Steel Mills

Duferco to Acquire All of Duferdofin-Nucor Venture
Written by Sandy Williams
November 13, 2020
The Italian joint venture Duferdofin-Nucor is coming to an end after a 12-year partnership. Duferco will repurchase Nucor’s 50 percent share of the company, becoming exclusive owner of the steel beam operations.
Duferco also announced it will invest EU 180 million ($213 million) for a new rolling mill at the plant in San Zeno Naviglio, Brescia. The new mill will add 150 jobs to the region and strengthen Duferco’s standing as a leading producer of structural steel shapes.
“Being in partnership with the first American steel producer for such a long time has been a real honor for Duferco. We sincerely thank the Nucor people who worked with us during these years, helping the company improve continuously its technical and productive performances,” said Antonio Gozzi, president of Duferco Italia Holding.
Duferdofin-Nucor produces steel beams and has an annual capacity of more than one million tons per year. The transaction is expected to close at the beginning of December, subject to approval by the European Authority for Competition.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Nucor moves to stop HRC price slide with $10/ton hike
Nucor is attempting to halt the decline in hot-rolled coil prices with the announcement of a $10-per-short-ton increase in its weekly consumer spot price on Monday.

Explosion rocks ArcelorMittal’s DR plant in Mexico
ArcelorMittal reported a "strong" explosion at the direct reduction part of its massive Lazaro Cardenas mill in Mexico.

SDI to acquire remaining stake in New Process Steel
Steel Dynamics Inc. (SDI) announced that it has agreed to acquire the remaining 55% equity interest in New Process Steel.

North Star results improve despite buyer caution as tariffs drive prices higher
North Star BlueScope said it is optimistic that US tariffs will bolster selling prices and tighten the spread the Australia-based steel maker suffered in 2025.

AISI: Domestic steel production edges down
US raw steel production declined last week, according to the latest data released by the American Iron and Steel Institute (AISI).