After receiving a hefty federal tax credit, ArcelorMittal plans to produce non-grain-oriented electrical steel (NOES) in Alabama. ArcelorMittal Calvert LLC received a tax credit of $280.5 million for the project, according to a Department of Energy (DOE) announcement on Friday. The Qualifying Advanced Energy Project Credit (48C) tax credit is meant to accelerate clean energy […]
Nucor has appointed Nicole B. Theophilus to the newly created position of EVP of talent and human resources, effective April 29.
Steel industry veteran Mark Bush announced he will be joining AM/NS Calvert as area manager steelmaking.
U.S. Steel’s No. 8 blast furnace (BF8) at its Gary Works in northwest Indiana is undergoing a 45-day maintenance outage that started on April 4.
U.S. Steel Corp.’s impending sale to Japan’s Nippon Steel Corp. (NSC) has cleared one hurdle: USS stockholders voted overwhelmingly in favor of the nearly $15 billion merger.
The market appears to be taking a pause after the heavy buying that occurred in March.
The United Steelworkers (USW) union is calling out Nippon Steel for already prioritizing its Japanese operations at the expense of American workers despite forging ahead with its proposed plan to purchase U.S. Steel.
President Biden said on Wednesday he would stand by his commitment to US workers regarding the proposed sale of U.S. Steel to Japan’s Nippon Steel.
Evraz North America said there was no impact on production from a fire that broke out at its Pueblo., Colo., steel mill on Friday.
Domestic raw steel production moved higher last week after rebounding from a seven-week low just two weeks ago, reaching its highest total year-to-date, according to the latest release from the American Iron and Steel Institute (AISI)
Martin Lindqvist announced he will be stepping down as president and CEO of Swedish steelmaker SSAB.
Nucor said its new weekly hot-rolled coil spot price is not meant as a substitute for any current price indices.
AHMSA’s new investors, Argentem Creek Partners, have plans for a potential staggered restart of operations at the Mexican steelmaker.
The US Department of Energy has finalized Congressionally mandated energy-efficiency standards for transformers.
In a first-of-its-kind project, U.S. Steel will soon begin capturing carbon emissions from its blast furnaces at its Gary Works in Indiana.
AM/NS Calvert has announced Chris Richards as interim CEO during the company's transition period.
Steel Dynamics Inc. (SDI) has announced new roles for current executives James Anderson and Chad Bickford. SDI said James Anderson will take over responsibility and oversight for the company's long products group, effective May 1.
U.S. Steel Corp. will hold a special shareholder meeting on Friday, April 12, to vote on whether to approve or deny Japan’s Nippon Steel Corp.’s (NSC) nearly $15-billion acquisition of the Pittsburgh-based steelmaker.
Cleveland-Cliffs’ Lourenco Goncalves said the company is still interested in acquiring U.S. Steel, though no bid is currently on the table, according to a local report.
Nucor has acquired Southwest Data Products (SWDP), a manufacturer and installer of data center infrastructure, for $115 million.
Cleveland-Cliffs aims to increase sheet prices by $60 per short ton (st) and is seeking a new target base for hot-rolled coil (HRC) of $900/st. That's according to a press release circulated on Wednesday morning, March 27.
With the help of a large government grant, SSAB may soon expand its operations in the US – including constructing a fossil-fuel-free green ironmaking facility in Mississippi.
The Department of Energy (DOE) announced on Monday six projects that will receive up to $1.5 billion in funding to further decarbonize the iron and steel industry.
Cleveland-Cliffs Inc. has plans to replace the blast furnace at its Middletown Works in Ohio with a direct-reduced iron (DRI) plant and two electric melting furnaces (EMFs).
A temporary surplus of rebar on the West Coast is forcing CMC to alter the planned ramp-up of its Arizona 2 micro-mill, the company's leader said on Thursday.
CMC’s earnings slid in its fiscal second quarter vs. the same period last year as the company cited seasonal issues and challenging weather conditions in several key areas.
Nucor has signed an agreement with Mercedes-Benz to supply the low-carbon steel Econiq-RE at the automaker’s Tuscaloosa, Ala., plant.
As uncertainty swirls around Nippon Steel Corp.’s (NSC) proposed buy of U.S. Steel, the Japanese steelmaker continues to make assurances that it has the best interests in mind for running the iconic Pittsburgh-based steelmaker.
Radius Recycling anticipates a wider loss in its fiscal second quarter vs. the first quarter, according to preliminary results.
U.S. Steel expects higher earnings in the first quarter of this year vs. the previous quarter.