steel Co. is establishing a new location in Mansfield, Ohio, USA, in support of its entrance into the flat-rolled stainless and aluminum markets and concurrently investing US$18 million in its Detroit, Mich., facility.

Nucor Celebrates Start of Work on Third Micro-Mill

28 August 2023 - Nucor Corp. broke ground Friday on its planned rebar micro-mill in Lexington, N.C., USA, marking the start of work on what will be its third such facility.

Blastr Green Steel Makes Headway on Proposed Nordic DRI-EAF Facility

28 August 2023 - A European start-up steel producer hopes to name an engineering partner and equipment suppliers sometime in the next few months and is laying the procedural groundwork for its environmental impact assessment, the company reports.

JSW Steel Hoping to Buy Into Canadian Met Coal Operation

25 August 2023 - JSW Steel is looking to acquire a 20% to 40% stake in a Canadian miner’s metallurgical coal business, reports the Bloomberg news service.

Dave Stickler, Koch Minerals & Trading Partner on Startup Rebar Mill

24 August 2023 - Koch Minerals & Trading is contributing to the US$700 million debt and equity financing that is supporting the planned Hybar LLC rebar mill in Arkansas, the company has said.

Tata Steel to Expand Hot Blast Systems at Three BFs

24 August 2023 - Tata Steel has contracted Danieli Corus to add stoves to the hot blast systems serving three of its furnaces in India.

Esmark Ends Effort to Acquire U. S. Steel

23 August 2023 - Esmark Inc., the Pennsylvania-based steel processor and distributor that had put down a US$7.8 billion cash offer for United States Steel Corporation, has bowed out of the sales process.

Fives Wins Ternium Galvanizing Line Order

23 August 2023 - Ternium has contracted Fives to build a 600,000-metric-ton galvanizing line for its Pesquería, Mexico, flat-rolled facility, the equipment manufacturer has announced.

BlueScope to Proceed With Australian BF Reline

22 August 2023 - Australia’s BlueScope Steel Ltd. will invest AU$1.15 billion to reline a blast furnace at its Port Kembla Steelworks, a move that it says will “secure our immediate future while enabling a transition to lower-emissions steelmaking as soon as it is commercially feasible.”

U.S. Commerce Department Sets Anti-Dumping Duties on Tin Mill Products

22 August 2023 - Tin mill products from China, Canada and Germany are facing preliminary anti-dumping duties as high as 122% under a U.S. Commerce Department ruling.