Steel News

SSAB to Explore Sustainable Quicklime Use in Steel Production

16 February 2023 - SSAB, a Swedish technology company and a limestone producer will conduct preliminary research on incorporating sustainably produced quicklime into SSAB's steelmaking process.

YK Steel Turns to SMS group for Rebar Mill

13 February 2023 - South Korean steelmaker YK Steel has awarded a contract for a complete rebar mini-mill to SMS group.

Swiss Steel Group Introduces New Thermomechanically Rolled Steel

13 February 2023 - Swiss Steel Group has developed a high-strength steel that reportedly can be made without the need for expensive alloys and supplementary heat treatment.

Primetals Technologies Receives Order for Converter Reline Machine

13 February 2023 - Germany’s Hüttenwerke Krupp Mannesmann (HKM) has ordered an LD converter relining machine from Primetals Technologies, according to the equipment manufacturer.

Steel Dynamics Executive Named Chief Operating Officer

09 February 2023 - Steel Dynamics Inc. (SDI) veteran and AIST board member Barry T. Schneider has been promoted to president and chief operating officer, the company announced on Thursday.

Highbar Looking to Vault Into Steelmaking With Not One, Not Two, But Three Mills

08 February 2023 - Highbar LLC, the Dave Stickler-led rebar-making startup that is planning a mill in Arkansas and has a second on the drawing board, apparently has a third facility in the pipeline.

JFE Steel Plans Even Bigger Expansion of NGO Sheet Capacity

07 February 2023 - JFE Steel Corp. is doubling down on an expansion of its electrical steel sheet capacity, announcing Monday that it will invest an additional JPY50 billion (US$381.2 million) in a project already underway.

U. S. Steel Restarts Idled Mon Valley Works BF

06 February 2023 - Increasing demand has prompted United States Steel Corporation to restart the No. 3 blast furnace at its Mon Valley Works in Pennsylvania.

Swedish Producer Restarts Blast Furnace

01 February 2023 - SSAB has joined the list of European steel producers who have relit idled blast furnaces in recent weeks, reports Fastmarkets MB.

Spanish, Polish Mills Start New Sarralle EAFs

01 February 2023 - Two European steelmakers have started up Sarralle-built electric arc furnaces (EAFs), according to an announcement from the Spain-based engineer and equipment manufacturer.

ArcelorMittal Invests in Green Steel Tech Startup

27 January 2023 - Ironmaking startup Boston Metal has raised US$120 million in Series C funding, with ArcelorMittal taking the lead in the third wave of investment.

North American Stainless Plans New Cold Mill

26 January 2023 - North American Stainless has greenlighted a US$244 million expansion of its Ghent, Ky., USA, mill, the company announced Thursday.

Nucor Banks Record 2022 Profits

26 January 2023 - Nucor Corp.’s 2022 profits leaped 24% as the company recorded its safest and most profitable year ever.

U. S. Steel Eyes Late-Summer Completion of NGO Line

26 January 2023 - United States Steel Corporation’s non-grain-oriented electrical steel (NGO) line in Arkansas is proceeding as planned and is on track for a late-summer start, the company has said.

Nippon Steel Explores Carbon Capture Project

25 January 2023 - Nippon Steel Corp. and two other companies will explore the potential for carbon capture and storage project, according the Reuters news service.

SDI Achieves Record Profitability in 2022

25 January 2023 - 2022 was a banner year for Steel Dynamics Inc. as the U.S. steelmaker posted record net sales, profits and shipments.

Report: U.K. Looks to Provide Support to British Steel, Tata Steel UK

23 January 2023 - The U.K. government reportedly is considering GBP600 million in financial support for its two biggest steel producers to help them convert to low-CO2 processes.

JSW Steel Signs On to Green Steel Certification Effort

23 January 2023 - JSW Steel has joined the global ResponsibleSteel initiative, an effort to introduce a worldwide certification for responsibly sourced and produced steel.

Nucor Launches First Sustainable Steel Product for Offshore Wind Applications

19 January 2023 - Nucor Corp. is introducing an advanced, heavy-gauge steel plate designed specifically for offshore wind energy applications.

SSAB Wraps Electrical Equipment Upgrade

17 January 2023 - SSAB recently completed an upgrade to its Montpelier, Iowa, mill, making an improvement to the rectifier serving the facility’s DC electric arc furnace, the contractor on the project has said.