Category: Steel Product Producers

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.

Japanese Prime Minister Fumio Kishida will be in Washington this week where one topic under discussion with President Biden will be U.S. Steel's proposed sale to Nippon Steel.

Cleveland-Cliffs and the Global Steel Climate Council (GSCC) are two of the newest members to join the World Steel Association (worldsteel).

Steel Warehouse Co. has announced the rebranding of its Cold Mill division as “Specialty Strip,” a boutique cold mill.

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.

Directors of Swedish steelmaker SSAB have decided to replace blast furnace-based steelmaking at Lulea with a ‘green steel’ mini-mill process.

The US Department of Energy has finalized Congressionally mandated energy-efficiency standards for transformers.

Reliance Inc. said it has completed its buy of Houston-based American Alloy Steel, effective as of April 1.

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.

A prominent US senator has asked the White House to investigate Nippon Steel Corp.’s (NSC) ties to China as the Japanese steelmaker seeks to acquire U.S. Steel.

RHI Magnesita has announced its intention to acquire Pittsburgh-based refractory producer Resco Group for an enterprise value of up to $430 million.

AM/NS Calvert has announced Chris Richards as interim CEO during the company's transition period.

Reliance Inc. has acquired flat-rolled steel service center MidWest Materials of Perry, Ohio.

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.

Steel companies in Mexico have lined up capex plans totaling $5.7 billion in the next three years. The focus is on replacing imports with domestic production, said David Gutierrez, outgoing president of sector association Canacero. “The investments are aimed at reducing imports, strengthening national production, and ensuring that the benefits stay in the country,” he was quoted as saying at Canacero’s annual congress by regional news service Business News Americas.

Metalformers are expecting business conditions to remain steady over the next few months, according to the March Business Conditions Report from the Precision Metalforming Association.

GrafTech International has appointed Timothy K. Flanagan as the company’s president and CEO, effective March 26.

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.

Rio de Janeiro-based metals and mining conglomerate Vale could potentially build a new plant for the production of iron ore briquettes in the US.

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).

Algoma Steel said in guidance on Monday that an unplanned outage at its blast furnace in January will “significantly” impact its fiscal fourth-quarter results.