Steel News

JSW, JFE Cement Grain-Oriented Electrical Steel Joint Venture

14 February 2024 - India’s JSW Steel and Japan’s JFE Steel have broken ground on a joint-venture electrical steel plant in India, the equivalent of a US$670 million investment that will bring about India’s first end-to-end manufacturer of grain-oriented electrical steel.

Nippon Steel Reports Successful H2 Injection Trial

14 February 2024 - Nippon Steel Corp. reduced blast furnace CO2 emissions by 33% during a month-long hydrogen injection trial, the company has reported.

Local Planning Agency Signs Off on Proposed California Mill

14 February 2024 - A county planning commission has OK’d Pacific Steel Group’s proposed rebar micro-mill, sending it to the board of supervisors for approval, reports the Tehachapi News newspaper.

Tenova LOI Thermprocess Reports Success in Hydrogen-Fueled Annealing Trial

08 February 2024 - Collaborating with Tenova LOI Thermprocess, thyssenkrupp Hohenlimburg has successfully annealed a batch of hot-rolled strip by way of a CO2-neutral process that produces low NOx emissions.

Primetals Technologies Contracted for Plate Mill Improvement

08 February 2024 - Hyundai Steel is upgrading a heavy plate mill with a new cooling system designed to reduce the overall hold time between the roughing and finishing stands.

U.S. ITC Ruling Strikes Duties on Tin Mill Products

08 February 2024 - The U.S. International Trade Commission has rejected anti-dumping duties on tin mill products from several countries, finding that U.S. producers are not being harmed by imports from those places.

Alton Steel CEO Jim Hrusovsky Announces Retirement, Successor Named

06 February 2024 - Alton Steel Inc.’s (ASI) board of directors has named steel industry veteran Chris Ervin as chief executive officer, succeeding Jim Hrusovsky, who is retiring this fall.

Goncalves: Cleveland-Cliffs Won’t Backstop U. S. Steel Sale

05 February 2024 - Cleveland-Cliffs Inc.’s bid for United States Steel Corporation is off the table and won’t be put back on should Nippon Steel Corp.’s plan to acquire the iconic manufacturer fall through, reports the Bloomberg news service.

Acquisition to Expand North American Stainless Footprint

05 February 2024 - Acerinox subsidiary North American Stainless is acquiring high-performance alloys maker Haynes International in a cash deal valued at US$970 million, the companies announced Monday.

EVRAZ North America Runs First Order on Rail Welding Line

01 February 2024 - EVRAZ North America’s Pueblo, Colo., USA, rail mill has completed its first production order on a new rail weld line, producing and shipping 1,600-foot lengths of continuously welded rail.

North American Stainless Expansion Underway

01 February 2024 - Kentucky Gov. Andy Beshear and North American Stainless (NAS) executives recently celebrated progress on a US$244 million expansion of the company’s Ghent, Ky., USA, facility.

Cleveland-Cliffs Reports Second Successful BF Hydrogen Trial

01 February 2024 - Cleveland-Cliffs Inc. has successfully completed a hydrogen injection trial on its Indiana Harbor No. 7 blast furnace, the company announced Friday.

Australia to Support BlueScope BF Reline

31 January 2024 - BlueScope Steel has been awarded an AU$136.8 million grant in support of a blast furnace reline and plant upgrades at its Port Kembla facility.

Japanese Banks Back Nippon Steel Acquisition of U. S. Steel

30 January 2024 - Nippon Steel Corp. has lined up US$16 billion in loans for its planned acquisition of United States Steel Corporation, the Reuters news service reports.

JSW Steel Sees Indian Steel Demand Growing

30 January 2024 - India’s JSW Steel is forecasting that Indian steel demand could grow 8% to 10% in the next few years, driven in part by infrastructure construction, according to the company’s managing director.

U. S. Steel to Close Clairton Coke Oven Battery

29 January 2024 - United States Steel Corporation will permanently idle the No. 15 coke oven battery at its Clairton, Pa., USA, coke plant and invest US$19.5 million in upgrades to coke oven gas cleaning facilities as part of a proposed settlement over emissions incidents at the plant.

SDI Prepares to Start New Processing Lines

25 January 2024 - Steel Dynamics Inc. (SDI) has completed construction of its four new paint and galvanizing lines and expects to commission them sometime before the end of March, the company’s chief executive officer has said.

Degasser, Caster Improvements Slated for JSW Steel USA Mill

24 January 2024 - JSW Steel USA has contracted Primetals Technologies to build what will be North America’s largest twin-station vacuum tank degasser and to upgrade the slab caster at its Ohio mill.

Nippon Steel: We’re the Right Investor for U. S. Steel

23 January 2024 - Nippon Steel Corp.’s leading executives on Tuesday reiterated promises that the company would honor United States Steel Corporation’s collective bargaining agreements and would share technology that would improve the iconic steelmaker’s competitiveness.

H2 Green Steel Reaches New Funding Milestone

22 January 2024 - H2 Green Steel has signed definitive debt financing agreements amounting to EUR4.2 billion and has raised an additional EUR300 million in equity, the startup producer said Monday.