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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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Tata Steel Begins Shut Down of U.K. Blast Furnace

30 September 2024 - Tata Steel’s Port Talbot Works inn Wales has started to wind down operations at its No. 4 blast furnace, and the community is bracing for the loss of scores of jobs. 

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. 

ArcelorMittal Invests in Electrochemical Decarbonization Tech 

25 September 2024 - ArcelorMittal’s XCarb Innovation Fund is investing US$5 million in a company developing a way to convert industrial process gas into high-purity hydrogen and concentrated CO2. 

In a First, Big River Earns Right to Market ResponsibleSteel Certified Steel 

24 September 2024 - United States Steel Corporation’s  Big River facility has qualified to sell steel under the ResponsibleSteel Certified Steel banner, the first in the world to do so, the company has announced. 

Nippon Steel to Sell Stake in POSCO 

24 September 2024 - Nippon Steel Corp. will divest its US$823 million stake in South Korea’s POSCO Holdings Inc., a move that it says will “improve asset efficiency through asset compression.”

Primetals Technologies Inks Caster Maintenance Agreement With Outokumpu 

24 September 2024 - Primetals Technologies and  Outokumpu Stainless USA have signed a five-year, cost-per-ton maintenance agreement covering the steelmaker’s single-strand caster in  in Calvert, Ala., USA. 

SSAB Teams Up With Office Furniture Maker 

24 September 2024 - Framery, a manufacturer of soundproof office pods, has struck up a strategic collaboration with SSAB to integrate fossil-free steel into its production. 

Stelco Merger Receives OK from Provincial Court, Shareholders

19 September 2024 - A Canadian court and Stelco shareholders have approved a planned sale of the company to Cleveland-Cliffs Inc., according to company announcements.

BlueScope Steel Partners with Green Iron Company

19 September 2024 -   Australia’s BlueScope Steel has signed a memorandum of understanding (MOU) with a company developing an ironmaking process that uses sodium as a reducing agent. 

JSW Steel USA Receives Energy Department Distinction

19 September 2024 - JSW Steel USA has earned U.S. Department of Energy (DOE) recognition for its efforts to reduce energy consumption. 

Report: Decision on U. S. Steel Acquisition Likely to Come After Election 

18 September 2024 - Nippon Steel Corp. has won permission to refile its plan for acquiring United States Steel Corporation, an action that will likely delay a decision on the merger until after the November election, reports the Bloomberg news service. 

Danieli Completes Billet Caster Upgrade 

18 September 2024 - Danieli Service is wrapping up an upgrade of a 6-strand billet caster in Italy, the company reports. 

Cleveland-Cliffs, U.S. Energy Department Continue to Negotiate Funding Award

16 September 2024 - Cleveland-Cliffs Inc. remains committed to the installation of a direct reduction plant at its Middletown works and is continuing to negotiate terms of a US$500 million funding award from the U.S. Department of Energy, the company said Monday. 

SSAB Partners With PSI Group on Software Implementation

16 September 2024 - SSAB has selected PSI Group to develop a template software system that will drive its business processes, PSI Group has announced. 

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