U.S. President-elect Donald Trump has reiterated his opposition to Japanese steelmaker Nippon Steel's proposed acquisition of U.S. Steel, vowing to block the deal and strengthen the iconic American company through tax…
South African steel producer, Scaw Metals has successfully produced its first slabs and coils at its new hot-strip mill complex in Johannesburg. This brownfield investment aims to expand the company's product portfolio…
BHP and HBIS Group have signed a new Memorandum of Understanding (MOU) to strengthen their strategic collaboration on decarbonizing the steel value chain. This builds on successful initiatives since their 2021…
Tata Steel has partnered with Danieli to modernize the wire rod line at its Jamshedpur plant. The project included the installation of two advanced shearing units, a crank shear and a rotary shear, along with an…
Japanese steel distribution giant Marubeni-Itochu Steel Inc. announced that its UK subsidiary, Barclay & Mathieson Limited (B&M), has acquired 100pct of the shares in Angus F. Gunn Limited. Founded in 1958 and based in…
Blastr Green Steel has signed an MoU with Interfere Edelstahl Group, a leading European steel trader, to supply 150,000 tons of ultra-low CO2 steel annually. This marks the second offtake agreement in just over a month…
CSIRO, Australia's national science agency, has successfully trialed its innovative hydrogen production technology at BlueScope's Port Kembla Steelworks in New South Wales, proving that affordable, renewable hydrogen…
Turkish steel producer Kardemir has reduced its billet prices by USD 25 per ton, according to its latest price list. The updated price for S235JR grade billets is now USD 495 per ton EXW, while B420 grade billets are…
Ezz Steel's board of directors has appointed Hassan Ahmed Nouh as chairman, in addition to his role as managing director. Nouh succeeds the late chairman, Mamdouh El Rouby. In a stock exchange filing, Ezz Steel…
Ashry Steel is set to launch its new USD 30 mln galvanizing and lighting poles factory in Sixth of October City next month, according to Sales Manager Mohamed Ali Gad. Spanning 45,000 square meters, the facility is…
SAIL (Steel Authority of India) has signed a Memorandum of Understanding (MoU) with John Cockerill India, an industrial equipment supplier, to explore joint initiatives aimed at advancing solutions for the steel…
Marcegaglia Stainless Sheffield, located in the UK, has partnered with Primetals Technologies to optimize production at its Sheffield minimill. The modernization project aims to double the plant's annual capacity from…
Axpo Nordic, a leading international energy company, and Stegra have signed a power purchase agreement to supply electricity to Stegra's integrated green hydrogen, green iron, and green steel production plant in Boden…
Egypt's Ezz Steel announced that a transformer at Meltshop No. 2 of its subsidiary, Ezz Flat Steel Company in Suez, has suffered a significant malfunction, according to the company's stock exchange filing. The…
Swedish steel producer, SSAB has chosen SMS group to construct a 190-ton electric arc furnace (EAF) in Oxelosund, which is set to be one of the largest installations in the world with an upper shell diameter of 9.3…
ArcelorMittal successfully bid to place Liberty Steel East Europe (Holdco) Ltd, a subsidiary of Sanjeev Gupta's GFG Alliance, into administration due to a USD 147.4 mln debt deemed unlikely to be repaid, according to…
Saudi Iron and Steel Company (Hadeed) has revealed its updated long steel prices for December deliveries. The price of rebar (12-32 mm) will rise by SAR 50 (USD 13) per ton, bringing it to SAR 2,400 (USD 639) per ton…
Germany's largest steelmaker, Thyssenkrupp, has announced plans to cut jobs and reduce production capacities as it grapples with overcapacity, rising cheap imports from Asia, and competitive pressures. Under its…
ArcelorMittal, a major steel producer, has announced a pause on its steel decarbonization investments in Europe, citing unfavorable policy, energy, and market conditions. The company had planned to replace several blast…
SSAB has signed an agreement with Amazon Web Services (AWS) to provide fossil-free steel for AWS's new data centers in Sweden. The collaboration includes pilot deliveries of HYBRIT technology-based steel, a…