Steel News

SSAB CEO: EU, U.S. Need Cooperative Solutions to Overcapacity

18 June 2025 - As market economies, the European Union and the United States needs to work together on combatting global overcapacity, SSAB’s chief executive said Wednesday.

Nippon Steel, U. S. Steel Finalize US$14.9 Billion Acquisition

18 June 2025 - Nippon Steel Corp and United States Steel Corporation on Wednesday finalized their US$14.9 billion merger, cementing a historic partnership that is expected to bring billions of dollars in new investment to U. S. Steel's facilities.

SMS group Modernizes Jingye Steel’s Heavy Plate Mill

18 June 2025 - SMS group announced it has successfully completed an automation system upgrade for Jingye Steel Co. Ltd.’s five-meter heavy plate mill in Yingkou, China.

Nucor Expects Profitable Q2: Increased Earnings

18 June 2025 - Nucor Corp. announced today that it expects its second quarter earnings to increase across all three of its operating segments, with the largest increase in the steel mills segment.

U.K. Government Makes £500 Million Rail Contract to Save British Steel Jobs

18 June 2025 - The British government is in talks to finalize a £500 million rail steel deal between Network Rail and British Steel in an effort to protect thousands of jobs, reported Reuters.

Steel Dynamics Rolls its First Aluminum Coils

17 June 2025 - Steel Dynamics Inc.’s new aluminum business reached a milestone over the weekend, rolling its first hot coils on Sunday.

Narendran: India Will See Significant, But Constrained, Growth

17 June 2025 - India’s steel production will likely reach 200 million to 250 million metric tons by the end of this decade, according to Tata Steel chief executive officer T V Narendran.

Ternium CEO Urges Greater U.S.-Mexico Cooperation

17 June 2025 - The U.S. and Mexico have a shared desire to promote manufacturing within their borders, a goal that could be realized through greater cooperation on trade policy, Ternium’s chief executive said on Tuesday.

Goncalves: Heightened Steel Tariff Could Help Solidify USMCA

17 June 2025 - Cleveland-Cliffs Inc.’s chief executive defended President Donald Trump’s newly imposed 50% tariff on imported steel, arguing that the higher rate would encourage Canada and Mexico to put a halt to steel transshipments.

Danieli to Modernize North Star BlueScope Facility

17 June 2025 - North Star BlueScope has selected Danieli to modernize the original runout table laminar cooling system and install a new additional downcoiler #3 at its quality strip production facility in Delta, Ohio.

ANDRITZ to Equip Tarali Pumped Storage Plant

17 June 2025 - ANDRITZ announced it has received an order from renewable energy company Adani Green Energy Ltd. (AGEL) to supply its new Tarali pumped storage plant in Maharashtra, India.

Metso to Supply Process Equipment for Iron Ore Concentrator Plant

17 June 2025 - Metso Corp. announced it has signed an agreement with Jinnan Iron & Steel Group to supply key process equipment for their greenfield iron ore concentrator plant which will be constructed in Sohar, Oman.