Steel News

Tosyalı SULB Awards CDRI Plant Order to Midrex, SMS group

25 February 2025 - Tosyalı SULB Steel Industries has turned to Midrex Technologies, Inc. and SMS group to supply phase one of the world’s largest direct reduced iron (DRI) complex investments with the construction of a 2.5-million-metric-ton cold DRI (CDRI) plant in Benghazi, Libya.

Outokumpu Secures Long-Term Molybdenum Supply

24 February 2025 - Outokumpu has signed a 10-year offtake agreement with Greenland Resources Inc. to ensure access to about 8 million lbs. of molybdenum annually, valued at approximately US$1.6 billion over a decade.

Vinton Steel Fourth Project Under JETI Program

21 February 2025 - Japanese steelmaker Kyoei Steel Ltd. will invest more than US$229 million in melting and rolling upgrades to its Vinton Steel mini-mill in Texas.

Longtime Nucor Leader Retires as Two Earn Promotions

20 February 2025 - Gregory J. Murphy will step down from his role as executive vice president of business services and general counsel of Nucor Corp., effective 7 June 2025, after a 36-year-long career.

Salzgitter Celebrates Start of Work on Green H2 Production Plant

20 February 2025 - Salzgitter has broken ground on what will be one of Europe largest green hydrogen production plants, the company has said.

Tata Steel Receives OK to Build U.K. EAF

20 February 2025 - Local officials in Wales have approved Tata Steel’s plans to build an electric arc furnace at its Port Talbot Steelworks, the company has said.

South Australian Government Forces Whyalla Steelworks Into Administration

19 February 2025 - The South Australian government has wrested control of one of the country’s two major steel mills and will inject it with more than AUD$2 billion in funding while its looks for a buyer, according to reports.

North Star Defers Cold Mill Plans

18 February 2025 - North Star BlueScope's Australian parent has postponed a US$1.2 billion investment in a Midwest cold rolling facility so that it can focus on ramping up its U.S. coated products business.

Two Bidders Move Into the Lead to Buy Former ILVA Steelworks

18 February 2025 - Azerbaijan’s Baku Steel Co. and India’s Jindal Steel International are said to be the leading bidders for one of the EU’s largest integrated steel works, according to the Reuters news service.

JSW Steel USA CEO: Tariffs Will Support Utilization

18 February 2025 - JSW Steel USA chief executive officer Robert Simon is anticipating that President Donald Trump’s steel tariffs will help drive utilization of the company’s facilities in Ohio and Texas.

Thor’s Mighty GreenerTowers: Hammering Down CO2 Emissions

17 February 2025 - Ilsenburger Grobblech, a Salzgitter AG subsidiary, and Siemens Gamesa, a wind turbine manufacturer, have signed a contract to deliver 25,000 tons of heavy plates for the construction of 36 wind towers for the Thor offshore wind farm in the Danish North Sea off the coast of Jutland, the companies announced.

Kardemir Casts a Bright Future With SMS Group

17 February 2025 - Kardemir has ordered a 5-strand combi-continuous caster from SMS Concast, part of the SMS group, to upgrade its facility in Karabük, Türkiye.

Nippon Steel’s Point Person for U.S. Steel Acquisition Returns to U.S.

14 February 2025 - Nippon Steel Corp. has dispatched vice chairperson Takahiro Mori to the United States to establish a framework for discussion with the Trump administration over the U. S. Steel acquisition, reports The Japan Times.

Outokumpu Decides Against U.S. Cold Rolling Expansion — For Now

13 February 2025 - Stainless steel producer Outokumpu is dropping plans to build new cold rolling capacity in the U.S. but instead is working to boost capacity at existing facilities, the company said Thursday.

Outokumpu Sees Nuclear as Feasible Energy Source

13 February 2025 - Outokumpu has determined that nuclear power could meet its green energy needs and is seeking external investors to back construction of a small modular reactor (SMR) for its Tornio, Finland, stainless steel plant.

Report: Nippon Steel to Invest In, Rather Than Buy, U. S. Steel

07 February 2025 - President Donald Trump on Friday said Nippon Steel Corp. would drop plans to acquire United States Steel Corporation and instead invest in the company.

ArcelorMittal Greenlights Alabama Electrical Steel Line; Nears Completion of EAF

06 February 2025 - ArcelorMittal has begun commissioning the new meltshop at its joint-venture rolling mill in Alabama and will move forward with a plan to build a 150,000-metric-ton electrical steel line nearby, the company announced Thursday.

Czech Mill Readied for Sale

06 February 2025 - The Czech Republic’s largest steel mill is going on the sales block, with the first round of bids due in by 23 April.

USW President Seeks Dismissal of U. S. Steel Lawsuit

05 February 2025 - The president of the United Steelworkers union has asked a judge to toss out a lawsuit against him, calling it frivolous, reports the Reuters news service.

JSW Steel Contracts SMS group for New BOF

05 February 2025 - JSW Steel Dolvi has ordered a 350-ton basic oxygen furnace (BOF) converter and other equipment from SMS group, the plant builder has announced.