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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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JSW Steel Capacity on the Rise

02 February 2021 - JSW Steel anticipates that its crude steel capacity will reach 23 million metric tons annually by March as it wraps up several expansion projects, reports commodities news and pricing service Argus. 

ArcelorMittal Signs MOU for Biogas Project

29 January 2021 - ArcelorMittal will partner with a company that specializes in pyrolysis to build a biogas production plant in Europe, the steelmaker announced Friday. 

SSAB Halts IJmuiden Talks With Tata Steel

29 January 2021 - SSAB has broken off discussions with Tata Steel over a possible acquisition of Tata’s IJmuiden steel mill in the Netherlands and related downstream assets, saying that there were limited possibilities to integrate the facility into SSAB’s strategic framework.

Steel Dynamics’ Q4 Profits Increase 

28 January 2021 - Steel Dynamics Inc. (SDI) saw its fourth-quarter earnings climb to US$188 million on near-record steel shipments and rising prices and is looking for the positive momentum to continue going into the new year. 

Nucor Reports Profitable End to 2020, Sees Continued Strength in Early 2021

28 January 2021 - Higher sheet and plate prices helped push Nucor Corp.’s fourth-quarter earnings to US$398.8 million, the steelmaker said Thursday. 

Cleveland-Cliffs Commits to 25% Reduction in Carbon Emissions

28 January 2021 - Iron ore miner and steelmaker Cleveland-Cliffs Inc. is targeting a 25% reduction in greenhouse gas emissions by 2030 and will explore a potential carbon capture project at its Burns Harbor plant. 

Stelco Enters Merchant Pig Iron Business

28 January 2021 - Canadian steelmaker Stelco Inc. has commissioned the new pig iron caster at its Lake Erie Works in Ontario, the company announced Thursday. 

U. S. Steel Names New Tubular Division Lead

27 January 2021 - United States Steel Corporation has named company veteran Scott M. Dorn as the interim head of its tubular solutions division. 

Nucor Gives Final Thumbs Up to New Galvanizing Line

27 January 2021 - Nucor Steel Gallatin has issued the final acceptance certificate on its new “heat-to-coat” pickling and galvanizing line, reports project contractor SMS group. 

LIBERTY Steel Updates thyssenkrupp Offer 

25 January 2021 - LIBERTY Steel Group has made what it's calling a firmed-up bid for thyssenkrupp’s steel unit, reports commodities news and pricing service S&P Global Platts. 

DRI Plant Sets New Performance Record

25 January 2021 - A Midrex Technologies direct reduction plant in Algeria has set a new production record, making more than 2.23 million tons of direct reduced iron (DRI) last year. 

Cleveland-Cliffs Expects Significant Q4 Revenue Increase

25 January 2021 - Cleveland-Cliffs Inc.'s fourth-quarter revenues likely will exceed US$2 billion, the iron ore miner and steelmaker said on Monday.  

Taiwanese Producer Gives Final OK on Upgraded Caster

22 January 2021 - China Steel Corp. subsidiary Dragon Steel Corp. has issued the final acceptance certificate on a modernized 6-strand billet caster, according to project contractor SMS group.  

JSW Fires Up New Reheat Furnace

22 January 2021 - JSW Steel’s Toranagallu plant in India has successfully started up a new walking beam reheat furnace, reports project contractor Danieli Centro Combustion India. 

voestalpine Returns Idled Blast Furnace to Service

21 January 2021 - voestalpine has restarted the second blast furnace at its Donawitz site in Austria to meet rising long products demand, the steelmaker has said.

Nucor Mill Adding Spooled Rebar to Product Lineup

19 January 2021 - Nucor Corp. is adding rebar spooling capabilities to its Plymouth, Utah, USA, bar mill, according to the company that will supply the equipment. 

U. S. Steel Starts Chemical Energy Package on EAF

19 January 2021 - Electric arc furnace accessories maker MORE srl said the chemical energy system on United States Steel Corporation’s new electric arc furnace has been started up.  

Report: thyssenkrupp Weighs Potential Spinoff for Steel Unit

18 January 2021 - thyssenkrupp is said to be considering a spinoff of its steel division, the latest of potential paths for the German technology group’s flat-rolled business. 

French Plate Mill Receives Support for Furnace Modernization

18 January 2021 - Dillinger Group subsidiary Dillinger France has received a grant from the French government that will help it reduce CO2 emissions. 

A Historic Moment: U. S. Steel Closes Big River Acquisition

15 January 2021 - United States Steel Corp. finalized its acquisition of Big River Steel on Friday, closing a deal that combines the process technology of America’s youngest steelmaking company with the customer base, capacity, research and development, and product portfolio of one of the country’s oldest.  

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