Steel News

Country Roads Take Nucor to Its New Home, West Virginia

12 January 2022 - Nucor Corp. will build its planned US$2.7 billion sheet mill along the Ohio River in West Virginia, the company announced Wednesday afternoon.

U. S. Steel Chooses Arkansas for Site of US$3 Billion Mill

12 January 2022 - United States Steel Corporation will build its next-generation electric steelmaking facility near its Big River Steel plant in Osceola, Ark., USA, the company said yesterday.

Stelco to Recycle EV Batteries

12 January 2022 - The Canadian steelmaker has entered into an agreement with Primobius, a joint venture between Neometals Ltd. and SMS group, for the commercialization of electric vehicle (EV) battery recycling and processing.

voestalpine Starts Up 3D Sand Printer for Steel Casting

12 January 2022 - voestalpine’s steel and technology group is now operating what it calls Europe’s most advanced 3D sand printer for heavy steel castings.

thyssenkrupp Signs Supply Contract for Electrolysis Plant

12 January 2022 - thyssenkrupp Uhde Chlorine Engineers has signed a supply contract with Shell for a project called Hydrogen Holland I.

Jindal Shadeed Iron and Steel Renews Contract With Harsco Environmental

11 January 2022 - Harsco Corp. announced last week that Oman’s Jindal Shadeed Iron and Steel LLC (JSIS) has re-upped its contract with the company’s Environmental division.

CMC Reports Record First-Quarter Results

11 January 2022 - Commercial Metals Company (CMC) yesterday announced financial results for its fiscal first quarter ending 30 November 2021, which included record core EBITDA levels for the third consecutive month.

Commercial Metals Company To Build New Micro-Mill in Eastern U.S.

10 January 2022 - Commercial Metals Company (CMC) announced this morning that it intends to build a brand-new long products micro-mill somewhere in the eastern United States.

ATI California Facility Sold to Ulbrich Stainless

10 January 2022 - Steel re-roller and distributor Ulbrich Stainless Steels & Special Metals Inc. has acquired ATI Specialty Rolled Products’ Pico Rivera, Calif., USA, service center, according to an official press release.

POSCO and HBIS Break Ground on Automotive Sheet Joint Venture

10 January 2022 - POSCO and HBIS Group announced last Friday that work has begun on a new US$647 million sheet mill located in China’s Hebei province, reports the Reuters news service.

Danieli Corus Tapped for Two Blast Furnaces for Hoa Phat

05 January 2022 - The two blast furnaces will add 5.6 million metric tons per year of capacity to the Vietnamese steelmaker’s Dung Quat steel complex II, according to Danieli.

Report: ArcelorMittal and Partners Receive €10M for Electrolysis Plant in Bremen

04 January 2022 - According to reports, ArcelorMittal Bremen, swb AG and EWE AG have received a subsidy of more than €10 million to construct a 12-MW electrolysis plant in Bremen, Germany, to produce green hydrogen by means of renewable energy.

POSCO to Memorialize Oldest Blast Furnace

04 January 2022 - POSCO shut down its oldest blast furnace in Pohang last week, and plans to turn it into a museum.

Metalloinvest Launches Ore Beneficiation Pilot Plant

21 December 2021 - Metalloinvest announced last week the launch of a pilot plant at Mikhailovsky GOK intended to model iron ore beneficiation processes and develop new high-quality products.

Ternium Announces US$98 Million Expansion to Louisiana Mill

20 December 2021 - Ternium USA Inc. last week unveiled plans to build a second steel coil coating line at its Shreveport, La., USA, facility, according to a report by the Shreveport Times.

Another Record Quarter Expected for SDI

17 December 2021 - Steel Dynamics Inc. (SDI) provided earnings guidance yesterday for the fourth quarter of 2021 ranging from US$5.46 to US$5.50 per diluted share.

Metinvest, SMS group Sign MOU on Decarbonization Technologies

16 December 2021 - SMS group announced yesterday it has signed, along with its subsidiary Paul Wurth, a Memorandum of Understanding (MOU) with Metinvest to work together to tackle decarbonization.

Nucor Anticipates Another Record Quarter

15 December 2021 - In a press release today, Nucor Corp. issued guidance for its fourth quarter ending 31 December 2021, which it expects to be the highest in the company’s history.

ArcelorMittal Commits Additional US$30 Million to LanzaTech Carbon Capture Technology

14 December 2021 - ArcelorMittal, through its XCarb™ innovation fund, will invest US$30 million in carbon capture and utilization (CCU) company LanzaTech, according to an official press release.

thyssenkrupp Awarded 2-GW Electrolysis Installation Contract

14 December 2021 - thyssenkrupp was awarded a contract to supply a 2-GW electrolysis plant to NEOM, one of the world's largest green hydrogen projects.