Steel News

Fabricator Inaugurates Solar Farm Components Facility

28 June 2022 - Solar farm technology specialist Nextracker and its manufacturing partner have cut the ribbon on a Pittsburgh, Pa., USA, production facility that will make steel components for large-scale solar facilities.

U. S. Steel to Sell Two BFs, Hints at DRI Plant Under New Raw Materials Plan

28 June 2022 - United States Steel Corporation is expanding its raw materials capabilities, unveiling an upgrade to one of its Minnesota iron ore mines on Tuesday and saying that a direct reduction plant could be in its future. In addition, the company revealed a potential agreement to repurpose its Granite City, Ill., USA, blast furnaces.

JSW Steel Orders Grinding, Inspection Facility

27 June 2022 - Danieli has bagged an order from JSW Steel for a new slab grinding and inspection facility, which will be installed at the steelmaker’s Dolvi plant in Maharashtra, India.

Steelworkers Local Casting Ballots on Strike Authorization

27 June 2022 - Contract negotiations between Stelco and United Steelworkers at the company’s Nanticoke, Ont., plant in Canada have stalled, with union workers voting Monday on whether to authorize a strike, should negotiators deem one necessary.

Nucor Finalizes US$3 Billion Acquisition

24 June 2022 - Nucor Corp. has closed on its US$3 billion acquisition of C.H.I. Overhead Doors, completing a sale that expands its downstream steel products business.

Algoma Profit Share Sets New Record

24 June 2022 - Algoma Steel’s employee profit sharing program has set a new company record for the highest amount awarded to employees.

Allegheny Technologies Picks a New Name and a New Home

23 June 2022 - Specialty metals producer Allegheny Technologies Inc. is changing its name and moving its headquarters from Pittsburgh, Pa., to Dallas, Texas, reports the Pittsburgh Business Times.

CMC Upgrades Electrical Supply to Ladle Furnace

22 June 2022 - Commercial Metals Company has replaced the ladle furnace transformer at its Mesa, Ariz., USA, micro-mill, swapping it out for a Danieli-built digital power feeder.

ArcelorMittal Signs Collaboration Agreement for Wind Farms, Electrolysis Plants

22 June 2022 - ArcelorMittal and German energy company RWE will work together on building and operating offshore wind farms and hydrogen electrolysis plants, the companies have announced.

U. S. Steel to Participate in Carbon Capture Project

22 June 2022 - The University of Illinois Urbana-Champaign has received a US$3.5 million federal grant that will support an engineering study on a system to capture carbon dioxide in the air and store it in concrete.

SSAB Finds Its First U.S. Taker for Fossil-Free Steel

21 June 2022 - U.S.-based automotive body structures supplier Shape Corp. will trial SSAB’s fossil-fuel-free steel in certain parts, the steelmaker has announced.

Primetals Technologies Lands Order for Converter Relining Machine

21 June 2022 - Brazil’s Companhia Siderúrgica do Pecém (CSP) has ordered a relining machine from Primetals Technologies for its Pecém mill, the equipment supplier reports.

Commercial Metals Company Forecasts Healthy Steel Demand

20 June 2022 - Fears of a recession to the contrary, Commercial Metals Company (CMC) executives said demand for rebar and other construction steels appears healthy.

Steelworkers Union Heading to the Bargaining Table With U. S. Steel, Cleveland-Cliffs

17 June 2022 - United States Steel Corporation and Cleveland-Cliffs Inc. are gearing up for contract negotiations with the United Steelworkers union as multiple contracts are nearing their expiration dates, reports Argus Media.

U. S. Steel Expects Strong Q2

17 June 2022 - United States Steel Corporation expects to report second-quarter EBITDA of approximately US$1.6 billion, a new second-quarter record, the company said Thursday.

Steel Dynamics Expects a Record Q2

16 June 2022 - Steel Dynamics Inc. said it expects to report another record quarter later this summer, driven in part by strong steel demand and profitability at its steel mills.

Optimus Steel Taps Danieli for Roughing Mill, Reheat Furnace

16 June 2022 - Rebar maker Optimus Steel has contracted Danieli for improvements to its Beaumont, Texas, USA, mill.

Outokumpu Introduces Low-CO2 Steel

15 June 2022 - Stainless steel producer Outokumpu has launched a branded line of low-carbon-emissions stainless steel and has already delivered a shipment to a major customer, the company said on Wednesday.

Nucor Sees Another Earnings Record on the Horizon

15 June 2022 - Strong steel demand is expected to propel Nucor to its highest quarterly earnings yet, the company said on Wednesday.

What’s the Threshold For Low-Carbon-Emissions Steel? ArcelorMittal Proposes a Way to Answer

15 June 2022 - ArcelorMittal has proposed a broad outline of a conceptual low-carbon-emissions standard for the global industry, saying that such a standard could incentivize the decarbonization of primary and secondary steelmaking and help drive demand for low-emissions steels.